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.

TTMFY2025FY2024FY2023FY2022FY2021
Interest Income on Loans1.18B1.15B1.15B1.04B673.40M505.73M
Interest Income on Investments211.14M229.66M230.26M194.50M139.75M73.06M
Total Interest Income1.39B1.38B1.38B1.24B813.15M578.79M
Interest Paid on Deposits406.94M463.75M535.52M395.57M42.10M14.85M
Interest Paid on Borrowings17.53M10.08M14.85M23.77M18.70M14.91M
Total Interest Expense424.46M473.83M550.37M419.34M60.80M29.76M
Net Interest Income962.80M909.11M827.37M817.76M752.36M549.03M
Trust Income19.71M18.87M23.70M23.74M23.59M19.00M
Mortgage Banking Activities32.01M25.07M27.57M19.22M32.52M58.45M
Gain (Loss) on Sale of Investments-365.96M352.00K-3.32M-53.33M-3.87M83.00K
Other Non-Interest Income105.45M101.83M98.09M76.71M74.73M69.02M
Total Non-Interest Income-140.58M154.04M124.76M75.48M137.71M157.82M
Revenues Before Loan Losses822.21M1.06B952.12M893.25M890.06M706.85M
Provision for Loan Losses4.72M48.81M50.95M89.43M63.91M-37.55M
Revenue817.49M1.01B901.17M803.82M826.15M744.40M
Salaries and Employee Benefits375.05M343.05M329.24M309.53M267.50M235.38M
Federal Deposit Insurance16.25M18.99M20.98M27.45M9.89M7.40M
Amortization of Goodwill & Intangibles12.54M13.08M14.60M15.18M6.83M4.04M
Selling, General & Administrative175.82M169.91M161.21M152.09M133.07M107.60M
Other Non-Interest Expense42.16M35.90M37.68M39.10M32.95M27.76M
Total Non-Interest Expense622.62M581.73M564.44M544.06M450.77M382.67M
EBT Excluding Unusual Items194.86M432.62M336.73M259.75M375.38M361.73M
Pretax Income185.98M422.41M323.01M232.54M356.00M347.76M
Income Tax Expense39.34M94.32M70.61M45.00M78.53M77.96M
Net Income146.64M328.10M252.40M187.54M277.47M269.80M
Preferred Dividends & Other Adjustments1.20M9.91M7.77M6.70M8.34M8.53M
Net Income to Common145.44M318.18M244.63M180.85M269.13M261.27M
Basic Shares Outstanding120.73M121.31M119.78M117.60M106.66M87.94M
Diluted Shares Outstanding120.95M121.44M119.90M117.75M106.78M88.10M
EPS (Basic)1.202.622.041.542.522.97
EPS (Diluted)1.202.622.041.542.522.97
Dividend Per Share1.010.980.940.920.860.78
Effective Tax Rate21.15%22.33%21.86%19.35%22.06%22.42%

Balance sheet

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Cash & Equivalents781.61M395.75M519.87M1.00B646.85M2.32B
Investment Securities6.55B1.92B1.90B1.72B1.69B1.89B
Trading Asset Securities93.76M35.31M46.88M50.35M50.64M42.48M
Mortgage-Backed Securities4.20B5.00B4.21B4.65B3.81B
Total Investments6.64B6.16B6.95B5.98B6.39B5.75B
Gross Loans18.99B19.40B18.19B18.33B15.34B11.77B
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 Loans18.81B19.17B17.97B18.11B15.18B11.66B
Property, Plant & Equipment409.53M430.76M437.08M421.23M338.46M274.72M
Goodwill925.12M907.09M919.91M751.17M452.01M
Other Intangible Assets1.03B42.76M49.55M70.17M28.07M20.40M
Loans Held for Sale34.49M39.38M57.53M33.01M13.60M44.11M
Accrued Interest Receivable83.56M85.62M87.78M72.81M43.00M
Long-Term Deferred Tax Assets75.86M96.98M113.21M129.31M41.32M
Other Real Estate Owned & Foreclosed2.95M2.40M2.06M1.19M49.00K43.00K
Other Long-Term Assets1.18B655.05M630.34M537.18M429.96M336.24M
Total Assets28.88B28.00B27.72B27.30B24.01B20.95B
Accrued Expenses447.19M253.59M244.62M255.28M235.71M168.78M
Interest Bearing Deposits18.14B16.39B17.25B16.78B12.23B11.28B
Institutional Deposits1.16B
Non-Interest Bearing Deposits6.75B6.25B6.21B6.53B7.64B6.96B
Total Deposits24.89B23.80B23.46B23.31B19.88B18.24B
Short-Term Borrowings138.00M272.83M84.81M258.48M25.14M
Current Portion of Leases10.02M
Long-Term Debt39.69M94.62M228.38M290.49M290.33M226.74M
Federal Home Loan Bank Debt, Long-Term550.00M
Long-Term Leases28.34M45.16M44.15M41.69M31.07M
Trust Preferred Securities25.77M25.77M34.33M34.33M20.62M
Other Long-Term Liabilities15.09M10.39M16.06M21.16M10.99M
Total Liabilities25.37B24.36B24.29B24.04B21.31B18.72B
Preferred Stock, Redeemable88.27M88.27M96.42M96.42M
Common Stock119.83M120.60M119.36M119.01M106.22M89.35M
Additional Paid-In Capital2.72B2.75B2.72B2.70B2.31B1.72B
Retained Earnings882.02M914.26M714.14M581.22M508.84M330.65M
Comprehensive Income & Other-219.53M-150.57M-212.92M-226.08M-317.18M-15.19M
Total Common Equity3.51B3.64B3.34B3.17B2.60B2.13B
Shareholders' Equity3.51B3.64B3.43B3.26B2.70B2.22B
Total Liabilities & Equity28.88B28.00B27.72B27.30B24.01B20.95B
Total Debt39.69M296.76M572.15M453.78M1.17B303.58M
Net Cash (Debt)835.68M134.31M-5.39M600.45M-477.34M2.06B
Net Cash Per Share6.911.11-0.045.10-4.4723.35
Filing Date Shares Outstanding119.83M119.61M119.44M119.08M115.03M105.98M
Total Common Shares Outstanding119.83M120.60M119.36M119.01M106.22M89.35M
Book Value Per Share29.2730.1728.0126.6624.5223.79
Tangible Book Value2.48B2.67B2.39B2.18B1.83B1.65B
Tangible Book Value Per Share20.7022.1520.0018.3417.1818.50

Cash flow statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Net Income328.10M252.40M187.54M277.47M269.80M
Depreciation & Amortization45.95M40.93M44.96M46.70M-2.06M
Gain (Loss) on Sale of Investments-352.00K3.32M53.33M3.87M-83.00K
Total Asset Writedown5.10M
Provision for Credit Losses48.81M50.95M89.43M63.91M-37.55M
Change in Other Net Operating Assets-52.86M-39.98M-87.47M206.46M113.14M
Other Operating Activities10.91M4.93M6.39M10.92M20.79M
Operating Cash Flow384.04M349.73M293.97M607.31M359.32M
Capital Expenditures-27.58M-47.04M-72.48M-42.70M-26.48M
Sale of Property, Plant and Equipment9.74M4.25M
Cash Acquisitions103.06M
Investment in Securities935.00M-1.05B780.46M-800.73M-2.07B
Divestitures41.25M8.59M113.95M35.24M
Net Decrease (Increase) in Loans Originated / Sold - Investing-934.10M82.72M-996.52M-1.23B178.23M
Other Investing Activities18.85M18.41M11.31M6.94M3.45M
Investing Cash Flow33.42M-991.04M-163.29M-2.02B-1.81B
Short-Term Debt Issued195.00M158.93M
Long-Term Debt Issued126.00M1.10M2.23B790.00M10.00M
Total Debt Issued126.00M196.10M2.23B948.93M10.00M
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)-245.00M126.44M-992.62M708.93M-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-36.30M149.49M1.34B-866.93M2.35B
Other Financing Activities-1.22M-13.00K-815.00K-7.03M-2.44M
Financing Cash Flow-541.57M157.31M226.34M-258.78M2.16B
Net Cash Flow-124.12M-484.00M357.02M-1.67B709.89M
Free Cash Flow356.46M302.69M221.49M564.60M332.84M
Free Cash Flow Margin35.14%33.59%27.55%68.34%44.71%
Free Cash Flow Per Share2.942.521.885.293.78
Cash Interest Paid476.08M551.36M408.53M58.71M32.00M
Cash Income Tax Paid49.86M18.53M57.96M50.50M55.75M

Ratios

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Market Capitalization4.51B3.80B3.85B3.48B3.59B3.21B
Last Close Price36.7330.5130.5726.7629.8830.96
PE Ratio31.2711.9315.7619.2513.3412.28
PS Ratio5.523.744.284.334.344.31
PB Ratio1.251.041.121.071.331.44
P/FCF Ratio12.4910.6512.7315.726.369.64
P/OCF Ratio11.619.8811.0211.845.918.93
Debt / Equity Ratio0.010.080.170.140.430.14
Debt / FCF Ratio0.831.892.052.080.91
Net Debt / Equity Ratio-0.24-0.040.00-0.180.18-0.93
Net Debt / FCF Ratio-0.380.02-2.710.84-6.18
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 Yield3.20%8.64%6.55%5.39%7.73%8.41%
FCF Yield8.01%9.39%7.85%6.36%15.73%10.37%
Dividend Yield2.76%3.11%2.91%3.15%2.54%2.17%
Payout Ratio86.40%37.56%46.99%59.57%33.79%27.35%
Buyback Yield / Dilution0.05%-1.28%-1.83%-10.27%-21.20%-5.83%
Total Shareholder Return2.80%1.83%1.08%-7.13%-18.66%-3.65%