NASDAQ$CARE
Carter Bankshares Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Announced fourth quarter and full year financial results.
Carter Bankshares, Inc. reported a net income of $5.6 million, or $0.21 diluted earnings per share, for the fourth quarter of 2021, compared to $2.9 million, or $0.11 diluted earnings per share, for the fourth quarter of 2020. The company's NPLs decreased and total deposits increased.
- Nonperforming loans decreased by $1.5 million, or 16.6%, to $7.4 million.
- Total deposits increased by $32.0 million, or 0.9%, to $3.7 billion.
- Net interest income decreased $1.4 million, or 4.6%, to $28.1 million compared to the third quarter of 2021.
- Net interest margin decreased 14 basis points to 2.82% compared to the third quarter of 2021.
Headline financials
Revenue & EPS history
Carter Bankshares · Revenue · Quarterly
$33.8M
Forward guidance
Carter Bankshares believes they are well positioned to meet the challenges that 2022 will bring.
Tailwinds
- Continued decline in problem assets.
- Credit quality metrics are at record lows.
- Better deposit mix.
- Continued reduction in cost of funds.
- Improved net interest margin.
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
+0.7%
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% | — | — |
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