KBRA Releases Surveillance Report for United Community Banks, Inc.

On May 30, 2024, KBRA affirmed the senior unsecured debt rating of BBB+, the subordinated debt rating of BBB, the preferred shares rating of BBB-, and the short-term debt rating of K2 for Blairsville, Georgia-based United Community Banks, Inc. (NASDAQ: UCBI). In addition, KBRA affirmed the deposit and senior unsecured debt ratings of A-, the subordinated debt rating of BBB+, and the short-term deposit and debt ratings of K2 for the bank subsidiary, United Community Bank. The Outlook for the long-term ratings was revised to Stable from Positive.

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