Professional
Added to YB: 2024-09-24
Pitch date: 2024-09-24
UBAB [bullish]
United Bancorporation of Alabama, Inc.
+10.21%
current return
Author Info
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Company Info
United Bancorporation of Alabama, Inc. operates as the bank holding company for United Bank that provides banking services in the United States.
Market Cap
$168.9M
Pitch Price
$48.91
Price Target
N/A
Dividend
2.40%
EV/EBITDA
N/A
P/E
6.54
EV/Sales
N/A
Sector
Banks
Category
value
Show full summary:
United Bancorporation of Alabama (UBAB)
UBAB: Community bank up 19% YTD, 70% from avg cost. Record earnings & ROE from specialty loans & grant-subsidized biz. Trades at 5.7x trailing earnings, 80% adj tangible book. Overcapitalized w/ low-cost preferred capital. Potential buyback/tender offer. 6.5x normalized earnings, multi-year upside.