Reliant Bancorp Inc

NASDAQ:RBNC   10:48:18 AM EDT
28.17
+0.66 (+2.40%)
Debt Financing / Related, Other Pre-Announcement, Mergers / Acquisitions

United Community Banks Inc And Reliant Bancorp Inc Announce Merger Agreement

Published: 07/15/2021 11:35 GMT
Reliant Bancorp Inc (RBNC) - United Community Banks Inc - Deal for $30.58 per Share of Reliant Common Stock.
United Community Banks Inc - All-stock Transaction With an Aggregate Value of Approximately $517 Million.
United Community Banks Inc - Reliant Shareholders Will Receive 0.9842 Shares of United for Each Share of Reliant.
United Community Banks Inc - Merger Expected to Be Accretive to Co's EPS by About $0.15 per Share (6.1%) in 2022 and $0.22 per Share (8.5%) in 2023.
United Community Banks Inc - United Expecting to Report$0.77 to $0.80 Diluted EPS Range for Q2.
United Community Banks Inc - Reliant Expecting to Report $0.76 to $0.79 Diluted EPS Range for Q2.
United Community Banks Inc - Expects to Report a $13.0 Million to $14.0 Million Negative Loan Loss Provision in Quarter.
United Community Banks Inc - Reliant's Earnings Release Includes No Provision in Quarter.