United Community Banks, Inc. (UCB)

• Market cap: $3.77B
• 1 day: 1.77%
• 5 days: -4.16%
• 1 month: -2.74%
• 3 months: 6.97%
• 6 months: 12.50%
• Year to date: 12.50%
• 1 year: 12.50%
• 5 years: 12.50%
• 10 years: 12.50%
• Sector: Financials
• Industry: State Commercial Banks

About: United Community Banks Inc is a bank holding company that operates through its wholly-owned subsidiary, Union Community Bank. The bank has scores of offices throughout portions of Georgia, Tennessee, and the Carolinas. It has traditionally grown through the organic growth of existing offices and de novo locations, complemented by selective acquisitions. United conducts substantially all of its operations through a community-focused operating model of separate community banks. The community banks offer a full range of retail and corporate banking services, including checking, savings, and time deposit accounts, as well as secured and unsecured loans, wire transfers, brokerage services, and other financial services. The bank's loan portfolio is well-diversified but predominantly commercial.

Employees: 3,010

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

81.27% more ownership

Funds ownership: 0% [Q2] → 81.27% (+81.27%) [Q3]

39% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 33

12% more capital invested

Capital invested by funds: $2.51B [Q2] → $2.82B (+$304M) [Q3]

5% more funds holding

Funds holding: 259 [Q2] → 272 (+13) [Q3]

2% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 84

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $28 11% downside
• Avg. target: $29 8% downside
• High target: $30 5% downside

2 analyst ratings

• positive: 0 0%
• neutral: 2 100%
• negative: 0 0%

Piper Sandler Stephen Scouten 88% 1-year accuracy 21 / 24 met price target	11% downside $28	Neutral Maintained	25 Oct 2024
Truist Securities Brandon King 93% 1-year accuracy 51 / 55 met price target	5% downside $30	Hold Maintained	25 Oct 2024