Financial 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, up 30% from $71.413 million in Q4 2024[7] - The diluted net income per share (GAAP) for Q4 2025 was $0.70, a 13% increase 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] - Net income for the year ended December 31, 2024, was $328,095 million, compared to $252,397 million in 2023, reflecting a year-over-year increase of 29.9%[14] Revenue Sources - Net interest revenue increased by 13% year-over-year to $237.926 million from $233.629 million in Q4 2024[7] - Noninterest income for the year-to-date (YTD) was $909.107 million, a 12% increase from $827.368 million in the previous year[7] - Total noninterest income for the twelve months ended December 31, 2025, was $154,045, compared to $124,756 in 2024, showing a 23.5% increase[11] - Noninterest income for the year ended December 31, 2024, was $154,045 million, an increase from $124,756 million in 2023, representing a growth of 23.5%[14] Asset and Liability Management - Total assets increased to $28,002,554, up from $27,720,258 in the previous year, representing a growth of 1.02%[10] - Total deposits increased to $23,798,430, up from $23,460,975 in the previous year, reflecting a growth of 1.4%[10] - Total liabilities increased to $24,697,436 million in 2025, up from $24,453,514 million in 2024, showing a growth of 1.00%[12] - Total interest-bearing liabilities increased to $17,970,907 million in 2025, compared to $17,723,130 million in 2024, marking a growth of 1.40%[12] Efficiency and Profitability - The efficiency ratio (GAAP) improved to 54.40% in Q4 2025 from 56.69% in Q4 2024[7] - The return on common equity (GAAP) for Q4 2025 was 9.48%, up from 9.20% in Q4 2024[7] - The net interest margin (FTE) improved to 3.62% in 2025, up from 3.26% in 2024, indicating a positive trend in profitability[12] - The company reported a return on common equity (GAAP) of 9.48% for the fourth quarter of 2024, compared to 8.45% in the fourth quarter of 2023, indicating improved profitability[14] Credit Quality - Nonperforming assets (NPAs) decreased to $83.959 million from $93.290 million year-over-year[7] - Total nonaccrual loans amounted to $91,098, a decrease from $96,443 in the previous quarter, indicating 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] - Provision for credit losses for the fourth quarter of 2024 was $0.19, compared to $0.16 in the same quarter of 2023, indicating a slight increase in credit risk management[15] Shareholder Returns - The company declared cash dividends of $0.25 per common share, an increase from $0.24 in the previous year[7] - Basic earnings per common share for Q4 2025 was $0.71, compared to $0.61 in Q4 2024, representing a 16.4% increase[11] - The book value per common share (GAAP) increased to $30.17 in the fourth quarter of 2024, up from $28.89 in the fourth quarter of 2023, reflecting a growth of 4.4%[14]
United Community Banks, Inc.(UCB) - 2025 Q4 - Annual Results