UNITED COMMUNITY BANKS INC 8K

United Community Bank detailed the completed sale of its Navitas equipment finance business, a major securities portfolio repositioning, the closing of its Peach State acquisition, and an expanded share repurchase program as part of a broader strategy to de-risk its balance sheet and redeploy capital for growth.

United Community Bank, Inc. used this investor presentation (filed as an 8-K exhibit) to outline a set of capital allocation and balance sheet actions completed in the third quarter of 2026, including the September 1, 2026 sale of its Navitas equipment finance business for approximately $2.0 billion in cash, a September 2, 2026 restructuring of its securities portfolio involving reclassifying $2.2 billion of held-to-maturity securities to available-for-sale and selling $2.6 billion of low-yielding, long-duration securities at an approximate $300 million pre-tax loss (offset by an estimated $64 million pre-tax gain and prior ACL release related to Navitas), the August 1, 2026 completion of the acquisition of Peach State Bancshares, Inc. which is expected to add about $0.12 to 2027 EPS, and an expanded share repurchase program with $50 million of buybacks executed in Q3 2026 and total authorization of $113 million through 2027, all aimed at de-risking the balance sheet, strengthening capital and liquidity, and supporting future organic and inorganic growth.

Filing Facts

CIK

857855

Ticker

-

Form

8K

Source Type

sec

Accession

0001104659-26-105666

Alert Tier

8