Earnings Summary

United Community Banks Inc’s revenue jumped 65.2% since last year same period to $382.42Mn in the Q2 2024. On a quarterly growth basis, United Community Banks Inc has generated 63.43% jump in its revenue since last 3-months.

United Community Banks Inc’s net profit jumped 5.26% since last year same period to $66.61Mn in the Q2 2024. On a quarterly growth basis, United Community Banks Inc has generated 6.36% jump in its net profits since last 3-months.

United Community Banks Inc’s net profit margin fell -36.29% since last year same period to 17.42% in the Q2 2024. On a quarterly growth basis, United Community Banks Inc has generated -34.92% fall in its net profit margins since last 3-months.

United Community Banks Inc’s earning per share (EPS) estimates for the current quarter stand at 0.59 - a 15.69% jump from last quarter’s estimates.

United Community Banks Inc’s earning per share (EPS) estimates for the current year stand at 0.59.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. United Community Banks Inc’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. United Community Banks Inc’s return on equity (ROE) stands at 0.06.