United Bancorporation of Alabama (OTCMKTS:UBAB) Posts Quarterly Earnings Results, Misses Expectations By $0.42 EPS

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) posted its earnings results on Thursday. The company reported $1.36 earnings per share for the quarter, missing the consensus estimate of $1.78 by ($0.42), Zacks reports. United Bancorporation of Alabama had a net margin of 25.30% and a return on equity of 17.48%. The firm had revenue of $18.68 million during the quarter.

United Bancorporation of Alabama Stock Performance

UBAB stock traded down $0.47 during trading on Friday, hitting $55.00. The company had a trading volume of 400 shares, compared to its average volume of 3,112. The firm has a market cap of $180.95 million, a PE ratio of 7.59 and a beta of 0.45. United Bancorporation of Alabama has a 1-year low of $46.10 and a 1-year high of $59.99. The firm has a 50-day moving average price of $52.68 and a 200-day moving average price of $53.20. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.22.

About United Bancorporation of Alabama

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.

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