AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Instagram Outage Disrupts Thousands of U.S. Users 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence 
Novo Nordisk Warns of Profit Decline as Wegovy Faces U.S. Price Pressure and Rising Competition 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
NRW Holdings Shares Surge After Securing Major Rio Tinto Contract and New Project Wins 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Denso Cuts Profit Forecast Amid U.S. Tariffs and Rising Costs 
BLAIRSVILLE, Ga., Aug. 08, 2017 -- United Community Banks, Inc. (NASDAQ:UCBI) (“United”), reported that its Board of Directors approved an increase of its regular quarterly cash dividend to ten cents per common share. The dividend is payable October 5, 2017, to shareholders of record on September 15, 2017.
“I am extremely pleased with our bankers’ very successful execution of our financial and strategic initiatives that led to our twelfth consecutive quarter of double-digit growth in diluted operating earnings per share,” states Jimmy Tallent, chairman and chief executive officer. “This dividend represents an eleven percent increase from the second quarter dividend and a twenty-five percent increase from a year ago.”
About United Community Banks, Inc.
United Community Banks, Inc. is a bank holding company based in Blairsville, Georgia with $11.2 billion in assets. The company’s banking subsidiary, United Community Bank, is one of the southeast region’s largest full-service banks, operating 142 offices in Georgia, North Carolina, South Carolina and Tennessee. The bank specializes in personalized community banking services for individuals, small businesses and corporations. Services include a full range of consumer and commercial banking products including mortgage, advisory, and treasury management. Respected national research firms consistently recognize United Community Bank for outstanding customer service. In 2014, 2015 and 2016, J.D. Power ranked United Community Bank first in customer satisfaction in the Southeast. In 2017, for the fourth consecutive year, Forbes magazine included United on its list of the 100 Best Banks in America. Additional information about the company and the bank’s full range of products and services can be found at www.ucbi.com.
For more information: Jefferson L. Harralson Chief Financial Officer (706) 781-2265 [email protected]
