NASDAQ$CARE
Carter Bankshares Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Announced second quarter financial results
Carter Bankshares, Inc. reported a solid second quarter with net income of $10.8 million, or $0.44 diluted earnings per share. The company saw positive trends in net interest income expansion, loan growth, and expense control. Loans grew by an annualized rate of 14.4% since March 31, 2022.
- Net interest income increased $4.2 million, or 15.0%, to $32.5 million compared to the first quarter of 2022.
- Net interest margin increased 36 basis points to 3.27% compared to the first quarter of 2022.
- Total portfolio loans increased $103.9 million, or 14.4% on an annualized basis, to $3.0 billion at June 30, 2022 compared to March 31, 2022.
- Total deposits increased $25.1 million, or 2.7% on an annualized basis, to $3.8 billion at June 30, 2022 compared to March 31, 2022.
Headline financials
Revenue & EPS history
Carter Bankshares · Revenue · Quarterly
$38.1M
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 Q2 2022
+0.0%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+4.3%
Avg return
30 days after
45%
25 / 56 earnings
Positive
+8.8%
Q1 2017
Best reaction
-14.0%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.1% | +1.8% | +12.5% | |
| Q4 2025 | +2.7% | +10.1% | +4.6% | |
| Q3 2025 | -6.3% | -5.1% | -6.9% | |
| Q1 2025 | +1.4% | +0.6% | +6.8% | |
| Q4 2024 | +1.4% | +0.9% | -1.9% | |
| Q3 2024 | -2.0% | -0.6% | +0.3% | |
| Q2 2024 | +0.5% | -2.9% | +2.6% | |
| Q1 2024 | +4.9% | +5.5% | +12.0% | |
| Q4 2023 | +4.5% | +5.2% | -5.4% | |
| Q3 2023 | +3.1% | +5.8% | +19.0% | |
| Q2 2023 | -9.4% | -10.7% | -15.5% | |
| Q1 2023 | +0.9% | +0.1% | +12.3% | |
| Q4 2022 | -0.2% | +3.0% | +7.2% | |
| Q3 2022 | +4.4% | +6.6% | +7.8% | |
| Q2 2022 | +0.1% | +5.2% | +22.3% | |
| Q1 2022 | -2.9% | -4.6% | -12.8% | |
| Q1 2019 | +3.5% | +3.1% | +9.0% | |
| Q2 2019 | +3.5% | +3.1% | +9.0% | |
| Q4 2021 | -0.4% | -1.2% | +7.8% | |
| Q3 2021 | +2.1% | +7.6% | -0.5% | |
| Q2 2021 | +5.2% | +4.5% | +12.8% | |
| Q1 2021 | -1.9% | +0.0% | +18.0% | |
| Q4 2020 | -3.0% | +0.3% | +14.6% | |
| Q3 2020 | +1.0% | +8.4% | +43.8% | |
| Q2 2020 | -1.6% | -3.7% | -3.7% | |
| Q1 2020 | -14.0% | -23.8% | -31.4% | |
| Q4 2019 | -1.0% | -2.4% | -13.9% | |
| Q3 2019 | -0.3% | +0.2% | +3.9% | |
| Q4 2018 | +3.4% | +3.7% | +13.6% | |
| Q3 2018 | +0.0% | -1.5% | -10.6% | |
| Q2 2018 | +1.9% | +0.8% | +1.0% | |
| Q1 2018 | -0.3% | -0.3% | +2.8% | |
| Q4 2017 | -1.7% | -1.4% | +0.3% | |
| Q3 2017 | -0.9% | -0.3% | -3.5% | |
| Q2 2017 | -0.1% | -0.1% | +2.3% | |
| Q1 2017 | +8.8% | +8.1% | +10.1% | |
| Q4 2016 | -0.7% | -0.3% | +17.4% | |
| Q3 2016 | +1.0% | +0.6% | -7.5% | |
| Q2 2016 | -0.6% | -0.6% | +9.1% | |
| Q1 2016 | -2.2% | — | — | |
| Q4 2015 | -1.1% | — | — | |
| Q3 2015 | +1.0% | — | — | |
| Q2 2015 | +2.4% | — | — | |
| Q1 2015 | -1.4% | — | — | |
| Q4 2014 | -0.6% | — | — | |
| Q3 2014 | +0.3% | — | — | |
| Q2 2014 | -1.7% | — | — | |
| Q1 2014 | -0.8% | — | — | |
| Q4 2013 | +0.7% | — | — | |
| Q3 2013 | +0.0% | — | — | |
| Q2 2013 | -3.7% | — | — | |
| Q1 2013 | +0.0% | — | — | |
| Q4 2012 | +1.1% | — | — | |
| Q3 2012 | +0.0% | — | — | |
| Q2 2012 | +1.9% | — | — | |
| Q1 2012 | +0.0% | — | — |
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