UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number 001-35095 UNITED COMMUNITY BANKS, INC. Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Se ...

Core Viewpoint - United Community Banks, Inc. (UCB) is highlighted as a stock with a buy rank and strong momentum characteristics for investors to consider [1] Summary by Category Company Performance - United Community Banks has a Zacks Rank of 1, indicating strong performance [1] - The Zacks Consensus Estimate for its current year earnings has increased by 0.7% over the last 60 days [1] - The company's shares have gained 14.1% over the last three months, contrasting with the S&P 500's decline of 4.3% [1] Momentum Characteristics - United Community Banks possesses a Momentum Score of A, reflecting its strong momentum in the market [1]

Core Viewpoint - United Community Banks reported in-line earnings for Q4 2025, with earnings of 71 cents per share meeting analyst expectations and sales of $278.388 million exceeding the consensus estimate of $273.533 million [1] Group 1: Financial Performance - The company achieved a net interest margin expansion of 36 basis points year over year, with a 4 basis point improvement in Q4 [2] - Quarterly sales of $278.388 million surpassed analyst expectations, indicating strong revenue performance [1] - The company repurchased one million common shares at an average price of $29.84 per share and redeemed $35 million of senior debt during the fourth quarter [2] Group 2: Analyst Ratings and Market Reaction - Following the earnings announcement, United Community Banks shares fell by 1.2% to $256.50 [3] - Keefe, Bruyette & Woods analyst maintained a Market Perform rating and raised the price target from $34 to $36 [4] - Stephens & Co. analyst maintained an Overweight rating and increased the price target from $37 to $39 [4]

Core Viewpoint - United Community Banks, Inc. (UCB) demonstrates strong financial performance with significant revenue growth, despite slightly missing earnings per share estimates [2][6]. Financial Performance - UCB reported earnings per share (EPS) of $0.71 for Q4 2025, slightly below the estimated $0.73 [2][6]. - The company generated revenue of approximately $278.4 million, surpassing estimates of $269.3 million, marking an 11% increase compared to the previous year [2]. - UCB's net income for Q4 2025 was $86.5 million, with a full-year net income of $328 million, up from $252 million in 2024 [3][6]. Financial Metrics - UCB has a price-to-earnings (P/E) ratio of approximately 12.38 and a price-to-sales ratio of about 3.13, indicating a strong valuation [4][6]. - The enterprise value to operating cash flow ratio is approximately 8.70, reflecting the company's cash flow valuation [4]. - UCB maintains a low debt-to-equity ratio of 0.056, suggesting a conservative approach to leveraging [4][6]. Liquidity and Stability - The company's current ratio of approximately 47.49 indicates strong liquidity, allowing it to cover short-term liabilities multiple times over [5]. - This financial stability, combined with revenue growth and positive operating leverage, positions UCB well in the competitive banking sector [5].

Core Insights - Crude Value Insights provides an investment service and community focused on the oil and natural gas sectors, emphasizing cash flow and the companies that generate it, which leads to value and growth prospects with real potential [1] Group 1 - The service offers subscribers access to a model account with over 50 stocks, in-depth cash flow analyses of exploration and production (E&P) firms, and live chat discussions about the sector [1]

Core Insights - Petrofac, a British oilfield services provider, announced that its creditors will convene later this month to vote on a proposal that requires them to compromise some of their claims to facilitate the sale of the company [1] Company Summary - The meeting of creditors is a critical step for Petrofac as it seeks to navigate financial challenges and restructure its obligations [1] - The proposal aims to allow the company to proceed with a sale, indicating potential strategic shifts in its operations [1] Industry Context - The oilfield services sector is currently facing significant pressures, and companies like Petrofac are exploring restructuring options to remain viable [1] - Compromising creditor claims is a common strategy in the industry to enable smoother transitions during financial distress [1]

Group 1 - United Community Banks, Inc. (UCB) is a small banking network operating in the Southeastern region of the United States [1] - The article highlights the expertise of Quad 7 Capital, a team of analysts with nearly 12 years of experience in identifying investment opportunities [1] - Quad 7 Capital has a proven track record, being 95% long and 5% short on average since May 2020, indicating a strong focus on market trends [1] Group 2 - The article emphasizes the benefits of BAD BEAT Investing, which include learning market dynamics, executing well-researched trade ideas, and access to extensive trading tools [1] - The focus is on teaching investors to become proficient traders through a structured approach, rather than just providing trades [1] - The company aims to save time for investors by offering in-depth research with clear entry and exit targets [1]

Group 1 - The article discusses the Q4 earnings of United Community Banks, Inc. (UCB), a small banking network operating in the Southeastern region of the United States [1] - The analysis highlights the expertise of the BAD BEAT Investing team, which has been providing investment opportunities for nearly 12 years, focusing on both long and short trades [1] - The team emphasizes teaching investors to become proficient traders through their research and trading strategies, aiming to save time by providing high-quality research with clear entry and exit targets [1] Group 2 - The article mentions the benefits of BAD BEAT Investing, including learning market dynamics, executing well-researched trade ideas, and access to various trading tools and resources [1]

Core Insights - United Community Banks reported a solid end to 2025 with significant revenue growth, margin expansion, and improving profitability metrics [5][4][3] Financial Performance - Operating earnings per share increased 18% to $2.71 from $2.30 year-over-year, with annual revenue surpassing $1 billion, reflecting a 12% year-over-year growth [3] - Fourth quarter revenue rose 11% year-over-year, driven by net interest margin expansion and a 4.4% annualized loan growth [4] - Operating earnings per share for the fourth quarter was $0.71, up 13% year-over-year, with a return on assets of 1.22% and return on tangible common equity of 13.3% [4] Loan and Deposit Growth - Loan growth continued at a 4.4% annualized pace, primarily in the commercial and industrial (C&I) and home equity line of credit (HELOC) categories [2] - Novitas equipment finance achieved over $1 billion in originations for the first time, with loans representing 9.5% of total loans [1] - Deposits grew 1% for the year, with a notable increase of $293 million in public funds during the fourth quarter [6][7] Net Interest Margin and Balance Sheet - Net interest margin increased four basis points to 3.62%, with a loan-to-deposit ratio rising to 82% [8][11] - The cost of deposits improved by 21 basis points to 1.76%, and cumulative total deposit beta increased to 40% [6] Credit Quality and Expenses - Net charge-offs were reported at 34 basis points, with expectations for the loss rate to fall in the 20 to 25 basis point range for 2026 [14] - Operating expenses rose to $151.4 million, attributed mainly to higher health insurance costs, with management targeting 3% to 3.5% expense growth in 2026 [13] Capital Actions and M&A Strategy - The bank increased its dividend to an annualized rate of $1 per share and repurchased 1 million shares in the fourth quarter [15] - Management expressed a preference for its current footprint and is not actively seeking geographic expansion, identifying fewer than 10 potential M&A targets [16] Outlook for 2026 - Management is optimistic about continued growth and improvement, citing strong market economies and ongoing investments in talent and systems [17]

Core Insights - United Community Banks (UCB) reported revenue of $278.39 million for Q4 2025, marking an 11% year-over-year increase and exceeding the Zacks Consensus Estimate of $273.8 million by 1.68% [1] - The earnings per share (EPS) for the same quarter was $0.71, up from $0.63 a year ago, although it fell short of the consensus estimate of $0.73 [1] Financial Performance Metrics - Net interest margin (FTE) stood at 3.6%, aligning with the average estimate from three analysts [4] - The efficiency ratio (Operating) was reported at 54.2%, slightly above the average estimate of 53.8% from three analysts [4] - Total nonperforming assets were $93.5 million, better than the average estimate of $100.61 million from two analysts [4] - Average balance of total interest-earning assets (FTE) was $26.19 billion, slightly below the average estimate of $26.27 billion from two analysts [4] - Net charge-offs to average loans were 0.3%, higher than the average estimate of 0.2% from two analysts [4] - Total nonaccrual loans were reported at $91.1 million, compared to the average estimate of $98.88 million from two analysts [4] - Net interest revenue was $237.93 million, exceeding the average estimate of $234.87 million from three analysts [4] - Total noninterest income reached $40.46 million, slightly above the average estimate of $40.17 million from three analysts [4] - Net interest revenue (FTE) was $239.03 million, surpassing the average estimate of $235.98 million from two analysts [4] Stock Performance - Shares of United Community Banks have returned +0.6% over the past month, while the Zacks S&P 500 composite increased by +2.1% [3] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential outperformance against the broader market in the near term [3]