United Community Banks, Inc. is a bank holding company. The Company conducts substantially all of its operations through a community-focused operating model of separate community banks. The community banks offer a range of retail and corporate banking services, including checking, savings, and time deposit accounts, secured and unsecured loans, wire transfers, brokerage services, and other financial services. United has developed a number of specialized lending areas focusing on asset-based lending, commercial real estate, middle market businesses, United States Small Business Administration and United States Department of Agriculture guaranteed loans, senior living, and builder finance. The Bank also owns an insurance agency, United Community Insurance Services, Inc., known as United Community Advisory Services, which is a subsidiary of the Bank.

Type
Public
HQ
Blairsville, US
Founded
1950
Size (employees)
2,020 (est)
Website
ucbi.com
United Community Banks was founded in 1950 and is headquartered in Blairsville, US
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Key People/Management at United Community Banks

Lynn Harton

Lynn Harton

CEO

United Community Banks Office Locations

United Community Banks has an office in Blairsville
Blairsville, US (HQ)
59 Highway 515
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United Community Banks Financials and Metrics

United Community Banks Financials

United Community Banks's revenue was reported to be $440.45 m in FY, 2017
USD

Revenue (FY, 2017)

440.4 m

Gross profit (FY, 2017)

406.7 m

Gross profit margin (FY, 2017), %

92.3%

Net income (FY, 2017)

67.8 m

Market capitalization (20-Apr-2018)

2.4 b

Cash (31-Dec-2017)

314.3 m

EV

2.2 b
United Community Banks's current market capitalization is $2.4 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

278.4 m326.3 m404.3 m440.4 m

Revenue growth, %

17%24%

Cost of goods sold

25.6 m21.1 m25.2 m33.7 m

Gross profit

252.9 m305.1 m379 m406.7 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

68.1 m66 m68.7 m71 m72.9 m78.3 m83.7 m93.6 m98.4 m105.4 m105.6 m108.8 m109.3 m

Cost of goods sold

7 m6.3 m6.8 m6.4 m5.3 m4.8 m5.4 m5.8 m6.2 m6.5 m7.4 m8 m

Gross profit

61.1 m59.7 m61.9 m64.6 m67.6 m73.4 m78.3 m87.8 m92.3 m98.9 m98.2 m100.8 m

Gross profit Margin, %

90%90%90%91%93%94%94%94%94%94%93%93%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

228.9 m192.7 m240.4 m217.3 m314.3 m

Accounts Receivable

19.6 m20.1 m25.8 m24 m

Inventories

PP&E

163.6 m159.4 m178.2 m189.9 m208.9 m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

204.9 m206.9 m182.8 m207.6 m226.2 m231 m233.2 m246.8 m

PP&E

173.3 m193 m180.7 m181.3 m189.3 m189.4 m189.6 m

Total Assets

8.2 b9.4 b9.8 b9.9 b10.3 b10.7 b10.8 b11.1 b

Accounts Payable

6.8 b7.9 b8 b7.9 b8.4 b8.8 b8.7 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

273.1 m67.6 m71.6 m100.7 m67.8 m

Depreciation and Amortization

26.4 m1.3 m2.4 m4.2 m27.5 m

Inventories

Accounts Payable

42.5 m110 k24.3 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

257.2 m15.4 m31.8 m49.4 m17.7 m35.5 m53.4 m22.3 m47.6 m73.4 m23.5 m51.8 m27.9 m

Depreciation and Amortization

20.8 m4.9 m10 m15.1 m5.2 m10.9 m16.8 m7.1 m14.4 m22.6 m6.4 m12.9 m

Cash From Operating Activities

162.3 m27 m39.9 m63 m27.5 m56.5 m102.6 m2.4 m30.3 m84.9 m62.6 m97.6 m147 m

Purchases of PP&E

(137.3 m)(312.4 m)(476.9 m)(246.7 m)(308.8 m)(308.8 m)(147.6 m)(412.4 m)
USDY, 2017

EV/CFO

10.7 x

Revenue/Employee

224.7 k

Financial Leverage

9.1 x
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United Community Banks Operating Metrics

United Community Banks's Total Loans was reported to be $7b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Non-performing Loans

$17.88 m$19.02 m$18.81 m$20.06 m$22.65 m$22.42 m$21.35 m$21.57 m$21.54 m$19.81 m$23.10 m

Total Loans

$4.67 b$4.79 b$5.17 b$6.02 b$6 b$6.11 b$6.29 b$6.73 b$6.92 b$6.96 b$7.04 b
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