United Community Banks posts Q4 adjusted EPS in line with estimates
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United Community Banks reported Q4 adjusted EPS of $0.71, meeting analyst expectations, with revenue rising 11% year-over-year to $278.4 million. The bank repurchased 1 million shares and redeemed $35 million in senior debt. The net interest margin improved by 36 basis points, and loan production increased by $209 million. The average analyst rating is "buy," with a 12-month price target of $35.00, reflecting a potential upside of 7.8% from the recent closing price of $32.48.
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