UNITED COMMUNITY BANKS INC (UCB) Form 8-K — Oct 20, 2026
United Community Banks reported a Q3 2026 GAAP net loss of $139.7 million, or $(1.16) per share, driven by a $366 million pre-tax loss on its investment portfolio restructuring, partially offset by a $62 million pre-tax gain on the $2.0 billion sale of its Navitas equipment finance business. On an operating basis, results were strong: operating EPS of $0.77 beat the prior quarter's $0.71, operating net income rose 8% to $93.7 million, and the net interest margin held steady at 3.68% after six quarters of expansion.
Key figures
- Revenue
- -11996000
- Cet1 ratio
- 13.0%
- Operating eps
- 0.77
- Loan production
- >$1 billion for second consecutive quarter
- Operating revenue
- 292000000
- Dividend per share
- 0.26
- Shares repurchased
- 1395000
- Net interest margin
- 3.68%
- Operating net income
- 93700000
- Repurchase amount q3
- 50000000
- Repurchase avg price
- 35.81
- Navitas sale proceeds
- 2000000000
- Net charge offs ratio
- 0.09%
- Navitas premium to par
- 7%
- Peach state loans added
- 520000000
- Navitas sale gain pretax
- 62230000
- Operating efficiency ratio
- 53.1%
- Peach state deposits added
- 678000000
- Core loan growth annualized
- 9.8%
- Provision for credit losses
- 10013000
- Q4 2026 operating eps guide
- $0.80-$0.83
- Tangible book value per share
- 20.8
- Core deposit growth annualized
- 8.0%
- Incremental repurchase authorization
- 100000000
- Outstanding repurchase authorization
- 113000000
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