United Bancorporation of Alabama (OTCMKTS:UBAB) Releases Earnings Results, Misses Estimates By $0.14 EPS

United Bancorporation of Alabama (OTCMKTS:UBAB) announced its quarterly earnings data on Friday. The company reported $1.15 earnings per share for the quarter, missing the consensus estimate of $1.29 by ($0.14), Zacks reports. United Bancorporation of Alabama had a return on equity of 14.56% and a net margin of 22.18%.The company had revenue of $17.57 million for the quarter.

United Bancorporation of Alabama Stock Down 1.3%

Shares of OTCMKTS:UBAB opened at $52.00 on Friday. United Bancorporation of Alabama has a 1 year low of $48.10 and a 1 year high of $59.50. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.95 and a current ratio of 0.95. The stock has a 50-day simple moving average of $53.01 and a 200-day simple moving average of $54.32. The stock has a market capitalization of $159.12 million, a P/E ratio of 8.57 and a beta of 0.43.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of United Bancorporation of Alabama from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 1st. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, United Bancorporation of Alabama has a consensus rating of “Hold”.

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.