United Community Banks (UCBI) Tops Q3 EPS by 16c

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United Community Banks, Inc. Reports Third Quarter Results

October 19, 2021 4:30 PM EDT

GREENVILLE, S.C., Oct. 19, 2021 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (United) today announced that net income for the third quarter was $73.8 million and pre-tax, pre-provision income was $84.4 million. Diluted earnings per share of $0.82 for the quarter represented an increase of $0.30 or 58%, from the third quarter a year ago, and represented an increase of $0.04 or 5% from the second quarter of 2021. On an operating basis, Uniteds diluted earnings per share of $0.83 was up 51% over the year ago quarter. Uniteds GAAP return on assets (ROA) was 1.48% and its... More