NYSE : UCB
United Community Banks, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 36.73 USD (Oct 30, 2026, 4:00 PM EST) · Market cap 4.40B
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 1.18B | 1.15B | 1.15B | 1.04B | 673.40M | 505.73M |
| Interest Income on Investments | 211.14M | 229.66M | 230.26M | 194.50M | 139.75M | 73.06M |
| Total Interest Income | 1.39B | 1.38B | 1.38B | 1.24B | 813.15M | 578.79M |
| Interest Paid on Deposits | 406.94M | 463.75M | 535.52M | 395.57M | 42.10M | 14.85M |
| Interest Paid on Borrowings | 17.53M | 10.08M | 14.85M | 23.77M | 18.70M | 14.91M |
| Total Interest Expense | 424.46M | 473.83M | 550.37M | 419.34M | 60.80M | 29.76M |
| Net Interest Income | 962.80M | 909.11M | 827.37M | 817.76M | 752.36M | 549.03M |
| Trust Income | 19.71M | 18.87M | 23.70M | 23.74M | 23.59M | 19.00M |
| Mortgage Banking Activities | 32.01M | 25.07M | 27.57M | 19.22M | 32.52M | 58.45M |
| Gain (Loss) on Sale of Investments | -365.96M | 352.00K | -3.32M | -53.33M | -3.87M | 83.00K |
| Other Non-Interest Income | 105.45M | 101.83M | 98.09M | 76.71M | 74.73M | 69.02M |
| Total Non-Interest Income | -140.58M | 154.04M | 124.76M | 75.48M | 137.71M | 157.82M |
| Revenues Before Loan Losses | 822.21M | 1.06B | 952.12M | 893.25M | 890.06M | 706.85M |
| Provision for Loan Losses | 4.72M | 48.81M | 50.95M | 89.43M | 63.91M | -37.55M |
| Revenue | 817.49M | 1.01B | 901.17M | 803.82M | 826.15M | 744.40M |
| Salaries and Employee Benefits | 375.05M | 343.05M | 329.24M | 309.53M | 267.50M | 235.38M |
| Federal Deposit Insurance | 16.25M | 18.99M | 20.98M | 27.45M | 9.89M | 7.40M |
| Amortization of Goodwill & Intangibles | 12.54M | 13.08M | 14.60M | 15.18M | 6.83M | 4.04M |
| Selling, General & Administrative | 175.82M | 169.91M | 161.21M | 152.09M | 133.07M | 107.60M |
| Other Non-Interest Expense | 42.16M | 35.90M | 37.68M | 39.10M | 32.95M | 27.76M |
| Total Non-Interest Expense | 622.62M | 581.73M | 564.44M | 544.06M | 450.77M | 382.67M |
| EBT Excluding Unusual Items | 194.86M | 432.62M | 336.73M | 259.75M | 375.38M | 361.73M |
| Pretax Income | 185.98M | 422.41M | 323.01M | 232.54M | 356.00M | 347.76M |
| Income Tax Expense | 39.34M | 94.32M | 70.61M | 45.00M | 78.53M | 77.96M |
| Net Income | 146.64M | 328.10M | 252.40M | 187.54M | 277.47M | 269.80M |
| Preferred Dividends & Other Adjustments | 1.20M | 9.91M | 7.77M | 6.70M | 8.34M | 8.53M |
| Net Income to Common | 145.44M | 318.18M | 244.63M | 180.85M | 269.13M | 261.27M |
| Basic Shares Outstanding | 120.73M | 121.31M | 119.78M | 117.60M | 106.66M | 87.94M |
| Diluted Shares Outstanding | 120.95M | 121.44M | 119.90M | 117.75M | 106.78M | 88.10M |
| EPS (Basic) | 1.20 | 2.62 | 2.04 | 1.54 | 2.52 | 2.97 |
| EPS (Diluted) | 1.20 | 2.62 | 2.04 | 1.54 | 2.52 | 2.97 |
| Dividend Per Share | 1.01 | 0.98 | 0.94 | 0.92 | 0.86 | 0.78 |
| Effective Tax Rate | 21.15% | 22.33% | 21.86% | 19.35% | 22.06% | 22.42% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 781.61M | 395.75M | 519.87M | 1.00B | 646.85M | 2.32B |
| Investment Securities | 6.55B | 1.92B | 1.90B | 1.72B | 1.69B | 1.89B |
| Trading Asset Securities | 93.76M | 35.31M | 46.88M | 50.35M | 50.64M | 42.48M |
| Mortgage-Backed Securities | 4.20B | 5.00B | 4.21B | 4.65B | 3.81B | |
| Total Investments | 6.64B | 6.16B | 6.95B | 5.98B | 6.39B | 5.75B |
| Gross Loans | 18.99B | 19.40B | 18.19B | 18.33B | 15.34B | 11.77B |
| Allowance for Loan Losses | -179.14M | -210.43M | -207.00M | -208.07M | -159.36M | -102.53M |
| Other Adjustments to Gross Loans | -18.41M | -15.41M | -11.71M | -6.88M | -5.43M | |
| Net Loans | 18.81B | 19.17B | 17.97B | 18.11B | 15.18B | 11.66B |
| Property, Plant & Equipment | 409.53M | 430.76M | 437.08M | 421.23M | 338.46M | 274.72M |
| Goodwill | 925.12M | 907.09M | 919.91M | 751.17M | 452.01M | |
| Other Intangible Assets | 1.03B | 42.76M | 49.55M | 70.17M | 28.07M | 20.40M |
| Loans Held for Sale | 34.49M | 39.38M | 57.53M | 33.01M | 13.60M | 44.11M |
| Accrued Interest Receivable | 83.56M | 85.62M | 87.78M | 72.81M | 43.00M | |
| Long-Term Deferred Tax Assets | 75.86M | 96.98M | 113.21M | 129.31M | 41.32M | |
| Other Real Estate Owned & Foreclosed | 2.95M | 2.40M | 2.06M | 1.19M | 49.00K | 43.00K |
| Other Long-Term Assets | 1.18B | 655.05M | 630.34M | 537.18M | 429.96M | 336.24M |
| Total Assets | 28.88B | 28.00B | 27.72B | 27.30B | 24.01B | 20.95B |
| Accrued Expenses | 447.19M | 253.59M | 244.62M | 255.28M | 235.71M | 168.78M |
| Interest Bearing Deposits | 18.14B | 16.39B | 17.25B | 16.78B | 12.23B | 11.28B |
| Institutional Deposits | 1.16B | |||||
| Non-Interest Bearing Deposits | 6.75B | 6.25B | 6.21B | 6.53B | 7.64B | 6.96B |
| Total Deposits | 24.89B | 23.80B | 23.46B | 23.31B | 19.88B | 18.24B |
| Short-Term Borrowings | 138.00M | 272.83M | 84.81M | 258.48M | 25.14M | |
| Current Portion of Leases | 10.02M | |||||
| Long-Term Debt | 39.69M | 94.62M | 228.38M | 290.49M | 290.33M | 226.74M |
| Federal Home Loan Bank Debt, Long-Term | 550.00M | |||||
| Long-Term Leases | 28.34M | 45.16M | 44.15M | 41.69M | 31.07M | |
| Trust Preferred Securities | 25.77M | 25.77M | 34.33M | 34.33M | 20.62M | |
| Other Long-Term Liabilities | 15.09M | 10.39M | 16.06M | 21.16M | 10.99M | |
| Total Liabilities | 25.37B | 24.36B | 24.29B | 24.04B | 21.31B | 18.72B |
| Preferred Stock, Redeemable | 88.27M | 88.27M | 96.42M | 96.42M | ||
| Common Stock | 119.83M | 120.60M | 119.36M | 119.01M | 106.22M | 89.35M |
| Additional Paid-In Capital | 2.72B | 2.75B | 2.72B | 2.70B | 2.31B | 1.72B |
| Retained Earnings | 882.02M | 914.26M | 714.14M | 581.22M | 508.84M | 330.65M |
| Comprehensive Income & Other | -219.53M | -150.57M | -212.92M | -226.08M | -317.18M | -15.19M |
| Total Common Equity | 3.51B | 3.64B | 3.34B | 3.17B | 2.60B | 2.13B |
| Shareholders' Equity | 3.51B | 3.64B | 3.43B | 3.26B | 2.70B | 2.22B |
| Total Liabilities & Equity | 28.88B | 28.00B | 27.72B | 27.30B | 24.01B | 20.95B |
| Total Debt | 39.69M | 296.76M | 572.15M | 453.78M | 1.17B | 303.58M |
| Net Cash (Debt) | 835.68M | 134.31M | -5.39M | 600.45M | -477.34M | 2.06B |
| Net Cash Per Share | 6.91 | 1.11 | -0.04 | 5.10 | -4.47 | 23.35 |
| Filing Date Shares Outstanding | 119.83M | 119.61M | 119.44M | 119.08M | 115.03M | 105.98M |
| Total Common Shares Outstanding | 119.83M | 120.60M | 119.36M | 119.01M | 106.22M | 89.35M |
| Book Value Per Share | 29.27 | 30.17 | 28.01 | 26.66 | 24.52 | 23.79 |
| Tangible Book Value | 2.48B | 2.67B | 2.39B | 2.18B | 1.83B | 1.65B |
| Tangible Book Value Per Share | 20.70 | 22.15 | 20.00 | 18.34 | 17.18 | 18.50 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 328.10M | 252.40M | 187.54M | 277.47M | 269.80M | |
| Depreciation & Amortization | 45.95M | 40.93M | 44.96M | 46.70M | -2.06M | |
| Gain (Loss) on Sale of Investments | -352.00K | 3.32M | 53.33M | 3.87M | -83.00K | |
| Total Asset Writedown | 5.10M | |||||
| Provision for Credit Losses | 48.81M | 50.95M | 89.43M | 63.91M | -37.55M | |
| Change in Other Net Operating Assets | -52.86M | -39.98M | -87.47M | 206.46M | 113.14M | |
| Other Operating Activities | 10.91M | 4.93M | 6.39M | 10.92M | 20.79M | |
| Operating Cash Flow | 384.04M | 349.73M | 293.97M | 607.31M | 359.32M | |
| Capital Expenditures | -27.58M | -47.04M | -72.48M | -42.70M | -26.48M | |
| Sale of Property, Plant and Equipment | 9.74M | 4.25M | ||||
| Cash Acquisitions | 103.06M | |||||
| Investment in Securities | 935.00M | -1.05B | 780.46M | -800.73M | -2.07B | |
| Divestitures | 41.25M | 8.59M | 113.95M | 35.24M | ||
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -934.10M | 82.72M | -996.52M | -1.23B | 178.23M | |
| Other Investing Activities | 18.85M | 18.41M | 11.31M | 6.94M | 3.45M | |
| Investing Cash Flow | 33.42M | -991.04M | -163.29M | -2.02B | -1.81B | |
| Short-Term Debt Issued | 195.00M | 158.93M | ||||
| Long-Term Debt Issued | 126.00M | 1.10M | 2.23B | 790.00M | 10.00M | |
| Total Debt Issued | 126.00M | 196.10M | 2.23B | 948.93M | 10.00M | |
| Short-Term Debt Repaid | -110.00M | -347.62M | ||||
| Long-Term Debt Repaid | -261.00M | -69.66M | -2.87B | -240.00M | -115.14M | |
| Total Debt Repaid | -371.00M | -69.66M | -3.22B | -240.00M | -115.14M | |
| Net Debt Issued (Repaid) | -245.00M | 126.44M | -992.62M | 708.93M | -105.14M | |
| Repurchase of Common Stock | -44.27M | -15.10M | ||||
| Preferred Share Repurchases | -91.54M | -7.15M | ||||
| Common Dividends Paid | -118.52M | -112.32M | -105.08M | -86.88M | -66.91M | |
| Preferred Dividends Paid | -4.72M | -6.29M | -6.63M | -6.88M | -6.88M | |
| Total Dividends Paid | -123.24M | -118.61M | -111.72M | -93.76M | -73.79M | |
| Net Increase (Decrease) in Deposit Accounts | -36.30M | 149.49M | 1.34B | -866.93M | 2.35B | |
| Other Financing Activities | -1.22M | -13.00K | -815.00K | -7.03M | -2.44M | |
| Financing Cash Flow | -541.57M | 157.31M | 226.34M | -258.78M | 2.16B | |
| Net Cash Flow | -124.12M | -484.00M | 357.02M | -1.67B | 709.89M | |
| Free Cash Flow | 356.46M | 302.69M | 221.49M | 564.60M | 332.84M | |
| Free Cash Flow Margin | 35.14% | 33.59% | 27.55% | 68.34% | 44.71% | |
| Free Cash Flow Per Share | 2.94 | 2.52 | 1.88 | 5.29 | 3.78 | |
| Cash Interest Paid | 476.08M | 551.36M | 408.53M | 58.71M | 32.00M | |
| Cash Income Tax Paid | 49.86M | 18.53M | 57.96M | 50.50M | 55.75M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.51B | 3.80B | 3.85B | 3.48B | 3.59B | 3.21B |
| Last Close Price | 36.73 | 30.51 | 30.57 | 26.76 | 29.88 | 30.96 |
| PE Ratio | 31.27 | 11.93 | 15.76 | 19.25 | 13.34 | 12.28 |
| PS Ratio | 5.52 | 3.74 | 4.28 | 4.33 | 4.34 | 4.31 |
| PB Ratio | 1.25 | 1.04 | 1.12 | 1.07 | 1.33 | 1.44 |
| P/FCF Ratio | 12.49 | 10.65 | 12.73 | 15.72 | 6.36 | 9.64 |
| P/OCF Ratio | 11.61 | 9.88 | 11.02 | 11.84 | 5.91 | 8.93 |
| Debt / Equity Ratio | 0.01 | 0.08 | 0.17 | 0.14 | 0.43 | 0.14 |
| Debt / FCF Ratio | 0.83 | 1.89 | 2.05 | 2.08 | 0.91 | |
| Net Debt / Equity Ratio | -0.24 | -0.04 | 0.00 | -0.18 | 0.18 | -0.93 |
| Net Debt / FCF Ratio | -0.38 | 0.02 | -2.71 | 0.84 | -6.18 | |
| Return on Equity (ROE) | 4.13% | 9.28% | 7.54% | 6.29% | 11.27% | 12.76% |
| Return on Assets (ROA) | 0.51% | 1.18% | 0.92% | 0.73% | 1.23% | 1.39% |
| Earnings Yield | 3.20% | 8.64% | 6.55% | 5.39% | 7.73% | 8.41% |
| FCF Yield | 8.01% | 9.39% | 7.85% | 6.36% | 15.73% | 10.37% |
| Dividend Yield | 2.76% | 3.11% | 2.91% | 3.15% | 2.54% | 2.17% |
| Payout Ratio | 86.40% | 37.56% | 46.99% | 59.57% | 33.79% | 27.35% |
| Buyback Yield / Dilution | 0.05% | -1.28% | -1.83% | -10.27% | -21.20% | -5.83% |
| Total Shareholder Return | 2.80% | 1.83% | 1.08% | -7.13% | -18.66% | -3.65% |