UNITED COMMUNITY BANKS Business Summary

United Community Banks Inc. (UCB) operates as a leading Southeast-focused financial holding company, primarily generating revenue through net interest income (NII), which accounts for approximately 75% of its total earnings. The company’s business model is diversified across commercial and retail banking, wealth management, and specialized lending segments, including SBA, equipment finance, and mortgage services. UCB leverages a relationship-driven strategy to capture market share in high-growth Sun Belt MSAs, monetizing its operations through loan interest, deposit service charges, and treasury management fees. As of early 2026, the bank maintains an asset base of approximately $28 billion, positioning it as a dominant regional player against direct competitors such as SouthState Corporation, Ameris Bancorp, and Pinnacle Financial Partners. While it competes with super-regionals like Truist Financial, UCB differentiates itself through localized decision-making and a high-touch service model that has earned it consistent industry accolades for customer satisfaction. Originally founded in 1950 in Blairsville, Georgia, the company is currently led by Chairman and CEO H. Lynn Harton, a banking veteran with over 30 years of experience who previously held executive roles at BB&T and Regions Financial. The leadership team includes EVP and CFO Jefferson Harralson, a former high-profile bank analyst at Keefe, Bruyette & Woods, and President and Chief Banking Officer Richard W. Bradshaw, who oversees the bank's commercial and SBA expansion. Technology and digital strategy are directed by Chief Information Officer Mark Terry, who brings over two decades of expertise in banking operations and IT infrastructure. The company is backed by a strong institutional investor base, with major holdings from BlackRock, Vanguard, and FMR LLC. Notable board members include Sally Pope Davis, a former Goldman Sachs analyst, and Lead Director Thomas A. Richlovsky, ensuring a high level of financial and strategic oversight as the firm continues its targeted M&A and digital transformation initiatives.