Financial Data and Key Metrics Changes - Revenue increased by over $16 million compared to the second quarter, driven by an 8 basis point improvement in margin and 5.4% annualized loan growth [4] - Provision for credit losses declined by approximately $4 million compared to the last quarter, supported by strong credit results and a release of $2.6 million from the Hurricane Helene Special Reserve [4] - Earnings per share on an operating basis reached $0.75, a 32% year-over-year improvement, with a return on assets of 1.33% and a return on tangible common equity of 13.6% [4] Business Line Data and Key Metrics Changes - All estates delivered positive loan growth, with significant contributions from C&I, Equipment Finance, and HELOC categories [5][8] - Deposits grew by $137 million, or 2.6% annualized, excluding seasonal public outflows, with DDA comprising a good portion of the growth [7] - Spread income grew by 14% annualized in the quarter, with net interest margin increasing by 8 basis points to 3.58% [10] Market Data and Key Metrics Changes - The loan portfolio grew at a 5.4% annualized pace, with a 6.2% growth rate excluding senior care runoff [8] - The cost of deposits was pushed down to 1.97%, achieving a 37% total deposit beta so far [7] - The CET1 ratio remained flat at 13.4%, indicating a strong capital position [9] Company Strategy and Development Direction - The company plans to focus on organic growth, increasing dividends, and exploring M&A opportunities, with buybacks being a lower priority [28] - Management emphasized a cautious and selective lending strategy, particularly towards non-depository financial institutions, maintaining limited exposure [6] - The company aims to improve operating leverage and profitability in 2026, driven by margin improvements and loan yield increases [54] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for the remainder of the year, supported by strong loan growth and positive credit quality metrics [13] - The company noted that recent credit environment challenges appear to be isolated events, with a strong balance sheet positioned to handle economic volatility [5][6] - Management anticipates continued strong performance in loan pipelines for the fourth quarter, with expectations for similar or slightly better loan growth [19] Other Important Information - The tangible book value reached $21.59, reflecting a 10% year-over-year growth [5] - Non-interest income was $43.2 million, up $8.5 million from the previous quarter, with strong increases across most fee categories [10][11] - The allowance for credit losses slightly decreased to 1.19%, with a loan loss provision of $7.9 million for the quarter [12] Q&A Session Summary Question: Loan growth trends and pipelines - Management noted strong loan growth across all geographies, with Florida leading, and expects similar activity in Q4 [19] Question: Deposit beta guidance - Management indicated confidence in reaching a 40% deposit beta due to successful rate cuts and CD growth despite lower rates [22] Question: Capital deployment priorities - The company prioritizes organic growth, dividends, and M&A opportunities, with buybacks being considered opportunistically [28] Question: Service charge income increase - Management attributed the increase in service charge income to better volume rather than any structural changes [29] Question: Expense increases related to hiring - Management expects a flat expense run rate for the fourth quarter, with a medium to long-term growth rate of 3%-4% [33] Question: Credit quality and Navitas book trends - Management reported normal fluctuations in non-performing assets and stable performance in the Navitas book, with expected losses around 1% in a normal environment [52] Question: Core fee income expectations - Management provided insights into core fee income, indicating variability due to certain non-recurring items but a solid underlying run rate [59]

Financial Data and Key Metrics Changes - Revenue increased by over $16 million compared to the second quarter, driven by an 8 basis point improvement in margin and 5.4% annualized loan growth [4] - Provision for credit losses declined by approximately $4 million compared to the last quarter, supported by strong credit results and a release of $2.6 million from the Hurricane Helene Special Reserve [4] - Earnings per share on an operating basis reached $0.75, a 32% year-over-year improvement, with a return on assets of 1.33% and a return on tangible common equity of 13.6% [4] Business Line Data and Key Metrics Changes - All estates delivered positive loan growth, with significant contributions from C&I, Equipment Finance, and HELAC categories [5][8] - Deposits grew by $137 million, or 2.6% annualized, excluding seasonal public outflows, with DDA comprising a good portion of the growth [7] - Spread income grew by 14% annualized in the quarter, with net interest margin increasing by 8 basis points to 3.58% [10] Market Data and Key Metrics Changes - The loan-to-deposit ratio increased to 80%, while the CET1 ratio remained flat at 13.4% [8][9] - The cost of deposits was pushed down to 1.97%, achieving a total deposit beta of 37% so far [7] - Non-interest income was $43.2 million, up $8.5 million from the previous quarter, with strong increases across most fee categories [10] Company Strategy and Development Direction - The company aims to be cautious and selective in lending to non-depository financial institutions, maintaining limited exposure [6] - Capital priorities include organic growth, dividend increases, and potential M&A opportunities, with buybacks being considered opportunistically [28] - The company is focusing on improving employee engagement and culture, ranking in the 92nd percentile for employee engagement compared to over 2,000 companies [13] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for the remainder of the year, supported by strong loan growth and credit quality metrics [13] - The company anticipates continued operating leverage and profitability improvement in 2026, driven by margin expansion [55] - Management noted an increase in interest from sellers in the M&A space compared to previous quarters, indicating a more favorable environment for potential acquisitions [36] Other Important Information - The company redeemed $88 million of preferred stock, which lowered Tier 1 total capital and leverage ratio towards peer levels [9] - The allowance for credit losses moved down slightly to 1.19%, with a loan loss provision of $7.9 million for the quarter [12] Q&A Session Summary Question: Loan growth trends and pipelines - Management indicated strong loan growth, particularly in Florida, South Carolina, and North Carolina, with expectations for similar performance in Q4 [19][21] Question: Deposit beta guidance - Management expressed confidence in achieving a total deposit beta in the 40% range due to successful rate cuts and CD growth [22][23] Question: Capital deployment priorities - Capital priorities include organic growth, dividend increases, M&A opportunities, and buybacks being considered opportunistically [28] Question: Fee income and service charge income - Management noted that the increase in service charge income was due to better volume, with no unusual changes in fee structure [29] Question: Expenses and hiring efforts - Management expects a flat expense run rate for Q4, with a medium to long-term growth rate of 3% to 4% [33] Question: Credit quality and Navitas book - Management reported stable performance in the Navitas book, with expectations of losses normalizing around 1% in a typical environment [53] Question: Future profitability and operating leverage - Management anticipates continued operating leverage and profitability improvement in 2026, driven by margin expansion [55]

Financial Data and Key Metrics Changes - Revenue increased by over $16 million compared to the second quarter, driven by an 8 basis point improvement in margin and 5.4% annualized loan growth [3] - Operating earnings per share reached $0.75, reflecting a 32% year-over-year improvement, with a return on assets of 1.33% and a return on tangible common equity of 13.6% [3][4] - Provision for credit losses declined by approximately $4 million compared to the previous quarter, supported by strong credit results and a release of $2.6 million from the Hurricane Helene Special Reserve [3][4] Business Line Data and Key Metrics Changes - All business lines reported positive loan growth, with significant contributions from C&I, Equipment Finance, and HELAC categories [4][8] - Deposits grew by $137 million, or 2.6% annualized, excluding seasonal public outflows, with DDA comprising a significant portion of the growth [6] - Non-interest income increased to $43.2 million, up $8.5 million from the previous quarter, driven by strong performance across most fee categories [10] Market Data and Key Metrics Changes - The loan-to-deposit ratio increased to 80%, while the CET1 ratio remained stable at 13.4% [8][9] - The cost of deposits was reduced to 1.97%, achieving a total deposit beta of 37% so far [6][10] - The net interest margin increased by 8 basis points to 3.58%, primarily due to lower cost of funds [10] Company Strategy and Development Direction - The company aims to be cautious and selective in lending to non-depository financial institutions, maintaining minimal exposure in that sector [5] - There is a focus on organic growth, with a recent 4% increase in dividends and potential M&A opportunities being considered [24][25] - The company is actively managing capital, having redeemed $88 million of preferred stock and paid down $100 million of senior debt [9][25] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for the remainder of the year, supported by strong employee engagement and teamwork [13] - The company anticipates continued loan growth and a stable credit environment, despite some concerns in the broader credit market [4][5] - There is an expectation of operating leverage in 2026, driven by margin improvements and loan yield increases [42] Other Important Information - The tangible book value reached $21.59, reflecting a 10% year-over-year growth [4] - Credit quality remains strong, with net charge-offs at 16 basis points for the quarter [12] - The allowance for credit losses slightly decreased to 1.19% [12] Q&A Session Summary Question: Loan growth trends and pipelines - Management noted strong loan growth, particularly in Florida, South Carolina, and North Carolina, with expectations for similar performance in Q4 [16][17] Question: Deposit beta guidance - The company believes deposit beta could reach the 40% range due to successful rate cuts and CD growth despite lower rates [20][21] Question: Capital deployment priorities - Capital priorities include organic growth, dividends, M&A opportunities, and potential buybacks, with organic growth being the top priority [24][25] Question: Fee income expectations - Management indicated that core fee income is expected to stabilize, excluding one-time gains and fluctuations in unrealized equity gains [45] Question: Credit quality and Navitas book - Management reported stable performance in the Navitas book, with expected losses normalizing around 1% in a typical environment [40][41]

Financial Data and Key Metrics Changes - Revenue increased by over $16 million compared to the second quarter, driven by an eight basis point improvement in margin and 5.4% annualized loan growth [3][4] - Operating earnings per share reached $0.75, a 32% year-over-year improvement, with a return on assets of 1.33% and return on tangible common equity of 13.6% [4] - Tangible book value grew to $21.59, reflecting a 10% year-over-year increase [5] Business Line Data and Key Metrics Changes - Loan growth continued at a 5.4% annualized pace, with significant contributions from C&I equipment finance and HELOC categories [9] - Deposits grew by $137 million or 2.6% annualized, with a cost of deposits reduced to 1.97% [8][9] - Non-interest income increased to $43.2 million, up $8.5 million from the previous quarter [13] Market Data and Key Metrics Changes - The loan to deposit ratio increased to 80%, while the CET1 ratio remained stable at 13.4% [10][11] - Credit losses were only 16 basis points for the quarter, indicating strong credit quality [5][15] Company Strategy and Development Direction - The company aims to be cautious and selective in lending to non-depository financial institutions, maintaining limited exposure in that sector [6] - There is a focus on organic growth, dividend increases, and potential M&A opportunities, with buybacks being a lower priority [32] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for the remainder of the year, supported by strong loan growth and positive credit quality metrics [16] - The company anticipates continued operating leverage and margin improvement into 2026, driven by loan yields and asset repricing [62] Other Important Information - The company redeemed $88 million of preferred stock, which lowered Tier one total capital and leverage ratios towards peer levels [11] - Employee engagement was reported in the 92nd percentile compared to over 2,000 companies, indicating a strong workplace culture [16] Q&A Session Summary Question: Loan growth trends and pipelines - Management noted strong loan growth across all geographies, with expectations for continued growth in Q4, particularly in C&I and HELOC products [18][20] Question: Deposit beta guidance - The company believes it can achieve a total deposit beta in the 40% range due to successful rate cuts and CD growth [23][25] Question: Capital deployment priorities - Capital priorities include organic growth, dividends, M&A opportunities, and buybacks being considered opportunistically [31][32] Question: Fee income and expectations - Management indicated that the increase in service charge income was due to better volume, with no unusual changes in fee structure [34] Question: Credit quality and Navitas book - Management reported normal fluctuations in NPAs and stable performance in the Navitas book, with expected losses around 1% in a normal environment [60][61]

分组1 - United Community Banks (UCB) reported quarterly earnings of $0.75 per share, exceeding the Zacks Consensus Estimate of $0.70 per share, and up from $0.57 per share a year ago, representing an earnings surprise of +7.14% [1] - The company posted revenues of $276.85 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 2.22%, compared to year-ago revenues of $244.49 million [2] - UCB has surpassed consensus EPS estimates four times over the last four quarters and topped consensus revenue estimates two times during the same period [2] 分组2 - The stock has underperformed the market, losing about 6.5% since the beginning of the year, while the S&P 500 gained 14.5% [3] - The current consensus EPS estimate for the coming quarter is $0.72 on revenues of $273.45 million, and for the current fiscal year, it is $2.64 on revenues of $1.05 billion [7] - The Zacks Industry Rank for Banks - Southeast is currently in the top 26% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] 分组3 - The estimate revisions trend for UCB was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, suggesting it is expected to outperform the market in the near future [6] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - Another company in the same industry, USCB Financial Holdings, Inc., is expected to report quarterly earnings of $0.42 per share, reflecting a year-over-year change of +20% [9]

Financial Highlights - United Community Bank reported diluted earnings per share (EPS) of $0.70 (GAAP) and $0.75 (operating) in 3Q25[12] - The bank's return on assets (ROA) was 1.29% (GAAP) and 1.33% (operating) in 3Q25[12, 14] - The net interest margin (NIM) increased by 8 bps to 3.58% in 3Q25[12, 44] - Tangible book value (TBV) per share increased to $21.59, a 10% year-over-year improvement[12] Balance Sheet - Total assets reached $28.1 billion, with total deposits at $24.0 billion and total loans at $19.2 billion[10] - Customer deposits grew by $58 million from 2Q25, or 10% annualized[24] - Loan growth was $254 million, or 54% annualized[30] - The bank's CET1 RBC ratio stood at 134%[10, 41] Income Statement - Noninterest income increased to $432 million[47] - The operating efficiency ratio improved to 531%, driven by higher revenue growth[14, 55] Credit Quality - Net charge-offs were $77 million, representing 016% of average loans[60] - The allowance for credit losses (ACL) stood at $228276 million, with an ACL to loans ratio of 119%[61]

[Executive Summary & Third Quarter 2025 Performance](index=1&type=section&id=Executive%20Summary%20%26%20Third%20Quarter%202025%20Performance) [Overview of Third Quarter 2025 Results](index=1&type=section&id=Overview%20of%20Third%20Quarter%202025%20Results) United Community Banks, Inc. reported strong third-quarter 2025 earnings, driven by significant loan growth and margin expansion | Metric | Q3 2025 (GAAP) | Q3 2025 (Operating) | Change from Q3 2024 (GAAP) | Change from Q3 2024 (Operating) | Change from Q2 2025 (GAAP) | Change from Q2 2025 (Operating) | | :-------------------------------- | :---------------- | :-------------------- | :----------------------------- | :------------------------------- | :--------------------------- | :----------------------------- | | Net Income | $91.5 million | - | - | - | Up $12.8 million | - | | Pre-tax, Pre-provision Income | $126.0 million | - | - | - | Up $13.7 million | - | | Diluted EPS | $0.70 | $0.75 | Up $0.32 | Up **32%** | Up $0.07 | Up **14%** | | Return on Assets | **1.29%** | **1.33%** | Up from **0.67%** | Up from **1.01%** | - | - | | Return on Common Equity | **9.2%** | - | - | - | Improved | - | | Return on Tangible Common Equity | - | **13.6%** | - | - | Improved | - | | Tangible Common Equity to Tangible Assets | **9.71%** | - | - | - | Up **26 bps** | - | - Strong **27% year-over-year revenue growth** contributed to the improved financial performance[2](index=2&type=chunk) [CEO's Statement](index=1&type=section&id=CEO%27s%20Statement) Chairman and CEO Lynn Harton expressed pride in the third-quarter financial results, highlighting solid loan and deposit growth, healthy margin expansion, and improved return metrics - Loans grew by **$254 million**, or **5.4%** annualized, from the second quarter[4](index=4&type=chunk) - Customer deposits, excluding seasonal public funds outflow, increased by **$137 million**, or **2.6%** annualized[4](index=4&type=chunk) - Non-interest bearing deposits, excluding public funds, grew at an annualized rate of **4.7%**[4](index=4&type=chunk) - Net charge-offs were **$7.7 million** or **0.16%** annualized of average loans, down **two basis points** from the second quarter[4](index=4&type=chunk) - Nonperforming assets were **0.35%** of total assets, up slightly from **0.30%** for the second quarter[4](index=4&type=chunk) [Key Financial Highlights](index=2&type=section&id=Key%20Financial%20Highlights) The third quarter saw total revenue increase by 6% from the second quarter, reaching $276.8 million, driven by an improved net interest margin of 3.58% and higher noninterest income | Metric | Q3 2025 | Change from Q2 2025 | | :-------------------------------- | :---------------- | :------------------ | | Total Revenue | $276.8 million | Up $16.6 million (**6%**) | | Net Interest Margin | **3.58%** | Increased **8 bps** | | Noninterest Income | - | Up $8.5 million | | Provision for Credit Losses | $7.9 million | Down $3.9 million | | Allowance for Credit Losses Coverage | **1.19%** of total loans | Down slightly | | Net Charge-offs | $7.7 million (**0.16%** annualized) | Improved **2 bps** | | Noninterest Expenses (GAAP) | - | Up $2.9 million | | Noninterest Expenses (Operating) | - | Up $4.3 million | | Efficiency Ratio (GAAP) | **54.3%** | Improved | | Efficiency Ratio (Operating) | **53.1%** | Improved | | Loan Growth | $254 million (**5.4%** annualized) | - | | Mortgage Closings | $283 million | Up from $239 million (Q3 2024) | | Mortgage Rate Locks | $388 million | Up from $306 million (Q3 2024) | | Customer Deposits (excluding public funds) | Up $137 million | - | | Noninterest-bearing Demand Deposits | Up $73 million | - | | Common Dividend | $0.25 per share | Up **4%** YoY | | Common Equity Tier 1 | **13.4%** | Maintained strong | | Preferred Stock Redeemed | $88.3 million | All outstanding preferred shares | [Financial Tables and Reconciliations](index=3&type=section&id=Financial%20Tables%20and%20Reconciliations) [Selected Financial Information](index=3&type=section&id=Selected%20Financial%20Information) This section provides a consolidated overview of key financial metrics, including income summary, performance ratios, and asset quality indicators for the third quarter and year-to-date periods, with comparisons to prior periods | Metric | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | YTD 2025 | YTD 2024 | | :----------------------------------- | :------ | :------ | :------ | :------ | :------ | :------- | :------- | | **Income Summary (in thousands):** | | | | | | | | | Net interest revenue | $233,629 | $225,531 | $212,021 | $210,333 | $209,186 | $671,181 | $617,035 | | Noninterest income | $43,219 | $34,708 | $35,656 | $40,522 | $8,091 | $113,583 | $84,234 | | Total revenue | $276,848 | $260,239 | $247,677 | $250,855 | $217,277 | $784,764 | $701,269 | | Provision for credit losses | $7,907 | $11,818 | $15,419 | $11,389 | $14,428 | $35,144 | $39,562 | | Noninterest expense | $150,868 | $147,919 | $141,099 | $143,056 | $143,065 | $439,886 | $435,111 | | Net income | $91,494 | $78,733 | $71,413 | $75,804 | $47,347 | $241,640 | $176,593 | | **Performance Measures (per common share):** | | | | | | | | | Diluted net income - GAAP | $0.70 | $0.63 | $0.58 | $0.61 | $0.38 | $1.91 | $1.43 | | Diluted net income - operating | $0.75 | $0.66 | $0.59 | $0.63 | $0.57 | $2.00 | $1.67 | | Cash dividends declared | $0.25 | $0.24 | $0.24 | $0.24 | $0.24 | $0.73 | $0.70 | | Book value | $29.44 | $28.89 | $28.42 | $27.87 | $27.68 | $29.44 | $27.68 | | Tangible book value | $21.59 | $21.00 | $20.58 | $20.00 | $19.66 | $21.59 | $19.66 | | **Key Performance Ratios:** | | | | | | | | | Return on assets - GAAP | 1.29% | 1.11% | 1.02% | 1.06% | 0.67% | 1.16% | 0.85% | | Net interest margin (FTE) | 3.58% | 3.50% | 3.36% | 3.26% | 3.33% | 3.48% | 3.30% | | Efficiency ratio - operating | 53.05% | 54.84% | 56.22% | 55.18% | 57.37% | 54.64% | 57.84% | | Tangible common equity to tangible assets | 9.71% | 9.45% | 9.18% | 8.97% | 8.93% | 9.71% | 8.93% | | **Asset Quality:** | | | | | | | | | Nonperforming assets ("NPAs") | $97,916 | $83,959 | $93,290 | $115,635 | $114,960 | $97,916 | $114,960 | | Allowance for credit losses - loans | $215,791 | $216,500 | $211,974 | $206,998 | $205,290 | $215,791 | $205,290 | | Net charge-offs | $7,676 | $8,225 | $9,607 | $9,517 | $23,651 | $25,508 | $48,173 | | NPAs to total assets | 0.35% | 0.30% | 0.33% | 0.42% | 0.42% | 0.35% | 0.42% | | **At Period End ($ in millions):** | | | | | | | | | Loans | $19,175 | $18,921 | $18,425 | $18,176 | $17,964 | $19,175 | $17,964 | | Total assets | $28,143 | $28,086 | $27,874 | $27,720 | $27,373 | $28,143 | $27,373 | | Deposits | $24,021 | $23,963 | $23,762 | $23,461 | $23,253 | $24,021 | $23,253 | | Shareholders' equity | $3,597 | $3,501 | $3,432 | $3,407 | $3,597 | $3,597 | $3,407 | [Non-GAAP Performance Measures Reconciliation](index=4&type=section&id=Non-GAAP%20Performance%20Measures%20Reconciliation) This section provides detailed reconciliations of various non-GAAP financial measures to their most directly comparable GAAP measures, offering a clearer view of the company's underlying operational performance by excluding non-recurring items [Noninterest Income Reconciliation](index=4&type=section&id=Noninterest%20Income%20Reconciliation) | Metric | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | YTD 2025 | YTD 2024 | | :-------------------------- | :------ | :------ | :------ | :------ | :------ | :------- | :------- | | Noninterest income (GAAP) | $43,219 | $34,708 | $35,656 | $40,522 | $8,091 | $113,583 | $84,234 | | Gain on lease termination | - | - | - | - | - | - | ($2,400) | | FDIC special assessment | - | - | - | - | - | - | ($1,736) | | Loss on sale of manufactured housing loans | - | - | - | - | $27,209 | - | $27,209 | | Noninterest income - operating | $43,219 | $34,708 | $35,656 | $40,522 | $35,300 | $113,583 | $109,043 | [Noninterest Expense Reconciliation](index=4&type=section&id=Noninterest%20Expense%20Reconciliation) | Metric | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | YTD 2025 | YTD 2024 | | :-------------------------- | :------ | :------ | :------ | :------ | :------ | :------- | :------- | | Noninterest expense (GAAP) | $150,868 | $147,919 | $141,099 | $143,056 | $143,065 | $439,886 | $435,111 | | Loss on sale of FinTrust, including goodwill impairment | - | - | - | ($5,100) | - | - | ($5,100) | | Merger-related and other charges | ($3,468) | ($4,833) | ($1,297) | ($2,203) | ($2,176) | ($9,598) | ($6,420) | | Noninterest expense - operating | $147,400 | $143,086 | $139,802 | $140,853 | $140,889 | $430,288 | $421,855 | [Net Income to Operating Income Reconciliation](index=4&type=section&id=Net%20Income%20to%20Operating%20Income%20Reconciliation) | Metric | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | YTD 2025 | YTD 2024 | | :------------------------------------------ | :------ | :------ | :------ | :------ | :------ | :------- | :------- | | Net income (GAAP) | $91,494 | $78,733 | $71,413 | $75,804 | $47,347 | $241,640 | $176,593 | | Loss on sale of manufactured housing loans | - | - | - | - | $27,209 | - | $27,209 | | Gain on lease termination | - | - | - | - | - | - | ($2,400) | | Loss on sale of FinTrust, including goodwill impairment | - | - | - | - | - | - | $5,100 | | FDIC special assessment | - | - | - | - | - | - | $1,736 | | Merger-related and other charges | $3,468 | $4,833 | $1,297 | $2,203 | $2,176 | $9,598 | $6,420 | | Income tax benefit of non-operating items | ($751) | ($1,047) | ($281) | ($471) | ($6,276) | ($2,079) | ($8,231) | | Net income - operating | $94,211 | $82,519 | $72,429 | $77,536 | $70,456 | $249,159 | $206,427 | [Net Income to Pre-Tax Pre-Provision Income Reconciliation](index=4&type=section&id=Net%20Income%20to%20Pre-Tax%20Pre-Provision%20Income%20Reconciliation) | Metric | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | YTD 2025 | YTD 2024 | | :------------------------------------------ | :------ | :------ | :------ | :------ | :------ | :------- | :------- | | Net income (GAAP) | $91,494 | $78,733 | $71,413 | $75,804 | $47,347 | $241,640 | $176,593 | | Income tax expense | $26,579 | $21,769 | $19,746 | $20,606 | $12,437 | $68,094 | $50,003 | | Provision for credit losses | $7,907 | $11,818 | $15,419 | $11,389 | $14,428 | $35,144 | $39,562 | | Pre-tax pre-provision income | $125,980 | $112,320 | $106,578 | $107,799 | $74,212 | $344,878 | $266,158 | [Diluted Income Per Common Share Reconciliation](index=4&type=section&id=Diluted%20Income%20Per%20Common%20Share%20Reconciliation) | Metric | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | YTD 2025 | YTD 2024 | | :------------------------------------------ | :------ | :------ | :------ | :------ | :------ | :------- | :------- | | Diluted income per common share (GAAP) | $0.70 | $0.63 | $0.58 | $0.61 | $0.38 | $1.91 | $1.43 | | Loss on sale of manufactured housing loans | - | - | - | - | $0.31 | - | $0.10 | | Loss on sale of FinTrust, including goodwill impairment | - | - | - | - | - | - | $0.02 | | FDIC special assessment | - | - | - | - | - | - | $0.01 | | Merger-related and other charges | $0.02 | $0.03 | $0.01 | $0.02 | $0.01 | $0.06 | $0.04 | | Deemed dividend on preferred stock redemption | $0.03 | - | - | - | - | $0.03 | - | | Diluted income per common share - operating | $0.75 | $0.66 | $0.59 | $0.63 | $0.57 | $2.00 | $1.67 | [Book Value Per Common Share Reconciliation](index=4&type=section&id=Book%20Value%20Per%20Common%20Share%20Reconciliation) | Metric | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | YTD 2025 | YTD 2024 | | :------------------------------------------ | :------ | :------ | :------ | :------ | :------ | :------- | :------- | | Book value per common share (GAAP) | $29.44 | $28.89 | $28.42 | $27.87 | $27.68 | $29.44 | $27.68 | | Tangible book value per common share | $21.59 | $21.00 | $20.58 | $20.00 | $19.66 | $21.59 | $19.66 | [Return on Common Equity Reconciliation](index=4&type=section&id=Return%20on%20Common%20Equity%20Reconciliation) | Metric | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | YTD 2025 | YTD 2024 | | :------------------------------------------ | :------ | :------ | :------ | :------ | :------ | :------- | :------- | | Return on common equity (GAAP) | 9.20% | 8.45% | 7.89% | 8.40% | 5.20% | 8.53% | 6.61% | | Loss on sale of manufactured housing loans | - | - | - | - | 2.43% | - | 0.82% | | Gain on lease termination | - | - | - | - | - | - | (0.07%) | | Loss on sale of FinTrust, including goodwill impairment | - | - | - | - | - | - | 0.16% | | FDIC special assessment | - | - | - | - | - | - | 0.05% | | Merger-related and other charges | 0.29% | 0.42% | 0.12% | 0.20% | 0.19% | 0.27% | 0.19% | | Deemed dividend on preferred stock redemption | 0.34% | - | - | - | - | 0.12% | - | | Return on common equity - operating | 9.83% | 8.87% | 8.01% | 8.60% | 7.82% | 8.92% | 7.76% | [Return on Tangible Common Equity Reconciliation](index=4&type=section&id=Return%20on%20Tangible%20Common%20Equity%20Reconciliation) | Metric | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | YTD 2025 | YTD 2024 | | :------------------------------------------ | :------ | :------ | :------ | :------ | :------ | :------- | :------- | | Return on common equity - operating | 9.83% | 8.87% | 8.01% | 8.60% | 7.82% | 8.92% | 7.76% | | Effect of goodwill and other intangibles | 3.73% | 3.47% | 3.20% | 3.52% | 3.35% | 3.65% | 3.42% | | Return on tangible common equity - operating | 13.56% | 12.34% | 11.21% | 12.12% | 11.17% | 12.57% | 11.18% | [Return on Assets Reconciliation](index=4&type=section&id=Return%20on%20Assets%20Reconciliation) | Metric | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | YTD 2025 | YTD 2024 | | :------------------------------------------ | :------ | :------ | :------ | :------ | :------ | :------- | :------- | | Return on assets (GAAP) | 1.29% | 1.11% | 1.02% | 1.06% | 0.67% | 1.16% | 0.85% | | Loss on sale of manufactured housing loans | - | - | - | - | 0.31% | - | 0.10% | | Loss on sale of FinTrust, including goodwill impairment | - | - | - | - | - | - | 0.02% | | FDIC special assessment | - | - | - | - | - | - | 0.01% | | Merger-related and other charges | 0.02% | 0.03% | 0.01% | 0.02% | 0.01% | 0.06% | 0.04% | | Return on assets - operating | 1.33% | 1.16% | 1.04% | 1.08% | 1.01% | 1.19% | 0.99% | [Return on Assets - Pre-Tax Pre-Provision Reconciliation](index=5&type=section&id=Return%20on%20Assets%20-%20Pre-Tax%20Pre-Provision%20Reconciliation) | Metric | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | YTD 2025 | YTD 2024 | | :------------------------------------------ | :------ | :------ | :------ | :------ | :------ | :------- | :------- | | Return on assets (GAAP) | 1.29% | 1.11% | 1.02% | 1.06% | 0.67% | 1.16% | 0.85% | | Income tax expense | 0.38% | 0.31% | 0.29% | 0.30% | 0.19% | 0.33% | 0.25% | | Provision for credit losses | 0.11% | 0.17% | 0.23% | 0.16% | 0.21% | 0.17% | 0.19% | | Loss on sale of manufactured housing loans | - | - | - | - | 0.40% | - | 0.13% | | Gain on lease termination | - | - | - | - | - | - | (0.01%) | | Loss on sale of FinTrust, including goodwill impairment | - | - | - | - | - | - | 0.03% | | FDIC special assessment | - | - | - | - | - | - | 0.01% | | Merger-related and other charges | 0.05% | 0.07% | 0.01% | 0.03% | 0.03% | 0.04% | 0.03% | | Return on assets - pre-tax pre-provision - operating | 1.83% | 1.66% | 1.55% | 1.55% | 1.50% | 1.70% | 1.48% | [Efficiency Ratio Reconciliation](index=5&type=section&id=Efficiency%20Ratio%20Reconciliation) | Metric | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | YTD 2025 | YTD 2024 | | :------------------------------------------ | :------ | :------ | :------ | :------ | :------ | :------- | :------- | | Efficiency ratio (GAAP) | 54.30% | 56.69% | 56.74% | 56.05% | 65.51% | 55.86% | 61.76% | | Loss on sale of manufactured housing loans | - | - | - | - | (7.15%) | - | (2.25%) | | Gain on lease termination | - | - | - | - | - | - | 0.21% | | Loss on sale of FinTrust, including goodwill impairment | - | - | - | - | - | - | (0.73%) | | FDIC special assessment | - | - | - | - | - | - | (0.24%) | | Merger-related and other charges | (1.25%) | (1.85%) | (0.52%) | (0.87%) | (0.99%) | (1.22%) | (0.91%) | | Efficiency ratio - operating | 53.05% | 54.84% | 56.22% | 55.18% | 57.37% | 54.64% | 57.84% | [Tangible Common Equity to Tangible Assets Reconciliation](index=5&type=section&id=Tangible%20Common%20Equity%20to%20Tangible%20Assets%20Reconciliation) | Metric | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | YTD 2025 | YTD 2024 | | :------------------------------------------ | :------ | :------ | :------ | :------ | :------ | :------- | :------- | | Equity to total assets (GAAP) | 12.78% | 12.86% | 12.56% | 12.38% | 12.45% | 12.78% | 12.45% | | Effect of goodwill and other intangibles | (3.07%) | (3.10%) | (3.06%) | (3.09%) | (3.20%) | (3.07%) | (3.20%) | | Effect of preferred equity | - | (0.31%) | (0.32%) | (0.32%) | (0.32%) | - | (0.32%) | | Tangible common equity to tangible assets | 9.71% | 9.45% | 9.18% | 8.97% | 8.93% | 9.71% | 8.93% | [Loan Portfolio and Credit Quality](index=6&type=section&id=Loan%20Portfolio%20and%20Credit%20Quality) [Loan Portfolio Composition](index=6&type=section&id=Loan%20Portfolio%20Composition) The loan portfolio demonstrated growth in several commercial and residential categories, with total loans increasing by $254 million from the second quarter and $1.211 billion year-over-year | Loan Category (in millions) | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Linked Quarter Change | Year over Year Change | | :-------------------------- | :------ | :------ | :------ | :------ | :------ | :-------------------- | :-------------------- | | Owner occupied commercial RE | $3,678 | $3,563 | $3,419 | $3,398 | $3,323 | $115 | $355 | | Income producing commercial RE | $4,534 | $4,548 | $4,416 | $4,361 | $4,259 | ($14) | $275 | | Commercial & industrial | $2,593 | $2,516 | $2,506 | $2,428 | $2,313 | $77 | $280 | | Commercial construction | $1,734 | $1,752 | $1,681 | $1,656 | $1,785 | ($18) | ($51) | | Equipment financing | $1,808 | $1,778 | $1,723 | $1,663 | $1,603 | $30 | $205 | | Total commercial | $14,347 | $14,157 | $13,745 | $13,506 | $13,283 | $190 | $1,064 | | Residential mortgage | $3,198 | $3,210 | $3,218 | $3,232 | $3,263 | ($12) | ($65) | | Home equity | $1,252 | $1,180 | $1,099 | $1,065 | $1,015 | $72 | $237 | | Residential construction | $178 | $174 | $171 | $178 | $189 | $4 | ($11) | | Consumer | $192 | $191 | $183 | $186 | $188 | $1 | $4 | | Total loans | $19,175 | $18,921 | $18,425 | $18,176 | $17,964 | $254 | $1,211 | | Loans by Market (in millions) | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Linked Quarter Change | Year over Year Change | | :---------------------------- | :------ | :------ | :------ | :------ | :------ | :-------------------- | :-------------------- | | Georgia | $4,584 | $4,551 | $4,484 | $4,447 | $4,470 | $33 | $114 | | South Carolina | $2,926 | $2,872 | $2,821 | $2,815 | $2,782 | $54 | $144 | | North Carolina | $2,676 | $2,626 | $2,666 | $2,644 | $2,586 | $50 | $90 | | Tennessee | $1,902 | $1,881 | $1,880 | $1,799 | $1,848 | $21 | $54 | | Florida | $3,040 | $2,966 | $2,572 | $2,527 | $2,423 | $74 | $617 | | Alabama | $1,054 | $1,016 | $1,009 | - | - | $38 | $28 | | Commercial Banking Solutions | $2,993 | $3,009 | $2,993 | $2,948 | $2,859 | ($16) | $134 | | Total loans | $19,175 | $18,921 | $18,425 | $18,176 | $17,964 | $254 | $1,211 | [Credit Quality Metrics](index=7&type=section&id=Credit%20Quality%20Metrics) Credit quality metrics showed an increase in total nonaccrual loans from the prior quarter, primarily driven by commercial & industrial and residential mortgage categories | Nonaccrual Loans (in thousands) | Q3 2025 | Q2 2025 | Q1 2025 | | :------------------------------ | :------ | :------ | :------ | | Owner occupied RE | $10,275 | $8,207 | $8,949 | | Income producing RE | $10,884 | $14,624 | $16,536 | | Commercial & industrial | $25,754 | $15,422 | $22,396 | | Commercial construction | $3,198 | $1,368 | $5,558 | | Equipment financing | $9,716 | $11,731 | $8,818 | | Total commercial | $59,827 | $51,352 | $62,257 | | Residential mortgage | $28,978 | $22,597 | $22,756 | | Home equity | $5,234 | $4,093 | $4,091 | | Residential construction | $1,241 | $1,203 | $811 | | Consumer | $1,163 | $1,207 | $1,423 | | Total nonaccrual loans | $96,443 | $80,452 | $91,338 | | OREO and repossessed assets | $1,473 | $3,507 | $1,952 | | Total NPAs | $97,916 | $83,959 | $93,290 | | Net Charge-Offs (Recoveries) by Category (in thousands) | Q3 2025 | NCOs to Average Loans (Q3 2025) | Q2 2025 | NCOs to Average Loans (Q2 2025) | Q1 2025 | NCOs to Average Loans (Q1 2025) | | :---------------------------------------------------- | :------ | :------------------------------ | :------ | :------------------------------ | :------ | :------------------------------ | | Owner occupied RE | $2,497 | 0.28% | $470 | 0.05% | $126 | 0.02% | | Income producing RE | ($106) | (0.01%) | $275 | 0.08% | $718 | 0.07% | | Commercial & industrial | ($1,132) | (0.18%) | $1,027 | 0.16% | $2,447 | 0.40% | | Commercial construction | $491 | 0.11% | $89 | 0.02% | ($138) | (0.03%) | | Equipment financing | $5,487 | 1.23% | $4,963 | 1.16% | $5,042 | 1.21% | | Total commercial | $7,237 | 0.20% | $7,482 | 0.22% | $8,195 | 0.24% | | Residential mortgage | ($258) | (0.03%) | $313 | 0.04% | ($1) | - | | Home equity | $8 | 0.01% | ($72) | (0.03%) | ($62) | (0.02%) | | Residential construction | $12 | 0.03% | ($8) | (0.02%) | $219 | 0.51% | | Consumer | $667 | 1.39% | $511 | 1.11% | $1,256 | 2.76% | | Total | $7,676 | 0.16% | $8,225 | 0.18% | $9,607 | 0.21% | [Consolidated Financial Statements](index=8&type=section&id=Consolidated%20Financial%20Statements) [Consolidated Balance Sheets](index=8&type=section&id=Consolidated%20Balance%20Sheets) The consolidated balance sheet as of September 30, 2025, shows an increase in total assets to $28.14 billion, primarily driven by growth in loans and leases held for investment | Asset (in thousands) | September 30, 2025 | December 31, 2024 | | :---------------------------------------------------- | :----------------- | :---------------- | | Cash and cash equivalents | $613,431 | $519,873 | | Debt securities available-for-sale | $3,889,263 | $4,436,291 | | Debt securities held-to-maturity | $2,274,099 | $2,368,107 | | Loans and leases held for investment | $19,174,794 | $18,175,980 | | Less allowance for credit losses - loans and leases | ($215,791) | ($206,998) | | Loans and leases, net | $18,959,003 | $17,968,982 | | Goodwill and other intangible assets, net | $971,071 | $956,643 | | Total assets | $28,143,473 | $27,720,258 | | **Liabilities and Shareholders' Equity (in thousands):** | | | | Noninterest-bearing demand deposits | $6,444,067 | $6,211,182 | | NOW and interest-bearing demand deposits | $5,860,653 | $6,141,342 | | Money market deposits | $6,801,387 | $6,398,144 | | Savings deposits | $1,085,237 | $1,100,591 | | Time deposits | $3,673,718 | $3,441,424 | | Brokered deposits | $155,556 | $168,292 | | Total deposits | $24,020,618 | $23,460,975 | | Short-term borrowings | - | $195,000 | | Long-term debt | $155,251 | $254,152 | | Total liabilities | $24,546,622 | $24,288,131 | | Preferred stock | - | $88,266 | | Common stock | $121,553 | $119,364 | | Total shareholders' equity | $3,596,851 | $3,432,127 | [Consolidated Statements of Income](index=9&type=section&id=Consolidated%20Statements%20of%20Income) The consolidated statements of income show a significant increase in net income for both the three and nine months ended September 30, 2025, compared to the prior year | Income Statement Item (in thousands) | Three Months Ended Sep 30, 2025 | Three Months Ended Sep 30, 2024 | Nine Months Ended Sep 30, 2025 | Nine Months Ended Sep 30, 2024 | | :----------------------------------- | :------------------------------ | :------------------------------ | :----------------------------- | :----------------------------- | | Total interest revenue | $353,850 | $349,086 | $1,036,572 | $1,032,779 | | Total interest expense | $120,221 | $139,900 | $365,391 | $415,744 | | Net interest revenue | $233,629 | $209,186 | $671,181 | $617,035 | | Total noninterest income | $43,219 | $8,091 | $113,583 | $84,234 | | Total revenue | $276,848 | $217,277 | $784,764 | $701,269 | | Provision for credit losses | $7,907 | $14,428 | $35,144 | $39,562 | | Total noninterest expense | $150,868 | $143,065 | $439,886 | $435,111 | | Income before income taxes | $118,073 | $59,784 | $309,734 | $226,596 | | Income tax expense | $26,579 | $12,437 | $68,094 | $50,003 | | Net income | $91,494 | $47,347 | $241,640 | $176,593 | | Net income available to common shareholders | $86,139 | $45,502 | $232,290 | $170,886 | | Diluted net income per common share | $0.70 | $0.38 | $1.91 | $1.43 | [Net Interest Analysis](index=10&type=section&id=Net%20Interest%20Analysis) [Three Months Ended September 30, 2025 and 2024](index=10&type=section&id=Three%20Months%20Ended%20September%2030%2C%202025%20and%202024) For the third quarter, net interest revenue (FTE) increased to $234.66 million, driven by an improved net interest margin of 3.58% | Item (FTE) | Q3 2025 Average Balance (thousands) | Q3 2025 Interest (thousands) | Q3 2025 Average Rate | Q3 2024 Average Balance (thousands) | Q3 2024 Interest (thousands) | Q3 2024 Average Rate | | :----------------------------------- | :---------------------- | :--------------- | :------------------- | :---------------------- | :--------------- | :------------------- | | **Interest-earning assets:** | | | | | | | | Loans, net of unearned income | $19,010,663 | $297,725 | 6.21% | $18,051,741 | $291,164 | 6.42% | | Taxable securities | $6,217,693 | $51,522 | 3.31% | $6,182,164 | $51,284 | 3.32% | | Tax-exempt securities | $351,528 | $2,249 | 2.56% | $361,359 | $2,292 | 2.54% | | Total interest-earning assets | $25,993,562 | $354,885 | 5.42% | $25,101,056 | $350,180 | 5.55% | | **Interest-bearing liabilities:** | | | | | | | | Total interest-bearing deposits | $17,548,101 | $118,475 | 2.68% | $16,783,418 | $136,149 | 3.23% | | Total borrowed funds | $157,481 | $1,746 | 4.40% | $325,454 | $3,751 | 4.59% | | Total interest-bearing liabilities | $17,705,582 | $120,221 | 2.69% | $17,108,872 | $139,900 | 3.25% | | Net interest revenue (FTE) | - | $234,664 | - | - | $210,280 | - | | Net interest-rate spread (FTE) | - | - | 2.73% | - | - | 2.30% | | Net interest margin (FTE) | - | - | 3.58% | - | - | 3.33% | [Nine Months Ended September 30, 2025 and 2024](index=11&type=section&id=Nine%20Months%20Ended%20September%2030%2C%202025%20and%202024) For the nine months ended September 30, 2025, net interest revenue (FTE) increased to $674.19 million, with the net interest margin improving to 3.48% | Item (FTE) | YTD 2025 Average Balance (thousands) | YTD 2025 Interest (thousands) | YTD 2025 Average Rate | YTD 2024 Average Balance (thousands) | YTD 2024 Interest (thousands) | YTD 2024 Average Rate | | :----------------------------------- | :----------------------- | :---------------- | :-------------------- | :----------------------- | :---------------- | :-------------------- | | **Interest-earning assets:** | | | | | | | | Loans, net of unearned income | $18,632,384 | $859,678 | 6.17% | $18,187,790 | $866,502 | 6.36% | | Taxable securities | $6,480,641 | $162,885 | 3.35% | $5,988,368 | $144,363 | 3.21% | | Tax-exempt securities | $354,115 | $6,730 | 2.53% | $363,692 | $6,876 | 2.52% | | Total interest-earning assets | $25,889,263 | $1,039,581 | 5.37% | $25,099,636 | $1,035,997 | 5.51% | | **Interest-bearing liabilities:** | | | | | | | | Total interest-bearing deposits | $17,445,645 | $356,545 | 2.73% | $16,751,883 | $404,395 | 3.22% | | Total borrowed funds | $258,129 | $8,846 | 4.58% | $326,420 | $11,349 | 4.64% | | Total interest-bearing liabilities | $17,703,774 | $365,391 | 2.76% | $17,078,303 | $415,744 | 3.25% | | Net interest revenue (FTE) | - | $674,190 | - | - | $620,253 | - | | Net interest-rate spread (FTE) | - | - | 2.61% | - | - | 2.26% | | Net interest margin (FTE) | - | - | 3.48% | - | - | 3.30% | [Corporate Information and Disclosures](index=12&type=section&id=Corporate%20Information%20and%20Disclosures) [About United Community Banks, Inc.](index=12&type=section&id=About%20United%20Community%20Banks%2C%20Inc%2E) United Community Banks, Inc. is a top 100 U.S. financial institution with $28.1 billion in assets as of September 30, 2025 - United Community Banks, Inc. had **$28.1 billion** in assets as of September 30, 2025[21](index=21&type=chunk) - The company operates **199 offices** across Alabama, Florida, Georgia, North Carolina, South Carolina, and Tennessee[21](index=21&type=chunk) - United Community is an **11-time winner** of J.D. Power's award for highest customer satisfaction among consumer banks in the Southeast and was named the most trusted bank in the region in 2025[21](index=21&type=chunk) [Non-GAAP Financial Measures Explanation](index=12&type=section&id=Non-GAAP%20Financial%20Measures%20Explanation) This section clarifies that the press release includes non-GAAP financial measures, such as operating performance metrics, which exclude non-recurring items - Non-GAAP measures exclude merger-related and other charges not considered part of recurring operations[22](index=22&type=chunk) - These measures are intended to provide useful supplemental information for evaluating underlying performance trends[22](index=22&type=chunk) - Reconciliations of non-GAAP measures to GAAP are included in the financial statement tables[22](index=22&type=chunk) [Caution About Forward-Looking Statements](index=12&type=section&id=Caution%20About%20Forward-Looking%20Statements) The document contains forward-looking statements that are subject to various assumptions, risks, and uncertainties, which could cause actual results to differ materially from those expressed or implied - Forward-looking statements are not historical facts and represent management's beliefs about future performance[23](index=23&type=chunk) - Actual results may differ materially due to numerous assumptions, risks, and uncertainties, including competitive, economic, political, regulatory, and market conditions[23](index=23&type=chunk)[24](index=24&type=chunk) - The company undertakes no obligation to update or revise any forward-looking statements, except as required by law[26](index=26&type=chunk) [Conference Call Details](index=2&type=section&id=Conference%20Call%20Details) United Community Banks, Inc. hosted a conference call on Wednesday, October 22, at 9:00 a.m. ET to discuss the third-quarter earnings release and business highlights - A conference call was held on Wednesday, October 22, at **9:00 a.m. ET** to discuss earnings[7](index=7&type=chunk) - Participants could pre-register online or dial in via phone[7](index=7&type=chunk) - A webcast of the call was accessible through the Investor Relations section of ucbi.com[7](index=7&type=chunk)

Core Insights - United Community Banks, Inc. reported a net income of $91.5 million for Q3 2025, with diluted earnings per share (EPS) of $0.70, reflecting a significant increase from the previous year and the previous quarter [1][7] - The company experienced a 27% year-over-year revenue growth, driven by strong loan production and margin expansion, despite higher expenses [2][5] - The return on assets improved to 1.29%, and the return on common equity was reported at 9.2%, indicating enhanced profitability metrics [3][7] Financial Performance - Net income for Q3 2025 was $91.5 million, up from $78.7 million in Q3 2024, and pre-tax, pre-provision income reached $126.0 million [1][7] - Total revenue for the quarter was $276.8 million, an increase of $16.6 million or 6% from the previous quarter [7] - The net interest margin increased to 3.58%, reflecting a lower cost of funds and an improving asset mix [7][10] Loan and Deposit Growth - Loans grew by $254 million, or 5.4% annualized, while customer deposits increased by $137 million, or 2.6% annualized, excluding seasonal outflows [4][7] - Non-interest bearing deposits, excluding public funds, grew at an annualized rate of 4.7% [4] Credit Quality - Net charge-offs were $7.7 million, or 0.16% annualized of average loans, showing a slight improvement from the previous quarter [4][7] - Nonperforming assets represented 0.35% of total assets, a slight increase from 0.30% in the previous quarter [4][10] Efficiency and Capital Ratios - The efficiency ratio improved to 54.3% on a GAAP basis, indicating better operational efficiency [7][10] - The company maintained strong capital ratios, with a preliminary Common Equity Tier 1 ratio of 13.4% [7]

Company Overview - United Community Banks (UCB) is a bank holding company based in Greenville, operating in the Finance sector with a year-to-date share price change of -2.97% [3] Dividend Information - UCB currently pays a dividend of $0.25 per share, resulting in a dividend yield of 3.19%, which is higher than the Banks - Southeast industry's yield of 2.28% and the S&P 500's yield of 1.49% [3] - The annualized dividend of $1.00 represents a 6.4% increase from the previous year, with an average annual increase of 6.51% over the last five years [4] - The current payout ratio for UCB is 39%, indicating that 39% of its trailing 12-month earnings per share (EPS) is distributed as dividends [4] Earnings Growth - The Zacks Consensus Estimate for UCB's earnings in 2025 is projected at $2.64 per share, reflecting an expected increase of 14.78% from the previous year [5] Investment Appeal - UCB is considered an attractive dividend play and a compelling investment opportunity, currently holding a Zacks Rank of 2 (Buy) [6]

Core Viewpoint - United Community Banks, Inc. is set to release its third quarter 2025 financial results on October 22, 2025, and will hold a conference call to discuss these results and the company's outlook [1][2]. Company Overview - United Community Banks, Inc. is a financial holding company with $28.1 billion in assets as of June 30, 2025, operating 200 offices across six states [3]. - The company offers a comprehensive range of banking, mortgage, and wealth management services and has a nationally recognized SBA lending franchise [3]. - United Community has received multiple accolades, including being named the most trusted bank in its region in 2025 and winning J.D. Power's award for highest customer satisfaction among consumer banks in the Southeast for 11 times [3]. - The company has been recognized as one of the "Best Banks to Work For" by American Banker for eight consecutive years and has earned five 2025 Greenwich Best Brand awards in commercial banking [3]. - Forbes has consistently listed United Community among the World's Best and America's Best Banks [3].