OTCPK:UBAB

Stock Analysis Report

United Bancorporation of Alabama

Executive Summary

United Bancorporation of Alabama, Inc. operates as the holding company for United Bank that provides commercial banking services.

Snowflake

Fundamentals

Flawless balance sheet with solid track record.

Risks

  • United Bancorporation of Alabama is not covered by any analysts.

Share Price & News

How has United Bancorporation of Alabama's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.2%

OTCPK:UBAB

0.3%

US Banks

0.9%

US Market


1 Year Return

-6.3%

OTCPK:UBAB

-13.6%

US Banks

0.3%

US Market

UBAB outperformed the Banks industry which returned -14.2% over the past year.

UBAB underperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

UBABIndustryMarket
7 Day0.2%0.3%0.9%
30 Day0.2%-5.1%-1.9%
90 Day-1.0%-3.5%1.6%
1 Year-5.6%-6.3%-11.2%-13.6%2.6%0.3%
3 Year129.6%123.9%43.6%33.7%41.0%31.8%
5 Year175.6%160.0%53.7%37.0%55.2%38.0%

Price Volatility Vs. Market

How volatile is United Bancorporation of Alabama's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is United Bancorporation of Alabama undervalued based on future cash flows and its price relative to the stock market?

6%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

United Bancorporation of Alabama's share price is below the future cash flow value, but not at a moderate discount (< 20%).

United Bancorporation of Alabama's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

United Bancorporation of Alabama is good value based on earnings compared to the US Banks industry average.

United Bancorporation of Alabama is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for United Bancorporation of Alabama, we can't assess if its growth is good value.


Price Based on Value of Assets

United Bancorporation of Alabama is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is United Bancorporation of Alabama expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

-7.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if United Bancorporation of Alabama is high growth as no revenue estimate data is available.

United Bancorporation of Alabama's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare United Bancorporation of Alabama's revenue growth to the United States of America market average as no estimate data is available.

United Bancorporation of Alabama's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

United Bancorporation of Alabama's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if United Bancorporation of Alabama will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has United Bancorporation of Alabama performed over the past 5 years?

36.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

United Bancorporation of Alabama has delivered over 20% year on year earnings growth in the past 5 years.

United Bancorporation of Alabama's 1-year earnings growth exceeds its 5-year average (185.8% vs 36%)

United Bancorporation of Alabama's earnings growth has exceeded the US Banks industry average in the past year (185.8% vs 33.2%).


Return on Equity

United Bancorporation of Alabama has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

United Bancorporation of Alabama used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if United Bancorporation of Alabama improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is United Bancorporation of Alabama's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

United Bancorporation of Alabama has an acceptable proportion of non-loan assets held.

United Bancorporation of Alabama has a sufficient allowance for bad loans.

United Bancorporation of Alabama's liabilities are made up of primarily low risk sources of funding.

United Bancorporation of Alabama's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at United Bancorporation of Alabama are broadly funded by customer deposits.

United Bancorporation of Alabama has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is United Bancorporation of Alabama's current dividend yield, its reliability and sustainability?

0.79%

Current Dividend Yield


Dividend Yield and Payments Analysis

United Bancorporation of Alabama's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

United Bancorporation of Alabama's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

United Bancorporation of Alabama is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.

United Bancorporation of Alabama is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.


Current Payout to Shareholders

No need to calculate the sustainability of United Bancorporation of Alabama's dividends as it is not paying a notable one for United States of America.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of United Bancorporation of Alabama's salary, the management and board of directors tenure and is there insider trading?

13.1yrs

Average board tenure


CEO

Bob Jones (67yo)

13.3yrs

Tenure

US$413,657

Compensation

Mr. Robert R. Jones III, also known as Bob joined United Bank in 1990 and became President and CEO in 1992. He serves on the Auburn Magazine Board of Directors, the Industrial Development Board for the Cit ...


Board Age and Tenure

13.1yrs

Average Tenure

65yo

Average Age

The average tenure for the United Bancorporation of Alabama board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Bob Jones (67yo)

    President

    • Tenure: 13.3yrs
    • Compensation: US$413.66k
  • Tina Brooks

    VP & Corporate Secretary

    • Tenure: 0.0yrs
  • Gwen Braden

    Chief Operations Officer

    • Tenure: 6.3yrs
  • Mike Vincent

    Chief Credit Officer

    • Tenure: 0.0yrs
  • Leigh Russell-Jones

    Chief Financial Officer

    • Tenure: 0.0yrs
  • Alex Jones

    President of UB Community Development

    • Tenure: 0.0yrs
  • Justin Jennings

    Chief Retail Officer

    • Tenure: 0.0yrs
  • Carolyn Faulkner

    Controller

    • Tenure: 0.0yrs

Board Members

  • L. Crim (73yo)

    Director

    • Tenure: 22.6yrs
    • Compensation: US$18.45k
  • Dale Ash (59yo)

    Director

    • Tenure: 17.6yrs
    • Compensation: US$18.60k
  • Bob Jones (67yo)

    President

    • Tenure: 13.3yrs
    • Compensation: US$413.66k
  • David Swift (68yo)

    Chairman of the Board

    • Tenure: 5.6yrs
    • Compensation: US$22.85k
  • Michael Andreoli (57yo)

    Director

    • Tenure: 15.3yrs
    • Compensation: US$18.60k
  • Richard Maxwell (67yo)

    Director

    • Tenure: 10.9yrs
    • Compensation: US$17.85k
  • Ricky Smith (63yo)

    Director

    • Tenure: 7.1yrs
  • Charles Cottrell (62yo)

    Director

    • Tenure: 2.3yrs

Company Information

United Bancorporation of Alabama, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: United Bancorporation of Alabama, Inc.
  • Ticker: UBAB
  • Exchange: OTCPK
  • Founded: 1904
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$73.657m
  • Shares outstanding: 3.66m
  • Website: https://www.unitedbank.com

Location

  • United Bancorporation of Alabama, Inc.
  • 200 East Nashville Avenue
  • PO Box 8
  • Atmore
  • Alabama
  • 36502
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UBABOTCPK (Pink Sheets LLC)YesClass A Common StockUSUSDAug 2004

Biography

United Bancorporation of Alabama, Inc. operates as the holding company for United Bank that provides commercial banking services. The company offers checking and savings accounts, certificates of deposit,  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 23:55
End of Day Share Price2019/08/19 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.