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United Community Banks Inc (UCBI.OQ)

UCBI.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

United Community Banks Announces Upsizing And Pricing Of Subordinated Notes Offering
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - United Community Banks Inc ::UNITED COMMUNITY BANKS, INC. ANNOUNCES UPSIZING AND PRICING OF SUBORDINATED NOTES OFFERING.UNITED COMMUNITY BANKS-PRICING UNDERWRITTEN PUBLIC OFFERING OF $100 MILLION AMOUNT OF 4.500% FIXED TO FLOATING RATE SUBORDINATED NOTES DUE JAN 30, 2028​.UNITED COMMUNITY BANKS - ‍NOTES WILL INITIALLY BEAR INTEREST AT A RATE OF 4.500% PER ANNUM, PAYABLE SEMI-ANNUALLY IN ARREARS​.  Full Article

United Community Banks Plans To Issue $85 Mln Aggregate Principal Amount Of Subordinated Notes Due Jan. 2028 In Underwritten Public Offering
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - United Community Banks Inc ::UNITED COMMUNITY BANKS INC - PLANS TO ISSUE $85 MILLION AGGREGATE PRINCIPAL AMOUNT OF SUBORDINATED NOTES DUE JANUARY 2028 IN UNDERWRITTEN PUBLIC OFFERING.UNITED COMMUNITY BANKS SAYS TO USE PROCEEDS FOR FINANCING OF CASH CONSIDERATION PAYABLE BY CO -SEC FILING.  Full Article

United Community Banks And NLFC Holdings Corp Announce Merger Agreement
Tuesday, 9 Jan 2018 

Jan 8 (Reuters) - United Community Banks Inc ::UNITED COMMUNITY BANKS INC AND NLFC HOLDINGS CORP, THE PARENT OF NAVITAS CREDIT CORP, ANNOUNCE MERGER AGREEMENT.UNITED COMMUNITY BANKS INC - TRANSACTION VALUE IS ESTIMATED TO TOTAL APPROXIMATELY $130 MILLION.UNITED COMMUNITY BANKS - DEAL EXPECTED TO BE ACCRETIVE TO CO'S EPS BY ABOUT $0.20 IN FIRST FULL YEAR OF OPERATIONS.UNITED COMMUNITY BANKS - 35% OF DEAL CONSIDERATION TO BE PAID IN CO'S STOCK AND 65% TO BE PAID IN CASH.  Full Article

United Community Banks Says Value Of Deferred Tax Asset Will Be Reduced By $37 Mln - $41 Mln Due To Tax Cuts And Jobs Act
Saturday, 30 Dec 2017 

Dec 29 (Reuters) - United Community Banks Inc ::UNITED COMMUNITY BANKS SAYS DUE TO TAX CUTS AND JOBS ACT, ESTIMATES VALUE OF DEFERRED TAX ASSET WILL BE REDUCED BY A RANGE OF ABOUT $37 MILLION TO $41 MILLION.UNITED COMMUNITY BANKS INC SAYS ESTIMATED Q4 EARNINGS IMPACT WOULD BE APPROXIMATELY LOSS OF $0.48 TO LOSS OF $0.53 PER SHARE - SEC FILING.  Full Article

United Community Banks says on Nov 1, board voted to extend repurchase program through Dec 31, 2018​
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - United Community Banks Inc :United Community Banks - ‍on Nov 1, board voted to extend its common stock repurchase program through Dec 31, 2018​.  Full Article

United Community Banks reports Q3 earnings per share $0.38 excluding items
Wednesday, 25 Oct 2017 

Oct 24 (Reuters) - United Community Banks Inc :United Community Banks Inc announces third quarter earnings.Q3 earnings per share $0.38 excluding items.Q3 earnings per share view $0.41 -- Thomson Reuters I/B/E/S.Q3 earnings per share $0.38.United Community Banks Inc - ‍Q3 net interest revenue totaled $89.8 million, up $10.8 million from Q3 of 2016​.  Full Article

United Community Banks Inc announces acquisition of Tidelands Bancshares, Inc
Tuesday, 5 Apr 2016 

United Community Banks Inc:Says definitive agreement for United to acquire Tidelands and its wholly-owned bank subsidiary, Tidelands Bank.Transaction has been unanimously approved by the Boards of Directors of each company and is expected to close in the third quarter of 2016.Under terms of merger agreement, Tidelands' common shareholders will receive cash equal to $0.52 per share or an aggregate of about $2.2 million.Transaction is expected to be $0.09 - $0.10 accretive to United's fully diluted earnings per share in 2017 with all operating expense savings realized.Under terms of the transaction, Tidelands Bank will merge into United's bank subsidiary United Community Bank and operate under its brand.  Full Article

United Community Banks Inc increases quarterly cash dividend
Saturday, 6 Feb 2016 

United Community Banks Inc:Board of Directors approved an increase of its regular quarterly cash dividend to seven cents per common share.Dividend is payable April 1 to shareholders of record on March 15.  Full Article

BRIEF-United Community Banks Announces Upsizing And Pricing Of Subordinated Notes Offering

* UNITED COMMUNITY BANKS, INC. ANNOUNCES UPSIZING AND PRICING OF SUBORDINATED NOTES OFFERING