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

United Bancorporation of Alabama (OTCMKTS:UBAB) posted its earnings results on Friday. The company reported $2.00 EPS for the quarter, Zacks reports. United Bancorporation of Alabama had a net margin of 31.02% and a return on equity of 22.48%.

United Bancorporation of Alabama Stock Down 1.5 %

Shares of UBAB traded down $0.85 during trading hours on Friday, hitting $56.75. 8,459 shares of the company were exchanged, compared to its average volume of 1,444. The firm’s 50 day moving average is $57.56 and its 200-day moving average is $53.77. United Bancorporation of Alabama has a 52 week low of $39.80 and a 52 week high of $59.99. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 0.94. The company has a market cap of $191.25 million, a PE ratio of 6.65 and a beta of 0.40.

United Bancorporation of Alabama Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, January 16th. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.60 per share. This is a positive change from United Bancorporation of Alabama’s previous dividend of $0.35. The ex-dividend date of this dividend was Tuesday, December 31st. United Bancorporation of Alabama’s dividend payout ratio (DPR) is 14.07%.

United Bancorporation of Alabama Company Profile

United Bancorporation of Alabama, Inc operates as the bank holding company for United Bank that provides banking services. The company offers checking and savings accounts, certificates of deposit, individual retirement accounts, small business programs, business solutions, merchant services, and cash management services.