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]
United Community Banks, Inc. Reports Third Quarter Earnings