NasdaqGS:UCBI

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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. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.


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

Stable Share Price: UCBI's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-7.1%

UCBI

-8.0%

US Banks

-3.3%

US Market


1 Year Return

-44.0%

UCBI

-31.7%

US Banks

10.9%

US Market

Return vs Industry: UCBI underperformed the US Banks industry which returned -31.7% over the past year.

Return vs Market: UCBI underperformed the US Market which returned 10.9% over the past year.


Shareholder returns

UCBIIndustryMarket
7 Day-7.1%-8.0%-3.3%
30 Day-9.5%-10.4%-5.7%
90 Day-12.4%-3.9%8.2%
1 Year-42.0%-44.0%-29.2%-31.7%13.4%10.9%
3 Year-39.3%-43.9%-23.2%-29.5%34.9%25.9%
5 Year-11.0%-19.9%12.5%-1.4%84.6%63.8%

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 compared to its fair value and its price relative to the market?

39.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: UCBI ($16.02) is trading below our estimate of fair value ($26.62)

Significantly Below Fair Value: UCBI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: UCBI is good value based on its PE Ratio (8.3x) compared to the US Banks industry average (9.3x).

PE vs Market: UCBI is good value based on its PE Ratio (8.3x) compared to the US market (17.4x).


Price to Earnings Growth Ratio

PEG Ratio: UCBI is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: UCBI's PB Ratio (0.7x) is in line with the US Banks industry average.


Next Steps

Future Growth

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

11.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UCBI's forecast earnings growth (11.3% per year) is above the savings rate (2.2%).

Earnings vs Market: UCBI's earnings (11.3% per year) are forecast to grow slower than the US market (23% per year).

High Growth Earnings: UCBI's earnings are forecast to grow, but not significantly.

Revenue vs Market: UCBI's revenue (3.7% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: UCBI's revenue (3.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: UCBI's Return on Equity is forecast to be low in 3 years time (8.2%).


Next Steps

Past Performance

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

20.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UCBI has high quality earnings.

Growing Profit Margin: UCBI's current net profit margins (29.2%) are lower than last year (32.4%).


Past Earnings Growth Analysis

Earnings Trend: UCBI's earnings have grown significantly by 20.4% per year over the past 5 years.

Accelerating Growth: UCBI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: UCBI had negative earnings growth (-12.9%) over the past year, making it difficult to compare to the Banks industry average (-3%).


Return on Equity

High ROE: UCBI's Return on Equity (8.7%) is considered low.


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


Financial Institutions Analysis

Asset Level: UCBI's Assets to Equity ratio (8.5x) is low.

Allowance for Bad Loans: UCBI has a sufficient allowance for bad loans (216%).

Low Risk Liabilities: 96% of UCBI's liabilities are made up of primarily low risk sources of funding.

Loan Level: UCBI has an appropriate level of Loans to Assets ratio (67%).

Low Risk Deposits: UCBI's Loans to Deposits ratio (79%) is appropriate.

Level of Bad Loans: UCBI has an appropriate level of bad loans (0.5%).


Next Steps

Dividend

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

4.50%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: UCBI's dividend (4.5%) is higher than the bottom 25% of dividend payers in the US market (1.75%).

High Dividend: UCBI's dividend (4.5%) is low compared to the top 25% of dividend payers in the US market (5.03%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, UCBI has been paying a dividend for less than 10 years.

Growing Dividend: UCBI's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (36.8%), UCBI's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: UCBI's dividends in 3 years are forecast to be well covered by earnings (40.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Herbert Harton (58 yo)

2.25yrs

Tenure

US$3,685,090

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

Compensation vs Market: Herbert's total compensation ($USD3.69M) is about average for companies of similar size in the US market ($USD4.65M).

Compensation vs Earnings: Herbert's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Herbert Harton
Chairman2.25yrsUS$3.69m0.29%
$ 4.1m
Jefferson Harralson
Executive VP & CFO3.42yrsUS$1.26m0.016%
$ 221.6k
Richard Bradshaw
Executive VP & Chief Banking Officer2.67yrsUS$1.30m0.050%
$ 694.2k
Robert Edwards
Executive VP & Chief Risk Officer5.67yrsUS$1.22m0.024%
$ 334.2k
Jimmy Tallent
Consultant1.17yrsUS$1.47m0.45%
$ 6.3m
Alan Kumler
Chief Accounting Officerno datano data0.028%
$ 392.7k
Mark Terry
Chief Information Officer3.67yrsno data0.012%
$ 163.7k
Carol Chastain
Chief Compliance Officerno datano datano data
Melinda Lux
Executive VP0.50yrno datano data
Doug Higgins
President of Atlanta Metro1.58yrsno datano data
Gideon Haymaker
President for the State of Florida0.17yrno datano data

2.3yrs

Average Tenure

58yo

Average Age

Experienced Management: UCBI's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Herbert Harton
Chairman2.25yrsUS$3.69m0.29%
$ 4.1m
Lance Drummond
Independent Director2.25yrsUS$107.27k0.0013%
$ 17.3k
Thomas Richlovsky
Lead Independent Director3.67yrsUS$142.52k0.026%
$ 362.1k
Robert Blalock
Independent Director20.67yrsUS$102.67k0.047%
$ 650.7k
Robert Head
Director Emeritusno dataUS$62.89kno data
Tim Wallis
Independent Director21.67yrsUS$97.62k0.12%
$ 1.7m
David Wilkins
Independent Director4.67yrsUS$100.02k0.0043%
$ 59.3k
Jennifer Mann
Independent Director2.25yrsUS$111.02k0.0013%
$ 17.3k
L. Cox
Independent Director12.42yrsUS$115.77k0.0081%
$ 112.0k
Kenneth Daniels
Independent Director4.83yrsUS$128.52k0.010%
$ 138.6k
James Clements
Director0.083yrno datano data
David Shaver
Independent Director4.08yrsUS$113.67k0.0045%
$ 61.8k

4.1yrs

Average Tenure

68yo

Average Age

Experienced Board: UCBI's board of directors are considered experienced (4.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.3%.


Top Shareholders

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$1.385b
  • Shares outstanding: 86.47m
  • 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
UCBI.ONasdaqGS (Nasdaq Global Select)6.875 DP PF IUSUSDJun 2020

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 Analysis2020/09/25 06:03
End of Day Share Price2020/09/24 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.