United Community Banks, Inc. (UCB) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to United Community Bank's first quarter 2026 earnings call. Hosting the call today are Chairman and Chief Executive Officer Lynn Hardin, Chief Financial Officer Jefferson Harrelson, President and Chief Banking Officer Rich Bradshaw, and Chief Risk Officer Rob Edwards. United's presentation today includes references to operating earnings, pre-tax, pre-credit earnings, and other non-GAAP financial information. For these non-GAAP financial measures, United has provided a reconciliation to the corresponding GAAP financial measure in the financial highlights section of the earnings release as well as at the end of the investor presentation. Both are included on the website at ucbi.com. Copies of the first quarter's earnings release and investor presentation were filed this morning on Form 8K with the SEC, and a replay of this call will be available in the investor relations section of the company's website at ucbi.com. Please be aware that during this call, forward-looking statements may be made by representatives of United. Any forward-looking statements should be considered in light of risks and uncertainties described on page 5 and 6 of the company's 2025 Form 10-K, as well as other information provided by the company in its filings with the SEC and included on its website. At this time, I will turn the call over to Lynn Hartin. Good morning, and thank you for joining our call today. We've got a lot to cover. I'm gonna start with our quarterly earnings update, and then we will close with the details of our acquisition of Peach State Bank, headquartered in Gainesville, Georgia. We had a great start to 2026. For the first quarter, we realized net income of a little over 84 million, translating into EPS of 69 cents. On an operating basis, our EPS...