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

United Bancorporation of Alabama (OTCMKTS:UBAB) posted its quarterly earnings results on Friday. The company reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate 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

United Bancorporation of Alabama stock remained flat at $62.00 during trading hours on Friday. The company’s stock had a trading volume of 19,756 shares, compared to its average volume of 2,447. United Bancorporation of Alabama has a 52-week low of $49.01 and a 52-week high of $66.00. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.89 and a quick ratio of 0.89. The stock’s fifty day moving average price is $62.52 and its 200 day moving average price is $56.15. The firm has a market cap of $189.72 million, a price-to-earnings ratio of 10.08 and a beta of 0.45.

About United Bancorporation of Alabama

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.