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

United Bancorporation of Alabama (OTCMKTS:UBAB) released its quarterly earnings data 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 Price Performance

OTCMKTS:UBAB traded down $0.85 during trading hours on Friday, hitting $56.75. The stock had a trading volume of 8,459 shares, compared to its average volume of 1,444. The company has a 50 day simple moving average of $57.56 and a two-hundred day simple moving average of $53.77. 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 has a one year low of $39.80 and a one year high of $59.99. The firm has a market capitalization of $191.25 million, a price-to-earnings ratio of 6.65 and a beta of 0.40.

United Bancorporation of Alabama Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, January 16th. Shareholders of record on Tuesday, December 31st were issued a $0.60 dividend. This is an increase 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%.

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.