ATMORE, Ala., March 9, 2020 /PRNewswire/ -- United Bancorporation of Alabama Inc. (OTCQX: UBAB), headquartered in Atmore, focused on a multi bottom line mission of strong financial performance, community development and economic development, today announced that Robert R. Jones III, President & CEO, will present live at VirtualInvestorConferences.com on March 12th.
DATE: Thursday, March 12th
TIME: 1:30 ET
LINK: https://tinyurl.com/OTCBankVIC-031220
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day on the day of the conference, an archived webcast will be also made available after the event.
It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.
Learn more about the event at www.VirtualInvestorConferences.com
Recent Company Highlights
- 2019 net income was $9.7 million, which produced an EPS of $2.89.
- In 2019, total assets grew 14.6% while loans grew 11.1%.
- In 2019, deposits grew 8.6%. Non-interest bearing deposits comprised over 40.0% of the deposit base, which helps maintain 0.53% cost of funds.
- Dividends declared in 2019 increased 35.5% from prior year. The December semi-annual dividend of $0.13 per share is an increase of 62.5% from the prior dividend of $0.08 per share.
About United Bancorporation of Alabama, Inc.
United Bancorporation of Alabama, Inc. (OTCQX:UBAB) is the parent company for two wholly owned subsidiaries, United Bank and UB Community Development, a community development partner of United Bank. The Corporation primarily serves southwest Alabama and northwest Florida through its 21 retail offices and 3 commercial lending offices. With more than 116 years of community banking commitment, our business model is a powerful, evolving solution of banking verticals and niches that are intertwined to create a nimble, innovative enterprise. Our talented management team has extensive experience in leveraging niches into profitable lines of product mixes that position the bank for growth.
About Virtual Investor Conferences®
Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly-traded companies to meet and present directly with investors.
A real-time solution for investor engagement, Virtual Investor Conferences is part of OTC Market Group's suite of investor relations services specifically designed for more efficient Investor Access. Replicating the look and feel of on-site investor conferences, Virtual Investor Conferences combine leading-edge conferencing and investor communications capabilities with a comprehensive global investor audience network.
SOURCE VirtualInvestorConferences.com