Tuesday, April 17, 2007

UPDATE 1-United Community quarterly profit rises

(Reuters) - The Blairsville, Georgia-based bank holding company also said it expects 2007 earnings-per-share outlook at the lower end of its long-term goal of 12 percent to 15 percent. It had said previously that earnings would fall within the range.

United Community Banks reported first-quarter net income of $19.3 million, or 44 cents a share, compared with $16.0 million, or 39 cents in the year ago period.


Read more at Reuters.com Market News

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