United Security Bancshares was added to several prominent Russell indices as part of the annual rebalancing. The company is now included in the Russell 3000 Index, Russell 2000 Index, and Russell 2500 Index.
Additionally, UBFO was added to various value and defensive sub-indices, including the Russell 3000 Value Index, Russell 2000 Defensive Index, Russell 2500 Value Index, and Russell 2000 Value-Defensive Index. These inclusions reflect the company's market characteristics.
Concurrently, United Security Bancshares was dropped from the Russell Microcap Growth Index and the Russell 3000E Growth Index. The overall rebalancing into broader and larger market capitalization indices is expected to enhance the company's market presence and investor exposure.
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