United Security Bancshares (UBFO) AI Stock Analysis

• Market Cap: $158.68M
• Dividend Yield: 5.29%
• Average Volume (3M): 83.40K
• Price to Earnings (P/E): 11.8
• Beta (1Y): 0.63
• Revenue Growth: 0.16%
• EPS Growth: -25.67%
• Country: US
• Employees: 114
• Sector: Financial
• Sector Strength: 82
• Industry: Banks - Regional
• EPS (TTM): 0.77
• Shares Outstanding: 17,475,927
• 10 Day Avg. Volume: 208,178
• 30 Day Avg. Volume: 83,401
• PEG Ratio: -1.26
• Price to Book (P/B): 1.17
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 8.15
• Enterprise Value/Market Cap: 0.81
• Enterprise Value/Revenue: 0.59
• Enterprise Value/Gross Profit: 2.64
• Enterprise Value/Ebitda: 7.70
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 74 Outperform
• Price Target: $9.50 ▲(4.63%Upside)

The overall score reflects strong financial health and attractive valuation as key strengths, supported by a robust dividend yield. However, technical indicators suggest weak momentum, and there are minor concerns about operational efficiency and declining free cash flow.

United Security Bancshares Business Overview & Revenue Model

Company Description

United Security Bancshares (UBFO) is a bank holding company headquartered in Fresno, California. It operates primarily through its wholly-owned subsidiary, United Security Bank, which provides a broad range of financial services to individuals and businesses. The bank focuses on offering traditional banking products such as loans, deposits, and cash management services, primarily serving Central California's small and medium-sized businesses, professionals, and individuals.

How the Company Makes Money

United Security Bancshares generates revenue primarily through the interest income from its loan portfolio, including commercial, real estate, agricultural, and consumer loans. The company also earns money from non-interest income, which includes fees from various banking services such as deposit account maintenance, transaction processing, and other financial services. Additionally, the bank benefits from interest earned on investments and securities. Strategic partnerships and a focus on relationship banking in the Central California region also contribute to its earnings by attracting and retaining a loyal customer base.

United Security Bancshares Financial Statement Overview

Summary

United Security Bancshares exhibits financial stability with a strong equity position and positive cash flows. However, the significant drop in reported revenue in 2024 raises concerns about future profitability and growth prospects. The company's low leverage and operational efficiencies provide a cushion against potential financial risks.

Income Statement

The company's revenue showed a downward trend, decreasing from $53.43M in 2023 to $0 in 2024, which impacts the overall income statement score. Despite this, EBIT and net income remained positive, indicating some level of cost control or operational efficiency. The gross profit margin and revenue growth rate could not be calculated due to missing revenue data for 2024.

Balance Sheet

The company maintains a solid equity base, with a stockholders' equity of $130.36M in 2024. The debt-to-equity ratio is low, reflecting conservative financial leverage. The equity ratio improved over the years, suggesting strong financial health and stability. The return on equity for 2024 cannot be calculated due to missing net income data.

Cash Flow

Operating cash flow decreased significantly from 2023 to 2024, affecting the cash flow score. However, the company managed to maintain a positive free cash flow in both years. The free cash flow to net income ratio could not be calculated for 2024 due to missing net income data.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	48.60M	53.43M	47.81M	38.95M	36.73M
Gross Profit	48.60M	53.43M	47.81M	38.95M	36.73M
EBITDA	0.00	29.58M	23.99M	14.46M	13.22M
Net Income	14.78M	19.80M	15.69M	10.10M	8.96M
Balance Sheet
Total Assets	1.21B	1.21B	1.30B	1.33B	1.09B
Cash, Cash Equivalents and Short-Term Investments	213.59M	219.59M	246.14M	398.12M	376.41M
Total Debt	14.73M	74.65M	12.98M	13.89M	13.89M
Total Liabilities	1.08B	1.09B	1.19B	13.89M	974.85M
Stockholders Equity	130.36M	122.54M	112.46M	120.21M	117.81M
Cash Flow
Free Cash Flow	18.60M	20.59M	21.56M	15.30M	12.66M
Operating Cash Flow	19.64M	21.38M	23.70M	16.55M	13.80M
Investing Cash Flow	0.00	87.58M	-174.23M	-319.37M	-65.55M
Financing Cash Flow	-17.16M	-106.77M	-30.09M	227.97M	126.82M

United Security Bancshares Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.08
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For UBFO, the sentiment is Positive. The current price of 9.08 is above the 20-day moving average (MA) of 8.53, above the 50-day MA of 8.73, and above the 200-day MA of 8.97, indicating a bullish trend. The MACD of 0.09 indicates Negative momentum. The RSI at 67.58 is Neutral, neither overbought nor oversold. The STOCH value of 93.97 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for UBFO.

United Security Bancshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UBFO	74 Outperform	$158.68M	11.75	10.35%	5.29%	0.16%	-25.67%
CFBK	73 Outperform	$156.82M	10.65	8.65%	1.16%	5.51%	-5.63%
OVBC	72 Outperform	$160.27M	12.73	8.37%	2.72%	16.21%	10.91%
FCAP	68 Neutral	$142.64M	11.64	10.83%	2.73%	12.53%	2.45%
Sector *	67 Neutral	$17.01B	11.90	9.70%	3.76%	11.63%	-9.47%
UNB	62 Neutral	$128.62M	14.59	13.21%	5.25%	13.60%	-17.65%
SFBC	62 Neutral	$120.89M	24.22	4.90%	1.61%	8.04%	-16.23%

United Security Bancshares Corporate Events

United Security Bancshares Declares Cash Dividend

On June 24, 2025, United Security Bancshares declared a $0.12 per share cash dividend for shareholders of record as of July 7, 2025, with payment scheduled for July 22, 2025. This announcement reflects the company’s commitment to returning value to its shareholders, potentially impacting investor sentiment and market perception positively.

United Security Bancshares Appoints New Chief Banking Officer

On May 30, 2025, United Security Bancshares and its subsidiary United Security Bank announced the appointment of Kevin Williams as Senior Vice President, Chief Banking Officer. Williams, with a background at Bank of the Sierra and Comerica Bank, is expected to enhance the bank’s executive team and contribute to its strategic goals.

United Security Bancshares Shareholders Meeting Outcomes

On May 21, 2025, United Security Bancshares held its annual meeting of shareholders where 70.50% of the shares were represented. During the meeting, shareholders elected all 10 nominees to the Board of Directors, approved the 2025 Equity Incentive Award Plan, ratified Moss Adams LLP as the independent accounting firm for 2024, and approved executive compensation. However, the proposal to increase authorized common shares from 20,000,000 to 50,000,000 was not approved.

United Security Bancshares COO Retirement Announced

On May 9, 2025, United Security Bancshares announced the retirement of David Eytcheson, their Senior Vice President and Chief Operating Officer, effective the same day. This change in leadership may impact the company’s operations and strategic direction, though specific implications for stakeholders were not detailed in the announcement.