United Community Banks (UCB) financial statements
United Community Banks reported revenue of $1.1B in fiscal 2025, up 43.2% a year over 9 years.
Net income was $328M.
Free cash flow was $356M, and the company returned $119M in dividends and $44M in net buybacks.
The diluted share count rose 69% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from United Community Banks's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $42M | $38M | $36M | $561M | $577M | $744M | $826M | $893M | $952M | $1.1B |
| Interest expense | $25M | $34M | $61M | $83M | $56M | $30M | $61M | $419M | — | — |
| Pre-tax income | $163M | $173M | $216M | $239M | $209M | $348M | $356M | $233M | $323M | $422M |
| Income tax | $62M | $105M | $50M | $53M | $45M | $78M | $79M | $45M | $71M | $94M |
| Net income | $101M | $68M | $166M | $186M | $164M | $270M | $277M | $188M | $252M | $328M |
| EPS (diluted) | $1.40 | $0.92 | $2.07 | $2.31 | $1.91 | $2.97 | $2.52 | $1.54 | $2.04 | $2.62 |
| Diluted shares | 72M | 73M | 80M | 80M | 83M | 88M | 107M | 118M | 120M | 121M |
| Net margin | 239.0% | 177.1% | 461.5% | 33.1% | 28.4% | 36.2% | 33.6% | 21.0% | 26.5% | 30.9% |
Balance sheet
Fiscal years, from United Community Banks's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $217M | $314M | $327M | $515M | $1.6B | $2.3B | $647M | $1.0B | $520M | $396M |
| Property, plant and equipment | $190M | $209M | $206M | $216M | $218M | $245M | $298M | $378M | $394M | $394M |
| Goodwill | $142M | $221M | $307M | $327M | $368M | $452M | $751M | $920M | $907M | $925M |
| Total assets | $10.7B | $11.9B | $12.6B | $12.9B | $17.8B | $20.9B | $24.0B | $27.3B | $27.7B | $28.0B |
| Long-term debt | -$5M | — | — | — | — | — | — | — | — | — |
| Total liabilities | $9.6B | $10.6B | $11.1B | $11.3B | $15.8B | $18.7B | $21.3B | $24.0B | $24.3B | $24.4B |
| Shareholders' equity | $1.1B | $1.3B | $1.5B | $1.6B | $2.0B | $2.2B | $2.7B | $3.3B | $3.4B | $3.6B |
| Net debt | -$222M | -$314M | -$327M | -$515M | -$1.6B | -$2.3B | -$647M | -$1.0B | -$520M | -$396M |
Cash flow
Fiscal years, from United Community Banks's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $140M | $208M | $270M | $154M | $159M | $359M | $607M | $294M | $350M | $384M |
| Capital spending | $17M | $22M | $18M | $21M | $18M | $26M | $43M | $72M | $47M | $28M |
| Free cash flow | $123M | $186M | $252M | $133M | $140M | $333M | $565M | $221M | $303M | $356M |
| Stock-based compensation | $4M | $6M | $6M | $9M | $8M | $7M | $9M | $9M | $11M | $11M |
| Dividends paid | $16M | $26M | $42M | $53M | $59M | $67M | $87M | $105M | $112M | $119M |
| Share buybacks (net) | -$14M | $0 | $0 | -$13M | -$21M | -$15M | $0 | $0 | $0 | -$44M |
| Net borrowing | -$22M | -$31M | $26M | — | $0 | $0 | $159M | -$348M | $195M | -$110M |
| Free cash flow margin | 291.0% | 485.1% | 701.1% | 23.7% | 24.3% | 44.7% | 68.3% | 24.8% | 31.8% | 33.5% |
| Dividends per share | $0.22 | $0.36 | $0.52 | $0.67 | $0.71 | $0.76 | $0.81 | $0.89 | $0.94 | $0.98 |
Questions
What was United Community Banks's revenue in 2025?
$1.1B in fiscal 2025, from its 10-K filing.
How much free cash flow does United Community Banks generate?
$356M in fiscal 2025 (operating cash flow minus capital spending).
From United Community Banks's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.