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

United Bancorporation of Alabama (OTCMKTS:UBAB) announced its earnings results on Friday. The company reported $2.00 earnings per share (EPS) 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 Stock Performance

Shares of United Bancorporation of Alabama stock opened at $58.50 on Friday. The business has a 50-day simple moving average of $57.55 and a 200-day simple moving average of $53.84. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.94 and a current ratio of 0.94. United Bancorporation of Alabama has a one year low of $39.80 and a one year high of $59.99. The company has a market cap of $197.15 million, a PE ratio of 6.75 and a beta of 0.40.

United Bancorporation of Alabama Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, January 16th. Investors of record on Tuesday, December 31st were paid 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 payout ratio is presently 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.