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United Community Banks' Shares Slip After Lower Q1 Non-GAAP Income, Revenue
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United Community Banks' Shares Slip After Lower Q1 Non-GAAP Income, Revenue
Apr 24, 2024 7:11 AM

09:44 AM EDT, 04/24/2024 (MT Newswires) -- United Community Banks' ( UCBI ) shares slipped early Wednesday after the bank holding company reported Q1 non-GAAP income of $0.52 per diluted share, down from $0.58 a year earlier.

Analysts polled by Capital IQ expected $0.50.

Revenue for the quarter ended March 31, expressed as the sum of net interest revenue and total noninterest income, was $238.7 million, down from $241.7 million a year earlier.

Analysts surveyed by Capital IQ expected $232 million.

United Community Banks' ( UCBI ) shares were off 0.2% in early trading.

Price: 26.13, Change: -0.05, Percent Change: -0.19

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