UNITED COMMUNITY BANKS INC (UCB) financial statements: income statement, balance sheet and cash flow
UNITED COMMUNITY BANKS INC's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), UNITED COMMUNITY BANKS INC reported revenue of $1.1B (+18.0% year on year) and net income of $328.1M (+30.0% year on year).
Income statement
UNITED COMMUNITY BANKS INC income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Loans, including fees
$1.2B
$1.1B
$1.0B
$673.4M
Taxable
$209.8M
$199.8M
$162.5M
$121.5M
Tax exempt
$6.7M
$6.8M
$7.3M
$10.3M
Deposits in banks and short-term investments
$13.2M
$23.6M
$24.7M
$7.9M
Total interest revenue
$1.4B
$1.4B
$1.2B
$813.2M
Deposits
$463.8M
$535.5M
$395.6M
$42.1M
Short-term borrowings
$1.2M
$131.0K
$3.2M
$507.0K
Federal Home Loan Bank advances
$433.0K
$0
$5.8M
$1.4M
Long-term debt
$8.4M
$14.7M
$14.8M
$16.8M
Total interest expense
$473.8M
$550.4M
$419.3M
$60.8M
Net interest revenue
$909.1M
$827.4M
$817.8M
$752.4M
Service charges and other related fees
$66.8M
$68.6M
$57.6M
$70.7M
Wealth management fees
$18.9M
$23.7M
$23.7M
$23.6M
Net gains (losses) from sale of other loans
$7.9M
($21.3M)
$9.1M
$10.7M
Other lending and loan servicing fees
$16.4M
$14.4M
$14.0M
$10.0M
Securities gains (losses), net
$352.0K
($3.3M)
($53.3M)
($3.9M)
Other
$43.7M
$42.7M
$24.3M
$26.6M
Total noninterest income
$154.0M
$124.8M
$75.5M
$137.7M
Total revenue
$1.1B
$901.2M
$803.8M
$826.2M
Provision for credit losses
$48.8M
$51.0M
$89.4M
$63.9M
Salaries and employee benefits
$354.5M
$340.0M
$318.5M
$276.2M
Occupancy
$45.0M
$44.3M
$42.6M
$36.2M
Communications and equipment
$55.2M
$49.2M
$43.3M
$38.2M
Professional fees
$24.6M
$24.7M
$26.7M
$20.2M
FDIC assessments and other regulatory charges
$19.0M
$21.0M
$27.4M
$9.9M
Lending and loan servicing expense
$8.8M
$8.4M
$9.7M
$9.3M
Outside services - electronic banking
$13.4M
$13.7M
$11.6M
$12.6M
Postage, printing and supplies
$10.7M
$9.9M
$9.5M
$8.7M
Advertising and public relations
$9.6M
$8.5M
$9.5M
$8.4M
Amortization of intangibles
$13.1M
$14.6M
$15.2M
$6.8M
Merger-related and other charges
$10.2M
$8.6M
$27.2M
$19.4M
Other
$28.0M
$35.1M
$30.1M
$24.1M
Total noninterest expense
$591.9M
$578.2M
$571.3M
$470.1M
Income before income taxes
$422.4M
$323.0M
$232.5M
$356.0M
Income tax expense
$94.3M
$70.6M
$45.0M
$78.5M
Net income
$328.1M
$252.4M
$187.5M
$277.5M
Net income available to common shareholders, basic
$318.2M
$244.6M
$180.8M
$269.1M
Net income available to common shareholders, diluted
$318.2M
$244.6M
$180.8M
$269.1M
Basic (in dollars per share)
$2.62
$2.04
$1.54
$2.52
Diluted (in dollars per share)
$2.62
$2.04
$1.54
$2.52
Basic (in shares)
121.3M
119.8M
117.6M
106.7M
Diluted (in shares)
121.4M
119.9M
117.7M
106.8M
UNITED COMMUNITY BANKS INC income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Loans, including fees
$295.6M
$286.1M
$297.9M
$288.3M
Taxable
$44.6M
$44.5M
—
—
Tax-exempt
$1.7M
$1.6M
—
—
Other
$2.4M
$1.8M
—
—
Investment securities interest revenue
$344.4M
$334.0M
$353.9M
$347.4M
Deposits
$98.1M
$98.0M
$118.5M
$119.1M
Short-term borrowings
$1.6M
$998.0K
$25.0K
$83.0K
Federal Home Loan Bank advances
$3.0M
$969.0K
$0
$0
Long-term debt
$801.0K
$1.2M
$1.7M
$2.6M
Total interest expense
$103.5M
$101.2M
$120.2M
$121.8M
Net interest revenue
$240.9M
$232.8M
$233.6M
$225.5M
Service charges and other related fees
$17.2M
$17.6M
$18.5M
$15.5M
Wealth management fees
$4.9M
$4.6M
$4.8M
$4.4M
Net gains from sales of other loans
$947.0K
$1.9M
$2.4M
$2.0M
Lending and loan servicing fees
$4.1M
$4.0M
$4.2M
$3.7M
Securities (losses) gains, net
($2.0K)
$133.0K
$49.0K
$286.0K
Other
$11.3M
$15.5M
$13.3M
$8.8M
Total noninterest income
$38.4M
$43.7M
$43.2M
$34.7M
Total revenue
$279.3M
$276.5M
$276.8M
$260.2M
Provision for credit losses
($29.8M)
$10.9M
$7.9M
$11.8M
Salaries and employee benefits
$96.2M
$101.2M
$90.7M
$87.0M
Communications and equipment
$13.7M
$14.1M
$13.9M
$13.3M
Occupancy
$11.2M
$11.7M
$11.5M
$10.9M
Advertising and public relations
$2.7M
$2.4M
$2.1M
$2.9M
Postage, printing and supplies
$2.7M
$2.8M
$2.7M
$2.5M
Professional fees
$6.9M
$5.6M
$6.3M
$5.6M
Lending and loan servicing expense
$3.1M
$2.6M
$2.4M
$2.3M
Outside services - electronic banking
$3.6M
$3.6M
$3.5M
$3.6M
FDIC assessments and other regulatory charges
$4.3M
$2.3M
$4.8M
$4.7M
Amortization of intangibles
$2.9M
$3.1M
$3.3M
$3.3M
Merger-related and other charges
$895.0K
$873.0K
$3.5M
$4.8M
Other
$11.6M
$7.2M
$6.1M
$6.9M
Total noninterest expense
$159.9M
$157.3M
$150.9M
$147.9M
Income before income taxes
$149.2M
$108.4M
$118.1M
$100.5M
Income tax expense
$33.5M
$24.1M
$26.6M
$21.8M
Net income
$115.6M
$84.3M
$91.5M
$78.7M
Net income available to common shareholders, basic
$114.9M
$83.7M
$86.1M
$76.7M
Net income available to common shareholders, diluted
$114.9M
$83.7M
$86.1M
$76.7M
Basic (in dollars per share)
$0.95
$0.69
$0.71
$0.63
Diluted (in dollars per share)
$0.95
$0.69
$0.70
$0.63
Basic (in shares)
120.3M
120.5M
122.1M
121.4M
Diluted (in shares)
120.4M
120.7M
122.3M
121.4M
Balance sheet
UNITED COMMUNITY BANKS INC balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and due from banks
$202.6M
$296.2M
$200.8M
$195.8M
Interest-bearing deposits in banks
$193.2M
$223.7M
$803.1M
$316.1M
Cash and cash equivalents
$395.8M
$519.9M
$1.0B
$646.9M
Debt securities available-for-sale
$3.8B
$4.4B
$3.3B
$3.6B
Debt securities held-to-maturity (fair value $1,918,426 and $1,944,126, respectively)
$2.2B
$2.4B
—
—
Loans held for sale
$39.4M
$57.5M
$33.0M
$13.6M
Loans and leases held for investment
$19.4B
$18.2B
$18.3B
$15.3B
Less allowance for credit losses - loans and leases
($210.4M)
($207.0M)
($208.1M)
($159.4M)
Loans and leases, net
$19.2B
$18.0B
$18.1B
$15.2B
Premises and equipment, net
$393.7M
$394.3M
$378.4M
$298.5M
Bank owned life insurance
$364.2M
$346.2M
$345.4M
$299.3M
Accrued interest receivable
$83.6M
$85.6M
$87.8M
$72.8M
Net deferred tax asset
$75.9M
$97.0M
$113.2M
$129.3M
Derivative financial instruments
$35.3M
$46.9M
$50.4M
$50.6M
Goodwill and other intangible assets, net
$967.9M
$956.6M
$990.1M
$779.2M
Other assets (including $72,270 and $69,137 at fair value, respectively)
$484.8M
$442.8M
$362.5M
$315.4M
Total assets
$28.0B
$27.7B
$27.3B
$24.0B
Noninterest-bearing demand
$6.3B
$6.2B
$6.5B
$7.6B
Interest-bearing deposits
$17.5B
$17.2B
$16.8B
$12.2B
Total deposits
$23.8B
$23.5B
$23.3B
$19.9B
Short-term borrowings
$85.0M
$195.0M
$0
$158.9M
Long-term debt
$120.4M
$254.2M
$324.8M
$324.7M
Derivative financial instruments
$53.0M
$77.8M
$84.8M
$99.5M
Accrued expenses and other liabilities (including $16,485 and $15,331 at fair value, respectively)
$307.0M
$300.2M
$315.5M
$298.6M
Total liabilities
$24.4B
$24.3B
$24.0B
$21.3B
Preferred stock, $1 par value: 10,000,000 shares authorized; 0 and 3,662 Series I issued and outstanding; $25,000 per share liquidation preference
$0.00
$88266000.00
$88266000.00
$96422000.00
Common stock, $1 par value; 200,000,000 shares authorized, 120,598,266 and 119,364,110 shares issued and outstanding, respectively
120.6M
119.4M
119.0M
106.2M
Capital surplus
$2.8B
$2.7B
$2.7B
$2.3B
Retained earnings
$914.3M
$714.1M
$581.2M
$508.8M
Accumulated other comprehensive loss
($150.6M)
($212.9M)
($239.2M)
($329.5M)
Total shareholders’ equity
$3.6B
$3.4B
$3.3B
$2.7B
Total liabilities and shareholders’ equity
$28.0B
$27.7B
$27.3B
$24.0B
UNITED COMMUNITY BANKS INC balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and due from banks
$129.1M
$177.0M
$205.0M
$201.5M
Interest-bearing deposits in banks
$326.0M
$316.1M
$408.4M
$359.5M
Cash and cash equivalents
$455.1M
$493.1M
$613.4M
$575.0M
Trading securities
$91.4M
$103.4M
—
—
Debt securities available-for-sale
$4.1B
$3.6B
$3.9B
$4.1B
Debt securities held-to-maturity (fair value $1,848,900 and $1,918,426, respectively)
$2.2B
$2.2B
$2.3B
$2.3B
Mortgage loans held for sale
$53.5M
—
—
—
Equipment financing receivables held for sale
$1.9B
—
—
—
Loans and leases held for investment
$18.0B
$19.6B
$19.2B
$18.9B
Less allowance for credit losses - loans and leases
($168.7M)
($208.4M)
($215.8M)
($216.5M)
Loans and leases, net
$17.9B
$19.4B
$19.0B
$18.7B
Premises and equipment, net
$394.3M
$391.9M
$394.5M
$396.5M
Bank-owned life insurance
$367.5M
$365.5M
$362.6M
$362.2M
Goodwill and other intangible assets, net
$961.9M
$964.8M
$971.1M
$974.4M
Other assets (including $100,421 and $107,583 at fair value, respectively)
$677.4M
$637.2M
$644.7M
$653.9M
Total assets
$29.1B
$28.2B
$28.1B
$28.1B
Noninterest-bearing demand
$6.4B
$6.5B
$6.4B
$6.4B
Interest-bearing deposits
$17.3B
$17.6B
$17.6B
$17.6B
Total deposits
$23.7B
$24.0B
$24.0B
$24.0B
Short-term borrowings
$360.0M
$0
$0
$0
Federal Home Loan Bank advances
$800.0M
—
—
—
Long-term debt
$20.6M
$120.5M
$155.3M
$155.1M
Accrued expense and other liabilities (including $68,210 and $69,482 at fair value, respectively)
$401.3M
$376.4M
$370.8M
$354.4M
Total liabilities
$25.3B
$24.5B
$24.5B
$24.5B
Common stock, $1 par value: 200,000,000 shares authorized, 119,763,827 and 120,598,266 shares issued and outstanding, respectively
119.8M
119.7M
121.6M
121.4M
Capital surplus
$2.7B
$2.7B
$2.8B
$2.8B
Retained earnings
$1.1B
$968.2M
$858.4M
$802.6M
Accumulated other comprehensive loss
($152.7M)
($154.3M)
($163.9M)
($177.2M)
Total shareholders' equity
$3.7B
$3.7B
$3.6B
$3.6B
Total liabilities and shareholders' equity
$29.1B
$28.2B
$28.1B
$28.1B
Cash flow statement
UNITED COMMUNITY BANKS INC cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income
$328.1M
$252.4M
$187.5M
$277.5M
Depreciation, amortization and accretion, net
$46.0M
$40.9M
$45.0M
$46.7M
Provision for credit losses
$48.8M
$51.0M
$89.4M
$63.9M
Stock-based compensation
$11.4M
$10.8M
$8.9M
$8.7M
Deferred income tax expense
$10.1M
$7.2M
$6.4M
$10.9M
Securities (gains) losses, net
($352.0K)
$3.3M
$53.3M
$3.9M
(Gains) losses from other loan sales, net
($7.9M)
$21.3M
($9.1M)
($10.7M)
FinTrust goodwill write-down
$0
$5.1M
—
—
Loss (gain) on extinguishment of debt
$768.0K
($2.3M)
—
—
(Increase) decrease in other assets
($12.7M)
$8.8M
($20.5M)
($14.7M)
Decrease in other liabilities
($58.3M)
($24.3M)
($49.6M)
$76.6M
Decrease (increase) in loans held for sale
$18.2M
($24.5M)
($17.3M)
$144.5M
Net cash provided by operating activities
$384.0M
$349.7M
$294.0M
$607.3M
Proceeds from maturities and calls
$135.6M
$128.7M
$129.9M
$205.1M
Proceeds from sales
$547.3M
$176.7M
$880.2M
$318.5M
Proceeds from maturities and calls
$771.0M
$686.9M
$646.1M
$706.3M
Purchases
($483.2M)
$0
$0
($326.5M)
Net (increase) decrease in loans
($934.1M)
$82.7M
($996.5M)
($1.2B)
Payments for other investments
($43.7M)
($112.3M)
($143.6M)
($68.2M)
Proceeds from other investments
$8.0M
$10.1M
$124.4M
—
Net cash received in divestitures and acquisitions
$41.2M
$8.6M
$207.6M
$35.2M
Purchases of premises and equipment
($27.6M)
($47.0M)
($72.5M)
($42.7M)
Net cash paid for branch disposal
$0
$0
($93.6M)
—
Other investing inflows
$18.9M
$17.3M
$6.6M
$3.2M
Other investing outflows
($41.0K)
—
$0
$0
Net cash provided by (used in) investing activities
$33.4M
($991.0M)
($163.3M)
($2.0B)
Net (decrease) increase in deposits
($36.3M)
$149.5M
$1.3B
($866.9M)
Net (decrease) increase in short-term borrowings
($110.0M)
$195.0M
($347.6M)
$158.9M
Proceeds from Federal Home Loan Bank advances
$126.0M
$1.1M
$2.2B
$790.0M
Repayment of Federal Home Loan Bank advances
($126.0M)
($1.1M)
($2.9B)
($240.0M)
Redemption/repurchase of preferred stock
($91.5M)
$0
($7.2M)
—
Repayment of long-term debt
($135.0M)
($68.6M)
$0
$0
Repurchase of common stock
($44.3M)
—
$0
$0
Cash dividends on common stock
($118.5M)
($112.3M)
($105.1M)
($86.9M)
Cash dividends on preferred stock
($4.7M)
($6.3M)
($6.6M)
($6.9M)
Other financing inflows
$2.1M
$2.9M
$5.5M
$1.1M
Other financing outflows
($3.4M)
($2.9M)
($6.3M)
($8.2M)
Net cash (used in) provided by financing activities
($541.6M)
$157.3M
$226.3M
($258.8M)
Net change in cash and cash equivalents
($124.1M)
($484.0M)
$357.0M
($1.7B)
Cash and cash equivalents at beginning of year
$519.9M
$1.0B
$646.9M
$2.3B
Cash and cash equivalents at end of year
$395.8M
$519.9M
$1.0B
$646.9M
UNITED COMMUNITY BANKS INC cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income
$199.9M
$84.3M
$241.6M
$150.1M
Depreciation, amortization and accretion, net
$38.9M
$19.8M
$34.1M
$23.3M
Provision for credit losses
($18.9M)
$10.9M
$35.1M
$27.2M
Stock-based compensation
$7.1M
$3.3M
$8.2M
$5.2M
Deferred income tax expense
$18.2M
$6.1M
$2.1M
$3.5M
Securities gains, net
($131.0K)
($133.0K)
($341.0K)
($292.0K)
Net gains from sales of other loans
($2.8M)
($1.9M)
($5.8M)
($3.4M)
Trading securities
($91.4M)
($103.4M)
—
—
Mortgage loans held for sale
($14.1M)
—
—
—
Other assets
$27.6M
$42.0M
$16.9M
$9.2M
Accrued expense and other liabilities
$35.6M
$10.3M
($36.1M)
($40.0M)
Net cash provided by operating activities
$199.9M
$69.3M
$318.6M
$195.5M
Proceeds from maturities and calls
$60.5M
$26.9M
$97.7M
$63.9M
Proceeds from sales
$25.4M
$25.0M
$417.9M
$258.9M
Proceeds from maturities and calls
$422.4M
$200.3M
$555.1M
$407.4M
Purchases
($813.7M)
($55.0M)
($292.4M)
($192.6M)
Net increase in loans
($584.0M)
($236.8M)
($709.6M)
($453.4M)
Payments for other investments
($84.4M)
($25.2M)
($29.0M)
($21.9M)
Proceeds from other investments
$43.1M
$23.4M
$7.7M
$7.2M
Purchases of premises and equipment
($16.1M)
($6.9M)
($21.8M)
($16.4M)
Net cash received in acquisition
$0
—
$41.2M
$41.2M
Other, net
$4.2M
$2.9M
—
—
Net cash (used in) provided by investing activities
($942.6M)
($45.5M)
$83.6M
$103.1M
Net (decrease) increase in deposits
($74.3M)
$226.6M
$185.1M
$127.5M
Net increase (decrease) in short-term borrowings
$275.0M
($85.0M)
($195.0M)
($195.0M)
Repayment of long-term debt
($100.0M)
—
($100.0M)
($100.0M)
Proceeds from FHLB advances
$2.1B
$475.0M
$126.0M
$126.0M
Repayment of FHLB advances
($1.3B)
($475.0M)
($126.0M)
($126.0M)
Repurchase of common stock
($37.1M)
($37.1M)
($13.9M)
($13.9M)
Cash dividends on common stock
($61.0M)
($30.6M)
($87.7M)
($58.1M)
Cash dividends on preferred stock
$0
$0
($4.7M)
($3.1M)
Other, net
($663.0K)
($283.0K)
—
—
Net cash provided by (used in) financing activities