United munity Banks(US:UCBI)2026-01-14 12:41Financial Performance - Total revenue for Q4 2025 was $346.367 million, a 10% increase compared to Q4 2024's $353.850 million[7] - Net income for Q4 2025 was $78.733 million, reflecting a 30% increase from $71.413 million in Q4 2024[7] - Diluted net income per share increased by 13% to $0.70 from $0.63 in Q4 2024[7] - Net income for Q4 2025 was $86,455, compared to $75,804 in Q4 2024, reflecting a year-over-year increase of 8.7%[11] - Total revenue for the twelve months ended December 31, 2025, reached $1,063,152, an increase from $952,124 in 2024, marking an 11.7% growth[11] Income Sources - Net interest revenue increased by 13% year-over-year to $237.926 million from $233.629 million in Q4 2024[7] - Noninterest income rose to $154.045 million, up 12% from $141.099 million in Q4 2024[7] - Net interest revenue for Q4 2025 was $237,926, up from $210,333 in Q4 2024, indicating a 13.2% increase[11] - Total noninterest income for the twelve months ended December 31, 2025, was $154,045, compared to $124,756 in 2024, a growth of 23.5%[11] Loan and Asset Growth - Total loans reached $19.384 billion, an increase of $1.208 billion compared to $18.176 billion in Q4 2024[8] - Owner occupied commercial real estate loans increased by $174 million year-over-year to $3.852 billion[8] - Loans and leases held for investment increased to $19,384,317, up from $18,175,980 in the previous year, a growth of 6.6%[10] - Total assets increased to $28,002,554, up from $27,720,258 in the previous year, representing a growth of 1.02%[10] Efficiency and Profitability Metrics - The efficiency ratio improved to 54.40% from 56.69% in Q4 2024[7] - Return on common equity (GAAP) improved to 9.48% from 9.20% in Q4 2024[7] - The net interest-rate spread (FTE) improved to 2.88% in 2025 from 2.31% in 2024, suggesting better management of interest-earning assets and liabilities[12] - The efficiency ratio (GAAP) improved to 54.40% in the fourth quarter of 2024, compared to 60.24% in the fourth quarter of 2023, showing enhanced operational efficiency[15] Asset Quality - Nonperforming assets decreased to $93.498 million from $115.635 million in Q4 2024[7] - Total nonaccrual loans amounted to $91,098, a decrease from $96,443 in the previous quarter, showing a reduction of 5.4%[9] - Net charge-offs for Q4 2025 totaled $16,418, compared to $7,676 in Q3 2025, representing a significant increase of 113.5%[9] Deposits and Liabilities - Total deposits rose to $23,798,430, compared to $23,460,975 in the previous year, reflecting a 1.4% increase[10] - Total liabilities rose to $24,697,436 million in 2025, compared to $24,453,514 million in 2024, reflecting increased borrowing[12] - Total borrowed funds decreased to $138,480 million in 2025 from $307,382 million in 2024, with a focus on reducing reliance on external financing[12] Shareholder Value - Basic earnings per common share for Q4 2025 was $0.71, compared to $0.61 in Q4 2024, an increase of 16.4%[11] - Shareholders' equity increased to $3,619,642 million in 2025 from $3,401,306 million in 2024, indicating improved financial health[12] - The book value per common share (GAAP) increased to $30.17 as of December 31, 2024, from $28.89 in 2023, reflecting a growth of 4.4%[14]