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Virginia National Bank

OverviewSuggest Edit

Virginia National Bank offers a range of commercial and retail banking services. The Company operates through two segments, the Bank and VNB Wealth. It provides checking accounts, NOW accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and other depository services. Virginia National Bank also offers short-to-long term commercial, real estate, consumer, and residential mortgage loans.

In addition, it provides automated teller machines, Internet banking, treasury, and cash management services, as well as merchant and debit card services; and brokerage, investment advisory, annuity, and insurance products and services.

TypePublic
Founded1998
HQCharlottesville, VA, USMap
Websitevnb.com
Employee Ratings3More

Locations

Virginia National Bank is headquartered in
Charlottesville, United States

Location Map
All Locations (2)

Latest Updates

Employees (est.) (Dec 2018)86(+7%)
Revenue (FY, 2019)$5.6 M
Share Price (Feb 2021)$29.3
Cybersecurity ratingCMore

Virginia National Bank Office Locations

Virginia National Bank has an office in Charlottesville
Charlottesville, VA, US (HQ)
404 People Pl
Charlottesville, VA, US
1900 Arlington Blvd
Show all (2)

Virginia National Bank Financials and Metrics

Virginia National Bank Revenue

Virginia National Bank's revenue was reported to be $5.55 m in FY, 2019
USD

Revenue (Q3, 2020)

1.4m

Net income (Q3, 2020)

1.9m

Market capitalization (5-Feb-2021)

79.5m

Closing stock price (5-Feb-2021)

29.3

Cash (30-Sept-2020)

11.4m
Virginia National Bank's current market capitalization is $79.5 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

5.6m4.9m5.5m5.9m5.5m5.6m

Sales and marketing expense

389.0k

R&D expense

1.1m1.2m

Operating expense total

5.6m5.0m5.4m5.2m5.6m5.9m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

1.1m1.2m667.0k1.2m5.5m1.2m1.1m1.3m1.4m1.2m1.3m1.2m1.7m1.3m1.3m1.1m1.7m1.3m1.7m1.6m1.4m

Cost of goods sold

242.0k

Gross profit

5.2m

Gross profit Margin, %

96%
show all
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

54.1m43.5m38.5m18.3m18.9m14.9m

Accounts Receivable

310.1m420.1m478.4m524.7m532.3m535.3m

PP&E

9.5m8.7m8.0m7.4m7.0m6.1m

Goodwill

372.0k372.0k372.0k372.0k
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

76.8m52.0m14.5m22.2m12.2m17.5m33.6m25.1m42.0m55.7m9.6m10.3m6.9m26.6m8.8m14.6m24.8m13.9m19.3m10.1m11.4m

Accounts Receivable

288.7m289.1m337.2m386.6m421.1m421.4m427.6m483.9m489.1m497.2m520.8m530.3m522.6m523.5m516.9m518.1m549.3m627.5m631.6m

Inventories

367.1m

PP&E

9.6m9.6m9.5m9.3m9.1m8.9m8.4m8.3m8.2m7.8m7.6m7.4m7.1m7.1m7.2m6.8m6.6m6.4m6.0m5.7m5.4m
show all
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

1.9m3.1m5.7m6.6m8.5m6.7m

Depreciation and Amortization

1.2m1.2m1.3m1.3m1.2m83.0k

Accounts Payable

(6.5m)(174.0k)(458.0k)241.0k(415.0k)(504.0k)

Cash From Operating Activities

7.7m5.5m5.3m8.8m11.8m9.3m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

506.0k951.0k1.3m415.0k1.2m2.0m1.4m2.9m4.3m1.7m3.7m5.4m2.8m4.6m6.8m1.2m3.4m5.3m1.4m3.5m5.4m

Depreciation and Amortization

288.0k577.0k860.0k296.0k590.0k876.0k307.0k624.0k947.0k335.0k650.0k945.0k313.0k623.0k932.0k294.0k583.0k67.0k40.0k57.0k74.0k

Accounts Payable

(6.8m)(7.1m)(7.0m)(529.0k)(370.0k)(417.0k)(85.0k)(604.0k)(540.0k)835.0k(394.0k)(205.0k)670.0k(289.0k)38.0k302.0k64.0k(58.0k)387.0k292.0k(19.0k)

Cash From Operating Activities

5.4m5.6m6.5m1.4m2.5m4.1m1.8m2.6m4.5m2.4m4.3m6.5m4.2m5.7m8.9m2.7m4.5m4.6m2.9m4.9m6.7m
show all
USDQ1, 2014

Financial Leverage

9.1 x
Show all financial metrics

Virginia National Bank Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

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Virginia National Bank Online and Social Media Presence

Virginia National Bank's Trends

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 Virginia National Bank Frequently Asked Questions

  • When was Virginia National Bank founded?

    Virginia National Bank was founded in 1998.

  • How many employees does Virginia National Bank have?

    Virginia National Bank has 86 employees.

  • What is Virginia National Bank revenue?

    Latest Virginia National Bank annual revenue is $5.6 m.

  • What is Virginia National Bank revenue per employee?

    Latest Virginia National Bank revenue per employee is $64.5 k.

  • Who are Virginia National Bank competitors?

    Competitors of Virginia National Bank include Shawbrook, First Financial Northwest and Aldermore Bank.

  • Where is Virginia National Bank headquarters?

    Virginia National Bank headquarters is located at 404 People Pl, Charlottesville.

  • Where are Virginia National Bank offices?

    Virginia National Bank has an office in Charlottesville.

  • How many offices does Virginia National Bank have?

    Virginia National Bank has 2 offices.