UCBI Files 8-K for Q4/FY 2023 Results & Investor Presentation

Ticker: UCB · Form: 8-K · Filed: Jan 24, 2024 · CIK: 857855

Complexity: simple

Sentiment: neutral

Topics: earnings, financial-results, 8-K, investor-presentation

TL;DR

**UCBI just dropped its Q4/FY 2023 earnings, time to check the numbers!**

AI Summary

UNITED COMMUNITY BANKS, INC. (UCBI) filed an 8-K on January 24, 2024, to announce its financial results for the fourth quarter and full year ended December 31, 2023. The filing also included information about a related investor presentation. This matters to investors because it provides crucial, up-to-date financial performance data, allowing them to assess the company's health and make informed decisions about buying, holding, or selling UCBI stock.

Why It Matters

This filing provides investors with the latest financial performance data, which is essential for evaluating the company's operational health and future prospects.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial results and does not indicate any immediate new risks, but rather provides data to assess existing financial risks.

Analyst Insight

A smart investor would review the full financial statements and investor presentation referenced in this 8-K to understand the detailed performance metrics and management's outlook before making any investment decisions.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

What is the primary purpose of this 8-K filing by UNITED COMMUNITY BANKS, INC.?

The primary purpose of this 8-K filing, dated January 24, 2024, is to report the company's results of operations and financial condition, specifically for the fourth quarter and full year ended December 31, 2023, and to include a Regulation FD Disclosure regarding an investor presentation.

What is the trading symbol and the exchange where UNITED COMMUNITY BANKS, INC.'s common stock is registered?

The trading symbol for UNITED COMMUNITY BANKS, INC.'s common stock is UCBI, and it is registered on the Nasdaq Global Select Market.

What is the par value of UNITED COMMUNITY BANKS, INC.'s common stock?

The common stock of UNITED COMMUNITY BANKS, INC. has a par value of $1 per share.

What is the state of incorporation for UNITED COMMUNITY BANKS, INC.?

UNITED COMMUNITY BANKS, INC. is incorporated in Georgia.

What is the earliest event reported date in this 8-K filing?

The earliest event reported date in this 8-K filing is January 24, 2024.

Filing Stats: 709 words · 3 min read · ~2 pages · Grade level 9.9 · Accepted 2024-01-24 07:45:55

Key Financial Figures

Filing Documents

02

Item 2.02 Results of Operations and Financial Condition. On January 24, 2024, United Community Banks, Inc. ("United") issued a press release announcing financial results for its fourth fiscal quarter of 2023. The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information furnished pursuant to this Item 2.02, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities under Section 18 of the Exchange Act and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.

01

Item 7.01 Regulation FD Disclosure. On January 24, 2024, United will hold an earnings conference call and webcast at 11:00 a.m. (Eastern Time) to discuss financial results for its fourth fiscal quarter of 2023. The press release referenced above in Item 2.02 contains information about how to access the conference call and webcast. A copy of the slide presentation to be used during the earnings call and webcast is furnished as Exhibit 99.2 to this Current Report on Form 8-K. The slide presentation also will be available on our website, www.ucbi.com , under the "Investor Relations – Events and Presentations" section. The information furnished pursuant to this Item 7.01, including Exhibit 99.2, shall not be deemed "filed" for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities under Section 18 of the Exchange Act and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits EXHIBIT INDEX Exhibit No. Description 99.1 United Community Banks, Inc. Press Release, dated January 24, 2024. 99.2 Slide presentation to be used during January 24, 2024 earnings call. 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. UNITED COMMUNITY BANKS, INC. By: / s / Jefferson L. Harralson Jefferson L. Harralson Executive Vice President and Chief Financial Officer Date: January 24, 2024

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