United Community Banks, Inc. (NASDAQ:UCBI) is reporting second quarter financial results on Tuesday 21st July 2020, after market close.
According to analysts surveyed by Thomson Reuters, UCBI is expected to report 2Q20 income of $ 0.32 per share from revenue of $ 141.81 million.
For the full year, analysts anticipate top line of $ 611.75 million, while looking forward to income of $ 1.62 per share bottom line.
Previous Quarter Performance
United Community Banks, Inc. reported income for the first quarter of $ 0.41 per share, from the revenue of . The quarterly earnings extended 3.07 percent while revenues compared with the same quarter last year.
The consensus estimates are income of $ 0.49 per share The bottom line results missed street analysts by $ 0.08 or 16.33 percent, at the same time, top line results analysts by $ 1.47 million or .
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of UCBI was $ 17.66, representing a 18.13 % increase from the 52 week low of $ 14.95 and a 44.22 % decrease over the 52 week high of $ 31.66.
The company has a market capital of $ 1.53 billion and is part of the Financial Services sector and Banks – Regional – US industry.
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Recent Stock Dividend Announcement
On May 6, 2020, the board of directors authorized quarterly dividend of $ 0.18 per share to holders of record as of the close of business on June 15, 2020, with payment date of July 6, 2020 and ex-dividend date on June 12, 2020.
United Community Banks, Inc. operates as the bank holding company for United Community Bank that provides various banking products and services. The company accepts checking, savings, money market, negotiable order of withdrawal, time, and other deposit accounts, as well as certificates of deposit.
