United Community Banks (UCBI) Tops Q4 EPS by 8c

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Go back to United Community Banks (UCBI) Tops Q4 EPS by 8c

United Community Banks, Inc. Reports Fourth Quarter Results

January 19, 2021 5:00 PM EST

GREENVILLE, S.C., Jan. 19, 2021 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (United) today reported fourth quarter financial results, including solid year-over-year loan and core deposit growth and strong profitability. For the quarter, Uniteds net income was $59.5 million and pre-tax pre-provision income was $80.3 million. Diluted earnings per share of $0.66 for the quarter represented an increase of $0.05 or 8%, from a year ago. Compared to the third quarter, diluted earnings per share were up by $0.14 or 27%. On an operating basis, which excludes merger-related and other charges, diluted earnings per share were $0.68, up... More