Equities Analysts Set Expectations for UCB Q4 Earnings

United Community Banks, Inc. (NASDAQ:UCB) – Research analysts at DA Davidson issued their Q4 2024 EPS estimates for shares of United Community Banks in a research report issued on Thursday, October 24th. DA Davidson analyst G. Tenner expects that the company will earn $0.58 per share for the quarter. The consensus estimate for United Community Banks’ current full-year earnings is $2.24 per share. DA Davidson also issued estimates for United Community Banks’ FY2025 earnings at $2.40 EPS.

United Community Banks (NASDAQ:UCB) last released its quarterly earnings results on Wednesday, October 23rd. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.01). United Community Banks had a return on equity of 8.36% and a net margin of 13.04%. The company had revenue of $384.39 million during the quarter, compared to the consensus estimate of $237.90 million. During the same period in the previous year, the firm posted $0.45 earnings per share.

A number of other equities analysts also recently issued reports on the company. Piper Sandler reduced their price target on United Community Banks from $29.00 to $28.00 and set a “neutral” rating on the stock in a research report on Friday. Truist Financial decreased their price target on United Community Banks from $32.00 to $30.00 and set a “hold” rating for the company in a research note on Friday.

United Community Banks Stock Performance

Shares of United Community Banks stock opened at $28.58 on Monday. The company has a market capitalization of $3.41 billion, a P/E ratio of 18.56 and a beta of 0.89. The business has a 50-day moving average price of $28.99. United Community Banks has a one year low of $21.63 and a one year high of $31.96. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.78 and a quick ratio of 0.78.

United Community Banks Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 4th. Stockholders of record on Monday, September 16th were paid a dividend of $0.24 per share. This is an increase from United Community Banks’s previous quarterly dividend of $0.23. This represents a $0.96 annualized dividend and a dividend yield of 3.36%. The ex-dividend date of this dividend was Monday, September 16th. United Community Banks’s payout ratio is presently 62.34%.

United Community Banks Company Profile

United Community Banks, Inc operates as the financial holding company for United Community Bank that provides financial products and services to commercial, retail, government, education, energy, health care, and real estate sectors. It accepts various deposit products, including checking, savings, money market, and other deposit accounts.