United Security Bancshares (NASDAQ:UBFO) Announces Earnings Results

United Security Bancshares (NASDAQ:UBFO) posted its quarterly earnings results on Monday. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, Zacks reports. United Security Bancshares had a net margin of 25.78% and a return on equity of 13.96%.

United Security Bancshares Price Performance

Shares of UBFO opened at $9.98 on Tuesday. The company has a market capitalization of $172.85 million, a P/E ratio of 9.78 and a beta of 0.60. The business’s 50-day moving average is $9.92 and its two-hundred day moving average is $8.89. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.92 and a current ratio of 0.92. United Security Bancshares has a fifty-two week low of $7.02 and a fifty-two week high of $10.49.

United Security Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Thursday, January 2nd were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a $0.48 dividend on an annualized basis and a yield of 4.81%. United Security Bancshares’s dividend payout ratio is presently 47.06%.

Insider Transactions at United Security Bancshares

In related news, SVP Robert C. Oberg, Jr. sold 4,800 shares of the stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $9.81, for a total transaction of $47,088.00. Following the sale, the senior vice president now directly owns 18,228 shares of the company’s stock, valued at approximately $178,816.68. This represents a 20.84 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 20.10% of the company’s stock.

About United Security Bancshares

United Security Bancshares operates as the bank holding company for United Security Bank, a state-chartered bank that provides a range of commercial banking services to the business and professional community, and individuals in California. The company accepts various deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificates of deposit.