United Bancshares, Inc. (UBOH) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
United Bancshares, Inc. (UBOH) trades at $39.00 with AI Score 50/100 (Grade B). United Bancshares, Inc. Market cap: $107M, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: Jun 15, 2026Analyst Coverage for UBOH: UBOH does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates UBOH against Financial Services peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
UBOH: this read rests on a single discipline (MoonshotScore) — the other council disciplines have no scored data yet.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
United Bancshares, Inc. (UBOH) Financial Services Profile
United Bancshares, Inc. operates as a bank holding company for The Union Bank Company, providing comprehensive commercial and consumer banking, wealth management, and diverse lending solutions across northwest and central Ohio. Established in 1904, it maintains a regional presence with 18 banking centers, focusing on traditional financial products and personalized services for its community.
What Is the Investment Thesis for UBOH?
United Bancshares, Inc. (UBOH) presents as a regionally focused community bank holding company with an established operational history dating back to 1904. The company demonstrates a robust financial profile with a P/E ratio of 8.01 and a notable profit margin of 19.2%, alongside an impressive gross margin of 72.4%, indicating efficient operations relative to its revenue. Its current market capitalization stands at $0.11 billion, and it offers a dividend yield of 2.50%, potentially appealing to income-focused investors. The diversified service portfolio, spanning traditional deposits, a broad range of lending products including commercial, real estate, and agricultural loans, coupled with wealth management services, underpins its revenue stability. Key value drivers include its deep-rooted local presence across northwest and central Ohio, fostering strong customer relationships and market knowledge. Growth catalysts are anticipated from continued enhancements in digital banking services to expand reach and efficiency, and strategic growth in its wealth management and specialized lending segments. However, the company faces ongoing risks from sensitivity to interest rate fluctuations, which can impact net interest margin, and intense competition from larger financial institutions. Investors should evaluate UBOH's consistent regional performance and strategic initiatives against the backdrop of the evolving financial services landscape.
Based on FMP financials and quantitative analysis
UBOH Key Highlights
Market Capitalization of $107M, reflecting its scale as a regional bank holding company.
- Price-to-Earnings (P/E) ratio of 8.01, indicating its valuation relative to earnings.
- Profit Margin of 19.2%, demonstrating the company's profitability from its operations.
- Gross Margin of 72.4%, highlighting strong efficiency in its core banking services.
- Dividend Yield of 2.50%, providing income generation for shareholders.
Who Are UBOH's Competitors?
UBOH is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| HWBK Hawthorn Bancshares, Inc. | $39.44 | +0.19% | $272M | 92 |
| FRAF Franklin Financial Services Corporation | $62.10 | +0.40% | $279M | 92 |
| FUNC First United Corporation | $43.35 | -0.55% | $280M | 92 |
| ATLO Ames National Corporation | $31.73 | +1.44% | $281M | 92 |
| FDBC Fidelity D & D Bancorp, Inc. | $54.33 | +0.15% | $315M | 91 |
| NWFL Norwood Financial Corp. | $33.60 | -2.24% | $366M | 92 |
| FNLC The First Bancorp, Inc. | $34.53 | -3.01% | $389M | 91 |
| PKBK Parke Bancorp, Inc. | $34.15 | +0.83% | $404M | 92 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are UBOH's Key Strengths?
Long-standing operational history since 1904, fostering deep community trust and relationships.
- Diversified revenue streams from comprehensive commercial, consumer, and wealth management services.
- Strong gross margin of 72.4% indicating efficient core banking operations.
- Established physical presence with 18 full-service banking centers and 3 loan production offices in Ohio.
What Are UBOH's Weaknesses?
Relatively smaller scale ($107M market cap) compared to larger regional and national banks, potentially limiting competitive resources.
- Geographic concentration in northwest and central Ohio exposes it to regional economic fluctuations.
- Potential sensitivity to interest rate fluctuations, a common risk for smaller banks reliant on net interest margin.
- Limited public disclosure status as 'Unknown' on the OTC market, potentially impacting investor confidence and access to information.
What Could Drive UBOH Stock Higher?
UBOH catalyst: **Digital Banking Platform Enhancements:** Continuous investment in and rollout of improved online and mobile banking features can attract new customers, enhance user experience, and drive operational efficiencies, potentially expanding its market reach beyond physical branches.
- **Expansion of Wealth Management Client Base:** Successful initiatives to grow its wealth management and financial planning client base, either through cross-selling to existing banking customers or attracting new high-net-worth individuals, could significantly boost fee-based income.
- **Targeted Commercial and Agricultural Loan Growth:** Strategic expansion of its commercial and agricultural lending portfolios in key regional sectors of Ohio, leveraging local expertise and relationships, could increase interest income and overall asset growth.
- **Favorable Interest Rate Environment:** A sustained period of stable or moderately rising interest rates, managed effectively, could enhance United Bancshares, Inc.'s net interest margin and overall profitability.
- **Regional Economic Development:** Positive economic developments within northwest and central Ohio, such as new business investments or population growth, could stimulate demand for banking services, including loans and deposits.
What Are the Key Risks for UBOH?
Financial-distress signal — its Altman Z-Score of 0.30 sits in the distress zone (elevated bankruptcy risk).
- Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
- **Sensitivity to Interest Rate Fluctuations:** As a regional bank, United Bancshares, Inc.'s profitability is highly sensitive to changes in interest rates, which can impact its net interest margin and the value of its investment portfolio.
- **Intense Competition:** The company faces ongoing competition from larger national and super-regional banks, as well as emerging fintech companies, which possess greater resources and broader market reach.
- **Evolving Regulatory Compliance Costs:** The financial services industry is subject to continuous regulatory changes, and compliance can incur significant costs, potentially impacting the bank's operational efficiency and profitability.
- **Regional Economic Downturn:** A significant economic contraction in northwest and central Ohio could lead to increased loan defaults, reduced loan demand, and lower deposit growth, negatively impacting the company's financial performance.
- **Cybersecurity Threats:** The increasing reliance on digital banking platforms exposes the company to potential cybersecurity breaches, which could result in financial losses, reputational damage, and loss of customer trust.
What Are the Growth Opportunities for UBOH?
- Growth opportunity 1: **Expansion of Digital Banking Capabilities** - Enhancing and expanding online and mobile banking platforms presents a significant growth avenue for United Bancshares, Inc. As customer preferences shift towards digital channels for convenience and accessibility, investing in advanced digital features can attract new, tech-savvy customers beyond its immediate physical branch footprint. This includes improving user experience, integrating new services like AI-driven financial advice, and streamlining loan application processes. The broader digital banking market continues to expand, with increasing adoption rates across all demographics, offering a cost-effective way to extend reach and improve operational efficiency without the overhead of new physical branches. This is an ongoing opportunity with immediate and long-term benefits.
- Growth opportunity 2: **Targeted Wealth Management Services Growth** - United Bancshares, Inc. already offers wealth management and financial planning services. There is a substantial opportunity to deepen penetration within its existing customer base and attract new, higher-net-worth clients by expanding and specializing these offerings. This could involve introducing more sophisticated investment products, estate planning services, or dedicated advisory teams. The demand for personalized financial planning and wealth preservation is robust, particularly among aging populations and affluent individuals seeking tailored solutions. By leveraging its community trust, UBOH can cross-sell these services more effectively, enhancing fee income and client stickiness. This represents an ongoing strategic focus.
- Growth opportunity 3: **Strategic Commercial and Agricultural Lending Expansion** - Given its presence in Ohio, a state with significant agricultural and industrial activity, United Bancshares, Inc. can strategically expand its commercial and agricultural lending portfolios. This involves identifying underserved niches within its regional market, developing specialized loan products, and strengthening relationships with local businesses and farms. The agricultural sector, while cyclical, often requires specialized financial understanding, which a community bank can provide. Similarly, supporting local small and medium-sized enterprises (SMEs) through commercial and industrial loans, including SBA loans, can drive regional economic growth and concurrently expand the bank's interest-earning assets. This is an ongoing opportunity with a focus on regional economic trends.
- Growth opportunity 4: **Inorganic Growth through Local Acquisitions** - While not explicitly stated, a common growth strategy for regional banks is to pursue strategic acquisitions of smaller community banks or branches within their operating regions. This allows for rapid expansion of market share, customer base, and deposit volume without the lengthy process of organic branch establishment. Such acquisitions can also lead to cost synergies through operational consolidation and increased economies of scale. Identifying financially sound, complementary institutions in northwest and central Ohio could provide a pathway to accelerated growth and enhanced competitive positioning. The timeline for such opportunities is typically medium-term, dependent on market conditions and available targets.
- Growth opportunity 5: **Enhancing Treasury Management Solutions for Businesses** - United Bancshares, Inc. offers treasury management services, which can be a significant growth driver by attracting and retaining commercial clients. There is an opportunity to enhance and market these services more aggressively, providing businesses with advanced cash management, payment processing, and fraud prevention tools. As businesses increasingly seek efficient and secure financial operations, a comprehensive suite of treasury solutions can differentiate UBOH from competitors. By offering tailored services that address specific business needs, the bank can secure larger commercial deposits and generate additional fee income, strengthening its overall commercial banking segment. This is an ongoing opportunity with a focus on business client engagement.
What Are UBOH's Competitive Advantages?
- **Established Local Presence:** Operating since 1904, United Bancshares, Inc. has built deep community trust and strong relationships across northwest and central Ohio, providing a significant barrier to entry for new competitors.
- **Diversified Service Offerings:** A broad range of commercial and consumer banking, lending, and wealth management services allows for comprehensive client engagement and cross-selling opportunities, increasing customer stickiness.
- **Regional Market Expertise:** Extensive knowledge of the local economic landscape, including agricultural and industrial sectors, enables tailored product development and effective risk management specific to its operating areas.
- **Personalized Community Banking:** As a regional bank, it can offer more personalized service and local decision-making compared to larger national institutions, fostering loyalty among its customer base.
- **Regulatory Compliance & Trust:** Operating as a regulated bank holding company instills confidence and provides a stable, trusted platform for financial services, a critical factor in the banking industry.
What Does UBOH Do?
United Bancshares, Inc. functions as the holding company for The Union Bank Company, a long-standing financial institution established in 1904 and headquartered in Columbus Grove, Ohio. The company has evolved to offer a comprehensive suite of commercial and consumer banking services tailored to the needs of its regional clientele. Its core offerings include a diverse deposit portfolio, encompassing checking, savings, demand, money market, and term certificates, alongside individual retirement accounts and certificates of deposit, providing essential financial foundations for individuals and businesses. Beyond deposits, United Bancshares, Inc. provides a wide array of lending solutions. These include commercial and residential real estate loans, crucial for local development and homeownership, as well as specialized agricultural loans, catering to the significant farming sector in its operating region. The firm also extends commercial and industrial loans, home equity loans, consumer loans, and Small Business Administration (SBA) loans, supporting various economic activities and personal financial needs. In addition to traditional banking, the company delivers value-added services such as wealth management and financial planning, assisting clients with long-term financial goals. It facilitates access to mutual funds, securities trading, annuities, and life insurance, offering a holistic approach to financial well-being. Customers benefit from modern banking conveniences like treasury management, robust online and mobile banking platforms, ATM access, bill payment services, and safe deposit box rentals. With eighteen full-service banking centers and three loan production offices strategically located across northwest and central Ohio, United Bancshares, Inc. maintains a strong, accessible community presence, emphasizing personalized service and local market expertise.
What Products and Services Does UBOH Offer?
- Operates as a bank holding company for The Union Bank Company.
- Offers a comprehensive suite of commercial and consumer banking services.
- Manages a diverse deposit portfolio including checking, savings, money market, and certificates of deposit.
- Provides various lending solutions: commercial, residential real estate, agricultural, home equity, consumer, and SBA loans.
- Delivers wealth management, financial planning, mutual funds, securities trading, annuities, and life insurance.
- Offers treasury management, online and mobile banking, ATMs, and bill payment services.
- Maintains eighteen full-service banking centers and three loan production offices across northwest and central Ohio.
- Serves individuals, businesses, and agricultural clients within its regional footprint.
How Does UBOH Make Money?
- Generates net interest income primarily from its loan portfolio, funded by customer deposits.
- Earns non-interest income through fees from wealth management, financial planning, and other banking services.
- Provides a range of deposit products to attract and retain customer funds, which are then deployed into loans and investments.
- Offers diverse lending products to individuals, businesses, and agricultural clients, generating interest revenue.
- Leverages its regional branch network and digital platforms to deliver services and manage customer relationships.
What Industry Does UBOH Operate In?
United Bancshares, Inc. operates within the 'Banks - Regional' industry, a segment characterized by its focus on local communities and small-to-medium-sized businesses, often competing with larger national and super-regional banks. The regional banking landscape in the U.S. is influenced by several key trends, including ongoing consolidation, technological advancements driving digital banking adoption, and a dynamic interest rate environment that significantly impacts net interest margins. United Bancshares, Inc., with its 18 full-service banking centers and three loan production offices across northwest and central Ohio, is positioned as a community-centric institution. Its competitive advantage often stems from personalized customer service, deep local market knowledge, and long-standing relationships, differentiating it from larger, more impersonal competitors. The industry also faces increasing regulatory scrutiny and compliance costs, which can disproportionately affect smaller institutions. UBOH's established presence since 1904 suggests resilience and adaptability within this competitive and evolving sector.
Who Are UBOH's Key Customers?
- Individual consumers seeking checking, savings, loans, and wealth management services.
- Small and medium-sized businesses requiring commercial loans, treasury management, and deposit services.
- Agricultural enterprises in Ohio seeking specialized loans and financial support.
- Homeowners and real estate developers looking for residential and commercial real estate financing.
- Clients interested in financial planning, investment products, and insurance solutions.
Company Profile
United Bancshares, Inc. operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Columbus Grove, US. The company is led by CEO Brian D. Young. UBOH has traded publicly since 1996.
Key Financial Metrics
Return on equity for United Bancshares, Inc. stands at 10.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.8%, showing how much profit it generates from its asset base. UBOH trades at a trailing price-to-earnings ratio of 9.28, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 10.8%, the inverse of the P/E and a quick read on earnings relative to price.
UBOH Valuation & Market Position
With a $107M market cap, United Bancshares, Inc. sits in the micro-cap segment of the market. Relative to its peer group, UBOH's quantitative score of 50/100 is below the peer average of 92/100.
Quarterly Financial Performance: United Bancshares, Inc.
Revenue for United Bancshares, Inc. came in at $15.1M during Q2 2026, a 11.1% contraction versus the preceding quarter. The company recorded net income of $1.7M, with diluted EPS of $0.61. Revenue has contracted over three consecutive quarters, which investors in this micro-cap Financial Services stock should monitor closely. Across the four most recent quarters, UBOH averaged $1.00 in diluted EPS.
Financial Health
United Bancshares, Inc.'s Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 0.30 places it in the distress zone, a signal of elevated financial risk.
UBOH Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Long-standing operational history since 1904, fostering deep community trust and relationships.
- Diversified revenue streams from comprehensive commercial, consumer, and wealth management services.
- Strong gross margin of 72.4% indicating efficient core banking operations.
- Established physical presence with 18 full-service banking centers and 3 loan production offices in Ohio.
Bear Case
- Relatively smaller scale ($107M market cap) compared to larger regional and national banks, potentially limiting competitive resources.
- Geographic concentration in northwest and central Ohio exposes it to regional economic fluctuations.
- Potential sensitivity to interest rate fluctuations, a common risk for smaller banks reliant on net interest margin.
- Limited public disclosure status as 'Unknown' on the OTC market, potentially impacting investor confidence and access to information.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $15M | $2M | $0.61 |
| Q1 2026 | $17M | $4M | $1.32 |
| Q4 2025 | $17M | $3M | $1.04 |
| Q3 2025 | $17M | $3M | $1.01 |
Based on FMP financials and quantitative analysis
UBOH Latest News
No recent news available for UBOH.
UBOH Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for UBOH.
Price Targets
Wall Street price target analysis for UBOH.
UBOH MoonshotScore
What does this score mean?
The MoonshotScore rates UBOH 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Brian D. Young
CEO
Information regarding Brian D. Young's specific career history, educational background, and previous roles prior to his current position at United Bancshares, Inc. was not provided in the source data. As the leader of a regional financial institution, a CEO typically brings extensive experience in banking, finance, and strategic management, often with a deep understanding of the local economic landscape and regulatory environment. Such a role requires a strong grasp of both operational intricacies and long-term strategic vision for growth and stability within the financial services sector.
Track Record: Information detailing Brian D. Young's specific achievements, strategic decisions, or company milestones under his leadership at United Bancshares, Inc. was not provided in the source data. As CEO, his responsibilities would encompass overseeing the company's strategic direction, financial performance, risk management, and operational efficiency, while managing its 211 employees. Key aspects of his track record would likely involve navigating market challenges, driving growth initiatives, and ensuring regulatory compliance for the bank holding company.
UBOH OTC Market Information
United Bancshares, Inc. trades on the OTC market under the 'OTC Other' tier. This classification signifies that the company is not listed on major exchanges like the NYSE or NASDAQ and does not meet the requirements for higher OTC tiers such as OTCQX or OTCQB. Companies in the 'OTC Other' tier typically have limited public disclosure and may not regularly file financial reports with the SEC. This tier often includes smaller, less liquid companies, or those that choose not to meet the more stringent reporting standards of higher tiers or national exchanges. Investors should be aware that this classification implies a lower level of transparency and potentially higher investment risk compared to exchange-listed securities.
- OTC Tier: OTC Other
- **Limited Transparency:** The 'Unknown' disclosure status means less public financial and operational information is available, making comprehensive due diligence difficult.
- **Lower Liquidity:** Trading on the 'OTC Other' tier often results in lower trading volumes and wider bid-ask spreads, making it harder to buy or sell shares quickly without impacting the price.
- **Price Volatility:** Due to lower liquidity and less information, OTC stocks can be more susceptible to significant and rapid price fluctuations.
- **Limited Analyst Coverage:** OTC stocks, especially those in lower tiers, typically receive minimal to no coverage from institutional analysts, reducing independent research available to investors.
- **Difficulty in Valuation:** The lack of consistent, standardized financial reporting can make it challenging to accurately value the company and compare it to peers.
- Verify the company's current financial statements and regulatory filings, if any, directly from official sources.
- Research the company's management team and their track record, looking for any red flags or past issues.
- Assess the company's business model, competitive landscape, and market position within its regional banking sector.
- Investigate the trading volume and bid-ask spread to understand the stock's liquidity and potential trading costs.
- Examine any news, press releases, or investor relations materials published by the company for recent developments.
- Understand the specific risks associated with investing in OTC securities, particularly those with limited disclosure.
- Consult with a financial advisor experienced in OTC markets to understand the implications of the 'OTC Other' tier.
- **Established Operating History:** Founded in 1904, United Bancshares, Inc. has a long track record of operation, suggesting stability and resilience.
- **Regulated Industry:** As a bank holding company, it operates within a highly regulated financial services industry, subject to oversight by banking authorities.
- **Physical Presence:** The company maintains eighteen full-service banking centers and three loan production offices, indicating tangible assets and a physical footprint.
- **Identified Leadership:** The CEO, Brian D. Young, is identified, providing a clear point of accountability.
- **Diverse Service Offerings:** A comprehensive suite of traditional banking, lending, and wealth management services points to a legitimate and active business operation.
UBOH Financial Services Stock FAQ
What does the AI Score mean for UBOH?
UBOH holds an AI Score of 50/100 (Grade: B). This is an educational research signal, not a buy or sell recommendation. United Bancshares, Inc. serves as the holding company for The Union Bank Company, providing a full range of commercial and consumer banking services, including deposits, diverse lending solutions …
What does United Bancshares, Inc. do?
United Bancshares, Inc. functions as a bank holding company for The Union Bank Company, providing a comprehensive range of financial services primarily across northwest and central Ohio. Its core business involves traditional deposit-taking, offering various checking, savings, money market, and certificate of deposit accounts.
How sensitive is UBOH to interest rate changes?
As a regional bank, United Bancshares, Inc.'s profitability is inherently sensitive to fluctuations in interest rates. The primary impact is on its net interest margin (NIM), which is the difference between the interest income earned on assets (like loans) and the interest paid on liabilities (like deposits).
What is United Bancshares, Inc.'s credit quality and risk management approach?
United Bancshares, Inc.'s credit quality is a critical factor for its financial health, particularly given its diverse loan portfolio encompassing commercial, real estate, agricultural, and consumer segments. The company's risk management approach would typically involve rigorous underwriting standards, ongoing monitoring of its loan portfolio for potential deterioration, and maintaining adequate loan loss reserves.
What are the key financial metrics for United Bancshares, Inc.?
United Bancshares, Inc. exhibits several key financial metrics that provide insight into its operational performance and valuation. The company maintains a market capitalization of $107M, positioning it as a smaller regional player in the financial services sector. Its Price-to-Earnings (P/E) ratio stands at 8.01, which can be compared against industry averages to gauge its relative valuation.
What are the key factors to evaluate for UBOH?
United Bancshares, Inc. (UBOH) holds an AI score of 50/100 (moderate). (UBOH) presents as a regionally focused community bank holding company with an established operational history dating back to 1904. Not financial advice.
How frequently does UBOH data refresh on this page?
UBOH's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven UBOH's recent stock price performance?
United Bancshares, Inc. (UBOH) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Long-standing operational history since 1904, fostering deep community trust and relationships. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider UBOH overvalued or undervalued right now?
United Bancshares, Inc. (UBOH) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information regarding CEO background and track record, as well as specific competitor tickers, was not provided in the source data.
- Detailed analyst consensus or price targets were not provided in the source data.
- Specific market sizes and timelines for growth opportunities are inferred based on general industry trends and company operations.
- The 'Unknown' disclosure status for OTC trading implies limited public financial reporting, which impacts the depth of analysis possible.