United Community Banks reports Q2 2026 EPS of $0.95, up 51% YoY on Navitas provision release

Filed July 21, 2026 · Period ending July 21, 2026 · ~2 min read

Key Changes

• high

  GAAP EPS of $0.95 rose 51% year-over-year, driven by a $38.5M pre-tax provision release from reclassifying Navitas equipment finance loans to held-for-sale ahead of the expected Q3 2026 sale; operating EPS of $0.71 increased 8%.

  Exhibit 99.1 view on EDGAR →
• high

  Net interest margin expanded to 3.68%, up 18 basis points year-over-year and 3 basis points sequentially, marking the sixth consecutive quarter of margin expansion on lower funding costs and improved asset mix.

  Exhibit 99.1 view on EDGAR →
• high

  Loan growth of $332M or 6.8% annualized in Q2 2026 ($379M or 8.0% annualized excluding Navitas); regulatory approval received for Peach State Bancshares acquisition, on track to close in Q3 2026 with ~3% EPS accretion expected in 2027.

  Exhibit 99.2 view on EDGAR →