United Community Banks, Inc was recently recognized as one of America’s best-performing banks by Forbes magazine for the fifth consecutive year.
“America’s Best Banks 2018,” an article written by Kurt Badenhausen, ranked 100 of the largest publicly traded banks and thrifts nationwide.
For nine consecutive years, Forbes has ranked the nation’s 100 largest publicly- traded banks on ten metrics including return on average tangible equity, return on average assets, net interest margin, efficiency ratio and net charge-offs as a percent of total loans. The magazine also factored in nonperforming assets as a percent of assets, risk-based capital ratio and reserves as a percent of nonperforming assets. The final component, according to the magazine, is operating revenue growth.
Data for the ranking was provided by S&P Global Market Intelligence based on regulatory filings through September 30, 2017.
