Cash flow United Community Banks, Inc.

Equities

UCB

US90984P3038

Banks

Market Closed - Nyse Other stock markets 01:30:02 12/09/2024 am IST			5-day change	1st Jan Change
28.24 ^USD	-1.33%		-4.63%	-3.49%

04/09	United Community Banks, Inc. Names Sally Pope Davis to Board of Directors	CI
03/09	United Community Banks Completes Sale of $318 Million Manufactured Housing Loan Portfolio to 21st Mortgage	MT

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Published financial data: UNITED COMMUNITY BANKS, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Interest Income On Loans	476M	494M	506M	673M	1.04B
Interest Income On Investments	76.67M	63.78M	73.06M	140M	195M
Interest Income, Total	553M	558M	579M	813M	1.24B
Interest On Deposits	66.86M	41.77M	14.84M	42.1M	396M
Total Interest On Borrowings	16.46M	14.46M	14.92M	18.7M	23.77M
Interest Expense, Total	83.31M	56.24M	29.76M	60.8M	419M
Net Interest Income	469M	502M	549M	752M	818M
Trust Income	-	9.24M	19M	23.59M	23.74M
Total Mortgage Banking Activities	27.14M	76.09M	58.45M	32.52M	19.22M
Gain (Loss) on Sale of Loans	6.87M	5.42M	11.27M	10.73M	9.15M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	-1.02M	748K	83K	-3.87M	-53.33M
Total Other Non Interest Income	70.07M	64.61M	69.02M	74.73M	76.71M
Non Interest Income, Total	103M	156M	158M	138M	75.48M
Revenues Before Provison For Loan Losses	572M	658M	707M	890M	893M
Provision For Loan Losses	13.15M	80.43M	-37.55M	63.91M	89.43M
Total Revenues	559M	577M	744M	826M	804M
Salaries And Other Employee Benefits	190M	217M	235M	268M	310M
Stock-Based Compensation (IS)	1.76M	484K	489K	540K	725K
Amort. of Goodwill & Intang. Assets	4.94M	4.17M	4.04M	6.83M	15.18M
Occupancy Expense	-	-	-	-	-
Federal Deposit Insurance	4.9M	5.98M	7.4M	9.89M	27.45M
Selling General & Admin Expenses, Total	91.41M	108M	108M	133M	151M
(Income) Loss on Real Estate Property	-	-	-	-	-
Total Other Non Interest Expense	25.98M	25.81M	27.76M	32.95M	39.1M
Non Interest Expense, Total	319M	361M	383M	451M	544M
EBT, Excl. Unusual Items	241M	216M	362M	375M	260M
Restructuring Charges	-	-	-	-	-
Total Merger & Related Restructuring Charges	-3.68M	-7.02M	-13.97M	-19.38M	-27.21M
Asset Writedown	-	-	-	-	-
Insurance Settlements	1.65M	-	-	-	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	239M	209M	348M	356M	233M
Income Tax Expense	52.99M	45.36M	77.96M	78.53M	45M
Earnings From Continuing Operations	186M	164M	270M	277M	188M
Net Income to Company	186M	164M	270M	277M	188M
Net Income - (IS)	186M	164M	270M	277M	188M
Preferred Dividend and Other Adjustments	1.38M	4.82M	8.53M	8.34M	6.7M
Net Income to Common Incl Extra Items	184M	159M	261M	269M	181M
Net Income to Common Excl. Extra Items	184M	159M	261M	269M	181M
Per Share Items
Net EPS - Basic	2.31	1.91	2.97	2.52	1.54
Basic EPS - Continuing Operations	2.31	1.91	2.97	2.52	1.54
Basic Weighted Average Shares Outstanding	79.7M	83.18M	87.94M	107M	118M
Net EPS - Diluted	2.31	1.91	2.97	2.52	1.54
Diluted EPS - Continuing Operations	2.31	1.91	2.97	2.52	1.54
Diluted Weighted Average Shares Outstanding	79.71M	83.25M	88.1M	107M	118M
Normalized Basic EPS	1.89	1.63	2.57	2.2	1.38
Normalized Diluted EPS	1.89	1.63	2.57	2.2	1.38
Dividend Per Share	0.68	0.72	0.78	0.86	0.92
Payout Ratio	28.56	38.06	27.35	33.79	59.57
Supplemental Items
Effective Tax Rate - (Ratio)	22.2	21.66	22.42	22.06	19.35
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	38.08M	42.69M	57.18M	67.61M	38.61M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	14.91M	2.67M	20.79M	10.92M	6.39M
Normalized Net Income	150M	135M	226M	235M	162M
Non-Cash Pension Expense	1.68M	1.65M	1.72M	1.42M	1.28M
Supplemental Operating Expense Items
Stock-Based Comp., SG&A Exp. (Total)	6.86M	7.4M	6.06M	8.16M	8.21M
Stock-Based Comp., Other (Total)	2.5M	484K	489K	540K	725K
Total Stock-Based Compensation	9.36M	7.89M	6.55M	8.7M	8.93M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	515M	1.61B	2.32B	647M	1B
Investment Securities, Total	736M	1.4B	1.89B	1.69B	1.72B
Trading Asset Securities, Total	35.01M	86.67M	42.48M	50.64M	50.35M
Mortgage Backed Securities	1.82B	2.25B	3.81B	4.65B	4.21B
Total investments	2.59B	3.73B	5.75B	6.39B	5.98B
Gross Loans	8.82B	11.38B	11.77B	15.34B	18.33B
Allowance For Loan Losses	-62.09M	-137M	-103M	-159M	-208M
Other Adjustments to Gross Loans	-6.09M	-5.46M	-5.43M	-6.88M	-11.71M
Net Loans	8.75B	11.23B	11.66B	15.18B	18.11B
Gross Property Plant And Equipment	371M	391M	424M	501M	599M
Accumulated Depreciation	-136M	-142M	-149M	-163M	-178M
Net Property Plant And Equipment	236M	250M	275M	338M	421M
Goodwill	327M	368M	452M	751M	920M
Other Intangibles, Total	14.82M	14.01M	20.4M	28.07M	70.17M
Investment in FHLB	-	13.3M	9.23M	33.83M	18.1M
Loans Held For Sale	58.48M	105M	44.11M	13.6M	33.01M
Accrued Interest Receivable	32.66M	47.67M	43M	72.81M	87.78M
Restricted Cash	14.9M	-	-	-	-
Deferred Tax Assets Long-Term (Collected)	34.06M	38.41M	41.32M	129M	113M
Other Real Estate Owned And Foreclosed	476K	647K	43K	49K	1.19M
Other Long-Term Assets, Total	339M	383M	338M	430M	537M
Total Assets	12.92B	17.79B	20.95B	24.01B	27.3B
Liabilities
Accrued Expenses, Total	129M	155M	169M	236M	255M
Interest Bearing Deposits	7.05B	9.53B	11.03B	11.8B	15.62B
Institutional Deposits	367M	317M	256M	433M	1.15B
Non-Interest Bearing Deposits	3.48B	5.39B	6.96B	7.64B	6.53B
Total Deposits	10.9B	15.23B	18.24B	19.88B	23.31B
Short-Term Borrowings	15.52M	29M	25.14M	258M	84.81M
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	4.94M	7.45M	8.2M	11.72M	11.42M
Long-Term Debt	188M	302M	227M	290M	290M
Federal Home Loan Bank Debt - Long-Term	-	-	-	550M	-
Long-Term Leases	17.1M	25.65M	22.88M	29.97M	32.73M
Trust Preferred Securities (BS)	25M	25M	20.62M	34.33M	34.33M
Other Non Current Liabilities	3.46M	10.56M	10.99M	21.16M	16.06M
Total Liabilities	11.28B	15.79B	18.72B	21.31B	24.04B
Preferred Stock Redeemable	-	96.42M	96.42M	96.42M	88.27M
Total Preferred Equity	-	96.42M	96.42M	96.42M	88.27M
Common Stock, Total	79.01M	86.68M	89.35M	106M	119M
Additional Paid In Capital	1.5B	1.64B	1.72B	2.31B	2.7B
Retained Earnings	40.15M	137M	331M	509M	581M
Comprehensive Income and Other	19.88M	48.56M	-15.19M	-317M	-226M
Total Common Equity	1.64B	1.91B	2.13B	2.6B	3.17B
Total Equity	1.64B	2.01B	2.22B	2.7B	3.26B
Total Liabilities And Equity	12.92B	17.79B	20.95B	24.01B	27.3B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	78.94M	86.74M	106M	115M	119M
ECS Total Common Shares Outstanding	79.01M	86.68M	89.35M	106M	119M
Book Value / Share	20.7	22.05	23.79	24.52	26.66
Tangible Book Value	1.29B	1.53B	1.65B	1.83B	2.18B
Tangible Book Value Per Share	16.37	17.64	18.5	17.18	18.34
Tangible Book Value Per Share (As Reported)	16.28	17.56	18.42	17.13	18.39
Average Assets	12.69B	15.47B	19.26B	24.05B	26.45B
Average Loans	8.71B	10.47B	11.49B	14.57B	17.58B
Total Debt	250M	389M	304M	1.17B	454M
Deposits at Interest - Cash	389M	1.46B	2.15B	316M	803M
Federal Funds Sold	-	-	27M	135M	-
Debt Equivalent of Unfunded Proj. Benefit Obligation	25.1M	27.1M	26.26M	20.67M	21.64M
Net Debt	-300M	-1.31B	-2.06B	477M	-600M
Equity Method Investments, Total	-	58.3K	52.7M	77.62M	82.59M
Full Time Employees	2.31K	2.4K	2.55K	2.84K	3.12K
Number Of Offices	181	193	204	228	207

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	186M	164M	270M	277M	188M
Depreciation, Depletion & Amortization	19.01M	-12.75M	-6.11M	39.87M	29.79M
Amortization of Goodwill and Intangible Assets - (CF)	4.94M	4.17M	4.04M	6.83M	15.18M
Total Depreciation, Depletion & Amortization	23.95M	-8.59M	-2.06M	46.7M	44.96M
Gain (Loss) on Sale of Loans & Receivables - (CF)	-6.87M	-5.42M	-11.27M	-10.73M	-9.15M
(Gain) Loss On Sale of Asset - (CF)	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	1.02M	-748K	-83K	3.87M	53.33M
Total Asset Writedown	-	-	-	-	-
Provision for Credit Losses	13.15M	80.43M	-37.55M	63.91M	89.43M
Stock-Based Compensation (CF)	9.36M	7.89M	6.55M	8.7M	8.93M
Change in Other Net Operating Assets (Collected)	-87.31M	-81.64M	113M	206M	-87.47M
Other Operating Activities	14.91M	2.67M	20.79M	10.92M	6.39M
Cash from Operations	154M	159M	359M	607M	294M
Capital Expenditure	-20.94M	-18.46M	-26.48M	-42.7M	-72.48M
Sale of Property, Plant, and Equipment	6.6M	903K	4.25M	9.74M	4.66M
Cash Acquisitions	-19.54M	196M	103M	35.24M	208M
Divestitures	-	-	-	-	-93.61M
Investment in Marketable and Equity Securities, Total	398M	-680M	-2.07B	-801M	780M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-206M	-1.07B	178M	-1.23B	-997M
Other Investing Activities, Total	4.36M	-9.17M	3.45M	6.94M	6.64M
Cash from Investing	163M	-1.58B	-1.81B	-2.02B	-163M
Short Term Debt Issued, Total	-	-	-	159M	-
Long-Term Debt Issued, Total	1.62B	104M	10M	790M	2.22B
Total Debt Issued	1.62B	104M	10M	949M	2.22B
Short Term Debt Repaid, Total	-	-	-	-	-348M
Long-Term Debt Repaid, Total	-1.84B	-134M	-115M	-240M	-2.87B
Total Debt Repaid	-1.84B	-134M	-115M	-240M	-3.22B
Issuance of Common Stock	2.4M	1.32M	737K	-	-
Repurchase of Common Stock	-14.71M	-23.9M	-18.28M	-	-
Issuance of Preferred Stock	-	96.42M	-	-	-
Repurchase of Preferred Stock	-	-	-	-	-7.15M
Common Dividends Paid	-53.04M	-58.91M	-66.91M	-86.88M	-105M
Preferred Dividends Paid	-	-3.53M	-6.88M	-6.88M	-6.64M
Common & Preferred Stock Dividends Paid	-53.04M	-62.44M	-73.79M	-93.76M	-112M
Net Increase (Decrease) in Deposit Accounts - (CF)	151M	2.53B	2.35B	-867M	1.34B
Other Financing Activities, Total	-	-	-	-7.03M	-815K
Cash from Financing	-129M	2.52B	2.16B	-259M	226M
Net Change in Cash	188M	1.09B	710M	-1.67B	357M
Supplemental Items
Cash Interest Paid	85.97M	59.97M	32M	58.71M	409M
Cash Income Tax Paid (Refund)	33.78M	36.54M	55.75M	50.5M	57.96M
Net Debt Issued / Repaid	-215M	-30.57M	-105M	709M	-993M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	1.46	1.07	1.39	1.23	0.73
Return On Equity %	12.01	9.01	12.76	11.27	6.29
Return on Common Equity	11.92	8.98	12.94	11.38	6.26
Shareholders Value Added	7.36M	-40.16M	40.36M	12.6M	-127M
Margin Analysis
SG&A Margin	50.24	56.2	46.07	48.49	57.43
Net Interest Income / Total Revenues %	83.92	86.89	73.76	91.07	101.74
EBT Excl. Non-Recurring Items Margin %	43.04	37.49	48.59	45.44	32.32
Income From Continuing Operations Margin %	33.21	28.42	36.24	33.59	23.33
Net Income Margin %	33.21	28.42	36.24	33.59	23.33
Net Avail. For Common Margin %	32.96	27.58	35.1	32.58	22.5
Normalized Net Income Margin	26.9	23.43	30.37	28.4	20.2
Asset quality
Nonperforming Loans / Total Loans %	0.4	0.54	0.28	0.29	0.5
Nonperforming Loans / Total Assets %	0.27	0.35	0.16	0.18	0.34
Nonperforming Assets / Total Assets %	0.28	0.35	0.16	0.18	0.34
NPAs / Loans and OREO	0.41	0.55	0.28	0.29	0.51
NPAs / Equity	2.19	3.1	1.48	1.64	2.85
Allowance for Credit Losses / Net Charge-offs %	508.26	748.03	270K	1.65K	398.28
Allowance for Credit Losses / Nonperforming Loans %	175.69	222.42	312.48	360.28