NASDAQ$NKSH

National Bankshares Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported solid growth in net income, loans, and fee income for the second quarter of 2022.

National Bankshares, Inc. reported a net income of $10.46 million for the six months ended June 30, 2022, which translates to $1.74 per common share. The company's total assets reached $1.73 billion by the end of the first half of the year. Key investments were made, including opening a new Loan Production Office and adding Zelle® payment services to the digital banking platform.

  • Net income increased compared to the same period last year.
  • Total assets grew to $1.73 billion.
  • A new Loan Production Office was opened in Charlottesville.
  • Zelle® payment services were added to the digital banking platform.

Headline financials

Total Revenue

$13.4M

Previous: $12M+11.5%
EPS (adj)

$0.93

Previous: $0.74+25.7%
Efficiency Ratio

49.4%

Previous: 53.3%-7.2%
Net Interest Margin

2.7%

Previous: 2.8%-3.6%
Return on Avg Assets

1.2%

Previous: 1.2%+3.4%
Return on Avg Equity

12.4%

Previous: 9.6%+29.3%
Free Cash Flow

$5.57M

Previous: $4.61M+20.8%
Net Income

$5.57M

Previous: $4.61M+20.8%
Operating Income

$11.7M

Previous: $10.2M+14.9%
Gross Profit

$13.4M

Previous: $12M+11.5%
Cash & Equivalents

$11.8M

Previous: $13.8M-14.6%
Total Assets

$1.73B

Previous: $1.66B+4.2%

Revenue & EPS history

National Bankshares · Revenue · Quarterly

$13.4M

Q2 2022+11.5%vs Q2 2021
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Forward guidance

This document does not contain forward guidance. Therefore, no data could be extracted.

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

Historical avgQ2 2022

-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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