#USA #Q3 Results #Alabama #United Bancorporation #Atmore, Alabama

United Bancorporation of Alabama Reports Third Quarter Earnings

On October 31, 2025, United Bancorporation of Alabama, Inc., a prominent financial holding company serving the Southwest Alabama and Northwest Florida regions, released its financial results for the third quarter of 2025. Despite facing a decline in net income compared to the previous year, the company makes significant strides in operational efficiency and continues its commitment to community development.

Financial Performance Overview

For the nine-month period ending September 30, 2025, United Bancorporation reported a net income of $13.5 million, down from $20.0 million during the same period in 2024. This translated to earnings per share of $4.07, a decrease from last year's $5.63. In the third quarter alone, net income was recorded at $4.2 million, reflecting a decline from $5.1 million in the third quarter of 2024. The earnings per share for this quarterly report stood at $1.29, compared to $1.45 in 2024.

Key Highlights of the Quarter

Aside from the financial results, several key highlights were shared in the report:

• - Net Interest Margin: The net interest margin was reported at an impressive 4.6%, indicating effective management of interest income and expenses.
• - Stock Buyback Program: Reinforcing its commitment to shareholder value, the company repurchased 56,000 shares of its stock, demonstrating confidence in its long-term strategy.
• - Reduction in Nonperforming Assets: The company saw a significant decrease in nonperforming assets, down by 48% compared to the previous year, highlighting efforts to enhance asset quality and overall financial health.

Commitment to Community and Economic Development

United Bancorporation, which operates under the banner of United Bank and UB Community Development, is deeply committed to fostering economic growth in underserved communities. Designated as a Community Development Financial Institution (CDFI), the company prioritizes investing in local economies. It operates 23 locations across six counties, focusing on services that stimulate development through New Markets Tax Credits and affordable housing initiatives.

According to a company spokesperson, “Our strong commitment to community development is at the core of our mission. We believe that a robust financial foundation can drive a transformative impact within the communities we serve.” This ethos is evident in their strategic direction and operational choices.

Conclusion

As United Bancorporation navigates changes in the financial landscape, their third-quarter performance reflects both challenges and achievements. The financial results indicate the need for continued vigilance in maintaining profitability, while the commitment to community development showcases their long-term vision for impact. Investors and community members alike will be keenly watching how the company leverages its strengths and addresses its challenges in the upcoming quarters.

For further details and a complete quarterly report, please visit the investor relations section at www.UnitedBank.com. As a member of the FDIC, the company continues to uphold the highest standards of financial security and customer service.