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

Rhea-AI Summary

United Community Banks (NYSE: UCB) announced a Board-approved common stock repurchase program authorizing up to $100.0 million of repurchases from January 1, 2026 through December 31, 2026.

The program permits purchases on the open market, in privately negotiated transactions, or by other lawful means. The company repurchased $44 million of shares in 2025 under its current program. Repurchases may be modified, suspended or discontinued at the company’s discretion and are dependent on stock price, market conditions and other factors.

As of September 30, 2025, the company reported $28.1 billion in assets and operated 199 offices.

Positive

• Board authorized up to $100.0 million common stock repurchase
• Company repurchased $44 million of shares in 2025

Negative

• Repurchase program is not binding and may be suspended or discontinued
• Repurchases depend on market conditions and company discretion

Key Figures

Buyback authorization $100.0 million Maximum common stock repurchases under new program

2025 repurchases $44 million Shares repurchased in 2025 under current program

Program start December 31, 2025 New program begins after current program expiration

Program end December 31, 2026 Scheduled end date for new repurchase authorization

Total assets $28.1 billion As of September 30, 2025

Branch offices 199 offices Operating across six southeastern states

J.D. Power awards 11-time winner Highest customer satisfaction among consumer banks in Southeast

Best Banks to Work For Eight consecutive years Recognized by American Banker

Market Reality Check

$32.39 Last Close

Volume Volume 523,547 vs 20-day average 649,347 (relative volume 0.81) normal

Technical Price 31.21 is trading above 200-day MA at 29.86 and 9.72% below 52-week high 34.57

Peers on Argus

Peers show mixed, mostly modest moves with changes from -0.71% (BANF) to +1.05% (SFBS), suggesting today’s setup is more stock-specific than a broad regional bank move.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 13	Dividend declaration	Positive	+0.9%	Announced quarterly cash dividend of $0.25 per common share.
Nov 13	Workplace award	Positive	-0.5%	Climbed 32 spots on 2025 Best Banks to Work For list.
Oct 22	Quarterly earnings	Positive	-0.5%	Reported higher net income, EPS, revenue and loan growth in Q3 2025.
Sep 26	Earnings call notice	Neutral	+0.6%	Set date and time for Q3 2025 earnings release and conference call.
Sep 17	Earnings update	Positive	+1.0%	Highlighted strong Q2 2025 results and improved net interest margin.

Pattern Detected

Recent news often skews positive (dividends, earnings, awards), yet price reactions have been mixed, with both gains and modest selloffs on favorable updates.

Recent Company History

Over the last few months, United Community Banks reported strong financial results, including Q3 2025 net income of $91.5 million and revenue of $276.8 million, alongside balance sheet growth and solid capital ratios. The company also raised its quarterly dividend to $0.25 and continued to receive workplace and brand recognitions. Price reactions to these announcements have varied, sometimes rising on operational strength and sometimes dipping on positive news, framing today’s buyback authorization within a backdrop of generally constructive fundamentals and capital returns.

Regulatory & Risk Context

Active S-3 Shelf Registration 2025-12-01

An automatic shelf registration on Form S-3ASR filed on 2025-12-01 allows United Community Banks, Inc. and certain future selling securityholders to offer various securities over time for general corporate purposes, including potential stock repurchases, subject to terms set in future prospectus supplements.

Market Pulse Summary

This announcement extends United Community Banks’ capital return strategy by authorizing repurchases of up to $100.0 million in common stock from the end of 2025 through December 31, 2026. It follows prior buybacks of $44 million in 2025 and sits alongside an effective S-3ASR shelf that permits a variety of securities offerings for general corporate purposes, including repurchases. Investors may monitor execution levels under the program, overall capital ratios, and any future use of the shelf registration.

Key Terms

common stock repurchase program financial

"approved a common stock repurchase program, authorizing the repurchase of up to"

A common stock repurchase program is when a company uses cash to buy back its own shares from the market, reducing the number of shares available to outside owners. Think of it like a store buying back coupons so each remaining coupon becomes a slightly larger slice of ownership and potential earnings; for investors, buybacks can raise per-share profits, change ownership percentages, and signal how management chooses to use excess cash, which can affect stock value.

open market financial

"repurchase of up to $100.0 million of its outstanding common stock on the open market, in"

An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.

AI-generated analysis. Not financial advice.

GREENVILLE, S.C., Dec. 08, 2025 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NYSE: UCB) (the “Company”) today announced that the Company’s Board of Directors approved a common stock repurchase program, authorizing the repurchase of up to $100.0 million of its outstanding common stock on the open market, in privately negotiated transactions, or in any other manner that complies with the provisions of the Securities Exchange Act of 1934, as amended (the “Stock Repurchase Program”). The Company may make repurchases under the Stock Repurchase Program from time to time beginning after the expiration of its current common stock repurchase program on December 31, 2025, and ending on December 31, 2026. The Company has repurchased $44 million of shares in 2025 under its current common stock repurchase program.

The Stock Repurchase Program may be modified, suspended or discontinued at any time in the Company’s discretion without prior notice, and does not commit the Company to repurchase shares of its common stock. The actual number and value of the shares to be purchased will be determined by the Company at its discretion and will depend on a number of factors including the performance of the price of the Company’s common stock, other market conditions, the availability of alternative investment opportunities and other factors the Company deems appropriate.

About United Community Banks, Inc.
United Community Banks, Inc. (NYSE: UCB) is the financial holding company for United Community, a top 100 U.S. financial institution committed to building stronger communities and improving the financial health and well-being of its customers. United Community offers a full range of banking, mortgage and wealth management services. As of September 30, 2025, United Community Banks, Inc. had $28.1 billion in assets and operated 199 offices across Alabama, Florida, Georgia, North Carolina, South Carolina and Tennessee. The Company also manages a nationally recognized SBA lending franchise and a national equipment finance subsidiary, extending its reach to businesses across the country. United Community is an 11-time winner of J.D. Power’s award for highest customer satisfaction among consumer banks in the Southeast and was named the most trusted bank in the region in 2025. The Company has also been recognized eight consecutive years by American Banker as one of the “Best Banks to Work For.” In commercial banking, United Community earned five 2025 Greenwich Best Brand awards, including national honors for middle market satisfaction. Forbes has consistently named United Community among the World’s Best and America’s Best Banks. Learn more at ucbi.com.

For more information:
Jefferson Harralson
Chief Financial Officer
(864) 240-6208
Jefferson_Harralson@ucbi.com

FAQ

What did United Community Banks (UCB) announce on December 8, 2025?

The company announced a Board-approved common stock repurchase program authorizing up to $100.0 million of repurchases for 2026.

How much stock did UCB repurchase in 2025 under its current program?

UCB repurchased $44 million of shares in 2025 under its current repurchase program.

When is the new UCB repurchase program effective and when does it end?

Repurchases may begin after the current program expires on December 31, 2025 and end on December 31, 2026.

How will UCB execute the $100.0 million repurchase program?

Repurchases may occur on the open market, in privately negotiated transactions, or by other lawful means permitted under the Securities Exchange Act.

Does the UCB repurchase program guarantee share buybacks?

No. The program may be modified, suspended or discontinued and does not commit the company to repurchase shares.

What company metrics did UCB disclose alongside the repurchase program?

As of September 30, 2025, UCB reported $28.1 billion in assets and operated 199 offices.