United Community Banks (UCBI) Tops Q1 EPS by 1c

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Go back to United Community Banks (UCBI) Tops Q1 EPS by 1c

United Community Banks, Inc. Reports Net Operating Income of $23.9 Million for First Quarter 2016, up 36 Percent From a Year Ago

April 27, 2016 5:30 AM EDT

Operating earnings per diluted share of 33 cents, up 14 percent from first quarter of 2015Operating return on assets of 1.00 percent compared to .94 percent a year agoOperating return on tangible common equity of 10.91 percent up from 9.46 percent a year agoLoans up $111 million from the fourth quarter of 2015, or 7 percent annualizedCore transaction deposits up $113 million from the fourth quarter of 2015, or 9 percent annualized

BLAIRSVILLE, Ga., April 27, 2016 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (United) today reported first quarter results reflecting strong credit quality, capital management,... More