United Bancorporation of Alabama (OTCMKTS:UBAB) Announces Earnings Results

Key Points

• United Bancorporation of Alabama reported quarterly earnings of $1.36 per share, missing analysts' expectations by $0.42.
• The company's net margin stood at 25.30% and return on equity at 17.48%, with quarterly revenue reaching $18.68 million.
• Following the earnings announcement, UBAB stock decreased to $55.00, with a market cap of $180.95 million and a PE ratio of 7.59.

United Bancorporation of Alabama (OTCMKTS:UBAB - Get Free Report) announced its quarterly earnings data on Thursday. The company reported $1.36 EPS for the quarter, missing the consensus estimate of $1.78 by ($0.42), Zacks reports. United Bancorporation of Alabama had a net margin of 23.01% and a return on equity of 15.20%. The firm had revenue of $18.68 million for the quarter.

United Bancorporation of Alabama Trading Down 0.1%

UBAB stock traded down $0.08 during midday trading on Tuesday, hitting $54.92. The stock had a trading volume of 225 shares, compared to its average volume of 3,086. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.22. The business has a fifty day moving average price of $52.87 and a two-hundred day moving average price of $53.11. United Bancorporation of Alabama has a 1-year low of $46.80 and a 1-year high of $59.99. The firm has a market cap of $180.69 million, a P/E ratio of 8.65 and a beta of 0.46.

United Bancorporation of Alabama Company Profile

United Bancorporation of Alabama, Inc operates as the bank holding company for United Bank that provides banking services. The company offers checking and savings accounts, certificates of deposit, individual retirement accounts, small business programs, business solutions, merchant services, and cash management services.