United Community Banks (United Community Banks) Total Assets : $27,297.3 Mil (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is United Community Banks Total Assets?

United Community Banks's Total Assets for the quarter that ended in Dec. 2023 was $27,297.3 Mil.

Warning Sign:

If a company builds assets at 20.3% a year, faster than its revenue growth rate of 3.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, United Community Banks's average Total Assets Growth Rate was 15.50% per year. During the past 3 years, the average Total Assets Growth Rate was 21.00% per year. During the past 5 years, the average Total Assets Growth Rate was 20.30% per year. During the past 10 years, the average Total Assets Growth Rate was 15.10% per year.

During the past 13 years, United Community Banks's highest 3-Year average Total Assets Growth Rate was 42.50%. The lowest was -17.20%. And the median was 13.90%.

Total Assets is connected with ROA %. United Community Banks's annualized ROA % for the quarter that ended in Dec. 2023 was 0.21%. Total Assets is also linked to Revenue through Asset Turnover. United Community Banks's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

United Community Banks Total Assets Historical Data

The historical data trend for United Community Banks's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

United Community Banks Total Assets Chart

United Community Banks Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

12,916.02

17,794.37

20,946.77

24,008.88

27,297.25

United Community Banks Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															25,871.85	26,120.20	26,869.21	27,297.25	27,364.89

United Community Banks Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

United Community Banks's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	3261.525	+	24035.726
	=	27,297.3

United Community Banks's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	3261.525	+	24035.726
	=	27,297.3

United Community Banks (NAS:UCBI) Total Assets Explanation

Total Assets is connected with ROA %.

United Community Banks's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	56.36	/	( (26869.207	+	27297.251)	/ 2 )
	=	56.36	/	27083.229
	=	0.21 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

United Community Banks's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	175.256	/	( (26869.207	+	27297.251)	/ 2 )
=	175.256	/	27083.229
=	0.01

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

United Community Banks Total Assets Related Terms

Thank you for viewing the detailed overview of United Community Banks's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

United Community Banks (United Community Banks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Community Banks Inc (NAS:UCBI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

UCBIO.PFD:USA

Address

125 Highway 515 East, Blairsville, GA, USA, 30512

Website

https://www.ucbi.com

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.

Executives

Abraham Cox	officer: CHIEF MARKETING OFFICER	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30512
Richard Bradshaw	officer: President, Specialized Lending	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30514
George B. Bell	director	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30512
Kenneth L Daniels	director	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30512
Holly N Berry	officer: Chief Human Resources Officer	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30514
H Lynn Harton	officer: Chief Operating Officer	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30512
Robert H Blalock	director	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30514
Jennifer M. Bazante	director	C/O UNITED COMMUNITY BANKS INC., PO BOX 398, BLAIRSVILLE GA 30514
Robert A. Edwards	officer: EVP, CHIEF CREDIT OFFICER	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30514
Jefferson L Harralson	officer: EVP, CFO	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30514
Alan H Kumler	officer: VP & Controller	C/O UNITED COMMUNITY BANKS INC, PO BOX 398, BLAIRSVILLE GA 30514
James P Clements	director	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30514
Thomas A Richlovsky	director	C/O UNITED COMMUNITY BANKS, INC., P.O. BOX 398, BLAIRSVILLE GA 30514
Melinda Davis Lux	officer: EVP, GENERAL COUNSEL	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30514
Mark Aaron Terry	officer: Chief Information Officer	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30514