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

United Bancorporation of Alabama, Inc. (OTCMKTS:UBAB)’s stock price traded down 0.1% during mid-day trading on Friday . The company traded as low as $55.25 and last traded at $55.25. Approximately 8,900 shares changed 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 Down 0.1%

The company has a market capitalization of $169.62 million, a P/E ratio of 9.87 and a beta of 0.46. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.20. The firm has a fifty day simple moving average of $53.71 and a 200-day simple moving average of $52.44.

United Bancorporation of Alabama (OTCMKTS:UBAB) last released its quarterly earnings data on Thursday, April 30th. The company reported $1.80 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.51. United Bancorporation of Alabama had a return on equity of 13.65% and a net margin of 22.47%.The business had revenue of $19.37 million for the quarter, compared to analysts’ expectations of $22.50 million. On average, equities research analysts expect 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.