United Community Banks, Inc.UCB
▲ PositiveCapitalrelevance
Reported higher profit and revenue, beating prior-year results.

United Community Banks reported a second-quarter profit of $114.88 million, or 95 cents per share, up from $76.72 million, or 63 cents per share, a year earlier. Revenue increased 7.3 percent to $279.28 million from $260.23 million. On a non-GAAP basis, net operating income was $86.43 million, or 71 cents per share, compared with $82.52 million, or 66 cents per share, in the prior-year period.
United Community Banks, Inc.Reported higher profit and revenue, beating prior-year results.