UBOH
Income statement / Annual
Last year (2023), United Bancshares, Inc.'s total revenue was $40.87 M,
a decrease of 10.44% from the previous year.
In 2023, United Bancshares, Inc.'s net income was $8.61 M.
See United Bancshares, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$40.87 M |
$45.64 M |
$53.08 M |
$60.04 M |
$43.94 M |
$37.64 M |
$28.83 M |
$24.30 M |
$25.40 M |
$21.34 M |
| Cost of Revenue |
$2.13 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$1.58 M
|
$1.03 M
|
$860,000.00
|
$628,387.00
|
$680,737.00
|
| Gross Profit |
$38.74 M
|
$45.64 M
|
$53.08 M
|
$60.04 M
|
$43.94 M
|
$36.05 M
|
$27.80 M
|
$23.44 M
|
$24.77 M
|
$20.66 M
|
| Gross Profit Ratio |
0.95
|
1
|
1
|
1
|
1
|
0.96
|
0.96
|
0.96
|
0.98
|
0.97
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$16.25 M
|
$18.75 M
|
$23.42 M
|
$24.40 M
|
$20.46 M
|
$17.71 M
|
$13.61 M
|
$11.04 M
|
$10.84 M
|
$9.72 M
|
| Selling & Marketing Expenses |
$973,000.00
|
$1.75 M
|
$2.28 M
|
$2.08 M
|
$1.80 M
|
$1.79 M
|
$1.06 M
|
$605,000.00
|
$483,885.00
|
$404,558.00
|
| Selling, General & Administrative Expenses |
$17.23 M
|
$20.50 M
|
$25.70 M
|
$26.48 M
|
$22.26 M
|
$19.50 M
|
$14.67 M
|
$11.64 M
|
$11.33 M
|
$10.12 M
|
| Other Expenses |
$21.52 M
|
-$51.97 M
|
-$62.71 M
|
-$69.84 M
|
-$53.92 M
|
-$39.64 M
|
-$32.62 M
|
-$25.58 M
|
-$26.70 M
|
-$22.72 M
|
| Operating Expenses |
$38.74 M
|
-$31.47 M
|
-$37.01 M
|
-$43.37 M
|
-$31.67 M
|
-$20.14 M
|
-$17.95 M
|
-$13.94 M
|
-$15.37 M
|
-$12.60 M
|
| Cost And Expenses |
$40.87 M
|
-$31.47 M
|
-$37.01 M
|
-$43.37 M
|
-$31.67 M
|
-$20.14 M
|
$1.03 M
|
$860,000.00
|
$628,387.00
|
$680,737.00
|
| Interest Income |
$47.20 M
|
$38.94 M
|
$38.80 M
|
$40.03 M
|
$37.82 M
|
$34.37 M
|
$25.77 M
|
$21.63 M
|
$22.84 M
|
$19.62 M
|
| Interest Expense |
$14.09 M
|
$3.26 M
|
$3.07 M
|
$6.99 M
|
$8.92 M
|
$6.16 M
|
$3.12 M
|
$2.23 M
|
$2.08 M
|
$2.67 M
|
| Depreciation & Amortization |
$1.59 M
|
$1.39 M
|
$1.54 M
|
$1.50 M
|
$1.09 M
|
$1.07 M
|
$857,000.00
|
$699,000.00
|
$625,380.00
|
$701,025.00
|
| EBITDA |
$10.88 M |
$14.14 M |
$17.62 M |
$18.18 M |
$13.52 M |
$10.81 M |
$7.66 M |
$8.17 M |
$7.98 M |
$6.10 M |
| EBITDA Ratio |
0.27
|
0.35
|
0.33
|
0.3
|
0.31
|
0.45
|
0.37
|
0.43
|
0.39
|
0.41
|
| Operating Income Ratio |
1
|
0.31
|
0.3
|
0.28
|
0.28
|
0.42
|
0.34
|
0.39
|
0.37
|
0.38
|
| Total Other Income/Expenses Net |
-$31.58 M
|
-$11.23 M
|
-$11.52 M
|
-$11.41 M
|
-$7.30 M
|
-$8.38 M
|
-$6.36 M
|
-$5.26 M
|
-$5.78 M
|
-$5.97 M
|
| Income Before Tax |
$9.29 M
|
$12.52 M
|
$16.08 M
|
$16.68 M
|
$12.28 M
|
$9.75 M
|
$6.73 M
|
$7.27 M
|
$7.32 M
|
$5.39 M
|
| Income Before Tax Ratio |
0.23
|
0.27
|
0.3
|
0.28
|
0.28
|
0.26
|
0.23
|
0.3
|
0.29
|
0.25
|
| Income Tax Expense |
$683,000.00
|
$1.21 M
|
$2.49 M
|
$2.92 M
|
$1.62 M
|
$1.53 M
|
$2.88 M
|
$1.74 M
|
$1.41 M
|
$1.08 M
|
| Net Income |
$8.61 M
|
$11.31 M
|
$13.58 M
|
$13.76 M
|
$10.66 M
|
$8.22 M
|
$3.85 M
|
$5.52 M
|
$5.92 M
|
$4.31 M
|
| Net Income Ratio |
0.21
|
0.25
|
0.26
|
0.23
|
0.24
|
0.22
|
0.13
|
0.23
|
0.23
|
0.2
|
| EPS |
2.8 |
3.46 |
4.14 |
4.21 |
3.26 |
2.51 |
1.18 |
1.68 |
1.77 |
1.27 |
| EPS Diluted |
2.8 |
3.46 |
4.14 |
4.16 |
3.25 |
2.51 |
1.18 |
1.68 |
1.77 |
1.27 |
| Weighted Average Shares Out |
$3.07 M
|
$3.26 M
|
$3.28 M
|
$3.27 M
|
$3.27 M
|
$3.27 M
|
$3.27 M
|
$3.29 M
|
$3.34 M
|
$3.41 M
|
| Weighted Average Shares Out Diluted |
$3.07 M
|
$3.27 M
|
$3.28 M
|
$3.31 M
|
$3.28 M
|
$3.27 M
|
$3.27 M
|
$3.29 M
|
$3.34 M
|
$3.41 M
|
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