National Bankshares

National Bankshares is the parent company of National Bank, a community bank with over a century of service in the area. National Bank currently operates 26 office locations throughout Southwest Virginia and offers a full range of financial products and services, including deposit accounts, commercial, consumer and mortgage loans, credit cards and trust services.

National Bankshares also operates an insurance and brokerage subsidiary, National Bankshares Financial Services, Inc., which does business as National Bankshares Insurance Services and National Bankshares Investment Services.

National Bankshares, Inc.'s common stock trades on the Nasdaq Capital Market under the symbol "NKSH".

Type
Public
HQ
Blacksburg, US
Founded
1909
Size (employees)
210 (est)+4%
National Bankshares was founded in 1909 and is headquartered in Blacksburg, US

National Bankshares Office Locations

National Bankshares has an office in Blacksburg
Blacksburg, US (HQ)
101 Hubbard St

National Bankshares Data and Metrics

National Bankshares Financial Metrics

National Bankshares's revenue was reported to be $12.7 m in Q1, 2017
USD

Revenue (Q1, 2017)

12.7 m

Gross profit (Q1, 2017)

11.7 m

Gross profit margin (Q1, 2017), %

92%

Net income (Q1, 2017)

3.6 m

EBIT (Q1, 2017)

9.2 m

Market capitalization (21-Jul-2017)

291.2 m

Cash (31-Mar-2017)

13.7 m
National Bankshares's current market capitalization is $291.2 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

46.1 m44.1 m42.9 m40.9 m

Revenue growth, %

(4%)(3%)(5%)

Cost of goods sold

4.2 m4.2 m

Gross profit

38.7 m36.8 m

Gross profit Margin, %

90%90%

Sales and marketing expense

12.8 m

Operating expense total

25.6 m26.2 m

EBIT

36.7 m35.1 m

EBIT margin, %

86%86%

Pre tax profit

20.6 m18.9 m

Income tax expense

4.7 m4 m

Net Income

17.8 m16.9 m15.8 m14.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

13.2 m13 m12.8 b12.9 m12.6 m12.7 m

Cost of goods sold

1.1 m1 m1.1 b1.1 m1 m1 m

Gross profit

12.2 m12 m11.8 b11.8 m11.6 m11.7 m

Gross profit Margin, %

92%92%92%92%92%92%

Sales and marketing expense

3.3 m3.1 m3.6 b2.9 m3.2 m3.5 m

Operating expense total

3.3 m3.1 m3.6 b2.9 m3.2 m3.5 m

EBIT

9.4 m9.6 m9.2 b8.6 m8.8 m9.2 m

EBIT margin, %

71%73%72%66%70%72%

Pre tax profit

5.4 m5.5 m4.9 b5 m4.7 m4.7 m

Income tax expense

1.3 m1.3 m1.1 b1.1 m880 k1.1 m

Net Income

8.5 m12.8 m4 m8.1 m12.3 m3.8 m7.6 m11.5 m3.6 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

13.3 m12.9 m12.2 m14 m

Accounts Receivable

5.9 m5.7 m5.8 m5.3 m

PP&E

10 m9.1 m9 m8.9 m

Total Assets

1.1 b1.2 b1.2 b1.2 b

Accounts Payable

92 k68 k56 k1 b

Total Liabilities

1.1 b

Retained Earnings

154.2 m163.3 m171.4 m178.2 m

Total Equity

172.1 m178.3 m

Financial Leverage

7 x6.9 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

11.4 m12.4 m9.9 m14.3 m11.3 m13.7 m

PP&E

8.9 m9.1 m8.8 m8.7 m8.8 m8.7 m

Total Assets

1.1 b1.1 b1.2 b1.2 b1.2 b1.2 b

Accounts Payable

974.2 m962.5 m1 b1 b1 b1 b

Retained Earnings

167.8 m172 m175.1 m175.2 m179 m181.9 m

Total Equity

167.6 m174.4 m179.2 m179.9 m184.1 m183 m

Financial Leverage

6.9 x6.6 x6.7 x6.7 x6.5 x6.8 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

17.8 m16.9 m15.8 m14.9 m

Accounts Receivable

298 k201 k(21 k)509 k

Accounts Payable

(47 k)(24 k)(12 k)(1 k)

Cash From Operating Activities

24.5 m20.3 m20.5 m17.5 m

Purchases of PP&E

(84 m)(33.9 m)(80.1 m)(290.3 m)

Cash From Investing Activities

(31.4 m)(35.3 m)(49.9 m)(32.2 m)

Dividends Paid

(7.8 m)(7.9 m)(7.9 m)(8.1 m)

Cash From Financing Activities

5.5 m14.6 m28.7 m16.5 m

Income Taxes Paid

5.1 m5.3 m4.8 m3.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

8.5 m12.8 m4 m8.1 m12.3 m3.8 m7.6 m11.5 m3.6 m

Accounts Receivable

151 k241 k242 k(109 k)89 k182 k510 k631 k(7 k)

Accounts Payable

(21 k)(25 k)2 k(7 k)(7 k)6 k(8 k)(10 k)

Cash From Operating Activities

9.3 m15.4 m6 m8.9 m15 m6.7 m7.8 m13.4 m3.5 m

Purchases of PP&E

(8 m)(19.9 m)(23 m)(33 m)(41 m)(53.4 m)(183.4 m)(253.3 m)

Cash From Investing Activities

(10.3 m)(1 m)(8.9 m)1.4 m8 m(8.6 m)(4.7 m)(1.5 m)(6.9 m)

Dividends Paid

(3.8 m)(3.8 m)(3.7 m)(3.7 m)(3.8 m)(3.8 m)

Cash From Financing Activities

3.6 m(14.9 m)2.5 m(11.9 m)(23.5 m)(347 k)(948 k)(12.7 m)3 m

Income Taxes Paid

2.9 m3.9 m1.3 m2.6 m3.4 m2.3 m2.8 m
USDY, 2017

Revenue/Employee

60.7 k

Financial Leverage

6.8 x

National Bankshares Market Value History

National Bankshares Company Life and Culture

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