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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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.

Shares of United Community Banks Inc (NASDAQ:UCBI) moved higher by 2.5% from the previous closing price.

Insider Buys United Community Banks' Stock

GREENVILLE, S.C., June  03, 2020  (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (“United”) today announced that it priced an underwritten public offering of 4,000,000 depositary shares with a liquidation value of $25.00 per share (the “Depositary Shares”) for gross proceeds of $100 million before deducting underwriting discounts and other estimated offering expenses.  Each Depositary Share represents a 1/1000th interest in a share in United’s 6.875% Non-Cumulative Perpetual Preferred Stock, Series I, $1.00 par value, with a liquidation preference of $25,000 per share (the “Series I Preferred Stock”).  The offering is expected to close on June 10, 2020, subject to customary closing conditions.

United Community Banks, Inc. Announces Pricing of $100 Million Offering of Non-Cumulative Perpetual Preferred Stock Depositary Shares

GREENVILLE, S.C., May  06, 2020  (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (“United”), reported that its Board of Directors approved a quarterly cash dividend of $0.18 per common share.  The dividend is payable July 6, 2020 to shareholders of record on June 15, 2020. 

United Community Banks, Inc. Announces Quarterly Cash Dividend

United Community Banks, Inc.'s (UCBI) CEO Lynn Harton on Q1 2020 Results - Earnings Call Transcript

United Community Banks (UCBI) delivered earnings and revenue surprises of -14.58% and 2.01%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

United Community Banks (UCBI) Q1 Earnings Lag Estimates

GREENVILLE, S.C., March  09, 2020  (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (“UCBI”) and Three Shores Bancorporation, Inc. (“Three Shores”) announced today a definitive agreement for UCBI to acquire Three Shores, including its wholly-owned subsidiary, Seaside National Bank & Trust (“Seaside”).

United Community Banks, Inc. and Three Shores Bancorporation, Inc.

GREENVILLE, S.C., Feb.  06, 2020  (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (“United”), reported that its Board of Directors approved a quarterly cash dividend of $0.18 per common share.  The dividend is payable April 6, 2020 to shareholders of record on March 16, 2020.  This represents a 12.5% increase over the quarterly dividend a year ago.

United Community Banks, Inc.   Announces Quarterly Cash Dividend

United Community Banks' (UCBI) CEO Lynn Harton on Q4 2019 Results - Earnings Call Transcript

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Let's see if United Community Banks, Inc. (UCBI) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

Is United Community Banks (UCBI) a Suitable Value Stock Now?

GREENVILLE, S.C., Nov.  07, 2019  (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (“United”), reported that its Board of Directors approved an increase of its regular quarterly cash dividend to $0.18 per common share.  The dividend is payable January 6, 2020 to shareholders of record on December 16, 2019.  This represents a 12.5% increase over the quarterly dividend a year ago.

United Community Banks, Inc. Announces Quarterly Cash Dividend Increase and an Updated Share Repurchase Program

United Community Banks, Inc. (UCBI) CEO Lynn Harton on Q3 2019 Results - Earnings Call Transcript

United Community Banks, Inc. (UCBI) CEO Lynn Harton on Q2 2019 Results - Earnings Call Transcript

United Community Banks, Inc. (UCBI) CEO Lynn Harton on Q1 2019 Results - Earnings Call Transcript

United Community Banks (UCBI) delivered earnings and revenue surprises of 3.70% and -0.44%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

News for United Community Banks Stock (UCBI)