UCBI - United Community Banks GAAP EPS of $0.53 misses by $0.07 revenue of $213.92M misses by $27.67M
2023-07-18 16:36:41 ET
- United Community Banks press release ( NASDAQ: UCBI ): Q2 GAAP EPS of $0.53 misses by $0.07 .
- Revenue of $213.92M (+3.5% Y/Y) misses by $27.67M .
- Net income of $63.3 million and pre-tax, pre-provision income of $104.3 million
- EPS decreased by 13% compared to last year on a GAAP basis and 17% on an operating basis; compared to first quarter 2023, EPS increased 2% on a GAAP basis and decreased 5% on an operating basis
- Return on assets of 0.95%, or 1.00% on an operating basis
- Pre-tax, pre-provision return on assets of 1.59%, or 1.65% when excluding merger-related and other charges
- Return on common equity of 7.5%
For further details see:
United Community Banks GAAP EPS of $0.53 misses by $0.07, revenue of $213.92M misses by $27.67M