United Community Banks (UCBI) Tops Q4 EPS by 2c

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Go back to United Community Banks (UCBI) Tops Q4 EPS by 2c

United Community Banks, Inc. Announces Fourth Quarter Results

January 22, 2019 5:00 PM EST

GREENVILLE, S.C., Jan. 22, 2019 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (United) today announced its fourth quarter financial results, which reflected solid year-over-year loan and deposit growth, improving operating efficiency and continued strong asset quality. For the quarter, diluted earnings per share was $0.56 compared with a net loss of $0.16 per diluted share a year ago due to the impact of tax reform. Operating diluted earnings per share, which exclude merger-related and other charges, was $0.57, an increase of 36% over the previous year. Profitability ratios continued to be strong United ended the... More