Shareholders of United Community Banks (NYSE:UCB) held their 2026 annual meeting, electing directors, approving executive compensation, and ratifying the independent auditor.
The meeting took place on May 13. Of 119,684,031 outstanding shares, 106,268,386 were represented. According to Bond.az data, the company has raised its dividend for 12 consecutive years with a current yield of 3.06%.
Under the first proposal, all 12 director nominees were elected to serve until 2027. Votes ranged from 90,022,278 to 97,450,714 in favor.
The second proposal, advisory vote on executive compensation, passed with 93,772,437 votes for.
The third proposal, ratification of PricewaterhouseCoopers LLP as auditor, was approved with 104,796,700 votes.
In other news, United Community Banks reported Q1 EPS of $0.70 on revenue of $276.5 million. The company's acquisition of Candid Therapeutics for $2.2 billion is pending regulatory approval.
