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

United Bancorporation of Alabama (OTCMKTS:UBABGet Free Report) issued its quarterly earnings data on Friday. The company reported $1.15 earnings per share for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.14), Zacks reports. United Bancorporation of Alabama had a net margin of 22.18% and a return on equity of 14.56%.

United Bancorporation of Alabama Stock Performance

Shares of OTCMKTS UBAB traded down $0.67 during mid-day trading on Friday, hitting $52.00. 800 shares of the company were exchanged, compared to its average volume of 5,533. The stock has a 50 day simple moving average of $53.04 and a 200-day simple moving average of $54.33. United Bancorporation of Alabama has a 1-year low of $48.10 and a 1-year high of $59.50. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.20. The firm has a market cap of $159.12 million, a price-to-earnings ratio of 8.57 and a beta of 0.43.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of United Bancorporation of Alabama from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 1st. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, United Bancorporation of Alabama has an average rating of “Hold”.

Get Our Latest Stock Report on UBAB

About United Bancorporation of Alabama

(Get Free Report)

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.

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Earnings History for United Bancorporation of Alabama (OTCMKTS:UBAB)

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