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United Bancorporation of Alabama reports strong Q4 earnings but sees net income fall year-over-year.
United Bancorporation of Alabama reported a Q4 earnings per share of $2.00, with a net margin of 31.02% and return on equity of 22.48%.
Despite these figures, the company's net income for the year and quarter fell compared to the previous year.
The stock price dropped $0.85 to $56.75 on Friday, and the company recently increased its dividend to $0.60 per share.
United Bancorporation of Alabama provides various banking services and supports economic development in underserved communities.
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United Bancorporation of Alabama reporta fuertes ganancias Q4, pero ve ingresos netos caer año tras año.