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$6 Million in New Markets Tax Credit Financing for the Acquisition, Renovation, and Equipping of a Tractor Assembly Facility in Monroeville, AL
ATMORE, Ala., Aug. 18, 2026 /PRNewswire/ -- UB Community Development (UBCD), a community development partner of United Bank is pleased to announce its role in the $28 million New Markets Tax Credits (NMTC) financing for the redevelopment of a former apparel distribution facility into an assembly, manufacturing and distribution plant in Monroeville, Alabama.
Delivers net income and EPS growth for both 1H and Q2 Marks four consecutive quarters of deposit growth ATMORE, Ala., Aug. 5, 2026 /PRNewswire/ -- (OTCQX: UBAB) - United Bancorporation of Alabama, Inc. reported net income of $11.3 million for the six months ended June 30, 2026, compared to net income of $9.3 million for the same period last year, representing an approximate 21.5% increase.
ATMORE, Ala., July 8, 2026 /PRNewswire/ -- (OTCQX: UBAB) - United Bancorporation of Alabama, Inc. (the "Company"), the parent company of United Bank (the "Bank"), confirmed that it has received the letter jointly issued by Merion Road Capital Management and Blue Hill Advisors LLC on July 7, 2026.
MIAMI, July 7, 2026 /PRNewswire/ -- Merion Road Capital Management, LLC and Blue Hill Advisors LLC today issued a letter to United Bancorporation of Alabama, Inc (OTC: UBAB) urging the Board of Directors to execute a sizable tender offer utilizing its excess capital, improve operating efficiencies, and strengthen its corporate governance with a reassessment of its directors. A full copy of the letter is provided below: July 7, 2026 The Board of DirectorsUnited Bancorporation of Alabama, Inc.200 East Nashville AvenueAtmore AL, 36502 Attention: Michael Vincent, President and CEO, and the Board of Directors Merion Road Capital Management and Blue Hill Advisors (together, "we") have been investors in United Bancorporation of Alabama, Inc. ("UBAB" or the "Company") since 2022 and currently own approximately 2% of the outstanding shares.
ATMORE, Ala., June 18, 2026 /PRNewswire/ -- (OTCQX: UBAB)- United Bancorporation of Alabama, Inc. announces a semiannual dividend of $0.71 per share.
United Bancorporation of Alabama, Inc. Announces Renewal of Stock Repurchase Program PR Newswire ATMORE, Ala., M
ATMORE, Ala., May 12, 2026 /PRNewswire/ -- (OTCQX: UBAB) - United Bancorporation of Alabama, Inc. ("United"), announced today that its Board of Directors has approved a renewed stock repurchase program (the "Repurchase Program").
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