United Community Banks

United Community Banks, Inc. is a bank holding company, which engages in the provision of consumer and business banking services. The firm caters to individuals and small and medium-sized businesses. It offers checking, savings, mortgages, borrowing, digital baking, credit cards, and investing services. The company was founded in 1950 and is headquartered in Blairsville, GA.

Earnings data Q4 2020

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Earnings data Q1 2022

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

United Community Banks (UCBI) reports robust Q4 earnings and growth prospects

United Community Banks (UCBI) delivered strong financial performance in Q4 2022, driven by improved earnings, robust credit quality, and strategic acquisitions. While facing challenges such as deposit outflows and rising expenses, UCBI remains optimistic about future loan growth and opportunities in high-growth markets.

United Community Banks posts solid Q1 results amid strategic expansion

United Community Banks delivered solid financial performance in Q1 2023, with strong deposit and loan growth. The company's strategic acquisitions and focus on efficiency underscore its resilience and growth potential.
While facing challenges such as margin compression and expense management, United remains well-positioned to capitalize on opportunities in mortgage banking, acquisitions, and operational efficiency.
By addressing challenges effectively and leveraging growth opportunities, United Community Banks can sustain its growth trajectory and enhance profitability. The company's strategic initiatives and financial performance position it favorably in the competitive financial services landscape.
Investors should take note of United Community Banks' strong performance metrics, strategic acquisitions, and focus on efficiency as key drivers of future growth and value creation in the financial sector.

United Community Banks reports steady performance and strategic acquisitions

UCBI's performance saw slight declines in earnings per share but positive deposit and loan growth.
The bank is strategically managing expenses and focusing on customer retention post-acquisition.
Challenges include increased reserves and nonaccrual loans, with plans to wind down certain loan types.
Opportunities lie in customer relationship analysis, stable borrower ability, and growth prospects at First Miami.

United Community Banks reports Q3 challenges and opportunities for growth

UCBI demonstrated strong deposit growth and maintained a robust liquidity position. However, challenges in net interest margin and increased charge-offs impacted earnings. Expense management and fee income normalization are key focus areas for future growth.
Opportunities lie in optimizing expenses, normalizing charge-offs, and leveraging market presence. Strategic adjustments in response to margin expectations and cost savings realization are crucial for enhancing operational efficiency.
The company faces challenges in profitability amidst margin compression and expense escalation. Monitoring Navitas charge-offs and managing expenses while driving revenue growth are critical for sustained performance.

United Community Banks (UCBI) reports improved Q4 performance and targets growth in 2024

United Community Banks (UCBI) showed improved operating earnings and strong deposit growth in Q4 2023.
The company faces challenges in margin contraction, credit performance, and expense management.
Opportunities lie in managing rate exposures, improving credit results, and pursuing market share growth.
Overall, United Community Banks (UCBI) aims for enhancements in performance and strategic positioning in 2024.

United Community Banks reports solid Q1 performance amidst challenges

United Community Banks navigated Q1 2024 with resilience, maintaining strong credit metrics and liquidity. While facing challenges in loan growth and rising expenses, the company capitalized on opportunities in core deposit growth and noninterest income. Overall, the performance reflects stability and strategic positioning for future growth.

United Community Banks (UCBI) reports solid Q2 performance and eyes growth opportunities

United Community Banks (UCBI) delivered solid Q2 2024 performance with earnings per share growth, an expansion in net interest margin, and improved tangible book value. The company's balance sheet strength and focus on core wealth businesses are notable strengths.
Challenges include managing noninterest income, loan portfolio shrinkage, and credit quality movements. Opportunities lie in enhancing credit quality, strategic growth through M&A, and optimizing revenue streams.
UCBI's outlook for stable net interest margin, controlled expenses, and anticipated loan growth in Q3 and Q4 indicate a balanced approach to financial management and growth strategies.

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United Community Banks, Inc. is a bank holding company, which engages in the provision of diversified financial services. The firm also offers checking, savings, mortgages, borrowing, digital banking, credit cards, and investing services. The company was founded in 1950 and is headquartered in Greenville, SC.

United Community Banks (UCBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

United Community Banks (UCBI) Reports Next Week: Wall Street Expects Earnings Growth

GREENVILLE, S.C., March 30, 2023 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) announces it will release its first quarter 2023 financial results on Tuesday, April 18, 2023 after the stock market closes. The company also will hold a conference call at 11:00 a.m. ET on Wednesday, April 19, 2023 to discuss its financial results, business highlights and outlook.

United Community Banks, Inc. Announces Date for First Quarter 2023 Earnings Release and Conference Call

GREENVILLE, S.C. , March 28, 2023 /PRNewswire/ -- United Community Bank is proud to reveal its updated corporate logo, emphasizing the bank's purpose to build communities and help customers achieve their financial goals.

United Community Bank Announces New Logo

United Community Banks, Inc. flourishes while remaining viable amidst market volatility. It maintains an impeccable financial positioning, allowing it to sustain its expansion.

United Community Banks: Expanding And Flourishing With United Viability And Sustainability

Strengthening Position in Vibrant Miami Market Strengthening Position in Vibrant Miami Market

United Community Banks, Inc. and First Miami Bancorp, Inc. Announce Merger Agreement

Fourth-quarter earnings fell short of analysts' expectations

Why United Community Banks Stock Dropped 10.1% This Week

United Community Banks, Inc. (NASDAQ:UCBI ) Q4 2022 Earnings Conference Call January 18, 2023 11:00 AM ET Company Participants Lynn Harton - Chairman and Chief Executive Officer Jefferson Harralson - Chief Financial Officer Richard Bradshaw - President and Chief Banking Officer Robert Edwards - Chief Risk Officer Conference Call Participants Catherine Mealor - KBW Brad Milsaps - Piper Sandler Michael Rose - Raymond James Kevin Fitzsimmons - D.A. Davidson David Bishop - Hovde Group Jennifer Demba - Truist Securities Christopher Marinac - Janney Montgomery Scott Operator Good morning, and welcome to the United Community Banks Fourth Quarter Financial Results Conference Call.

United Community Banks, Inc. (UCBI) Q4 2022 Earnings Call Transcript

United Community Banks (UCBI) delivered earnings and revenue surprises of -9.64% and 1.56%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

United Community Banks (UCBI) Lags Q4 Earnings Estimates

GAAP EPS of $0.74, Return on Assets of 1.33% and Loan Growth of 12% GAAP EPS of $0.74, Return on Assets of 1.33% and Loan Growth of 12%

United Community Banks, Inc. Reports Fourth Quarter 2022 Results

GREENVILLE, S.C., Jan. 03, 2023 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (United) completed its merger with Progress Financial Corporation (Progress), effective January 3, 2023. In this transaction, Progress's bank subsidiary, Progress Bank and Trust, was merged into United's bank subsidiary, United Community Bank. Progress will now operate under the United brand.

United Community Banks, Inc. Announces Completion of Merger With Progress Financial Corporation

GREENVILLE, S.C., Jan. 03, 2023 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) announces it will release its fourth quarter 2022 financial results on Tuesday, January 17, 2023 after the stock market closes. The company also will hold a conference call at 11:00 a.m. ET on Wednesday, January 18, 2023 to discuss its financial results, business highlights and outlook.

United Community Banks, Inc. Announces Date for Fourth Quarter 2022 Earnings Release and Conference Call

UCBI's third quarter results saw above-average spread income growth and operating leverage, with modestly below-average loan growth and strong deposit cost performance. Management has continued its acquisitive ways, with a pending deal for an Alabama bank that further extends the company's footprint.

United Community Banks Combines Solid Execution With An Ongoing M&A Growth Story

GREENVILLE, S.C., Nov. 10, 2022 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (“United”), reported that its Board of Directors approved a quarterly cash dividend of $0.22 per share on the Company's common stock. The dividend is payable January 5, 2023 to shareholders of record as of December 15, 2022.

United Community Banks, Inc. Announces Quarterly Cash Dividends on Common and Preferred Stock and Share Repurchase Program

Does United Community Banks (UCBI) have what it takes to be a top stock pick for momentum investors? Let's find out.

United Community Banks (UCBI) Is Up 3.56% in One Week: What You Should Know

United Community Banks, Inc. (NASDAQ:UCBI ) Q3 2022 Earnings Conference Call October 19, 2022 11:00 AM ET Company Participants Lynn Harton - Chairman and Chief Executive Officer Jefferson Harralson - Chief Financial Officer Rich Bradshaw - President and Chief Banking Officer Rob Edwards - Chief Risk Officer Conference Call Participants Kevin Fitzsimmons - D.A. Davidson Brad Milsaps - Piper Sandler Michael Rose - Raymond James Catherine Mealor - KBW David Bishop - Hovde Group Christopher Marinac - Janney Montgomery Scott Presentation Operator Good morning, and welcome to United Community Banks Third Quarter 2022 Earnings Call.

United Community Banks, Inc. (UCBI) Q3 2022 Earnings Call Transcript

United Community Banks (UCBI) delivered earnings and revenue surprises of 0% and 1.78%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

United Community Banks (UCBI) Meets Q3 Earnings Estimates

United Community Banks (UCBI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

United Community Banks (UCBI) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

GREENVILLE, S.C., Sept. 30, 2022 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) announces it will release its third quarter 2022 financial results on Tuesday, October 18, 2022 after the stock market closes. The company also will hold a conference call at 11:00 a.m. ET on Wednesday, October 19, 2022 to discuss its financial results, business highlights and outlook.

United Community Banks, Inc. Announces Date for Third Quarter 2022 Earnings Release and Conference Call

GREENVILLE, S.C., Aug. 22, 2022 (GLOBE NEWSWIRE) -- United Community Banks, Inc. announced today that its Board of Directors has appointed George Bell as Director.

United Community Banks, Inc. Names George Bell to Board of Directors

United Community Banks' (UCBI) announcement of 4.7% dividend hikes cheers investors. This, along with the strategic acquisitions, will continue to drive shareholder value.

United Community Banks (UCBI) Ups Quarterly Dividend by 4.7%

United Community Banks, Inc. (NASDAQ:UCBI ) Q2 2022 Earnings Conference Call July 20, 2022 11:00 AM ET Company Participants Lynn Harton - Chairman and Chief Executive Officer Jefferson Harralson - Chief Financial Officer Rich Bradshaw - President and Chief Banking Officer Rob Edwards - Chief Risk Officer Conference Call Participants Brad Milsaps - Piper Sandler Jennifer Demba - Truist Michael Rose - Raymond James Kevin Fitzsimmons - D. A. Davidson David Bishop - Hovde Group Catherine Mealor - KBW Christopher Marinac - Janney Montgomery Scott LLC Operator Good morning, everyone.

United Community Banks, Inc. (UCBI) CEO Lynn Harton on Q2 2022 Results - Earnings Call Transcript

United Community Banks (UCBI) delivered earnings and revenue surprises of -4.35% and 0.37%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

United Community Banks (UCBI) Q2 Earnings Lag Estimates

GREENVILLE, S.C., July 01, 2022 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) announces it will release its second quarter 2022 financial results on Tuesday, July 19, 2022 after the stock market closes. The company also will hold a conference call at 11:00 a.m. ET on Wednesday, July 20, 2022 to discuss its financial results, business highlights and outlook.

United Community Banks, Inc. Announces Date for Second Quarter 2022 Earnings Release and Conference Call

Expanding Further into Attractive Southeastern Markets Expanding Further into Attractive Southeastern Markets

United Community Banks, Inc. and Progress Financial Corporation Announce Merger Agreement

United Community Banks, Inc. (NASDAQ:UCBI ) Q1 2022 Earnings Conference Call April 20, 2022 11:00 AM ET Company Participants Lynn Harton - Chairman & Chief Executive Officer Jefferson Harralson - Chief Financial Officer Rich Bradshaw - President & Chief Banking Officer Rob Edwards - Chief Risk Officer Conference Call Participants Jennifer Demba - Truist Brad Milsaps - Piper Sandler Catherine Mealor - KBW Michael Rose - Raymond James Brody Preston - Stephens Inc Kevin Fitzsimmons - D. A. Davidson David Bishop - Hovde Group Operator Good morning, and welcome to United Community Bank's First Quarter 2022 Earnings Call.

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