United Bancorporation of Alabama, Inc. Announces Fourth Quarter Results

January 26, 2024

ATMORE, Ala., Jan. 26, 2024 /PRNewswire/ — (OTCQX: UBAB)- United Bancorporation of Alabama, Inc. announces its financial results for the period ended December 31, 2023. United reported unaudited consolidated net income of $31.5 million or earnings per share of $8.69 for the twelve months ended December 31, 2023, as compared to net income of $18.6 million or earnings per share of $5.11 for the same period last year. For the three months ended December 31, 2023, unaudited net income was $10.4 million or earnings per share of $2.95, as compared to net income of $5.2 million or earnings per share of $1.43 for the same period last year. 

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