United Community Banks' Q2 EPS rises 14%

United Community Banks

23/07/2025 12:42

Overview

United Community Banks Q2 EPS rises $0.09 yr/yr to $0.63

Net income for Q2 reaches $78.7 mln, driven by higher net interest income

Co completed acquisition of American National Bank

Outlook

Company did not provide specific guidance for future quarters or full year

Result Drivers

NET INTEREST INCOME - Higher net interest income was a primary driver of increased EPS, aided by a 14 basis point improvement in net interest margin

CREDIT LOSS PROVISION - Lower provision for credit losses contributed to improved earnings, with a decrease of $3.6 mln from the previous quarter

ASSET MIX - Loan growth was funded by cash flow from securities, improving the earning asset mix

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$0.63
Q2 Net Income
$78.73 mln
Q2 Credit Loss Provision
$11.82 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for United Community Banks Inc is $33.50, about 6.7% above its July 22 closing price of $31.27

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nGNX96lX0r

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)