United Community Banks traded at $37.03 this Thursday July 16th, increasing $1.03 or 2.86 percent since the previous trading session. Looking back, over the last four weeks, United Community Banks gained 13.73 percent. Over the last 12 months, its price rose by 16.74 percent. Looking ahead, we forecast United Community Banks to be priced at 34.81 by the end of this quarter and at 32.67 in one year, according to Trading Economics global macro models projections and analysts expectations.
United Community Banks, Inc. (United) is a bank holding company. United conducts its operations in Georgia, South Carolina, North Carolina, Tennessee, and Florida markets. It operates principally through United Community Bank, its bank subsidiary, is a Georgia state chartered commercial bank that serves both rural and metropolitan markets. It provide an array of commercial and consumer banking services, including checking, savings and time deposit accounts, secured and unsecured loans, mortgage loans, payment services, wire transfers, wealth management, trust services, private banking, investment advisory services, insurance, and other related financial services to its customers. It operates as a locally focused community bank to deliver products and services to customers. The principal sources of funds for its lending activities are customer deposits, repayment of loans, and the sale and maturity of investment securities. Aquesta Financial Holdings, Inc. is the subsidiary of United.