United Security Bancshares (NASDAQ:UBFO) Releases Quarterly Earnings Results

United Security Bancshares (NASDAQ:UBFO) issued its 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 Stock Performance

Shares of NASDAQ:UBFO traded down $0.06 on Monday, reaching $9.98. The company’s stock had a trading volume of 27,293 shares, compared to its average volume of 28,512. United Security Bancshares has a 52-week low of $7.02 and a 52-week high of $10.49. The stock has a market capitalization of $172.85 million, a P/E ratio of 9.78 and a beta of 0.60. The stock’s 50-day moving average is $9.91 and its two-hundred day moving average is $8.88. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.92 and a quick ratio of 0.92.

United Security Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Thursday, January 2nd were paid a $0.12 dividend. 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 Buying and Selling

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

United Security Bancshares Company Profile

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.