Professional
Added to YB: 2024-07-19
Pitch date: 2024-07-13
UBAB [bullish]
United Bancorporation of Alabama, Inc.
+10.43%
current return
Author Info
Merion Road Capital is a fund in Miami focused on value-oriented investing through rigorous fundamental analysis of a company's operations. Follow on Twitter/X.
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
$48.81
Price Target
N/A
Dividend
2.40%
EV/EBITDA
N/A
P/E
6.54
EV/Sales
N/A
Sector
Banks
Category
value
Merion Road Capital Portfolio Holding: United Bancorporation of Alabama, Inc.
UBAB: Strong Q4, mgmt signals capital returns. Still cheap at 6.5x norm earnings. Low-risk opp w/ attractive multi-year returns. Overcapitalized w/ low-cost perpetual preferred from Treasury. Recent stock appreciation but upside remains.
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