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National Bankshares Inc

Financial Services US NKSH

36.13USD
0.83(2.35%)

Last update at 2026-06-09T16:04:00Z

Day Range

35.7536.37
LowHigh

52 Week Range

21.1236.09
LowHigh

Fundamentals

  • Previous Close 35.30
  • Market Cap175.99M
  • Volume5797
  • P/E Ratio13.21
  • Dividend Yield5.10%
  • Revenue TTM45.21M
  • Revenue Per Share TTM7.68
  • Gross Profit TTM 58.72M
  • Diluted EPS TTM2.26

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 31.76M 24.63M 19.15M 20.68M 18.71M
Minority interest - - - - -
Net income 25.93M 20.38M 16.08M 17.47M 16.15M
Selling general administrative 17.00M 16.17M 14.79M 15.46M 14.87M
Selling and marketing expenses - - - - -
Gross profit 56.39M 46.76M 42.28M 42.69M 42.02M
Reconciled depreciation 0.61M 0.64M 0.71M 0.74M 0.82M
Ebit 34.85M 24.63M 19.15M 20.68M 24.52M
Ebitda 35.45M 25.27M 19.86M 21.42M 24.57M
Depreciation and amortization 0.61M 0.64M 0.71M 0.74M 0.05M
Non operating income net other - - - - -
Operating income 34.85M 24.63M 19.15M 20.68M 23.76M
Other operating expenses 3.03M -25.68200M -26.96100M -25.88000M 22.15M
Interest expense 3.08M 3.10M 5.84M 7.38M 5.05M
Tax provision 5.83M 4.25M 3.08M 3.21M 2.56M
Interest income 50.11M 44.99M 44.01M 45.15M 43.22M
Net interest income 47.03M 41.89M 38.17M 37.77M 38.18M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 5.83M 4.25M 3.08M 3.21M 2.56M
Total revenue 59.43M 50.31M 46.12M 46.56M 45.91M
Total operating expenses -21.54700M -25.68200M -26.96100M -25.88000M -22.14800M
Cost of revenue 3.03M 3.55M 3.84M 3.87M 3.89M
Total other income expense net -3.08300M -3.09800M -5.83700M -7.38000M -5.04700M
Discontinued operations - - - - -
Net income from continuing ops 25.93M 20.38M 16.08M 17.47M 21.27M
Net income applicable to common shares 25.93M 20.38M 16.08M 17.47M 16.15M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 1659.58M 1677.55M 1702.17M 1519.67M 1321.84M
Intangible assets 5.85M - - - 5.85M
Earning assets - - - - 513.05M
Other current assets 100.57M -59.02600M 170.55M 271.41M 345.09M
Total liab 1519.06M 1554.86M 0.05M 0.06M 1138.11M
Total stockholder equity 140.52M 122.69M 191.75M 200.61M 183.73M
Deferred long term liab - - - - -
Other current liab 1318.68M -0.10600M -0.04800M -0.05600M -0.14400M
Common stock 7.40M 7.36M 7.58M 8.04M 8.11M
Capital stock 7.40M 7.36M 7.58M 8.04M 8.11M
Retained earnings 197.98M 199.09M 188.23M 189.55M 184.12M
Other liab - 10.59M 15.79M 19.85M 15.93M
Good will 5.85M 5.85M 5.85M 5.85M 5.85M
Other assets 0.00000M 270.20M 170.55M 271.40M 342.81M
Cash 86.60M 71.43M 138.79M 133.87M 87.17M
Cash and equivalents - - - - -
Total current liabilities 1319.03M 0.11M 0.05M 0.06M 0.14M
Current deferred revenue -1.41600M - - - -
Net debt -85.47600M -71.42900M -138.78900M -133.87200M -84.88500M
Short term debt 0.35M - - 10.50M -
Short long term debt - - - - -
Short long term debt total 1.13M - - - 2.29M
Other stockholder equity - -83.76600M -4.05800M 3.02M 0.49M
Property plant equipment - 11.03M 9.72M 12.03M 10.53M
Total current assets 100.57M 734.28M 829.97M 685.64M 526.72M
Long term investments 618.60M 656.85M 686.08M 546.74M 727.49M
Net tangible assets - 116.84M 185.90M 194.76M 177.88M
Short term investments 618.60M 656.85M 686.08M 546.74M 435.26M
Net receivables 6.31M 6.00M 5.10M 5.03M 4.29M
Long term debt - - - - -
Inventory -637.88100M 0.66M 0.96M 1.55M 1.61M
Accounts payable 1.42M 0.11M 0.05M 0.06M 0.14M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -64.86600M -83.76600M -4.05800M 3.02M -8.50600M
Additional paid in capital - - - - -
Common stock total equity - 7.36M 7.58M 8.04M 8.11M
Preferred stock total equity - - - - -
Retained earnings total equity - 199.09M 188.23M - 184.12M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 1445.13M -673.07100M -701.65000M -562.62500M -452.30700M
Deferred long term asset charges - - - - -
Non current assets total 1559.01M 673.07M 701.65M 562.62M 452.31M
Capital lease obligations - - - - 2.29M
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -108.85400M -217.44600M -177.60400M -34.00700M 32.84M
Change to liabilities 2.08M -0.52300M 0.00000M 2.52M 0.43M
Total cashflows from investing activities -129.71000M -202.54500M -177.60400M -61.67800M -3.60800M
Net borrowings - - - - -
Total cash from financing activities 32.85M 175.28M 166.67M 40.25M -16.21100M
Change to operating activities 2.06M 1.14M -0.01700M 1.18M 3.33M
Net income 25.93M 20.38M 16.08M 17.47M 16.15M
Change in cash -67.36000M -4.37900M 2.86M -2.59200M -0.04400M
Begin period cash flow 138.79M 13.15M 10.29M 12.88M 12.93M
End period cash flow 71.43M 8.77M 13.15M 10.29M 12.88M
Total cash from operating activities 29.50M 22.88M 13.79M 18.83M 19.77M
Issuance of capital stock - - - - -
Depreciation 0.61M 0.64M 0.71M 0.74M 0.82M
Other cashflows from investing activities -19.59800M 15.22M -0.02900M -26.63900M -35.26000M
Dividends paid -8.95000M -8.80600M -9.00000M -9.03200M 8.42M
Change to inventory - - - - -
Change to account receivables -0.89700M -0.07600M -0.74300M 0.88M 0.14M
Sale purchase of stock -6.33800M -13.35400M -1.72200M -18.52500M -
Other cashflows from financing activities 48.14M 197.44M 177.39M 67.81M -7.79200M
Change to netincome 0.24M -0.91100M -2.23200M -1.64900M -1.19300M
Capital expenditures 1.26M 0.32M 1.82M 1.03M 1.19M
Change receivables -0.89700M -0.07600M - 0.88M 0.14M
Cash flows other operating 0.27M 1.69M - -1.33100M 3.38M
Exchange rate changes - - - - -
Cash and cash equivalents changes -67.36000M -4.37900M - -2.59200M -0.04400M
Change in working capital 1.16M 1.06M -0.76000M 2.06M 3.45M
Stock based compensation - 0.92M 2.66M -0.52000M -0.23900M
Other non cash items 1.91M -0.27000M -5.17400M -1.43700M -0.02500M
Free cash flow 28.24M 22.56M 11.97M 17.80M 18.58M

Peer Comparison

Sector: Financial Services Industry: Banks - Regional

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x)
NKSH
National Bankshares Inc
0.83 2.35% 36.13 13.21 15.36 3.57 1.26
HDB
HDFC Bank Limited ADR
0.24 1.04% 23.25 20.81 20.96 0.11 4.77
CIHKY
China Merchants Bank Co Ltd
-0.24 0.78% 30.47 7.78 7.65 0.56 0.90 3.62
DBSDF
DBS Group Holdings Ltd
0.16 0.32% 50.61 15.29 14.41 5.84 2.36 10.40
CIHHF
China Merchants Bank Co Ltd Class H
- -% 5.92 6.10 5.67 0.44 0.77 3.43

Reports Covered

Stock Research & News

Profile

National Bankshares, Inc. operates as the bank holding company for the National Bank of Blacksburg that provides retail and commercial banking products and services to individuals, businesses, non-profits, and local governments. The company accepts interest-bearing and non-interest-bearing demand deposit accounts, money market deposit accounts, savings accounts, certificates of deposit, health savings accounts, and individual retirement accounts. Its loan products include commercial and agricultural, commercial real estate, residential real estate, home equity, and various consumer loan products, as well as loans for the construction of commercial and residential properties. The company also provides business and consumer debit and credit cards; letters of credit, night depository services, safe deposit boxes, utility payment services, and automatic funds transfer; wealth management, trust, and estate services; non-deposit investment and insurance products; and telephone, mobile, and Internet banking services. The company was founded in 1891 and is headquartered in Blacksburg, Virginia.

National Bankshares Inc

101 Hubbard Street, Blacksburg, VA, United States, 24062-9002

Key Executives

Name Title Year Born
Mr. F. Brad Denardo Chairman, Pres & CEO 1953
Ms. Lara E. Ramsey Exec. VP & COO 1969
Mr. David K. Skeens Sr. VP and Sr. Operations, Risk & Technology Officer 1967
Mr. Paul M. Mylum Exec. VP & Chief Lending Officer of The National Bank of Blacksburg 1967
Ms. Lora M. Jones Sr. VP & CFO NA
Ms. Shelby Evans VP of Compliance NA
Mr. Patrick Lamm Sr. VP of Credit Admin. NA
Mr. Joseph W. Beury Sr. VP & Trust Officer NA
Mr. Joseph W. Beury Senior VP & Trust Officer NA
Mr. F. Brad Denardo Chairman, President & CEO 1953

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