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United Bancorp Of Alabama (United Bancorp Of Alabama) Equity-to-Asset : 0.18 (As of Mar. 2024)


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What is United Bancorp Of Alabama Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. United Bancorp Of Alabama's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $253.21 Mil. United Bancorp Of Alabama's Total Assets for the quarter that ended in Mar. 2024 was $1,393.82 Mil. Therefore, United Bancorp Of Alabama's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.18.

The historical rank and industry rank for United Bancorp Of Alabama's Equity-to-Asset or its related term are showing as below:

UBAB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.11   Max: 0.18
Current: 0.18

During the past 13 years, the highest Equity to Asset Ratio of United Bancorp Of Alabama was 0.18. The lowest was 0.07. And the median was 0.11.

UBAB's Equity-to-Asset is ranked better than
92.23% of 1467 companies
in the Banks industry
Industry Median: 0.09 vs UBAB: 0.18

United Bancorp Of Alabama Equity-to-Asset Historical Data

The historical data trend for United Bancorp Of Alabama's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

United Bancorp Of Alabama Equity-to-Asset Chart

United Bancorp Of Alabama Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.10 0.10 0.15 0.18

United Bancorp Of Alabama Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.17 0.17 0.18 0.18

Competitive Comparison of United Bancorp Of Alabama's Equity-to-Asset

For the Banks - Regional subindustry, United Bancorp Of Alabama's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


United Bancorp Of Alabama's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, United Bancorp Of Alabama's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where United Bancorp Of Alabama's Equity-to-Asset falls into.



United Bancorp Of Alabama Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

United Bancorp Of Alabama's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=248.636/1389.987
=0.18

United Bancorp Of Alabama's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=253.214/1393.817
=0.18

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


United Bancorp Of Alabama  (OTCPK:UBAB) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


United Bancorp Of Alabama Equity-to-Asset Related Terms

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United Bancorp Of Alabama (United Bancorp Of Alabama) Business Description

Traded in Other Exchanges
N/A
Address
200 East Nashville Avenue, Atmore, AL, USA, 36502
United Bancorp Of Alabama Inc is a bank holding company, which offers a broad range of banking services. The company serves the areas of Baldwin, Escambia, and Monroe Counties, Alabama, and Santa Rosa County, Florida. Some of its services include Personal Loans; Visa Credit Cards; Online/Mobile Banking; Safe Deposit Boxes and others.
Executives
Leslie H Cunningham director P O BOX 8, ATMORE AL 36502
Richard King Maxwell director P O BOX 8, ATMORE AL 36502
Dale M Ash director P.O. DRAWER 8, ATMORE AL 36504
Allen Jr Jones officer: CFO & Treasurer P O BOX 8, ATMORE AL 365074
John Wayne Trawick director P O BOX 8, ATMORE AL 36502
Jones Robert R Iii director, officer: President P.O. DRAWER 8, ATMORE AL 36504
William J Justice director P.O. DRAWER 8, ATMORE AL 36504
L Walter Crim director P.O. DRAWER 8, ATMORE AL 36504
David D Swift director, officer: Secretary P.O. DRAWER 8, ATMORE AL 36504
Michael R Andreoli director P.O. DRAWER 8, ATMORE AL 36504
William C Grissett director P.O. DRAWER 8, ATMORE AL 36504