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

United Bancorporation of Alabama (OTCMKTS:UBAB) issued its quarterly earnings results on Friday. The company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.35 by $0.18, Zacks reports. United Bancorporation of Alabama had a return on equity of 14.40% and a net margin of 23.54%. The company had revenue of $19.44 million for the quarter, compared to the consensus estimate of $24.77 million.

United Bancorporation of Alabama Stock Performance

Shares of UBAB stock opened at $62.00 on Friday. The firm has a market capitalization of $189.66 million, a P/E ratio of 10.08 and a beta of 0.45. United Bancorporation of Alabama has a 1 year low of $49.01 and a 1 year high of $66.00. The firm’s fifty day simple moving average is $62.54 and its 200 day simple moving average is $56.20. 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 Company Profile

United Bancorporation of Alabama, Inc is a bank holding company headquartered in Atmore, Alabama. Its principal subsidiary, United Bank, is a community bank that provides a range of financial services to individuals, families, farmers, and businesses.

United Bank’s services include checking and savings accounts, certificates of deposit, consumer and commercial loans, residential mortgage lending, and other traditional banking products. The bank also provides digital banking and cash-management services designed to support personal and business customers.

The company serves communities in southern Alabama and the Florida Panhandle through its branch network and other banking channels.