NYSE$UCB
United Community Banks Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Reported net income of $52.0 million, with diluted earnings per share of $0.55. Return on assets was 0.96% and return on common equity was 9.3%.
United Community Banks, Inc. announced Q4 net income of $52.0 million and diluted earnings per share of $0.55. The results were impacted by lower levels of accretion from PPP loans. The company completed the acquisition of Aquesta Financial Holdings, Inc. and Aquesta Bank on October 1.
- Net income for the fourth quarter was $52.0 million.
- Pre-tax, pre-provision income was $65.6 million.
- Diluted earnings per share were $0.55.
- Annualized organic loan growth (excluding PPP and loans received through the Aquesta acquisition) was 7% and 17% annualized organic deposit growth.
Headline financials
Revenue & EPS history
United Community Banks · Revenue · Quarterly
$175M
Forward guidance
United Community Banks anticipates a great year in 2022, driven by strong business momentum and an engaged team of bankers.
Tailwinds
- Strong business momentum
- Outstanding team of engaged bankers
- Successful acquisition of Aquesta Financial Holdings, Inc.
- Expansion into high-growth markets
- Recognition as one of the best banks to work for
Headwinds
- Risk that cost savings and revenue synergies from acquisitions may not be realized
- Disruption of customer, supplier, employee or other business partner relationships as a result of acquisitions
- Possibility that costs related to the acquisition may be greater than anticipated
- Reputational risk and reaction of stakeholders to the acquisitions
- Risks relating to the integration of operations, including potential delays or higher costs
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 Q4 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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro