United Bancorporation of Alabama (OTCMKTS:UBAB) Upgraded by Zacks Research to “Hold” Rating

United Bancorporation of Alabama (OTCMKTS:UBAB) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

United Bancorporation of Alabama Trading Down 0.6%

Shares of United Bancorporation of Alabama stock opened at $52.90 on Thursday. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.95 and a quick ratio of 0.95. United Bancorporation of Alabama has a 1 year low of $48.10 and a 1 year high of $59.99. The firm has a market cap of $161.87 million, a PE ratio of 8.71 and a beta of 0.43. The company has a 50 day simple moving average of $53.61 and a two-hundred day simple moving average of $54.36.

United Bancorporation of Alabama (OTCMKTS:UBAB) last posted its quarterly earnings data on Friday, October 31st. The company reported $1.29 earnings per share for the quarter. United Bancorporation of Alabama had a net margin of 22.18% and a return on equity of 14.56%. The firm had revenue of $18.73 million for the quarter. Analysts expect that United Bancorporation of Alabama will post 6.86 earnings per share 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.