United Community Banks Q2 FY26 EPS rises 51% to $0.95; revenue increases 7% to $279.3 million

Reuters2026/07/21 11:29

By:Reuters

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United Community Banks posted Q2 net income of $115.6 million, up $36.9 million from a year earlier; diluted EPS rose to $0.95 from $0.63.
Total revenue climbed 7% to $279.3 million versus a year earlier, while net interest margin widened 18 basis points to 3.68%.
Provision for credit losses swung to a negative $29.8 million from an $11.8 million expense a year earlier, reflecting a $38.5 million reserve release tied to Navitas held-for-sale reclassification.
Loans held for investment fell 5% to $18.02 billion year over year, while customer deposits edged down 1% to $23.72 billion.
CEO Lynn Harton flagged $332 million in quarterly loan growth, citing a pending Navitas sale and the announced Peach State Bank acquisition.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. United Community Banks Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607210729PRIMZONEFULLFEED9765020) on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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United Community Banks Q2 FY26 EPS rises 51% to $0.95; revenue increases 7% to $279.3 million

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