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

United Bancorporation of Alabama (OTCMKTS:UBAB) issued its quarterly earnings results on Friday. The company reported $2.00 EPS for the quarter, Zacks reports. United Bancorporation of Alabama had a net margin of 31.02% and a return on equity of 22.48%.

United Bancorporation of Alabama Stock Down 1.5 %

Shares of UBAB traded down $0.85 on Friday, reaching $56.75. The company’s stock had a trading volume of 8,459 shares, compared to its average volume of 1,444. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.23. United Bancorporation of Alabama has a twelve month low of $39.80 and a twelve month high of $59.99. The stock has a market capitalization of $191.25 million, a PE ratio of 6.65 and a beta of 0.40. The firm has a fifty day moving average of $57.56 and a 200-day moving average of $53.77.

United Bancorporation of Alabama Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.60 per share. The ex-dividend date was Tuesday, December 31st. This is a positive change from United Bancorporation of Alabama’s previous dividend of $0.35. United Bancorporation of Alabama’s dividend payout ratio is currently 14.07%.

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.