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United Community Banks merges with Peach State Bancshares

PUBLIC · UCBAug 10, 2026•about 2 hours ago

Acquiring Company

United Community Banks

Acquired Company

Peach State Bancshares

Greenville

GainesvilleFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBanking

Description

United Community Banks has completed its merger with Peach State Bancshares, which may bolster future earnings and cash flow for the bank. The integration of operations will be crucial to realize the expected benefits of this merger. With the merger finalized, UCB looks to enhance its position in the regional banking sector. The overall sentiment among investors remains cautious as the bank navigates the integration process.

Company Information

Company

United Community Banks

Location

Greenville, South Carolina, United States

About

United Community Banks, Inc. (NASDAQ: UCBI) is the financial holding company for United Community, a top 100 US financial institution that is committed to improving the financial health and well-being of its customers and ultimately the communities it serves. United Community provides a full range of banking, wealth management, and mortgage services. As of September 30, 2023, United Community has $26.9 billion in assets and 205 offices across Alabama, Florida, Georgia, North Carolina, South Carolina, and Tennessee, as well as a national SBA lending franchise and a national equipment financing subsidiary. United Community has been recognized nationally as a leader in customer service, financial performance, and workplace environment. Among the accolades, United Community is a nine-time winner of the J.D. Power award that ranked the bank #1 in customer satisfaction with consumer banking in the Southeast and was recognized in 2023 by Forbes as one of the World's Best Banks and one of America's Best Banks. United Community was also recognized by Newsweek in 2023 as one of the Most Trusted Companies in America, is a multi-award recipient of the Greenwich Excellence Awards and was named by American Banker as one of the "Best Banks to Work For" in 2023 for the seventh consecutive year. Additional information about United Community can be found at ucbi.com. SOURCE United Community Bank

Predictive Intelligence

Strategic

ML-powered predictions for United Community Banks's next move

Learn about Strategic plan

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Peach State Bancshares?

Peach State Bancshares was acquired by United Community Banks, based in Greenville. The deal was reported on August 10, 2026. United Community Banks, Inc. United Community Banks is publicly traded (UCB) and operates in Financial Services.

When did United Community Banks acquire Peach State Bancshares?

United Community Banks's acquisition of Peach State Bancshares was reported on August 10, 2026. United Community Banks has completed its merger with Peach State Bancshares, which may bolster future earnings and cash flow for the bank. The integration of operations will be crucial to realize the expected benefits of this merger. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Peach State Bancshares do?

Peach State Bancshares, Inc. is the parent company of Peach State Bank & Trust. Founded in 2005, the bank is known for its commitment to customer service and community support. It is privately held, operating in Financial Services, and is based in Gainesville.