United Community Banks (UCBI) Reports In-Line Q4 EPS

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United Community Banks, Inc. Reports Net Income of $18.2 Million for Fourth Quarter 2014, Up 15 Percent From a Year Ago

January 21, 2015 5:30 AM EST

Earnings per diluted share of 30 cents, up 36 percent from fourth quarter of 2013 Loans up $103 million, or 9 percent annualized Net interest margin stabilizes at 3.31 percent Operating efficiency improves to 57.5 percent on strong revenue growth

BLAIRSVILLE, Ga., Jan. 21, 2015 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (Nasdaq: UCBI) ("United") today reported net income of $18.2 million, or 30 cents per diluted share, for the fourth quarter of 2014. Earnings per share were up 36 percent from a year ago. The increases reflect strong loan growth, a stable net interest margin and growth... More