Headquartered in Blacksburg, VA Fiscal year ends December NASDAQ: NKSH nationalbankshares.com
National Bankshares, Inc. is the parent company of The National Bank of Blacksburg (doing business as National Bank) and National Bankshares Financial Services, Inc. National Bank is a community bank operating 28 full-service offices in Southwestern, Western, and Central Virginia, along with one loan production office in Charlottesville, Virginia, and 26 ATMs in its service area. National Bankshares Financial Services is an investment and insurance subsidiary serving the same trade area. The Company serves a diverse depositor base including individuals, businesses, and municipalities, with total assets of approximately $1.78 billion. Its stock trades on the Nasdaq Capital Market under the symbol NKSH. Updated
Net interest margin expanded 49 basis points to 3.21% at this Virginia lender, even with EPS missing expectations. Management expects loan repricing and Q4 securities paydowns to keep that income trend going. Keep an eye on the stock.
National Bankshares, Inc. is the parent company of The National Bank of Blacksburg (doing business as National Bank) and National Bankshares Financial Services, Inc.
The Wall Street consensus 12-month price target for NKSH is $46.75.