UNITED COMMUNITY BANKS (UCB) Company Report

United Community Banks reported 11% year-over-year revenue growth and $0.71 operating earnings per share for Q4 2025, marking a 13% year-over-year improvement and contributing to $1 billion in revenue and $2.71 operating EPS for the full year.
The company executed a share repurchase of 1 million shares in Q4 2025 at an average price below $30 per share and increased its dividend to an annualized rate of $1 per share in Q3, with intentions to be more assertive on buybacks in 2026.
Net interest margin (NIM) increased four basis points to 3.62% in Q4 2025, with expectations for an additional two to four basis point increase in Q1 2026.
Loan growth was 4.4% annualized in Q4 2025, primarily in C&I and HELOC categories, and the company is targeting a 3%-3.5% expense growth rate for 2026, anticipating efficiency ratio improvement.
M&A opportunities are considered light, with the company focusing on organic growth and maintaining a selective approach to acquisitions.

Jan 14, 2026, 2:00 PM

Transcript

United Community Banks, Inc. Announces Q4 and Full-Year 2025 Results

UCB

Earnings

Dividends

Share Buyback

United Community Banks, Inc. (UCB) reported diluted GAAP earnings per share of $0.70 for Q4 2025 and $2.62 for the full year 2025, with revenue growth of 11% year-over-year in Q4 2025 and 12% for the full year 2025.
The company maintained strong financial health with total assets of $28.0 billion, total deposits of $23.8 billion, and total loans of $19.4 billion. The preliminary CET1 regulatory capital ratio stood at 13.4%.
UCB demonstrated robust capital management, repurchasing $30 million of common stock in Q4 2025 and authorizing a $100 million share repurchase program for 2026. A quarterly common dividend of $0.25 per share was also declared.
Loan growth was strong, increasing by $209 million (4.4% annualized) from Q3 2025 and $1.2 billion (6.6%) year-over-year. Customer deposits, however, saw a slight decline of $242 million (4.1% annualized) from Q3 2025 on an end-of-period basis.

Jan 14, 2026, 2:00 PM

Presentation

United Community Banks Reports Q4 and Full Year 2025 Financial Results

UCB

Earnings

Share Buyback

Guidance Update

United Community Banks reported strong financial results for Q4 2025, with operating earnings per share of $0.71, a 13% year-over-year improvement, and 11% year-over-year revenue growth. For the full year 2025, operating EPS grew 18% to $2.71, and revenue topped $1 billion with 12% year-over-year growth.
The company's net interest margin increased four basis points to 3.62% in Q4 2025, driven by a lower cost of funds and an increased loan-to-deposit ratio. Loan growth was 4.4% annualized, primarily in C&I and HELOC categories, while deposits grew 1% for the year.
In Q4 2025, United Community Banks repurchased 1 million shares at an average price below $30 per share and increased its dividend in Q3 to an annualized rate of $1 per share. The company anticipates being more assertive with buybacks in 2026.
Credit quality remained strong, with non-performing assets, past dues, and substandard loans stable at low levels. Net charge-offs were 34 basis points in Q4, primarily due to two C&I loans, but the outlook for 2026 charge-offs is expected to be stable at 20-25 basis points.
Looking into 2026, the company expects NIM to be up between two and four basis points in Q1 and is targeting a 3%-3.5% expense growth rate. The M&A strategy remains focused on organic growth due to a limited number of quality acquisition targets.

Jan 14, 2026, 2:00 PM

Transcript

United Community Banks Reports Q4 2025 Earnings

UCB

Earnings

Share Buyback

Guidance Update

For Q4 2025, United Community Banks reported operating earnings per share of $0.71, a 13% year-over-year improvement, contributing to a full-year 2025 operating EPS growth of 18% to $2.71 and total revenue exceeding $1 billion with 12% year-over-year growth.
The company increased its dividend to an annualized rate of $1 per share and repurchased 1 million shares in Q4 2025 at an average price below $30 per share, with intentions to be more assertive on buybacks in 2026.
Net interest margin (NIM) increased four basis points to 3.62% in Q4 2025, driven by a lower cost of funds, which improved by 21 basis points to 1.76%. NIM is expected to be up between two and four basis points in Q1 2026.
For 2026, the company is targeting an expense growth rate of 3% to 3.5% and plans to focus on organic growth rather than M&A, given a limited number of quality acquisition targets.

Jan 14, 2026, 2:00 PM

Transcript

United Community Banks, Inc. Reports Strong Fourth Quarter and Full-Year 2025 Earnings

UCB

Earnings

Share Buyback

Dividends

United Community Banks, Inc. reported net income of $86.5 million and diluted earnings per share (EPS) of $0.70 for the fourth quarter of 2025. For the full year 2025, net income was $328 million and diluted EPS was $2.62, representing a 28% increase from $2.04 in 2024.
Total revenue for the fourth quarter of 2025 improved 11% to $278.4 million from a year ago. For the full year 2025, total revenue reached $1.06 billion, an increase of 12% over $952 million in 2024.
The company's net interest margin (NIM) expanded to 3.62% in the fourth quarter of 2025, an increase of 36 basis points from a year ago and 4 basis points from the third quarter. Return on assets (GAAP) for Q4 2025 was 1.21%.
United Community Banks, Inc. maintained strong capital ratios, with preliminary Common Equity Tier 1 (CET1) of 13.4% and tangible common equity to tangible assets of 9.92% at year-end.
In the fourth quarter of 2025, the company repurchased 1.0 million common shares at an average price of $29.84 per share and declared a quarterly common dividend of $0.25 per share, up 4% year-over-year.

Jan 14, 2026, 12:41 PM

8-K

United Community Banks, Inc. Announces Extension of Share Repurchase Program

UCB

Share Buyback

United Community Banks, Inc. (UCB) announced that its Board of Directors approved a new common stock repurchase program.
This program authorizes the repurchase of up to $100.0 million of its outstanding common stock.
The new program will commence after the current one expires on December 31, 2025, and is scheduled to end on December 31, 2026.
The company has already repurchased $44 million in shares during 2025 under its current common stock repurchase program.

Dec 8, 2025, 9:34 PM

8-K

UCB Reports Strong Q3 2025 Earnings and Capital Position

UCB

Earnings

Dividends

Revenue Acceleration/Inflection

UCB reported Q3 2025 operating diluted earnings per share of $0.75 and a GAAP diluted EPS of $0.70.
The company achieved 27% year-over-year revenue growth and an operating efficiency ratio of 53.1%, marking a 432 bps year-over-year improvement.
Total loans grew by $254 million to $19,175 million , and customer deposits increased by $58 million from Q2 2025.
UCB maintained strong capital with a Common Equity Tier 1 (CET1) ratio of 13.4% and a Tangible Common Equity to Tangible Assets ratio of 9.7% , while also increasing its quarterly common dividend to $0.25 per share and redeeming $88 million of preferred stock.

Oct 22, 2025, 1:00 PM

Presentation

United Community Bank Reports Strong Q3 2025 Earnings with Revenue and Loan Growth

UCB

Earnings

Revenue Acceleration/Inflection

M&A

United Community Bank reported Q3 2025 operating earnings per share of $0.75, marking a 32% year-over-year improvement.
Revenue grew by more than $16 million compared to the second quarter, driven by an eight basis point improvement in net interest margin to 3.58% and 5.4% annualized loan growth.
The company grew deposits by $137 million (excluding seasonal public outflows) and reduced its cost of deposits to 1.97%.
Credit quality remained strong with net charge-offs at 16 basis points and a 13.4% CET1 ratio. The company also redeemed the remaining $88 million of its preferred stock.
Management noted increased interest from sellers regarding M&A opportunities and expects operating expenses to be flat in Q4, with a general growth rate of 3% to 4%.

Oct 22, 2025, 1:00 PM

Transcript

United Community Banks Reports Strong Q3 2025 Earnings with Revenue and Loan Growth

UCB

Earnings

Dividends

M&A

United Community Banks reported Q3 2025 operating earnings per share of $0.75, a 32% year-over-year improvement, driven by revenue growth of more than $16 million compared to the prior quarter.
The company achieved 5.4% annualized loan growth and an 8 basis point improvement in its net interest margin to 3.58%. Deposits grew by $137 million, or 2.6% annualized, excluding seasonal public outflows, and the cost of deposits decreased to 1.97%.
Credit quality remained strong with net charge-offs at 16 basis points and a provision for credit losses that declined by approximately $4 million compared to the previous quarter. The CET1 ratio remained strong at 13.4%.
UCB actively managed its capital, increasing its dividend and redeeming the remaining $88 million of preferred stock. The company also noted an increase in M&A opportunities, with more sellers expressing interest.

Oct 22, 2025, 1:00 PM

Transcript

United Community Banks, Inc. Reports Strong Third Quarter 2025 Earnings

UCB

Earnings

Dividends

Revenue Acceleration/Inflection

United Community Banks, Inc. reported net income of $91.5 million for the third quarter of 2025, with diluted earnings per share of $0.70 on a GAAP basis and $0.75 on an operating basis, representing a 32% increase in operating EPS from the year-ago quarter.
The company achieved 27% year-over-year revenue growth, with total revenue reaching $276.8 million in Q3 2025, and its net interest margin increased by eight basis points from the second quarter to 3.58%.
Loans grew by $254 million, or 5.4% annualized, and customer deposits, excluding seasonal public funds outflow, were up $137 million, or 2.6% annualized.
Key performance metrics showed improvement, with return on assets at 1.29% (GAAP) and 1.33% (operating), and the operating efficiency ratio improved to 53.1%.
The company increased its quarterly common dividend to $0.25 per share and maintained a strong preliminary Common Equity Tier 1 ratio of 13.4%.