National Bankshares IncNKSH

NasdaqFinanceNational Commercial Banks
Price (close)
$42.22
Market cap
$269.0M
P/E
13.2x
Revenue (TTM)
$8.5M
Net income
$20.3M
Dividend yield
3.62%
1-year total return
47.3%
Net margin
238.7%
Revenue growth
9.5%
Debt / equity
—

What National Bankshares Inc does.

National Bankshares, Inc. (the “Company” or “NBI”) is a financial holding company that was organized in 1986 under the laws of Virginia and is registered under the Bank Holding Company Act of 1956, as amended ("BHCA"). National Bankshares, Inc. common stock is listed on the Nasdaq Capital Market and is traded under the symbol “NKSH.” It conducts most of its operations through its wholly-owned community bank subsidiary, The National Bank of Blacksburg (the “Bank” or “NBB”). It also owns National Bankshares Financial Services, Inc. (“NBFS”), which does business as National Bankshares Insurance Services and National Bankshares Investment Services. References in this report to “we,” “us,” or “our” refer to NBI unless the context indicates that the reference is to NBB.

The National Bank of Blacksburg, which does business as National Bank, was originally chartered in 1891 as the Bank of Blacksburg. Its state charter was converted to a national charter in 1922 and it became The National Bank of Blacksburg. In 2004, NBB purchased Community National Bank of Pulaski, Virginia. In May 2006, Bank of Tazewell County, a Virginia bank which since 1996 was a wholly-owned subsidiary of NBI, was merged with and into NBB. On June 1, 2024, NBB purchased Frontier Community Bank ("FCB"), a Virginia bank.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$5.7M$6.7M$7.0M$7.1M$7.4M$8.2M
Net income$16.1M$20.4M$25.9M$15.7M$7.6M$15.8M
Free cash flow$12.0M$22.6M$28.2M$14.0M$6.2M$15.2M

More on NKSH.

Figures from National Bankshares Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.