United Bancorporation of Alabama, Inc. Announces Second Quarter Results

Rhea-AI Summary

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.

Positive

• Six‑month net income $11.3M, up ~21.5% year over year
• Six‑month EPS $3.71, up ~33.1% versus 2025 period
• Q2 2026 net income $5.8M, up 26.1% from Q2 2025
• Q2 2026 EPS $1.91, up 40.4% year over year
• Four consecutive quarters of deposit growth reported

Negative

• None.

News Market Reaction – UBAB

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In the Aug 6 session, UBAB declined 1.18%, reflecting a mild negative market reaction.

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• Delivers net income and EPS growth for both 1H and Q2
• Marks four consecutive quarters of deposit growth

ATMORE, Ala., Aug. 5, 2026 /PRNewswire/ -- (OTCQX: UBAB) - United Bancorporation of Alabama, Inc. reported net income of $11.3 million for the six months ended June 30, 2026, compared to net income of $9.3 million for the same period last year, representing an approximate 21.5% increase.  Earnings per share for the six-month period were $3.71 compared to $2.78 for the same period in 2025, an improvement of approximately 33.1%.  Net income for the three months ended June 30, 2026, was $5.8 million as compared to $4.6 million for the second quarter of 2025, an increase of 26.1%.  Earnings per share for the three-month period were $1.91 versus $1.36 for the same period in 2025, a 40.4% increase.

About United Bancorporation of Alabama, Inc.

United Bancorporation of Alabama, Inc. is a $1.4 billion financial holding company and parent company of United Bank and UB Community Development, primarily serving Southwest Alabama and Northwest Florida. United is designated as a CDFI, committed to stimulating economic development in underserved communities. United and its subsidiaries operate 23 locations across six counties. UB Community Development focuses on economic and community development through New Markets Tax Credits, affordable housing and community facilities programs. For a complete quarterly report visit our investor relations tab at www.UnitedBank.com. Member FDIC.

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SOURCE United Bancorporation of Alabama, Inc.

FAQ

What were United Bancorporation of Alabama’s (UBAB) earnings for the first half of 2026?

United Bancorporation of Alabama reported first-half 2026 net income of $11.3 million. According to the company, this was about a 21.5% increase from $9.3 million a year earlier, with earnings per share rising to $3.71 from $2.78.

How did UBAB’s Q2 2026 net income and EPS compare to Q2 2025?

UBAB’s Q2 2026 net income was $5.8 million and EPS $1.91. According to United Bancorporation of Alabama, net income rose 26.1% from $4.6 million, while earnings per share increased 40.4% from $1.36 in the second quarter of 2025.

What EPS growth did United Bancorporation of Alabama (UBAB) report for the first half of 2026?

UBAB reported first-half 2026 EPS of $3.71, up about 33.1%. According to United Bancorporation of Alabama, this compares with $2.78 for the same period in 2025, indicating strong per-share earnings expansion over the prior year’s first half.

Did United Bancorporation of Alabama (UBAB) show deposit growth in its Q2 2026 results?

Yes, UBAB reported four consecutive quarters of deposit growth as of Q2 2026. According to United Bancorporation of Alabama, this deposit growth accompanied rising net income and earnings per share for both the second quarter and first half of 2026.

Is United Bancorporation of Alabama (UBAB) showing continued profitability in 2026?

United Bancorporation of Alabama reported net income of $11.3 million for first-half 2026, indicating continued profitability. According to the company, both net income and earnings per share increased year over year for the six-month period and the second quarter of 2026.

How fast did UBAB’s Q2 2026 earnings per share grow versus Q2 2025?

UBAB’s Q2 2026 EPS increased 40.4% to $1.91 from $1.36. According to United Bancorporation of Alabama, this double-digit percentage gain in per-share earnings outpaced the 26.1% growth in quarterly net income over the same comparative period.