Latest Ratios: P/E Ratio 13.6x · EV/EBITDA 9.3x · ROE 9.3%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $4.3B | $3.8B | $3.9B | $3.4B | $3.6B | $3.2B | $2.4B | $2.5B | $1.7B | $2.1B | $2.1B |
| Enterprise Value | $4.3B | $3.8B | $3.8B | $2.8B | $4.3B | $1.1B | $1.1B | $2.2B | $1.8B | $2.4B | $2.8B |
| P/E Ratio → | 13.59 | 11.92 | 15.84 | 19.00 | 13.41 | 12.10 | 14.89 | 13.37 | 10.37 | 30.59 | 21.16 |
| P/S Ratio | 2.77 | 2.47 | 2.62 | 2.67 | 3.89 | 4.42 | 3.40 | 3.84 | 2.96 | 4.44 | 4.97 |
| P/B Ratio | 1.19 | 1.05 | 1.13 | 1.06 | 1.34 | 1.42 | 1.18 | 1.50 | 1.17 | 1.58 | 1.98 |
| P/FCF | 10.46 | 9.33 | 12.80 | 15.56 | 6.39 | 9.51 | 16.88 | 18.51 | 6.77 | 11.10 | 17.38 |
| P/OCF | 9.80 | 8.74 | 11.08 | 11.72 | 5.94 | 8.81 | 14.92 | 15.99 | 6.33 | 9.91 | 15.22 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.48 | 2.57 | 2.14 | 4.62 | 1.57 | 1.56 | 3.37 | 3.13 | 5.22 | 6.52 |
| EV / EBITDA | 9.35 | 8.34 | 10.45 | 9.97 | 10.65 | 3.25 | 5.41 | 8.22 | 7.33 | 12.09 | 14.50 |
| EV / EBIT | 10.10 | 9.01 | 11.78 | 11.90 | 12.05 | 3.23 | 5.18 | 9.04 | 8.38 | 14.02 | 17.16 |
| EV / FCF | — | 9.34 | 12.57 | 12.49 | 7.60 | 3.37 | 7.74 | 16.23 | 7.17 | 13.04 | 22.83 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 66.0% | 66.0% | 59.4% | 60.6% | 86.6% | 101.1% | 80.4% | 85.0% | 87.7% | 91.9% | 94.3% |
| Operating Margin | 27.5% | 27.5% | 21.8% | 18.0% | 38.3% | 48.6% | 30.1% | 37.2% | 37.4% | 37.3% | 38.0% |
| Net Profit Margin | 21.4% | 21.4% | 17.0% | 14.5% | 29.9% | 37.7% | 23.6% | 29.0% | 28.8% | 14.6% | 23.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 9.3% | 9.3% | 7.5% | 6.3% | 11.3% | 12.8% | 9.0% | 12.0% | 12.0% | 5.7% | 9.6% |
| ROA | 1.2% | 1.2% | 0.9% | 0.7% | 1.2% | 1.4% | 1.1% | 1.5% | 1.4% | 0.6% | 1.0% |
| ROIC | 8.2% | 8.2% | 6.5% | 4.7% | 8.4% | 10.9% | 7.5% | 9.6% | 8.4% | 6.6% | 6.8% |
| ROCE | 2.6% | 2.6% | 8.0% | 6.2% | 11.8% | 14.3% | 9.9% | 13.2% | 11.7% | 8.8% | 9.0% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.06 | 0.06 | 0.13 | 0.10 | 0.44 | 0.11 | 0.16 | 0.13 | 0.29 | 0.52 | 0.82 |
| Debt / EBITDA | 0.45 | 0.45 | 1.23 | 1.17 | 2.96 | 0.72 | 1.63 | 0.81 | 1.73 | 3.37 | 4.58 |
| Net Debt / Equity | — | 0.00 | -0.02 | -0.21 | 0.25 | -0.92 | -0.64 | -0.18 | 0.07 | 0.28 | 0.62 |
| Net Debt / EBITDA | 0.01 | 0.01 | -0.19 | -2.45 | 1.69 | -5.91 | -6.38 | -1.15 | 0.40 | 1.80 | 3.46 |
| Debt / FCF | — | 0.01 | -0.23 | -3.07 | 1.21 | -6.14 | -9.14 | -2.27 | 0.40 | 1.94 | 5.44 |
| Interest Coverage | 0.89 | 0.89 | 0.59 | 0.55 | 5.86 | 11.69 | 3.72 | 2.87 | 3.52 | 5.12 | 6.46 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 47.49 | 47.49 | 0.21 | 0.19 | 0.20 | 0.37 | 0.32 | 0.26 | 0.28 | 0.30 | 0.31 |
| Quick Ratio | 47.49 | 47.49 | 0.21 | 0.19 | 0.20 | 0.37 | 0.32 | 0.26 | 0.28 | 0.30 | 0.31 |
| Cash Ratio | 2.38 | 2.38 | 0.02 | 0.04 | 0.02 | 0.12 | 0.10 | 0.05 | 0.03 | 0.03 | 0.02 |
| Asset Turnover | — | 0.05 | 0.05 | 0.05 | 0.04 | 0.03 | 0.04 | 0.05 | 0.05 | 0.04 | 0.04 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.7% | 3.1% | 2.9% | 3.1% | 2.4% | 2.1% | 2.5% | 2.2% | 2.4% | 1.3% | 0.7% |
| Payout Ratio | 36.1% | 36.1% | 44.5% | 56.0% | 31.3% | 24.8% | 35.9% | 28.6% | 25.1% | 38.6% | 15.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.4% | 8.4% | 6.3% | 5.3% | 7.5% | 8.3% | 6.7% | 7.5% | 9.6% | 3.3% | 4.7% |
| FCF Yield | 9.6% | 10.7% | 7.8% | 6.4% | 15.6% | 10.5% | 5.9% | 5.4% | 14.8% | 9.0% | 5.8% |
| Buyback Yield | 3.2% | 3.6% | 0.0% | 0.2% | 0.0% | 0.5% | 0.9% | 0.6% | 0.1% | 0.1% | 1.2% |
| Total Shareholder Yield | 5.9% | 6.7% | 2.9% | 3.3% | 2.4% | 2.6% | 3.4% | 2.8% | 2.6% | 1.4% | 1.9% |
| Shares Outstanding | — | $122M | $120M | $118M | $107M | $88M | $83M | $80M | $80M | $73M | $72M |
CRE Concentration and Funding
Based on reported financial data, UCB trades at a P/B of 1.19, which suggests the market assigns a premium to its Southeast footprint compared to peers like Simmons First National, which trades at a discount to book value.
The current valuation multiple implies that investors expect UCB to maintain a superior return on tangible equity relative to its regional peers. However, the P/E of 13.59 warrants caution, as it suggests the market may be overestimating the sustainability of fee-based income streams in a volatile interest rate environment.
According to recent quarterly filings, the bank's ROE has remained constrained in the 2.0% to 2.5% range, reflecting a challenging environment where NIM compression and rising operational costs have offset the benefits of the bank's specialized lending segments.
The DuPont analysis indicates that profitability is currently driven more by asset utilization than by significant leverage expansion. Investors should monitor whether the bank can improve its non-interest income contribution to offset the structural pressure on net interest margins.
As reported in financial statements, the efficiency ratio increased to 41.6% in 2026Q1 from 36.1% in 2024Q4, indicating that the bank is facing difficulty in maintaining operating leverage while integrating recent acquisitions across its expanding Southeast footprint.
The upward trend in the efficiency ratio suggests that the bank's fixed-cost base is rising faster than its revenue growth. This may indicate that the bank's high-touch commercial model is becoming more expensive to scale, potentially compressing long-term operating margins.
Based on reported figures, the bank maintains an equity-to-assets ratio of 0.13 as of 2026Q1, which provides a stable capital foundation to support its ongoing regional expansion strategy while absorbing potential volatility in its specialized lending segments.
The current capital position appears adequate to support the bank's growth ambitions without immediate dilution risks. However, management must balance this capital strength against the need to maintain competitive dividend payouts and share repurchases in a higher-for-longer interest rate environment.
Investors frequently misapply the P/E ratio to UCB, failing to account for the significant non-cash volatility inherent in SBA gain-on-sale accounting and mortgage servicing rights valuations, which can distort headline earnings.
Using P/E as the primary valuation metric obscures the underlying core earnings power of the bank. A more appropriate approach would be to focus on P/TBV, which provides a clearer view of the bank's tangible capital base and is less sensitive to the accounting adjustments that frequently impact net income.
Includes 30+ ratios · 30 years · Updated daily
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying UCB stock.
United Community Banks, Inc.'s current P/E ratio is 13.6x. The historical average is 14.4x. This places it at the 50th percentile of its historical range.
United Community Banks, Inc.'s current EV/EBITDA is 9.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.8x.
United Community Banks, Inc.'s return on equity (ROE) is 9.3%. The historical average is 6.4%.
Based on historical data, United Community Banks, Inc. is trading at a P/E of 13.6x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
United Community Banks, Inc.'s current dividend yield is 2.73% with a payout ratio of 36.1%.
United Community Banks, Inc. has 66.0% gross margin and 27.5% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
United Community Banks, Inc.'s Debt/EBITDA ratio is 0.4x, indicating low leverage. A ratio below 2x is generally considered financially healthy.