United Community Banks, Inc. (NYSE: UCB) is the financial holding company for United Community, a top 100 U.S. financial institution serving the Southeast through a network of banking offices and digital channels. This news page aggregates company announcements, earnings releases and other disclosures related to UCB stock and the underlying banking business.
Recent news releases highlight quarterly and annual earnings, including net income, pre-tax pre-provision income, total revenue, net interest margin and efficiency ratio. United Community frequently reports on trends in loan growth, customer deposits, nonperforming assets, allowance for credit losses and capital ratios such as Common Equity Tier 1. These updates give investors and observers insight into the bank’s balance sheet, profitability and credit quality over time.
In addition to earnings, United Community uses news releases to announce capital management actions and corporate developments. Examples from the provided disclosures include the approval of a common stock repurchase program by the Board of Directors, the redemption of all outstanding shares of 6.875% Series I Non-Cumulative Perpetual Preferred Stock and regular quarterly cash dividends on common stock. The company also issues releases about the timing of upcoming earnings releases and related conference calls and webcasts.
United Community’s news flow also emphasizes its market position and recognition. Press releases describe the bank as an 11-time winner of J.D. Power’s award for highest customer satisfaction among consumer banks in the Southeast and note honors from American Banker, Greenwich and Forbes. Readers following UCB news can expect updates on financial performance, capital decisions, dividends, preferred stock actions, conference call logistics and awards. Bookmark this page to monitor the latest official announcements and historical news items for United Community Banks, Inc.
United Community Banks (NYSE: UCB) will release its third-quarter 2026 financial results before the market opens on October 20, 2026.
A conference call will follow at 8:30 a.m. ET that day to discuss financial results, business highlights and outlook. The call will also be webcast through the Investor Relations section of ucbi.com.
United Community Bank (UCB) marked its foundation's fifth anniversary, reporting $2.96 million awarded in community grants to date.
The foundation has awarded 1,146 grants to 753 organizations across Alabama, Florida, Georgia, North Carolina, South Carolina and Tennessee. Employees nominate organizations where they volunteer to help direct local giving.
United Community Banks (UCB) completed several 2026 balance sheet actions, including the sale of Navitas and a large securities repositioning.
The Navitas sale generated approximately $2.0 billion of proceeds. United reclassified $2.2 billion of held-to-maturity securities to available-for-sale and sold about $2.6 billion of lower-yielding securities with a 2.20% weighted average yield, 5.5‑year duration and 6.5‑year life. Proceeds from Navitas and the sales are initially being redeployed into cash and short‑duration securities yielding about 4.5% with roughly two‑year duration, with an intent to remix further into organic loan growth.
The company expects a pre-tax loss of about $300 million on the repositioning, net of a $64 million pre-tax gain on the Navitas sale, leading to a third‑quarter 2026 net loss but positive net income for the nine months ended September 30, 2026. Proforma CET1 was about 14.5% after the Navitas sale and is projected to remain above 13% for third quarter 2026 after the repositioning and the Peach State acquisition. United also boosted revenue producers by close to 20% over the past year and repurchased $50 million of common stock in the third quarter to date.
On September 1, 2026, the Executive Committee authorized a $100 million increase to the existing share repurchase program through December 31, 2027, on top of $87 million already repurchased in 2026, leaving $13 million under the prior authorization before the increase. Purchases are discretionary, subject to market conditions, and may be executed via multiple methods and funding sources.
United Community Banks (NYSE: UCB) has completed the previously announced sale of its equipment finance business, Navitas Credit Corp. and NLFC Reinsurance Corp. (collectively Navitas), to funds managed by Wafra Inc., acting through Navitas TopCo, for approximately $2.0 billion in cash. The deal reflects a 7% premium to the par value of Navitas’ loan portfolio and is intended to strengthen United’s liquidity and capital while sharpening its focus on core Southeastern relationship banking and reducing its risk profile.
United Community (UCB) has appointed Dr. Jeff Beisler-Snell as head of International Banking and Capital Markets, based in Greenville, S.C. He will lead a new international banking team focused on supporting clients with international payments, foreign exchange, trade services, and cross-border treasury needs.
The team will work closely with United Community’s Treasury Management group to help customers move money globally. Beisler-Snell has more than 20 years of experience in international banking, treasury management, FX, trade finance, and international payments, and holds a Ph.D. and M.S. in Industrial and Organizational Psychology, a B.S. in Finance, and professional certifications in treasury management and human resources.
United Community (NYSE: UCB) appointed Tom Speir as executive vice president and chief financial officer, effective September 8, 2026, succeeding retiring CFO Jefferson Harralson. Speir brings more than 20 years of experience in balance sheet management, M&A, strategic planning, and investor relations to support the bank’s long-term growth.
United Community (NASDAQ: UCB) appointed Sean Simpson as chief commercial banking officer, effective August 13, 2026. He will oversee the bank's commercial banking strategy and specialty lines, including asset-based lending, middle market, franchise, commercial real estate, renewable energy, treasury services and public finance.
Simpson brings over 25 years of banking and financial services experience across commercial, business and retail banking, private wealth management and market operations. United Community said his hiring supports its focus on growth, relationship banking and building high-performing teams.
United Community Banks (NYSE: UCB) announced that its Board of Directors approved a 4% increase in the quarterly cash dividend on its common stock, bringing the dividend to $0.26 per share. The dividend is payable on October 5, 2026, to shareholders of record on September 15, 2026, according to the company.
United Community Banks (NYSE: UCB) has appointed industry veteran Carl S. Carande to its Board of Directors. Carande has 40 years of experience in financial services and Big Four consulting, advising CEOs and boards on finance, enterprise risk, technology, talent and organizational strategy.
Carande spent 25 years at KPMG, serving as Global Head of Advisory and U.S. Advisory Vice Chair, where he rebuilt the Southeast Advisory practice and developed a Business Integration Risk Management offering focused on post-merger execution and operational risk. He previously led corporate cash management pricing and analysis at Bank of America. According to United Community, his strategic perspective and risk, integration and performance-improvement expertise are expected to support the company’s continued growth and governance.
United Community Banks (NYSE: UCB) completed its merger with Peach State Bancshares, parent of Peach State Bank & Trust, effective August 1, 2026, with United as the surviving company. Immediately afterward, Peach State Bank was merged into United’s bank subsidiary, United Community Bank.
Peach State Bank, headquartered in Gainesville, Georgia, will adopt the United Community brand after core systems, signage, and branding are converted, which United expects in the first quarter of 2027. As of June 30, 2026, Peach State Bank reported $784 million in total assets, $524 million in total loans, and $707 million in total deposits, across branches in Gainesville and Braselton. United highlighted the cultural fit and the opportunity to deepen its presence in fast-growing Hall County, while Peach State’s leadership emphasized continued customer service and growth under United’s platform.