United Community Banks Inc reports results for the quarter ended June 30 - Earnings Summary
United Community Banks Inc reports results for the quarter ended June 30 - Earnings Summary
United Community Banks Inc UCB.N reported quarterly adjusted earnings of 71 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 66 cents. The mean expectation of seven analysts for the quarter was for earnings of 81 cents per share. Wall Street expected results to range from 71 cents to $1.00 per share.
Revenue rose 7.3% to $279.28 million from a year ago; analysts expected $280.08 million.
United Community Banks Inc's reported EPS for the quarter was 95 cents.
The company reported quarterly net income of $115.64 million.
United Community Banks Inc shares had risen by 2.7% this quarter and gained 15.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 11.8% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
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 also "buy"
Wall Street's median 12-month price target for United Community Banks Inc is $39.25, about 8.2% above its last closing price of $36.03
This summary was machine generated from LSEG data July 21 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.81 | 0.71 | Missed |
Mar. 31 2026 | 0.70 | 0.70 | Met |
Dec. 31 2025 | 0.71 | 0.71 | Met |
Sep. 30 2025 | 0.70 | 0.75 | Beat |
Recent news on United Community Banks
See all newsUnited Community Banks Inc reports results for the quarter ended September 30 - Earnings Summary
United Community Banks posts Q3 net loss
Brief: United Community Banks, Inc. Announces Completion Of Sale Of Navitas Equipment Finance Business To Funds Managed By Wafra Inc.
Brief: United Community Names Tom Speir As New Chief Financial Officer
Brief: United Community Names Tom Speir As New Chief Financial Officer