NasdaqGS:UCBI

Stock Analysis Report

United Community Banks

Executive Summary

United Community Banks, Inc. operates as the bank holding company for United Community Bank that provides various banking products and services.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.


Similar Companies

Share Price & News

How has United Community Banks's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

6.7%

NasdaqGS:UCBI

6.9%

US Banks

1.2%

US Market


1 Year Return

-4.0%

NasdaqGS:UCBI

-3.7%

US Banks

1.7%

US Market

UCBI matched the Banks industry (-3.7%) over the past year.

UCBI underperformed the Market in United States of America which returned 1.7% over the past year.


Share holder returns

UCBIIndustryMarket
7 Day6.7%6.9%1.2%
30 Day8.8%11.9%4.9%
90 Day1.9%6.3%3.7%
1 Year-1.6%-4.0%-1.0%-3.7%3.9%1.7%
3 Year44.6%36.8%57.5%46.6%47.2%37.7%
5 Year75.9%62.3%62.8%45.1%60.0%42.4%

Price Volatility Vs. Market

How volatile is United Community Banks's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is United Community Banks undervalued based on future cash flows and its price relative to the stock market?

27%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

United Community Banks's share price is below the future cash flow value, and at a moderate discount (> 20%).

United Community Banks's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

United Community Banks is good value based on earnings compared to the US Banks industry average.

United Community Banks is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

United Community Banks is poor value based on expected growth next year.


Price Based on Value of Assets

United Community Banks is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is United Community Banks expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

3.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

United Community Banks's revenue is expected to grow by 3.7% yearly, however this is not considered high growth (20% yearly).

United Community Banks's earnings are expected to grow by 3.5% yearly, however this is not considered high growth (20% yearly).

United Community Banks's revenue growth is positive but not above the United States of America market average.

United Community Banks's earnings growth is positive but not above the United States of America market average.

United Community Banks's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

United Community Banks is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has United Community Banks performed over the past 5 years?

19.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

United Community Banks's year on year earnings growth rate has been positive over the past 5 years.

United Community Banks's 1-year earnings growth exceeds its 5-year average (90.8% vs 19.3%)

United Community Banks's earnings growth has exceeded the US Banks industry average in the past year (90.8% vs 31.8%).


Return on Equity

United Community Banks has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

United Community Banks used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if United Community Banks improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is United Community Banks's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

United Community Banks has an acceptable proportion of non-loan assets held.

United Community Banks has a sufficient allowance for bad loans.

United Community Banks's liabilities are made up of primarily low risk sources of funding.

United Community Banks's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at United Community Banks are broadly funded by customer deposits.

United Community Banks has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is United Community Banks's current dividend yield, its reliability and sustainability?

2.51%

Expected Dividend Yield


Dividend Yield and Payments Analysis

United Community Banks's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).

United Community Banks's dividend is below the markets top 25% of dividend payers in United States of America (3.67%).

Whilst dividend payments have been stable, United Community Banks has been paying a dividend for less than 10 years.

Dividend payments have increased, but United Community Banks only paid a dividend in the past 5 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (3.4x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (3.1x coverage).


Next Steps

Management

What is the CEO of United Community Banks's salary, the management and board of directors tenure and is there insider trading?

2.0yrs

Average management tenure


CEO

Herbert Harton (57yo)

1.3yrs

Tenure

US$3,056,841

Compensation

Mr. Herbert Lynn Harton has been President and Director at United Community Banks, Inc. since 2015 and its Chairman of the Board since May 8, 2019. Mr. Harton has been Chief Executive Officer of United Com ...


CEO Compensation Analysis

Herbert's remuneration is about average for companies of similar size in United States of America.

Herbert's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

2.0yrs

Average Tenure

55.5yo

Average Age

The tenure for the United Community Banks management team is about average.


Board Age and Tenure

3.8yrs

Average Tenure

67yo

Average Age

The tenure for the United Community Banks board of directors is about average.


Insider Trading

United Community Banks individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$84,00012 Sep 19
Alan Kumler
EntityIndividual
Role
Chief Accounting Officer
Chief Accounting Officer
Shares3,000
Max PriceUS$28.00
SellUS$81,18010 Sep 19
Alan Kumler
EntityIndividual
Role
Chief Accounting Officer
Chief Accounting Officer
Shares3,000
Max PriceUS$27.06
SellUS$24,48030 Jul 19
Alan Kumler
EntityIndividual
Role
Chief Accounting Officer
Chief Accounting Officer
Shares841.83
Max PriceUS$29.10
BuyUS$7,04002 May 19
L. Cox
EntityIndividual
Role
Member of the Board of Directors
Director
Shares250
Max PriceUS$28.16
BuyUS$23,46027 Mar 19
Kenneth Daniels
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$23.46
SellUS$251,56321 Feb 19
Bradley Miller
EntityIndividual
Role
Chief Legal Officer
Executive VP
Shares8,627
Max PriceUS$29.16
SellUS$13,82720 Feb 19
Bradley Miller
EntityIndividual
Role
Chief Legal Officer
Executive VP
Shares486
Max PriceUS$28.45
SellUS$111,11830 Jan 19
William Gilbert
EntityIndividual
Shares4,246
Max PriceUS$26.17
SellUS$77,13825 Jan 19
William Gilbert
EntityIndividual
Shares2,963
Max PriceUS$26.05
SellUS$52,65904 Jan 19
William Gilbert
EntityIndividual
Shares2,237
Max PriceUS$23.54

Ownership Breakdown


Management Team

  • Jimmy Tallent (66yo)

    Consultant

    • Tenure: 0.2yrs
    • Compensation: US$1.65m
  • Herbert Harton (57yo)

    Chairman

    • Tenure: 1.3yrs
    • Compensation: US$3.06m
  • Alan Kumler

    Chief Accounting Officer

    • Tenure: 0yrs
  • DeWayne Morrow

    Executive Vice President of Cleveland

    • Tenure: 0yrs
  • Jefferson Harralson (53yo)

    Executive VP & CFO

    • Tenure: 2.4yrs
    • Compensation: US$1.10m
  • Rob Edwards (54yo)

    Chief Risk Officer

    • Tenure: 4.7yrs
    • Compensation: US$776.80k
  • Mark Terry

    Chief Information Officer

    • Tenure: 0yrs
  • Rich Bradshaw (57yo)

    Chief Banking Officer

    • Tenure: 1.7yrs
    • Compensation: US$698.86k
  • Brad Miller (48yo)

    Executive VP

    • Tenure: 12.7yrs
  • Carol Chastain

    Chief Compliance Officer

    • Tenure: 0yrs

Board Members

  • Tom Richlovsky (67yo)

    Lead Director

    • Tenure: 2.7yrs
    • Compensation: US$137.52k
  • Robert Blalock (71yo)

    Director

    • Tenure: 19.7yrs
    • Compensation: US$101.42k
  • Tim Wallis (67yo)

    Director

    • Tenure: 20.7yrs
    • Compensation: US$87.62k
  • David Wilkins (72yo)

    Independent Director

    • Tenure: 3.7yrs
    • Compensation: US$90.02k
  • Herbert Harton (57yo)

    Chairman

    • Tenure: 1.3yrs
    • Compensation: US$3.06m
  • Jenn Mann (48yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: US$59.84k
  • L. Cox (60yo)

    Director

    • Tenure: 11.4yrs
    • Compensation: US$122.02k
  • Eugene White

    Regional Chairman of United Community Bank and Regional CEO of United Community Bank

    • Tenure: 8.1yrs
  • Ken Daniels (67yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$108.52k
  • David Shaver (69yo)

    Director

    • Tenure: 3.1yrs
    • Compensation: US$94.42k

Company Information

United Community Banks, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: United Community Banks, Inc.
  • Ticker: UCBI
  • Exchange: NasdaqGS
  • Founded: 1950
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$2.215b
  • Shares outstanding: 79.08m
  • Website: https://www.ucbi.com

Number of Employees


Location

  • United Community Banks, Inc.
  • 125 Highway 515 East
  • Blairsville
  • Georgia
  • 30512
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UCBINasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDMar 2002
UCBNDB (Deutsche Boerse AG)YesCommon StockDEEURMar 2002

Biography

United Community Banks, Inc. operates as the bank holding company for United Community Bank that provides various banking products and services. The company accepts checking, savings, money market, negotia ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/14 23:42
End of Day Share Price2019/09/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.