United Bancorporation of Alabama, Inc. Announces First Quarter Results [Yahoo! Finance]
UNITED BNCRP OF AL INC A (UBAB)
Company Research
Source: Yahoo! Finance
United reported unaudited consolidated net income of $6.2 million or earnings per share of for the three months ended March 31, 2024 , as compared to net income of $6.7 million or earnings per share of for the same period last year. QUARTERLY HIGHLIGHTS Net interest margin of 4.54% Cost of funds of 1.21% Year-over-year loan growth of $62.3 million or 8.2% 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, Town-Country 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 three subsidiaries operate 22 locations across five counties. Town-Country United Bank serves Wilcox County and surrounding counties. UB Community Development focuses on economic and community development through New Markets Tax
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