United Community Banks, Inc. (NYSE:UCB) held its Fourth Quarter 2024 Earnings Call on January 22, 2025, at 9:00 AM ET.
Those participating from the company included Lynn Harton, the Chairman and CEO; Jefferson Harralson, Chief Financial Officer; Rob Edwards, Chief Risk Officer; and Rich Bradshaw, President and Chief Banking Officer. The conference also saw participation from several analysts, including Michael Rose from Raymond James, Catherine Mealor of KBW, Christopher Marinac with Janney Montgomery Scott, and Gary Tenner from D.A. Davidson.
The operator kicked off the call with a hearty good morning, welcoming everyone to the earnings call. Leading the company’s presentation were Lynn Harton, Jefferson Harralson, Rich Bradshaw, and Rob Edwards.
During the discussion, United’s team highlighted various financial metrics, such as operating earnings and pretax, precredit earnings. They noted that their presentation included numerous non-GAAP financial measures. To provide clarity, a reconciliation to the equivalent GAAP figures was included in both the financial release and the investor presentation, all accessible on their website, ucbi.com. Moreover, the fourth quarter’s earnings release and investor presentation have been officially filed this morning on Form 8-K with the SEC. If you wish to revisit this call later, a replay will be available in the Investor Relations section on their website.
Everyone was reminded that the call might feature forward-looking statements reflecting United’s perspective on upcoming situations, subject to the usual risks and uncertainties outlined in the company’s 2023 Form 10-K. Further details can be found in their SEC filings and on their website.
With that, the session was handed over to Lynn Harton.
“Good morning, and thank you for joining our call today,” Lynn began. He expressed satisfaction in announcing an earnings figure of $0.61 for the quarter and $2.04 for the entire year.
