United Community Banks, Inc. Reports First Quarter Results
United Community Banks, Inc. (UCBI)
Last united community banks, inc. earnings: 4/21 05:30 pm
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US:NASDAQ Investor Relations:
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Source: GlobeNewswire
GREENVILLE, S.C., April 21, 2020 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (“United”) today reported first quarter financial results, with solid year-over-year loan and deposit growth. United delivered net income of $31.9 million, pre-tax pre-provision income of $62.9 million, and built its allowance for credit losses with a $22.2 million provision for credit losses given the uncertain environment. Diluted earnings per share were $0.40, a decrease of $0.15 or 27% from a year ago. Excluding merger-related and other charges, diluted operating earnings per share were $0.41, also down 27% from last year. United’s return on assets (“ROA”) was 0.99% and its return on common equity was 7.9% for the quarter. On an operating basis, United’s ROA was 1.01% and its return on tangible common equity was 10.6%. Chairman and CEO Lynn Harton stated, “While I am pleased to report a solid quarter in a difficult environment, I am most proud of how our employees are delivering fo
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News
- United Community Banks, Inc. (NASDAQ:UCBI) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- United Community Banks, Inc. (NASDAQ: UCBI) had its price target lowered by analysts at Piper Sandler from $30.00 to $28.00. They now have a "neutral" rating on the stock.MarketBeat
- Compared to Estimates, United Community Banks (UCBI) Q1 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
- United Community Banks, Inc. Reports First Quarter ResultsGlobeNewswire
- United Community Banks, Inc. (NASDAQ:UCBI) is a favorite amongst institutional investors who own 83% [Yahoo! Finance]Yahoo! Finance
UCBI
Earnings
- 4/24/24 - Beat
UCBI
Sec Filings
- 4/24/24 - Form 8-K
- 4/4/24 - Form ARS/A
- 4/4/24 - Form ARS
- UCBI's page on the SEC website