NYSE$UCB
United Community Banks Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Reported record net income and strong financial performance.
United Community Banks, Inc. reported a record net income of $73.7 million for the first quarter of 2021, with diluted earnings per share of $0.82. The quarter benefited from an allowance release of $12.3 million due to improving economic conditions.
- Net income for the first quarter reached a record $73.7 million.
- Diluted earnings per share were $0.82, a 105% increase from the first quarter a year ago.
- Total loans increased by $308 million during the quarter, including a $237 million increase in SBA Paycheck Protection Program (PPP) loans.
- Core transaction deposits grew by $948 million during the quarter, or 33% annualized.
Headline financials
Revenue & EPS history
United Community Banks · Revenue · Quarterly
$189M
Forward guidance
The company is excited about ongoing opportunities in its markets and looks forward to the rest of 2021.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
+0.0%
Avg return
Earnings day
+0.2%
Avg return
5 days after
+2.4%
Avg return
30 days after
44%
28 / 63 earnings
Positive
+7.4%
Q2 2014
Best reaction
-9.6%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -3.3% | -3.6% | -3.1% | |
| Q4 2025 | +2.8% | +4.2% | +6.4% | |
| Q3 2025 | -0.5% | -0.5% | +1.0% | |
| Q2 2025 | -0.0% | -1.0% | +2.7% | |
| Q1 2025 | +6.6% | +10.9% | +16.4% | |
| Q4 2024 | -1.5% | +0.8% | -4.1% | |
| Q3 2024 | -1.5% | -0.3% | +19.5% | |
| Q2 2024 | +4.2% | +2.9% | +1.6% | |
| Q1 2024 | -1.4% | -2.1% | -2.3% | |
| Q4 2023 | -2.0% | -0.3% | -10.4% | |
| Q3 2023 | -9.6% | -13.4% | -4.7% | |
| Q2 2023 | +2.5% | +1.5% | +0.9% | |
| Q1 2023 | -1.0% | -5.0% | -17.3% | |
| Q4 2022 | -8.8% | -9.1% | -5.7% | |
| Q3 2022 | -0.7% | -1.3% | +0.8% | |
| Q2 2022 | +3.6% | +3.1% | +16.1% | |
| Q1 2022 | +2.9% | +1.5% | -5.1% | |
| Q4 2021 | -6.2% | -10.1% | -4.3% | |
| Q3 2021 | +3.0% | +5.3% | +5.9% | |
| Q2 2021 | +0.3% | +0.1% | +2.4% | |
| Q1 2021 | -4.3% | -1.1% | +2.9% | |
| Q4 2020 | +0.0% | +0.8% | +2.3% | |
| Q3 2020 | +3.7% | +11.9% | +31.0% | |
| Q2 2020 | +6.3% | +5.7% | -0.1% | |
| Q1 2020 | -4.6% | -1.1% | -0.4% | |
| Q4 2019 | -3.7% | -4.8% | -2.7% | |
| Q3 2019 | +4.3% | +4.0% | +5.7% | |
| Q2 2019 | +4.5% | +5.0% | -4.0% | |
| Q1 2019 | +5.9% | +7.1% | +1.6% | |
| Q4 2018 | +5.1% | +6.6% | +18.7% | |
| Q3 2018 | -5.2% | -3.3% | +2.5% | |
| Q2 2018 | -2.5% | -3.3% | -1.4% | |
| Q1 2018 | -0.9% | -0.7% | +1.3% | |
| Q4 2017 | +0.1% | +2.8% | -0.2% | |
| Q3 2017 | +2.3% | +0.4% | -1.8% | |
| Q2 2017 | -2.2% | -3.8% | -8.7% | |
| Q1 2017 | +1.4% | -0.5% | -4.6% | |
| Q4 2016 | +1.8% | -2.0% | +3.0% | |
| Q3 2016 | +0.0% | +1.2% | +27.1% | |
| Q2 2016 | +1.5% | -0.3% | +6.9% | |
| Q1 2016 | -0.7% | — | — | |
| Q4 2015 | -1.6% | — | — | |
| Q3 2015 | -0.2% | — | — | |
| Q2 2015 | -1.7% | — | — | |
| Q1 2015 | -0.2% | — | — | |
| Q4 2014 | +5.9% | — | — | |
| Q3 2014 | +3.5% | — | — | |
| Q2 2014 | +7.4% | — | — | |
| Q1 2014 | -5.0% | — | — | |
| Q4 2013 | -3.9% | — | — | |
| Q3 2013 | +2.7% | — | — | |
| Q2 2013 | +2.2% | — | — | |
| Q1 2013 | -2.6% | — | — | |
| Q4 2012 | +0.7% | — | — | |
| Q3 2012 | -5.2% | — | — | |
| Q2 2012 | +5.3% | — | — | |
| Q1 2012 | +0.0% | — | — | |
| Q4 2011 | +1.9% | — | — | |
| Q3 2010 | -5.0% | — | — | |
| Q3 2011 | -5.0% | — | — | |
| Q2 2011 | -0.3% | — | — | |
| Q2 2010 | -0.3% | — | — | |
| Q4 2010 | -0.3% | — | — |
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