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

Earnings data Q1 2021

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Earnings data Q1 2022

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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) delivered earnings and revenue surprises of -5.66% and 0.48%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

United Community Banks (UCBI) Q1 Earnings and Revenues Miss Estimates

United Community Banks (UCBI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for United Community Banks (UCBI) This Earnings Season?

United Community Banks (UCBI) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Down 14.6% in 4 Weeks, Here's Why You Should You Buy the Dip in United Community Banks (UCBI)

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Raymond James on Wednesday downgraded three bank stocks and upgraded one ahead of the first-quarter earnings season. Bright spots for banks include improving loan growth, potential expansion in net interest income as interest rates rise, and benign credit trends.

Raymond James tweaks ratings on Cullen/Frost Bankers, Banc of California, PCB Bancorp, United Community Banks

After losing some value lately, a hammer chart pattern has been formed for United Community Banks (UCBI), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

United Community Banks (UCBI) Could Find Support Soon, Here's Why You Should Buy the Stock Now

GREENVILLE, S.C., March 31, 2022 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) announces it will release its first quarter 2022 financial results on Tuesday, April 19, 2022 after the stock market closes. The company also will hold a conference call at 11:00 a.m. ET on Wednesday, April 20, 2022 to discuss its financial results, business highlights and outlook.

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

UCBI continued to see pressure on spread margin in Q4'21, but loan demand is recovering, and the bank has two recent M&A transactions in attractive markets to leverage. M&A is going to remain a part of UCBI's growth strategy for the foreseeable future, but there are opportunities to organically expand areas like ABL and SBA lending and gain share.

United Community Banks Still Following A Tested Formula

United Community Banks, Inc. (UCBI) CEO Lynn Harton on Q4 2021 Results - Earnings Call Transcript

United Community Banks (UCBI) delivered earnings and revenue surprises of -1.54% and 3.76%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

United Community Banks (UCBI) Lags Q4 Earnings and Revenue Estimates

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.

Earnings Preview: United Community Banks (UCBI) Q4 Earnings Expected to Decline

GREENVILLE, S.C., Jan. 06, 2022 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) announces it will release its fourth quarter 2021 financial results on Tuesday, January 18, 2022 after the stock market closes. The company also will hold a conference call at 11:00 a.m. ET on Wednesday, January 19, 2022 to discuss its financial results, business highlights and outlook.

United Community Banks, Inc. Announces Date for Fourth Quarter 2021 Earnings Release and Conference Call

GREENVILLE, S.C., Jan. 03, 2022 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (United) has completed its merger, effective January 1, 2022, with Reliant Bancorp, Inc. (NASDAQCM: RBNC) (Reliant), including its wholly-owned subsidiary, Reliant Bank, which was merged with and into United's bank subsidiary, United Community Bank, and will now operate under the United brand.

United Community Banks, Inc. Announces Completion of Merger with Reliant Bancorp, Inc. and Reliant Bank

United Community Banks (UCBI) announces a new share buyback program. This, along with regular dividend payments and inorganic expansion efforts, will continue to enhance shareholder value.

United Community (UCBI) Rewards Investors With New Buyback Plan

GREENVILLE, S.C., Nov. 18, 2021 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (United) announced that the Board of Directors authorized a share repurchase program of up to $50 million of United's outstanding common shares and extended the expiration to December 31, 2022. The shares may be repurchased periodically in open market transactions at prevailing market prices, in privately negotiated transactions, or by other means in accordance with federal securities laws, and the program may be modified, suspended or discontinued at any time without notice. The actual timing, number and value of shares repurchased under the program will be determined by management at its discretion and will depend on a number of factors, including the market price of United's stock, general market and economic conditions, and applicable legal requirements.

United Community Banks, Inc. Announces an Updated Share Repurchase Program

United Community Banks (UCBI) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

United Community Banks (UCBI) Soars to 52-Week High, Time to Cash Out?

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United Community Banks, Inc. (UCBI) CEO Lynn Harton on Q3 2021 Results - Earnings Call Transcript

United Community Banks (UCBI) delivered earnings and revenue surprises of 23.88% and 5.31%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

United Community Banks (UCBI) Surpasses Q3 Earnings and Revenue Estimates

GREENVILLE, S.C., Oct. 04, 2021 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) announces it will release its third quarter 2021 financial results on Tuesday, October 19, 2021 after the stock market closes. The company also will hold a conference call at 11:00 a.m. ET on Wednesday, October 20, 2021 to discuss its financial results, business highlights and outlook.

United Community Banks, Inc. Announces Date for Third Quarter 2021 Earnings Release and Conference Call

GREENVILLE, S.C., Oct. 01, 2021 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (United) has completed its merger, effective October 1, 2021, with Aquesta Financial Holdings, Inc. (OTC Pink: AQFH) (Aquesta), including its wholly-owned subsidiary, Aquesta Bank, which was merged into United's bank subsidiary, United Community Bank. Aquesta will now operate under the United brand.

United Community Banks, Inc. Announces Completion of Merger With Aquesta Financial Holdings, Inc. and Aquesta Bank

United Community Banks (UCBI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

All You Need to Know About United Community Banks (UCBI) Rating Upgrade to Strong Buy

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