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Dec 31, 2020
United Community Banks Q4 2020 Earnings Report
Reported solid Q4 financial results with year-over-year loan and core deposit growth and strong profitability.
Key Takeaways
United Community Banks reported a net income of $59.5 million and diluted earnings per share of $0.66 for the quarter, representing an increase of $0.05, or 8%, from a year ago. The company's GAAP return on assets (ROA) was 1.30%, and its return on common equity was 12.4% for the quarter.
Net income was $59.5 million.
Pre-tax pre-provision income was $80.3 million.
Diluted earnings per share were $0.66, up $0.05 or 8% from a year ago.
Core transaction deposits grew by $369 million, or 13% annualized.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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