American National Bankshares Inc. operates as the bank holding company for American National Bank and Trust Company that provides financial products and services. The company operates through two segments, Community Banking, and Trust and Investment Services. It accepts deposit products, including checking, money market, savings, and consumer and commercial time deposits, as well as certificates of deposit. The company's loan products comprise commercial and residential real estate loans, commercial loans to small and medium-sized businesses, construction and land development loans, home equity loans, and consumer loans. It also offers trust and investment services, such as estate planning, trust account administration, investment management, and retail brokerage services; online and telephone banking services; insurance services; and investment management services, including purchasing equity, fixed income, and mutual fund investments for customer accounts, as well as operates 34 automated teller machines. As of February 21, 2018, it operated 26 banking offices and 2 loan production offices in Virginia and North Carolina. American National Bankshares Inc. was founded in 1909 and is headquartered in Danville, Virginia.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:AMNB
CUSIP02774510
Phone434-792-5111
Debt
Debt-to-Equity Ratio0.13
Current Ratio0.87
Quick Ratio0.87
Price-To-Earnings
Trailing P/E Ratio19.71
Forward P/E Ratio14.95
P/E GrowthN/A
Sales & Book Value
Annual Sales$77.26 million
Price / Sales4.60
Cash Flow$2.3169 per share
Price / Cash17.61
Book Value$24.13 per share
Price / Book1.69
Profitability
EPS (Most Recent Fiscal Year)$2.07
Net Income$15.24 million
Net Margins23.11%
Return on Equity10.15%
Return on Assets1.18%
Miscellaneous
Employees328
Outstanding Shares8,710,000
Market Cap$354.99 million
American National BankShares (NASDAQ:AMNB) Frequently Asked Questions
What is American National BankShares' stock symbol?
American National BankShares trades on the NASDAQ under the ticker symbol "AMNB."
How often does American National BankShares pay dividends? What is the dividend yield for American National BankShares?
American National BankShares declared a quarterly dividend on Friday, July 20th. Investors of record on Friday, September 7th will be given a dividend of $0.25 per share on Friday, September 21st. This represents a $1.00 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date is Thursday, September 6th. View American National BankShares' Dividend History.
How will American National BankShares' stock buyback program work?
American National BankShares announced that its board has initiated a share repurchase plan on Saturday, January 20th 2018, which authorizes the company to repurchase 300,000 shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.
How were American National BankShares' earnings last quarter?
American National BankShares Inc (NASDAQ:AMNB) posted its quarterly earnings data on Thursday, July, 19th. The financial services provider reported $0.69 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.62 by $0.07. The financial services provider earned $18.35 million during the quarter, compared to analysts' expectations of $18.01 million. American National BankShares had a return on equity of 10.15% and a net margin of 23.11%. View American National BankShares' Earnings History.
When is American National BankShares' next earnings date?
What price target have analysts set for AMNB?
3 brokerages have issued twelve-month price objectives for American National BankShares' shares. Their predictions range from $39.00 to $39.00. On average, they anticipate American National BankShares' stock price to reach $39.00 in the next year. This suggests that the stock has a possible downside of 4.4%. View Analyst Price Targets for American National BankShares.
What is the consensus analysts' recommendation for American National BankShares?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American National BankShares in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for American National BankShares.
Who are some of American National BankShares' key competitors?
Some companies that are related to American National BankShares include Sandy Spring Bancorp (SASR), City (CHCO), National Bank (NBHC), Farmers And Merchants Bank of Long Beach (FMBL), Banc of California (BANC), Meridian Bancorp (EBSB), CBTX (CBTX), CoBiz Financial (COBZ), National Commerce (NCOM), Green Bancorp (GNBC), Hanmi Financial (HAFC), Camden National (CAC), Peoples Bancorp (PEBO), Bridge Bancorp (BDGE) and Bancorp (TBBK).
Who are American National BankShares' key executives?
American National BankShares' management team includes the folowing people:
- Mr. Jeffrey Vernon Haley, Pres, CEO & Director (Age 58)
- Mr. William W. Traynham Jr., Exec. VP, CFO, Treasurer & Sec. (Age 63)
- Mr. H. Gregg Strader, Exec. VP & Chief Banking Officer (Age 60)
- Edward C. Martin, Exec. VP & Chief Credit Officer
- Ms. Cathy W. Liles CAP, Sr. VP & Chief Accounting Officer (Age 53)
Has American National BankShares been receiving favorable news coverage?
News coverage about AMNB stock has been trending somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. American National BankShares earned a media and rumor sentiment score of 0.12 on Accern's scale. They also gave news coverage about the financial services provider an impact score of 47.65 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for American National BankShares.
Who are American National BankShares' major shareholders?
American National BankShares' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.87%), Dimensional Fund Advisors LP (4.06%), Renaissance Technologies LLC (1.55%), Schwab Charles Investment Management Inc. (0.21%), California Public Employees Retirement System (0.19%) and Martingale Asset Management L P (0.15%). Company insiders that own American National BankShares stock include Charles H Majors, Dan Miller Pleasant, F D Hornaday III, Hunter Gregg Strader, R Helm Dobbins, Ramsey K Hamadi and Tammy M Finley. View Institutional Ownership Trends for American National BankShares.
Which major investors are buying American National BankShares stock?
AMNB stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Martingale Asset Management L P, BlackRock Inc., Renaissance Technologies LLC, Bessemer Group Inc., Acadian Asset Management LLC, SG Americas Securities LLC and Schwab Charles Investment Management Inc.. Company insiders that have bought American National BankShares stock in the last two years include Dan Miller Pleasant, Ramsey K Hamadi and Tammy M Finley. View Insider Buying and Selling for American National BankShares.
How do I buy shares of American National BankShares?
Shares of AMNB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is American National BankShares' stock price today?
One share of AMNB stock can currently be purchased for approximately $40.80.
How big of a company is American National BankShares?
American National BankShares has a market capitalization of $354.99 million and generates $77.26 million in revenue each year. The financial services provider earns $15.24 million in net income (profit) each year or $2.07 on an earnings per share basis. American National BankShares employs 328 workers across the globe.
How can I contact American National BankShares?
American National BankShares' mailing address is 628 MAIN STREET, DANVILLE VA, 24541. The financial services provider can be reached via phone at 434-792-5111 or via email at [email protected]
MarketBeat Community Rating for American National BankShares (NASDAQ AMNB)
MarketBeat's community ratings are surveys of what our community members think about American National BankShares and other stocks. Vote "Outperform" if you believe AMNB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AMNB will underperform the S&P 500 over the long term. You may vote once every thirty days.
