National Bankshares, Inc.
Description
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.
About
CEO
Mr. F. Brad Denardo
Employees
225
Instrument type
Common Stock
Sector
Financial Services
Industry
Banks - Regional
MIC code
XNCM
Address
101 Hubbard Street, Blacksburg, VA 24062-9002, United States
×
![Enlarged Chart]()
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Oct 23, 2025 | — | — | — | — |
| Jul 24, 2025 | — | — | — | — |
| Apr 24, 2025 | — | — | — | — |
| Jan 24, 2025 | 0.48 | 0.48 | 0.00 | 0.00% |
| Oct 25, 2024 | 0.38 | 0.42 | 0.04 | 10.53% |
Earnings estimate
|
Current Quarter
(Mar 2025)
|
Next Quarter
(Jun 2025)
|
Current Year
(Dec 2025)
|
Next Year
(Dec 2026)
|
|
|---|---|---|---|---|
| Number of analysts | 1 | 1 | 1 | 1 |
| Average estimate | 0.52 | 0.57 | 2.35 | 2.72 |
| Low estimate | 0.52 | 0.57 | 2.35 | 2.72 |
| High estimate | 0.52 | 0.57 | 2.35 | 2.72 |
| Last year EPS | 0.43 | — | 1.80 | 2.35 |
[stock_revenue_estimate]
Growth estimates
Current qtr (Mar 2025)
21.780%
Next qtr. (Jun 2025)
—
Current year (Dec 2025)
30.680%
Next year (Dec 2026)
15.740%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 46.64M | 59.43M | 50.32M | 46.12M | 46.56M |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 18.07M | 17.00M | 16.17M | 14.87M | 15.09M |
| Other operating expenses | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | — | — | — | — | — |
| Other income expense | — | — | — | — | — |
| Pretax income | 18.68M | 31.76M | 24.63M | 19.15M | 20.68M |
| Tax provision | 2.98M | 5.83M | 4.25M | 3.08M | 3.21M |
| Net income | 15.69M | 25.93M | 20.38M | 16.08M | 17.47M |
| Basic EPS | 2.66 | 4.33 | 3.28 | 2.48 | 2.65 |
| Diluted EPS | 2.66 | 4.33 | 3.28 | 2.48 | 2.65 |
| Basic average shares | 5.89M | 5.99M | 6.21M | 6.48M | 6.58M |
| Diluted average shares | 5.89M | 5.99M | 6.21M | 6.48M | 6.58M |
| EBITDA | — | — | — | — | — |
| Net income from continuing op. | 15.69M | 25.93M | 20.38M | 16.08M | 17.47M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | — | — | — | — | — |
| Current assets | |||||
| Cash | 12.97M | 12.40M | 8.77M | 13.15M | 10.29M |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 86.60M | 71.43M | 138.79M | 133.87M | 87.17M |
| Other short term investments | 618.60M | 656.85M | 686.08M | 546.74M | 435.26M |
| Accounts receivable | 6.31M | 6.00M | 5.10M | 5.03M | 4.29M |
| Other receivables | — | — | — | — | — |
| Inventory | — | — | — | — | — |
| Prepaid assets | — | — | — | — | — |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | — | — | — | — | — |
| Non current assets | |||||
| Properties | 15.72M | 15.44M | 14.93M | 14.81M | 13.33M |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | 7.86M | 6.66M | 6.82M | 6.62M | 6.30M |
| Construction in progress | — | — | — | — | — |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -12.48M | -11.72M | -12.03M | -11.39M | -10.71M |
| Goodwill | 11.70M | 11.70M | 11.70M | 11.70M | 11.70M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | — | — | — | — | — |
| Investments and advances | 618.60M | 656.85M | 686.08M | 546.74M | 435.26M |
| Other non current assets | — | — | — | — | — |
| Total liabilities | — | — | — | — | — |
| Current liabilities | |||||
| Accounts payable | 1.42M | 106,000 | 48,000 | 56,000 | 144,000 |
| Accrued expenses | — | — | — | — | — |
| Short term debt | — | — | — | — | — |
| Deferred revenue | — | — | — | — | — |
| Tax payable | — | — | — | — | — |
| Pensions | — | — | — | — | — |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | — | — | — | — | — |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | — | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | — | — | — | — | — |
| Shareholders equity | |||||
| Common stock | 7.40M | 7.36M | 7.58M | 8.04M | 8.11M |
| Retained earnings | 197.98M | 199.09M | 188.23M | 189.55M | 184.12M |
| Other shareholders equity | -64.87M | -83.77M | -4.06M | 3.02M | -8.51M |
| Total shareholders equity | 140.52M | 122.69M | 191.75M | 200.61M | 183.73M |
| Additional paid in capital | — | — | — | — | — |
| Treasury stock | — | — | — | — | — |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||
| Net Income | 15.69M | 25.93M | 20.38M | 16.08M | 17.47M | 16.15M | 14.09M | 14.94M | 15.83M | 16.91M | 17.79M | 17.75M | 17.64M | 15.57M | 14.32M | 13.59M | 12.68M | 12.63M | 12.42M | 12.23M | 11.44M | 10.01M | 7.31M | 7.31M | 7.10M | 6.80M | 6.56M | 6.12M | 3.26M |
| Depreciation | 754,000 | 609,000 | 636,000 | 708,000 | 739,000 | 816,000 | 873,000 | 1.06M | 1.75M | 1.81M | 1.80M | 1.85M | 1.88M | 1.97M | 2.00M | 2.08M | 2.39M | 2.38M | 2.53M | 2.26M | 2.24M | 2.32M | 2.39M | 1.38M | 1.40M | 1.00M | 707,000 | 638,000 | 506,000 |
| Deferred Taxes | 750,000 | -109,000 | 152,000 | 282,000 | 529,000 | -382,000 | 3.35M | 18,000 | 10,000 | 73,000 | 64,000 | 204,000 | 582,000 | 563,000 | -1.06M | -310,000 | -144,000 | 249,000 | 69,000 | -18,000 | -200,000 | -551,000 | -166,000 | -253,000 | -200,000 | -100,000 | 300,000 | -4,000 | -132,000 |
| Stock-Based Compensation | 42,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | -1.28M | 109,000 | -270,000 | -5.17M | -1.44M | -17,000 | -4.71M | -617,000 | -386,000 | 657,000 | 1.30M | -187,000 | 171,000 | -2.27M | 309,000 | 6,000 | 423,000 | 49,000 | 567,000 | 1.19M | 1.92M | 2.63M | 323,000 | 1.35M | 1.20M | 400,000 | -92,000 | 1.10M | 203,000 |
| Accounts Receivable | -312,000 | -897,000 | -76,000 | -743,000 | 875,000 | 137,000 | -37,000 | 509,000 | -21,000 | 201,000 | 298,000 | 57,000 | -288,000 | 234,000 | -490,000 | -49,000 | — | — | — | — | — | — | — | — | — | — | 65,000 | 111,000 | 31,000 |
| Accounts Payable | 1.31M | 58,000 | -8,000 | -88,000 | 55,000 | 27,000 | 7,000 | -1,000 | -12,000 | -24,000 | -47,000 | -67,000 | -51,000 | -79,000 | -319,000 | -137,000 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | -4.48M | 2.00M | 1.15M | 71,000 | 1.13M | 3.30M | -2.44M | 397,000 | 1.52M | -1.00M | 1.84M | -183,000 | -3.56M | -1.14M | -2.06M | -421,000 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating Cash Flow | 12.48M | 27.70M | 21.96M | 11.13M | 19.35M | 20.04M | 11.14M | 16.31M | 18.69M | 18.63M | 23.05M | 19.42M | 16.38M | 14.85M | 12.71M | 14.77M | 15.34M | 15.31M | 15.59M | 15.66M | 15.40M | 14.41M | 9.86M | 9.78M | 9.50M | 8.10M | 7.54M | 7.96M | 3.86M |
| Investing Activities | |||||||||||||||||||||||||||||
| Capital Expenditures | -1.49M | -1.25M | -323,000 | -1.82M | -1.02M | -1.19M | -39,000 | -634,000 | -663,000 | -6,000 | -265,000 | -769,000 | -723,000 | -723,000 | -330,000 | -185,000 | -321,000 | -881,000 | -1.18M | -1.93M | -1.53M | -805,000 | -921,000 | -2.84M | -2.80M | -1.80M | -1.08M | -557,000 | -99,000 |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 13.18M | -8.02M | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | — | -117.34M | -219.33M | -241.16M | -352.51M | -25.32M | -41.61M | -290.30M | -80.09M | -40.29M | -97.48M | -219.38M | -99.98M | -135.16M | -94.44M | -49.15M | -22.78M | -42.58M | -65.04M | -47.64M | -65.62M | -62.59M | -119.81M | -54.32M | -12.20M | -89.70M | -43.34M | -74.51M | -30.87M |
| Sale of Investments | 57.72M | 38.63M | 65.26M | 144.91M | 349.12M | 57.09M | 23.09M | 237.94M | 74.48M | 20.67M | 75.37M | 185.28M | 100.88M | 113.62M | 66.52M | 54.32M | 36.35M | 29.65M | 39.69M | 35.51M | 49.64M | 36.53M | 114.06M | 13.42M | 36.70M | 73.50M | 35.67M | 42.38M | 16.41M |
| Investing Cash Flow | 57.30M | -80.05M | -158.33M | -98.04M | -3.76M | 30.87M | -28.25M | -52.15M | -5.55M | -18.56M | -21.25M | -33.20M | -303,000 | -19.87M | -27.80M | 2.81M | -20.10M | -31.54M | -20.04M | -38.76M | -27.98M | -43.01M | -47.99M | -113.77M | -36.70M | -38.00M | -12.69M | -9.87M | -5.16M |
| Financing Activities | |||||||||||||||||||||||||||||
| Long-Term Debt Issuance | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 60,000 | — | — | 545,000 | — | — | — | -300,000 | — | — | — |
| Long-Term Debt Payments | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -54,000 | -10,000 | -9,000 | -284,000 | — | 162,000 | -613,000 | — | -67,000 | -10.19M | — | — | — | — | -10.71M |
| Other Financing Charges | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 100,000 | — | — | — | — |
| Financing Cash Flow | -14.78M | -15.29M | -22.16M | -10.72M | -27.56M | -8.42M | -8.14M | -8.07M | -7.93M | -7.85M | -7.78M | -7.64M | -6.94M | -6.31M | -5.88M | -6.12M | -5.31M | -5.39M | -4.93M | -4.34M | -4.58M | -2.86M | -3.09M | -13.18M | 7.50M | -3.10M | 4.04M | -1.14M | -43,000 |
| Other Cash Details | |||||||||||||||||||||||||||||
| End Cash Position | 86.60M | 71.43M | 138.79M | 13.15M | 10.29M | 12.88M | 12.93M | 13.97M | 12.15M | 12.89M | 13.28M | 14.78M | 11.90M | 9.86M | 12.89M | 16.32M | 16.32M | 15.28M | 20.12M | 12.49M | 11.73M | 12.32M | 12.29M | 11.13M | 13.30M | 14.40M | 12.44M | 10.08M | 5.41M |
| Income Tax Paid | 2.55M | 3.86M | 3.18M | 3.86M | 2.54M | 1.78M | 4.09M | 3.94M | 4.79M | 5.28M | 5.15M | 4.93M | 4.78M | 5.48M | 3.91M | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | 20.24M | 3.03M | 3.11M | 5.93M | 7.33M | 5.02M | 4.12M | 4.17M | 4.20M | 4.92M | 6.00M | 7.95M | 9.24M | 11.24M | 16.14M | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 14.03M | 28.24M | 22.56M | 11.97M | 17.80M | 18.61M | 10.73M | 16.90M | 19.87M | 19.88M | 24.17M | 21.94M | 18.73M | 17.84M | 14.54M | 15.51M | 15.21M | 13.24M | 14.28M | 21.40M | 13.27M | 13.44M | 9.10M | 6.85M | 8.60M | 3.40M | 6.27M | 7.09M | 3.68M |
Error: Invalid format in Holders JSON file.
Article
National Bankshares (NKSH) Q4 Earnings Match Estimates
National Bankshares (NKSH) came out with quarterly earnings of $0.48 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.71 per share a year ago.
Jan 24, 2025
Article
Lara Ramsey Named President of National Bankshares, Inc. and The National Bank of Blacksburg
BLACKSBURG, Va., Oct. 18, 2024 (GLOBE NEWSWIRE) -- National Bankshares, Inc. is pleased to announce the promotion of Lara E.
Oct 18, 2024
Article
National Bankshares (NKSH) Reports Q2 Loss, Lags Revenue Estimates
National Bankshares (NKSH) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of $0.32. This compares to earnings of $0.66 per share a year ago.
Aug 14, 2024
