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United Bancorporation of Alabama's Q1 profit rises

ReutersApr 30, 2026 2:09 PM
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Overview

  • US regional bank's Q1 net income rose yr/yr

  • Earnings per share for Q1 increased to $1.80 from $1.42 yr/yr

  • UB Community Development generated $2.3 mln in NMTC revenues


Outlook

  • Company did not provide specific guidance or outlook for future quarters in press release


Result Drivers

  • NMTC REVENUE - UB Community Development generated $2.3 mln in New Markets Tax Credit revenues


Company press release: ID:nPnxJXmza


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 EPS

$1.80

Q1 Net Income

$5.40 mln


Analyst Coverage

  • The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

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