United Bancorporation of Alabama (OTCMKTS:UBAB) Shares Down 0.1% – Here’s What Happened

United Bancorporation of Alabama, Inc. (OTCMKTS:UBAB) shares dropped 0.1% during trading on Friday . The stock traded as low as $55.25 and last traded at $55.25. 8,900 shares traded hands during mid-day trading, an increase of 237% from the average session volume of 2,640 shares. The stock had previously closed at $55.30.

United Bancorporation of Alabama Stock Performance

The stock’s 50 day moving average is $53.71 and its two-hundred day moving average is $52.44. The stock has a market capitalization of $169.62 million, a price-to-earnings ratio of 9.87 and a beta of 0.46. 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 (OTCMKTS:UBAB) last released its quarterly earnings results on Thursday, April 30th. The company reported $1.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.51. The firm had revenue of $19.37 million for the quarter, compared to the consensus estimate of $22.50 million. United Bancorporation of Alabama had a return on equity of 13.65% and a net margin of 22.47%. Analysts expect that United Bancorporation of Alabama, Inc. will post 5.35 earnings per share for the current fiscal year.

About United Bancorporation of Alabama

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.