United Bancorporation of Alabama (OTCMKTS:UBAB) Issues Earnings Results

United Bancorporation of Alabama (OTCMKTS:UBAB) issued its quarterly earnings data on Friday. The company reported $1.15 earnings per share for the quarter, missing the consensus estimate of $1.29 by ($0.14), Zacks reports. United Bancorporation of Alabama had a return on equity of 14.56% and a net margin of 22.18%.

United Bancorporation of Alabama Price Performance

Shares of UBAB stock opened at $52.00 on Friday. The firm’s 50 day moving average price is $53.01 and its two-hundred day moving average price is $54.32. The stock has a market cap of $159.28 million, a PE ratio of 8.57 and a beta of 0.43. United Bancorporation of Alabama has a 52-week low of $48.10 and a 52-week high of $59.50. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.95 and a current ratio of 0.95.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of United Bancorporation of Alabama from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 1st. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold”.

United Bancorporation of Alabama Company Profile

United Bancorporation of Alabama, Inc is a bank holding company headquartered in Mobile, Alabama, operating primarily through its wholly owned subsidiary, United Bank. As a community-oriented financial institution, the company focuses on serving individual consumers, small to mid-sized businesses, and municipal clients across Alabama’s Gulf Coast region. Its branch network and digital platforms provide access to a range of traditional banking services.

The company’s core offerings include demand and savings deposit accounts, money market accounts and certificates of deposit designed for both personal and business customers.