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United Bancorporation of Alabama, Inc. Reports Impressive Third Quarter Results for 2026

United Bancorporation of Alabama, Inc. has put forth a commendable performance in its financial results for the third quarter of 2026, showcasing a solid increase in both net income and earnings per share compared to the previous year. This growth is evident in the recently released figures which highlight not just the overall profitability but also the efficiency of the bank's operational strategies in a competitive environment.

For the nine months ending on September 30, 2026, the company recorded a net income of $16.0 million, a notable increase from $13.5 million during the same timeframe last year. With this performance, the earnings per share escalated to $5.23, up from $4.07 in 2025, reflecting the company’s capacity to enhance shareholder value effectively. This positive trend extended to the last quarter of the reporting period as well. The third quarter itself saw a net income of $4.7 million, rising from $4.2 million in the previous year. This has translated into earnings per share of $1.53, an increase from $1.29 when compared to the third quarter of 2025.

The impressive results can largely be attributed to United Bancorporation’s commitment to its role as a community-focused financial institution. Operating within Southwest Alabama and Northwest Florida, the bank and its parent company are dedicated to stimulating economic development, particularly in underserved areas, as exemplified through their designation as a Community Development Financial Institution (CDFI).

In addition to traditional banking services, United Bancorporation is actively involved in community initiatives through its subsidiary, UB Community Development. This organization primarily focuses on these communities by providing essential programs including New Markets Tax Credits, affordable housing projects, and community facilities development. This multifaceted approach not only bolsters the bank’s financial results but also fosters long-term relationships and trust with the communities they serve.

As of now, United Bancorporation operates 23 locations across six counties, enabling them to have a localized yet expansive reach. The bank’s ongoing focus remains on creating impactful economic opportunities and enhancing quality of life in the regions it serves. Investors and stakeholders can find the complete quarterly report and financial insights on the investor relations section of their website, www.UnitedBank.com.

With these substantial achievements in 2026, United Bancorporation continues to set benchmarks in the financial sector, demonstrating resilience and a forward-thinking approach that aligns with both community growth and shareholder interests.

As the financial landscape continues to evolve, United Bancorporation of Alabama remains committed to navigating challenges with a strategic mindset, ensuring continued success for both the institution and the greater community it serves.