Core Viewpoint - Analysts project that United Community Banks (UCB) will report quarterly earnings of $0.73 per share, reflecting a year-over-year increase of 15.9% and revenues of $273.8 million, up 9.1% from the same quarter last year [1]. Earnings Estimates - The consensus EPS estimate has been revised 0.5% higher in the last 30 days, indicating a collective reevaluation by analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3]. Key Metrics Forecast - Analysts estimate that the 'Net Interest Margin' will reach 3.6%, up from 3.3% a year ago [5]. - The 'Efficiency Ratio - Operating' is projected at 53.8%, compared to 55.2% last year [5]. - 'Total nonperforming assets' are expected to be $100.61 million, down from $115.64 million in the same quarter last year [5]. Asset and Loan Estimates - The 'Average balance - Total interest-earning assets' is estimated at $26.27 billion, an increase from $25.83 billion a year ago [6]. - 'Total nonperforming loans' are projected to be $98.88 million, down from $113.58 million in the same quarter last year [6]. Revenue Projections - 'Net interest revenue' is expected to be $234.87 million, compared to $210.33 million last year [7]. - 'Total noninterest income' is projected at $40.17 million, slightly down from $40.52 million a year ago [7]. - The average prediction for 'Net interest revenue (FTE)' is $235.98 million, up from $211.41 million in the same quarter last year [8]. Stock Performance - UCB shares have increased by 2.7% over the past month, outperforming the Zacks S&P 500 composite's increase of 1.2% [8]. - UCB holds a Zacks Rank 2 (Buy), indicating expectations of outperforming the overall market in the near term [8].
Insights Into United Community Banks (UCB) Q4: Wall Street Projections for Key Metrics