United Community Banks, Inc. Reports Fourth Quarter and Full Year Results

United Community Banks, Inc. (UCB)
Company Research
Source: GlobeNewswire
GREENVILLE, S.C., Jan. 22, 2025 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NYSE: UCB) (United) today announced net income for the fourth quarter of 2024 of $75.8 million and pre-tax, pre-provision income of $108 million. Diluted earnings per share of $0.61 for the quarter represented an increase of $0.50 from the fourth quarter a year ago and an increase of $0.23 from the third quarter of 2024. As previously reported, the fourth quarter of 2023 included a loss from restructuring our investment securities portfolio and the third quarter of 2024 included the loss from the sale of manufactured housing loans. For the full year of 2024, net income was $252 million and pre-tax, pre-provision income was $374 million, compared with
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UCB
News
- United Community earns Coalition Greenwich Best Bank awards for Middle Market and Small Business BankingPR Newswire
- United Community Banks, Inc. Announces Quarterly Cash Dividend on Common StockGlobeNewswire
- United Community Banks, Inc. Announces Quarterly Cash Dividend on Preferred StockGlobeNewswire
- Why United Community Banks (UCB) is a Great Dividend Stock Right Now [Yahoo! Finance]Yahoo! Finance
- United Community Banks, Inc. (NASDAQ: UCB) had its price target raised by analysts at Piper Sandler from $32.00 to $35.00. They now have a "neutral" rating on the stock.MarketBeat
UCB
Earnings
- 10/23/24 - Miss
UCB
Sec Filings
- 3/7/25 - Form 425
- 2/27/25 - Form 10-K
- 2/21/25 - Form 425
- UCB's page on the SEC website