United Bancshares Operating Expenses Growth & History (UBOH)

United Bancshares's operating expenses was $34.1M for fiscal 2022.

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United Bancshares annual operating expenses history

United Bancshares annual operating expenses

Fiscal yearPeriod endedOperating expensesChangeGrowth
20222022-12-31$34.1M−$2.6M−7.06%
20212021-12-31$36.7M−$459,000−1.24%
20202020-12-31$37.2M$6.0M+19.44%
20192019-12-31$31.1M$3.7M+13.42%
20182018-12-31$27.4M$5.1M+22.60%
20172017-12-31$22.4M$4.7M+26.34%
20162016-12-31$17.7M$21,000+0.12%
20152015-12-31$17.7M$1.3M+8.04%
20142014-12-31$16.4M$351,728+2.19%
20132013-12-31$16.0M−$489,085−2.96%
20122012-12-31$16.5M$966,951+6.22%
20112011-12-31$15.5M$24,501+0.16%
20102010-12-31$15.5M$1.0M+7.21%
20092009-12-31$14.5M

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.

About the metric

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.

Calculation and source

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.

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