Welcome to our dedicated page for United Bancorpt news (Ticker: UBAB), a resource for investors and traders seeking the latest updates and insights on United Bancorpt stock.
United Bancorporation of Alabama, Inc. (OTCQX: UBAB) regularly issues news updates that provide insight into its commercial banking operations and community development activities. As the parent company of United Bank and UB Community Development, and with United Bank designated as a Community Development Financial Institution (CDFI), its announcements often combine traditional financial reporting with information about regional impact in Southwest Alabama and Northwest Florida.
Visitors to this news page can review company-issued press releases covering quarterly and annual financial results, including net income, earnings per share, net interest margin, and credit quality indicators such as nonperforming assets. The company also reports on capital management actions, such as semiannual cash dividends, stock repurchase programs, and specific repurchase transactions involving shares held by employee benefit plans.
Because of its CDFI status and focus on community development, United Bancorporation of Alabama, Inc. also publishes news about awards and allocations from federal community development programs. These include Capital Magnet Fund awards and New Markets Tax Credits allocations that support affordable housing, community facilities, and broader economic development projects in its service areas and surrounding regions.
In addition, the company’s news flow may include updates on organizational changes within its subsidiaries, such as bank mergers within the group, and highlights of major community development milestones. Investors, analysts, and community stakeholders can use this page to follow how United Bancorporation of Alabama, Inc. reports its financial performance, capital decisions, and community-focused initiatives over time.
United Bancorporation of Alabama (OTCQX: UBAB) reported net income $17.2M for the twelve months ended Dec 31, 2025, down from $26.9M a year earlier. Twelve-month EPS was $5.23 versus $7.65 in 2024. Fourth-quarter net income was $3.7M and EPS $1.15. Quarterly highlights included a net interest margin of 4.44% and repurchase of 176,266 UBAB shares.
United Bancorporation of Alabama (OTCQX: UBAB) announced a semiannual cash dividend of $0.70 per share. The dividend is payable on or near January 15, 2026 to stockholders of record as of December 31, 2025. This provides a near-term cash return to shareholders and sets the upcoming payment and record dates for investors to act on.
United Bancorporation of Alabama (NASDAQ: UBAB) reported quarterly and year-to-date results for the period ending September 30, 2025. For the nine months, net income was $13.5 million versus $20.0 million a year earlier and diluted EPS was $4.07 versus $5.63 in 2024. Net income for Q3 2025 was $4.2 million versus $5.1 million in Q3 2024, with Q3 EPS of $1.29 versus $1.45.
Quarterly highlights include a net interest margin of 4.6%, repurchase of 56,000 shares of UBAB stock, and nonperforming assets down 48% year-over-year.
United Bancorporation of Alabama (OTCQX: UBAB) has announced the renewal of its stock repurchase program, authorized by its Board of Directors. The program allows the company to repurchase up to 337,380 shares, representing approximately 10% of its currently outstanding common stock, through May 13, 2026.
The repurchases will be executed at management's discretion, following Rule 10b-18 SEC guidelines, and will be conducted through open market purchases and negotiated transactions at prevailing market prices. The company may also make repurchases under Rule 10b5-1 trading plans. The program can be suspended, terminated, or modified at any time.
United Bancorporation of Alabama (OTCQX: UBAB) has released its Q1 2025 financial results, reporting unaudited consolidated net income of $4.7 million or earnings per share of $1.42 for the quarter ended March 31, 2025. This represents a decrease from the same period last year, which saw net income of $6.3 million and EPS of $1.75.
Key quarterly highlights include a net interest margin of 4.54%, NMTC fee income of $1.0 million, and a provision of $1.5 million.
United Bancorporation of Alabama (OTCQX: UBAB) has reported its financial results for Q4 and full-year 2024. The company's annual unaudited consolidated net income reached $26.9 million, with earnings per share of $7.65, compared to $31.5 million and $8.69 EPS in 2023. For Q4 2024, net income was $6.9 million with $2.00 EPS, down from $10.4 million and $2.95 EPS in Q4 2023.
Key quarterly highlights include the dissolution of UBAB's Employee Stock Ownership Plan with a repurchase of 197,717 shares, a $52.0 million bond portfolio restructuring, and $10.3 million in CDFI award income.
United Bancorporation of Alabama (OTCQX: UBAB) has declared a semiannual dividend of $0.60 per share, payable on January 16, 2025, to shareholders of record as of December 31, 2024. The company, with assets of $1.4 billion, operates as a financial holding company through its subsidiaries United Bank and UB Community Development, serving Southwest Alabama and Northwest Florida. United Bank, a Community Development Financial Institution (CDFI), maintains 20 locations across six counties and focuses on economic development in underserved communities through various programs including New Markets Tax Credits and affordable housing initiatives.
United Bancorporation of Alabama (OTCQX: UBAB) has completed the repurchase of all 197,717 shares of its common stock held by its 401(k) Employee Stock Ownership Plan (KSOP). The shares were repurchased at $54.25 per share, totaling approximately $10.7 million. The transaction, which closed on November 15, 2024, was negotiated between company representatives and the KSOP Trustee, with oversight from independent appraisers, financial advisors, and separate legal counsel for both parties.
United Bank (OTCQX: UBAB) has been awarded a $9 million Capital Magnet Fund grant from the U.S. Department of Treasury's CDFI Fund for 2024, marking their fifth such award since 2017. The funding will support affordable housing initiatives across Alabama, Florida, and surrounding states. The bank plans to utilize this award to develop or rehabilitate over 1,000 apartment homes, targeting rent-burdened families and senior adults in the Southeast region.
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