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DTA revaluation may hit United Community Q4 EPS by up to 53 cents
Banking Essentials Newsletter: July Edition - Part 2
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United Community Banks Inc. of Blairsville, Ga., estimates that the new corporate tax rate will cause a $37 million to $41 million reduction in its deferred tax asset value.
The decline is expected to hit fourth-quarter EPS by 48 cents to 53 cents and tangible book value by 47 cents to 52 cents per share.