At a glance
United Community Banks, Inc. is worth $4.41B, about 14 times its fiscal 2025 earnings. Revenue grew 11.7% to $1.06B in fiscal 2025, with 30.9% kept as profit. It pays a 2.76% dividend yield, raised every year for at least 9 years, and returned $549.1M to shareholders in dividends and buybacks over FY2021–FY2025. The stock returned +26.5% over the past year with dividends reinvested, against +11.5% for the S&P 500.
The business in plain English
United Community Banks is a bank holding company based in Greenville, South Carolina. Through its main subsidiary, United Community Bank, it takes deposits and makes loans across Georgia, South Carolina, North Carolina, Tennessee, Florida and Alabama. It also makes partly government-guaranteed small business loans and equipment finance loans nationwide. As of December 31, 2025, it had $28.0 billion in assets, including $19.4 billion in loans.
Most of its revenue is net interest income: the gap between the interest it earns on loans and securities and what it pays depositors. In fiscal 2025 that was $909 million of $1.06 billion in revenue. The largest loan types are commercial real estate, both buildings used by the owner's business and income-producing property, plus business equipment and operating loans and home-secured consumer loans. The other $154 million was noninterest income from services such as mortgages, wealth management, trust, insurance and payment processing. The payment processing runs through a joint venture with Clover, part of Fiserv.
In 2025 the bank made $1.02 billion of home mortgages and sold about 65% of them to outside investors. It has also grown by buying banks. One example is ANB of Oakland Park, Florida, acquired on May 1, 2025, which added $301 million in loans and $374 million in deposits.
Price history
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UCB +26.5% over the year to Oct 28, 2026, total return with dividends reinvested.
Latest results
- In Q2 FY2026 (ended Jun 30, 2026), revenue was $279.3M, up 7.3% from a year earlier, and net income was $115.6M (+46.9%).
- For fiscal 2025, revenue was $1.06B (+11.7% year over year) with a 30.9% net margin.
Financial health check
| Return on equity | 9% watch |
|---|---|
| Net income / revenue | 30.9% good |
| Deposits | $23.72B |
| Loans | $17.86B |
| Fiscal year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2020 | $657.9M | $164.1M | — |
| FY2021 | $744.4M | $269.8M | — |
| FY2022 | $890.1M | $277.5M | — |
| FY2023 | $893.2M | $187.5M | — |
| FY2024 | $952.1M | $252.4M | — |
| FY2025 | $1.06B | $328.1M | — |
Valuation snapshot
| Market value | $4.41B |
|---|---|
| P/E ratio | 14 |
| Dividend yield | 2.76% |
Rank among 1514 US companies
Market value at each year end
United Community Banks’s market value went from $3.85B at the end of 2024 to $4.41B on Oct 28, 2026, up 14%; since the end of 2025 it is up 16%.
Show as a table
| Year end | Market value | Change |
|---|---|---|
| Oct 28, 2026 | $4.41B | +16.2% |
| 2025 | $3.80B | -1.5% |
| 2024 | $3.85B |
Price behavior
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | |
|---|---|---|---|---|---|
| UCB price data to Oct 28, 2026 | +19.8% | +26.5% | — | — | — |
Show as a table
| Year | Price data |
|---|---|
| 2026 (to date) | +19.8% |
| 2025 | -0.2% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Before this security existed |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Before this security existed |
Insider activity
Form 4 filings from 2025-10-30 to 2026-10-30 (25 read): 1 open-market purchases ($74K) and 5 sales ($985K), 4 of them under pre-arranged 10b5-1 trading plans.
| Date | Insider | Type | Value |
|---|---|---|---|
| Jul 28, 2026 | Jefferson L Harralson EVP, CFO | sell | $885K |
| Aug 10, 2026 | Carl Steven Carande Director | buy | $74K |
| Jul 27, 2026 | Richard Bradshaw EVP, Chief Banking Officer | sell (plan) | $50K |
| Oct 26, 2026 | Richard Bradshaw EVP, Chief Banking Officer | sell (plan) | $50K |
| Oct 26, 2026 | Richard Bradshaw EVP, Chief Banking Officer | sell (plan) | $222.00 |
Who owns it
Large shareholders (13G filings)
| Vanguard Portfolio Management | 6.77% | Mar 31, 2026 |
| FMR LLC | 6.7% | Jun 30, 2026 |
| Vanguard Capital Management | 5.28% | Mar 31, 2026 |
| STATE STREET CORPORATION | 5.2% | Mar 31, 2026 |
| Dimensional Fund Advisors LP | 5.1% | Dec 31, 2024 |
ETFs with the most weight in UCB
| KBE SPDR S&P Bank ETF | 1.01% |
| HAPS Harbor Human Capital Factor US Small Cap ETF | 0.96% |
| SMDV ProShares Russell 2000 Dividend Growers ETF | 0.94% |
| PSCF Invesco S&P SmallCap Financials ETF | 0.94% |
| OASC OneAscent Small Cap Core ETF | 0.8% |
| XSVM Invesco S&P SmallCap Value with Momentum ETF | 0.6% |
| VIOV Vanguard S&P Small-Cap 600 Value ETF | 0.59% |
| DES WisdomTree U.S. SmallCap Dividend Fund | 0.33% |
What could go wrong
- Heavy exposure to commercial real estate loans. The company says its commercial real estate, business and construction loans carry higher credit and concentration risk. Loans made up 69% of assets at December 31, 2025, so a property downturn could raise losses.
- Tied to the Southeast economy and weather. Most loans go to customers near its branches in Georgia, the Carolinas, Tennessee, Florida and Alabama. A regional slowdown or severe weather there could hurt borrowers, damage collateral and raise loan losses.
- Acquisitions can disappoint or dilute owners. Part of its growth comes from buying banks such as ANB. Buyers usually pay more than the target's net worth on paper, which can dilute existing owners. Customers or staff may also leave during integration.
- Interest rate swings can squeeze profits. Net interest income supplied $909 million of $1.06 billion in fiscal 2025 revenue. A flat or inverted yield curve, when short-term rates match or exceed long-term rates, can squeeze the bank's lending margin.
- Uninsured deposits could leave quickly in stress. Deposits, $23.7 billion as of June 30, 2026, fund its lending. Balances above federal deposit insurance (FDIC) limits may be pulled quickly in a banking scare, forcing costlier borrowing.
- Dividends depend on the bank subsidiary. The holding company relies on payouts from United Community Bank to fund shareholder dividends. Regulators can limit those payouts, especially if capital ratios slip below required levels.
Recent events
- Quarterly results released; Investor presentation or announcement
- Investor presentation or announcement
- Other company announcement
- Executive or board change; Investor presentation or announcement
- Executive or board change; Investor presentation or announcement
- Other company announcement
- Quarterly results released; Investor presentation or announcement
- Other company announcement
- Major agreement signed; Investor presentation or announcement
- Shareholder vote results
For income and retirement investors
United Community Banks has raised its regular dividend at least 9 years in a row through fiscal 2025. Dividends per share climbed from $0.72 in fiscal 2020 to $0.98 in fiscal 2025, about 6.4% a year. They kept rising in fiscal 2023 even when earnings per share fell to $1.54. Dividends paid in fiscal 2025 took 36.1% of earnings, and the yield was 2.76% as of October 28, 2026. Buybacks have been occasional: none in fiscal 2022 through 2024 and $44 million in fiscal 2025. The share count rose 35% from October 2021 to August 2026, so each share's stake was diluted.
The price figures on this page cover only about 2.3 years to October 28, 2026. They don't show how the shares held up in the 2008 financial crisis, the 2020 COVID crash or the 2022 bear market. In that span the deepest drop was 31.2%. A single stock carries more risk than a diversified fund.
Questions investors ask
How does United Community Banks make money?
Mainly from lending. In fiscal 2025 it earned $909 million of net interest income out of $1.06 billion in revenue. Net interest income is the difference between interest collected on loans and securities and interest paid to depositors. The other $154 million was noninterest income from services such as mortgage lending, wealth management, trust, insurance and payment processing. Net income was $328 million, up 30% from fiscal 2024. Return on equity (profit as a share of shareholders' equity) was 9%.
Where does United Community Banks operate?
Mainly in the Southeast: Georgia, South Carolina, North Carolina, Tennessee, Florida and Alabama. The company is headquartered in Greenville, South Carolina, and most of its loans and deposits come from customers near its branches. It also makes partly government-guaranteed small business loans (through the SBA and USDA) and equipment finance loans nationwide. It bought ANB, near Fort Lauderdale, on May 1, 2025. As of June 30, 2026, it had $29.1 billion in assets and $23.7 billion in deposits.
Does United Community Banks raise its dividend every year?
Yes, so far. It has raised its regular dividend at least 9 years in a row through fiscal 2025, and the streak may be longer. Dividends per share rose from $0.72 in fiscal 2020 to $0.98 in fiscal 2025, about 6.4% a year. It kept raising the payout in fiscal 2023 even though earnings per share fell to $1.54 from $2.52. Past increases do not guarantee future ones.
What is United Community Banks' dividend yield?
The dividend yield (yearly dividends divided by the share price) was 2.76% as of October 28, 2026. On that date the company's market value was about $4.4 billion, and the shares traded at about 14 times fiscal 2025 earnings. In fiscal 2025 the company paid 36.1% of its earnings as dividends, or $0.98 per share. It also spent $44 million on share buybacks that year.
How has United Community Banks stock performed?
The share price rose 26.5% in the year to October 28, 2026. That included a 19.8% gain since the start of 2026, after the shares finished 2025 roughly flat, down 0.2%. The ride was bumpy. The deepest drop over the year to that date was 17.9%, and the deepest over about 2.3 years was 31.2%. Its one-year beta, a measure of how much it moves with the overall stock market, was 0.45, so it tended to move less than the market.