United Community Banks

Since 1950, United Community Bank has been dedicated to providing platinum-level service to our customers as the foundation of every relationship. Known as The Bank That SERVICE Built℠, we are committed to improving the lives of residents in the communities we serve through this philosophy of delivering exceptional banking service.

We carry an average rating of 96%* in customer satisfaction, the highest in the U.S. banking industry, and we operate as one of the strongest and most secure banks in the Southeast. Headquartered in Blairsville, GA, we are the third-largest traditional bank holding company in the state with more than 100 locations throughout Georgia, North Carolina, Tennessee and South Carolina.

We provide valuable products ranging from personal banking and mortgage services to Small Business Administration loans and risk-management solutions to meet our customers' needs.

When it comes to a better banking experience, United Community Bank delivers the personal attention you deserve.


Company Growth (employees)
Type
Public
HQ
Blairsville, US
Founded
1950
Size (employees)
1,915 (est)
Website
ucbi.com
United Community Banks was founded in 1950 and is headquartered in Blairsville, US

United Community Banks Office Locations

United Community Banks has an office in Blairsville

United Community Banks Data and Metrics

United Community Banks Financial Metrics

United Community Banks's revenue was reported to be $105.6 m in Q1, 2017
USD

Revenue (Q1, 2017)

105.6 m

Gross profit (Q1, 2017)

98.2 m

Gross profit margin (Q1, 2017), %

93%

Net income (Q1, 2017)

23.5 m

Market capitalization (15-Aug-2017)

1.9 b

Cash (31-Mar-2017)

231 m
United Community Banks's current market capitalization is $1.9 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

278.4 m326.3 m404.3 m

Revenue growth, %

17%24%

Cost of goods sold

25.6 m21.1 m25.2 m

Gross profit

252.9 m305.1 m379 m

Gross profit Margin, %

91%94%94%

Operating expense total

162.9 m211.2 m241.3 m

Pre tax profit

107.1 m115 m163 m

Income tax expense

39.5 m43.4 m62.3 m

Net Income

273.1 m67.6 m71.6 m100.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

68.7 m71 m72.9 m78.3 m83.7 m93.6 m98.4 m105.4 m105.6 m

Cost of goods sold

6.8 m6.4 m5.3 m4.8 m5.4 m5.8 m6.2 m6.5 m7.4 m

Gross profit

61.9 m64.6 m67.6 m73.4 m78.3 m87.8 m92.3 m98.9 m98.2 m

Gross profit Margin, %

90%91%93%94%94%94%94%94%93%

Sales and marketing expense

24.3 m25.7 m26.4 m28 m29.3 m33.1 m33.6 m36.5 m36.7 m

Operating expense total

24.3 m25.7 m26.4 m28 m29.3 m33.1 m33.6 m36.5 m36.7 m

Pre tax profit

27.6 m28.1 m28.9 m28.8 m35.9 m40.7 m41.6 m42 m

Income tax expense

9.6 m10 m10.4 m11.1 m10.9 m13.6 m15.4 m15.8 m18.5 m

Net Income

31.8 m49.4 m17.7 m35.5 m53.4 m22.3 m47.6 m73.4 m23.5 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

228.9 m192.7 m240.4 m217.3 m

Accounts Receivable

19.6 m20.1 m25.8 m24 m

PP&E

163.6 m159.4 m178.2 m189.9 m

Total Assets

7.4 b7.6 b9.6 b10.7 b

Accounts Payable

8.6 b

Total Debt

183.1 m180.1 m

Total Liabilities

9.6 b

Common Stock

46.2 m50.2 m66.2 m70.9 m

Preferred Stock

10 m

Additional Paid-in Capital

1.1 b1.1 b1.3 b1.3 b

Retained Earnings

(448.1 m)(387.6 m)(330.9 m)(251.9 m)

Total Equity

795.7 m739.6 m1 b1.1 b

Debt to Equity Ratio

0.2 x0.2 x

Debt to Assets Ratio

0 x0 x

Financial Leverage

9.3 x10.2 x9.5 x10 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

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

PP&E

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

Total Assets

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

Accounts Payable

6.8 b7.9 b8 b7.9 b8.4 b8.8 b

Common Stock

54.4 m63.2 m66.3 m69.9 m70.9 m71 m

Preferred Stock

10 m10 m10 m

Additional Paid-in Capital

1.1 b1.3 b1.3 b1.3 b1.3 b1.3 b

Retained Earnings

(358.3 m)(344.7 m)(313.6 m)(293.4 m)(273.3 m)(234.4 m)

Total Equity

827.2 m1 b1 b1.1 b1.1 b1.1 b

Financial Leverage

10 x9.3 x9.5 x9.4 x9.5 x9.7 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

273.1 m67.6 m71.6 m100.7 m

Depreciation and Amortization

26.4 m1.3 m2.4 m4.2 m

Accounts Payable

42.5 m110 k

Cash From Operating Activities

191.7 m101.9 m111.9 m138.7 m

Cash From Investing Activities

(482.8 m)(237.5 m)(400.4 m)(732.3 m)

Long-term Borrowings

(35 m)(35 m)(48.5 m)(48.5 m)

Cash From Financing Activities

268.9 m99.4 m336.2 m570.6 m

Interest Paid

26.1 m25.7 m21.6 m32.1 m

Income Taxes Paid

2.4 m3 m4.2 m3.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

31.8 m49.4 m17.7 m35.5 m53.4 m22.3 m47.6 m73.4 m23.5 m

Depreciation and Amortization

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

Cash From Operating Activities

39.9 m63 m27.5 m56.5 m102.6 m2.4 m30.3 m84.9 m62.6 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)

Cash From Investing Activities

47.7 m(161.4 m)(120.4 m)(230.3 m)(224.7 m)(195.5 m)(312.1 m)(249.1 m)(12.4 m)

Short-term Borrowings

18.6 m(51.7 m)(6.5 m)3.5 m(16.2 m)(16.6 m)(16.6 m)8.4 m(5 m)

Cash From Financing Activities

(76.5 m)85.5 m85.9 m186 m136.4 m135.6 m249.1 m150 m(36.6 m)

Interest Paid

13.6 m20.6 m6.3 m11 m16.6 m7.4 m13.2 m25.8 m8.1 m

Income Taxes Paid

2 m2.5 m1.8 m2.8 m3.5 m2 m2.6 m3.4 m680 k
USDY, 2017

Revenue/Employee

55.1 k

Financial Leverage

9.7 x

United Community Banks Market Value History

Traffic Overview of United Community Banks

United Community Banks Company Life and Culture

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