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BLUE BELL, Pa., May 7, 2021 /PRNewswire/ Unisys Corporation (NYSE: UIS) today announced a series of contracts for ClearPath Forward
® – Unisys flagship enterprise-computing environment.
All awarded during the first quarter of 2021, the Unisys contracts announced today are:
A contract of more than $20 million with a European financial-services company to continue providing support for its credit card processing, card production, call center and back-office services in Southeast Europe. The solution – which enables the company to process 13.3 million payment cards, handle more than 1.4 billion transactions and deliver customer services more efficiently – includes ClearPath Forward professional services and technology, along with consumption-based computing capacity. In addition, the contract includes the Unisys Stealth
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BLUE BELL, Pa., May 7, 2021 /PRNewswire/ Unisys Corporation (NYSE: UIS) today announced a series of contracts for ClearPath Forward
® – Unisys flagship enterprise-computing environment.
All awarded during the first quarter of 2021, the Unisys contracts announced today are:
A contract of more than $20 million with a European financial-services company to continue providing support for its credit card processing, card production, call center and back-office services in Southeast Europe. The solution – which enables the company to process 13.3 million payment cards, handle more than 1.4 billion transactions and deliver customer services more efficiently – includes ClearPath Forward professional services and technology, along with consumption-based computing capacity. In addition, the contract includes the Unisys Stealth
Operator
Good morning, and welcome to United Community Bank s First Quarter 2021 Earnings Call. Hosting the call today are Chairman and Chief Executive Officer, Lynn Harton; Chief Financial Officer, Jefferson Harralson; President and Chief Banking Officer, Rich Bradshaw; and Chief Risk Officer, Rob Edwards.
United s presentation today includes references to operating earnings, pre-tax, pre-credit earnings and other non-GAAP financial information. For these non-GAAP financial measures, United has provided a reconciliation to the corresponding GAAP financial measure in the financial highlights section of the earnings release, as well as at the end of the investor presentation. Both are included on the website at ucbi.com. Copies of the first quarter s earnings release and investor presentation were filed last night on Form 8-K with the SEC and a replay of this call will be available in the Investor Relations section of the Company s website at ucbi.com. Please be aware that during th
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And it wasn’t just the writing back of loan loss reserves either. Companies really did well overall, growing both top and bottom lines, on the back of increasing deposits, higher loan balances, better efficiency and growing net interest income (for the most part). The refinancing of term loans and elevated prepayments did impact a few players however.
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Price action over last quarter: Up 1.46%
Company Overview
United Community Banks Inc is a bank holding company that operates through its wholly owned subsidiary, Union Community Bank. The bank has scores of offices throughout portions of Georgia, Tennessee, and the Carolinas. It has traditionally grown through the organic growth of existing offices and de novo locations, complemented by selective acquisitions. United conducts substantially all of its operations through a community-focused operating model of separate community banks. The community banks offer a full range of retail and corporate banking services, including checking, savings, and time deposit accounts, as well as secured and unsecured loans, wire transfers, brokerage services, and other financial services. The bank s loan portfolio is well diversified, but predominantly commercial.