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

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

United Bancorporation of Alabama Price Performance

Shares of UBAB traded down $0.85 on Friday, hitting $56.75. The company’s stock had a trading volume of 8,459 shares, compared to its average volume of 1,444. United Bancorporation of Alabama has a fifty-two week low of $39.80 and a fifty-two week high of $59.99. The company has a 50 day moving average price of $57.56 and a 200 day moving average price of $53.77. The company has a market capitalization of $191.25 million, a PE ratio of 6.65 and a beta of 0.40. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.94 and a quick ratio of 0.94.

United Bancorporation of Alabama Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st were paid a $0.60 dividend. The ex-dividend date was Tuesday, December 31st. This is an increase from United Bancorporation of Alabama’s previous dividend of $0.35. United Bancorporation of Alabama’s payout ratio is currently 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.