United Bancorporation of Alabama, Inc. Announces Third Quarter Results

Rhea-AI Summary

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.

Positive

• Net interest margin of 4.6%
• Nonperforming assets decreased 48% year-over-year
• Repurchased 56,000 shares of UBAB stock

Negative

• Nine-month net income declined 32.5% to $13.5 million
• Nine-month diluted EPS fell 27.7% to $4.07
• Q3 net income declined 17.6% to $4.2 million
• Q3 diluted EPS decreased 11% to $1.29

News Market Reaction – UBAB

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-0.57% News Effect

On the day this news was published, UBAB declined 0.57%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

ATMORE, Ala., Oct. 31, 2025 /PRNewswire/ -- United Bancorporation of Alabama, Inc. ("United") reported net income of $13.5 million for the nine months ended September 30, 2025, compared to net income of $20.0 million for the same period last year. Earnings per share for the nine-month period were $4.07 compared to $5.63 for the same period in 2024. Net income for the three months ended September 30, 2025, was $4.2 million as compared to $5.1 million for the third quarter of 2024. Earnings per share for the three-month period were $1.29 versus $1.45 for the same period in 2024.

QUARTERLY HIGHLIGHTS

• Net interest margin of 4.6%
• Repurchased 56,000 shares of UBAB stock
• Nonperforming assets decreased 48% from prior year

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

FAQ

What were United Bancorporation of Alabama (UBAB) net income and EPS for the nine months ended September 30, 2025?

Net income was $13.5 million and diluted EPS was $4.07 for the nine months ended September 30, 2025.

How did UBAB perform in Q3 2025 compared with Q3 2024?

Q3 2025 net income was $4.2 million versus $5.1 million in Q3 2024; Q3 EPS was $1.29 versus $1.45.

What is UBAB's reported net interest margin for Q3 2025?

The reported net interest margin for the quarter was 4.6%.

How much stock did United Bancorporation of Alabama repurchase in Q3 2025?

The company repurchased 56,000 shares of UBAB stock.

What change occurred in UBAB's nonperforming assets year-over-year through September 30, 2025?

Nonperforming assets decreased by 48% compared to the prior year period.