National Bankshares, Inc.

NKSH

NKSHNational Bankshares, Inc. US flag

NASDAQ Capital Market

34.00

USD

-1.06

- -

216.53MMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	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
Sales/Revenue/Turnover	47	47	46	46	46	44	45	46	47	46	50	59	47	45	56
+ Sales & Services Revenue	47	47	46	46	46	44	45	46	47	46	50	59	47	45	56
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	12	12	12	12	13	13	14	15	15	15	16	17	18	20	22
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-12	-12	-12	-12	-13	-13	-14	-15	-15	-15	-16	-17	-18	-20	-22
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-23	-23	-23	-22	-21	-19	-20	-19	-21	-19	-25	-32	-19	-9	-19
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-23	-23	-23	-22	-21	-19	-20	-19	-21	-19	-25	-32	-19	-9	-19
Pretax Income	23	23	23	22	21	19	20	19	21	19	25	32	19	9	19
- Income Tax Expense (Benefit)	5	5	5	5	5	4	6	3	3	3	4	6	3	1	3
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	18	18	18	17	16	15	14	16	17	16	20	26	16	8	16
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	18	18	18	17	16	15	14	16	17	16	20	26	16	8	16
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	18	18	18	17	16	15	14	16	17	16	20	26	16	8	16
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	18	18	18	17	16	15	14	16	17	16	20	26	16	8	16
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	2	2	2	2	2	1	1	1	1	1	1	1	1	1	1
EBITDA Margin (%)	4.02	3.92	3.89	3.97	3.84	2.41	1.95	1.78	1.59	1.54	1.26	1.02	1.62	2.51	2.64
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	37.72	37.63	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
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	1	1.1	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
Depreciation Expense	2	2	2	2	2	1	1	1	1	1	1	1	1	1	1
Basic Weighted Avg Shares	7	7	7	7	7	7	7	7	7	6	6	6	6	6	6
Basic EPS, GAAP	2.54	2.56	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
Basic EPS from Cont Ops	2.54	2.56	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
Diluted Weighted Avg Shares	7	7	7	7	7	7	7	7	7	6	6	6	6	6	6
Diluted EPS, GAAP	2.54	2.55	2.55	2.43	2.28	2.15	2.03	2.32	2.65	2.48	3.28	4.33	2.66	1.24	2.49
Diluted EPS from Cont Ops	2.54	2.55	2.55	2.43	2.28	2.15	2.03	2.32	2.65	2.48	3.28	4.33	2.66	1.24	2.49

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	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
Total Current Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	285	301	293	338	379	399	396	481	522	681	825	728	705	710	83
+ Cash & Cash Equivalents	110	111	111	115	143	94	64	56	87	134	139	71	87	108	59
+ ST Investments	175	190	182	223	236	304	331	425	435	547	686	657	619	602	23
+ Accounts & Notes Receiv	6	6	6	6	6	5	5	5	4	5	5	6	6	6	7
+ Accounts Receivable, Net	6	6	6	6	6	5	5	5	4	5	5	6	6	6	7
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-291	-307	-299	-344	-385	-404	-401	-487	-527	-686	-830	-734	-712	-716	-89
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip, Net	10	10	10	9	9	9	8	9	9	10	10	10	11	17	18
+ Property, Plant & Equip	24	25	25	24	20	18	18	19	20	21	22	22	24	28	31
- Accumulated Depreciation	14	14	15	15	11	9	9	10	11	11	12	12	12	11	12
+ LT Investments & Receivables	319	350	346	384	388	439	459	425	435	547	686	657	619	602	654
+ LT Investments	319	350	346	384	388	439	459	425	435	547	686	657	619	602	654
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-329	-361	-356	-393	-397	-448	-467	-434	-444	-557	-696	-667	-630	-619	-673
+ Total Intangible Assets	10	9	8	7	6	6	6	6	6	6	6	6	6	13	12
+ Goodwill	6	6	6	6	6	6	6	6	6	6	6	6	6	11	11
+ Other Intangible Assets	5	4	2	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	1
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-340	-370	-364	-401	-403	-454	-473	-440	-450	-563	-702	-673	-636	-631	-685
Total Assets	1,067	1,104	1,111	1,155	1,204	1,234	1,257	1,256	1,322	1,520	1,702	1,678	1,655	1,812	1,825
+ Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	2
+ Accounts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	2
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	-1	-2
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	-1	-2
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	926	954	965	988	1,031	1,056	1,072	1,066	1,138	1,319	1,510	1,555	1,515	1,655	1,640
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	9	9	9	9	9	9	9	9	8	8	8	7	7	22	22
+ Common Stock	9	9	9	9	9	9	9	9	8	8	8	7	7	22	22
+ Additional Paid in Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	134	144	154	163	171	178	186	194	184	190	188	199	198	196	203
+ Other Equity	-1	-3	-17	-6	-8	-9	-10	-12	-9	3	-4	-84	-65	-62	-40
Equity Before Minority Interest	141	150	146	166	172	178	185	190	184	201	192	123	141	156	185
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	141	150	146	166	172	178	185	190	184	201	192	123	141	156	185
Total Liabilities & Equity	1,067	1,104	1,111	1,155	1,204	1,234	1,257	1,256	1,322	1,520	1,702	1,678	1,655	1,812	1,825
Shares Outstanding	7	7	7	7	7	7	7	7	6	6	6	6	6	6	6
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	-110	-111	-111	-115	-143	-94	-64	-56	-87	-134	-139	-71	-87	-108	-59
Net Debt to Equity	-78.03	-74.2	-76.32	-69.42	-83.06	-52.87	-34.7	-29.63	-47.45	-66.73	-72.38	-58.22	-61.63	-68.93	-32.04
Tangible Common Equity Ratio	12.38	12.85	12.48	13.86	13.86	14.03	14.31	14.75	13.52	12.87	10.96	6.99	8.16	7.99	9.53
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

API Chat

	2011 Y	2012 Y	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
+ Net Income	18	18	18	17	16	15	14	16	17	16	20	26	16	8	16
+ Depreciation & Amortization	2	2	2	2	2	1	1	1	1	1	1	1	1	1	1
+ Non-Cash Items	4	3	3	2	1	1	-2	-1	-1	-2	1	2	3	3	-1
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	1	- -	- -	- -	- -	- -	3	- -	1	- -	- -	- -	1	-1	1
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	3	3	3	2	1	- -	-5	-1	-2	-3	1	2	2	3	-1
+ Chg in Non-Cash Work Cap	-4	- -	2	-1	1	1	-2	3	2	-1	1	1	-3	-2	1
+ (Inc) Dec in Accts Receiv	- -	- -	- -	- -	- -	1	- -	- -	1	-1	- -	-1	- -	- -	- -
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -
+ Inc (Dec) in Other	-4	- -	2	-1	2	- -	-2	3	1	- -	1	2	-4	-2	1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	19	23	24	20	21	18	11	20	19	14	23	30	16	9	18
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1	-1	- -	- -	-1	-1	- -	-1	-1	-2	- -	-1	-1	-3	-3
+ Acq of Fixed Prod Assets	-1	-1	- -	- -	-1	-1	- -	-1	-1	-2	- -	-1	-1	-3	-3
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	- -	- -	- -	-19	-2	-13	-6	- -	- -	- -
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	-19	-2	-13	-6	- -	- -	- -
+ Net Change in LT Investment	1	-34	-22	-20	-6	-52	-19	32	-3	-96	-154	-79	58	26	-27
+ Dec in LT Investment	101	185	75	21	74	238	23	57	349	145	65	39	58	26	57
+ Inc in LT Investment	-100	-219	-97	-40	-80	-290	-42	-25	-353	-241	-219	-117	- -	- -	-84
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-46	-5	-9	-16	-44	21	-2	-34	-57	-80	-39	-50	-3	-13	-10
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-45	-40	-31	-35	-50	-32	-20	-4	-62	-178	-193	-130	53	16	-39
+ Dividends Paid	-7	-8	-8	-8	-8	-8	-8	-8	-9	-9	-9	-9	-15	-9	-10
+ Net Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-5	- -
+ Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Repayments of Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-5	- -
+ Other Financing Activities	35	28	13	22	37	25	16	-8	68	177	197	48	-39	11	-18
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	28	20	5	15	29	17	8	-16	40	167	175	33	-54	-4	-28
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	2	3	-2	- -	-1	2	-1	- -	-3	3	5	-67	15	22	-49
EBITDA	2	2	2	2	2	1	1	1	1	1	1	1	1	1	1
EBITDA Margin (%)	4.02	3.92	3.89	3.97	3.84	2.41	1.95	1.78	1.59	1.54	1.26	1.02	1.62	2.51	2.64
Free Cash Flow	19	22	24	20	20	17	11	19	18	12	23	28	14	6	15
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-7	- -
Free Cash Flow to Firm	19	22	24	20	20	17	11	19	18	12	23	28	14	6	15
Free Cash Flow to Equity	19	22	24	20	20	17	11	19	18	12	23	28	14	1	15
Free Cash Flow per Basic Share	2.7	3.16	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
Price/Free Cash Flow	9.62	9.6	10.4	10.17	11.67	16.64	28.1	12.08	14.88	13	9.59	7.85	11.2	13.94	10.34
Cash Flow to Net Income	1.1	1.28	1.37	1.2	1.3	1.17	0.78	1.23	1.08	0.86	1.12	1.14	0.99	1.24	1.13
Capital Expenditures	-1	-1	- -	- -	-1	-1	- -	-1	-1	-2	- -	-1	-1	-3	-3