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Keefe, Bruyette & Woods Reiterates Market Perform Rating on United Community Banks (UCBI)

Wed, 04 Sep 2024 10:52:04 -0400

Keefe, Bruyette & Woods reiterated a Market Perform rating and $32.00 price target on United Community Banks (NASDAQ: UCBI).

The analyst commented, "UCB announced today the sale of its manufactured housing ("MH") portfolio ($318mm, 2% of loans) to 21st Mortgage Corporation. The transaction will have a $0.18 negative impact to 3Q24 EPS but should be neutral to EPS moving forward and slightly accretive to regulatory capital ratios. We view the transaction as a net positive for the shares as it reduces risk of a small business line that was already in run-off."

For an analyst ratings summary and ratings history on United

Piper Sandler Reiterates Neutral Rating on United Community Banks (UCBI)

Wed, 04 Sep 2024 07:38:32 -0400

Piper Sandler analyst Stephen Scouten reiterated a Neutral rating and $29.00 price target on United Community Banks (NASDAQ: UCBI).

The analyst commented, "This morning, UCB announced the sale of its manufactured housing loan portfolio totaling $318.2M, originally acquired through the RBNC acquisition in January 2022. The portfolio had been in runoff since United decided to stop originations in 3Q23. The sale is estimated to result in an $0.18 impact to 3Q24 EPS, with a slight accretive effect on regulatory capital ratios. Reinvested cash vs. the MH ex-losses is not appreciably different, but lowers the risk-profile of the bank, and takes an

Piper Sandler Reiterates Neutral Rating on United Community Banks (UCBI)

Fri, 16 Aug 2024 07:33:30 -0400

Piper Sandler analyst Stephen Scouten reiterated a Neutral rating and $29.00 price target on United Community Banks (NASDAQ: UCBI).

The analyst commented, "UCB announced an increase to their share repurchase program from $50M of common stock previously authorized to $100M. This equates to roughly 3% of common shares outstanding at current prices. Additionally, the program's expiration was extended one year to December 31st, 2025 from December 31st, 2024. The bank's previous share repurchase plan was re-authorized In November 2023 and allowed for the repurchase of up to $50M in common stock (none of which was used). United has not repurchased common

Form 10-Q UNITED COMMUNITY BANKS For: Jun 30

Fri, 09 Aug 2024 12:30:00 -0400

http://archive.fast-edgar.com/20240809/AIZZ4222Z22282Z2222W22ZON4PRZR28AV62

Filed on: August 9, 2024

Form 10-Q UNITED COMMUNITY BANKS For: Jun 30

Fri, 09 Aug 2024 12:30:00 -0400

http://archive.fast-edgar.com/20240809/AIZZ4222Z22282Z2222W22ZON4PRZR28AV62

Filed on: August 9, 2024

Form 10-Q UNITED COMMUNITY BANKS For: Jun 30

Fri, 09 Aug 2024 12:30:00 -0400

http://archive.fast-edgar.com/20240809/AIZZ4222Z22282Z2222W22ZON4PRZR28AV62

Filed on: August 9, 2024

Form 25 UNITED COMMUNITY BANKS

Mon, 05 Aug 2024 16:31:00 -0400

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Form 25 UNITED COMMUNITY BANKS

Mon, 05 Aug 2024 16:31:00 -0400

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Form 25 UNITED COMMUNITY BANKS

Mon, 05 Aug 2024 16:31:00 -0400

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Form 13F-NT UNITED COMMUNITY BANKS For: Jun 30

Fri, 02 Aug 2024 10:07:00 -0400

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Form 13F-NT UNITED COMMUNITY BANKS For: Jun 30

Fri, 02 Aug 2024 10:07:00 -0400

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Form 13F-NT UNITED COMMUNITY BANKS For: Jun 30

Fri, 02 Aug 2024 10:07:00 -0400

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Form CERT UNITED COMMUNITY BANKS

Fri, 26 Jul 2024 14:21:00 -0400

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Form CERT UNITED COMMUNITY BANKS

Fri, 26 Jul 2024 14:21:00 -0400

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Form 8-A12B UNITED COMMUNITY BANKS

Fri, 26 Jul 2024 11:27:00 -0400

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Form 8-A12B UNITED COMMUNITY BANKS

Fri, 26 Jul 2024 11:27:00 -0400

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Form 8-K UNITED COMMUNITY BANKS For: Jul 26

Fri, 26 Jul 2024 11:21:00 -0400

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Form 8-K UNITED COMMUNITY BANKS For: Jul 26

Fri, 26 Jul 2024 11:21:00 -0400

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United Community Banks (UCBI) Announces Transfer of Listing of Common Stock and Depositary Shares to NYSE

Fri, 26 Jul 2024 07:31:41 -0400

United Community Banks, Inc. (NASDAQ: UCBI; UCBIO) (the “Company” or “United”) announced today that the Company will transfer the listing of its common stock and its Depositary Shares (each representing 1/1000th interest in a share of Series I Non-Cumulative Preferred Stock) from the Nasdaq Stock Market LLC (“Nasdaq”) to the New York Stock Exchange (“NYSE”). The Company expects to commence trading as a NYSE-listed company upon market open on August 6, 2024. United’s common stock and depositary shares will trade under new ticker symbols, “UCB” and “UCB PRI”, respectively, after the transfer. The Company’s common stock and depositary shares will

United Community Banks (UCBI) Announces Transfer of Listing of Common Stock and Depositary Shares to NYSE

Fri, 26 Jul 2024 07:31:41 -0400

United Community Banks, Inc. Announces Transfer of Listing of Common Stock and Depositary Shares to NYSE