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General information

Country: UNITED STATES

Sector: Banks — Regional

United Community Banks, Inc. operates as the bank holding company for United Community Bank that provides various banking products and services. The company accepts checking, savings, money market, negotiable order of withdrawal, time, and other deposit accounts, as well as certificates of deposit. Its loan products include commercial real estate, commercial and industrial, commercial construction, residential mortgage and construction, consumer direct loans, and indirect auto loans, as well as home equity lines of credits. The company also offers investment products; insurance products, including life insurance, long-term care insurance, and tax-deferred annuities; reinsurance on a property insurance contract; and payment processing, merchant, wire transfer, brokerage and advisory, and other financial services. It serves individuals, small businesses, mid-sized commercial businesses, and non-profit organizations. The company operates through 163 locations in Georgia, North Carolina, South Carolina, and Tennessee. United Community Banks, Inc. was founded in 1950 and is based in Blairsville, Georgia.
Website: ucbi.com



Growth: Good revenue growth rate 22.7%, there is acceleration compared to average historical growth rates 14.0%. The revenue growth dynamics is unstable Site traffic for the last 3 months showed a change of +11.6%

Profitability: LTM net profit margin is positive, +42.9%. On average the margin is decreasing unsteadily. Gross margin is high, +100.0%.

Cash Flow Generation: Dividend yield for the last twelve months 7.4%.

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 36.5% higher than minimum and 18.8% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, Net Income margin, industries and geography on average are valued 4.4x by P / Sales multiple , the company can be 41.9% undervalued

Key Financials (Download financials)

Ticker: UCBIO
Share price, USD:  (-1.9%)23.1009
year average price 22.08  


year start price 22.91 2023-04-29

min close price 16.92 2023-05-04

max close price 24.80 2024-01-29

current price 23.10 2024-04-27
Common stocks: 106 687 000

Dividend Yield:  7.4%
P / E LTM: 7.3x
P / E annualized: 7.6x
Last revenue growth (y/y):  22.7%
Last growth of Net Income (y/y):  9.5%
Historical revenue growth:  14.0%
Historical growth of Net Income:  34.7%
P / Sales: 3.1x
Margin (Net Income LTM / Revenue): 42.9%
Fundamental value created in LTM:
Market Cap ($m): 2 465
Price to Book: 0.8x

Revenue and Net Income

Quarterly values ($m)

Change (y/y)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol UCBIO UCBIO UCBIO UCBIO UCBIO UCBIO
reportedCurrency USD USD USD USD USD USD
cik 857 855 857 855 857 855 857 855 857 855 857 855
fillingDate 2023-12-31 2023-11-03 2023-08-04 2023-05-05 2023-02-24 2022-11-04
acceptedDate 2023-12-30 19:00:00 2023-11-03 12:00:38 2023-08-04 13:52:26 2023-05-05 13:00:23 2023-02-24 14:49:31 2022-11-04 14:51:56
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3
revenue 316M 229M 231M 236M 238M 226M
costOfRevenue 0 103M 97M 99M 0 0
grossProfit 316M 126M 134M 137M 238M 226M
grossProfitRatio 1.000 0.551 0.580 0.582 1.000 1.000
researchAndDevelopmentExpenses 0 0 0 0 0 0
generalAndAdministrativeExpenses 97M 85M 80M 83M 71M 81M
sellingAndMarketingExpenses 3M 2M 2M 2M 2M 3M
sellingGeneralAndAdministrativeExpenses 100M 88M 83M 85M 73M 84M
otherExpenses -55M -257M -137M 0 -59M 0
operatingExpenses 55M -169M -54M 6M 15M 0
costAndExpenses 299M -169M -54M 105M 15M 0
interestIncome 339M 323M 296M 279M 241M 214M
interestExpense 3M 121M 95M 68M 31M 14M
depreciationAndAmortization 4M 4M 3M 4M 2M 13M
ebitda 4M 64M 180M 152M 139M 130M
ebitdaratio 0.013 0.279 0.779 0.643 0.583 0.576
operatingIncome -77 000 60M 177M 148M 137M 118M
operatingIncomeRatio -0.000 0.261 0.765 0.628 0.577 0.520
totalOtherIncomeExpensesNet 11M -34M -95M -68M -31M -14M
incomeBeforeTax 11M 60M 82M 80M 106M 104M
incomeBeforeTaxRatio 0.035 0.261 0.352 0.339 0.446 0.458
incomeTaxExpense -3M 12M 18M 18M 25M 22M
netIncome 14M 48M 61M 62M 81M 81M
netIncomeRatio 0.045 0.209 0.264 0.264 0.343 0.359
eps 0.110 0.390 0.530 0.520 0.760 0.740
epsdiluted 0.110 0.390 0.530 0.520 0.760 0.740
weightedAverageShsOut 120M 120M 116M 115M 107M 107M
weightedAverageShsOutDil 120M 120M 116M 116M 107M 107M
link Link Link Link Link Link
finalLink Link Link Link Link Link

Balance Sheet Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol UCBIO UCBIO UCBIO UCBIO UCBIO UCBIO
reportedCurrency USD USD USD USD USD USD
cik 857 855 857 855 857 855 857 855 857 855 857 855
fillingDate 2023-12-31 2023-11-03 2023-08-04 2023-05-05 2023-02-24 2022-11-04
acceptedDate 2023-12-29 19:00:00 2023-11-03 12:00:38 2023-08-04 13:52:26 2023-05-05 13:00:23 2023-02-24 14:49:31 2022-11-04 14:51:56
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3
cashAndCashEquivalents 1 004M 760M 711M 778M 512M 439M
shortTermInvestments 3 331M 3 182M 3 360M 3 331M 3 614M 3 863M
cashAndShortTermInvestments -201M 3 942M 4 071M 4 109M 4 126M 4 302M
netReceivables 88M 0 0 0 73M 0
inventory 113M 0 0 0 0 0
otherCurrentAssets 1 092M 824M 0 0 -3 479M 0
totalCurrentAssets 1 092M 3 942M 4 071M 4 109M 720M 4 302M
propertyPlantEquipmentNet 378M 371M 353M 337M 298M 289M
goodwill 920M 920M 897M 897M 751M 0
intangibleAssets 990M 74M 61M 65M 28M 0
goodwillAndIntangibleAssets 990M 994M 958M 961M 779M 781M
longTermInvestments 886M 5 701M 5 914M 5 915M 6 228M 6 539M
taxAssets 113M 0 0 0 129M 0
otherNonCurrentAssets 23 837M -7 066M -7 225M -7 213M -6 228M -7 609M
totalNonCurrentAssets 26 206M 7 066M 7 225M 7 213M 1 207M 7 609M
otherAssets 0 15 861M 14 825M 14 550M 22 082M 11 777M
totalAssets 27 297M 26 869M 26 120M 25 872M 24 009M 23 688M
accountPayables 0 0 0 0 0 0
shortTermDebt 11M 37M 0 7M 159M 0
taxPayables 0 0 0 0 0 0
deferredRevenue 0 0 0 0 0 0
otherCurrentLiabilities 18 279M -37M 0 -7M 0 0
totalCurrentLiabilities 18 290M 37M 0 7M 159M 0
longTermDebt 325M 325M 325M 355M 875M 325M
deferredRevenueNonCurrent -87M 0 0 0 0 0
deferredTaxLiabilitiesNonCurrent 87M 0 0 0 0 0
otherNonCurrentLiabilities 5 421M -325M -325M -348M 20 275M 0
totalNonCurrentLiabilities 5 746M 325M 325M 7M 21 149M 0
otherLiabilities 1.000 23 323M 0 22 779M 0 21 053M
capitalLeaseObligations 33M 0 0 0 0 0
totalLiabilities 24 036M 23 685M 325M 22 794M 21 308M 21 053M
preferredStock 88M 90M 96M 96M 96M 96M
commonStock 119M 119M 115M 115M 106M 106M
retainedEarnings 581M 597M 577M 543M 509M 453M
accumulatedOtherComprehensiveIncomeLoss -226M -333M -306M -294M -329M -337M
othertotalStockholdersEquity 2 699M 2 710M 2 623M 2 618M 2 319M 2 316M
totalStockholdersEquity 3 262M 3 184M 3 106M 3 078M 2 701M 2 635M
totalEquity 3 262M 3 184M 3 106M 3 078M 2 701M 2 635M
totalLiabilitiesAndStockholdersEquity 27 297M 26 869M 26 120M 25 872M 24 009M 23 688M
minorityInterest 0 0 0 0 0 0
totalLiabilitiesAndTotalEquity 27 297M 26 869M 26 120M 25 872M 24 009M 23 688M
totalInvestments 886M 8 883M 9 274M 9 246M 9 842M 10 402M
totalDebt 325M 362M 325M 362M 1 034M 325M
netDebt -679M -397M -386M -416M 522M -115M
link Link Link Link Link Link
finalLink Link Link Link Link Link

Cash Flow Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol UCBIO UCBIO UCBIO UCBIO UCBIO UCBIO
reportedCurrency USD USD USD USD USD USD
cik 857 855 857 855 857 855 857 855 857 855 857 855
fillingDate 2023-12-31 2023-11-03 2023-08-04 2023-05-05 2023-02-24 2022-11-04
acceptedDate 2023-12-29 19:00:00 2023-11-03 12:00:38 2023-08-04 13:52:26 2023-05-05 13:00:23 2023-02-24 14:49:31 2022-11-04 14:51:56
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3
netIncome 14M 48M 63M 62M 81M 81M
depreciationAndAmortization 4M 10M 11M 12M 12M 13M
deferredIncomeTax -8M 9M -3M 8M 5M 2M
stockBasedCompensation 2M 2M 2M 2M 2M 2M
changeInWorkingCapital -61M -10M -78 000 -16M -20M 51M
accountsReceivables 0 0 0 0 0 0
inventory 0 0 0 0 0 0
accountsPayables 0 0 0 0 0 0
otherWorkingCapital -61M -10M 0 0 0 0
otherNonCashItems 71M 28M 20M 22M 19M 13M
netCashProvidedByOperatingActivities 22M 87M 95M 90M 99M 161M
investmentsInPropertyPlantAndEquipment -13M -15M -21M -23M -16M -10M
acquisitionsNet -119M 57M -273M 57M 0 0
purchasesOfInvestments -571M -120M -210M -100M -41M -174M
salesMaturitiesOfInvestments 539M 495M 157M 590M 328M 208M
otherInvestingActivites 3M -256M 2M -343M -448M -335M
netCashUsedForInvestingActivites -161M 161M -345M 181M -177M -310M
debtRepayment -310M -10M -975M -2 195M -240M 0
commonStockIssued 7M 11M 0 0 0 0
commonStockRepurchased -7M -11M 0 0 0 2M
dividendsPaid -29M -28M -29M -25M -25M -24M
otherFinancingActivites 723M -161M 1 186M 2 080M 506M -560M
netCashUsedProvidedByFinancingActivities 384M -200M 183M -141M 240M -583M
effectOfForexChangesOnCash -236M 0 0 0 0 0
netChangeInCash 244M 49M -67M 131M 163M -732M
cashAtEndOfPeriod 1 004M 760M 711M 778M 647M 484M
cashAtBeginningOfPeriod 760M 711M 778M 647M 484M 1 216M
operatingCashFlow 22M 87M 95M 90M 99M 161M
capitalExpenditure -13M -15M -21M -23M -16M -10M
freeCashFlow 8M 72M 74M 67M 83M 151M
link Link Link Link Link Link
finalLink Link Link Link Link Link

Earning call transcript

SEC forms

Show financial reports only

SEC form 10
2024-02-23 16:10 ET
United Community Banks reported for 2023 q4
SEC form 10
2024-02-23 00:00 ET
United Community Banks reported for 2023 q4
SEC form 10
2023-11-03 12:00 ET
United Community Banks published news for 2023 q3
SEC form 10
2023-11-03 00:00 ET
United Community Banks published news for 2023 q3
SEC form 10
2023-08-04 00:00 ET
United Community Banks reported for 2023 q2
SEC form 8
2023-07-18 00:00 ET
United Community Banks published news for 2023 q2
SEC form 10
2023-05-05 00:00 ET
United Community Banks reported for 2023 q1
SEC form 8
2023-04-18 00:00 ET
United Community Banks reported for 2023 q1
SEC form 6
2023-03-13 10:36 ET
United Community Banks published news for 2022 q4
SEC form 10
2023-02-24 14:49 ET
United Community Banks reported for 2022 q4
SEC form 10
2023-02-24 00:00 ET
United Community Banks reported for 2022 q4
SEC form 6
2023-02-15 13:52 ET
United Community Banks published news for 2022 q4
SEC form 6
2023-02-14 17:27 ET
United Community Banks published news for 2022 q4
SEC form 6
2023-02-13 16:52 ET
United Community Banks published news for 2022 q4
SEC form 6
2023-01-17 16:57 ET
United Community Banks published news for 2022 q4
SEC form 8
2023-01-17 00:00 ET
United Community Banks published news for 2022 q4
SEC form 6
2023-01-04 14:45 ET
United Community Banks published news for 2022 q4
SEC form 10
2022-11-04 14:51 ET
United Community Banks reported for 2022 q3
SEC form 10
2022-11-04 00:00 ET
United Community Banks reported for 2022 q3
SEC form 6
2022-10-18 16:56 ET
United Community Banks reported for 2022 q3
SEC form 8
2022-10-18 00:00 ET
United Community Banks published news for 2022 q3
SEC form 6
2022-08-18 16:56 ET
United Community Banks published news for 2022 q2
SEC form 10
2022-08-05 11:02 ET
United Community Banks reported for 2022 q2
SEC form 10
2022-08-05 00:00 ET
United Community Banks reported for 2022 q2
SEC form 6
2022-07-19 16:43 ET
United Community Banks published news for 2022 q2
SEC form 8
2022-07-19 00:00 ET
United Community Banks published news for 2022 q2
SEC form 6
2022-05-19 16:06 ET
United Community Banks published news for 2022 q1
SEC form 6
2022-05-19 10:08 ET
United Community Banks published news for 2022 q1
SEC form 10
2022-05-06 12:18 ET
United Community Banks reported for 2022 q1
SEC form 10
2022-05-06 00:00 ET
United Community Banks reported for 2022 q1
SEC form 6
2022-05-04 08:44 ET
United Community Banks published news for 2022 q1
SEC form 6
2022-04-19 17:05 ET
United Community Banks published news for 2022 q1
SEC form 8
2022-04-19 00:00 ET
United Community Banks reported for 2022 q1
SEC form 6
2022-04-06 11:13 ET
United Community Banks published news for 2022 q1
SEC form 6
2022-03-25 13:32 ET
United Community Banks published news for 2021 q4
SEC form 10
2022-02-25 11:38 ET
United Community Banks published news for 2021 q4
SEC form 10
2022-02-25 00:00 ET
United Community Banks published news for 2021 q4
SEC form 8
2022-01-19 00:00 ET
United Community Banks published news for 2021 q4
SEC form 6
2022-01-18 17:37 ET
United Community Banks published news for 2021 q4
SEC form 6
2022-01-03 16:01 ET
United Community Banks published news for 2021 q4
SEC form 6
2021-11-17 14:51 ET
United Community Banks published news for 2021 q3
SEC form 6
2021-11-17 14:49 ET
United Community Banks published news for 2021 q3
SEC form 6
2021-11-17 11:08 ET
United Community Banks published news for 2021 q3
SEC form 6
2021-11-17 11:06 ET
United Community Banks published news for 2021 q3
SEC form 6
2021-11-17 11:05 ET
United Community Banks published news for 2021 q3
SEC form 6
2021-11-17 11:04 ET
United Community Banks published news for 2021 q3
SEC form 6
2021-11-17 11:02 ET
United Community Banks published news for 2021 q3
SEC form 10
2021-11-05 12:48 ET
United Community Banks published news for 2021 q3
SEC form 10
2021-11-05 00:00 ET
United Community Banks published news for 2021 q3
SEC form 6
2021-10-19 16:42 ET
United Community Banks published news for 2021 q3
SEC form 8
2021-10-19 00:00 ET
United Community Banks published news for 2021 q3
SEC form 6
2021-10-04 10:48 ET
United Community Banks published news for 2021 q3
SEC form 6
2021-10-01 08:47 ET
United Community Banks published news for 2021 q3
SEC form 6
2021-09-24 08:39 ET
United Community Banks published news for 2021 q2
SEC form 6
2021-09-03 08:55 ET
United Community Banks published news for 2021 q2
SEC form 6
2021-09-03 08:54 ET
United Community Banks published news for 2021 q2
SEC form 6
2021-09-03 08:52 ET
United Community Banks published news for 2021 q2
SEC form 6
2021-09-03 08:50 ET
United Community Banks published news for 2021 q2
SEC form 6
2021-09-03 08:49 ET
United Community Banks published news for 2021 q2
SEC form 6
2021-09-03 08:48 ET
United Community Banks published news for 2021 q2
SEC form 6
2021-09-03 08:47 ET
United Community Banks published news for 2021 q2
SEC form 6
2021-09-03 08:45 ET
United Community Banks published news for 2021 q2
SEC form 6
2021-08-17 15:34 ET
United Community Banks published news for 2021 q2
SEC form 6
2021-08-17 15:32 ET
United Community Banks published news for 2021 q2
SEC form 6
2021-08-17 15:31 ET
United Community Banks published news for 2021 q2
SEC form 6
2021-08-17 15:29 ET
United Community Banks published news for 2021 q2
SEC form 6
2021-08-17 15:28 ET
United Community Banks published news for 2021 q2
SEC form 6
2021-08-17 15:26 ET
United Community Banks published news for 2021 q2
SEC form 6
2021-08-16 11:17 ET
United Community Banks published news for 2021 q2
SEC form 6
2021-08-16 09:10 ET
United Community Banks published news for 2021 q2
SEC form 6
2021-08-13 14:55 ET
United Community Banks published news for 2021 q2
SEC form 6
2021-08-09 09:19 ET
United Community Banks published news for 2021 q2
SEC form 10
2021-08-06 16:23 ET
United Community Banks published news for 2021 q2
SEC form 10
2021-08-06 00:00 ET
United Community Banks published news for 2021 q2
SEC form 6
2021-07-20 16:52 ET
United Community Banks published news for 2021 q2
SEC form 8
2021-07-20 00:00 ET
United Community Banks published news for 2021 q2
SEC form 6
2021-07-14 17:39 ET
United Community Banks published news for 2021 q2
SEC form 6
2021-07-02 11:26 ET
United Community Banks published news for 2021 q2
SEC form 6
2021-06-24 13:36 ET
United Community Banks published news for 2021 q1
SEC form 6
2021-06-03 10:06 ET
United Community Banks published news for 2021 q1
SEC form 6
2021-06-03 10:05 ET
United Community Banks published news for 2021 q1
SEC form 6
2021-06-03 10:02 ET
United Community Banks published news for 2021 q1
SEC form 6
2021-06-03 10:01 ET
United Community Banks published news for 2021 q1
SEC form 6
2021-06-03 10:00 ET
United Community Banks published news for 2021 q1
SEC form 6
2021-06-03 09:59 ET
United Community Banks published news for 2021 q1
SEC form 6
2021-06-03 09:57 ET
United Community Banks published news for 2021 q1
SEC form 6
2021-06-03 09:56 ET
United Community Banks published news for 2021 q1
SEC form 6
2021-06-03 09:54 ET
United Community Banks published news for 2021 q1
SEC form 6
2021-06-03 09:53 ET
United Community Banks published news for 2021 q1
SEC form 6
2021-05-27 08:30 ET
United Community Banks published news for 2021 q1
SEC form 6
2021-05-18 10:48 ET
United Community Banks published news for 2021 q1
SEC form 6
2021-05-14 11:36 ET
United Community Banks published news for 2021 q1
SEC form 6
2021-05-13 15:13 ET
United Community Banks published news for 2021 q1
SEC form 10
2021-05-07 14:49 ET
United Community Banks published news for 2021 q1
SEC form 10
2021-05-07 00:00 ET
United Community Banks published news for 2021 q1
SEC form 6
2021-04-26 08:47 ET
United Community Banks published news for 2021 q1
SEC form 6
2021-04-23 13:48 ET
United Community Banks published news for 2021 q1
SEC form 6
2021-04-20 16:46 ET
United Community Banks published news for 2021 q1
SEC form 8
2021-04-20 00:00 ET
United Community Banks published news for 2021 q1
SEC form 6
2021-04-02 10:46 ET
United Community Banks published news for 2021 q1
SEC form 6
2021-03-30 13:36 ET
United Community Banks published news for 2020 q4
SEC form 6
2021-03-19 12:00 ET
United Community Banks published news for 2020 q4
SEC form 6
2021-03-10 15:09 ET
United Community Banks published news for 2020 q4
SEC form 6
2021-03-01 16:40 ET
United Community Banks published news for 2020 q4
SEC form 10
2021-02-25 16:21 ET
United Community Banks published news for 2020 q4
SEC form 6
2021-02-17 15:43 ET
United Community Banks published news for 2020 q4
SEC form 6
2021-02-17 15:42 ET
United Community Banks published news for 2020 q4
SEC form 6
2021-02-17 15:40 ET
United Community Banks published news for 2020 q4
SEC form 6
2021-02-17 15:38 ET
United Community Banks published news for 2020 q4
SEC form 6
2021-02-17 15:24 ET
United Community Banks published news for 2020 q4
SEC form 6
2021-02-12 09:15 ET
United Community Banks published news for 2020 q4
SEC form 6
2021-02-12 09:13 ET
United Community Banks published news for 2020 q4
SEC form 6
2021-02-05 10:50 ET
United Community Banks published news for 2020 q4
SEC form 6
2021-01-19 17:15 ET
United Community Banks published news for 2020 q4
SEC form 6
2020-12-03 11:51 ET
United Community Banks published news for 2020 q3
SEC form 6
2020-12-03 11:50 ET
United Community Banks published news for 2020 q3
SEC form 6
2020-12-03 11:48 ET
United Community Banks published news for 2020 q3
SEC form 6
2020-11-17 11:33 ET
United Community Banks published news for 2020 q3
SEC form 6
2020-11-17 11:32 ET
United Community Banks published news for 2020 q3
SEC form 6
2020-11-17 11:31 ET
United Community Banks published news for 2020 q3
SEC form 6
2020-11-17 11:30 ET
United Community Banks published news for 2020 q3
SEC form 6
2020-11-17 11:28 ET
United Community Banks published news for 2020 q3
SEC form 6
2020-11-17 11:27 ET
United Community Banks published news for 2020 q3
SEC form 6
2020-11-09 16:18 ET
United Community Banks published news for 2020 q3
SEC form 10
2020-11-06 14:28 ET
United Community Banks published news for 2020 q3
SEC form 6
2020-11-05 16:45 ET
United Community Banks published news for 2020 q3
SEC form 6
2020-10-20 17:11 ET
United Community Banks published news for 2020 q3
SEC form 6
2020-10-07 17:15 ET
United Community Banks published news for 2020 q3