Brief: United Bancshares - Due To Tax Cuts And Jobs Act, Co's Deferred Tax Assets To Be Revalued

United Bancshares

29/12/2017 13:48

Dec 29 (Reuters) - United Bancshares Inc  UBOH.O : 
    * UNITED BANCSHARES -  DUE TO TAX CUTS AND JOBS ACT, CO'S 
DEFERRED 
TAX ASSETS TO BE REVALUED - SEC FILING 
    * UNITED BANCSHARES - ESTIMATES VALUE OF DEFERRED TAX ASSETS 
TO 
REDUCE BY ABOUT $1.4 MILLION DUE TO TAX RATE CHANGE, ADJUSTED 
FOR ANY Q4 ACTIVITY 
    * UNITED BANCSHARES - ESTIMATED NEGATIVE IMPACT ON Q4 NET 
EARNINGS 
AND TANGIBLE BOOK VALUE DUE TO TAX CUTS AND JOBS ACT WOULD BE 
ABOUT $0.43 PER SHARE 
 
Source text: (http://bit.ly/2zMoqTq) 
Further company coverage:  UBOH.O  
 
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