UCB has been in the news 563% more than usual
Sep 04, 2024, 8:33 PM
-5.29%
What does UCB do
United Community Banks, headquartered in Greenville, South Carolina, offers diversified financial services across various sectors and employs 3,071 staff. The company went public on May 16, 2001, providing a range of financial products.
UCB has been in the news recently: United Community Banks, Inc. sold a $318.2 million manufactured housing loan portfolio, which affected its third-quarter earnings by $0.18 per share. The bank also appointed Sally Pope Davis to its Board of Directors and announced an increase in its dividend to $0.24, yielding 3.2% with a sustainable payout ratio of 60%.
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