Reports Q4 tangible book value per share $19.36. Reports Q4 CET1 capital ratio 6.5%. Reports Q4 net charge-offs .02%. "With strong performance in the fourth quarter, 2022 finishes as one of the best years in our company’s long history," stated Richard Adams, United’s CEO. "Record earnings, record loan growth, and one of the best Total Shareholder Returns in the industry highlight the year’s results. Looking ahead to 2023, our strong profitability, robust capital, disciplined expense control, and conservative credit culture have us well-positioned for success."
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