UCBI stock icon

United Community Banks
UCBI

$29.60
1.96%

Market Cap: 3.53B

 

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: 3,071

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 4 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

736% more call options, than puts

Call options by funds: $1.47M | Put options by funds: $176K

50% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 26

5% more funds holding

Funds holding: 251 [Q4 2023] → 264 (+13) [Q1 2024]

1.66% less ownership

Funds ownership: 82.33% [Q4 2023] → 80.67% (-1.66%) [Q1 2024]

12% less capital invested

Capital invested by funds: $2.87B [Q4 2023] → $2.53B (-$343M) [Q1 2024]

26% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 99

100% less funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 0 (-1) [Q1 2024]

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$26
12%
downside
Avg. target
$28
5%
downside
High target
$30
1%
upside

4 analyst ratings

positive
0%
neutral
100%
negative
0%
Truist Securities
Brandon King
12%downside
$26
Hold
Maintained
8 Jul 2024
Piper Sandler
Stephen Scouten
5%downside
$28
Neutral
Maintained
25 Apr 2024
Truist Securities
Brandon King
5%downside
$28
Hold
Maintained
1 Apr 2024
Piper Sandler
Stephen Scouten
1%upside
$30
Neutral
Maintained
25 Jan 2024

Financial journalist opinion