Virginia National Bankshares Corp VABK

Financials SIC 6021 - National Commercial Banks NAICS Finance and Insurance › Credit Intermediation and Related Activities › Depository Credit Intermediation › Commercial Banking derived Nasdaq

The Company was incorporated under the laws of the Commonwealth of Virginia on February 21, 2013 at the direction of the Board of Directors of the Bank for the purpose of acquiring all of the outstanding shares of the Bank and becoming the holding company of the Bank. On June 19, 2013, the shareholders of the Bank approved the Reorganization Agreement and Plan of Share Exchange, dated March 6, 2013, whereby the Bank would reorganize into a holding company structure. On December 16, 2013, when the Reorganization became effective, the Bank became a wholly-owned subsidiary of the Company, and each share of the Bank's common stock was exchanged for one share of the Company's common stock.

The Company is regulated under the BHCA and is subject to inspection, examination and supervision by the Federal Reserve. The Company is also under the jurisdiction of the SEC and is subject to the disclosure and regulatory requirements of the Exchange Act as administered by the SEC.

Last close 49.69 2026-10-23
Market cap $269.6M 2026-06-30 share count
52-week range 37.35 - 52.69

Valuation FY2025 figures against the last close

P/S3.5x
P/E14.0x
P/FCF13.0x
EV/EBITDA—
Dividend yield—
Diluted EPS3.55

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $77.2M$75.9M$70.0M$56.7M$48.3M$27.2M$26.2M$25.7M$22.6M$19.2M
Interest expense $51.5M$46.4M$49.0M$3.2M$3.3M$3.4M$4.3M$2.8M$1.2M$937.0K
Pre-tax income $24.1M$20.9M$23.3M$28.5M$11.9M$10.0M$8.2M$10.5M$11.0M$8.3M
Income tax $4.8M$3.9M$4.0M$5.1M$1.8M$2.1M$1.5M$2.1M$4.4M$2.6M
Net income $19.3M$17.0M$19.3M$23.4M$10.1M$8.0M$6.7M$8.5M$6.6M$5.7M
EPS, basic 3.573.163.604.402.162.952.493.182.612.43
EPS, diluted 3.553.153.584.382.142.952.493.152.582.41
Shares, diluted (wtd. avg.) 5.4M5.4M5.4M5.4M4.7M2.7M2.7M2.7M2.5M2.4M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $5.8M$5.3M$18.1M$21.0M$20.3M$8.1M$14.9M$11.7M$18.3M$38.5M
Property, plant and equipment $11.7M$15.4M$16.2M$17.8M$25.1M$5.2M$6.1M$7.0M$7.4M$8.0M
Goodwill $7.8M$7.8M$7.8M$7.8M$8.1M$7.8M$372.0K$372.0K$372.0K$372.0K
Other intangibles —————$341.0K$408.0K$477.0K$579.0K$680.0K
Total assets $1.65B$1.62B$1.65B$1.62B$1.97B$848.4M$702.6M$644.8M$643.9M$605.0M
Short-term debt $20.0M$20.0M$66.5M———————
Total liabilities $1.47B$1.46B$1.49B$1.49B$1.81B$765.8M$626.5M$574.1M$578.8M$546.0M
Retained earnings $94.2M$82.5M$73.8M$63.5M$46.4M$42.0M$37.2M$38.6M$37.9M$32.8M
Total equity $184.2M$160.3M$153.0M$133.4M$162.0M$82.6M$76.1M$70.7M$65.1M$59.1M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $21.3M$15.3M$13.9M$22.7M$13.1M$9.3M$9.3M$11.8M$8.8M$5.3M
Depreciation and amortisation $1.3M$1.3M$1.5M$1.6M$1.6M$1.9M$1.1M———
Capital expenditure $582.0K$733.0K$1.2M$546.0K$1.3M$199.0K$189.0K$846.0K$463.0K$585.0K
Investing cash flow $31.8M$15.8M-$19.8M-$167.2M$262.2M-$129.9M-$54.8M-$4.4M-$61.3M-$42.9M
Financing cash flow $381.0K-$42.3M-$5.9M-$324.2M$198.9M$136.3M$45.6M-$6.7M$32.3M$32.6M
Buybacks —$559.0K———————$1.3M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-128416.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 20M 40M 60M 80M Revenue, FY2016: 19.2M Net income, FY2016: 5.7M Revenue, FY2017: 22.6M Net income, FY2017: 6.6M Revenue, FY2018: 25.7M Net income, FY2018: 8.5M Revenue, FY2019: 26.2M Net income, FY2019: 6.7M Revenue, FY2020: 27.2M Net income, FY2020: 8M Revenue, FY2021: 48.3M Net income, FY2021: 10.1M Revenue, FY2022: 56.7M Net income, FY2022: 23.4M Revenue, FY2023: 70M Net income, FY2023: 19.3M Revenue, FY2024: 75.9M Net income, FY2024: 17M Revenue, FY2025: 77.2M Net income, FY2025: 19.3M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $19.2M $22.6M $25.7M $26.2M $27.2M $48.3M $56.7M $70.0M $75.9M $77.2M
Gross profit — — — — — — — — — —
Net income $5.7M $6.6M $8.5M $6.7M $8.0M $10.1M $23.4M $19.3M $17.0M $19.3M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Other event Item 8.01
  • Results announced Item 2.02
  • Other event Item 8.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Officer or director change Item 5.02
  • Results announced Item 2.02
  • Other event Item 8.01
  • Officer or director change Item 5.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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