UCBI - United Community Banks Still Following A Tested Formula

• UCBI continued to see pressure on spread margin in Q4'21, but loan demand is recovering, and the bank has two recent M&A transactions in attractive markets to leverage.
• M&A is going to remain a part of UCBI's growth strategy for the foreseeable future, but there are opportunities to organically expand areas like ABL and SBA lending and gain share.
• UCBI shares look about 10% to 15% undervalued today, but this is a higher-risk business model, and the company operates in an attractive but increasingly competitive area of the country.

For further details see: