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

United Bancorporation of Alabama (OTCMKTS:UBAB) announced its earnings results on Friday. The company reported $2.00 earnings per share 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 Trading Up 3.1 %

OTCMKTS:UBAB opened at $58.50 on Friday. United Bancorporation of Alabama has a 12-month low of $39.80 and a 12-month high of $59.99. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.23. The stock’s 50 day simple moving average is $57.55 and its 200-day simple moving average is $53.84. The firm has a market cap of $197.15 million, a P/E ratio of 6.75 and a beta of 0.40.

United Bancorporation of Alabama Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 16th. Shareholders of record on Tuesday, December 31st were given a dividend of $0.60 per share. This is a boost from United Bancorporation of Alabama’s previous dividend of $0.35. The ex-dividend date of this dividend was Tuesday, December 31st. United Bancorporation of Alabama’s dividend payout ratio (DPR) is presently 14.07%.

United Bancorporation of Alabama Company Profile

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.