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United Bancshares (United Bancshares) Retained Earnings : $119.46 Mil (As of Mar. 2024)


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What is United Bancshares Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. United Bancshares's retained earnings for the quarter that ended in Mar. 2024 was $119.46 Mil.

United Bancshares's quarterly retained earnings increased from Sep. 2023 ($116.65 Mil) to Dec. 2023 ($118.30 Mil) and increased from Dec. 2023 ($118.30 Mil) to Mar. 2024 ($119.46 Mil).

United Bancshares's annual retained earnings increased from Dec. 2021 ($103.90 Mil) to Dec. 2022 ($112.47 Mil) and increased from Dec. 2022 ($112.47 Mil) to Dec. 2023 ($118.30 Mil).


United Bancshares Retained Earnings Historical Data

The historical data trend for United Bancshares's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

United Bancshares Retained Earnings Chart

United Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.63 92.72 103.90 112.47 118.30

United Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 113.65 115.36 116.65 118.30 119.46

United Bancshares Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


United Bancshares  (OTCPK:UBOH) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


United Bancshares (United Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
105 Progressive Drive, Columbus Grove, OH, USA, 45830
United Bancshares Inc is a bank holding company. The company provides commercial and retail banking services. It offers a range of commercial banking services, including checking accounts, savings and money market accounts, online banking, wealth management services and treasury management services. The company also provides commercial, consumer, agricultural, residential mortgage and home equity loans; certificates of deposit, safe deposit box rentals, and other personalized banking services.
Executives
H Edward Rigel director, other: Director of Subsidiary 9725 ROAD B, LEIPSIC OH 45856
Brian D Young officer: CFO 100 S. HIGH STREET, COLUMBUS GROVE OH 45830
Norman V Schnipke officer: Sr Compliance Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Heather Marie Oatman officer: Secretary 100 SOUTH HIGH STREET, COLUMBUS GROVE OH 45830
Stacey L Clemens officer: Chief Risk Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Brent D Nussbaum officer: Chief Information Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Teresa M Deitering officer: Chief Credit Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Klint D Manz officer: Chief Lending Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Travis E Vulich officer: SVP of Mortgage Division 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
John Patrick Miller officer: Chief Lending Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Curtis E Shepherd officer: EVP of Retail Banking
Stacy A Cox officer: CFO 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
David P Roach director 1211 HEDRICK, DELPHOS OH 45833
Daniel J Lucke officer: Interim CFO 100 S. HIGH STREET, COLUMBUS GROVE OH 45830
Herbert H Huffman director 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830