NKSH - National Bankshares Inc Stock Price, Fair Value and News

26.68USD-1.22 (-4.37%)Market Closed

Market Summary

USD26.68-1.22

Market Closed

-4.37%

NKSH Stock Price

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NKSH RSI Chart

NKSH Valuation

Market Cap

157.2M

Price/Earnings (Trailing)

10.02

Price/Sales (Trailing)

2.67

EV/EBITDA

2.77

Price/Free Cashflow

11.21

NKSH Price/Sales (Trailing)

NKSH Profitability

EBT Margin

31.74%

Return on Equity

11.17%

Return on Assets

0.95%

Free Cashflow Yield

8.92%

NKSH Fundamentals

NKSH Revenue

Revenue (TTM)

58.8M

Rev. Growth (Yr)

10.95%

Rev. Growth (Qtr)

5.68%

NKSH Earnings

Earnings (TTM)

15.7M

Earnings Growth (Yr)

-55.05%

Earnings Growth (Qtr)

36.14%

Breaking Down NKSH Revenue

Last 7 days

-7.0%

Last 30 days

-20.6%

Last 90 days

-16.0%

Trailing 12 Months

-13.5%

How does NKSH drawdown profile look like?

NKSH Financial Health

NKSH Investor Care

Dividend Yield

9.41%

Dividend/Share (TTM)

2.51

Shares Dilution (1Y)

0.07%

Diluted EPS (TTM)

3.45

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	53.1M	55.8M	57.3M	58.8M
2022	45.2M	46.2M	47.7M	50.1M
2021	43.5M	43.6M	44.6M	45.0M
2020	45.4M	44.9M	44.3M	44.0M
2019	43.9M	44.4M	44.8M	45.1M
2018	41.5M	41.9M	42.6M	43.2M
2017	40.7M	40.7M	40.8M	41.3M
2016	42.6M	42.2M	41.6M	40.9M
2015	43.6M	43.3M	43.1M	42.9M
2014	45.3M	44.8M	44.2M	44.0M
2013	47.9M	47.3M	46.6M	45.7M
2012	49.6M	49.3M	49.0M	48.5M
2011	49.4M	49.5M	49.8M	49.9M
2010	0	50.0M	49.6M	49.1M
2009	0	0	0	50.5M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of National Bankshares Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Dec 13, 2023	thompson james carroll	acquired	-	-	227	-
Dec 13, 2023	ball lawrence j	acquired	-	-	227	-
Dec 13, 2023	green charles e iii	acquired	-	-	227	-
Dec 13, 2023	reynolds glenn p	acquired	-	-	227	-
Dec 13, 2023	fitzwater norman v iii	acquired	-	-	227	-
Dec 13, 2023	dooley john elliott	acquired	-	-	227	-
Dec 13, 2023	dye michael e	acquired	-	-	227	-
Dec 13, 2023	peery william a	acquired	-	-	227	-
Dec 13, 2023	johnson mildred r	acquired	-	-	227	-
Nov 07, 2023	ball lawrence j	bought	24,500	24.5	1,000	-

Which funds bought or sold NKSH recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	Bogart Wealth, LLC	unchanged	-	2,334	73,569	-%
Apr 25, 2024	Bank of New York Mellon Corp	reduced	-7.9	-40,617	791,327	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-61.31	-9,000	7,000	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	22,792	100,867	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	unchanged	-	11.00	334	-%
Apr 18, 2024	Eagle Ridge Investment Management	unchanged	-	7,479	235,708	0.02%
Apr 15, 2024	Cascade Wealth Advisors, Inc	new	-	310,225	310,225	0.26%
Apr 05, 2024	CWM, LLC	unchanged	-	-	1,000	-%
Apr 05, 2024	GAMMA Investing LLC	unchanged	-	51.00	1,470	-%
Apr 02, 2024	Marotta Asset Management	unchanged	-	16,120	508,066	0.10%

Are Funds Buying or Selling NKSH?

Are funds buying NKSH calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NKSH

No. of Funds

Unveiling National Bankshares Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.30%	312,156	SC 13G
Jan 26, 2024	blackrock inc.	7.6%	445,980	SC 13G
Jul 12, 2021	blackrock inc.	2.1%	127,494	SC 13G/A
Jan 29, 2021	blackrock inc.	7.4%	478,746	SC 13G/A
Jan 29, 2021	royce & associates lp	4.4%	284,752	SC 13G/A
Feb 13, 2020	re advisers corp	0%	0	SC 13G/A
Feb 05, 2020	blackrock inc.	7.2%	470,411	SC 13G/A
Jan 23, 2020	royce & associates lp	7.21%	467,789	SC 13G/A

Recent SEC filings of National Bankshares Inc

View All Filings

Date Filed	Form Type	Document
Apr 25, 2024	8-K	Current Report
Apr 11, 2024	424B3	Prospectus Filed
Apr 10, 2024	EFFECT	EFFECT
Apr 08, 2024	S-4/A	Mergers and Acquisition
Mar 28, 2024	S-4	Mergers and Acquisition
Mar 28, 2024	DEF 14A	DEF 14A
Mar 20, 2024	8-K	Current Report
Mar 19, 2024	10-K	Annual Report
Feb 13, 2024	SC 13G	Major Ownership Report
Jan 26, 2024	SC 13G	Major Ownership Report

Peers (Alternatives to National Bankshares Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	557.3B	171.1B	-3.02%	41.18%	11.25	3.26	60.72%	31.52%
BAC	297.7B	130.3B	-	30.88%	11.23	2.29	79.51%	-3.68%
WFC	214.3B	85.7B	3.98%	51.03%	11.19	2.5	41.49%	39.96%
C	119.7B	133.3B	-0.18%	34.65%	12.97	0.9	79.09%	-
CFG	16.1B	10.2B	-1.93%	16.75%	10.02	1.58	44.53%	-22.43%
KEY	13.7B	7.9B	-6.07%	34.16%	14.19	1.73	46.47%	-49.56%
MID-CAP
CMA	6.9B	4.2B	-4.02%	25.94%	9.92	1.62	34.68%	-45.96%
ZION	6.2B	3.9B	-3.20%	57.15%	9.1	1.57	45.91%	-25.03%
ABCB	3.3B	1.3B	-0.60%	41.74%	12.27	2.58	43.24%	-22.35%
ASB	3.3B	2.0B	1.46%	20.10%	17.81	1.66	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	400.7M	164.9M	-6.54%	37.44%	34.26	2.43	42.66%	-70.76%
AROW	378.6M	162.6M	-8.08%	4.96%	12.59	2.33	25.39%	-38.37%
ACNB	280.5M	96.6M	-10.60%	4.96%	8.85	2.9	11.02%	-11.37%
ASRV	45.1M	60.9M	-2.95%	-12.04%	-13.48	0.74	24.06%	-144.92%

National Bankshares Inc News

Latest updates

National Bankshares Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	5.7%	16.00	15.00	15.00	14.00	14.00	13.00	12.00	11.00	12.00	12.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00
EBITDA Margin	-18.3%	0.96*	1.18*	1.35*	1.50*	1.58*	1.51*	1.52*	1.50*	1.49*	1.48*	1.43*	1.37*	-	-	-	-	-	-	-	-	-
Interest Expenses	-1.9%	8.00	9.00	9.00	11.00	13.00	12.00	11.00	10.00	11.00	11.00	10.00	10.00	10.00	9.00	9.00	10.00	10.00	9.00	9.00	9.00	9.00
Income Taxes	42.5%	1.00	1.00	1.00	1.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	0.00	1.00	1.00	1.00	1.00	1.00	1.00
Earnings Before Taxes	37.2%	5.00	4.00	4.00	5.00	12.00	8.00	7.00	6.00	6.00	7.00	6.00	6.00	6.00	5.00	3.00	5.00	6.00	5.00	5.00	5.00	5.00
EBT Margin	-27.6%	0.32*	0.44*	0.52*	0.59*	0.63*	0.56*	0.56*	0.55*	0.55*	0.54*	0.51*	0.46*	-	-	-	-	-	-	-	-	-
Net Income	36.1%	4.00	3.00	4.00	5.00	9.00	6.00	6.00	5.00	5.00	6.00	5.00	5.00	5.00	4.00	3.00	4.00	5.00	4.00	4.00	4.00	5.00
Net Income Margin	-26.6%	0.27*	0.36*	0.43*	0.48*	0.52*	0.46*	0.46*	0.45*	0.45*	0.45*	0.42*	0.39*	-	-	-	-	-	-	-	-	-
Free Cashflow	-55.7%	2.00	5.00	4.00	4.00	11.00	8.00	3.00	6.00	5.00	6.00	4.00	6.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	4.0%	1,655	1,592	1,626	1,654	1,678	1,699	1,730	1,722	1,702	1,644	1,662	1,568	1,520	1,435	1,434	1,319	1,322	1,273	1,270	1,258	1,256
Cash Equivalents	-	-	-	-	-	-	-	-	-	2.00	-	-	-	1.00	-	-	-	0.00	-	-	-	0.00
Net PPE	0.2%	11.00	11.00	11.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	9.00	9.00	9.00	9.00	9.00
Goodwill	0%	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00
Liabilities	2.6%	1,515	1,476	1,497	1,523	1,555	1,587	1,593	1,560	1,510	1,453	1,470	1,379	1,319	1,233	1,238	1,127	1,138	1,085	1,086	1,077	1,066
Shareholder's Equity	21.0%	141	116	128	131	123	112	136	161	192	191	191	189	201	202	196	192	184	188	184	181	190
Retained Earnings	-0.2%	198	198	195	196	199	197	192	192	188	189	186	190	190	191	187	188	184	184	180	181	194
Shares Outstanding	0.0%	6.00	6.00	-	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	172	-	-	-	188	-	-	-	216	-	-	-	186	-	-	-	253	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-55.7%	2,191	4,948	4,051	4,333	11,229	8,223	3,363	6,685	5,203	6,470	4,456	6,753	3,643	3,728	1,209	5,213	6,471	4,404	2,861	5,096	5,551
Share Based Compensation	31.3%	21.00	16.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cashflow From Investing	-824.9%	-3,407	470	40,063	16,062	4,946	-17,437	-44,376	-72,843	-54,964	11,066	-84,674	-64,677	-78,276	-424	-107,375	8,471	-57,440	-5,070	-6,256	7,088	5,415
Cashflow From Financing	256.0%	34,377	-22,032	-28,719	-37,163	-35,169	-7,973	28,348	47,644	56,097	-19,621	81,354	57,454	77,187	-6,026	107,077	-11,570	47,053	-2,298	5,233	-9,734	-9,617
Dividend Payments	-	4,595	-	4,299	5,890	4,631	-5.00	4,324	-	4,487	-	-	-	4,652	-	-	-	4,673	-	-	-	4,383
Buy Backs	-	-	-	-	-	2,615	795	1,406	1,522	1,269	2,731	5,363	3,991	1,722	-	-	-	-	528	-	17,997	-

NKSH Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Interest Income
Interest and fees on loans	$ 38,924	$ 34,253
Interest on interest-bearing deposits	1,982	1,353
Interest and dividends on securities – taxable	16,536	12,788
Interest on securities – nontaxable	1,391	1,715
Total interest income	58,833	50,109
Interest Expense
Interest on time deposits	4,989	141
Interest on other deposits	16,261	2,942
Interest on borrowings	300	0
Total interest expense	21,550	3,083
Net interest income	37,283	47,026
(Recovery of) provision for credit losses	(1,261)	706
Net interest income after (recovery of) provision for credit losses	38,544	46,320
Noninterest Income:
Noninterest Income	7,072	6,994
Gain on sale of mortgage loans	107	157
BOLI income	2,026	958
Gain on sale of investment	2,971	0
Gain on sale of private equity investment	232	3,823
Other income	961	1,091
Realized securities loss, net	(3,332)	0
Total noninterest income	9,359	12,401
Noninterest Expense
Salaries and employee benefits	17,318	16,519
Occupancy, furniture and fixtures	2,005	1,934
Data processing and ATM	3,549	3,186
FDIC assessment	749	477
Net costs of other real estate owned	31	325
Franchise taxes	1,422	1,483
Professional services	1,739	999
Other operating expenses	2,415	2,035
Total noninterest expense	29,228	26,958
Income before income taxes	18,675	31,763
Income tax expense	2,984	5,831
Net income	$ 15,691	$ 25,932
Basic net income per common share (in dollars per share)	$ 2.66	$ 4.33
Fully diluted net income per common share (in dollars per share)	2.66	4.33
Dividends declared per common share (in dollars per share)	$ 2.51	$ 1.5
Deposit Account [Member]
Noninterest Income:
Noninterest Income	$ 2,518	$ 2,425
Product and Service, Other [Member]
Noninterest Income:
Noninterest Income	297	214
Credit and Debit Card [Member]
Noninterest Income:
Noninterest Income	1,678	1,916
Fiduciary and Trust [Member]
Noninterest Income:
Noninterest Income	$ 1,901	$ 1,817

NKSH Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 12,967	$ 12,403
Interest-bearing deposits	73,636	59,026
Securities available for sale, at fair value	618,601	656,852
Restricted stock, at cost	1,264	941
Mortgage loans held for sale	406	0
Loans:
Gross loans	857,175	853,193
Less unearned income and deferred fees and costs	(529)	(449)
Loans, net of unearned income and deferred fees and costs	856,646	852,744
Less allowance for credit losses	(9,094)	(8,225)
Loans, net	847,552	844,519
Premises and equipment, net	11,109	10,371
Accrued interest receivable	6,313	6,001
Other real estate owned, net	0	662
Goodwill	5,848	5,848
Bank-owned life insurance (BOLI)	43,583	43,312
Other assets	34,091	37,616
Total assets	1,655,370	1,677,551
Liabilities and Stockholders’ Equity
Noninterest-bearing demand deposits	281,215	327,713
Interest-bearing demand deposits	821,661	933,269
Savings deposits	177,856	214,114
Time deposits	223,240	67,629
Total deposits	1,503,972	1,542,725
Accrued interest payable	1,416	106
Other liabilities	9,460	12,033
Total liabilities	1,514,848	1,554,864
Commitments and contingencies
Stockholders’ equity:
Preferred stock, no par value, 5,000,000 shares authorized; none issued and outstanding	0	0
Common stock, $1.25 par value and additional paid in capital. Authorized 10,000,000 shares; issued and outstanding, 5,893,782 (including 4,095 unvested) shares as of December 31, 2023 and 5,889,687 as of December 31, 2022	7,404	7,362
Retained earnings	197,984	199,091
Accumulated other comprehensive loss, net	(64,866)	(83,766)
Total stockholders’ equity	140,522	122,687
Total liabilities and stockholders’ equity	1,655,370	1,677,551
Real Estate Construction Portfolio Segment[Member]
Loans:
Gross loans	55,379	54,579
Less allowance for credit losses	(408)	(450)
Consumer Real Estate Portfolio Segment [Member]
Loans:
Gross loans	241,564	221,052
Less allowance for credit losses	(3,162)	(2,199)
Commercial Real Estate Portfolio Segment [Member]
Loans:
Gross loans	419,130	437,888
Less allowance for credit losses	(3,576)	(3,642)
Commercial Non Real Estate Segment [Member]
Loans:
Gross loans	41,555	57,652
Less allowance for credit losses	(682)	(930)
Public Sector and IDA Portfolio Segment[Member]
Loans:
Gross loans	60,551	48,074
Less allowance for credit losses	(333)	(319)
Consumer Non Real Estate Portfolio Segment [Member]
Loans:
Gross loans	38,996	33,948
Less allowance for credit losses	$ (583)	$ (506)

About National Bankshares Inc

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.

CEO	Mr. F. Brad Denardo
WEBSITE	nationalbankshares.com
INDUSTRY	Banks Diversified
EMPLOYEES	231

National Bankshares Inc Frequently Asked Questions

What is the ticker symbol for National Bankshares Inc? What does NKSH stand for in stocks?

NKSH is the stock ticker symbol of National Bankshares Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of National Bankshares Inc (NKSH)?

As of Fri Apr 26 2024, market cap of National Bankshares Inc is 157.25 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NKSH stock?

You can check NKSH's fair value in chart for subscribers.

What is the fair value of NKSH stock?

You can check NKSH's fair value in chart for subscribers. The fair value of National Bankshares Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of National Bankshares Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NKSH so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is National Bankshares Inc a good stock to buy?

The fair value guage provides a quick view whether NKSH is over valued or under valued. Whether National Bankshares Inc is cheap or expensive depends on the assumptions which impact National Bankshares Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NKSH.

What is National Bankshares Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 26 2024, NKSH's PE ratio (Price to Earnings) is 10.02 and Price to Sales (PS) ratio is 2.67. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NKSH PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on National Bankshares Inc's stock?

In the past 10 years, National Bankshares Inc has provided 0.009 (multiply by 100 for percentage) rate of return.