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United Bancshares, Inc. (UBOH)

USD37.13 +0.00 (+0.00%)
US OTC Financial Services Banks - Regional
Address 105 Progressive Drive 45830
Columbus Grove, OH, US
CEO Brian D. Young
IPO 1996-04-02
CIK 1087456 ISIN US9094581017

Explore sections of this company profile

Description

United Bancshares, Inc. serves as the holding company for The Union Bank Company, offering a comprehensive suite of commercial and consumer banking services. Its deposit portfolio includes checking, savings, demand, money market, and term certificates, alongside individual retirement accounts and certificates of deposit. The firm provides a diverse array of lending solutions, encompassing commercial and residential real estate, agricultural, commercial and industrial, home equity, consumer, and Small Business Administration (SBA) loans. Beyond traditional banking, it delivers wealth management, financial planning, mutual funds, securities trading, annuities, and life insurance. Customers also have access to treasury management, online and mobile banking, ATMs, bill payment, safe deposit box rentals, and other tailored payment and personalized services. The company maintains eighteen full-service banking centers and three loan production offices across northwest and central Ohio. Established in 1904, United Bancshares, Inc. is headquartered in Columbus Grove, Ohio.

Market Cap & Enterprise Value
Merger & Acquisition History
Target company Ticker Date Filing
UBHO UBHO 2000-11-27 View
Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD37.13 +0.00 (+0.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
964
Beta
-0.15
Float Shares
2.18M
Free Float %
73.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% +0.00% -0.64% -5.32% +10.73% -13.62% +35.18% +92.04% +16.86% +104.74% +430.86%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
37.13
DCF (Unlevered) 41.19 +10.9%
DCF (Levered) 52.83 +42.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.36
Distress
Piotroski F-Score
6 / 9
Average
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
3 / 5
Medium
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
  • Revenue growth
    +6.9% Q1'26: +6.4% (vs Q1'25)
  • EPS growth
    +32.0% Q1'26: +40.4% (vs Q1'25)
  • FCF margin
    Q1'26: +0.0% (vs Q1'25)
  • EBIT margin
    Q1'26: +24.7% (vs Q1'25)
  • ROIC
    Q1'26: +21.1% (vs Q1'25)
  • Share dilution
    -0.8% Q1'26: -6.2% (vs Q1'25)
  • Debt / EBITDA
    Q1'26: 0.97× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (-0.13) × ERP
WACC = 87% × Ke + 13% × Kd (111.5%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 41.19 Current price: 37.13
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-28 A- 4/5 4/5 4/5 3/5 3/5 3/5 3/5
2026-05-27 A- 4/5 4/5 4/5 3/5 3/5 3/5 3/5
2026-05-26 A- 4/5 4/5 4/5 3/5 3/5 3/5 3/5
2026-05-21 A- 4/5 4/5 4/5 3/5 3/5 3/5 3/5
2026-05-20 A- 4/5 4/5 4/5 3/5 3/5 3/5 3/5
2026-05-19 A- 4/5 4/5 4/5 3/5 3/5 3/5 3/5
2026-05-18 A- 4/5 4/5 4/5 3/5 3/5 3/5 3/5
2026-05-13 A- 4/5 4/5 4/5 4/5 3/5 3/5 3/5
2026-05-11 A- 4/5 4/5 4/5 4/5 3/5 3/5 3/5
2026-05-07 A- 4/5 4/5 4/5 4/5 3/5 3/5 3/5
2026-05-06 A- 4/5 4/5 4/5 4/5 3/5 3/5 3/5
2026-04-30 A 4/5 4/5 4/5 4/5 3/5 4/5 3/5
2026-04-29 A 4/5 4/5 4/5 4/5 3/5 4/5 3/5
2026-04-28 A 4/5 4/5 4/5 4/5 3/5 4/5 3/5
2026-04-21 A- 4/5 4/5 4/5 4/5 2/5 4/5 3/5
2026-04-20 A- 4/5 4/5 4/5 4/5 2/5 4/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
3.05M
OE per share TTM
1.02
Owner's Yield
2.95%
Maintenance CapEx ratio
15.94%
Maint CapEx / Avg PPE
27.4%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
1
Total invested
859.7K
Insider transactions (90d)
0
Beneficial owners (>5%)
6
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 United Bancshares, Inc. Restated Employee Stock Ownership Plan 413.4K 12.63% 23.2K 390.1K 413.4K EP United States of America 2022-02-08
2 Jeffrey L. Gendell 294.3K 8.99% 294.3K 294.3K IN United States 2022-02-11
3 Tontine Financial Partners, L.P. 294.3K 8.99% 294.3K 294.3K PN Delaware 2022-02-11
4 Tontine Management, L.L.C. 294.3K 8.99% 294.3K 294.3K OO Delaware 2022-02-11
5 L.L.C. 191.8K 5.57% 191.8K OO Delaware 2013-10-15
6 Joe S. Edwards, Jr. 185.1K 5.66% 185.1K IN United States 2018-02-01

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
1
-1 vs prev Q
New positions
0
Closed positions
1
Increased
0
Reduced
0
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 PINNACLE HOLDINGS, LLC 22.3K +— (+0.0%) 859.7K -132.7K (-13.4%) 0.80% +0.048 pp 0.28% -0.057 pp USD15.46 +145.8% 52 qtrs
2 -1.9K (-100.0%) -85.5K (-100.0%) 0.00% -0.066 pp 0.00% -0.048 pp USD 2 qtrs SOLD
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock Held by 4 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 U.S. Micro Cap Portfolio ETF DFMC 0.00% 207.8K 0.43%
2 Dimensional - US Targeted Value ETF DFAT 0.00% 46.5K 0.28%
3 Dimensional - US Small Cap ETF DFAS 0.00% 4.1K 0.26%
4 Dimensional - US Small Cap Value ETF DFSV 0.00% 0.30%

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Buys
3
Sells
0
Shares acquired
389.00
Shares disposed
Cash buys
Cash sales
Net activity
+389
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2022-11-09 Unverferth Steven R Director A-Award A Common Stock 195 19.25 3.8K 5,654
2022-11-09 ROACH DAVID P Director A-Award A Common Stock 97 19.25 1.9K 6,420
2022-11-09 BENROTH ROBERT L Director A-Award A Common Stock 97 19.25 1.9K 5,792
2022-09-07 RIGEL H EDWARD Director P-Purchase A Common Stock 1,000 19.83 19.8K 16,190
2022-08-29 YOUNG BRIAN D Officer P-Purchase A Common Stock 25 19.99 499.75 6,232
2022-08-16 YOUNG BRIAN D Officer A-Award A Stock Option (right to buy) 13,669 0.00 60,918
2022-08-16 Vulich Travis E Officer A-Award A Stock Option (right to buy) 3,597 23.10 83.1K 9,944
2022-08-16 Nussbaum Brent D Officer A-Award A Stock Option (right to buy) 3,453 0.00 8,644
2022-08-16 Manz Klint D Officer A-Award A Stock Option (right to buy) 3,507 0.00 5,585
2022-08-16 Deitering Teresa M Officer A-Award A Stock Option (right to buy) 3,507 0.00 17,790
2022-08-16 Clemens Stacey L Officer A-Award A Stock Option (right to buy) 3,453 0.00 3,453
2022-08-04 Unverferth Steven R Director A-Award A Common Stock 106 23.66 2.5K 5,407
2022-08-04 ROACH DAVID P Director A-Award A Common Stock 80 23.66 1.9K 6,323
2022-08-04 BENROTH ROBERT L Director A-Award A Common Stock 80 23.66 1.9K 5,695
2022-07-22 Schnipke Norman V Officer F-InKind D Common Stock 1,049 24.75 26.0K 16,887
2022-07-12 YOUNG BRIAN D Officer A-Award A Common Stock 656 25.61 16.8K 6,207
2022-07-12 Oatman Heather Marie Officer A-Award A Common Stock 42 25.61 1.1K 321
2022-07-12 Manz Klint D Officer A-Award A Common Stock 98 25.61 2.5K 328
2022-07-12 Deitering Teresa M Officer A-Award A Common Stock 139 25.61 3.6K 536
2022-05-05 Unverferth Steven R Director A-Award A Common Stock 110 33.95 3.7K 5,264
2022-05-05 ROACH DAVID P Director A-Award A Common Stock 55 33.95 1.9K 6,243
2022-05-05 BENROTH ROBERT L Director A-Award A Common Stock 55 33.95 1.9K 5,615
2022-04-06 YOUNG BRIAN D Director / Officer G-Gift D Common Stock 100 0.00 5,651
2022-02-09 Vulich Travis E Officer 0 0.00 0
2022-02-09 Schnipke Norman V Officer 0 0.00 0
2022-02-09 Oatman Heather Marie Officer 0 0.00 0
2022-02-09 Nussbaum Brent D Officer 0 0.00 0
2022-02-09 Manz Klint D Officer 0 0.00 0
2022-02-09 Deitering Teresa M Officer 0 0.00 0
2022-02-02 Unverferth Steven R Director A-Award A Common Stock 121 31.00 3.8K 5,122
2022-02-02 ROACH DAVID P Director A-Award A Common Stock 60 31.00 1.9K 6,188
2022-02-02 BENROTH ROBERT L Director A-Award A Common Stock 60 31.00 1.9K 5,560
2022-01-18 YOUNG BRIAN D Director / Officer A-Award A Common Stock 277 27.49 7.6K 5,751
2022-01-18 Vulich Travis E Officer A-Award A Common Stock 485 27.49 13.3K 2,587
2022-01-18 Manz Klint D Officer A-Award A Common Stock 60 27.49 1.6K 230
2022-01-18 Deitering Teresa M Officer A-Award A Common Stock 89 27.49 2.4K 392
2022-01-10 YOUNG BRIAN D Director / Officer M-Exempt A Common Stock 10,335 21.70 224.3K 13,658
2021-12-20 Schnipke Norman V Officer M-Exempt A Common Stock 2,411 23.30 56.2K 17,744
2021-12-03 Oatman Heather Marie Officer M-Exempt D Employee Stock Option (right to buy) 1,400 16.67 23.3K 0
2021-11-04 Unverferth Steven R Director A-Award A Common Stock 128 29.26 3.7K 4,970
2021-11-04 ROACH DAVID P Director A-Award A Common Stock 65 29.26 1.9K 6,128
2021-11-04 BENROTH ROBERT L Director A-Award A Common Stock 65 29.26 1.9K 5,500
2021-10-19 Clemens Stacey L Officer D Common Stock 0 0.00 0
2021-08-06 Unverferth Steven R Director A-Award A Common Stock 109 34.60 3.8K 4,758
2021-08-06 ROACH DAVID P Director A-Award A Common Stock 54 34.60 1.9K 6,063
2021-08-06 BENROTH ROBERT L Director A-Award A Common Stock 54 34.60 1.9K 5,435
2021-08-04 Schnipke Norman V Officer M-Exempt A Common Stock 1,673 22.97 38.4K 17,006
2021-07-30 YOUNG BRIAN D Director / Officer A-Award A Stock Option (right to buy) 8,093 34.60 280.0K 57,584
2021-07-30 Vulich Travis E Officer A-Award A Stock Option (right to buy) 1,117 34.60 38.6K 6,347
2021-07-30 Schnipke Norman V Officer A-Award A Stock Option (right to buy) 1,830 34.60 63.3K 10,932
2021-07-30 Oatman Heather Marie Officer A-Award A Stock Option (right to buy) 1,883 34.60 65.2K 13,626
2021-07-30 Nussbaum Brent D Officer A-Award A Stock Option (right to buy) 2,064 34.60 71.4K 5,191
2021-07-30 Manz Klint D Officer A-Award A Stock Option (right to buy) 2,078 34.60 71.9K 2,078
2021-07-30 Deitering Teresa M Officer A-Award A Stock Option (right to buy) 2,078 34.60 71.9K 14,283
2021-07-22 Nussbaum Brent D Officer M-Exempt A Common Stock 1,560 16.67 26.0K 1,560
2021-07-19 YOUNG BRIAN D Director / Officer A-Award A Common Stock 241 22.89 5.5K 3,323
2021-07-19 Vulich Travis E Officer A-Award A Common Stock 815 22.89 18.7K 2,075
2021-07-19 Manz Klint D Officer A-Award A Common Stock 101 22.89 2.3K 170
2021-07-19 Deitering Teresa M Officer A-Award A Common Stock 154 22.89 3.5K 298
2021-07-09 Deitering Teresa M Officer M-Exempt D Employee Stock Option (right to buy) 2,871 19.32 55.5K 0
2021-05-13 Unverferth Steven R Director A-Award A Common Stock 127 29.40 3.7K 4,649
2021-05-13 ROACH DAVID P Director A-Award A Common Stock 63 29.40 1.9K 6,009
2021-05-13 BENROTH ROBERT L Director A-Award A Common Stock 63 29.40 1.9K 5,381
2021-05-10 YOUNG BRIAN D Director / Officer G-Gift D Common Stock 145 0.00 3,182
2021-05-07 YOUNG BRIAN D Director / Officer M-Exempt A Common Stock 12,115 19.32 234.1K 15,442
2021-05-07 Oatman Heather Marie Officer M-Exempt A Common Stock 2,955 19.32 57.1K 3,234
2021-03-29 Schnipke Norman V Officer S-Sale D Common Stock 425 26.10 11.1K 15,333
2021-03-25 Schnipke Norman V Officer M-Exempt D Employee Stock Option (right to buy) 2,520 21.70 54.7K 0
2021-02-03 Unverferth Steven R Director A-Award A Common Stock 125 24.04 3.0K 4,522
2021-02-03 ROACH DAVID P Director A-Award A Common Stock 63 24.04 1.5K 5,946
2021-02-03 BENROTH ROBERT L Director A-Award A Common Stock 63 24.04 1.5K 5,318
2021-01-19 YOUNG BRIAN D Director / Officer A-Award A Common Stock 225 15.97 3.6K 3,327
2021-01-19 Vulich Travis E Officer A-Award A Common Stock 1,000 15.97 16.0K 1,246
2021-01-19 Manz Klint D Officer A-Award A Common Stock 69 15.97 1.1K 69
2021-01-19 Deitering Teresa M Officer A-Award A Common Stock 144 15.97 2.3K 144
2021-01-01 Manz Klint D Officer I Common Stock 0 0.00 222
2020-12-31 Unverferth Steven R Director J-Other A Common Stock 27 25.71 694.17 4,522
2020-11-16 Schnipke Norman V Officer D-Return D stock option (right to buy) 2,955 19.32 57.1K 0
2020-11-04 Unverferth Steven R Director A-Award A Common Stock 150 19.90 3.0K 4,327
2020-11-04 ROACH DAVID P Director A-Award A Common Stock 75 19.90 1.5K 5,883
2020-11-04 BENROTH ROBERT L Director A-Award A Common Stock 75 19.90 1.5K 5,255
2020-09-30 Unverferth Steven R Director J-Other A Common Stock 28 20.82 582.96 4,522
2020-08-05 Unverferth Steven R Director A-Award A Common Stock 173 17.40 3.0K 4,177
2020-08-05 ROACH DAVID P Director A-Award A Common Stock 86 17.40 1.5K 5,808
2020-08-05 BENROTH ROBERT L Director A-Award A Common Stock 86 17.40 1.5K 5,180
2020-07-22 YOUNG BRIAN D Director / Officer A-Award A Stock Option (right to buy) 18,305 16.67 305.1K 61,606
2020-07-22 Vulich Travis E Officer A-Award A Stock Option (right to buy) 5,230 16.67 87.2K 5,230
2020-07-22 Schnipke Norman V Officer A-Award A Stock Option (right to buy) 4,181 16.67 69.7K 14,577
2020-07-22 Oatman Heather Marie Officer A-Award A Stock Option (right to buy) 4,283 16.67 71.4K 14,698
2020-07-22 Nussbaum Brent D Officer A-Award A Stock Option (right to buy) 4,687 16.67 78.1K 4,687
2020-07-22 Miller John Patrick Officer A-Award A Stock Option (right to buy) 5,601 16.67 93.4K 19,341
2020-07-22 Deitering Teresa M Officer A-Award A Stock Option (right to buy) 4,613 16.67 76.9K 15,076
2020-07-22 Cox Stacy A Officer A-Award A Stock Option (right to buy) 7,897 16.67 131.6K 12,659
2020-06-30 Unverferth Steven R Director J-Other A Common Stock 15 18.95 284.25 4,522
2020-05-14 Cox Stacy A Officer A-Award A Common Stock 2,000 14.00 28.0K 2,000
2020-05-11 Unverferth Steven R Director A-Award A Common Stock 188 15.90 3.0K 4,004
2020-05-11 ROACH DAVID P Director A-Award A Common Stock 94 15.90 1.5K 5,722
2020-05-11 BENROTH ROBERT L Director A-Award A Common Stock 94 15.90 1.5K 5,094
2020-03-31 Schnipke Norman V Officer 0 0.00 0
2020-03-31 Oatman Heather Marie Officer 0 0.00 0
2020-03-31 Nussbaum Brent D Officer 0 0.00 0
2020-03-31 Cox Stacy A Officer 0 0.00 0
2019-12-31 YOUNG BRIAN D Director / Officer I Common Stock 0 0.00 1,045
2019-12-31 Vulich Travis E Officer D Common Stock 0 0.00 240
2019-12-31 Unverferth Steven R Director 0 0.00 0
2019-12-31 Schnipke Norman V Officer 0 0.00 0
2019-12-31 SHEPHERD CURTIS E Officer 0 0.00 0
2019-12-31 Oatman Heather Marie Officer D Common Stock 0 0.00 279
2019-12-31 Nussbaum Brent D Officer 0 0.00 0
2019-12-31 Miller John Patrick Officer D Common Stock 0 0.00 1,815
2019-12-31 Deitering Teresa M Officer 0 0.00 0
2019-12-31 Cox Stacy A Officer 0 0.00 0
2019-12-12 Vulich Travis E Officer I Common Stock 0 0.00 1,100
2019-12-12 Nussbaum Brent D Officer I Common Stock 0 0.00 1,970
2019-08-24 Schnipke Norman V Officer D Stock Option (right to buy) 2,411 23.30 56.2K 0
2019-08-24 SHEPHERD CURTIS E Officer D Stock Option (right to buy) 4,828 23.30 112.5K 0
2019-08-24 Miller John Patrick Officer D Stock Option (right to buy) 3,183 23.30 74.2K 0
2019-08-24 Deitering Teresa M Officer D Stock Option (right to buy) 2,440 23.30 56.9K 0
2019-06-18 YOUNG BRIAN D Director / Officer A-Award A Stock Option (right to buy) 10,940 22.97 251.3K 43,301
2019-06-18 Schnipke Norman V Officer A-Award A Stock Option (right to buy) 2,510 22.97 57.7K 10,396
2019-06-18 SHEPHERD CURTIS E Officer A-Award A Stock Option (right to buy) 5,148 22.97 118.2K 20,733
2019-06-18 Oatman Heather Marie Officer A-Award A Stock Option (right to buy) 2,529 22.97 58.1K 10,415
2019-06-18 Miller John Patrick Officer A-Award A Stock Options (right to buy) 3,330 22.97 76.5K 13,740
2019-06-18 Deitering Teresa M Officer A-Award A Stock Option (right to buy) 2,703 22.97 62.1K 0
2019-06-18 Cox Stacy A Officer A-Award A Stock Option (right to buy) 4,762 22.97 109.4K 4,762
2019-04-24 Schnipke Norman V Officer I Common Stock 0 0.00 14,704
2019-04-24 SHEPHERD CURTIS E Officer I Common Stock 0 0.00 14,904
2019-04-24 Miller John Patrick Officer D Common Stock 0 0.00 328
2019-04-24 Deitering Teresa M Officer I Common Stock 0 0.00 3,672
2019-02-19 Cox Stacy A Officer 0 0.00 0
2019-02-17 ROACH DAVID P Director P-Purchase A Common Stock 131 22.42 2.9K 5,628
2018-12-31 YOUNG BRIAN D Director / Officer I Common Stock 0 0.00 1,045
2018-12-31 Unverferth Steven R Director 0 0.00 0
2018-12-31 Oatman Heather Marie Officer D Common Stock 0 0.00 279
2018-12-31 Lucke Daniel J Officer I Common Stock 0 0.00 712
2018-08-24 YOUNG BRIAN D Director / Officer A-Award A Stock Option (right to buy) 9,911 23.30 230.9K 32,361
2018-08-24 Oatman Heather Marie Officer A-Award A Stock Option(right to buy) 2,411 23.30 56.2K 7,886
2018-08-24 Lucke Daniel J Officer A-Award A Stock Option (right to buy) 2,335 23.30 54.4K 7,433
2018-08-01 YOUNG BRIAN D Director / Officer P-Purchase A Common Stock 502 22.44 11.3K 25,181
2018-08-01 Oatman Heather Marie Officer P-Purchase A Common Stock 90 22.69 2.0K 13,031
2018-08-01 Lucke Daniel J Officer P-Purchase A Common Stock 163 22.46 3.7K 2,058
2018-07-26 Schnipke Norman V Officer D Stock Option (right to buy) 2,520 21.70 54.7K 0
2018-07-26 SHEPHERD CURTIS E Officer D Stock Option (right to buy) 4,952 21.70 107.5K 0
2018-07-26 Miller John Patrick Officer D Stock Option (right to buy) 3,327 21.70 72.2K 0
2018-07-26 Deitering Teresa M Officer D Stock Option (right to buy) 2,449 21.70 53.1K 0
2018-05-03 YOUNG BRIAN D Director / Officer P-Purchase A Common Stock 1,047 21.79 22.8K 24,679
2018-05-03 Oatman Heather Marie Officer P-Purchase A Common Stock 364 21.79 7.9K 12,941
2018-05-03 Lucke Daniel J Officer P-Purchase A Common Stock 468 21.73 10.2K 1,895
2018-04-25 Huffman Herbert H Director D Common Stock 0 0.00 34,433
2018-01-23 YOUNG BRIAN D Director / Officer P-Purchase A Common Stock 260 22.33 5.8K 23,632
2018-01-23 Oatman Heather Marie Officer P-Purchase A Common Stock 52 22.38 1.2K 12,577
2018-01-23 Lucke Daniel J Officer P-Purchase A Common Stock 79 22.38 1.8K 1,427
2017-12-31 Unverferth Steven R Director 0 0.00 0
2017-12-31 REYNOLDS JAMES N Director D Common Stock 0 0.00 22,970
2017-11-15 Schnipke Norman V Officer D Stock Option (right to buy) 2,955 19.32 57.1K 0
2017-11-15 SHEPHERD CURTIS E Officer D Stock Option (right to buy) 5,805 19.32 112.2K 0
2017-11-15 Miller John Patrick Officer D Stock Option (right to buy) 3,900 19.32 75.3K 0
2017-11-15 Deitering Teresa M Officer D Stock Option (right to buy) 2,871 19.32 55.5K 0
2017-10-27 YOUNG BRIAN D Director / Officer P-Purchase A Common Stock 352 23.28 8.2K 23,372
2017-10-27 Oatman Heather Marie Officer P-Purchase A Common Stock 116 23.42 2.7K 12,525
2017-10-27 Lucke Daniel J Officer P-Purchase A Common Stock 182 23.06 4.2K 1,348
2017-07-27 YOUNG BRIAN D Director / Officer P-Purchase A Common Stock 466 21.57 10.1K 23,020
2017-07-27 Oatman Heather Marie Officer P-Purchase A Common Stock 127 21.49 2.7K 12,409
2017-07-27 Lucke Daniel J Officer P-Purchase A Common Stock 187 21.52 4.0K 1,166
2017-07-26 YOUNG BRIAN D Director / Officer A-Award A Stock Option (right to buy) 10,335 21.70 224.3K 22,450
2017-07-26 Oatman Heather Marie Officer A-Award A Stock Option (right to buy) 2,520 21.70 54.7K 5,475
2017-07-26 Lucke Daniel J Officer A-Award A Stock Option (right to buy) 2,347 21.70 50.9K 5,098
2017-04-19 YOUNG BRIAN D Officer P-Purchase A Common Stock 662 20.32 13.5K 22,554
2017-04-19 Oatman Heather Marie Officer P-Purchase A Common Stock 319 19.67 6.3K 12,282
2017-04-19 Lucke Daniel J Officer P-Purchase A Common Stock 287 19.79 5.7K 979
2017-01-30 YOUNG BRIAN D Director / Officer P-Purchase A Common Stock 121 21.49 2.6K 21,892
2017-01-30 Oatman Heather Marie Officer P-Purchase A Common Stock 53 20.19 1.1K 11,963
2017-01-30 Lucke Daniel J Officer P-Purchase A Common Stock 60 20.24 1.2K 692
2016-12-31 Unverferth Steven R Director 0 0.00 0
2016-12-31 REYNOLDS JAMES N Director I Common Stock 0 0.00 37,790
2016-11-15 YOUNG BRIAN D Director / Officer A-Award A Stock Option (right to buy) 12,115 19.32 234.1K 12,115
2016-11-15 Oatman Heather Marie Officer A-Award A Stock Option (right to buy) 2,955 19.32 57.1K 2,955
2016-11-15 Lucke Daniel J Officer A-Award A Stock Option (right to buy) 2,751 19.32 53.1K 2,751
2016-10-24 YOUNG BRIAN D Director / Officer P-Purchase A Common Stock 404 19.60 7.9K 21,771
2016-10-24 Oatman Heather Marie Officer P-Purchase A Common Stock 93 20.11 1.9K 11,910
2016-10-24 Lucke Daniel J Officer P-Purchase A Common Stock 111 20.03 2.2K 648
2016-07-22 YOUNG BRIAN D Director / Officer P-Purchase A Common Stock 511 18.75 9.6K 21,367
2016-07-22 Oatman Heather Marie Officer P-Purchase A Common Stock 95 18.52 1.8K 11,817
2016-07-22 Lucke Daniel J Officer P-Purchase A Common Stock 100 18.45 1.8K 537
2016-04-22 YOUNG BRIAN D Director / Officer P-Purchase A Common Stock 1,178 14.59 17.2K 20,856
2016-04-22 Oatman Heather Marie Officer P-Purchase A Common Stock 420 13.66 5.7K 11,722
2016-04-01 Lucke Daniel J Officer I Common Stock 0 0.00 712
2016-03-31 Eramo Anthony M V Officer 0 0.00 0
2016-02-04 YOUNG BRIAN D Director / Officer P-Purchase A Common Stock 130 16.00 2.1K 19,678
2016-02-04 Oatman Heather Marie Officer P-Purchase A Common Stock 94 16.49 1.6K 11,302
2016-02-04 Eramo Anthony M V Officer P-Purchase A Common Stock 214 16.63 3.6K 386
2015-12-31 Unverferth Steven R Director 0 0.00 0
2015-12-31 REYNOLDS JAMES N Director I Common Stock 0 0.00 37,790
2015-11-12 YOUNG BRIAN D Director / Officer P-Purchase A Common Stock 320 16.31 5.2K 19,548
2015-11-12 Oatman Heather Marie Officer P-Purchase A Common Stock 87 15.92 1.4K 11,208
2015-11-12 Eramo Anthony M V Officer P-Purchase A Common Stock 172 16.72 2.9K 172
2015-09-05 Eramo Anthony M V Officer D Common Stock 0 0.00 2,000
2015-09-04 Engelhardt Diana L Officer 0 0.00 0
2015-08-19 Engelhardt Diana L Officer P-Purchase A Common Stock 177 15.47 2.7K 4,370
2015-08-17 YOUNG BRIAN D Director / Officer P-Purchase A Common Stock 311 15.52 4.8K 19,228

Executive team

Top executives
EBIT / Employee
64.1K
Shares Outstanding
2.95M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2021 Brian D. Young, President, Chief Executive Officer and Interim Chief Financial Officer of United Bancshares 371.1K 95.0K 90.6K 68.0K 624.7K 14.50%
2 2021 Klint D. Manz Chief Lending Officer of The Union Bank Company 157.9K 40.2K 23.3K 18.0K 239.3K 9.72%
3 2021 Heather M. Oatman, Secretary of United Bancshares 144.0K 40.2K 21.1K 20.8K 226.0K 9.32%
4 2020 Brian D. Young, President, Chief Executive Officer and Interim Chief Financial Officer of United Bancshares 355.2K 60.0K 87.5K 65.0K 567.7K 15.41%
5 2020 Brian D. Young, President and Chief Executive Officer of United Bancshares 355.2K 60.0K 87.5K 64.8K 567.5K 15.42%
6 2020 Stacy A. Cox Chief Financial Officer of United Bancshares 195.6K 28.2K 37.8K 20.1K 281.7K 13.40%
7 2020 Heather M. Oatman, Secretary of United Bancshares 138.2K 20.7K 20.5K 18.3K 197.6K 10.36%
8 2020 Klint D. Manz Chief Lending Officer of The Union Bank Company 98.1K 5.2K 9.5K 112.7K 0.00%
9 2019 Brian D. Young, President, Chief Executive Officer and Interim Chief Financial Officer of United Bancshares 345.0K 52.0K 85.0K 62.1K 544.1K 15.62%
10 2019 Brian D. Young, President and Chief Executive Officer of United Bancshares 345.0K 52.0K 85.0K 61.9K 543.9K 15.63%
11 2019 Curtis E. Shepherd, EVP, Retail Banking of The Union Bank Company 202.5K 30.1K 40.0K 20.9K 293.5K 13.63%
12 2019 Stacy A. Cox Chief Financial Officer, United Bancshares and EVP Chief Financial Officer of The Union Bank Company 161.3K 10.1K 37.0K 13.8K 222.2K 16.65%
13 2019 Stacy A. Cox Chief Financial Officer of United Bancshares 161.3K 10.1K 37.0K 13.8K 222.2K 16.65%
14 2019 Heather M. Oatman, Secretary of United Bancshares 133.8K 20.1K 19.7K 17.6K 191.1K 10.28%
15 2019 Klint D. Manz Chief Lending Officer of The Union Bank Company 6.9K 5.0K 11.9K 0.00%
16 2018 Brian D. Young, President and Chief Executive Officer of United Bancshares 326.0K 46.8K 78.0K 59.1K 509.9K 15.30%
17 2018 Curtis E. Shepherd, EVP, Retail Banking of The Union Bank Company 195.0K 28.6K 38.0K 20.1K 281.7K 13.49%
18 2018 Heather M. Oatman, Secretary of United Bancshares 128.8K 19.1K 19.0K 16.6K 183.5K 10.34%
19 2018 Daniel J. Lucke Chief Financial Officer of United Bancshares 123.8K 18.5K 6.1K 12.8K 161.2K 3.80%
20 2017 Brian D. Young, President and Chief Executive Officer of United Bancshares 307.9K 41.0K 76.0K 56.5K 481.4K 15.78%
21 2017 Curtis E. Shepherd, EVP, Retail Banking of The Union Bank Company 186.0K 24.6K 36.4K 19.0K 266.0K 13.69%
22 2017 Heather M. Oatman, Secretary of United Bancshares 125.0K 16.8K 6.2K 15.9K 163.9K 3.77%
23 2017 Daniel J. Lucke Chief Financial Officer of United Bancshares 118.8K 15.6K 5.8K 12.1K 152.2K 3.78%
24 2016 Brian D. Young, President and Chief Executive Officer of United Bancshares 299.4K 45.0K 25.3K 54.1K 423.8K 5.97%
25 2016 Heather M. Oatman, Secretary of United Bancshares 121.8K 18.1K 6.2K 15.5K 161.5K 3.82%
26 2016 Daniel J. Lucke Chief Financial Officer of United Bancshares 110.1K 4.0K 5.8K 10.3K 130.1K 4.42%
27 2016 Anthony M.V. Eramo Former Chief Financial Officer of United Bancshares 52.7K 13.0K 71.6K 0.00%
28 2015 Brian D. Young, President and Chief Executive Officer of United Bancshares 299.4K 45.0K 25.3K 30.2K 374.6K 6.76%
29 2015 Diana L. Engelhardt Former Chief Financial Officer of United Bancshares 120.5K 14.5K 12.1K 216.0K 0.00%
30 2015 Heather M. Oatman, Secretary of United Bancshares 15.2K 148.2K 0.00%
31 2015 Anthony M.V. Eramo Former Chief Financial Officer of United Bancshares 92.9K 100.00 23.4K 131.2K 0.00%
32 2015 Anthony M.V. Eramo Chief Financial Officer of United Bancshares 92.9K 100.00 131.2K 0.00%
33 2015 Daniel J. Lucke Chief Financial Officer of United Bancshares 118.8K 15.6K 5.8K 23.9K 72.8K 7.90%
34 2014 Brian D. Young, President and Chief Financial Officer of United Bancshares 280.1K 28.5K 42.5K 351.1K 0.00%
35 2014 Brian D. Young, President and Chief Executive Officer of United Bancshares 280.1K 28.5K 43.0K 351.1K 0.00%
36 2014 Diana L. Engelhardt Chief Financial Officer 166.8K 14.6K 197.8K 0.00%
37 2014 Diana L. Engelhardt Former Chief Financial Officer of United Bancshares 166.8K 14.6K 197.8K 0.00%
38 2014 Heather M. Oatman, Secretary of United Bancshares 116.5K 11.6K 39.9K 141.3K 0.00%
39 2013 Brian D. Young, President and Chief Financial Officer of United Bancshares 261.5K 21.0K 17.0K 322.4K 0.00%
40 2013 Brian D. Young, President and Chief Executive Officer of United Bancshares 261.5K 21.0K 40.4K 322.4K 0.00%
41 2013 Diana L. Engelhardt Former Chief Financial Officer of United Bancshares 160.6K 11.0K 11.5K 187.0K 0.00%
42 2013 Diana L. Engelhardt Chief Financial Officer 160.6K 11.0K 19.6K 187.0K 0.00%
43 2013 Heather M. Oatman, Secretary of United Bancshares 112.2K 10.0K 1.5K 134.7K 0.00%
44 2012 Brian D. Young, President and Chief Financial Officer of United Bancshares 217.8K 38.0K 252.5K 0.00%
45 2012 Daniel W. Schutt, Past President and Chief Executive Officer of United Bancshares 171.6K 203.6K 0.00%
46 2012 Diana L. Engelhardt Chief Financial Officer 135.0K 35.0K 183.6K 0.00%
47 2012 Heather M. Oatman, Secretary of United Bancshares 107.5K 16.8K 118.5K 0.00%
48 2011 Daniel W. Schutt, Past President and Chief Executive Officer of United Bancshares 302.4K 16.9K 324.8K 0.00%
49 2011 Daniel W. Schutt, President and Chief Executive Officer of United Bancshares 302.4K 22.3K 324.8K 0.00%
50 2011 Brian D. Young, President and Chief Financial Officer of United Bancshares 195.0K 21.7K 214.7K 0.00%
51 2011 Brian D. Young, Chief Financial Officer, EVP and Treasurer of United Bancshares 195.0K 2.1K 214.7K 0.00%
52 2011 Heather M. Oatman, Secretary of United Bancshares 105.5K 14.8K 116.2K 0.00%
53 2010 Daniel W. Schutt, President and Chief Executive Officer of United Bancshares 299.4K 321.5K 0.00%
54 2010 Daniel W. Schutt, Past President and Chief Executive Officer of United Bancshares 299.4K 321.5K 0.00%
55 2010 Brian D. Young, Chief Financial Officer, EVP and Treasurer of United Bancshares 185.0K 23.9K 203.5K 0.00%
56 2010 Brian D. Young, President and Chief Financial Officer of United Bancshares 185.0K 19.4K 203.5K 0.00%
57 2010 Heather M. Oatman, Secretary of United Bancshares 100.4K 1.1K 110.6K 0.00%
58 2009 Daniel W. Schutt, President and Chief Executive Officer of United Bancshares 288.9K 26.0K 104.0K 419.0K 0.00%
59 2009 Brian D. Young, Chief Financial Officer, EVP and Treasurer of United Bancshares 168.5K 21.0K 1.7K 208.3K 0.00%
60 2009 Heather M. Oatman, Secretary of United Bancshares 92.0K 7.5K 17.6K 109.5K 0.00%
61 2008 Daniel W. Schutt, President and Chief Executive Officer of United Bancshares 275.2K 25.0K 139.7K 438.6K 0.00%
62 2008 Brian D. Young, Chief Financial Officer, EVP and Treasurer of United Bancshares 155.0K 20.0K 1.5K 192.3K 0.00%
63 2007 Daniel W. Schutt, President and Chief Executive Officer of United Bancshares 263.2K 25.0K 136.6K 425.4K 0.00%
64 2007 Brian D. Young, Chief Financial Officer, EVP and Treasurer of United Bancshares 144.0K 18.0K 1.3K 177.9K 0.00%
65 2006 Daniel W. Schutt, President and Chief Executive Officer of United Bancshares 251.8K 10.0K 66.7K 327.9K 0.00%
66 2006 Brian D. Young, Chief Financial Officer of United Bancshares 136.5K 6.0K 13.8K 156.4K 0.00%
67 2006 Brian D. Young, Chief Financial Officer, EVP and Treasurer of United Bancshares 136.5K 6.0K 1.1K 156.3K 0.00%
68 2005 Brian D. Young Chief Financial Officer of United Bancshares 146.5K 699.6K 846.1K 0.00%
69 2005 Daniel W. Schutt President and Chief Executive Officer of United Bancshares 25.0K 25.0K 0.00%
70 2004 Daniel W. Schutt President and Chief Executive Officer of United Bancshares 231.1K 18.8K 249.9K 0.00%
71 2004 E. Eugene Lehman –Chief Executive Officer and President of United Bancshares 146.5K 146.5K 0.00%
72 2004 Brian D. Young Chief Financial Officer and Interim President and CEO of United Bancshares 51.3K 51.3K 0.00%
73 2003 E. Eugene Lehman –Chief Executive Officer and President of United Bancshares 141.2K 699.6K 840.8K 0.00%
74 2003 Brian D. Young Chief Financial Officer of United Bancshares 141.2K 51.3K 192.5K 0.00%
75 2003 Brian D. Young Chief Financial Officer and Interim President and CEO of United Bancshares 115.0K 115.0K 0.00%
76 2002 E. Eugene Lehman Chief Executive Officer and President of United Bancshares 115.6K 40.7K 156.3K 0.00%
77 2002 E. Eugene Lehman –Chief Executive Officer and President of United Bancshares 115.6K 115.6K 0.00%
78 2002 Brian D. Young Chief Financial Officer of United Bancshares 76.8K 76.8K 0.00%
79 2002 Brian D. Young Chief Financial Officer and Interim President and CEO of United Bancshares 40.7K 40.7K 0.00%
80 2001 E. Eugene Lehman Chief Executive Officer and President of United Bancshares 115.6K 28.1K 143.7K 0.00%
81 2001 Daniel W. Schutt – President, Chief Operations Officer & Chief Loan Officer of The Union Bank 107.1K 26.3K 133.3K 0.00%
82 2001 E. Eugene Lehman –Chief Executive Officer and President of United Bancshares 115.6K 115.6K 0.00%
83 2001 Brian D. Young Chief Financial Officer of United Bancshares 10.8K 28.1K 38.9K 0.00%
84 2000 E. Eugene Lehman - Chief Executive Officer and President of United Bancshares 115.6K 30.4K 146.0K 0.00%
85 2000 E. Eugene Lehman Chief Executive Officer and President of United Bancshares 115.6K 30.4K 146.0K 0.00%
86 2000 E. Eugene Lehman –Chief Executive Officer and President of United Bancshares 115.6K 30.4K 146.0K 0.00%
87 2000 Daniel W. Schutt - President, Chief Operations Officer & Chief Loan Officer of The Union Bank 103.6K 28.6K 132.2K 0.00%
88 2000 Daniel W. Schutt – President, Chief Operations Officer & Chief Loan Officer of The Union Bank 103.6K 20.4K 124.1K 0.00%
89 2000 Larry D. Place - President of The Bank of Leipsic 96.6K 8.3K 104.9K 0.00%
90 1999 E. Eugene Lehman - Chief Executive Officer and President of United Bancshares 108.5K 15.0K 32.5K 155.9K 0.00%
91 1999 E. Eugene Lehman –Chief Executive Officer and President of United Bancshares 108.5K 32.5K 140.9K 0.00%
92 1999 Daniel W. Schutt - President, Chief Operations Officer & Chief Loan Officer of The Union Bank 97.7K 5.5K 27.2K 130.3K 0.00%
93 1999 Daniel W. Schutt – President, Chief Operations Officer & Chief Loan Officer of The Union Bank 15.0K 26.8K 41.8K 0.00%
94 1998 Daniel W. Schutt - President, Chief Operations Officer & Chief Loan Officer of The Union Bank 43.3K 23.0K 42.4K 12.6K 121.2K 34.97%
95 1998 E. Eugene Lehman - Chief Executive Officer and President of United Bancshares 84.9K 10.5K 25.4K 120.8K 0.00%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2022-03-14 DEF 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-13 D
2023-03-23 15-12G
2023-03-13 10-K
2023-01-19 8-K
2022-11-29 S-8 POS
2022-11-29 S-8 POS
2022-11-29 S-8 POS
2022-11-14 4
2022-11-14 4
2022-11-14 4

Executive team

NameTitleCompensationGender
Brian D. Young President, Chief Executive Officer & Director 557.3K male
Klint D. Manz Chief Financial Officer 236.1K male
Amy E. Blankemeyer Chief Risk Officer male
Denise E. Giesige Board Secretary & Human Resources Manager female
Jane Wood Chief Human Resource Officer
ESG Rating
B
BANKS - REGIONAL
2018
E (Environmental)
50.0 / 64.3
Company / Sector avg.
S (Social)
74.4 / 76.5
Company / Sector avg.
G (Governance)
71.3 / 75.5
Company / Sector avg.
ESG Total
65.2 / 72.1
Company / Sector avg.
ESG Score History BANKS - REGIONAL
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits