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. reports recurring developments tied to its role as a financial holding company and parent of United Bank and UB Community Development. News commonly covers quarterly and annual earnings, net interest margin, asset quality, loan-loss provisioning, and income from New Markets Tax Credits and other community-development activities.
The company’s updates also address capital actions such as semiannual dividends, common-stock repurchases, and balance-sheet management. Its business is centered on banking services in Southwest Alabama and Northwest Florida, alongside CDFI-related economic development, affordable housing, and community facilities programs.
United Bancorporation of Alabama (OTCQX: UBAB), through its subsidiary UB Community Development (UBCD), announced its role in New Markets Tax Credit (NMTC) financing to redevelop a long‑vacant, 330,000‑square‑foot former Vanity Fair apparel facility in Monroeville, Alabama into a tractor assembly, manufacturing and distribution plant. The headline cites $6 million in NMTC financing, while the project involves $28 million in NMTC financing overall. The Bad Boy Mowers project is expected to create 56 permanent full‑time jobs across production, skilled trades and support roles, and includes workforce training partnerships with Coastal Alabama Community College and other technical institutions. UBCD notes this is its fourth NMTC project in the Monroeville area and reports that, year‑to‑date 2026, it has deployed $57 million into six projects across the Southeast, supporting $290 million in total capital investment, 417 new jobs and the retention of over 1,700 jobs.
United Bancorporation of Alabama (OTCQX: UBAB) reported net income of $11.3 million for the six months ended June 30, 2026, up about 21.5% from $9.3 million a year earlier, with six‑month earnings per share rising roughly 33.1% to $3.71 from $2.78.
For the second quarter of 2026, net income was $5.8 million, an increase of 26.1% from $4.6 million in Q2 2025, while quarterly earnings per share grew about 40.4% to $1.91 from $1.36. The company also marked four consecutive quarters of deposit growth.
United Bancorporation of Alabama (OTCQX: UBAB) acknowledged receiving a July 7, 2026 letter from Merion Road Capital Management and Blue Hill Advisors. The Board and management emphasized openness to investor viewpoints and reaffirmed focus on long-term shareholder value, strategic execution, capital deployment, and compliance as a CDFI and ECIP participant. Management plans to discuss these topics and provide updates on the next earnings call scheduled for August 6, 2026, and reminded investors about risks and uncertainties related to forward-looking statements.
Merion Road Capital Management and Blue Hill Advisors, owning about 2% of United Bancorporation of Alabama (OTC: UBAB), sent a July 7, 2026 letter urging a sizable capital return, cost discipline, and stronger board-level capital allocation expertise.
They propose a $40M modified Dutch auction tender (about 25% of UBAB’s ~$170M market cap), citing high capital ratios following the $123.75M ECIP preferred issuance, a 46% expense increase since 2022 with largely flat deposits, and stock underperformance of 41% versus peers. At $55.36, they note UBAB trades at 9.4x LTM earnings, 1.18x TBV and 0.71x adjusted TBV, and outline potential EPS and adjusted TBV per-share accretion if such a tender is executed.
United Bancorporation of Alabama (OTCQX: UBAB) declared a semiannual cash dividend of $0.71 per share.
The dividend is payable on or near July 15, 2026 to shareholders of record as of June 30, 2026.
United Bancorporation of Alabama (OTCQX: UBAB) announced Board approval of a renewed stock repurchase program. The authorization allows United to buy back up to 446,520 shares.
Repurchases may occur in the open market or negotiated trades under Rules 10b-18 and 10b5-1, and the program can be changed or ended at any time.
United Bancorporation of Alabama (OTCQX: UBAB) reported results for the three months ended March 31, 2026: net income $5.4 million versus $4.7 million a year earlier and EPS $1.80 versus $1.42 in Q1 2025. UB Community Development generated NMTC revenues $2.3 million.
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.