UBFO - United Security Bancshares-Fresno CA Stock Price, Fair Value and News

7.27USD-0.09 (-1.22%)Market Closed

Market Summary

USD7.27-0.09

Market Closed

-1.22%

UBFO Alerts

1 major insider buys recently.

UBFO Stock Price

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UBFO RSI Chart

UBFO Valuation

Market Cap

125.9M

Price/Earnings (Trailing)

7.06

Price/Sales (Trailing)

2.07

EV/EBITDA

1.12

Price/Free Cashflow

6.86

UBFO Price/Sales (Trailing)

UBFO Profitability

EBT Margin

40.67%

Return on Equity

14.36%

Return on Assets

1.48%

Free Cashflow Yield

14.57%

UBFO Fundamentals

UBFO Revenue

Revenue (TTM)

60.7M

Rev. Growth (Yr)

2.2%

Rev. Growth (Qtr)

-3.41%

UBFO Earnings

Earnings (TTM)

17.8M

Earnings Growth (Yr)

-32.07%

Earnings Growth (Qtr)

-22.96%

Breaking Down UBFO Revenue

Last 7 days

0.3%

Last 30 days

2.0%

Last 90 days

-1.8%

Trailing 12 Months

23.4%

How does UBFO drawdown profile look like?

UBFO Financial Health

UBFO Investor Care

Dividend Yield

4.81%

Dividend/Share (TTM)

0.35

Shares Dilution (1Y)

1.29%

Diluted EPS (TTM)

1.04

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	60.7M	0	0	0
2023	53.8M	57.9M	59.7M	60.4M
2022	39.2M	40.8M	44.4M	49.3M
2021	33.9M	35.1M	36.9M	37.8M
2020	40.4M	38.3M	36.0M	34.9M
2019	38.2M	40.1M	41.0M	41.3M
2018	34.1M	34.4M	35.4M	36.6M
2017	30.2M	31.3M	32.1M	32.9M
2016	27.8M	28.0M	28.8M	29.5M
2015	25.7M	26.3M	26.8M	27.4M
2014	23.1M	23.5M	24.2M	25.0M
2013	24.3M	23.5M	23.2M	23.0M
2012	27.5M	26.9M	26.1M	25.1M
2011	31.4M	30.2M	29.1M	27.9M
2010	0	0	0	32.5M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of United Security Bancshares-Fresno CA

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 30, 2024	woods dennis r	acquired	-	-	-	ceo
Apr 30, 2024	woods dennis r	bought	14,100	7.05	2,000	ceo
Mar 15, 2024	gill jagroop	bought	8,527	7.5	1,137	-
Mar 15, 2024	gill jagroop	acquired	-	-	-	-
Mar 14, 2024	gill jagroop	acquired	-	-	-	-
Mar 14, 2024	gill jagroop	bought	135	7.5	18.00	-

Which funds bought or sold UBFO recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	added	172	297,841	496,300	-%
May 15, 2024	Royal Bank of Canada	unchanged	-	-6,000	72,000	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	reduced	-43.93	-98,971	104,702	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	2.49	-64,263	999,594	0.02%
May 15, 2024	683 Capital Management, LLC	sold off	-100	-228,138	-	-%
May 15, 2024	Tower Research Capital LLC (TRC)	added	46.09	2,155	8,504	-%
May 15, 2024	Mraz, Amerine & Associates, Inc.	unchanged	-	-13,903	153,136	0.03%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-86.52	-65,639	9,252	-%
May 15, 2024	HSBC HOLDINGS PLC	unchanged	-	-12,050	103,221	-%
May 15, 2024	KENNEDY CAPITAL MANAGEMENT LLC	added	33.61	110,625	602,467	0.01%

Are Funds Buying or Selling UBFO?

Are funds buying UBFO calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own UBFO

No. of Funds

UBFO Alerts

1 major insider buys recently.

Unveiling United Security Bancshares-Fresno CA's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jun 12, 2023	gill jagroop	5.92%	1,012,595	SC 13D
Jun 06, 2023	strategic value investors lp	0%	0	SC 13D/A
Jan 31, 2023	strategic value investors lp	5.5%	934,309	SC 13D/A
Feb 16, 2021	bridgewealth advisory group, llc	5.5%	935,171	SC 13G/A
Feb 12, 2021	strategic value investors lp	5.4%	917,289	SC 13D/A
Feb 12, 2020	bridgewealth advisory group, llc	5.5%	931,689	SC 13G/A
Feb 12, 2020	bridgewealth advisory group, llc	5.7%	961,648	SC 13G

Recent SEC filings of United Security Bancshares-Fresno CA

View All Filings

Date Filed	Form Type	Document
May 17, 2024	8-K	Current Report
May 15, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 09, 2024	10-Q	Quarterly Report
May 01, 2024	4	Insider Trading
Apr 18, 2024	8-K	Current Report
Apr 01, 2024	DEF 14A	DEF 14A
Mar 27, 2024	8-K	Current Report
Mar 26, 2024	10-K	Annual Report
Mar 19, 2024	4	Insider Trading

Peers (Alternatives to United Security Bancshares-Fresno CA)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

United Security Bancshares-Fresno CA News

Latest updates

United Security Bancshares-Fresno CA Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-3.4%	15.00	15.00	15.00	15.00	15.00	15.00	14.00	11.00	10.00	10.00	10.00	9.00	9.00	9.00	8.00	8.00	9.00	10.00	10.00	10.00	10.00
EBITDA Margin	-5.7%	1.22*	1.30*	1.34*	1.41*	1.45*	1.41*	1.39*	1.37*	1.36*	1.33*	1.31*	1.31*	1.29*	1.33*	-	-	-	-	-	-	-
Interest Expenses	-2.0%	12.00	12.00	12.00	13.00	13.00	13.00	13.00	10.00	9.00	9.00	9.00	9.00	8.00	9.00	8.00	8.00	9.00	9.00	9.00	9.00	9.00
Income Taxes	-3.9%	2.00	2.00	2.00	2.00	3.00	2.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	2.00	2.00	2.00
Earnings Before Taxes	-18.7%	6.00	7.00	5.00	6.00	9.00	8.00	6.00	5.00	3.00	4.00	4.00	4.00	2.00	3.00	3.00	3.00	4.00	4.00	6.00	6.00	6.00
EBT Margin	-10.6%	0.41*	0.46*	0.47*	0.50*	0.51*	0.45*	0.42*	0.39*	0.38*	0.35*	0.32*	0.33*	0.31*	0.36*	-	-	-	-	-	-	-
Net Income	-23.0%	4.00	5.00	4.00	4.00	6.00	5.00	4.00	3.00	2.00	3.00	3.00	3.00	1.00	2.00	2.00	2.00	3.00	3.00	4.00	4.00	4.00
Net Income Margin	-10.4%	0.29*	0.33*	0.33*	0.35*	0.36*	0.32*	0.31*	0.29*	0.28*	0.27*	0.23*	0.24*	0.22*	0.26*	-	-	-	-	-	-	-
Free Cashflow	8.3%	7.00	6.00	-3.21	8.00	9.00	8.00	7.00	5.00	2.00	7.00	2.00	1.00	4.00	4.00	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.4%	1,206	1,211	1,273	1,289	1,261	1,299	1,369	1,340	1,350	1,331	1,293	1,231	1,187	1,093	1,134	1,031	977	957	957	1,006	964
Cash Equivalents	5.4%	43.00	41.00	35.00	58.00	45.00	39.00	126	107	225	219	259	161	308	294	323	230	200	219	246	309	261
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9.00	9.00	9.00	10.00	10.00
Goodwill	0%	4.00	4.00	5.00	5.00	5.00	5.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00
Liabilities	-0.6%	1,082	1,089	1,158	1,173	1,148	1,187	1,262	1,230	1,236	1,211	1,174	1,113	1,070	975	1,016	914	860	841	842	893	853
Shareholder's Equity	1.3%	124	123	115	116	113	112	107	110	114	120	119	118	117	118	118	117	117	116	115	113	111
Retained Earnings	2.7%	79.00	77.00	74.00	72.00	69.00	70.00	66.00	64.00	62.00	62.00	60.00	60.00	59.00	59.00	59.00	59.00	59.00	58.00	57.00	54.00	52.00
Shares Outstanding	1.2%	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	-	-	-	-	-	-	-
Float	-	-	-	-	104	-	-	-	104	-	-	-	-	-	-	-	89.00	-	-	-	152	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	10.9%	7,448	6,713	-2,991	8,326	9,328	8,673	7,278	5,524	2,225	7,669	3,024	1,231	4,626	4,434	1,250	3,304	4,812	6,395	4,689	2,253	2,823
Share Based Compensation	130.0%	207	90.00	72.00	76.00	240	78.00	87.00	101	100	87.00	53.00	52.00	46.00	109	107	132	77.00	77.00	78.00	95.00	99.00
Cashflow From Investing	-93.1%	4,386	63,806	-335	-16,143	40,255	-18,930	-19,210	-115,199	-20,894	-83,397	37,093	-189,016	-84,046	10,300	-7,263	-24,423	-44,161	-27,755	-15,648	9,033	11,607
Cashflow From Financing	85.2%	-9,614	-65,032	-19,780	21,067	-43,025	-77,180	30,748	-8,013	24,354	35,519	58,403	40,784	93,260	-43,997	99,804	50,807	20,207	-5,588	-52,554	37,469	25,934
Dividend Payments	-100.0%	-	1,878	2,238	1,880	1,874	1,872	1,875	1,877	1,872	1,872	1,870	1,877	1,870	-	1,867	1,868	1,867	-	-	-	-

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UBFO Income Statement

2024-03-31

Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest Income:
Interest and fees on loans	$ 13,481	$ 13,000
Interest on investment securities	1,354	1,501
Interest on deposits in FRB	44	58
Total interest income	14,879	14,559
Interest Expense:
Interest on deposits	1,723	1,343
Interest on other borrowed funds	1,442	271
Total interest expense	3,165	1,614
Net Interest Income	11,714	12,945
Provision (reversal of provision) for credit losses	173	(493)
Net Interest Income after Provision (reversal) for Credit Losses	11,541	13,438
Noninterest Income:
Customer service fees	706	734
Increase in cash surrender value of bank-owned life insurance	137	132
Unrealized gain on fair value of marketable equity securities	43	43
(Loss) gain on fair value of junior subordinated debentures	(294)	333
Gain on sale of assets	11	0
Other	450	206
Total noninterest income	1,053	1,448
Noninterest Expense:
Salaries and employee benefits	3,498	3,260
Occupancy expense	858	963
Data processing	111	174
Professional fees	1,225	882
Regulatory assessments	173	192
Director fees	128	109
Correspondent bank service charges	12	19
Net (gain) cost of operation of OREO	(12)	37
Other	745	604
Total noninterest expense	6,738	6,240
Income before provision for taxes	5,856	8,646
Provision for income taxes	1,695	2,521
Net Income	$ 4,161	$ 6,125
Net Income per common share
Basic (in usd per share)	$ 0.24	$ 0.36
Diluted (in usd per share)	$ 0.24	$ 0.36
Weighted average common shares outstanding
Basic (in shares)	17,170,907	17,076,510
Diluted (in shares)	17,171,642	17,092,460

UBFO Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets – (unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and noninterest-bearing deposits in other banks	$ 41,146	$ 40,577
Due from Federal Reserve Bank (FRB)	1,858	207
Cash and cash equivalents	43,004	40,784
Investment securities (at fair value)
Total AFS securities	165,166	181,265
Marketable equity securities	3,397	3,354
Total investment securities	168,563	184,620
Loans
Loans	930,927	921,341
Unearned fees and unamortized loan origination costs - net	(1,514)	(1,299)
Allowance for credit losses - loans	(15,451)	(15,658)
Net loans	913,962	904,384
Premises and equipment - net	9,204	9,098
Accrued interest receivable	8,434	7,928
Other real estate owned	4,582	4,582
Goodwill	4,488	4,488
Investment in limited partnership	3,400	3,200
Deferred tax assets - net	14,409	14,055
Cash surrender value of life insurance - net	22,091	21,954
Operating lease right-of-use assets	1,177	1,338
Other assets	13,090	14,614
Total assets	1,206,404	1,211,045
Deposits
Non-interest-bearing	353,151	403,225
Interest-bearing	602,783	601,252
Total deposits	955,934	1,004,477
Short-term borrowings	103,000	62,000
Operating lease liabilities	1,272	1,437
Other liabilities	10,666	9,376
Junior subordinated debentures (at fair value)	11,348	11,213
Total liabilities	1,082,220	1,088,503
Commitments and contingencies (Note 17)
Shareholders’ Equity
Common stock, no par value; 20,000,000 shares authorized; issued and outstanding: 17,315,195 at March 31, 2024 and 17,167,895 at December 31, 2023	60,792	60,585
Retained earnings	79,067	76,995
Accumulated other comprehensive loss, net of tax	(15,675)	(15,038)
Total shareholders’ equity	124,184	122,542
Total liabilities and shareholders’ equity	1,206,404	1,211,045
Taxable AFS Securities
Investment securities (at fair value)
Total AFS securities	162,941	179,016
Tax-exempt municipal bonds
Investment securities (at fair value)
Total AFS securities	$ 2,225	$ 2,250

About United Security Bancshares-Fresno CA

United Security Bancshares operates as the bank holding company for United Security Bank, a state-chartered bank that provides a range of commercial banking services to the business and professional community, and individuals in California. The company accepts various deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificates of deposit. It also provides real estate mortgage, commercial and industrial, real estate construction and development, and consumer loans, as well as agricultural, installment, and student loans. In addition, the company offers online and mobile banking, safe deposit boxes, wire transfers, payroll direct deposit, cashier's check, cash management, money order, and foreign draft services, as well as automated and interactive teller machines; and person-to-person and bank-to-bank transfers for consumer customers. United Security Bancshares was founded in 1987 and is headquartered in Fresno, California.

CEO	Mr. Dennis R. Woods M.D.
WEBSITE	unitedsecuritybank.com
INDUSTRY	Banks Diversified
EMPLOYEES	117

United Security Bancshares-Fresno CA Frequently Asked Questions

What is the ticker symbol for United Security Bancshares-Fresno CA? What does UBFO stand for in stocks?

UBFO is the stock ticker symbol of United Security Bancshares-Fresno CA. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of United Security Bancshares-Fresno CA (UBFO)?

As of Fri May 17 2024, market cap of United Security Bancshares-Fresno CA is 125.88 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of UBFO stock?

You can check UBFO's fair value in chart for subscribers.

What is the fair value of UBFO stock?

You can check UBFO's fair value in chart for subscribers. The fair value of United Security Bancshares-Fresno CA is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of United Security Bancshares-Fresno CA is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for UBFO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is United Security Bancshares-Fresno CA a good stock to buy?

The fair value guage provides a quick view whether UBFO is over valued or under valued. Whether United Security Bancshares-Fresno CA is cheap or expensive depends on the assumptions which impact United Security Bancshares-Fresno CA's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for UBFO.

What is United Security Bancshares-Fresno CA's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, UBFO's PE ratio (Price to Earnings) is 7.06 and Price to Sales (PS) ratio is 2.07. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. UBFO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on United Security Bancshares-Fresno CA's stock?

In the past 10 years, United Security Bancshares-Fresno CA has provided 0.069 (multiply by 100 for percentage) rate of return.