United Bancorporation of Alabama (OTCMKTS:UBAB) Releases Quarterly Earnings Results, Beats Expectations By $0.60 EPS

United Bancorporation of Alabama (OTCMKTS:UBAB) posted its earnings results on Wednesday. The company reported $1.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.60, Zacks reports. United Bancorporation of Alabama had a net margin of 22.47% and a return on equity of 13.65%. The company had revenue of $19.82 million during the quarter, compared to analysts’ expectations of $24.18 million.

United Bancorporation of Alabama Stock Performance

UBAB stock opened at $60.61 on Thursday. The company has a 50 day moving average price of $57.18 and a 200 day moving average price of $53.60. United Bancorporation of Alabama has a fifty-two week low of $49.01 and a fifty-two week high of $61.50. 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 has a market capitalization of $185.47 million, a PE ratio of 10.82 and a beta of 0.44.

About United Bancorporation of Alabama

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.