SEC Form CERT filed by United Community Banks Inc.

GREENVILLE, S.C., July 26, 2024 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ:UCBI, UCBIO))) (the "Company" or "United") announced today that the Company will transfer the listing of its common stock and its Depositary Shares (each representing 1/1000th interest in a share of Series I Non-Cumulative Preferred Stock) from the Nasdaq Stock Market LLC ("Nasdaq") to the New York Stock Exchange ("NYSE"). The Company expects to commence trading as a NYSE-listed company upon market open on August 6, 2024. United's common stock and depositary shares will trade under new ticker symbols, "UCB" and "UCB PRI", respectively, after the transfer. The Company's common stock and depositary share

GREENVILLE, S.C., July 24, 2024 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ:UCBI) (United) today announced that net income for the 2024 second quarter was $66.6 million and pre-tax, pre-provision income was $98.2 million. Diluted earnings per share of $0.54 for the quarter represented an increase of $0.01, or 2%, from the second quarter a year ago and an increase of $0.03, or 6%, from the first quarter of 2024. On an operating basis, United's diluted earnings per share of $0.58 was up 5% from the year-ago quarter. The primary drivers of the increased earnings per share year-over-year were higher net interest income and a lower provision for credit losses. The linked-quarter i

GREENVILLE, S.C., June 28, 2024 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ:UCBI) announces it will release its second quarter 2024 financial results on Wednesday, July 24, 2024 before the stock market opens. The company also will hold a conference call at 11:00 a.m. EST on Wednesday, July 24, 2024 to discuss its financial results, business highlights and outlook. Participants can pre-register for the conference call by navigating to https://dpregister.com/sreg/10190532/fcfa86e478. Those without internet access or unable to pre-register may dial in by calling 1-866-777-2509. Participants are encouraged to dial in 15 minutes prior to the call start time. The conference call al

Piper Sandler downgraded United Comm Banks from Overweight to Neutral and set a new price target of $27.00 from $31.00 previously

Keefe Bruyette downgraded United Comm Banks from Outperform to Mkt Perform and set a new price target of $30.00 from $33.00 previously

Stephens initiated coverage of United Comm Banks with a rating of Overweight and set a new price target of $34.00

Truist Securities analyst Brandon King maintains United Community Banks (NASDAQ:UCBI) with a Hold and raises the price target from $26 to $31.

Keefe, Bruyette & Woods analyst Catherine Mealor maintains United Community Banks (NASDAQ:UCBI) with a Market Perform and raises the price target from $28 to $32.

United Community Banks (NASDAQ:UCBI) reported quarterly earnings of $0.58 per share which beat the analyst consensus estimate of $0.51 by 13.73 percent. This is a 5.45 percent increase over earnings of $0.55 per share from the same period last year. The company reported quarterly sales of $245.256 million which beat the analyst consensus estimate of $238.951 million by 2.64 percent. This is a 3.63 percent increase over sales of $236.673 million the same period last year.

SC 13G/A - UNITED COMMUNITY BANKS INC (0000857855) (Subject)

SC 13G - UNITED COMMUNITY BANKS INC (0000857855) (Subject)

SC 13G/A - UNITED COMMUNITY BANKS INC (0000857855) (Subject)

GREENVILLE, S.C., July 24, 2024 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ:UCBI) (United) today announced that net income for the 2024 second quarter was $66.6 million and pre-tax, pre-provision income was $98.2 million. Diluted earnings per share of $0.54 for the quarter represented an increase of $0.01, or 2%, from the second quarter a year ago and an increase of $0.03, or 6%, from the first quarter of 2024. On an operating basis, United's diluted earnings per share of $0.58 was up 5% from the year-ago quarter. The primary drivers of the increased earnings per share year-over-year were higher net interest income and a lower provision for credit losses. The linked-quarter i

GREENVILLE, S.C., June 28, 2024 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ:UCBI) announces it will release its second quarter 2024 financial results on Wednesday, July 24, 2024 before the stock market opens. The company also will hold a conference call at 11:00 a.m. EST on Wednesday, July 24, 2024 to discuss its financial results, business highlights and outlook. Participants can pre-register for the conference call by navigating to https://dpregister.com/sreg/10190532/fcfa86e478. Those without internet access or unable to pre-register may dial in by calling 1-866-777-2509. Participants are encouraged to dial in 15 minutes prior to the call start time. The conference call al

GREENVILLE, S.C., May 16, 2024 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ:UCBI) ("United"), reported that its Board of Directors approved a quarterly cash dividend of $0.23 per share on the Company's common stock. The dividend is payable July 5, 2024 to shareholders of record as of June 15, 2023. The Board of Directors also approved a quarterly cash dividend of $429.6875 per share (equivalent to $0.4296875 per depositary share or 1/1000th interest per share) on the Company's 6.875% Non-Cumulative Perpetual Preferred Stock, Series I (NASDAQ:UCBIO). The dividend is payable June 15, 2024 to shareholders of record on May 31, 2024. About United Community Banks, Inc.United Commun