United Bancshares Operating Expenses Growth & History (UBOH)
United Bancshares's operating expenses was $34.1M for fiscal 2022.
View full United Bancshares company overviewUnited Bancshares annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2022 | 2022-12-31 | $34.1M | −$2.6M | −7.06% |
| 2021 | 2021-12-31 | $36.7M | −$459,000 | −1.24% |
| 2020 | 2020-12-31 | $37.2M | $6.0M | +19.44% |
| 2019 | 2019-12-31 | $31.1M | $3.7M | +13.42% |
| 2018 | 2018-12-31 | $27.4M | $5.1M | +22.60% |
| 2017 | 2017-12-31 | $22.4M | $4.7M | +26.34% |
| 2016 | 2016-12-31 | $17.7M | $21,000 | +0.12% |
| 2015 | 2015-12-31 | $17.7M | $1.3M | +8.04% |
| 2014 | 2014-12-31 | $16.4M | $351,728 | +2.19% |
| 2013 | 2013-12-31 | $16.0M | −$489,085 | −2.96% |
| 2012 | 2012-12-31 | $16.5M | $966,951 | +6.22% |
| 2011 | 2011-12-31 | $15.5M | $24,501 | +0.16% |
| 2010 | 2010-12-31 | $15.5M | $1.0M | +7.21% |
| 2009 | 2009-12-31 | $14.5M | — | — |
United Bancshares quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q4 2022 | 2022-12-31 | $8.3M | −$561,000 | −6.34% |
| Q3 2022 | 2022-09-30 | $8.9M | −$815,000 | −8.42% |
| Q2 2022 | 2022-06-30 | $8.6M | −$509,000 | −5.61% |
| Q1 2022 | 2022-03-31 | $8.4M | −$707,000 | −7.76% |
| Q4 2021 | 2021-12-31 | $8.8M | −$1.2M | −12.11% |
| Q3 2021 | 2021-09-30 | $9.7M | −$404,000 | −4.01% |
| Q2 2021 | 2021-06-30 | $9.1M | $268,000 | +3.04% |
| Q1 2021 | 2021-03-31 | $9.1M | $896,000 | +10.91% |
| Q4 2020 | 2020-12-31 | $10.1M | $1.7M | +20.80% |
| Q3 2020 | 2020-09-30 | $10.1M | $2.0M | +24.96% |
| Q2 2020 | 2020-06-30 | $8.8M | $1.3M | +17.53% |
| Q1 2020 | 2020-03-31 | $8.2M | $988,000 | +13.68% |
| Q4 2019 | 2019-12-31 | $8.3M | $1.5M | +21.88% |
| Q3 2019 | 2019-09-30 | $8.1M | $821,000 | +11.33% |
| Q2 2019 | 2019-06-30 | $7.5M | $693,000 | +10.19% |
| Q1 2019 | 2019-03-31 | $7.2M | $671,000 | +10.24% |
| Q4 2018 | 2018-12-31 | $6.8M | $408,000 | +6.35% |
| Q3 2018 | 2018-09-30 | $7.2M | $822,000 | +12.79% |
| Q2 2018 | 2018-06-30 | $6.8M | $1.9M | +39.07% |
| Q1 2018 | 2018-03-31 | $6.6M | $1.9M | +41.40% |
| Q4 2017 | 2017-12-31 | $6.4M | $2.1M | +48.07% |
| Q3 2017 | 2017-09-30 | $6.4M | $2.0M | +44.30% |
| Q2 2017 | 2017-06-30 | $4.9M | $528,000 | +12.11% |
| Q1 2017 | 2017-03-31 | $4.6M | $77,000 | +1.69% |
| Q4 2016 | 2016-12-31 | $4.3M | −$92,033 | −2.08% |
| Q3 2016 | 2016-09-30 | $4.5M | $140,000 | +3.25% |
| Q2 2016 | 2016-06-30 | $4.4M | $45,000 | +1.04% |
| Q1 2016 | 2016-03-31 | $4.6M | −$71,967 | −1.56% |
| Q4 2015 | 2015-12-31 | $4.4M | −$515,715 | −10.42% |
| Q3 2015 | 2015-09-30 | $4.3M | $462,950 | +12.02% |
| Q2 2015 | 2015-06-30 | $4.3M | $686,533 | +18.92% |
| Q1 2015 | 2015-03-31 | $4.6M | $682,232 | +17.29% |
| Q4 2014 | 2014-12-31 | $4.9M | $195,986 | +4.12% |
| Q3 2014 | 2014-09-30 | $3.9M | −$28,317 | −0.73% |
| Q2 2014 | 2014-06-30 | $3.6M | $4,691 | +0.13% |
| Q1 2014 | 2014-03-31 | $3.9M | $179,368 | +4.76% |
| Q4 2013 | 2013-12-31 | $4.8M | $437,437 | +10.13% |
| Q3 2013 | 2013-09-30 | $3.9M | −$109,443 | −2.74% |
| Q2 2013 | 2013-06-30 | $3.6M | −$348,185 | −8.76% |
| Q1 2013 | 2013-03-31 | $3.8M | −$468,894 | −11.07% |
| Q4 2012 | 2012-12-31 | $4.3M | $362,586 | +9.17% |
| Q3 2012 | 2012-09-30 | $4.0M | −$3,569 | −0.09% |
| Q2 2012 | 2012-06-30 | $4.0M | $149,062 | +3.90% |
| Q1 2012 | 2012-03-31 | $4.2M | $458,872 | +12.15% |
| Q4 2011 | 2011-12-31 | $4.0M | — | — |
| Q3 2011 | 2011-09-30 | $4.0M | $229,126 | +6.09% |
| Q2 2011 | 2011-06-30 | $3.8M | −$108,120 | −2.75% |
| Q1 2011 · Mar 31 | 2011-03-31 | $3.8M | — | — |
| Q3 2010 | 2010-09-30 | $3.8M | — | — |
| Q2 2010 | 2010-06-30 | $3.9M | — | — |
United Bancshares operating expenses trends
Over the last five fiscal years, United Bancshares's operating expenses increased from $22.4M to $34.1M, a change of $11.7M. The latest reported quarter, Q4 2022, shows $8.3M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review United Bancshares source filings ↗