Overview
United Bancorporation Q3 net income falls to $4.2 mln from $5.1 mln last year
EPS for Q3 declines to $1.29 from $1.45 in the previous year
Company repurchased 56,000 shares of UBAB stock
Result Drivers
NET INTEREST MARGIN - Co reports a net interest margin of 4.6% for Q3
NONPERFORMING ASSETS - Nonperforming assets decreased 48% from prior year
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
$1.29
Q3 Net Income
$4.20 mln
Q3 Net Interest Margin
4.60%
Analyst Coverage
The one available analyst rating on the shares is "strong buy"
The average consensus recommendation for the banks peer group is "buy."
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago
Press Release: ID:nPnbJw8sVa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
