United Bancorporation of Alabama (OTCMKTS:UBAB) Releases Earnings Results, Beats Expectations By $0.18 EPS

United Bancorporation of Alabama (OTCMKTS:UBAB) issued its quarterly earnings results on Friday. The company reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates 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

Shares of OTCMKTS:UBAB remained flat at $62.00 during trading on Friday. 19,756 shares of the stock were exchanged, compared to its average volume of 2,447. United Bancorporation of Alabama has a twelve month low of $49.01 and a twelve month high of $66.00. The firm’s fifty day moving average is $62.52 and its two-hundred day moving average is $56.15. The firm has a market cap of $189.72 million, a PE ratio of 10.08 and a beta of 0.45. 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.