Professional
Added to YB: 2024-02-15
Pitch date: 2024-02-14
UBAB [bullish]
United Bancorporation of Alabama, Inc.
+38.79%
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
$38.83
Price Target
N/A
Dividend
2.40%
EV/EBITDA
N/A
P/E
6.54
EV/Sales
N/A
Sector
Banks
Category
growth
Show full summary:
Bonhoeffer Capital Management Portfolio Holding - United Bancorporation of Alabama
UBAB: CDFI bank w/ 4.6% NIM, 17% loan growth, 1% NPAs, 48% efficiency, 20-25% non-interest income/NII. $124M ECIP preferred, 13x equity/assets, 28% ROE, 5.1x P/E. Mgmt owns 4%, repurchased 6% in 2yrs. Grows via CDFI loans & Gulf Coast real estate dev't.
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