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Why Is United Community Banks Stock Gaining Friday?

United Community Banks (UCB) stock rises after announcing a $1.9B cash sale of its equipment finance business. Read the details here.

United Community Banks To Sell Equipment Finance Business
United on Friday announced a definitive agreement to sell its equipment finance business, consisting of Navitas Credit Corp. and NLFC Reinsurance Corp., to funds managed by Wafra Inc. for $1.9… [2256 chars]

Source: Benzinga | Published: 2026-06-12T16:54:07Z

Credit: Benzinga

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