Core Insights - United Community Banks (UCB) reported revenue of $260.24 million for Q2 2025, marking a year-over-year increase of 6.1% and an EPS of $0.66, up from $0.58 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $261.65 million by -0.54%, while the EPS exceeded the consensus estimate of $0.62 by +6.45% [1] Financial Performance Metrics - Efficiency Ratio - Operating: 54.8%, slightly better than the average estimate of 54.9% [4] - Net charge-offs to average loans: 0.2%, matching the average estimate [4] - Net Interest Margin: 3.4%, in line with the average estimate [4] - Average balance of Total interest-earning assets: $25.96 billion, below the estimated $27.32 billion [4] - Total nonperforming assets: $83.96 million, better than the average estimate of $95.46 million [4] - Total nonperforming loans: $80.45 million, significantly lower than the average estimate of $92.6 million [4] - Net interest revenue (FTE): $226.51 million, exceeding the average estimate of $223.4 million [4] - Total noninterest income: $34.71 million, below the average estimate of $39.26 million [4] - Net interest revenue: $225.53 million, slightly above the average estimate of $222.38 million [4] Stock Performance - Shares of United Community Banks have returned +7.7% over the past month, outperforming the Zacks S&P 500 composite's +5.9% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for near-term outperformance against the broader market [3]

Financial Data and Key Metrics Changes - Operating earnings per share for the quarter was $0.66, an increase of 14% year over year [3] - Net interest margin expanded to 3.50%, an improvement of 14 basis points over the last quarter [3] - Customer deposits, excluding merger activity, grew by 1.3% annualized [4] - Loan growth was 4.2% annualized, with strong pipelines heading into the third quarter [4] - Efficiency ratio improved to 54.8%, an improvement of 222 basis points compared to last year [5] Business Line Data and Key Metrics Changes - Deposits increased by $205 million, benefiting from the American National deal [7] - Excluding public fund seasonality, deposits grew by $64 million or 1.2% annualized [8] - Loan portfolio growth continued at a 4.2% annualized pace, excluding American National [9] - Spread income grew at a 21% annualized pace, excluding American National [11] - Operating expenses increased by $2.1 million, primarily driven by merit increases [12] Market Data and Key Metrics Changes - The CET1 ratio remained stable at 13.3%, indicating strong capital position [10] - The loan to deposit ratio increased slightly to 79% due to the acquisition and solid loan growth [9] - The total deposit beta was 34% so far, with expectations for a high 30% range through the cycle [8] Company Strategy and Development Direction - The company continues to seek small, high-performing institutions for potential acquisitions [22] - Focus remains on organic growth, M&A, dividends, and buybacks, with a cautious approach to capital management [48] - The company is actively recruiting top talent to enhance its footprint and market presence [62] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the outlook for the rest of the year despite uncertainties related to tariffs and yield curve direction [15] - There is a positive sentiment among clients regarding economic conditions and potential tax benefits [43] Other Important Information - The company redeemed $100 million in senior notes to manage interest costs effectively [9] - The allowance for credit losses remained flat at 1.21%, with a provision of $11.8 million for the quarter [14] Q&A Session Summary Question: Inquiry about loan growth and hiring initiatives - Management confirmed there were some pay downs but remains optimistic about loan growth in Q3, expecting it to be around 6% [19] - The company is focused on recruiting top talent and has made recent hires to strengthen its team [20] Question: Update on M&A strategy - The company continues to look for small, high-performing institutions for acquisition, with a more favorable outlook compared to previous months [22] Question: Core margin and deposit beta expectations - Management anticipates continued core margin expansion, targeting about five basis points in the third quarter [25] Question: Openness to share buybacks - Currently, the company is not active in buybacks but retains authorization for future opportunities at lower prices [34] Question: Outlook on Navitas growth - Navitas had a strong quarter, and the company plans to maintain or increase loan sales for the rest of the year [38] Question: Capital management and securities restructuring - The company has significant excess capital and is evaluating options for securities restructuring but prioritizes organic growth and M&A [48][47]

Financial Data and Key Metrics Changes - Operating earnings per share for Q2 2025 was $0.66, representing a 14% year-over-year increase [3] - Net interest margin expanded to 3.50%, an improvement of 14 basis points from the previous quarter [3] - Customer deposits, excluding merger activity, grew by 1.3% annualized [4] - Loan growth was 4.2% annualized, with strong pipelines heading into Q3 [4] - Efficiency ratio improved to 54.8%, a decrease of 222 basis points compared to the previous year [5] Business Line Data and Key Metrics Changes - Deposits increased by $205 million, benefiting from the American National acquisition [6] - Public funds deposits outflows were $233 million, but excluding this, deposits grew by $64 million or 1.2% annualized [7] - The loan portfolio continued to grow at a 4.2% annualized pace, excluding the American National acquisition [8] - The cost of deposits decreased to 2.01%, achieving a 34% total deposit beta [7] Market Data and Key Metrics Changes - The CET1 ratio remained stable at 13.3%, indicating strong capital position [10] - The TCE ratio increased by 27 basis points, with all capital ratios above peers [10] - The company repurchased 507,000 shares for approximately $14 million [10] Company Strategy and Development Direction - The company aims to continue looking for small, high-performing institutions for potential acquisitions [22] - Focus remains on organic growth, M&A, dividends, and buybacks, with a strong emphasis on recruiting top talent [62][64] - The management is optimistic about the economic environment and expects continued loan growth and margin expansion [16][19] Management Comments on Operating Environment and Future Outlook - Management acknowledges uncertainties in the environment, particularly regarding tariffs and yield curve direction, but remains optimistic about the outlook for the rest of the year [16] - The sentiment among commercial borrowers has improved, with clients feeling more comfortable about economic conditions [43] Other Important Information - The company has been active in managing capital, having paid down $100 million in senior debt and repurchased $14 million in common shares [10][11] - The allowance for credit losses remained flat at 1.21%, with a loan loss provision of $11.8 million covering net charge-offs of $8.2 million [14] Q&A Session Summary Question: Inquiry about loan growth and hiring initiatives - Management confirmed there were some pay downs but expressed confidence in loan growth for Q3, expecting it to be around 6% [19] - The company is focused on recruiting top talent and has ongoing discussions to add additional lenders [19][20] Question: Core margin and future expectations - Management anticipates margin expansion of about five basis points in Q3, driven by lower deposit costs and a shift towards loans [25][26] Question: Buyback strategy and Navitas growth - Currently, the company is not active in buybacks but retains authorization for future opportunities [34] - Navitas is expected to continue strong growth, with sales of loans anticipated to remain at or above current levels [37] Question: Capital management and securities restructuring - The company has significant excess capital and is evaluating options for securities restructuring but has not made a decision yet [46][48] Question: Hiring focus and market opportunities - The company is targeting both markets with lower deposit shares and major metro areas for growth, emphasizing the importance of talent acquisition [62][64]

Financial Performance - The company reported GAAP diluted earnings per share of $0.63, a 17% year-over-year improvement[11] - Operating diluted earnings per share reached $0.66, reflecting a 14% year-over-year increase[11] - Return on assets (ROA) under GAAP was 1.11%, up 14 bps year-over-year, while operating ROA was 1.16%, up 12 bps year-over-year[11] - Net interest margin (NIM) increased by 13 bps year-over-year to 3.50%[11] - Tangible book value (TBV) per share grew by 10% year-over-year to $21.00[11] Balance Sheet and Capital - Total assets reached $28.1 billion[9] - Total deposits amounted to $24.0 billion[9] - Total loans reached $18.9 billion[9] - The Common Equity Tier 1 (CET1) Risk-Based Capital (RBC) ratio was 13.3%[9] Deposit and Loan Growth - Customer deposits increased by $124 million in 2Q25[18] - Noninterest-bearing DDA grew by $125 million in 2Q25[22] - Total loans reached $18.9 billion, with annualized loan growth of 4.2% excluding ANB[25, 27]

Company Overview United Community Banks, Inc. is a leading regional bank in the Southeast, expanding its asset base and market presence through strategic acquisitions and a focus on customer satisfaction [Corporate Profile and Strategy](index=3&type=section&id=Company%20Overview) UCBI is a premier regional bank in the Southeast, expanding its **$28.1 billion** asset base through strategic acquisitions and a strong focus on customer satisfaction Key Financial Metrics | Metric | Value | | :--- | :--- | | Total Assets | $28.1 Billion | | Total Deposits | $24.0 Billion | | Total Loans | $18.9 Billion | | Assets Under Management (AUM) | $3.3 Billion | | CET1 RBC (preliminary) | 13.3% | | Quarterly Common Dividend | $0.24 | | Banking Offices | 200 | - The acquisition of ANB Holdings, Inc. closed on May 1, 2025, adding a metro-focused branch network in fast-growing MSAs, a technology-enabled equipment financing subsidiary (Navitas), and a national SBA business[10](index=10&type=chunk) - UCBI has received multiple industry awards, including 1 in Customer Satisfaction in the Southeast by J.D. Power in 2025, 5 awards for small business and middle market banking by Coalition Greenwich in 2025, and being named a Best Bank to Work For by American Banker for the eighth consecutive year in 2024[9](index=9&type=chunk) Q2 2025 Performance Highlights The company achieved strong Q2 2025 results, demonstrating significant year-over-year improvements in profitability and shareholder value [Key Financial Metrics](index=4&type=section&id=2Q25%20Highlights) Q2 2025 saw strong financial performance with GAAP diluted EPS up **17%** to **$0.63** and operating EPS up **14%** to **$0.66**, alongside positive trends in key profitability indicators Key Performance Indicators | Metric | 2Q25 Value | YoY Improvement | | :--- | :--- | :--- | | Diluted EPS - GAAP | $0.63 | 17% | | Diluted EPS - Operating | $0.66 | 14% | | Return on Assets - GAAP | 1.11% | 14 bps | | Return on Assets - Operating | 1.16% | 12 bps | | Net Interest Margin | 3.50% | 13 bps | | Tangible Book Value (TBV) per Share | $21.00 | 10% | | Revenue | - | 6% | Profitability and Efficiency Ratios | Profitability & Efficiency | 2Q25 Value | | :--- | :--- | | Return on Common Equity - GAAP | 8.5% | | Return on Tangible Common Equity - Operating | 12.3% | | Efficiency Ratio - GAAP | 56.7% | | Efficiency Ratio - Operating | 54.8% | - Notable items in the second quarter included a **$0.7 million** loss on the extinguishment of senior debt and a **$0.3 million** gain on a securities sale[11](index=11&type=chunk) Detailed Financial Analysis This section provides an in-depth review of the bank's deposit franchise, loan portfolio, balance sheet strength, net interest income, and noninterest revenue and expense trends [Deposit Franchise](index=5&type=section&id=Outstanding%20Deposit%20Franchise) The deposit franchise demonstrated stability with **1.3%** annualized core customer deposit growth and a **4 basis point** quarter-over-quarter decrease in the cost of deposits to **2.01%** - Excluding public funds and the ANB acquisition, customer deposits grew by **$64 million** (**1.3%** annualized) from Q1 2025. The ANB acquisition contributed **$374 million** in deposits[22](index=22&type=chunk) - The cost of deposits decreased by **4 bps QoQ** to **2.01%** in Q2 2025, driven by active management, product mix, and CD repricing. The monthly average cost for June was **1.99%**[19](index=19&type=chunk)[22](index=22&type=chunk) Customer Deposit Changes (QoQ) | Deposit Change from 1Q25 to 2Q25 | Amount (in millions) | | :--- | :--- | | 1Q25 Total Customer Deposits | $23,807 | | Change in Noninterest-bearing | +$125 | | Change in NOW | -$169 | | Change in Savings | +$124 | | Change in MMA | -$34 | | Change in Time Deposits | +$160 | | 2Q25 Total Customer Deposits | $24,013 (Implied) | [Loan Portfolio](index=6&type=section&id=Loan%20Growth) Total loans reached **$18.9 billion** in Q2 2025, with **4.2%** annualized organic growth, maintaining a diversified portfolio with C&I and CRE as primary segments - Total loans grew to **$18.9 billion**. Excluding the **$301 million** in loans from the ANB acquisition, organic loan growth was **4.2%** annualized[27](index=27&type=chunk) Loan Portfolio Composition | Loan Portfolio Composition (2Q25) | % of Total Loans | | :--- | :--- | | C&I | 42% | | CRE | 24% | | Residential Mortgage | 17% | | Home Equity | 9% | | Commercial Construction | 6% | | Residential Construction | 1% | | Other Consumer | 1% | - Key portfolio metrics remain well-managed: Construction and CRE loans were **62%** and **204%** of total risk-based capital, respectively. Shared National Credits (SNCs) were low at **1.5%** of total loans[27](index=27&type=chunk) [Balance Sheet, Liquidity, and Capital](index=7&type=section&id=Balance%20Sheet%20Strength%20%E2%80%93%20Liquidity%20and%20Capital) UCBI maintains a strong balance sheet with robust capital ratios, including **9.45%** Tangible Common Equity to Tangible Assets and **13.3%** CET1, supported by strategic capital actions and increased tangible book value per share - Capital ratios remain strong and above the KRX Peer Median, with Tangible Common Equity / Tangible Assets at **9.45%** and CET1 at **13.3%**[29](index=29&type=chunk)[30](index=30&type=chunk)[37](index=37&type=chunk) - Key capital actions in Q2 2025 included: redeemed **$100 million** of senior debt; repurchased **$14 million** of common stock (**507k shares**) at an average price of **$27.49**; paid a quarterly common dividend of **$0.24** per share, a **4%** increase YoY[32](index=32&type=chunk)[37](index=37&type=chunk) Tangible Book Value Per Share Reconciliation | Tangible Book Value Per Share Walk (Q1'25 to Q2'25) | Value per Share | | :--- | :--- | | 1Q25 TBV | $20.58 | | GAAP Earnings | +$0.63 | | Dividends | -$0.25 | | Change in AOCI | +$0.08 | | Other | -$0.04 | | **2Q25 TBV** | **$21.00** | [Net Interest Income and Margin](index=9&type=section&id=Net%20Interest%20Revenue%20%2F%20Margin) Net interest income rose to **$225.5 million**, with net interest margin expanding by **14 basis points** to **3.50%**, driven by improved funding costs and earning asset mix - Net interest margin (NIM) increased by **14 bps** from **3.36%** in 1Q25 to **3.50%** in 2Q25. The increase was driven by rate (**+4 bps**), mix (**+7 bps**), and accretion (**+2 bps**)[39](index=39&type=chunk)[40](index=40&type=chunk) - Net interest revenue grew to **$225.5 million** in Q2 2025, up from **$212.0 million** in 1Q25. The ANB acquisition contributed **$2.2 million** to this total[38](index=38&type=chunk)[40](index=40&type=chunk) - Purchased loan accretion added **$4.3 million** to net interest income, contributing **7 basis points** to the NIM, an increase of **2 bps** from the prior quarter[40](index=40&type=chunk) [Noninterest Income](index=10&type=section&id=Noninterest%20Income%20-%20Operating) Operating noninterest income slightly decreased to **$34.7 million**, primarily due to a negative MSR valuation adjustment, despite **$2.0 million** in loan sale gains Operating Noninterest Income Breakdown | Operating Noninterest Income Breakdown | 2Q25 ($ millions) | 1Q25 ($ millions) | | :--- | :--- | :--- | | Service Charges | $10.1 | $9.5 | | Mortgage | $5.4 | $6.1 | | Brokerage / Wealth Mgmt | $4.4 | $4.5 | | Loan Sale Gains | $2.0 | $1.4 | | Other | $12.8 | $14.1 | | **Total** | **$34.7** | **$35.7** | - The quarter-over-quarter decrease was mainly driven by a **$0.4 million** negative MSR mark in 2Q25 compared to a **$0.3 million** positive mark in 1Q25. Other income also decreased, which included a **$0.7 million** loss on the extinguishment of senior debt[45](index=45&type=chunk) - The company sold **$21.8 million** of SBA loans and **$16.9 million** of Navitas loans, resulting in **$2.0 million** of loan sale gains[45](index=45&type=chunk) [Noninterest Expense](index=11&type=section&id=Noninterest%20Expense) The operating efficiency ratio improved to **54.8%**, a **138 basis point** decrease from Q1, while operating noninterest expense increased to **$143.1 million** due to merit increases and acquisition costs - The operating efficiency ratio improved to **54.8%** in 2Q25, down from **56.2%** in 1Q25 and **57.1%** in 2Q24. This ratio has been consistently below the KRX Peer Median[47](index=47&type=chunk)[50](index=50&type=chunk) - Operating noninterest expense increased by **$3.3 million** from the prior quarter, driven by merit increases (**$1.8 million**) and the ANB acquisition (**$1.2 million**)[51](index=51&type=chunk) Noninterest Expense Trend | Noninterest Expense Trend ($ millions) | 2Q24 | 1Q25 | 2Q25 | | :--- | :--- | :--- | :--- | | GAAP | $147.0 | $141.1 | $147.9 | | Operating | $140.6 | $139.8 | $143.1 | Credit Quality Analysis This section examines the bank's strong credit quality, highlighting improvements in key metrics and the stability of its Allowance for Credit Losses [Credit Metrics](index=12&type=section&id=Credit%20Quality) Credit quality improved in Q2 2025, with net charge-offs at **0.18%** and nonperforming assets decreasing to **0.44%** of total loans due to successful resolutions Key Credit Metrics | Credit Metric (% of Total Loans) | 2Q25 | 1Q25 | | :--- | :--- | :--- | | Net Charge-Offs (annualized) | 0.18% | 0.21% | | Nonperforming Assets (NPAs) | 0.44% | 0.51% | | Past Due Loans | 0.14% | 0.21% | - Nonperforming assets improved by **$9.3 million** during the quarter, a decrease of **6 bps**, driven by the resolution of the largest Senior Care non-accrual credit and the exit of several C&I loans[55](index=55&type=chunk) - Higher risk loans, defined as special mention plus substandard accruing, were **3.1%** of total loans, remaining steady compared to Q1 2025[55](index=55&type=chunk) [Allowance for Credit Losses (ACL)](index=13&type=section&id=Allowance%20for%20Credit%20Losses) The ACL to total loans ratio remained stable at **1.21%**, with the provision for credit losses decreasing to **$11.8 million** due to lower net charge-offs - The ACL to total loans ratio was **1.21%**, flat compared to the prior quarter[57](index=57&type=chunk)[60](index=60&type=chunk) - The provision for credit losses was **$11.8 million**, down from **$15.4 million** in 1Q25, mainly due to lower charge-offs. The provision included a **$2.5 million** "double-dip" for the ANB non-PCD loan portfolio[60](index=60&type=chunk) Allowance for Credit Losses Reconciliation | ACL Walk-Forward (in thousands) | Amount | | :--- | :--- | | 1Q25 ACL | $223,201 | | Provision (Model Impact/NCO Refill) | +$11,493 | | Net Charge-Offs (NCOs) | -$8,226 | | ANB Double Dip | +$2,494 | | Hurricane Special Reserve Reduction | -$2,800 | | Other Changes | +$1,883 | | **2Q25 ACL** | **$228,045** | Appendix This section provides supplemental information on the company's culture, market position, detailed business segment performance, and comprehensive financial reconciliation tables [Company Culture and Market Position](index=15&type=section&id=Cultural%20Foundations%20of%20United%20Community) United Community's 75-year culture, built on core values, drives consistent customer satisfaction and positions the bank strategically in high-growth Southeast MSAs - The company's vision is "To Be a Legendary Bank," guided by core values of Team, Truth, Trust, and Caring[63](index=63&type=chunk) - UCBI has a significant presence in many of the fastest-growing MSAs in the Southeast, with **22.3%** of its deposits in the Atlanta MSA and **8.8%** in the Greenville, SC MSA[78](index=78&type=chunk)[79](index=79&type=chunk) [Supplemental Business Details](index=17&type=section&id=Navitas%20Performance) The Navitas equipment finance portfolio grew to **$1.78 billion** with a **9.71%** yield, while mortgage rate locks increased to **$359 million** driven by seasonal strength and purchase volume - The Navitas loan portfolio reached **$1.78 billion** with a yield of **9.71%**. The ACL for this portfolio is **2.59%**[67](index=67&type=chunk)[69](index=69&type=chunk) - Navitas's annualized net charge-offs were **1.14%** in 2Q25. Excluding losses from the shrinking Long Haul Trucking segment, the NCO rate was **0.87%**, an improvement of **8 bps** from 1Q25[69](index=69&type=chunk) - Mortgage rate locks increased to **$359 million** in 2Q25 from **$330 million** in 1Q25, driven by seasonal momentum. Purchase volume accounted for **80%** of originations[73](index=73&type=chunk)[76](index=76&type=chunk) [Financial Tables](index=16&type=section&id=Non-GAAP%20Reconciliation%20Tables) This section presents detailed financial data, including average deposit costs and comprehensive reconciliation tables for GAAP to non-GAAP operating measures Average Deposit Costs Trend | Average Deposit Costs (Annualized) | 2Q24 | 1Q25 | 2Q25 | | :--- | :--- | :--- | :--- | | DDA | N/A | N/A | N/A | | NOW | 3.01% | 2.47% | 2.45% | | MMDA | 3.55% | 3.05% | 2.99% | | Savings | 0.24% | 0.23% | 0.49% | | Time | 4.05% | 3.63% | 3.47% | | **Total Deposits** | **2.35%** | **2.05%** | **2.01%** | - The presentation includes detailed tables reconciling GAAP to non-GAAP measures for key metrics including Noninterest Income, Expenses, Diluted EPS, Book Value Per Share, Return on Tangible Common Equity, Return on Assets, and the Efficiency Ratio[81](index=81&type=chunk)[83](index=83&type=chunk)

Core Viewpoint - United Community Banks, Inc. reported strong financial results for the second quarter of 2025, driven by margin expansion, stable credit quality, and disciplined expense control, with net income reaching $78.7 million and diluted earnings per share increasing to $0.63 [1][5]. Financial Performance - The diluted earnings per share on an operating basis was $0.66, reflecting a 14% increase from the same quarter last year, primarily due to higher net interest income and lower provision for credit losses [2][5]. - Net income for the quarter was $78.7 million, with pre-tax, pre-provision income of $112.3 million, both showing improvements from the previous quarter [1][5]. - Total revenue for the quarter was $260 million, an increase of $13 million or 5% from the first quarter [5]. Key Ratios and Metrics - Return on assets was reported at 1.11%, with an operating return on assets of 1.16% [3][8]. - Return on common equity was 8.5%, while return on tangible common equity on an operating basis was 12.3% [3][8]. - The efficiency ratio improved to 56.7% on a GAAP basis and 54.8% on an operating basis [5][8]. Asset Quality - Net charge-offs were $8.2 million, or 0.18% of average loans, which is a decrease of 3 basis points from the first quarter [4][5]. - Nonperforming assets were 30 basis points relative to total assets, improving from 33 basis points in the previous quarter [4][5]. - The provision for credit losses was $11.8 million, down $3.6 million from the first quarter, maintaining an allowance for credit losses steady at 1.21% of loans [5][8]. Growth and Strategic Initiatives - The company successfully completed the acquisition of American National Bank on May 1, contributing to loan growth of $194 million, or 4.2% annualized, excluding loans from the acquisition [4][5]. - Tangible book value per share increased by $0.42 during the quarter [4]. - Customer deposits, excluding those from the acquisition, increased by $64 million or 1.3% annualized, despite a seasonal outflow of public funds [4][5].

Core Viewpoint - The market anticipates United Community Banks (UCB) will report a year-over-year increase in earnings driven by higher revenues for the quarter ended June 2025, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - UCB is expected to post quarterly earnings of $0.62 per share, reflecting a year-over-year increase of +6.9% [3]. - Revenues are projected to reach $259.97 million, which is a 6% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 1.02% higher in the last 30 days, indicating a collective reassessment by analysts [4]. - The Most Accurate Estimate for UCB is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.21%, suggesting a bearish outlook from analysts [11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the likelihood of actual earnings deviating from consensus estimates, with positive readings being more reliable [6][7]. - Stocks with a positive Earnings ESP and a Zacks Rank of 1, 2, or 3 have historically shown a nearly 70% chance of delivering a positive surprise [8]. Historical Performance - In the last reported quarter, UCB exceeded the expected earnings of $0.56 per share by delivering $0.59, resulting in a surprise of +5.36% [12]. - Over the past four quarters, UCB has beaten consensus EPS estimates three times [13]. Conclusion - While UCB does not appear to be a strong candidate for an earnings beat based on current estimates, other factors should also be considered when evaluating the stock ahead of its earnings release [16].

Core Viewpoint - United Community Banks, Inc. is set to release its second quarter 2025 financial results on July 23, 2025, and will hold a conference call to discuss these results and the company's outlook [1][2]. Group 1: Financial Results Announcement - The financial results for the second quarter of 2025 will be released before the stock market opens on July 23, 2025 [1]. - A conference call is scheduled for 9:00 a.m. EST on the same day to discuss the financial results and business highlights [1]. Group 2: Conference Call Details - Participants can pre-register for the conference call via a provided link or by calling a designated phone number [2]. - The conference call will also be available via webcast on the company's Investor Relations website [2]. Group 3: Company Overview - United Community Banks, Inc. is a financial holding company with $27.9 billion in assets as of March 31, 2025, operating 200 offices across several states [3]. - The company has received multiple awards for customer satisfaction and workplace quality, including recognition from J.D. Power and American Banker [3]. - United Community offers a comprehensive range of banking, mortgage, and wealth management services, and has a nationally recognized SBA lending franchise [3].

Group 1 - The focus is on income investing through common shares, preferred shares, or bonds, with occasional insights on the broader economy or specific company situations [1] - The author has a background in history, political science, and an MBA with a specialization in Finance and Economics, indicating a strong analytical foundation [1] - The author has been investing since 2000 and currently serves as the CEO of an independent living retirement community in Illinois, suggesting practical experience in both investment and management [1] Group 2 - The author holds a beneficial long position in UCB.PR, indicating a personal investment interest in this specific stock [2] - The article expresses the author's own opinions without external compensation, emphasizing independence in analysis [2] - There is no business relationship with any company mentioned in the article, which may enhance the credibility of the insights provided [2]

Core Insights - The Phase 3 PHOENYCS GO study results indicate that dapirolizumab pegol (DZP) shows significant clinical improvements in disease activity for patients with moderate-to-severe systemic lupus erythematosus (SLE) [1][4][6] - The study demonstrated improvements in fatigue and disease activity measures, suggesting DZP's potential as a new treatment option for SLE [2][3][5] Company Overview - UCB is a global biopharmaceutical company focused on innovative medicines for severe diseases of the immune system and central nervous system, generating €6.1 billion in revenue in 2024 [13] - Biogen is a leading biotechnology company that develops innovative therapies, leveraging deep biological understanding to create new medicines [14] Clinical Study Findings - At Week 48, 40.9% of participants receiving DZP achieved low disease activity compared to 19.6% in the standard of care (SOC) group, with significant differences noted as early as Week 12 [6][7] - Improvements in fatigue were quantified, with the DZP group showing a change from baseline of 8.9 in FACIT-Fatigue scores versus 5.2 in SOC alone [5] - The safety profile of DZP was generally favorable, with treatment-emergent adverse events (TEAEs) occurring in 82.6% of DZP participants compared to 75.0% in SOC [8] Future Developments - A second Phase 3 trial, PHOENYCS FLY, is ongoing to further confirm the efficacy and safety of dapirolizumab pegol in SLE [9]