NYSE$UCB

United Community Banks Inc · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

United Community Banks Inc reported strong Q2 2026 earnings with GAAP EPS of $0.95 and operating EPS of $0.71 driven by loan growth and margin expansion.

United Community Banks reported net income of $115.6 million for the quarter ended June 30, 2026, up 47% year-over-year, supported by $332 million in loan growth at 6.8% annualized and net interest margin expansion to 3.68%. GAAP results included a $38.5 million provision release from reclassifying Navitas loans to held-for-sale. Operating return on assets was 1.22% with efficiency ratio of 56.7%.

  • GAAP EPS of $0.95 up $0.32 YoY; operating EPS of $0.71 up 8% YoY to $0.71.
  • Net interest margin expanded 18 bps YoY to 3.68%, sixth consecutive quarter of growth.
  • Loans grew $332 million or 6.8% annualized; total revenue rose 7% YoY to $279.3 million.
  • Strong capital position with CET1 at 13.5%; quarterly dividend raised 4% YoY to $0.25 per share.

Headline financials

Total Revenue

$279M

Previous: $260M+7.3%
EPS (adj)

$0.71

Previous: $0.66+7.6%
Return on assets - GAAP

1.6%

No prior period
Return on assets - operating

1.2%

No prior period
Return on common equity - GAAP

12.6%

No prior period
Return on tangible common equity - operating

13.0%

No prior period
Net interest margin FTE

3.7%

No prior period
Efficiency ratio - operating

56.7%

No prior period
Return on common equity - operating

9.4%

No prior period
Efficiency ratio - GAAP

57.0%

No prior period
Net charge-offs to average loans

0.2%

No prior period
Net Income

$116M

Previous: $78.7M+46.9%
Operating Income

$86.4M

No prior period
Cash & Equivalents

$455M

No prior period
Total Assets

$29.1B

No prior period

Revenue & EPS history

United Community Banks · Revenue · Quarterly

$279M

Q2 2026+7.3%vs Q2 2025
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Forward guidance

Company highlighted strategic transactions including Peach State acquisition and Navitas sale to focus on core banking in Southeast footprint.

Tailwinds

  • Loan production over $1 billion excluding Navitas sale
  • Demographic strength in geographic footprint

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+0.0%

Avg return

Earnings day

+0.2%

Avg return

5 days after

+2.4%

Avg return

30 days after

44%

28 / 63 earnings

Positive

+7.4%

Q2 2014

Best reaction

-9.6%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026-3.3%-3.6%-3.1%
Q4 2025+2.8%+4.2%+6.4%
Q3 2025-0.5%-0.5%+1.0%
Q2 2025-0.0%-1.0%+2.7%
Q1 2025+6.6%+10.9%+16.4%
Q4 2024-1.5%+0.8%-4.1%
Q3 2024-1.5%-0.3%+19.5%
Q2 2024+4.2%+2.9%+1.6%
Q1 2024-1.4%-2.1%-2.3%
Q4 2023-2.0%-0.3%-10.4%
Q3 2023-9.6%-13.4%-4.7%
Q2 2023+2.5%+1.5%+0.9%
Q1 2023-1.0%-5.0%-17.3%
Q4 2022-8.8%-9.1%-5.7%
Q3 2022-0.7%-1.3%+0.8%
Q2 2022+3.6%+3.1%+16.1%
Q1 2022+2.9%+1.5%-5.1%
Q4 2021-6.2%-10.1%-4.3%
Q3 2021+3.0%+5.3%+5.9%
Q2 2021+0.3%+0.1%+2.4%
Q1 2021-4.3%-1.1%+2.9%
Q4 2020+0.0%+0.8%+2.3%
Q3 2020+3.7%+11.9%+31.0%
Q2 2020+6.3%+5.7%-0.1%
Q1 2020-4.6%-1.1%-0.4%
Q4 2019-3.7%-4.8%-2.7%
Q3 2019+4.3%+4.0%+5.7%
Q2 2019+4.5%+5.0%-4.0%
Q1 2019+5.9%+7.1%+1.6%
Q4 2018+5.1%+6.6%+18.7%
Q3 2018-5.2%-3.3%+2.5%
Q2 2018-2.5%-3.3%-1.4%
Q1 2018-0.9%-0.7%+1.3%
Q4 2017+0.1%+2.8%-0.2%
Q3 2017+2.3%+0.4%-1.8%
Q2 2017-2.2%-3.8%-8.7%
Q1 2017+1.4%-0.5%-4.6%
Q4 2016+1.8%-2.0%+3.0%
Q3 2016+0.0%+1.2%+27.1%
Q2 2016+1.5%-0.3%+6.9%
Q1 2016-0.7%
Q4 2015-1.6%
Q3 2015-0.2%
Q2 2015-1.7%
Q1 2015-0.2%
Q4 2014+5.9%
Q3 2014+3.5%
Q2 2014+7.4%
Q1 2014-5.0%
Q4 2013-3.9%
Q3 2013+2.7%
Q2 2013+2.2%
Q1 2013-2.6%
Q4 2012+0.7%
Q3 2012-5.2%
Q2 2012+5.3%
Q1 2012+0.0%
Q4 2011+1.9%
Q3 2010-5.0%
Q3 2011-5.0%
Q2 2011-0.3%
Q2 2010-0.3%
Q4 2010-0.3%

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