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United Community Banks (FRA:UCBN) Allowance For Loans And Lease Losses : €-194.1 Mil (As of Mar. 2024)


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What is United Community Banks Allowance For Loans And Lease Losses?

United Community Banks's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was €-194.1 Mil.

United Community Banks's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 (€-188.9 Mil) to Dec. 2023 (€-190.8 Mil) and declined from Dec. 2023 (€-190.8 Mil) to Mar. 2024 (€-194.1 Mil).

United Community Banks's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (€-90.7 Mil) to Dec. 2022 (€-150.4 Mil) and declined from Dec. 2022 (€-150.4 Mil) to Dec. 2023 (€-190.8 Mil).


United Community Banks Allowance For Loans And Lease Losses Historical Data

The historical data trend for United Community Banks's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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United Community Banks Allowance For Loans And Lease Losses Chart

United Community Banks Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -55.88 -112.62 -90.74 -150.43 -190.80

United Community Banks Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -164.88 -176.02 -188.86 -190.80 -194.06

United Community Banks Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


United Community Banks Allowance For Loans And Lease Losses Related Terms

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United Community Banks (FRA:UCBN) Business Description

Industry
Traded in Other Exchanges
Address
125 Highway 515 East, Blairsville, GA, USA, 30512
United Community Banks Inc is a bank holding company that operates through its wholly-owned subsidiary, Union Community Bank. The bank has scores of offices throughout portions of Georgia, Tennessee, and the Carolinas. It has traditionally grown through the organic growth of existing offices and de novo locations, complemented by selective acquisitions. United conducts substantially all of its operations through a community-focused operating model of separate community banks. The community banks offer a full range of retail and corporate banking services, including checking, savings, and time deposit accounts, as well as secured and unsecured loans, wire transfers, brokerage services, and other financial services. The bank's loan portfolio is well-diversified but predominantly commercial.

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