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UCBI

United Community Banks Inc

$36.24

Earnings Summary

Revenue
$206.37Mn
Net Profits
$66.84Mn
Net Profit Margins
32.39%
PE Ratio
10.43

Highlights

Revenue:

United Community Banks Inc’s revenue jumped 22.29% since last year same period to $206.37Mn in the Q2 2022. On a quarterly growth basis, United Community Banks Inc has generated 4.29% jump in its revenue since last 3-months.

Net Profits:

United Community Banks Inc’s net profit fell -4.86% since last year same period to $66.84Mn in the Q2 2022. On a quarterly growth basis, United Community Banks Inc has generated 39.2% jump in its net profits since last 3-months.

Net Profit Margins:

United Community Banks Inc’s net profit margin fell -22.21% since last year same period to 32.39% in the Q2 2022. On a quarterly growth basis, United Community Banks Inc has generated 33.47% jump in its net profit margins since last 3-months.

PE Ratio:

United Community Banks Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 10.43.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the United Community Banks Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.75
EPS Estimate Current Year
0.75

Highlights

EPS Estimate Current Quarter:

United Community Banks Inc’s earning per share (EPS) estimates for the current quarter stand at 0.75 - a 10.29% jump from last quarter’s estimates.

EPS Estimate Current Year:

United Community Banks Inc’s earning per share (EPS) estimates for the current year stand at 0.75.

Key Ratios

Key ratios of the United Community Banks Inc post its Q2 2022 earnings

Earning Per Share (EPS)
0.66
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.13
Dividend Per Share (DPS)
0.78

Highlights

Earning Per Share (EPS):

United Community Banks Inc’s earning per share (EPS) fell -16.46% since last year same period to 0.66 in the Q2 2022. This indicates that the United Community Banks Inc has generated -16.46% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

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.

Earning Per Share (EPS):

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 0.13.

Dividend Per Share (DPS):

United Community Banks Inc declared 0.78 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-06
0.54
0.5
-7.41%
2022-06-30
0.68
0.66
-2.94%

Company Information

United Community Banks, Inc. is a bank holding company headquartered in Blairsville, Georgia, with executive offices in Greenville, South Carolina. United is one of the largest full-service financial institutions in the Southeast, with $17.8 billion in assets, and 160 offices in Florida, Georgia, North Carolina, South Carolina and Tennessee. United Community Bank, United's wholly-owned bank subsidiary, specializes in personalized community banking services for individuals, small businesses and companies throughout its geographic footprint, including Florida under the brand Seaside Bank and Trust. Services include a full range of consumer and commercial banking products, including mortgage, advisory, treasury management, and wealth management. Respected national research firms consistently recognize United for outstanding customer service. In 2020, J.D. Power ranked United highest in customer satisfaction with retail banking in the Southeast, marking six out of the last seven years United earned the coveted award. United was also named 'Best Banks to Work For' by American Banker in 2020 for the fourth year in a row based on employee satisfaction. Forbes included United in its inaugural list of the World's Best Banks in 2019 and again in 2020. Forbes also recognized United on its 2020 list of the 100 Best Banks in America for the seventh consecutive year. United also received five Greenwich Excellence Awards in 2019 for excellence in Small Business Banking and Middle Market Banking, including a national award for Overall Satisfaction in Small Business Banking.

Organisation
United Community Banks Inc
Headquarters
Blairsville, Georgia, US
Employees
2.41K
Industry
Finance
CEO
Jimmy Tallent