United Security Bancshares

Finance
Major Banks
www.unitedsecuritybank.com

Earnings Score

Market Cap $172.52M
PE 10
Debt -
Cash $47.92M
EV -
FCF $20.74M

Earnings

loading chart...

Sales & Net Margins

loading chart...

Earnings	$17.69M
EBIT	$24.24M
ROE	13%
ROA	2%
FCF	$20.74M
Equity	$132.86M
Growth Stability	100%
PE	9.75
PEG	0.31
PB	1.3
P/FCF	8.32
P/S	60.03
Price/Cash	0.28
Net Margins	573%
Op. Margins	843%
Earnings CAGR	7%
Sales Growth YoY	5%
Sales Growth QoQ	0%
Sales CAGR	0%
FCF CAGR	7%
Equity CAGR	3%
Earnings Stability	0.04

Earnings Growth YoY	-1%
Earnings Growth QoQ	-11%
Earnings CAGR 5Y	31%
Sales CAGR 5Y	3%
FCF CAGR 5Y	16%
Equity CAGR 5Y	1%
Earnings CAGR 3Y	0%
Sales CAGR 3Y	0%
FCF CAGR 3Y	5%
Equity CAGR 3Y	5%
Market Cap	$172.52M
Revenue	$2.87M
Dividend Yield	5%
Payout Ratio	46%
Assets	$1.26B
Cash	$47.92M
Shares Outstanding	17.18M
Earnings Score	7%
Shares Growth 3y	0%
Equity Growth QoQ	4%
Equity Growth YoY	15%

Assets & ROA

loading chart...

Stockholders Equity & ROE

loading chart...

United Security Bancshares operates as the holding for United Security Bank. It provides commercial banking services to the business and professional community, and individuals located in Fresno, Madera, and Kern Counties. It offers checking and savings accounts, deposits, mortgage loans, credit and debit cards, safe deposit boxes, automated teller machines, wire transfers, money market accounts, mobile banking, and wealth management services. The company's primary sources of revenue are interest income from loans and investment securities.

SEC Filings

Direct access to United Security Bancshares (UBFO) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does United Security Bancshares compare to its competitors?

Loading chart...

Peter Lynch's Chart

This chart shows the current pricing of United Security Bancshares compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 7%

Stability 4%

loading chart...

United Security Bancshares Discounted Cash Flow

Fully customizable DCF calculator online for United Security Bancshares.

Years

Calculation mode

= $329M

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$21M	$22M	$24M	$25M	$27M	$29M	$31M	$33M	$35M	$37M	$40M	$397M
DCF		$20M	$20M	$19M	$18M	$18M	$17M	$17M	$16M	$16M	$15M	$153M
Value	$329M

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	12/2015	12/2016	07/2017	12/2017	10/2018	10/2019	12/2020	12/2021	12/2022	12/2023	TTM
Net Margins	-	-	-	-	-	-	337%	362%	518%	678%	573%
ROA	-	2%	-	2%	-	-	-	1%	2%	2%	2%
ROE	-	8%	-	9%	-	-	-	8%	14%	16%	13%

Good Net Margins (573.36%)

Net Margins are high enough to offer a good protection on the profits in case of higher costs or higher interests. Furthermore higher margins reduce earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	12/2015	12/2016	07/2017	12/2017	10/2018	10/2019	12/2020	12/2021	12/2022	12/2023	TTM
Debt over FCF	-	-	-	-	-	-	-	-	-	-	-
Debt over Equity	-	-	-	-	-	-	-	-	-	-	-
Growth Stability	-	-	-	100%	-	-	100%	100%	100%	100%	100%

Neutral Debt/FCF ratio (-)

Net Margins are at a level that is not too high nor too low. They are not a competitive advantage but they are not a competitive disadvantage either.

Neutral Debt/Equity ratio (-)

The company has a balance between equity and debt that is not too good nor too bad.

Good Graham’s Stability (100%)

The company has a good stability in its earnings, which is a sign of a good competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	12/2015	12/2016	07/2017	12/2017	10/2018	10/2019	12/2020	12/2021	12/2022	12/2023	CAGR 5Y
Revenue YoY growth	-	-	-	-	-	-	-	5%	8%	-4%	3%
Earnings YoY growth	-	8%	-	-	-	-	-	13%	55%	26%	31%
Equity YoY growth	-	8%	-	-	-	-	-	2%	-6%	9%	1%
FCF YoY growth	-	-2%	-	-	-	-	-	21%	41%	-5%	16%