United Bancorporation of Alabama (OTCMKTS:UBAB) Shares Down 0.4% – Here’s What Happened

United Bancorporation of Alabama, Inc. (OTCMKTS:UBAB) dropped 0.4% during mid-day trading on Wednesday . The stock traded as low as $61.00 and last traded at $61.00. 424 shares traded hands during mid-day trading, a decline of 60% from the average daily volume of 1,069 shares. The stock had previously closed at $61.25.

United Bancorporation of Alabama Stock Performance

The company has a market cap of $186.66 million, a PE ratio of 9.92 and a beta of 0.44. The firm has a fifty day simple moving average of $58.98 and a 200-day simple moving average of $54.48. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.20.

United Bancorporation of Alabama (OTCMKTS:UBAB) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.60. The business had revenue of $19.82 million during the quarter, compared to the consensus estimate of $24.18 million. United Bancorporation of Alabama had a return on equity of 14.40% and a net margin of 23.54%. On average, research analysts forecast that United Bancorporation of Alabama, Inc. will post 5.35 EPS for the current fiscal year.

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.