UCB

MKT CAP:$4B

United Community Banks, Inc.

Market Cap

$4B

Financial Services·Banks - Regional·🇺🇸 United States·NYSE

Financials·Banks - Regional·🇺🇸·NYSE

Stock Price

$33.67+$2.22 (+7.06%)

Apr 23, 2026

Company Details

United 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 ac...

CEO

Herbert Lynn Harton

IPO Date

Jan 4, 2000

Website

www.ucbi.com

Key Metrics TTM

Revenue

$1.5B

+5.0% YoY

Net Income

$341M

EPS (Diluted)

$2.73

Free Cash Flow

$408M

Revenue / Share

$12.83

Gross Margin

68.0%

Operating Margin

28.4%

Net Margin

22.0%

FCF Margin

26.3%

P/S

2.6x

P/E

11.6x

Earnings Reports

Q1 2026

Apr 21, 2026

NEW

$378M+3.1%EPS $0.69

FY 2025

Feb 17, 2026

$1.5B+3.8%EPS $2.62

Q4 2025

Feb 17, 2026

$403M+6.3%EPS $0.71

Q3 2025

Nov 7, 2025

$391M+11.6%EPS $0.70

Q2 2025

Aug 8, 2025

$376M-0.7%EPS $0.63

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$215M	$201M	$86M
Q3 22	$240M	$211M	$104M
Q4 22	$269M	$218M	$106M
Q1 23	$304M	$214M	$80M
Q2 23	$327M	$209M	$82M
Q3 23	$350M	$199M	$60M
Q4 23	$311M	$161M	$11M
Q1 24	$372M	$221M	$81M
Q2 24	$379M	$228M	$86M
Q3 24	$351M	$196M	$60M
Q4 24	$380M	$234M	$96M
Q1 25	$366M	$228M	$91M
Q2 25	$376M	$243M	$101M
Q3 25	$391M	$263M	$118M
Q4 25	$403M	$281M	$113M
Q1 26	$378M	$266M	$108M

Valuation

Quarter	P/S	P/E
Q2 22	4.2x	13.6x
Q3 22	4.3x	14.4x
Q4 22	4.2x	14.1x
Q1 23	3.1x	11.1x
Q2 23	2.7x	10.7x
Q3 23	2.4x	11.7x
Q4 23	2.7x	18.8x
Q1 24	2.2x	16.1x
Q2 24	2.1x	15.7x
Q3 24	2.5x	18.3x
Q4 24	2.6x	15.4x
Q1 25	2.3x	13.1x
Q2 25	2.5x	13.3x
Q3 25	2.5x	12.1x
Q4 25	2.5x	11.9x
Q1 26	2.4x	11.0x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$200M	$193M
Q2 22	$147M	$137M
Q3 22	$161M	$151M
Q4 22	$99M	$83M
Q1 23	$90M	$67M
Q2 23	$95M	$74M
Q3 23	$87M	$72M
Q4 23	$22M	$8M
Q1 24	$89M	$75M
Q2 24	$105M	$87M
Q3 24	$8M	-$2M
Q4 24	$148M	$143M
Q1 25	$99M	$94M
Q2 25	$97M	$85M
Q3 25	$123M	$118M
Q4 25	$117M	$111M

Capital Expenditures

Quarter	CapEx
Q1 22	$7M
Q2 22	$9M
Q3 22	$10M
Q4 22	$16M
Q1 23	$23M
Q2 23	$21M
Q3 23	$15M
Q4 23	$13M
Q1 24	$14M
Q2 24	$18M
Q3 24	$10M
Q4 24	$6M
Q1 25	$4M
Q2 25	$12M
Q3 25	$5M
Q4 25	$6M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+21.9%	+53.6%
Q3 22	+31.3%	+56.1%
Q4 22	+52.7%	+48.2%
Q1 23	+48.2%	+54.7%
Q2 23	+52.2%	+90.5%
Q3 23	+45.6%	+112.1%
Q4 23	+15.6%	+84.2%
Q1 24	+22.2%	+29.9%
Q2 24	+15.8%	+19.3%
Q3 24	+0.2%	+0.2%
Q4 24	+22.3%	-5.4%
Q1 25	-1.4%	-5.4%
Q2 25	-0.7%	-5.8%
Q3 25	+11.6%	-6.1%
Q4 25	+6.3%	+2.7%
Q1 26	+3.1%	-2.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$2M	1.2%
Q2 22	$2M	1.1%
Q3 22	$2M	0.7%
Q4 22	$2M	0.8%
Q1 23	$2M	0.8%
Q2 23	$2M	0.7%
Q3 23	$2M	0.7%
Q4 23	$2M	0.6%
Q1 24	$2M	0.6%
Q2 24	$3M	0.7%
Q3 24	$3M	0.8%
Q4 24	$3M	0.8%
Q1 25	$2M	0.6%
Q2 25	$3M	0.8%
Q3 25	$3M	0.8%
Q4 25	$3M	0.8%

OpEx Breakdown

Quarter	G&A	S&M
Q2 22	$72M	$2M
Q3 22	$70M	$3M
Q4 22	$71M	$2M
Q1 23	$83M	$2M
Q2 23	$80M	$2M
Q3 23	$85M	$2M
Q4 23	$97M	$3M
Q1 24	$93M	$2M
Q2 24	$90M	$2M
Q3 24	$89M	$2M
Q4 24	$90M	$2M
Q1 25	$89M	$2M
Q2 25	$92M	$3M
Q3 25	$96M	$2M
Q4 25	$97M	$6M
Q1 26	$130M	$2M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$1.2B	$4.0B	$5.2B
Q3 22	$439M	$3.9B	$4.3B
Q4 22	$512M	$3.6B	$4.1B
Q1 23	$778M	$3.3B	$4.1B
Q2 23	$711M	$3.4B	$4.1B
Q3 23	$760M	$3.2B	$3.9B
Q4 23	$1.0B	$3.3B	$4.3B
Q1 24	$962M	$3.4B	$4.4B
Q2 24	$563M	$3.6B	$4.2B
Q3 24	$740M	$4.0B	$4.8B
Q4 24	$520M	$4.4B	$5.0B
Q1 25	$637M	$4.3B	$5.0B
Q2 25	$561M	$4.1B	$4.6B
Q3 25	$613M	$3.9B	$4.5B
Q4 25	$203M	$3.8B	$4.0B
Q1 26	$177M	$0	$177M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	107M	+0.0%	+22.1%
Q3 22	107M	+0.1%	+22.3%
Q4 22	107M	+0.1%	+18.7%
Q1 23	116M	+8.2%	+8.5%
Q2 23	116M	+0.1%	+8.6%
Q3 23	120M	+3.2%	+12.0%
Q4 23	120M	+0.1%	+12.0%
Q1 24	120M	+0.0%	+3.5%
Q2 24	120M	+0.0%	+3.4%
Q3 24	120M	+0.1%	+0.3%
Q4 24	120M	0.0%	+0.2%
Q1 25	120M	+0.2%	+0.4%
Q2 25	121M	+1.0%	+1.4%
Q3 25	122M	+0.7%	+1.9%
Q4 25	122M	-0.3%	+1.6%
Q1 26	121M	-0.9%	+0.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$73.6K	3K
Q3 22	$82.3K	3K
Q4 22	$88.2K	3K
Q1 23	$99.8K	3K
Q2 23	$107.3K	3K
Q3 23	$114.9K	3K
Q4 23	$99.5K	3K
Q1 24	$119.1K	3K
Q2 24	$121.3K	3K
Q3 24	$112.3K	3K
Q4 24	$127.4K	3K
Q1 25	$122.9K	3K
Q2 25	$126.3K	3K
Q3 25	$131.3K	3K
Q4 25	$131.4K	3K
Q1 26	$123.0K	3K

Revenue / Employee