the bank that service built since 1950, united community bank has been dedicated to providing platinum-level service to our customers as the foundation of every relationship. known as the bank that service built℠, we are committed to improving the lives of residents in the communities we serve through this philosophy of delivering exceptional banking service. we carry an average rating of 96%* in customer satisfaction, the highest in the u.s. banking industry, and we operate as one of the strongest and most secure banks in the southeast. headquartered in blairsville, ga, we are the third-largest traditional bank holding company in the state with more than 100 locations throughout georgia, north carolina, tennessee and south carolina. we provide valuable products ranging from personal banking and mortgage services to small business administration loans and risk-management solutions to meet our customers' needs. when it comes to a better banking experience, united community bank
![United Community Banks logo](/files/LOGO/857855-UCBI.png)
Company profile
Ticker
UCB, UCB+I
Exchange
Website
CEO
H. Lynn Harton
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
UNION BANCSHARES INC /GA/
SEC CIK
Corporate docs
Subsidiaries
Navitas Credit Corp. • NLFC Reinsurance Corp. • UCB Investments, Inc. • UCB Funding Corp. • United Community Development Corporation • UCBI Georgia Credits LLC • United Community Payment Systems, LLC • TFG Holdings, LLC • FNBSM The Falls, LLC • Seaside Capital Management, Inc. ...
IRS number
581807304
UCB stock data
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
9 Aug 24
25
Voluntary exchange delisting
5 Aug 24
CERT
Certification of approval for exchange listing
26 Jul 24
8-A12B
Registration of securities on exchange
26 Jul 24
8-K
United Community Banks, Inc. Announces Transfer of Listing of Common Stock and Depositary Shares to Nyse
26 Jul 24
8-K
United Community Banks, Inc. Reports Second Quarter Results
24 Jul 24
8-K
Submission of Matters to a Vote of Security Holders
16 May 24
10-Q
2024 Q1
Quarterly report
9 May 24
8-K
United Community Banks, Inc. Reports First Quarter Results
24 Apr 24
ARS
2023 FY
Annual report to shareholders
4 Apr 24
Transcripts
UCB
Earnings call transcript
2024 Q2
24 Jul 24
UCB
Earnings call transcript
2024 Q1
24 Apr 24
UCB
Earnings call transcript
2023 Q4
24 Jan 24
UCB
Earnings call transcript
2023 Q3
18 Oct 23
UCB
Earnings call transcript
2023 Q2
19 Jul 23
UCB
Earnings call transcript
2023 Q2
19 Jul 23
UCB
Earnings call transcript
2023 Q1
19 Apr 23
UCB
Earnings call transcript
2022 Q4
18 Jan 23
UCB
Earnings call transcript
2022 Q3
19 Oct 22
UCB
Earnings call transcript
2022 Q2
20 Jul 22
Latest ownership filings
13F-NT
Notice of holdings reported by another manager
2 Aug 24
4
TIM WALLIS
16 May 24
4
THOMAS A RICHLOVSKY
16 May 24
4
DAVID H WILKINS
16 May 24
4
JOHN MARC JAMES
16 May 24
4
Lance F. Drummond
16 May 24
4
KENNETH L DANIELS
16 May 24
4
Jennifer Mann
16 May 24
4
JAMES P CLEMENTS
16 May 24
4
DAVID C SHAVER
16 May 24
Financial summary
Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 562.86 mm | 562.86 mm | 562.86 mm | 562.86 mm | 562.86 mm | 562.86 mm |
Cash burn (monthly) | 133.02 mm | 12.32 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 209.96 mm | 19.45 mm | n/a | n/a | n/a | n/a |
Cash remaining | 352.91 mm | 543.41 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 2.7 | 44.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
82.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 258 |
Opened positions | 33 |
Closed positions | 34 |
Increased positions | 89 |
Reduced positions | 81 |
13F shares | Current |
---|---|
Total value | 2.44 tn |
Total shares | 97.82 mm |
Total puts | 500.00 |
Total calls | 3.10 k |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 17.26 mm | $439.56 bn |
Vanguard | 13.87 mm | $353.12 bn |
FMR | 10.13 mm | $257.95 bn |
STT State Street | 5.92 mm | $152.00 bn |
Dimensional Fund Advisors | 5.54 mm | $141.16 bn |
Earnest Partners | 3.65 mm | $92.94 bn |
Neuberger Berman | 3.62 mm | $92.29 bn |
Geode Capital Management | 2.83 mm | $72.06 bn |
MCQEF Macquarie | 2.34 mm | $59.65 bn |
Snyder Capital Management L P | 1.96 mm | $49.89 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 May 24 | Abraham Cox | Common Stock | Payment of exercise | Dispose F | No | No | 26.94 | 37 | 996.78 | 10,656 |
15 May 24 | George B. Bell | Common Stock | Grant | Acquire A | No | No | 0 | 2,413 | 0.00 | 6,537 |
15 May 24 | Jennifer M. Bazante | Common Stock | Grant | Acquire A | No | No | 0 | 2,413 | 0.00 | 8,325 |
15 May 24 | Shaver David C | Common Stock | Grant | Acquire A | No | No | 0 | 2,413 | 0.00 | 15,976 |
15 May 24 | James P Clements | Common Stock | Grant | Acquire A | No | No | 0 | 2,413 | 0.00 | 10,744 |
News
United Community Banks Announces Increased Quarterly Dividend 4% To $0.24 Per Share; Authorized An Increase In Its Share Repurchase Program To $100M Of Its Outstanding Common Shares And Extended The Expiration Of The Authorization To December 31, 2025
15 Aug 24
Decoding 4 Analyst Evaluations For United Community Banks
25 Jul 24
DA Davidson Maintains Buy on United Community Banks, Raises Price Target to $35
25 Jul 24
Truist Securities Maintains Hold on United Community Banks, Raises Price Target to $31
25 Jul 24
Keefe, Bruyette & Woods Maintains Market Perform on United Community Banks, Raises Price Target to $32
25 Jul 24
Press releases
United Community Banks, Inc. Announces Increased Quarterly Cash Dividend and Larger Share Repurchase Program on Common Stock and Declares Preferred Stock Dividend
15 Aug 24
United Community Banks, Inc. Announces Transfer of Listing of Common Stock and Depositary Shares to NYSE
26 Jul 24
United Community Banks, Inc. Reports Second Quarter Results
24 Jul 24