1. United Community Banks Signals Q2 NIM Expansion, Projects 40% Cost Savings from Peach State Deal
United Community Banks has signaled a critical financial metric is moving in its favor, projecting a 3 to 5 basis point expansion in its second-quarter net interest margin (NIM). This forecast comes as the bank provides new details on the financial logic behind its acquisition of Peach State Bank, outlining an ambitiou...