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UBFO / United Security Bancshares: A 6.6% Yield From California Community Bank

United Security Bancshares: A 6.6% Yield From California Community Bank
United Security Bancshares has maintained its quarterly dividend payouts despite the regional banking crisis and challenging operating conditions. The bank's net income surged in the first quarter, driven by a rise in interest and fees on loans, but total deposits decreased quarter-over-quarter. UBFO's stock performance in 2023 will depend on the improvement of the broader conversation around regional banks and the bank's ability to manage potential deposit flight. Read More
Posted: Jun 23 2023, 14:58
Author Name: Seeking Alpha
Views: 102560

UBFO News  

United Security Bancshares: A 6.6% Yield From California Community Bank

By Seeking Alpha
June 23, 2023

United Security Bancshares: A 6.6% Yield From California Community Bank

United Security Bancshares has maintained its quarterly dividend payouts despite the regional banking crisis and challenging operating conditions. The more_horizontal

United Security Bancshares Undervalued As Higher Profitability Goes Unnoticed

By Seeking Alpha
February 27, 2023

United Security Bancshares Undervalued As Higher Profitability Goes Unnoticed

UBFO trades at a discounted valuation of 6.4x 2023 P/E and 1.2x P/TBV. The discount is unwarranted, given UBFO generates industry-leading ROE, 19.8% R more_horizontal


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