United Bancshares
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. United Bancshares's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 10% to $40,873,000. Profit margin reached 21%. Total operating expenses were $38,743,000.
Profit Margin
| 2014 | 21.33M | 4.31M | 20.2% |
|---|---|---|---|
| 2015 | 25.39M | 5.91M | 23.3% |
| 2016 | 24.29M | 5.52M | 22.72% |
| 2017 | 28.82M | 3.84M | 13.34% |
| 2018 | 37.63M | 8.22M | 21.84% |
| 2019 | 43.94M | 10.66M | 24.26% |
| 2020 | 60.04M | 13.75M | 22.91% |
| 2021 | 53.08M | 13.58M | 25.59% |
| 2022 | 45.63M | 11.31M | 24.78% |
| 2023 | 40.87M | 8.60M | 21.06% |
UBOH Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 40.87M | 45.63M | 53.08M | 60.04M | 43.94M | 37.63M | 28.82M | 24.29M | 25.39M | 21.33M |
Cost of revenue | 2.13M | 0 | 0 | 0 | 0 | 1.58M | 1.03M | 860K | 628.38K | 680.73K |
Gross profit | 38.74M | 45.63M | 53.08M | 60.04M | 43.94M | 36.05M | 27.79M | 23.43M | 24.76M | 20.65M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 973K | 1.75M | 2.28M | 2.07M | 1.80M | 1.78M | 1.06M | 605K | 483.88K | 404.55K |
Total operating expenses | 38.74M | -31.46M | -37.00M | -43.36M | -31.66M | -20.14M | -17.95M | -13.94M | -15.36M | -12.59M |
Operating income | 40.87M | 14.17M | 16.07M | 16.67M | 12.27M | 15.90M | 9.84M | 9.49M | 9.39M | 8.06M |
Other income (expenses), net | -31.58M | -1.64M | 0 | -11.40M | 1.98M | -6.15M | -6.36M | -2.23M | -5.78M | -5.97M |
Income before tax | 9.28M | 12.52M | 16.07M | 16.67M | 12.27M | 9.74M | 6.72M | 7.26M | 7.32M | 5.39M |
Income tax expense | 683K | 1.21M | 2.49M | 2.92M | 1.61M | 1.52M | 2.87M | 1.74M | 1.40M | 1.08M |
Net income | 8.60M | 11.31M | 13.58M | 13.75M | 10.66M | 8.22M | 3.84M | 5.52M | 5.91M | 4.31M |
Earnings per share | ||||||||||
Basic EPS | 2.8 | 3.46 | 4.14 | 4.21 | 3.26 | 2.51 | 1.18 | 1.68 | 1.77 | 1.27 |
Diluted EPS | 2.8 | 3.46 | 4.14 | 4.16 | 3.25 | 2.51 | 1.18 | 1.68 | 1.77 | 1.27 |
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