United Security Bancshares (NASDAQ:UBFO) First Quarter 2024 Results
Key Financial Results
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Revenue: US$12.6m (down 15% from 1Q 2023).
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Net income: US$4.16m (down 32% from 1Q 2023).
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Profit margin: 33% (down from 41% in 1Q 2023). The decrease in margin was driven by lower revenue.
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EPS: US$0.24 (down from US$0.36 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
United Security Bancshares shares are up 4.6% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we’ve spotted with United Security Bancshares.
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