National Bankshares, Inc.

National Bankshares, Inc.

NKSH
National Bankshares, Inc.US flagNASDAQ Capital Market
35.07
USD
+0.51
- -
223.31MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
6.68
6.56
6.55
6.31
6.43
6.6
7.07
7.11
8.1
9.92
7.92
7.36
8.74
9.13
Basic EPS, GAAP
2.56
2.43
2.28
2.15
2.03
2.32
2.65
2.48
3.28
4.33
2.66
1.24
2.49
2.76
Free Cash Flow per Basic Share
3.48
2.86
2.86
2.43
1.54
2.67
2.7
1.85
3.63
4.72
2.38
1
2.38
2.61
Dividend per Share
1.12
1.13
1.14
1.16
1.17
1.21
1.37
1.39
1.42
1.49
2.51
1.5
1.51
0.78
Book Value per Share
23.44
24.75
25.89
26.86
27.97
29.08
29.21
30.48
31.53
34.47
34.87
35.41
35.31
36.1
Tangible Book Value per Share
19.8
22.89
23.86
24.76
25.73
26.5
27.03
30.04
29.94
19.51
22.87
23.34
27.15
27.55
Basic Weighted Avg Shares
7
7
7
7
7
7
7
6
6
6
6
6
6
6
Sales/Revenue/Turnover
46
46
46
44
45
46
47
46
50
59
47
45
56
58
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
2
2
2
1
1
1
1
1
1
1
1
1
1
2
Net Income, GAAP
18
17
16
15
14
16
17
16
20
26
16
8
16
18
Effective Tax Rate (%)
23.01
23.44
23.04
20.92
30.87
13.68
15.53
16.06
17.26
18.36
15.98
16.43
17.43
17.55
Profit Margin (%)
38.35
37.11
34.78
34.05
31.48
35.18
37.52
34.86
40.51
43.64
33.64
16.81
28.48
30.27
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
146
166
172
178
185
190
184
201
192
123
141
156
185
187
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
11.27
10.1
9
8.14
7.39
8.14
8.85
8.25
10.36
12.89
7.62
3.6
7.15
7.79

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
6
Market Capitalization
187
213
232

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
64
83
104
Accounts Receivable, Net
7
7
7
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
2
2
2
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.96%
0.73%
18.22%
Free Cash Flow
13.73%
30.5%
145.1%
Net Income, GAAP
7.42%
14.14%
107.61%
Sales/Revenue/Turnover
2.69%
5.09%
22.5%
Total Cash Common Dividend
4.41%
6.21%
3.75%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10
11
12
12
45
2025
13
13
14
15
56
2026
15
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.37
-0.05
0.42
0.48
1.24
2025
0.51
0.36
0.69
0.92
2.49
2026
0.78
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.71
- -
0.78
1.5
2025
- -
- -
- -
0.78
1.51
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Lara E. Ramsey
Full Time Employees
245
Sector
Financial Services
Industry
Banks - Regional
Address
101 Hubbard Street Blacksburg VA United States of America 24062-9002
IPO Date
Dec 1, 1999
Business
National Bankshares, Inc. (Nasdaq: NKSH) operates as the bank holding company for The National Bank of Blacksburg, doing business as National Bank, providing retail and commercial banking products and services to individuals, businesses, non-profits, and local governments in southwest and central Virginia. Founded in 1986 and headquartered in Blacksburg, Virginia, the company offers deposit products including 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; loan products such as commercial and agricultural loans, commercial and consumer real estate loans, residential real estate loans, home equity loans, consumer loans including credit cards and automobile loans, public sector and IDA loans, and construction loans for commercial and residential properties; and additional services encompassing business and consumer debit and credit cards, letters of credit, night depository, safe deposit boxes, utility payment services, automatic funds transfer, wealth management, trust and estate services, non-deposit investment and insurance products through subsidiary National Bankshares Financial Services, Inc. (doing business as NBB Wealth Management and NBB Insurance Services), and digital banking options including telephone, mobile, Internet banking, and automated teller machines. National Bank maintains 28 full-service offices and one loan production office across its service areas. In January 2024, National Bankshares announced a definitive agreement to acquire Frontier Community Bank, with approximately $154 million in assets as of September 2023, aiming to expand into growth markets while preserving community banking commitments; the transaction positions the company for consolidated assets of around $1.7 billion upon completion.

Company News

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