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Dec 31, 2019
United Community Banks Q4 2019 Earnings Report
Reported strong loan and deposit growth, operating efficiency, and asset quality.
Key Takeaways
United Community Banks, Inc. reported a diluted EPS of $0.61, a 9% increase year-over-year. The return on assets was 1.50% and the return on common equity was 12.1%. Total deposits grew by $140 million. The company sold its remaining investment in its indirect auto portfolio, completing its exit from that business.
Diluted earnings per share were $0.61, an increase of $0.05 or 9% from a year ago.
Return on assets was 1.50%.
Return on common equity was 12.1%.
Net interest margin of 3.93%.