United Bancorporation of Alabama (OTCMKTS:UBAB – Get Free Report) issued its earnings results on Thursday. The company reported $1.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.49, Zacks reports. The firm had revenue of $19.37 million for the quarter, compared to the consensus estimate of $22.50 million. United Bancorporation of Alabama had a net margin of 21.11% and a return on equity of 12.70%.
United Bancorporation of Alabama Stock Up 2.5%
Shares of UBAB stock opened at $53.25 on Friday. United Bancorporation of Alabama has a 12 month low of $48.65 and a 12 month high of $57.00. The stock has a market cap of $162.41 million, a P/E ratio of 10.20 and a beta of 0.44. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21. The company has a 50 day simple moving average of $50.97 and a two-hundred day simple moving average of $52.41.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded 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 data from MarketBeat, United Bancorporation of Alabama currently has a consensus 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.
Further Reading
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