Company Information

  

Address: P O BOX 398, 59 HIGHWAY 515  
City: BLAIRSVILLE 
State: GA 
Zip Code: 30512 
Telephone: 581-807-3041 

Description of Business

Primary SIC Code: 6022
(As filed with the SEC)  

United Community Banks, Inc. ("United"), a bank holding company registered under the Bank Holding Company Act of 1956, as amended (the "BHC Act"), was incorporated under the laws of Georgia in 1987 and commenced operations in 1988 by acquiring 100% of the outstanding shares of Union County Bank, Blairsville, Georgia, now known as United Community Bank, Blairsville, Georgia (the "Bank"). Since the early 1990s, United has actively expanded its market coverage through organic growth complemented by selective acquisitions, primarily of banks whose managements share United's community banking and customer service philosophies. Although those acquisitions have directly contributed to United's growth, their contribution has primarily been to provide United access to new markets with attractive organic growth potential.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20181.060.12029.86
12/20170.920.10030.59
09/20171.480.10019.28
06/20171.460.09019.04
03/20171.420.09019.50
12/20161.400.08021.16
09/20161.270.08016.55
06/20161.180.07015.50

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.04Total Liab/Total Assets0.89
Net Inc/Total Assets0.01Total Liab/Inv Cap0.93
Net Inc/Inv Cap0.01Total Liab/Comm Equity6.94
Pretax Inc/Net Sales0.36Interest Coverage Ratio11.37
Net Inc/Net Sales0.14Curr Debt/Equity0.43
Cash Flow/Net Sales0.44LTD/Equity0.02
SG&A/NetSales0.52Total Debt/Equity0.45
Asset Utilization   Liquidity  
Net Receivables Turnover15.81Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E2.29  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 137.69 128.69 119.41 116.85
Cost of Goods Sold 6.29 5.85 4.56 3.60
Selling & Admin Exps 69.52 67.28 61.29 60.50
Operating Income NA NA NA NA
Interest Exp 5.71 3.40 4.51 4.42
Pretax Income 48.41 42.35 43.67 44.80
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 37.66 -11.92 27.95 28.27

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 3,083.38 3,251.22 3,094.06 3,019.78
Receivables - Total 31.35 32.46 29.57 26.94
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 208.24 208.85 193.92 189.61
Total Assets 12,264.26 11,915.46 11,129.03 10,837.41
Liabilities        
Accounts Payable 120.30 103.86 111.88 100.35
Debt in Current Liabilities 434.57 554.65 510.49 669.07
Total Current Liabilities NA NA NA NA
Long-Term Debt 33.24 25.38 22.93 24.26
Total Liabilities 10,907.50 10,612.13 9,908.39 9,704.77
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 79.12 77.58 73.40 70.98
Retained Earnings -181.88 -209.90 -192.13 -212.61
Treasury Stock NA NA NA NA
Total Stockholders' Equity 1,356.76 1,303.33 1,220.64 1,132.64
Total Liabilities and Stockholders' Equity 12,264.26 11,915.46 11,129.03 10,837.41

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 72.49 60.93 49.44 35.02
Net Cash Provided by Investing Activities 37.02 -45.31 122.42 -110.24
Net Cash Provided by Financing Activities -71.53 51.81 -158.21 77.43

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013302.44273.144.44
12/2014303.9967.621.11
12/2015351.0671.581.09
12/2016428.72100.661.40
12/2017477.9867.820.92
Growth Rates12.12-29.41-32.53

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1824370,30288.85




Report Date : 7/9/2018

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