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) reported second quarter 2026 GAAP diluted EPS of $0.95, up $0.32 year over year, and operating EPS of $0.71, up 8%. Net income was $115.6 million, while operating net income was $86.4 million. Total revenue reached $279.3 million, a 7% increase, driven by 6.8% annualized loan growth of $332 million and a fully taxable equivalent net interest margin of 3.68%, up 18 basis points year over year and the sixth consecutive quarter of margin expansion.
Results included a $38.5 million allowance release tied to reclassifying Navitas equipment finance loans to held-for-sale under a pending sale expected to close in the third quarter of 2026, producing a negative provision of $29.8 million. Excluding this, the provision was $8.7 million. Noninterest expense included a $4.5 million California lender’s license settlement for Navitas. United highlighted strong capital with preliminary CET1 of 13.5% and declared a quarterly dividend of $0.25 per share, up 4% year over year.
United Community Banks (NYSE: UCB) and Peach State Bancshares set 5:00 p.m. ET on July 20, 2026 as the deadline for Peach State shareholders of record to elect their preferred merger consideration under the April 20, 2026 Merger Agreement.
Shareholders may choose, per Peach State share, either $31.75 in cash (subject to withholding, without interest) or 0.8978 United common shares, with overall consideration prorated to achieve a 50% cash / 50% stock mix; cash will be paid instead of fractional United shares. United has received all required regulatory approvals and expects closing on August 3, 2026, subject to remaining conditions, including Peach State shareholder approval. Election materials and Peach State stock certificates must reach Continental Stock Transfer & Trust Company by the deadline, with a guaranteed delivery option for missing certificates and a final certificate receipt deadline of 5:00 p.m. ET on July 27, 2026. Non-electing shares will receive cash or stock according to the allocation and proration procedures in the Merger Agreement.
United Community Banks (NYSE:UCB) will release its second quarter 2026 financial results on Tuesday, July 21, 2026, before the market opens.
The bank will host a conference call at 9:00 a.m. EDT the same day to discuss results, business highlights, and outlook, with access via pre-registration, dial-in, or webcast through its investor relations website.
Wafra has agreed to acquire Navitas Credit Corp. from United Community Bank (NYSE: UCB) for approximately $1.9 billion in cash. Navitas, founded in 2008 and focused on equipment finance for small and mid-sized businesses, will retain its current management team.
The deal, expected to close in the third quarter of 2026 subject to customary conditions, includes acquisition financing from Bank of America and Wells Fargo plus $1.0 billion of additional capacity to support Navitas’ growth.
United Community Banks (NYSE:UCB) agreed to sell its equipment finance business, Navitas Credit Corp. and NLFC Reinsurance Corp., to funds managed by Wafra for $1.9 billion in cash, a 7% premium to Navitas’ loan portfolio par value.
According to United, the deal is expected to provide a $109 million one-time pre-tax earnings benefit, about 3% tangible book value accretion, and add 145 bps to CET1 capital. Navitas represents 10% of loans but about 50% of net charge-offs. Net proceeds should lower the pro forma loan-to-deposit ratio to 74% and be reinvested in lower-risk securities yielding 4.0–4.5%. Closing is targeted for the third quarter of 2026, subject to customary conditions, with Navitas’ leadership and employees expected to remain with the business.
United Community Banks (NYSE:UCB) declared a quarterly cash dividend of $0.25 per share on its common stock. The dividend is payable on July 3, 2026 to shareholders of record as of June 15, 2026, providing income-focused investors with scheduled cash returns.
United Community (NYSE: UCB) announced that Jefferson Harralson, executive vice president and chief financial officer, is retiring after nine years with the company.
Mr. Harralson will remain with United Community through the end of the year to support a smooth transition. The bank has engaged Korn Ferry to conduct a nationwide search for his successor.
United Community Banks (NYSE: UCB) will acquire Peach State Bancshares, the parent of Peach State Bank & Trust, in a stock-and-cash merger announced April 21, 2026.
The deal values Peach State at $100.8 million based on United's April 17, 2026 price; Peach State reported $788M assets, $498M loans, and $713M deposits as of March 31, 2026. Consideration is a choice of $31.75 cash or 0.8978 shares, with proration to split 50% stock/50% cash. Closing is expected in Q3 2026, subject to regulatory and shareholder approvals, and United forecasts EPS accretion of $0.09 in 2027 (or $0.12 assuming offsetting open-market repurchases).
United Community Banks (NYSE: UCB) reported Q1 2026 net income $84.3M and pre-tax, pre-provision income $119.2M. Diluted GAAP EPS was $0.69 and operating EPS $0.70 (up 19% year-over-year operating).
Total revenue rose 12% YoY to $276.5M, net interest margin was 3.65% (up 29 bps YoY), and the bank repurchased 1.09M shares at an average $33.97. United announced a definitive merger agreement to acquire Peach State Bancshares and declared a quarterly dividend of $0.25 per share.
United Community Banks (NYSE: UCB) will release first quarter 2026 financial results on Tuesday, April 21, 2026 before the market opens. The company will host a conference call at 9:00 a.m. EST the same day to discuss results, business highlights, and outlook.
Investors can pre-register at the provided registration link, dial in at 1-844-676-1337 if needed, or access a webcast via the Investor Relations "Events and Presentations" page at ucbi.com.