United Historical Income Statement

UBCP Stock

USD 13.36 0.40 2.91%

Historical analysis of United Bancorp income statement accounts such as Depreciation And Amortization of 1.1 M, Interest Expense of 5.5 M, Selling General Administrative of 6.9 M or Selling And Marketing Expenses of 336.3 K can show how well United Bancorp performed in making a profits. Evaluating United Bancorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of United Bancorp's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining United Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether United Bancorp is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in United Stock, please use our How to Invest in United Bancorp guide.

About United Income Statement Analysis

United Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to United Bancorp shareholders. The income statement also shows United investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

United Bancorp Income Statement Chart

At this time, United Bancorp's Tax Provision is relatively stable compared to the past year.

Interest Expense Selling And Marketing Expenses Total Revenue Gross Profit Income Before Tax

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts United Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of United Bancorp minus its cost of goods sold. It is profit before United Bancorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on United Bancorp income statement and is an important metric when analyzing United Bancorp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Most accounts from United Bancorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into United Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in United Stock, please use our How to Invest in United Bancorp guide.At this time, United Bancorp's Tax Provision is relatively stable compared to the past year.

	2022	2023	2024	2025 (projected)
Interest Expense	3.3M	11.0M	9.9M	5.5M
Depreciation And Amortization	1.2M	1.1M	1.3M	1.1M

Interest Expense Depreciation And Amortization

United Bancorp income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Cost Of Revenue	Net Income From Continuing Ops	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.26	0.84	0.51	0.83	0.58	0.86	0.49	0.34	0.45	0.0	0.59	-0.39	0.62	-0.27	-0.72	0.63	-0.56	0.61	0.59	0.67	0.29
Interest Expense	0.26		0.36	-0.12	0.44	0.61	0.09	0.59	0.38	0.36	0.76	0.44	-0.36	0.51	-0.57	-0.4	0.56	-0.7	0.66	0.77	0.48	0.52
Selling General Administrative	0.84	0.36		0.6	0.98	0.66	0.81	0.64	0.46	0.54	0.15	0.71	-0.37	0.7	-0.07	-0.81	0.79	-0.56	0.79	0.77	0.66	0.35
Selling And Marketing Expenses	0.51	-0.12	0.6		0.5	0.32	0.62	0.2	-0.13	-0.06	-0.08	0.26	-0.06	0.24	0.13	-0.41	0.2	-0.16	0.27	0.26	0.21	0.14
Total Revenue	0.83	0.44	0.98	0.5		0.71	0.82	0.68	0.55	0.62	0.19	0.78	-0.41	0.78	-0.11	-0.87	0.88	-0.65	0.87	0.85	0.77	0.37
Gross Profit	0.58	0.61	0.66	0.32	0.71		0.47	0.95	0.49	0.49	0.71	0.89	-0.59	0.91	-0.15	-0.8	0.74	-0.66	0.85	0.85	0.8	0.72
Other Operating Expenses	0.86	0.09	0.81	0.62	0.82	0.47		0.31	0.17	0.28	-0.2	0.54	-0.08	0.55	-0.14	-0.76	0.6	-0.51	0.57	0.54	0.64	0.13
Operating Income	0.49	0.59	0.64	0.2	0.68	0.95	0.31		0.66	0.64	0.71	0.91	-0.67	0.91	-0.05	-0.77	0.77	-0.6	0.86	0.84	0.77	0.67
Ebit	0.34	0.38	0.46	-0.13	0.55	0.49	0.17	0.66		0.99	0.26	0.71	-0.58	0.71	-0.05	-0.59	0.77	-0.44	0.68	0.59	0.68	0.15
Ebitda	0.45	0.36	0.54	-0.06	0.62	0.49	0.28	0.64	0.99		0.2	0.71	-0.57	0.71	-0.07	-0.64	0.8	-0.47	0.69	0.61	0.7	0.11
Total Operating Expenses	0.0	0.76	0.15	-0.08	0.19	0.71	-0.2	0.71	0.26	0.2		0.46	-0.52	0.49	-0.19	-0.25	0.34	-0.38	0.5	0.58	0.31	0.7
Income Before Tax	0.59	0.44	0.71	0.26	0.78	0.89	0.54	0.91	0.71	0.71	0.46		-0.5	0.99	0.02	-0.93	0.9	-0.61	0.91	0.85	0.92	0.54
Total Other Income Expense Net	-0.39	-0.36	-0.37	-0.06	-0.41	-0.59	-0.08	-0.67	-0.58	-0.57	-0.52	-0.5		-0.52	0.13	0.31	-0.43	0.3	-0.5	-0.47	-0.42	-0.44
Net Income	0.62	0.51	0.7	0.24	0.78	0.91	0.55	0.91	0.71	0.71	0.49	0.99	-0.52		-0.11	-0.93	0.91	-0.69	0.93	0.88	0.94	0.56
Income Tax Expense	-0.27	-0.57	-0.07	0.13	-0.11	-0.15	-0.14	-0.05	-0.05	-0.07	-0.19	0.02	0.13	-0.11		0.09	-0.16	0.66	-0.23	-0.3	-0.23	-0.14
Cost Of Revenue	-0.72	-0.4	-0.81	-0.41	-0.87	-0.8	-0.76	-0.77	-0.59	-0.64	-0.25	-0.93	0.31	-0.93	0.09		-0.9	0.7	-0.89	-0.84	-0.91	-0.34
Net Income From Continuing Ops	0.63	0.56	0.79	0.2	0.88	0.74	0.6	0.77	0.77	0.8	0.34	0.9	-0.43	0.91	-0.16	-0.9		-0.7	0.96	0.92	0.91	0.43
Tax Provision	-0.56	-0.7	-0.56	-0.16	-0.65	-0.66	-0.51	-0.6	-0.44	-0.47	-0.38	-0.61	0.3	-0.69	0.66	0.7	-0.7		-0.77	-0.81	-0.74	-0.41
Net Interest Income	0.61	0.66	0.79	0.27	0.87	0.85	0.57	0.86	0.68	0.69	0.5	0.91	-0.5	0.93	-0.23	-0.89	0.96	-0.77		0.98	0.9	0.58
Interest Income	0.59	0.77	0.77	0.26	0.85	0.85	0.54	0.84	0.59	0.61	0.58	0.85	-0.47	0.88	-0.3	-0.84	0.92	-0.81	0.98		0.85	0.62
Reconciled Depreciation	0.67	0.48	0.66	0.21	0.77	0.8	0.64	0.77	0.68	0.7	0.31	0.92	-0.42	0.94	-0.23	-0.91	0.91	-0.74	0.9	0.85		0.51
Extraordinary Items	0.29	0.52	0.35	0.14	0.37	0.72	0.13	0.67	0.15	0.11	0.7	0.54	-0.44	0.56	-0.14	-0.34	0.43	-0.41	0.58	0.62	0.51

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United Bancorp Account Relationship Matchups

United Bancorp income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Depreciation And Amortization	1.3M	1.3M	1.2M	1.1M	1.3M	1.1M
Interest Expense	4.7M	2.6M	3.3M	11.0M	9.9M	5.5M
Selling General Administrative	10.1M	10.5M	11.1M	11.3M	13.0M	6.9M
Selling And Marketing Expenses	339K	380K	346K	361K	415.2K	336.3K
Total Revenue	29.8M	27.8M	28.5M	29.9M	34.4M	18.5M
Gross Profit	29.8M	27.8M	28.5M	40.9M	47.0M	49.4M
Other Operating Expenses	21.2M	17.1M	15.7M	14.9M	17.1M	12.5M
Operating Income	8.6M	10.7M	12.8M	15.4M	17.8M	18.6M
Ebit	8.6M	10.7M	9.5M	9.5M	8.5M	8.4M
Ebitda	9.9M	12.0M	10.7M	10.6M	9.6M	9.2M
Total Operating Expenses	(21.2M)	(17.1M)	(15.7M)	14.9M	13.4M	14.1M
Income Before Tax	8.6M	10.7M	9.5M	9.5M	10.9M	11.5M
Total Other Income Expense Net	(4.0M)	(4.1M)	(4.9M)	(6.0M)	(6.8M)	(6.5M)
Net Income	8.0M	9.5M	8.7M	9.0M	10.3M	10.8M
Income Tax Expense	629K	1.2M	879K	541K	622.2K	902.5K
Net Income Applicable To Common Shares	6.8M	7.6M	8.9M	8.7M	10.0M	10.5M
Net Income From Continuing Ops	8.0M	9.5M	8.7M	8.9M	10.2M	5.7M
Tax Provision	629K	1.2M	879K	572K	514.8K	859.3K
Net Interest Income	22.8M	22.0M	24.2M	25.7M	29.5M	21.7M
Interest Income	27.5M	24.6M	27.5M	34.9M	40.1M	26.0M
Reconciled Depreciation	1.3M	1.3M	1.2M	1.1M	1.3M	1.3M

Pair Trading with United Bancorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if United Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in United Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving against United Stock

0.43	WF	Woori Financial Group	Pair Corr
0.42	KB	KB Financial Group	Pair Corr
0.4	NU	Nu Holdings Aggressive Push	Pair Corr
0.35	TFC-PO	Truist Financial Earnings Call Shortly	Pair Corr
0.32	TFC-PR	Truist Financial Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to United Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace United Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back United Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling United Bancorp to buy it.

The correlation of United Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as United Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if United Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for United Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for United Stock Analysis

When running United Bancorp's price analysis, check to measure United Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Bancorp is operating at the current time. Most of United Bancorp's value examination focuses on studying past and present price action to predict the probability of United Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Bancorp's price. Additionally, you may evaluate how the addition of United Bancorp to your portfolios can decrease your overall portfolio volatility.

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United Historical Income Statement

About United Income Statement Analysis

United Bancorp Income Statement Chart

Interest Expense

Total Revenue

Gross Profit

Income Before Tax

United Bancorp income statement Correlations

United Bancorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

United Bancorp income statement Accounts

Pair Trading with United Bancorp

Moving against United Stock

Additional Tools for United Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Ebitda	+ 0.99	Ebit
Net Income	+ 0.99	Income Before Tax
Total Revenue	+ 0.98	Selling General Administrative
Interest Income	+ 0.98	Net Interest Income
Net Interest Income	+ 0.96	Net Income From Continuing Ops
Operating Income	+ 0.95	Gross Profit

Cost Of Revenue	- 0.93	Net Income
Cost Of Revenue	- 0.93	Income Before Tax
Reconciled Depreciation	- 0.91	Cost Of Revenue
Net Income From Continuing Ops	- 0.9	Cost Of Revenue
Net Interest Income	- 0.89	Cost Of Revenue
Cost Of Revenue	- 0.87	Total Revenue