United Community Banks, Inc. (NYSE: UCB) announced today its third‑quarter 2025 financial results, reporting net income of $91.5 million and diluted earnings per share of $0.70, up $0.07 from the second quarter and $0.32 from the same quarter a year ago. The bank’s pre‑tax, pre‑provision income reached $126.0 million, while operating diluted EPS rose to $0.75, a 32% year‑over‑year increase. Revenue grew 27% YoY, driven by solid loan and deposit expansion and a lower provision for credit losses, though higher operating expenses partially offset the gains.
The bank’s return on assets climbed to 1.29% (GAAP) and 1.33% on an operating basis, up from 0.67% and 1.01% in Q3 2024. Return on common equity stood at 9.2%, and return on tangible common equity reached 13.6%. Tangible book value per share increased by $0.59, an 11% annualized rate. Loans grew by $254 million (5.4% YoY) and customer deposits, excluding seasonal public‑fund outflows, rose $137 million (2.6% YoY). Non‑interest‑bearing deposits grew 4.7% YoY.
Net charge‑offs were $7.7 million, or 0.16% of average loans, down two basis points from the second quarter. Non‑performing assets represented 0.35% of total assets, slightly higher than 0.30% in Q2. The allowance for credit losses was 1.19% of loans, a modest decline from 1.21% at June 30. The bank also highlighted a 27% year‑over‑year revenue growth and a 32% increase in operating diluted EPS, underscoring its continued profitability and asset‑quality strength. A conference call to discuss the results will be held Wednesday, October 22 at 9:00 a.m. ET, with dial‑in and webcast options available.
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