NASDAQ$NKSH

National Bankshares Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

National Bankshares' earnings increased, driven by improved loan volume, growth in noninterest income, a reduction in the loan loss provision, and lower interest rates paid on deposits.

National Bankshares, Inc. reported net income of $9.38 million for the six months ended June 30, 2021, compared to $6.96 million for the same period in 2020. Total assets reached $1.66 billion.

  • Net income for the first half of 2021 was $9.38 million.
  • Total assets reached $1.66 billion.
  • The company repurchased 150,130 shares in the second quarter of 2021.
  • Nonperforming loans as a percentage of total loans were 0.47%.

Headline financials

Total Revenue

$12M

Previous: $10.9M+10.2%
EPS (adj)

$0.74

Previous: $0.46+60.9%
Efficiency Ratio

53.3%

Previous: 55.2%-3.6%
Net Interest Margin

2.8%

Previous: 3.0%-8.2%
Book Value Per Share

$30.99

Previous: $30.17+2.7%
Return on Avg Assets

1.2%

Previous: 1.0%+16.8%
Return on Avg Equity

9.6%

Previous: 7.2%+34.7%
Free Cash Flow

$4.61M

Previous: $2.98M+54.7%
Net Income

$4.61M

Previous: $2.98M+54.7%
Operating Income

$10.2M

Previous: $8.31M+22.3%
Gross Profit

$12M

Previous: $10.9M+10.2%
Cash & Equivalents

$13.8M

Previous: $13.3M+3.7%
Total Assets

$1.66B

Previous: $1.43B+15.8%

Revenue & EPS history

National Bankshares · Revenue · Quarterly

$12M

Q2 2021+10.2%vs Q2 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

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 2021

Historical avgQ2 2021

-0.6%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+2.0%

Avg return

30 days after

45%

30 / 66 earnings

Positive

+5.9%

Q3 2017

Best reaction

-12.0%

Q3 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.7%-2.3%-3.4%
Q4 2025+0.1%-0.0%+6.9%
Q3 2025-1.1%-0.8%+1.8%
Q2 2025-1.2%+2.1%+5.3%
Q1 2025+0.7%+0.2%-1.9%
Q4 2024-1.6%+0.6%-7.7%
Q3 2024-3.9%+1.0%+7.0%
Q2 2024+0.2%+1.9%+4.8%
Q1 2024+2.9%-1.8%-3.5%
Q4 2023-0.3%-1.0%-17.0%
Q3 2023+0.6%+2.6%+15.9%
Q2 2023-4.6%-6.9%-16.0%
Q1 2023-0.2%+1.4%+7.5%
Q4 2022+0.8%+5.3%+3.6%
Q3 2022-0.2%+3.1%+10.9%
Q2 2022+1.2%+2.8%+8.8%
Q1 2022-2.0%-4.0%-5.3%
Q4 2021+1.3%+1.4%+4.1%
Q3 2021-0.6%+1.4%+3.4%
Q2 2021+0.6%+0.4%+9.7%
Q1 2021+2.8%+3.3%+0.4%
Q4 2020+3.1%+2.0%+13.6%
Q3 2020+5.4%+9.7%+13.8%
Q2 2020+2.3%+7.9%-2.0%
Q1 2020+3.3%-2.8%+26.1%
Q4 2019-1.7%-2.1%-15.9%
Q3 2019+1.1%+0.6%+1.8%
Q2 2019-0.4%-5.1%-6.4%
Q1 2019-0.9%+1.7%-1.2%
Q4 2018+0.9%+7.7%+13.7%
Q3 2018-1.4%+1.4%-2.6%
Q2 2018-1.9%-0.1%-0.6%
Q1 2018+0.2%-0.5%+5.7%
Q4 2017+5.2%+10.1%+14.6%
Q3 2017+5.9%-1.1%-1.8%
Q2 2017-2.4%-2.4%-5.9%
Q1 2017-2.7%-5.7%-7.2%
Q4 2016-6.2%-5.7%-6.2%
Q3 2016-0.9%-1.9%+5.6%
Q2 2016-0.6%-2.8%+1.2%
Q1 2016-2.6%
Q4 2015-0.0%
Q3 2015-7.5%
Q2 2015-2.1%
Q1 2015-0.0%
Q4 2014-1.0%
Q3 2014+0.8%
Q2 2014-2.0%
Q1 2014-3.0%
Q4 2013+0.8%
Q3 2013+3.0%
Q2 2013-0.1%
Q1 2013+2.1%
Q4 2012-1.5%
Q3 2012-12.0%
Q2 2012+0.0%
Q1 2011-1.4%
Q1 2012+1.8%
Q4 2009+0.7%
Q4 2011+0.7%
Q4 2010+0.7%
Q3 2010-10.1%
Q3 2011-10.1%
Q2 2010+4.7%
Q2 2011+4.7%
Q1 2010-4.6%

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