Filing Flows › United Community Banks (UCB) › Q2 2026
United Community Banks (UCB) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
United Community Banks (UCB) reported revenue of $279M for the second quarter 2026 (Q2 2026), +7% from a year earlier and +1% from the quarter before. Operating margin was 53.4%, net earnings $116M (41.4% of revenue).
United Community Banks, Q2 2026: revenue $279M (+7% year over year), operating margin 53.4%, net earnings $116M, operating cash flow $131M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $279M | +1% | +7% |
| Operating profit | $149M | +38% | +48% |
| Net earnings | $116M | +37% | +47% |
| Operating cash flow | $131M | +89% | +35% |
| Free cash flow | $121M | +95% | +43% |
What changed
Revenue was $279.3M in Q2 2026, up 7% year over year and up 1% from the previous quarter.
Operating profit was $149.2M, a 53.4% margin (up 14.8 points year over year). Of the extra revenue versus Q2 2025, 256% reached operating profit, above the 39% margin then. Total costs fell 19% while revenue rose 7%. Net earnings were $115.6M, up 47% year over year. The effective tax rate was 22.5%.
Operating cash flow was $130.6M (up 35% year over year), 113% of net earnings. Non-cash charges added back $19.1M of depreciation and amortization and $3.7M of share-based compensation. Working capital and other items used $7.8M. Capital expenditures of $9.2M left free cash flow of $121.4M.
Questions
What was United Community Banks' revenue in the second quarter 2026?
United Community Banks (UCB) reported revenue of $279M for the second quarter 2026 (Q2 2026), +7% from a year earlier and +1% from the quarter before.
Was United Community Banks profitable in the second quarter 2026?
Operating profit was $149M (53.4% of revenue) and net earnings $116M.