United Community Banks Management
Management criteria checks 3/4
United Community Banks' CEO is Herbert Harton, appointed in Jun 2018, has a tenure of 6.5 years. total yearly compensation is $3.74M, comprised of 28.1% salary and 71.9% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth $8.29M. The average tenure of the management team and the board of directors is 6.5 years and 7.4 years respectively.
Key information
Herbert Harton
Chief executive officer
US$3.7m
Total compensation
| CEO salary percentage | 28.1% |
| CEO tenure | 6.5yrs |
| CEO ownership | 0.2% |
| Management average tenure | 6.5yrs |
| Board average tenure | 7.4yrs |
Recent management updates
Recent updates
United Community Banks (NYSE:UCB) Has Announced A Dividend Of $0.24
Dec 03
United Community Banks (NYSE:UCB) Has Affirmed Its Dividend Of $0.24
Nov 18United Community Banks: Too Rich For My Blood
Nov 12United Community Banks' (NYSE:UCB) Upcoming Dividend Will Be Larger Than Last Year's
Sep 04United Community Banks: Preferred Share Downgrade On Low Yield
Aug 19United Community Banks' (NYSE:UCB) Dividend Will Be Increased To $0.24
Aug 19United Community Banks (NASDAQ:UCBI) Is Due To Pay A Dividend Of $0.23
Feb 29United Community Banks GAAP EPS of $0.74 beats by $0.02, revenue of $216.30M misses by $10.38M
Oct 18United Community Banks (NASDAQ:UCBI) Is Increasing Its Dividend To $0.22
Sep 13United Community Banks (NASDAQ:UCBI) Is Paying Out A Larger Dividend Than Last Year
Aug 23United Community Banks raises dividend 4.8% to $0.22
Aug 18United Community Banks GAAP EPS of $0.61 misses by $0.04, revenue of $206.75M misses by $6.44M
Jul 19Here's Why I Think United Community Banks (NASDAQ:UCBI) Is An Interesting Stock
Apr 05United Community Banks (NASDAQ:UCBI) Will Pay A Larger Dividend Than Last Year At US$0.21
Feb 22United Community Banks Still Following A Tested Formula
Feb 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$183m |
| Jun 30 2024 | n/a | n/a | US$185m |
| Mar 31 2024 | n/a | n/a | US$181m |
| Dec 31 2023 | US$4m | US$1m | US$181m |
| Sep 30 2023 | n/a | n/a | US$248m |
| Jun 30 2023 | n/a | n/a | US$280m |
| Mar 31 2023 | n/a | n/a | US$283m |
| Dec 31 2022 | US$3m | US$1m | US$269m |
| Sep 30 2022 | n/a | n/a | US$240m |
| Jun 30 2022 | n/a | n/a | US$232m |
| Mar 31 2022 | n/a | n/a | US$236m |
| Dec 31 2021 | US$3m | US$795k | US$261m |
| Sep 30 2021 | n/a | n/a | US$269m |
| Jun 30 2021 | n/a | n/a | US$242m |
| Mar 31 2021 | n/a | n/a | US$199m |
| Dec 31 2020 | US$3m | US$775k | US$159m |
| Sep 30 2020 | n/a | n/a | US$151m |
| Jun 30 2020 | n/a | n/a | US$153m |
| Mar 31 2020 | n/a | n/a | US$172m |
| Dec 31 2019 | US$4m | US$752k | US$184m |
| Sep 30 2019 | n/a | n/a | US$181m |
| Jun 30 2019 | n/a | n/a | US$176m |
| Mar 31 2019 | n/a | n/a | US$171m |
| Dec 31 2018 | US$3m | US$725k | US$165m |
| Sep 30 2018 | n/a | n/a | US$108m |
| Jun 30 2018 | n/a | n/a | US$92m |
| Mar 31 2018 | n/a | n/a | US$81m |
| Dec 31 2017 | US$3m | US$653k | US$67m |
Compensation vs Market: Herbert's total compensation ($USD3.74M) is below average for companies of similar size in the US market ($USD6.65M).
Compensation vs Earnings: Herbert's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Herbert Harton (62 yo)
6.5yrs
Tenure
US$3,740,470
Compensation
Mr. Herbert Lynn Harton is Chairman & CEO of United Community Bank from February 2021. Mr. Harton was Chairman, President & CEO of United Community Bank until February 2021. Mr. Harton was President, CEO &...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.5yrs | US$3.74m | 0.22% $ 8.3m | |
| President & Chief Banking Officer | no data | US$1.60m | 0.047% $ 1.8m | |
| Executive VP & CFO | 7.7yrs | US$1.37m | 0.027% $ 1.0m | |
| Executive VP | 4.8yrs | US$946.62k | 0.014% $ 517.5k | |
| Executive VP & Chief Risk Officer | 9.9yrs | US$1.06m | 0.037% $ 1.4m | |
| Chief Accounting Officer | no data | no data | 0.026% $ 990.2k | |
| Chief Information Officer | 8.9yrs | no data | 0.012% $ 456.9k | |
| Chief Compliance Officer | no data | no data | no data | |
| Executive VP & Chief Marketing Officer | 2.1yrs | no data | 0.0018% $ 68.6k | |
| Chief Human Resources Officer | 2.8yrs | no data | 0.00097% $ 36.6k | |
| President of United Community Bank of Hall County | 13.3yrs | no data | no data | |
| President of Atlanta Metro | 5.8yrs | no data | no data |
6.5yrs
Average Tenure
57.5yo
Average Age
Experienced Management: UCB's management team is seasoned and experienced (6.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 9.8yrs | US$3.74m | 0.22% $ 8.3m | |
| Independent Director | 6.5yrs | US$153.75k | 0.0097% $ 366.0k | |
| Lead Independent Director | 12.8yrs | US$175.00k | 0.028% $ 1.0m | |
| Independent Director | 25.9yrs | US$125.00k | 0.096% $ 3.6m | |
| Independent Director | 8.9yrs | US$125.00k | 0.012% $ 448.9k | |
| Independent Director | 6.5yrs | US$140.00k | 0.0097% $ 366.0k | |
| Independent Director | 9.1yrs | US$162.50k | 0.016% $ 621.2k | |
| Independent Director | 4.3yrs | US$130.00k | 0.0070% $ 263.1k | |
| Independent Director | 8.3yrs | US$155.00k | 0.011% $ 428.6k | |
| Independent Director | 3.3yrs | US$126.25k | 0.0050% $ 187.7k | |
| Independent Director | 2.3yrs | US$125.00k | 0.0035% $ 130.4k | |
| Independent Director | less than a year | US$31.26k | 0.00087% $ 32.8k |
7.4yrs
Average Tenure
67yo
Average Age
Experienced Board: UCB's board of directors are considered experienced (7.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 18:05 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
United Community Banks, Inc. is covered by 18 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gary Tenner | D.A. Davidson & Co. |
| null null | D.A. Davidson & Co. |
| Kevin Fitzsimmons | D.A. Davidson & Co. |