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

United Bancorporation of Alabama (OTCMKTS:UBAB) posted 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 net margin of 23.54% and a return on equity of 14.40%.

United Bancorporation of Alabama Price Performance

United Bancorporation of Alabama stock remained flat at $62.00 during midday trading on Friday. 19,756 shares of the company traded hands, compared to its average volume of 2,447. The firm has a 50 day moving average price of $62.52 and a two-hundred day moving average price of $56.15. United Bancorporation of Alabama has a twelve month low of $49.01 and a twelve month high of $66.00. The stock has a market capitalization of $189.72 million, a PE ratio of 10.08 and a beta of 0.45. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.89 and a quick ratio of 0.89.

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.