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Added to YB: 2024-07-10

Pitch date: 2024-07-09

UBAB [bullish]

United Bancorporation of Alabama, Inc.

+15.03%

current return

Author Info

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

$46.86

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:
What's in my Deep Value Portfolio? - United Bancorporation of Alabama, Inc.

UBAB: Overcapitalized ECIP bank at 5-6x P/E. Q1 call hinted at potential buyback/tender offer, stock +20%. Higher ROE vs CZBS, similar efficiency ratio. Many growth opportunities. Investment thesis mirrors CZBS case.

Read full article (1 min)