All regulatory approvals are in hand and the deal is on track to close August 3. With the election deadline only 10 days away, Peach State shareholders should submit election forms promptly. For UCB holders, the deal is accretive in a manageable size (Peach State assets ~2.8% of UCB assets), and the share count impact is modest. Monitor for any proration outcome that shifts the final cash/stock mix.
Price Chart
Executive Summary
United Community Banks (UCB) provided an election deadline and expected closing date for its acquisition of Peach State Bancshares. Peach State shareholders can elect $31.75 cash or 0.8978 UCB shares per share, subject to a 50/50 cash/stock proration. All required regulatory approvals have been received, and the deal is expected to close on August 3, 2026, subject to shareholder approval.
Key Facts
- Election deadline for Peach State shareholders is July 20, 2026 at 5:00 p.m. ET.
- Merger consideration: $31.75 cash or 0.8978 shares of UCB common stock per Peach State share, subject to 50/50 proration.
- All required regulatory approvals have been received.
- Closing expected on August 3, 2026, subject to remaining conditions including Peach State shareholder approval.
- Peach State had $788 million in assets as of March 31, 2026; UCB had $28.2 billion in assets and 200 offices.
- UCB is acquiring two branches in Hall County, Georgia, expanding its footprint in that market.
Financial Impact
The deal consideration values Peach State at approximately $31.75 per share in cash or equivalent stock value. Peach State had $788M in assets as of March 31, 2026. This is a bolt-on acquisition that modestly expands UCB's Georgia presence.
Risk Factors
- Peach State shareholder approval is still required; failure to approve would scuttle the deal.
- Any delay in closing conditions could push the August 3 target date.
- Interest rate or credit quality changes at Peach State between signing and closing could affect deal value.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3325540 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 8, 2026 24d ago | 8-K | $35.29 $35.38 | ▲ +0.26% | ▲ +0.92% | $33.99 (−3.67%) |
Aug 19, 2026 6w ago | 8-K | $35.75 $35.22 | ▼ −1.48% | ▼ −1.09% | $33.99 (−4.91%) |
Aug 3, 2026 8w ago | 8-K | $35.83 $35.40 | ▼ −1.20% | ▼ −3.23% | $33.99 (−5.12%) |
Jul 28, 2026 9w ago | Insider Cluster | $35.68 $35.83 | ▲ +0.42% | ▼ −1.85% | $33.99 (−4.72%) |
Jul 28, 2026 9w ago | Insider Cluster | $35.68 $35.83 | ▲ +0.42% | ▼ −1.85% | $33.99 (−4.72%) |
Jul 28, 2026 9w ago | Insider Cluster | $35.68 $35.83 | ▼ −0.42% | ▲ +1.85% | $33.99 (+4.72%) |
Jul 21, 2026 10w ago | 8-K | $35.35 $35.17 | ▼ −0.51% | ▲ +0.72% | $33.99 (−3.83%) |
Jul 21, 2026 10w ago | Press Release | $35.35 $35.17 | ▼ −0.51% | ▲ +0.72% | $33.99 (−3.83%) |
Jul 17, 2026 11w ago | 425 | $36.45 $34.89 | ▼ −4.28% | ▼ −3.59% | $33.99 (−6.74%) |
Jul 10, 2026 12w ago | 425 | $35.55 $37.09 | ▲ +4.33% | ▲ +4.89% | $33.99 (−4.37%) |
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