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

United Bancorporation of Alabama (OTCMKTS:UBAB) announced its earnings results on Wednesday. The company reported $1.91 EPS for the quarter, topping the consensus estimate of $1.31 by $0.60, Zacks reports. The company had revenue of $19.82 million for the quarter, compared to analysts’ expectations of $24.18 million. United Bancorporation of Alabama had a net margin of 23.54% and a return on equity of 14.49%.

United Bancorporation of Alabama Price Performance

Shares of UBAB remained flat at $59.90 during trading hours on Friday. The stock had a trading volume of 1,364 shares, compared to its average volume of 1,122. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.20. United Bancorporation of Alabama has a 12 month low of $49.01 and a 12 month high of $61.50. The stock has a market capitalization of $183.29 million, a P/E ratio of 9.74 and a beta of 0.44. The business’s fifty day simple moving average is $57.28 and its two-hundred day simple moving average is $53.65.

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.