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Sep 30, 2022
United Community Banks Q3 2022 Earnings Report
Reported strong core profitability driven by loan growth and continued margin expansion.
Key Takeaways
United Community Banks, Inc. reported a net income of $81.2 million for the third quarter. The company experienced annualized loan growth of 9.4% and net interest margin expansion of 38 basis points. The efficiency ratio improved to 48.4%, or 47.7% on an operating basis.
Net income for the third quarter was $81.2 million.
Diluted earnings per share was $0.74 for the quarter.
Annualized loan growth was 9.4%.
Net interest margin expansion was 38 basis points.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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