Financial Statements

United Bancshares, Inc. (UBOH)

$30.99

-0.75 (-2.36%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 93817265-
Net Income 14141184
Stock Dividends -106--063
Dividend Paid --2-2-2-2
Retained Earnings -93817265

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 19191919-
Annual Depreciation -1921024
Capital Expenditure --2-1-1-4
Net PPE -19191919

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -25292929
New Purchases -34-38-54-63-
Intangible and Goodwill 25292929-

United Bancshares, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes United Bancshares, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.