United Bancorporation of Alabama (UBAB) Projected to Post Quarterly Earnings on Friday

United Bancorporation of Alabama (OTCMKTS:UBAB) is expected to issue its resultson Friday, April 24th. Analysts expect the company to announce earnings of $1.29 per share and revenue of $22.50 million for the quarter.

United Bancorporation of Alabama (OTCMKTS:UBAB) last posted its earnings results on Friday, January 30th. The company reported $1.15 earnings per share for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.14). United Bancorporation of Alabama had a return on equity of 12.70% and a net margin of 21.11%.The firm had revenue of $17.57 million for the quarter. On average, analysts expect United Bancorporation of Alabama to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

United Bancorporation of Alabama Stock Down 0.9%

UBAB stock opened at $52.76 on Wednesday. United Bancorporation of Alabama has a fifty-two week low of $48.25 and a fifty-two week high of $57.00. The business’s 50 day moving average price is $50.87 and its two-hundred day moving average price is $52.52. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 0.91. The company has a market capitalization of $160.91 million, a price-to-earnings ratio of 10.11 and a beta of 0.44.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded United Bancorporation of Alabama from a “strong sell” rating to a “hold” rating in a report on Thursday, January 1st. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

About United Bancorporation of Alabama

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.