2024-03-10 11:53:43 ET
Summary
- United Bancorporation of Alabama is a small bank focused on operating in Alabama with $1.4 billion in assets.
- The bank has experienced growth in net interest income and net profits, but non-interest income has dipped slightly.
- The value of loans and deposits has increased, pushing the bank's book value per share up over the past three years.
- Shares are also attractively priced and its assets are of a fairly high quality.
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United Bancorporation of Alabama Makes For A Compelling Opportunity