United Community Banks, Inc. (UCB) 10-Year Financial Performance & Capital Metrics

UCB • • Banking & Credit

Financial ServicesRegional BanksCommunity & Regional Retail BankingSoutheast Community Banks

AboutUnited Community Banks, Inc. operates as the financial holding company for United Community Bank that provides financial products and services to commercial, retail, government, education, energy, health care, and real estate sectors. It accepts various deposit products, including checking, savings, money market, and other deposit accounts. The company also offers lending services, including real estate, consumer, and commercial loans, to individuals, small businesses, mid-sized commercial businesses, and non-profit organizations, as well as secured and unsecured, and mortgage loans. In addition, it originates loans partially guaranteed by the SBA and USDA loan programs. Further, the company provides wealth management services comprising financial planning, customized portfolio management, and investment advice; trust services to manage fiduciary assets; non-deposit investment products; and insurance products, including life insurance, long-term care insurance, and tax-deferred annuities, as well as invests in residential and commercial mortgage-backed securities, asset-backed securities, the U.S. treasury, the U.S. agency, and municipal obligations. Additionally, it offers reinsurance on a property insurance contract; insurance agency services; treasury management; credit cards; payment and commerce solution, equipment finance, investment advisory, and other related financial services; brokerage services; and payment processing, merchant, wire transfer, private banking, and other related financial services. The company was founded in 1950 and is headquartered in Blairsville, Georgia.Show more

Net Interest Income $827M +1.2%
Total Revenue $1.48B +14.6%
Net Income $252M +34.6%
Return on Equity 7.54% +19.9%
Net Interest Margin 2.98% -0.4%
Efficiency Ratio 37.56% -11.8%
ROA 0.92% +25.5%
Equity / Assets 12.38% +3.6%
Book Value per Share 28.61 +3.3%
Tangible BV/Share 20.64 +7.0%
Debt/Equity 0.13 +31.4%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient operations: 37.6% efficiency ratio
✓Well capitalized: 12.4% equity/assets
✓Healthy dividend yield of 2.8%
✓Trading near 52-week high
✓Trading at only 1.2x book value

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y17.15%

5Y18.22%

3Y27.38%

TTM-

Profit (Net Income) CAGR

10Y14.08%

5Y6.33%

3Y-2.2%

TTM66.51%

EPS CAGR

10Y6.27%

5Y-2.46%

3Y-11.77%

TTM63.64%

ROCE

10Y Avg10.11%

5Y Avg10.06%

3Y Avg8.69%

Latest8.02%

Peer Comparison

Southeast Community Banks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
FFINFirst Financial Bankshares, Inc.	4.68B	32.65	20.93	18.79%	30.24%	14.14%	6.26%	0.12
FHNFirst Horizon Corporation	11.85B	24.44	17.97	4.71%	15.7%	9.58%	10.33%	0.50
AUBAtlantic Union Bankshares Corporation	5.47B	38.36	17.13	28.8%	15.53%	4.22%	5.51%	0.17
UCBUnited Community Banks, Inc.	4.09B	33.91	16.62	14.65%	17.05%	8.83%	7.4%	0.13
SNVSynovus Financial Corp.	6.95B	50.05	16.52	1.16%	14.09%	13.7%	11.01%	0.35
PNFPPinnacle Financial Partners, Inc.	14.67B	97.65	16.38	15.32%	16.65%	9.1%	5.5%	0.39
CADECadence Bank	8.27B	44.40	16.03	32.37%	18.03%	9.08%	9.39%	0.01
ABCBAmeris Bancorp	5.56B	81.41	15.69	9.75%	21.97%	9.91%	2.53%	0.11

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	257.42M	309.78M	355.99M	438.75M	469.39M	501.76M	549.03M	752.36M	817.76M	827.37M
NII Growth %	0.15%	0.2%	0.15%	0.23%	0.07%	0.07%	0.09%	0.37%	0.09%	0.01%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	278.53M	335.02M	389.72M	500.08M	552.71M	558M	578.79M	813.15M	1.24B	1.38B
Interest Expense	21.11M	25.24M	33.73M	61.33M	83.31M	56.24M	29.76M	60.8M	419.34M	550.37M
Loan Loss Provision	3.7M	-800K	3.8M	9.5M	13.15M	80.43M	-37.55M	63.91M	89.43M	50.95M
Non-Interest Income+	72.53M	93.7M	74.26M	77.64M	88.28M	137.6M	137.48M	115.77M	54.18M	102.67M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	351.06M	428.72M	463.98M	577.72M	640.98M	695.6M	716.27M	928.93M	1.29B	1.48B
Revenue Growth %	0.15%	0.22%	0.08%	0.25%	0.11%	0.09%	0.03%	0.3%	0.39%	0.15%
Non-Interest Expense	211.24M	241.29M	253.61M	290.96M	305.81M	349.48M	376.3M	448.22M	549.97M	556.09M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	115.01M	162.99M	172.83M	215.93M	238.71M	209.44M	347.76M	356M	232.54M	323.01M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.07%	0.42%	0.06%	0.25%	0.11%	-0.12%	0.66%	0.02%	-0.35%	0.39%
Pretax Income+	115.01M	162.99M	172.83M	215.93M	238.71M	209.44M	347.76M	356M	232.54M	323.01M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	43.44M	62.34M	105.01M	49.81M	52.99M	45.36M	77.96M	78.53M	45M	70.61M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	71.58M	100.66M	67.82M	166.11M	185.72M	164.09M	269.8M	277.47M	187.54M	252.4M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.06%	0.41%	-0.33%	1.45%	0.12%	-0.12%	0.64%	0.03%	-0.32%	0.35%
Net Income (Continuing)	71.58M	100.66M	67.82M	166.11M	185.72M	164.09M	269.8M	277.47M	187.54M	252.4M
EPS (Diluted)+	1.09	1.40	0.92	2.07	2.31	1.91	2.97	2.52	1.54	2.04
EPS Growth %	-0.02%	0.28%	-0.34%	1.25%	0.12%	-0.17%	0.55%	-0.15%	-0.39%	0.32%
EPS (Basic)	1.09	1.40	0.92	2.07	2.31	1.91	2.97	2.52	1.54	2.04
Diluted Shares Outstanding	65.49M	71.92M	73.26M	79.67M	79.71M	83.25M	88.1M	106.78M	117.75M	119.95M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	240.36M	217.35M	314.27M	327.26M	515.21M	1.61B	2.29B	511.85M	1B	519.87M
Short Term Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Total Investments+	8.63B	9.68B	10.67B	11.27B	11.4B	15.07B	17.4B	21.47B	24.02B	24.88B
Investments Growth %	0.26%	0.12%	0.1%	0.06%	0.01%	0.32%	0.15%	0.23%	0.12%	0.04%
Long-Term Investments	6.34B	7.24B	8.05B	8.64B	9.13B	11.85B	12.9B	17.85B	20.68B	20.44B
Accounts Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	130.61M	142.03M	220.59M	307.11M	327.43M	367.81M	452.01M	751.17M	919.91M	907.09M
Intangible Assets	16.81M	14.2M	23.81M	16.96M	14.82M	14.01M	20.4M	28.07M	70.17M	49.55M
PP&E (Net)	178.16M	189.94M	208.85M	206.14M	215.98M	218.49M	245.3M	298.46M	378.42M	394.26M
Other Assets	199.57M	287.73M	358.37M	347.37M	373.8M	428.37M	455.91M	749.72M	707.9M	789.08M
Total Current Assets	2.56B	2.68B	2.96B	2.99B	2.82B	4.88B	6.83B	4.2B	4.42B	5.04B
Total Non-Current Assets	7.06B	8.03B	8.95B	9.58B	10.09B	12.91B	14.12B	19.81B	22.87B	22.68B
Total Assets+	9.62B	10.71B	11.92B	12.57B	12.92B	17.79B	20.95B	24.01B	27.3B	27.72B
Asset Growth %	0.27%	0.11%	0.11%	0.06%	0.03%	0.38%	0.18%	0.15%	0.14%	0.02%
Return on Assets (ROA)	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Accounts Payable	0	0	0	0	0	0	0	0	0	0
Total Debt+	610.6M	884.29M	675.2M	427.19M	212.66M	326.96M	247.36M	1.19B	324.82M	449.15M
Net Debt	370.24M	666.94M	360.92M	99.92M	-302.54M	-1.28B	-2.04B	680.68M	-679.05M	-70.72M
Long-Term Debt	593.96M	884.29M	625.2M	267.19M	212.66M	326.96M	247.36M	874.66M	324.82M	254.15M
Short-Term Debt	16.64M	5M	50M	160M	0	0	0	317.87M	0	195M
Other Liabilities	28.82M	27.65M	25.38M	26.43M	15.52M	29M	25.14M	-59.39M	400.29M	378M
Total Current Liabilities	7.98B	8.72B	9.96B	10.82B	11.05B	15.43B	18.45B	20.49B	23.31B	23.66B
Total Non-Current Liabilities	622.79M	911.93M	650.57M	293.62M	228.18M	355.96M	272.5M	815.27M	725.12M	632.16M
Total Liabilities	8.6B	9.63B	10.61B	11.12B	11.28B	15.79B	18.72B	21.31B	24.04B	24.29B
Total Equity+	1.02B	1.08B	1.3B	1.46B	1.64B	2.01B	2.22B	2.7B	3.26B	3.43B
Equity Growth %	0.38%	0.06%	0.21%	0.12%	0.12%	0.23%	0.11%	0.22%	0.21%	0.05%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.08%	0.1%	0.06%	0.12%	0.12%	0.09%	0.13%	0.11%	0.06%	0.08%
Book Value per Share	15.55	14.96	17.79	18.29	20.52	24.12	25.22	25.29	27.70	28.61
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	71.48M	70.9M	77.58M	79.23M	79.01M	86.67M	89.35M	106.22M	119.01M	119.36M
Additional Paid-in Capital	1.29B	1.28B	1.45B	1.5B	1.5B	1.64B	1.72B	2.31B	2.7B	2.71B
Retained Earnings	-330.88M	-251.86M	-209.9M	-90.42M	40.15M	136.87M	330.65M	508.84M	581.22M	714.14M
Accumulated OCI	-25.45M	-26.48M	-25.24M	-41.59M	8.39M	37.71M	-26.48M	-329.49M	-239.19M	-212.92M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	9.99M	0	0	0	0	96.42M	96.42M	96.42M	88.27M	88.27M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	113.43M	139.91M	207.96M	270.01M	153.93M	158.68M	359.32M	607.31M	293.97M	349.73M
Operating CF Growth %	0.14%	0.23%	0.49%	0.3%	-0.43%	0.03%	1.26%	0.69%	-0.52%	0.19%
Net Income	71.58M	100.66M	67.82M	166.11M	185.72M	164.09M	269.8M	277.47M	187.54M	250.92M
Depreciation & Amortization	22.65M	29.97M	27.49M	30.97M	23.95M	-8.59M	-2.06M	46.7M	44.96M	40.93M
Deferred Taxes	38.3M	59.73M	99.56M	32.63M	14.91M	2.67M	20.79M	10.92M	6.39M	7.2M
Other Non-Cash Items	1.13M	-11.73M	-6.74M	879K	7.3M	74.27M	-48.9M	57.05M	133.62M	79.86M
Working Capital Changes	-24.63M	-43.21M	13.99M	33.36M	-87.31M	-81.64M	113.14M	206.46M	-87.47M	-39.98M
Cash from Investing+	-400.44M	-732.33M	-45.51M	-359.48M	163.22M	-1.58B	-1.81B	-2.02B	-163.29M	-991.04M
Purchase of Investments	-859.35M	-717M	-973.59M	-578.32M	-353.87M	-1.63B	-3.41B	-2.06B	-1B	-2.06B
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	35.5M	1.91M	53.68M	-56.8M	-19.55M	195.7M	103.06M	35.24M	113.95M	8.59M
Other Investing	-275.32M	-660.53M	-106.76M	-280.74M	-194.66M	-1.06B	185.93M	-1.21B	-985.21M	101.13M
Cash from Financing+	334.73M	569.4M	-65.53M	102.46M	-129.21M	2.52B	2.16B	-258.78M	226.34M	157.31M
Dividends Paid	-14.87M	-15.89M	-26.21M	-41.63M	-53.04M	-62.45M	-73.79M	-93.76M	-111.72M	-118.61M
Share Repurchases	-1.48M	-24.84M	-1.7M	-2M	-14.71M	-20.78M	-15.1M	0	-7.15M	0
Stock Issued	0	0	0	0	0	0	0	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	1000K	-1000K	-1000K	-1000K	-1000K	-1000K	1000K	-1000K	1000K
Other Financing	196.18M	365.9M	287.52M	728.66M	153.81M	2.53B	2.35B	-873.96M	1.34B	149.47M
Net Change in Cash+	47.71M	-23.02M	96.93M	12.99M	187.94M	1.09B	709.89M	-1.67B	357.02M	-484M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	192.66M	240.36M	217.35M	314.27M	327.26M	515.21M	1.61B	2.32B	646.85M	1B
Cash at End	240.36M	217.35M	314.27M	327.26M	515.21M	1.61B	2.32B	646.85M	1B	519.87M
Interest Paid	21.6M	32.14M	34.66M	56.83M	85.97M	59.97M	0	0	0	0
Income Taxes Paid	4.2M	3.95M	6.51M	7.88M	33.78M	36.54M	0	0	0	0
Free Cash Flow+	102.89M	122.54M	185.78M	252.39M	132.99M	140.22M	332.84M	564.6M	221.49M	302.69M
FCF Growth %	0.09%	0.19%	0.52%	0.36%	-0.47%	0.05%	1.37%	0.7%	-0.61%	0.37%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	8.14%	9.61%	5.7%	12.03%	12.01%	9.01%	12.76%	11.27%	6.29%	7.54%
Return on Assets (ROA)	0.83%	0.99%	0.6%	1.36%	1.46%	1.07%	1.39%	1.23%	0.73%	0.92%
Net Interest Margin	2.68%	2.89%	2.99%	3.49%	3.63%	2.82%	2.62%	3.13%	3%	2.98%
Efficiency Ratio	60.17%	56.28%	54.66%	50.36%	47.71%	50.24%	52.54%	48.25%	42.59%	37.56%
Equity / Assets	10.59%	10.05%	10.94%	11.59%	12.66%	11.28%	10.61%	11.25%	11.95%	12.38%
Book Value / Share	15.55	14.96	17.79	18.29	20.52	24.12	25.22	25.29	27.7	28.61
NII Growth	15.5%	20.34%	14.91%	23.25%	6.98%	6.9%	9.42%	37.03%	8.69%	1.17%
Dividend Payout	20.71%	15.75%	38.65%	25.06%	28.56%	35.9%	24.8%	31.31%	56.03%	44.5%

Frequently Asked Questions

Valuation & Price

United Community Banks, Inc. (UCB) has a price-to-earnings (P/E) ratio of 16.6x. This is roughly in line with market averages.

Growth & Financials

United Community Banks, Inc. (UCB) grew revenue by 14.6% over the past year. This is steady growth.

Yes, United Community Banks, Inc. (UCB) is profitable, generating $317.5M in net income for fiscal year 2024 (17.0% net margin).

Dividend & Returns

Yes, United Community Banks, Inc. (UCB) pays a dividend with a yield of 2.76%. This makes it attractive for income-focused investors.

United Community Banks, Inc. (UCB) has a return on equity (ROE) of 7.5%. This is below average, suggesting room for improvement.

Industry Metrics

United Community Banks, Inc. (UCB) has a net interest margin (NIM) of 3.0%. NIM has been under pressure due to interest rate environment.

United Community Banks, Inc. (UCB) has an efficiency ratio of 37.6%. This is excellent, indicating strong cost control.

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