UBFO News and Press, United Security Bancshares From 07/25/23

The Board of Directors of United Security Bancshares (NASDAQ: UBFO), the parent company of United Security Bank, reported today operating results for the quarter and six months ended June 30, 2023. For the full release, please visit UBFO Investor Relations https://investors.unitedsecuritybank.c...

2023-06-28 16:03:00 ET United Security Bancshares ( NASDAQ: UBFO ) declares $0.12/share quarterly dividend , 9.1% increase from prior dividend of $0.11. Forward yield 7.43% Payable July 24; for shareholders of record July 10; ex-div July 7. See UBFO Divid...

On June 27, 2023, the Board of Directors of United Security Bancshares (the “Company”) (NASDAQ: UBFO), the parent company of United Security Bank (the “Bank”), declared a regular quarterly cash dividend of $0.12 per share on the Company’s common stock. The divid...

2023-06-23 14:58:03 ET Summary United Security Bancshares has maintained its quarterly dividend payouts despite the regional banking crisis and challenging operating conditions. The bank's net income surged in the first quarter, driven by a rise in interest and fees on loans, but ...

The Board of Directors of United Security Bancshares (the “Company”) (NASDAQ: UBFO), the parent company of United Security Bank (the “Bank”), announced today the appointment of Jay Gill to the Company’s and Bank’s Boards of Directors effective June 7, 202...

The Board of Directors of United Security Bancshares (NASDAQ: UBFO), the parent company of United Security Bank, reported today operating results for the quarter ended March 31, 2023. For the full release, please visit UBFO Investor Relations https://investors.unitedsecuritybank.com/news-market...

Summary UBFO trades at a discounted valuation of 6.4x 2023 P/E and 1.2x P/TBV. The discount is unwarranted, given UBFO generates industry-leading ROE, 19.8% ROTE and 1.64% ROA. That industry-leading profitability is driven by UBFO's low cost deposit franchise with 22 bps cost of dep...

United Security Bancshares press release ( NASDAQ: UBFO ): Q4 GAAP EPS of $0.31. Revenue of $14.53M (+36.0% Y/Y). For further details see: United Security Bancshares GAAP EPS of $0.31, revenue of $14.53M

The Board of Directors of United Security Bancshares (NASDAQ: UBFO), the parent company of United Security Bank, reported today operating results for the quarter and year ended December 31, 2022. For the full release, please visit UBFO Investor Relations https://investors.unitedsecuritybank.com...

United Security Bancshares press release ( NASDAQ: UBFO ): Q3 GAAP EPS of $0.26. Revenue of $13.12M (+27.8% Y/Y). For further details see: United Security Bancshares GAAP EPS of $0.26, revenue of $13.12M