UBOH
Income statement / Annual
Last year (2024), United Bancshares, Inc.'s total revenue was $41.83 M,
a decrease of 20.83% from the previous year.
In 2024, United Bancshares, Inc.'s net income was $9.16 M.
See United Bancshares, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
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 |
| Operating Revenue |
$41.83 M |
$52.84 M |
$47.00 M |
$53.72 M |
$64.25 M |
$50.75 M |
$42.21 M |
$30.84 M |
$25.60 M |
$26.84 M |
| Cost of Revenue |
$0.00
|
$13.70 M
|
$2.26 M
|
$3.37 M
|
$13.19 M
|
$9.47 M
|
$6.61 M
|
$2.77 M
|
$1.48 M
|
$2.46 M
|
| Gross Profit |
$41.83 M
|
$39.13 M
|
$44.74 M
|
$50.35 M
|
$51.06 M
|
$41.28 M
|
$35.60 M
|
$28.07 M
|
$24.12 M
|
$24.39 M
|
| Gross Profit Ratio |
1
|
0.74
|
0.95
|
0.94
|
0.79
|
0.81
|
0.84
|
0.91
|
0.94
|
0.91
|
| 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 |
$19.85 M
|
$16.25 M
|
$18.75 M
|
$20.97 M
|
$22.36 M
|
$20.46 M
|
$17.71 M
|
$13.61 M
|
$11.04 M
|
$10.84 M
|
| Selling & Marketing Expenses |
$892.00 K
|
$973.00 K
|
$1.75 M
|
$2.28 M
|
$2.08 M
|
$1.80 M
|
$1.79 M
|
$1.06 M
|
$605.00 K
|
$484.00 K
|
| Selling, General & Administrative Expenses |
$20.74 M
|
$17.23 M
|
$20.50 M
|
$23.26 M
|
$24.44 M
|
$22.26 M
|
$19.50 M
|
$14.67 M
|
$11.64 M
|
$11.33 M
|
| Other Expenses |
$0.00
|
$12.62 M
|
$11.72 M
|
$11.02 M
|
$9.95 M
|
$6.74 M
|
$6.35 M
|
$6.68 M
|
$5.21 M
|
$5.74 M
|
| Operating Expenses |
$20.74 M
|
$29.85 M
|
$32.22 M
|
$34.27 M
|
$34.39 M
|
$29.00 M
|
$25.85 M
|
$21.35 M
|
$16.85 M
|
$17.06 M
|
| Cost And Expenses |
$20.74 M
|
$43.55 M
|
$34.48 M
|
$37.64 M
|
$47.57 M
|
$38.47 M
|
$32.46 M
|
$24.11 M
|
$18.33 M
|
$19.52 M
|
| Interest Income |
$0.00
|
$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
|
| Interest Expense |
$0.00
|
$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
|
| Depreciation & Amortization |
$0.00
|
$1.83 M
|
$1.61 M
|
$1.54 M
|
$1.50 M
|
$1.24 M
|
$1.05 M
|
$938.00 K
|
$909.00 K
|
$659.00 K
|
| EBITDA |
$9.92 M |
$11.12 M |
$14.14 M |
$17.62 M |
$18.18 M |
$13.52 M |
$10.80 M |
$7.66 M |
$8.17 M |
$7.98 M |
| EBITDA Ratio |
0.24
|
0.21
|
0.3
|
0.33
|
0.28
|
0.27
|
0.26
|
0.25
|
0.32
|
0.3
|
| Operating Income Ratio |
1
|
0.18
|
0.27
|
0.3
|
0.26
|
0.24
|
0.23
|
0.22
|
0.28
|
0.27
|
| Total Other Income/Expenses Net |
-$31.92 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$9.92 M
|
$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
|
| Income Before Tax Ratio |
0.24
|
0.18
|
0.27
|
0.3
|
0.26
|
0.24
|
0.23
|
0.22
|
0.28
|
0.27
|
| Income Tax Expense |
$762.00 K
|
$683.00 K
|
$1.21 M
|
$2.49 M
|
$2.92 M
|
$1.62 M
|
$1.53 M
|
$2.88 M
|
$1.74 M
|
$1.41 M
|
| Net Income |
$9.16 M
|
$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
|
| Net Income Ratio |
0.22
|
0.16
|
0.24
|
0.25
|
0.21
|
0.21
|
0.19
|
0.12
|
0.22
|
0.22
|
| EPS |
3.06 |
2.8 |
3.46 |
4.14 |
4.21 |
3.26 |
2.51 |
1.18 |
1.68 |
1.77 |
| EPS Diluted |
3.06 |
2.8 |
3.46 |
4.07 |
4.16 |
3.25 |
2.51 |
1.18 |
1.68 |
1.77 |
| Weighted Average Shares Out |
$2.99 M
|
$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
|
| Weighted Average Shares Out Diluted |
$2.99 M
|
$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
|
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