Go Pro
→ The cat is out the bag (From Porter & Company) (Ad)tc pixel Free VABK Stock Alerts

Virginia National Bankshares (VABK) Financials

Virginia National Bankshares logo
$47.16 +0.98 (+2.11%)
As of 10:06 AM Eastern
This is a fair market value price provided by Massive. Learn more.
Compare
Annual Income Statements for Virginia National Bankshares

Annual Income Statements for Virginia National Bankshares

This table shows Virginia National Bankshares' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 3.12 5.75 6.55 8.47 6.69 7.98 10 23 19 17 19
Consolidated Net Income / (Loss)		 3.12 5.75 6.55 8.47 6.69 7.98 10 23 19 17 19
Net Income / (Loss) Continuing Operations		 3.12 5.75 6.55 8.47 6.69 7.98 10 23 19 17 19
Total Pre-Tax Income 		4.32 8.35 11 11 8.22 10 12 29 23 21 24
Total Revenue		 21 24 27 28 27 30 55 67 58 54 58
Net Interest Income / (Expense)		 16 18 21 23 22 24 45 54 49 46 52
Total Interest Income		 17 19 23 26 26 27 48 57 70 76 77
Loans and Leases Interest Income		 15 18 21 24 24 25 44 44 56 67 70
Investment Securities Interest Income		 2.47 1.39 1.51 1.56 1.56 2.18 4.00 9.95 13 8.42 6.67
Deposits and Money Market Investments Interest Income		 - - - - - 0.00 0.23 1.47 0.50 0.21 0.17
Federal Funds Sold and Securities Borrowed Interest Income		 0.06 0.13 0.24 0.21 0.46 0.10 0.14 1.09 0.21 0.77 0.84
Total Interest Expense		 0.97 0.94 1.23 2.79 4.27 3.35 3.28 3.18 21 30 26
Deposits Interest Expense		 0.93 0.89 1.13 2.39 4.18 3.28 3.42 2.98 19 27 24
Long-Term Debt Interest Expense		 - - - - - 0.07 -0.13 0.20 2.25 2.04 2.16
Federal Funds Purchased and Securities Sold Interest Expense		 0.05 0.04 0.10 0.40 0.09 - - 0.00 0.14 0.03 0.03
Total Non-Interest Income		 4.87 5.48 5.88 5.53 5.55 6.57 10 14 9.10 7.59 6.09
Other Service Charges		 2.48 2.86 1.96 2.30 2.36 3.55 5.01 5.64 5.00 4.35 3.68
Net Realized & Unrealized Capital Gains on Investments		 0.10 0.18 -0.08 -0.03 0.07 0.74 0.08 1.45 0.37 0.94 0.28
Investment Banking Income		 - - - 0.57 1.04 1.83 4.66 3.21 1.98 1.15 0.89
Other Non-Interest Income		 0.58 0.48 0.66 1.03 2.08 0.44 0.71 3.36 1.76 1.16 1.24
Provision for Credit Losses		 0.46 0.11 0.42 1.87 1.38 1.62 1.01 0.11 0.73 -0.60 0.14
Total Non-Interest Expense		 16 15 16 16 18 19 43 39 34 34 33
Salaries and Employee Benefits		 8.87 7.81 8.28 8.04 9.25 9.47 16 17 16 16 16
Net Occupancy & Equipment Expense		 2.49 2.43 3.39 3.42 3.49 3.48 7.33 8.15 7.58 7.03 6.25
Marketing Expense		 - - - - - 0.41 0.92 1.22 1.10 0.73 0.76
Property & Liability Insurance Claims		 - - - - - 0.19 0.86 0.51 0.71 0.70 0.79
Other Operating Expenses		 5.04 5.05 4.21 4.56 5.15 4.07 8.47 9.49 7.28 7.97 8.78
Amortization Expense		 - - - - - 0.00 1.39 1.68 1.49 1.30 1.11
Impairment Charge		 - - - - - - 0.00 0.24 0.00 0.00 0.00
Income Tax Expense		 1.20 2.60 4.40 2.07 1.53 2.07 1.85 5.11 4.01 3.93 4.82
Basic Earnings per Share		 $1.23 $2.43 $2.61 $3.18 $2.49 $2.95 $2.16 $4.40 $3.60 $3.16 $3.57
Weighted Average Basic Shares Outstanding		 2.36M 2.38M 2.42M 2.56M 2.69M 2.71M 5.33M 5.34M 5.39M 5.39M 5.42M
Diluted Earnings per Share		 $1.23 $2.41 $2.58 $3.15 $2.49 $2.95 $2.14 $4.38 $3.58 $3.15 $3.55
Weighted Average Diluted Shares Outstanding		 2.36M 2.38M 2.42M 2.56M 2.69M 2.71M 5.33M 5.34M 5.39M 5.39M 5.42M
Weighted Average Basic & Diluted Shares Outstanding		 2.36M 2.38M 2.42M 2.56M 2.69M 2.71M 5.33M 5.34M 5.39M 5.39M 5.42M
Cash Dividends to Common per Share		 $0.38 $0.49 $0.64 $1.09 $1.20 $1.20 $1.20 $1.20 $1.32 $1.32 $1.41

Quarterly Income Statements for Virginia National Bankshares

This table shows Virginia National Bankshares' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Income / (Loss) Attributable to Common Shareholders		 3.17 3.65 4.16 4.60 4.56 4.49 4.24 4.58 5.96 5.26 9.01
Consolidated Net Income / (Loss)		 3.17 3.65 4.16 4.60 4.56 4.49 4.24 4.58 5.96 5.26 9.01
Net Income / (Loss) Continuing Operations		 3.17 3.65 4.16 4.60 4.56 4.49 4.24 4.58 5.96 5.26 9.01
Total Pre-Tax Income 		3.80 4.32 5.09 5.65 5.85 5.39 5.42 5.69 7.58 6.53 11
Total Revenue		 13 13 13 13 15 14 14 14 15 14 20
Net Interest Income / (Expense)		 11 11 11 12 12 12 13 13 13 13 14
Total Interest Income		 18 19 19 19 19 19 19 19 20 19 19
Loans and Leases Interest Income		 15 16 16 17 17 17 17 18 18 17 18
Investment Securities Interest Income		 3.31 2.60 2.20 1.84 1.77 1.75 1.70 1.63 1.59 1.52 1.48
Federal Funds Sold and Securities Borrowed Interest Income		 0.06 0.24 0.16 0.14 0.23 0.18 0.06 0.28 0.30 0.49 0.29
Other Interest Income		 - - - - - - 0.05 - - - 0.05
Total Interest Expense		 7.32 7.62 7.48 7.38 7.06 6.71 6.34 6.40 6.29 5.97 5.75
Deposits Interest Expense		 6.55 7.04 7.00 6.97 6.47 6.13 5.66 5.81 5.95 5.71 5.49
Long-Term Debt Interest Expense		 1.08 0.57 0.47 0.40 1.08 0.58 0.66 0.59 0.33 0.26 0.27
Federal Funds Purchased and Securities Sold Interest Expense		 0.03 0.01 0.01 0.01 0.00 0.01 0.02 0.00 - 0.00 0.00
Total Non-Interest Income		 2.14 2.18 1.69 1.45 2.27 1.76 1.31 1.35 1.67 1.49 6.03
Other Service Charges		 1.13 1.06 1.17 0.92 1.20 0.96 0.80 0.81 1.11 0.95 0.82
Net Realized & Unrealized Capital Gains on Investments		 -0.02 0.41 -0.00 0.00 0.53 0.28 0.00 0.00 - 0.01 4.66
Investment Banking Income		 0.76 0.43 0.24 0.24 0.25 0.23 0.21 0.22 0.24 0.22 0.21
Other Non-Interest Income		 0.27 0.28 0.29 0.29 0.30 0.29 0.31 0.32 0.32 0.32 0.33
Provision for Credit Losses		 0.79 -0.02 -0.34 -0.11 -0.13 -0.16 0.00 0.33 -0.04 -0.34 0.23
Total Non-Interest Expense		 8.30 8.82 8.12 7.94 8.78 8.82 8.68 8.40 7.48 8.20 8.27
Salaries and Employee Benefits		 3.85 4.15 3.85 3.77 4.16 3.94 3.86 3.91 3.98 4.00 4.03
Net Occupancy & Equipment Expense		 1.72 1.88 1.61 1.80 1.73 1.94 1.82 1.63 0.86 1.52 1.54
Marketing Expense		 0.19 0.25 0.16 0.17 0.16 0.25 0.18 0.17 0.16 0.27 0.25
Property & Liability Insurance Claims		 0.17 0.27 0.19 0.13 0.20 0.15 0.15 0.26 -0.22 0.18 0.19
Other Operating Expenses		 2.02 1.93 1.98 1.76 2.22 2.26 2.39 2.17 2.43 2.00 2.02
Amortization Expense		 0.36 0.34 0.33 0.32 0.31 0.30 0.28 0.27 0.26 0.25 0.24
Income Tax Expense		 0.63 0.67 0.93 1.05 1.29 0.90 1.19 1.11 1.62 1.27 2.27
Basic Earnings per Share		 $0.60 $0.68 $0.77 $0.86 $0.85 $0.83 $0.79 $0.85 $1.10 $0.97 $1.66
Weighted Average Basic Shares Outstanding		 5.39M 5.37M 5.38M 5.37M 5.39M 5.38M 5.39M 5.39M 5.42M 5.41M 5.42M
Diluted Earnings per Share		 $0.59 $0.68 $0.77 $0.85 $0.85 $0.83 $0.78 $0.84 $1.10 $0.97 $1.65
Weighted Average Diluted Shares Outstanding		 5.39M 5.38M 5.39M 5.40M 5.39M 5.40M 5.42M 5.42M 5.42M 5.44M 5.46M
Weighted Average Basic & Diluted Shares Outstanding		 5.39M 5.37M 5.37M 5.37M 5.39M 5.39M 5.39M 5.39M 5.42M 5.42M 5.43M

Annual Cash Flow Statements for Virginia National Bankshares

This table details how cash moves in and out of Virginia National Bankshares' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 -11 -5.03 -20 0.60 0.21 16 474 -469 -12 -11 54
Net Cash From Operating Activities		 5.54 5.29 8.80 12 9.35 9.25 13 23 14 15 21
Net Cash From Continuing Operating Activities		 5.54 5.29 8.80 12 9.35 9.25 13 23 14 15 21
Net Income / (Loss) Continuing Operations		 3.12 5.75 6.55 8.47 6.69 7.98 10 23 19 17 19
Consolidated Net Income / (Loss)		 3.12 5.75 6.55 8.47 6.69 7.98 10 23 19 17 19
Provision For Loan Losses		 0.46 0.11 0.42 1.87 1.38 1.62 1.01 0.11 0.73 -0.60 0.14
Depreciation Expense		 1.16 1.18 1.14 1.12 1.11 1.87 2.94 3.34 3.28 2.96 2.88
Amortization Expense		 0.72 0.54 0.53 0.38 0.37 0.81 3.00 1.38 -0.95 1.83 1.92
Non-Cash Adjustments to Reconcile Net Income		 0.05 -0.51 0.43 -0.58 -0.25 -1.13 -2.93 -3.42 -7.61 -3.68 -2.18
Changes in Operating Assets and Liabilities, net		 0.02 -1.77 -0.27 0.50 0.04 -1.90 -1.03 -2.16 -0.81 -2.18 -0.68
Net Cash From Investing Activities		 -44 -43 -61 -4.44 -55 -130 262 -167 -20 16 32
Net Cash From Continuing Investing Activities		 -44 -43 -61 -4.44 -55 -130 262 -167 -20 16 32
Purchase of Property, Leasehold Improvements and Equipment		 -0.37 -0.59 -0.46 -0.85 -0.19 -0.20 -1.29 -0.55 -1.17 -0.73 -0.58
Purchase of Investment Securities		 -137 -78 -95 -0.10 -80 -239 79 -196 -234 -140 0.18
Sale of Property, Leasehold Improvements and Equipment		 0.00 0.01 - - - 0.00 0.03 6.31 2.36 0.10 3.27
Sale and/or Maturity of Investments		 94 36 34 14 30 109 185 23 213 156 29
Net Cash From Financing Activities		 28 33 32 -6.72 46 136 199 -324 -5.88 -42 0.38
Net Cash From Continuing Financing Activities		 28 33 32 -6.72 46 136 199 -324 -5.88 -42 0.38
Net Change in Deposits		 30 38 18 30 49 110 248 -318 -69 14 8.19
Repayment of Debt		 - - - -15 - 30 -43 - 67 -46 0.00
Repurchase of Common Equity		 -6.34 -1.26 - - - - - - 0.00 -0.56 0.00
Payment of Dividends		 -0.89 -1.09 -1.39 -2.47 -3.15 -3.25 -6.41 -6.39 -7.07 -7.09 -7.60
Other Financing Activities, Net		 5.18 -3.28 0.37 -19 0.10 0.00 0.03 0.02 3.94 -3.23 -0.20
Cash Interest Paid		 0.99 0.94 1.23 2.66 4.22 3.49 3.27 3.20 22 30 26
Cash Income Taxes Paid		 0.90 2.69 3.78 2.47 1.93 2.75 1.22 4.45 3.81 3.58 4.43

Quarterly Cash Flow Statements for Virginia National Bankshares

This table details how cash moves in and out of Virginia National Bankshares' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Change in Cash & Equivalents		 10 17 -28 1.87 -2.06 12 8.95 -15 48 6.25 0.48
Net Cash From Operating Activities		 3.21 3.17 -6.42 15 3.36 2.09 6.74 5.98 6.53 7.24 3.50
Net Cash From Continuing Operating Activities		 3.21 3.17 -6.42 15 3.36 2.09 6.74 5.98 6.53 7.24 3.50
Net Income / (Loss) Continuing Operations		 3.17 3.65 4.16 4.60 4.56 4.49 4.24 4.58 5.96 5.26 9.01
Consolidated Net Income / (Loss)		 3.17 3.65 4.16 4.60 4.56 4.49 4.24 4.58 5.96 5.26 9.01
Provision For Loan Losses		 0.79 -0.02 -0.34 -0.11 -0.13 -0.16 0.00 0.33 -0.04 -0.34 0.23
Depreciation Expense		 0.75 0.74 0.74 0.74 0.73 0.77 0.79 -0.46 1.78 0.55 0.55
Amortization Expense		 -0.34 0.29 0.50 0.52 0.51 0.50 0.48 0.48 0.46 0.44 0.42
Non-Cash Adjustments to Reconcile Net Income		 -1.09 -1.07 -0.60 -0.99 -1.05 -0.85 -0.57 -0.55 -0.21 -0.42 -5.27
Changes in Operating Assets and Liabilities, net		 -0.08 -0.41 -11 10 -1.27 -2.64 1.80 1.60 -1.43 1.76 -1.44
Net Cash From Investing Activities		 -57 43 26 -41 -13 1.73 8.30 16 6.06 5.96 16
Net Cash From Continuing Investing Activities		 -57 43 26 -41 -13 1.73 8.30 16 6.06 5.96 16
Purchase of Property, Leasehold Improvements and Equipment		 -0.30 -0.03 -0.40 -0.12 -0.18 -0.26 -0.03 0.07 -0.36 -0.21 -0.09
Purchase of Investment Securities		 -86 -35 -29 -56 -18 -5.93 -1.30 9.65 -2.22 0.37 4.01
Sale and/or Maturity of Investments		 29 78 56 15 5.37 4.87 9.63 6.00 8.42 5.74 13
Net Cash From Financing Activities		 64 -29 -48 27 7.09 8.65 -6.09 -37 35 -6.95 -19
Net Cash From Continuing Financing Activities		 64 -29 -48 27 7.09 8.65 -6.09 -37 35 -6.95 -19
Net Change in Deposits		 39 23 -58 6.06 44 11 -45 -4.18 47 -5.00 -18
Payment of Dividends		 -1.77 -1.77 -1.77 -1.77 -1.77 -1.78 -1.94 -1.94 -1.94 -1.95 -1.95
Cash Interest Paid		 11 7.10 8.03 7.42 7.23 6.85 6.65 6.26 6.38 6.02 5.80
Cash Income Taxes Paid		 0.23 - - 0.85 1.20 0.00 - 1.09 1.25 0.00 2.44

Annual Balance Sheets for Virginia National Bankshares

This table presents Virginia National Bankshares' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 567 605 644 645 703 848 1,972 1,623 1,646 1,617 1,650
Cash and Due from Banks		 14 10 11 12 15 8.12 20 21 18 5.31 5.80
Federal Funds Sold		 29 28 6.89 7.13 4.18 27 152 0.05 0.00 0.00 54
Interest Bearing Deposits at Other Banks		 - - - - - 0.00 336 19 10 12 11
Trading Account Securities		 75 57 68 61 114 174 304 538 421 264 248
Loans and Leases, Net of Allowance		 420 478 525 532 535 604 1,055 931 1,084 1,228 1,229
Loans and Leases		 424 482 529 537 540 609 1,061 936 1,093 1,236 1,238
Allowance for Loan and Lease Losses		 3.57 3.69 4.04 4.89 4.21 5.46 5.98 5.55 8.40 8.46 8.27
Premises and Equipment, Net		 8.67 8.05 7.37 7.04 6.15 5.24 25 18 16 15 12
Goodwill		 0.00 0.37 0.37 0.37 0.37 0.37 8.14 7.77 7.77 7.77 7.77
Intangible Assets		 0.00 0.68 0.58 0.48 0.41 0.34 8.55 6.59 5.09 3.79 2.68
Other Assets		 20 22 25 24 27 30 63 82 84 82 80
Total Liabilities & Shareholders' Equity		 567 605 644 645 703 848 1,972 1,623 1,646 1,617 1,650
Total Liabilities		 511 546 579 574 627 766 1,810 1,490 1,493 1,457 1,466
Non-Interest Bearing Deposits		 185 176 193 186 167 210 522 496 373 374 362
Interest Bearing Deposits		 302 349 350 387 454 521 1,274 983 1,036 1,049 1,069
Federal Funds Purchased and Securities Sold		 - - - - - - - 0.00 3.46 0.24 0.00
Short-Term Debt		 23 20 34 - - - - 0.00 67 20 20
Other Short-Term Payables		 1.57 1.63 - 1.53 - 1.46 - 2.02 - 3.85 4.10
Long-Term Debt		 - - - - 0.00 30 3.37 3.41 3.46 3.51 3.55
Other Long-Term Liabilities		 - - 1.73 - 5.31 3.59 11 6.17 10 5.39 6.19
Commitments & Contingencies		 - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 56 59 65 71 76 83 162 133 153 160 184
Total Preferred & Common Equity		 56 59 65 71 76 83 162 133 153 160 184
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 56 59 65 71 76 83 162 133 153 160 184
Common Stock		 28 27 28 33 39 39 118 119 119 120 121
Retained Earnings		 28 33 38 39 37 42 46 63 74 83 94
Accumulated Other Comprehensive Income / (Loss)		 -0.12 -0.78 -0.88 -1.28 -0.04 1.46 -2.21 -49 -40 -42 -31

Quarterly Balance Sheets for Virginia National Bankshares

This table presents Virginia National Bankshares' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026 Q2 2026
Period end date 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026 6/30/2026
Total Assets		 1,563 1,619 1,574 1,615 1,634 1,635 1,606 1,648 1,638
Cash and Due from Banks		 7.42 7.16 8.79 10 17 6.00 6.17 8.50 36
Federal Funds Sold		 1.02 28 0.00 0.00 3.34 23 7.96 58 32
Interest Bearing Deposits at Other Banks		 9.96 11 8.52 8.98 9.66 9.84 8.97 11 9.69
Trading Account Securities		 391 342 285 279 263 255 253 240 235
Loans and Leases, Net of Allowance		 1,013 1,120 -8.03 1,207 1,234 1,233 1,226 1,230 1,226
Loans and Leases		 1,021 1,128 - 1,216 1,242 1,242 1,235 1,238 1,234
Allowance for Loan and Lease Losses		 7.80 8.29 8.03 8.52 8.33 8.35 8.51 7.98 8.12
Premises and Equipment, Net		 16 16 16 16 12 12 12 12 12
Goodwill		 7.77 7.77 7.77 7.77 7.77 7.77 7.77 7.77 7.77
Intangible Assets		 5.45 4.75 4.42 4.10 3.50 3.21 2.94 2.44 2.20
Other Assets		 111 84 1,252 82 84 85 81 79 79
Total Liabilities & Shareholders' Equity		 1,563 1,619 1,574 1,615 1,634 1,635 1,606 1,648 1,638
Total Liabilities		 1,427 1,467 1,420 1,449 1,467 1,464 1,429 1,462 1,444
Non-Interest Bearing Deposits		 399 382 358 360 379 385 362 355 367
Interest Bearing Deposits		 971 1,050 1,016 1,020 1,055 1,005 1,023 1,071 1,042
Federal Funds Purchased and Securities Sold		 0.00 0.00 2.44 3.11 0.00 0.00 0.00 0.00 0.00
Short-Term Debt		 43 20 30 53 20 61 30 20 20
Other Short-Term Payables		 3.28 5.03 3.79 - 4.49 3.67 4.10 5.54 5.26
Long-Term Debt		 3.45 3.47 3.48 3.50 3.52 3.53 3.54 3.57 3.58
Other Long-Term Liabilities		 6.82 6.45 6.10 9.86 5.03 6.89 6.54 5.84 5.47
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 136 153 154 166 167 171 177 186 195
Total Preferred & Common Equity		 136 153 154 166 167 171 177 186 195
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 136 153 154 166 167 171 177 186 195
Common Stock		 119 119 119 119 120 120 120 121 121
Retained Earnings		 72 76 78 81 85 88 90 97 105
Accumulated Other Comprehensive Income / (Loss)		 -56 -43 -43 -34 -38 -37 -33 -32 -31

Annual Metrics And Ratios for Virginia National Bankshares

This table displays calculated financial ratios and metrics derived from Virginia National Bankshares' official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 2,435,874.00 2,368,777.00 2,410,680.00 2,543,452.00 2,692,005.00 2,714,273.00 5,308,335.00 5,327,271.00 5,365,982.00 - 5,393,139.00
DEI Adjusted Shares Outstanding		 2,435,874.00 2,368,777.00 2,410,680.00 2,543,452.00 2,692,005.00 2,714,273.00 5,308,335.00 5,327,271.00 5,365,982.00 - 5,393,139.00
DEI Earnings Per Adjusted Shares Outstanding		 1.28 2.43 2.72 3.33 2.48 2.94 1.90 4.40 3.59 - 3.57
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 5.63% 12.17% 14.73% 4.29% -3.35% 10.81% 82.15% 21.20% -13.60% -7.07% 6.74%
EBITDA Growth		 46.21% 62.21% 25.40% -4.61% -19.40% 31.11% 40.37% 86.28% -23.05% 0.32% 12.44%
EBIT Growth		 83.43% 93.38% 31.22% -3.81% -22.04% 22.24% 18.66% 139.54% -18.47% -10.20% 15.23%
NOPAT Growth		 64.44% 84.17% 14.02% 29.23% -21.03% 19.27% 26.23% 132.73% -17.81% -11.92% 13.53%
Net Income Growth		 64.44% 84.17% 14.02% 29.23% -21.03% 19.27% 26.23% 132.73% -17.81% -11.92% 13.53%
EPS Growth		 75.71% 95.94% 7.05% 22.09% -20.95% 18.47% -27.46% 104.67% -18.26% -12.01% 12.70%
Operating Cash Flow Growth		 -27.53% -4.48% 66.19% 33.68% -20.51% -1.00% 41.20% 73.63% -38.71% 9.97% 39.54%
Free Cash Flow Firm Growth		 195.59% 180.92% -315.43% 365.86% -96.41% -2,253.55% -49.70% 221.74% -228.76% 183.93% -108.27%
Invested Capital Growth		 1.05% -0.88% 25.96% -28.69% 7.58% 47.95% 46.85% -17.25% 62.98% -17.57% 13.01%
Revenue Q/Q Growth		 -1.32% 3.94% 4.49% -2.41% -0.25% 5.77% 14.07% 4.55% -8.54% 3.08% 0.90%
EBITDA Q/Q Growth		 14.27% 6.24% 6.94% -7.44% -7.48% 24.07% 24.93% 3.61% -15.36% 12.62% 10.48%
EBIT Q/Q Growth		 23.37% 7.71% 8.51% -8.15% -3.61% 19.11% 26.97% 10.59% -17.28% 10.88% 7.76%
NOPAT Q/Q Growth		 20.69% 7.22% -4.84% 6.65% -3.62% 17.44% 35.98% 8.20% -16.80% 8.95% 7.82%
Net Income Q/Q Growth		 20.69% 7.22% -4.84% 6.65% -3.62% 17.44% 35.98% 8.20% -16.80% 8.95% 7.82%
EPS Q/Q Growth		 23.00% 8.07% -6.18% 4.30% -1.97% 17.53% 0.00% 8.68% -16.94% 9.00% 7.58%
Operating Cash Flow Q/Q Growth		 6.93% -11.90% 21.73% 4.77% 25.28% -18.86% 34.75% -3.13% -12.72% 1.00% 17.43%
Free Cash Flow Firm Q/Q Growth		 131.58% -23.08% 37.28% 57.30% -92.52% 25.18% -20.57% -6.46% -125.67% 332.48% -116.09%
Invested Capital Q/Q Growth		 4.77% 8.15% -2.60% -18.04% 0.73% -6.52% 1.28% 5.76% 22.41% -17.17% -1.51%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 29.30% 42.37% 46.31% 42.36% 35.32% 41.79% 32.21% 49.50% 44.08% 47.59% 50.13%
EBIT Margin		 20.39% 35.15% 40.20% 37.08% 29.90% 32.99% 21.49% 42.47% 40.08% 38.73% 41.81%
Profit (Net Income) Margin		 14.74% 24.20% 24.05% 29.80% 24.35% 26.21% 18.16% 34.87% 33.17% 31.44% 33.44%
Tax Burden Percent		 72.28% 68.84% 59.82% 80.37% 81.41% 79.44% 84.51% 82.11% 82.77% 81.18% 79.98%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 27.72% 31.16% 40.18% 19.63% 18.59% 20.56% 15.49% 17.89% 17.23% 18.82% 20.02%
Return on Invested Capital (ROIC)		 3.95% 7.27% 7.37% 9.97% 9.11% 8.46% 7.25% 15.51% 10.71% 8.34% 9.84%
ROIC Less NNEP Spread (ROIC-NNEP)		 3.95% 7.27% 7.37% 9.97% 0.00% 8.46% 7.25% 15.51% 10.71% 8.34% 9.84%
Return on Net Nonoperating Assets (RNNOA)		 1.39% 2.70% 3.19% 2.50% 0.00% 1.60% 0.99% 0.36% 2.74% 2.49% 1.34%
Return on Equity (ROE)		 5.34% 9.97% 10.56% 12.47% 0.00% 10.05% 8.24% 15.87% 13.45% 10.83% 11.18%
Cash Return on Invested Capital (CROIC)		 2.90% 8.15% -15.61% 43.46% 1.80% -30.22% -30.71% 34.39% -37.19% 27.61% -2.37%
Operating Return on Assets (OROA)		 0.78% 1.42% 1.75% 1.64% 1.22% 1.30% 0.85% 1.59% 1.42% 1.28% 1.47%
Return on Assets (ROA)		 0.57% 0.98% 1.05% 1.31% 0.99% 1.03% 0.71% 1.30% 1.18% 1.04% 1.18%
Return on Common Equity (ROCE)		 5.34% 9.97% 10.56% 12.47% 0.00% 10.05% 8.24% 15.87% 13.45% 10.83% 11.18%
Return on Equity Simple (ROE_SIMPLE)		 5.54% 9.73% 10.07% 11.97% 8.79% 9.66% 6.22% 17.57% 12.59% 10.58% 10.46%
Net Operating Profit after Tax (NOPAT)		 3.12 5.75 6.55 8.47 6.69 7.98 10 23 19 17 19
NOPAT Margin		 14.74% 24.20% 24.05% 29.80% 24.35% 26.21% 18.16% 34.87% 33.17% 31.44% 33.44%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 53.63% 43.12% 42.82% 40.31% 46.37% 43.86% 43.97% 39.63% 42.32% 43.90% 39.42%
Operating Expenses to Revenue		 77.43% 64.39% 58.27% 56.34% 65.09% 61.68% 76.68% 57.37% 58.66% 62.38% 57.96%
Earnings before Interest and Taxes (EBIT)		 4.32 8.35 11 11 8.22 10 12 29 23 21 24
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 6.21 10 13 12 9.70 13 18 33 26 26 29
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.89 0.83 0.76 1.33 1.19 0.73 1.13 1.38 1.15 1.27 1.16
Price to Tangible Book Value (P/TBV)		 0.89 0.84 0.78 1.35 1.20 0.74 1.26 1.54 1.25 1.37 1.23
Price to Revenue (P/Rev)		 2.37 2.06 1.82 3.32 3.30 1.99 3.29 2.74 3.03 3.77 3.70
Price to Earnings (P/E)		 16.10 8.50 7.59 11.13 13.55 7.59 18.14 7.84 9.13 11.98 11.06
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.62% 3.48% 4.94% 3.49% 4.41%
Earnings Yield		 6.21% 11.77% 13.18% 8.99% 7.38% 13.17% 5.51% 12.75% 10.95% 8.35% 9.04%
Enterprise Value to Invested Capital (EV/IC)		 0.38 0.38 0.66 1.07 0.94 0.50 0.00 1.08 0.98 1.14 0.80
Enterprise Value to Revenue (EV/Rev)		 1.41 1.27 2.40 2.65 2.60 1.84 0.00 2.19 3.74 3.89 2.88
Enterprise Value to EBITDA (EV/EBITDA)		 4.81 2.99 5.19 6.26 7.37 4.39 0.00 4.42 8.50 8.16 5.75
Enterprise Value to EBIT (EV/EBIT)		 6.92 3.60 5.98 7.15 8.71 5.57 0.00 5.15 9.34 10.03 6.89
Enterprise Value to NOPAT (EV/NOPAT)		 9.57 5.23 10.00 8.90 10.69 7.01 0.00 6.28 11.29 12.36 8.62
Enterprise Value to Operating Cash Flow (EV/OCF)		 5.39 5.68 7.45 6.41 7.65 6.04 0.00 6.48 15.64 13.71 7.78
Enterprise Value to Free Cash Flow (EV/FCFF)		 13.01 4.66 0.00 2.04 54.02 0.00 0.00 2.83 0.00 3.73 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.41 0.33 0.52 0.00 0.00 0.36 0.02 0.03 0.46 0.15 0.13
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.36 0.02 0.03 0.02 0.02 0.02
Financial Leverage		 0.35 0.37 0.43 0.25 0.00 0.19 0.14 0.02 0.26 0.30 0.14
Leverage Ratio		 9.45 10.16 10.06 9.49 9.18 9.77 11.53 12.17 11.41 10.41 9.48
Compound Leverage Factor		 9.45 10.16 10.06 9.49 9.18 9.77 11.53 12.17 11.41 10.41 9.48
Debt to Total Capital		 29.14% 25.01% 34.37% 0.00% 0.00% 26.64% 2.04% 2.49% 31.37% 12.79% 11.34%
Short-Term Debt to Total Capital		 29.14% 25.01% 34.37% 0.00% 0.00% 0.00% 0.00% 0.00% 29.82% 10.88% 9.63%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 26.64% 2.04% 2.49% 1.55% 1.91% 1.71%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 70.86% 74.99% 65.63% 100.00% 100.00% 73.36% 97.96% 97.51% 68.63% 87.21% 88.66%
Debt to EBITDA		 3.73 1.96 2.70 0.00 0.00 2.36 0.19 0.10 2.73 0.92 0.82
Net Debt to EBITDA		 -3.28 -1.87 1.25 0.00 0.00 -0.37 -28.30 -1.10 1.62 0.25 -1.63
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 2.36 0.19 0.10 0.14 0.14 0.12
Debt to NOPAT		 7.42 3.43 5.20 0.00 0.00 3.76 0.33 0.15 3.63 1.39 1.22
Net Debt to NOPAT		 -6.53 -3.27 2.41 0.00 0.00 -0.59 -50.19 -1.57 2.16 0.38 -2.44
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 3.76 0.33 0.15 0.18 0.21 0.18
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 2.30 6.45 -14 37 1.32 -29 -43 52 -67 56 -4.65
Operating Cash Flow to CapEx		 1,509.54% 917.16% 1,899.57% 1,389.72% 4,944.97% 4,649.75% 1,037.73% 0.00% 0.00% 2,430.84% 0.00%
Free Cash Flow to Firm to Interest Expense		 2.36 6.88 -11.26 13.23 0.31 -8.51 -13.00 16.32 -3.18 1.90 -0.18
Operating Cash Flow to Interest Expense		 5.69 5.65 7.13 4.21 2.19 2.76 3.98 7.12 0.66 0.52 0.83
Operating Cash Flow Less CapEx to Interest Expense		 5.31 5.03 6.75 3.91 2.14 2.70 3.60 8.94 0.72 0.50 0.93
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.03 0.04
Fixed Asset Turnover		 2.34 2.84 3.54 3.94 4.17 5.35 3.66 3.13 3.42 3.42 4.26
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 79 79 99 71 76 113 165 137 223 184 208
Invested Capital Turnover		 0.27 0.30 0.31 0.33 0.37 0.32 0.40 0.44 0.32 0.27 0.29
Increase / (Decrease) in Invested Capital		 0.83 -0.70 20 -28 5.37 36 53 -29 86 -39 24
Enterprise Value (EV)		 30 30 66 75 72 56 -323 147 217 210 166
Market Capitalization		 50 49 50 94 91 61 183 184 176 203 213
Book Value per Share		 $23.11 $24.93 $27.01 $27.81 $28.27 $30.43 $30.52 $25.04 $28.52 $29.85 $34.15
Tangible Book Value per Share		 $23.11 $24.49 $26.61 $27.48 $27.98 $30.17 $27.37 $22.35 $26.12 $27.69 $32.21
Total Capital		 79 79 99 71 76 113 165 137 223 184 208
Total Debt		 23 20 34 0.00 0.00 30 3.37 3.41 70 24 24
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 30 3.37 3.41 3.46 3.51 3.55
Net Debt		 -20 -19 16 -19 -19 -4.70 -505 -37 42 6.40 -47
Capital Expenditures (CapEx)		 0.37 0.58 0.46 0.85 0.19 0.20 1.26 -5.77 -1.19 0.63 -2.69
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 23 20 34 0.00 0.00 30 3.37 3.41 70 24 24
Total Depreciation and Amortization (D&A)		 1.89 1.72 1.67 1.50 1.49 2.68 5.94 4.72 2.33 4.78 4.79
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.23 $2.43 $2.74 $3.33 $2.49 $2.94 $2.16 $4.40 $3.60 $3.16 $3.57
Adjusted Weighted Average Basic Shares Outstanding		 2.36M 2.38M 2.42M 2.56M 2.69M 2.71M 5.33M 5.34M 5.39M 5.39M 5.42M
Adjusted Diluted Earnings per Share		 $1.23 $2.41 $2.71 $3.31 $2.49 $2.94 $2.14 $4.38 $3.58 $3.15 $3.55
Adjusted Weighted Average Diluted Shares Outstanding		 2.36M 2.38M 2.42M 2.56M 2.69M 2.71M 5.33M 5.34M 5.39M 5.39M 5.42M
Adjusted Basic & Diluted Earnings per Share		 $1.23 $2.43 $2.74 $0.00 $2.49 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 2.36M 2.38M 2.42M 2.56M 2.69M 2.71M 5.33M 5.34M 5.39M 5.39M 5.42M
Normalized Net Operating Profit after Tax (NOPAT)		 3.12 5.75 6.55 8.47 6.69 8.76 16 24 19 17 19
Normalized NOPAT Margin		 14.74% 24.20% 24.05% 29.80% 24.35% 28.78% 29.47% 35.17% 33.17% 31.44% 33.44%
Pre Tax Income Margin		 20.39% 35.15% 40.20% 37.08% 29.90% 32.99% 21.49% 42.47% 40.08% 38.73% 41.81%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 4.43 8.91 8.88 3.78 1.92 3.00 3.63 8.97 1.11 0.71 0.94
NOPAT to Interest Expense		 3.20 6.13 5.31 3.04 1.57 2.38 3.07 7.36 0.92 0.57 0.75
EBIT Less CapEx to Interest Expense		 4.06 8.30 8.50 3.47 1.88 2.94 3.25 10.78 1.16 0.69 1.04
NOPAT Less CapEx to Interest Expense		 2.83 5.52 4.94 2.73 1.52 2.32 2.68 9.17 0.97 0.55 0.85
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 28.55% 19.00% 21.13% 29.11% 47.08% 40.71% 63.63% 27.27% 36.72% 41.77% 39.47%
Augmented Payout Ratio		 231.75% 40.92% 21.13% 29.11% 47.08% 40.71% 63.63% 27.27% 36.72% 45.07% 39.47%

Quarterly Metrics And Ratios for Virginia National Bankshares

This table displays calculated financial ratios and metrics derived from Virginia National Bankshares' official financial filings.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
DEI Shares Outstanding		 5,365,982.00 5,390,388.00 5,370,912.00 5,370,912.00 - 5,391,979.00 5,391,979.00 5,391,979.00 5,393,139.00 5,422,082.00 5,422,513.00
DEI Adjusted Shares Outstanding		 5,365,982.00 5,390,388.00 5,370,912.00 5,370,912.00 - 5,391,979.00 5,391,979.00 5,391,979.00 5,393,139.00 5,422,082.00 5,422,513.00
DEI Earnings Per Adjusted Shares Outstanding		 0.59 0.68 0.77 0.86 - 0.83 0.79 0.85 1.10 0.97 1.66
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -29.61% -16.41% -18.26% -1.95% 12.52% 7.17% 9.59% 7.03% 3.56% 2.43% 40.21%
EBITDA Growth		 -52.46% -31.21% -15.94% 13.68% 68.34% 24.39% 5.69% -17.47% 38.62% 13.02% 83.04%
EBIT Growth		 -56.15% -38.99% -26.51% 3.10% 53.99% 24.86% 6.58% 0.71% 29.67% 21.19% 108.00%
NOPAT Growth		 -55.11% -37.04% -26.40% -1.14% 43.97% 23.12% 1.90% -0.52% 30.63% 17.15% 112.55%
Net Income Growth		 -55.11% -37.04% -26.40% -1.14% 43.97% 23.12% 1.90% -0.52% 30.63% 17.15% 112.55%
EPS Growth		 -55.30% -37.04% -26.67% -1.16% 44.07% 22.06% 1.30% -1.18% 29.41% 16.87% 111.54%
Operating Cash Flow Growth		 -38.73% -54.79% -306.70% 2,517.41% 4.74% -34.01% 204.95% -60.62% 94.34% 246.27% -48.00%
Free Cash Flow Firm Growth		 -333.27% 8.36% 135.41% 27.04% 152.71% -18.60% -296.88% 144.35% -141.02% -48.59% 159.99%
Invested Capital Growth		 62.98% 7.23% -8.71% 21.81% -17.57% 8.10% 25.40% -4.96% 13.01% 10.39% -7.24%
Revenue Q/Q Growth		 -6.22% 1.75% -1.85% 4.69% 7.62% -3.10% 0.38% 2.24% 4.13% -4.15% 37.41%
EBITDA Q/Q Growth		 -30.75% 26.98% 18.42% 9.18% 2.55% -6.18% 0.62% -14.75% 72.25% -23.51% 62.95%
EBIT Q/Q Growth		 -30.67% 13.70% 17.86% 10.99% 3.54% -7.82% 0.61% 4.87% 33.32% -13.85% 72.69%
NOPAT Q/Q Growth		 -31.91% 15.09% 14.07% 10.60% -0.85% -1.58% -5.59% 7.98% 30.20% -11.73% 71.29%
Net Income Q/Q Growth		 -31.91% 15.09% 14.07% 10.60% -0.85% -1.58% -5.59% 7.98% 30.20% -11.73% 71.29%
EPS Q/Q Growth		 -31.40% 15.25% 13.24% 10.39% 0.00% -2.35% -6.02% 7.69% 30.95% -11.82% 70.10%
Operating Cash Flow Q/Q Growth		 452.93% -1.15% -302.52% 336.46% -77.87% -37.70% 222.08% -11.28% 9.17% 11.00% -51.63%
Free Cash Flow Firm Q/Q Growth		 -72.39% 90.08% 367.93% -259.29% 224.55% -122.31% -344.76% 135.88% -215.21% 19.19% 279.57%
Invested Capital Q/Q Growth		 22.41% -21.05% 6.59% 18.26% -17.17% 3.53% 23.65% -10.37% -1.51% 1.13% 3.90%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 32.67% 40.77% 49.19% 51.30% 48.88% 47.32% 47.44% 39.55% 65.43% 52.22% 61.93%
EBIT Margin		 29.46% 32.92% 39.53% 41.90% 40.32% 38.35% 38.44% 39.43% 50.48% 45.38% 57.03%
Profit (Net Income) Margin		 24.58% 27.80% 32.31% 34.13% 31.45% 31.94% 30.04% 31.73% 39.67% 36.53% 45.54%
Tax Burden Percent		 83.43% 84.46% 81.74% 81.46% 78.01% 83.28% 78.15% 80.46% 78.58% 80.51% 79.86%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 16.57% 15.54% 18.26% 18.54% 21.99% 16.72% 21.85% 19.54% 21.42% 19.49% 20.14%
Return on Invested Capital (ROIC)		 7.93% 9.07% 8.65% 8.84% 8.34% 9.57% 7.98% 8.37% 11.67% 10.57% 12.78%
ROIC Less NNEP Spread (ROIC-NNEP)		 7.93% 9.07% 8.65% 8.84% 8.34% 9.57% 7.98% 8.37% 11.67% 10.57% 12.78%
Return on Net Nonoperating Assets (RNNOA)		 2.03% 1.42% 2.82% 3.00% 2.49% 1.41% 2.41% 2.18% 1.59% 1.41% 3.08%
Return on Equity (ROE)		 9.97% 10.49% 11.46% 11.85% 10.83% 10.98% 10.38% 10.55% 13.27% 11.98% 15.86%
Cash Return on Invested Capital (CROIC)		 -37.19% 3.08% 17.05% -11.96% 27.61% 1.94% -14.08% 13.34% -2.37% 0.13% 18.45%
Operating Return on Assets (OROA)		 1.05% 1.15% 1.32% 1.38% 1.33% 1.29% 1.35% 1.40% 1.78% 1.60% 2.22%
Return on Assets (ROA)		 0.87% 0.97% 1.08% 1.12% 1.04% 1.08% 1.05% 1.12% 1.40% 1.29% 1.77%
Return on Common Equity (ROCE)		 9.97% 10.49% 11.46% 11.85% 10.83% 10.98% 10.38% 10.55% 13.27% 11.98% 15.86%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 11.22% 10.14% 9.39% 0.00% 10.68% 10.47% 10.07% 0.00% 10.74% 12.74%
Net Operating Profit after Tax (NOPAT)		 3.17 3.65 4.16 4.60 4.56 4.49 4.24 4.58 5.96 5.26 9.01
NOPAT Margin		 24.58% 27.80% 32.31% 34.13% 31.45% 31.94% 30.04% 31.73% 39.67% 36.53% 45.54%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 44.66% 47.90% 43.65% 42.57% 41.75% 43.60% 41.58% 39.60% 33.30% 40.16% 29.43%
Operating Expenses to Revenue		 64.38% 67.25% 63.10% 58.94% 60.55% 62.79% 61.54% 58.27% 49.77% 56.96% 41.80%
Earnings before Interest and Taxes (EBIT)		 3.80 4.32 5.09 5.65 5.85 5.39 5.42 5.69 7.58 6.53 11
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 4.21 5.35 6.33 6.91 7.09 6.65 6.69 5.71 9.83 7.52 12
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.15 1.03 1.10 1.30 1.27 1.12 1.17 1.18 1.16 1.11 1.24
Price to Tangible Book Value (P/TBV)		 1.25 1.12 1.20 1.40 1.37 1.21 1.25 1.26 1.23 1.17 1.30
Price to Revenue (P/Rev)		 3.03 2.82 3.23 4.12 3.77 3.42 3.55 3.67 3.70 3.57 3.78
Price to Earnings (P/E)		 9.13 9.14 10.89 13.86 11.98 10.53 11.15 11.71 11.06 10.34 9.70
Dividend Yield		 4.94% 4.55% 4.17% 3.28% 3.49% 3.79% 4.54% 4.41% 4.41% 4.63% 3.24%
Earnings Yield		 10.95% 10.94% 9.19% 7.21% 8.35% 9.49% 8.97% 8.54% 9.04% 9.67% 10.31%
Enterprise Value to Invested Capital (EV/IC)		 0.98 0.76 0.99 1.14 1.14 0.95 0.96 1.04 0.80 0.73 0.86
Enterprise Value to Revenue (EV/Rev)		 3.74 2.42 3.54 4.83 3.89 3.31 4.02 3.85 2.88 2.65 2.94
Enterprise Value to EBITDA (EV/EBITDA)		 8.50 5.80 8.48 11.08 8.16 6.73 8.25 8.41 5.75 5.17 5.29
Enterprise Value to EBIT (EV/EBIT)		 9.34 6.55 9.97 13.41 10.03 8.26 10.11 9.83 6.89 6.10 6.01
Enterprise Value to NOPAT (EV/NOPAT)		 11.29 7.85 11.92 16.23 12.36 10.19 12.61 12.30 8.62 7.68 7.54
Enterprise Value to Operating Cash Flow (EV/OCF)		 15.64 13.36 346.91 16.69 13.71 12.77 8.24 12.09 7.78 5.81 8.04
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 25.65 5.56 0.00 3.73 51.02 0.00 7.61 0.00 576.12 4.47
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.46 0.15 0.22 0.34 0.15 0.14 0.38 0.19 0.13 0.13 0.12
Long-Term Debt to Equity		 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02
Financial Leverage		 0.26 0.16 0.33 0.34 0.30 0.15 0.30 0.26 0.14 0.13 0.24
Leverage Ratio		 11.41 10.85 10.65 10.53 10.41 10.19 9.88 9.38 9.48 9.29 8.96
Compound Leverage Factor		 11.41 10.85 10.65 10.53 10.41 10.19 9.88 9.38 9.48 9.29 8.96
Debt to Total Capital		 31.37% 13.33% 17.84% 25.23% 12.79% 12.36% 27.42% 15.90% 11.34% 11.22% 10.80%
Short-Term Debt to Total Capital		 29.82% 11.36% 15.99% 23.66% 10.88% 10.51% 25.92% 14.22% 9.63% 9.52% 9.16%
Long-Term Debt to Total Capital		 1.55% 1.97% 1.86% 1.58% 1.91% 1.85% 1.50% 1.68% 1.71% 1.70% 1.64%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 68.63% 86.67% 82.16% 74.77% 87.21% 87.64% 72.58% 84.10% 88.66% 88.78% 89.20%
Debt to EBITDA		 2.73 1.01 1.52 2.46 0.92 0.87 2.36 1.28 0.82 0.79 0.67
Net Debt to EBITDA		 1.62 -0.95 0.74 1.62 0.25 -0.22 0.95 0.40 -1.63 -1.79 -1.52
Long-Term Debt to EBITDA		 0.14 0.15 0.16 0.15 0.14 0.13 0.13 0.14 0.12 0.12 0.10
Debt to NOPAT		 3.63 1.37 2.14 3.60 1.39 1.32 3.61 1.88 1.22 1.18 0.95
Net Debt to NOPAT		 2.16 -1.29 1.04 2.37 0.38 -0.34 1.45 0.58 -2.44 -2.66 -2.17
Long-Term Debt to NOPAT		 0.18 0.20 0.22 0.22 0.21 0.20 0.20 0.20 0.18 0.18 0.14
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -83 -8.23 22 -35 44 -9.76 -43 16 -18 -15 26
Operating Cash Flow to CapEx		 1,065.45% 0.00% -1,905.04% 12,443.44% 1,835.52% 0.00% 25,915.38% 0.00% 4,595.77% 5,065.73% 3,850.55%
Free Cash Flow to Firm to Interest Expense		 -11.34 -1.08 2.95 -4.76 6.19 -1.45 -6.85 2.43 -2.86 -2.43 4.53
Operating Cash Flow to Interest Expense		 0.44 0.42 -0.86 2.06 0.48 0.31 1.06 0.93 1.04 1.21 0.61
Operating Cash Flow Less CapEx to Interest Expense		 0.40 0.42 -0.90 2.04 0.45 0.73 1.06 0.94 1.02 1.19 0.59
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.04 0.03 0.03 0.03 0.03 0.03 0.04 0.04 0.04 0.04 0.04
Fixed Asset Turnover		 3.42 3.31 3.15 3.29 3.42 3.87 4.01 4.18 4.26 4.80 5.35
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 223 176 188 222 184 190 235 211 208 210 218
Invested Capital Turnover		 0.32 0.33 0.27 0.26 0.27 0.30 0.27 0.26 0.29 0.29 0.28
Increase / (Decrease) in Invested Capital		 86 12 -18 40 -39 14 48 -11 24 20 -17
Enterprise Value (EV)		 217 134 186 253 210 182 226 220 166 154 187
Market Capitalization		 176 156 170 216 203 188 200 209 213 207 241
Book Value per Share		 $28.52 $28.31 $28.70 $30.89 $29.85 $30.93 $31.67 $32.89 $34.15 $34.40 $35.90
Tangible Book Value per Share		 $26.12 $25.98 $26.43 $28.68 $27.69 $28.84 $29.63 $30.91 $32.21 $32.51 $34.07
Total Capital		 223 176 188 222 184 190 235 211 208 210 218
Total Debt		 70 23 33 56 24 24 65 34 24 24 24
Total Long-Term Debt		 3.46 3.47 3.48 3.50 3.51 3.52 3.53 3.54 3.55 3.57 3.58
Net Debt		 42 -22 16 37 6.40 -6.06 26 10 -47 -53 -54
Capital Expenditures (CapEx)		 0.30 -0.01 0.34 0.12 0.18 -2.79 0.03 -0.07 0.14 0.14 0.09
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 70 23 33 56 24 24 65 34 24 24 24
Total Depreciation and Amortization (D&A)		 0.41 1.03 1.24 1.27 1.24 1.26 1.27 0.02 2.25 0.99 0.97
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.60 $0.68 $0.77 $0.86 $0.85 $0.83 $0.79 $0.85 $1.10 $0.97 $1.66
Adjusted Weighted Average Basic Shares Outstanding		 5.39M 5.37M 5.38M 5.37M 5.39M 5.38M 5.39M 5.39M 5.42M 5.41M 5.42M
Adjusted Diluted Earnings per Share		 $0.59 $0.68 $0.77 $0.85 $0.85 $0.83 $0.78 $0.84 $1.10 $0.97 $1.65
Adjusted Weighted Average Diluted Shares Outstanding		 5.39M 5.38M 5.39M 5.40M 5.39M 5.40M 5.42M 5.42M 5.42M 5.44M 5.46M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 5.39M 5.37M 5.37M 5.37M 5.39M 5.39M 5.39M 5.39M 5.42M 5.42M 5.43M
Normalized Net Operating Profit after Tax (NOPAT)		 3.17 3.65 4.16 4.60 4.56 4.49 4.24 4.58 5.96 5.26 9.01
Normalized NOPAT Margin		 24.58% 27.80% 32.31% 34.13% 31.45% 31.94% 30.04% 31.73% 39.67% 36.53% 45.54%
Pre Tax Income Margin		 29.46% 32.92% 39.53% 41.90% 40.32% 38.35% 38.44% 39.43% 50.48% 45.38% 57.03%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.52 0.57 0.68 0.77 0.83 0.80 0.86 0.89 1.21 1.09 1.96
NOPAT to Interest Expense		 0.43 0.48 0.56 0.62 0.65 0.67 0.67 0.72 0.95 0.88 1.57
EBIT Less CapEx to Interest Expense		 0.48 0.57 0.64 0.75 0.80 1.22 0.85 0.90 1.18 1.07 1.95
NOPAT Less CapEx to Interest Expense		 0.39 0.48 0.51 0.61 0.62 1.08 0.66 0.73 0.93 0.86 1.55
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 36.72% 41.37% 45.33% 45.50% 41.77% 39.85% 40.61% 41.61% 39.47% 38.80% 31.39%
Augmented Payout Ratio		 36.72% 41.52% 48.91% 49.09% 45.07% 42.84% 40.61% 41.61% 39.47% 38.80% 31.39%

Financials Breakdown Chart

Key Financial Trends

Virginia National Bankshares (NASDAQ: VABK) delivered a solid Q1 2026, with earnings and operating cash flow both holding up well. Net income came in at $5.3 million, up from $4.6 million in Q3 2025 and above the company’s typical recent quarterly range. On the cash-flow side, operating cash flow was also strong at $7.2 million, which suggests the core banking business continues to generate healthy cash.

Revenue trends were more mixed. Total revenue in Q1 2026 was $14.4 million, slightly below $15.0 million in Q4 2025 and roughly in line with recent quarters. Net interest income slipped to $12.9 million from $13.3 million in Q4 2025, mainly because interest expense remains elevated. The provision for credit losses was modest at $336,000, which is manageable and not a major red flag on its own.

The balance sheet shows a bank that is still sizable and liquid, but with some pressure points. Total assets were $1.65 billion in Q1 2026, up from $1.61 billion in Q3 2025. Loans and leases net of allowance rose to $1.23 billion, while total common equity improved to $186.5 million, up from $177.4 million in the prior quarter. That’s a constructive sign for capital strength.

At the same time, deposits fell by about $5.0 million in Q1 2026, and the company still relies on a fairly expensive deposit base. Interest expense on deposits was $5.7 million during the quarter, while cash interest paid was a hefty $6.0 million. That indicates funding costs remain an important drag on profitability.

Compared with the same period last year, the company appears generally stable to slightly improved on earnings quality, but the trend is not uniformly strong. Profitability has been respectable, yet revenue growth has been limited and the margin structure remains sensitive to funding costs and deposit movements.

  • Strong quarterly profitability: Q1 2026 net income of $5.3 million was solid and above several recent quarters.
  • Healthy operating cash flow: Net cash from operating activities totaled $7.2 million, showing the core business continues to generate cash.
  • Capital position improved: Total common equity rose to $186.5 million from $177.4 million in Q3 2025.
  • Loan book expanded: Net loans and leases increased to $1.23 billion, supporting earning assets.
  • Credit costs were contained: Provision for credit losses was $336,000, which is manageable for a bank of this size.
  • Revenue was essentially flat: Total revenue of $14.4 million was close to recent quarterly levels, but not meaningfully higher.
  • Non-interest income remains modest: Fee and other non-interest revenue contributed only $1.5 million, limiting diversification.
  • Net interest income softened: NII fell to $12.9 million from $13.3 million in Q4 2025.
  • Deposit balances declined: Net change in deposits was negative in Q1 2026, which can pressure funding stability.
  • Funding costs remain elevated: Deposit interest expense and cash interest paid stayed high, weighing on margins.

Overall, VABK looks financially stable with decent earnings and cash generation, but the story is more about resilience than acceleration. Investors may view the stock as a steady community bank name, though near-term upside likely depends on improving funding costs, deposit trends, and net interest margin expansion.

08/18/26 10:09 AM ETAI Generated. May Contain Errors.

Virginia National Bankshares Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Virginia National Bankshares' fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Virginia National Bankshares' net income appears to be on an upward trend, with a most recent value of $19.26 million in 2025, rising from $3.12 million in 2015. The previous period was $16.97 million in 2024. View Virginia National Bankshares' forecast to see where analysts expect Virginia National Bankshares to go next.

Over the last 10 years, Virginia National Bankshares' total revenue changed from $21.18 million in 2015 to $57.60 million in 2025, a change of 172.0%.

Virginia National Bankshares' total liabilities were at $1.47 billion at the end of 2025, a 0.6% increase from 2024, and a 186.7% increase since 2015.

In the past 10 years, Virginia National Bankshares' cash and equivalents has ranged from $5.31 million in 2024 to $20.99 million in 2022, and is currently $5.80 million as of their latest financial filing in 2025.

Over the last 10 years, Virginia National Bankshares' book value per share changed from 23.11 in 2015 to 34.15 in 2025, a change of 47.7%.


Related Companies

Financial statements for NASDAQ:VABK last updated on 8/13/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
From Our Partners
Pass by August 7… or wait until 2027?
And on June 29th, the Supreme Court quietly handed us one of the biggest privacy wins in decades, ruling the F...
Crypto 101 Media | Sponsoredtc pixel
Elon's Terrifying Warning: America Is "1,000% Going Bankrupt"
The national debt just crossed $39 trillion, and Elon Musk - former head of the Department of Government Effic...
American Hartford Gold | Sponsoredtc pixel
Three oil giants buried the same discovery for 50 years
In 1976, Chevron tapped an energy source with no fuel costs, no carbon, and no supply chain - then killed the ...
Behind the Markets | Sponsoredtc pixel
They didn't warn anyone in 1971. This time someone is warning you.
On August 15, 1971, Nixon interrupted prime-time television and ended the gold standard in 15 minutes - no deb...
Reagan Gold Group | Sponsoredtc pixel
Iran War: What Happened at 1:11 P.M. Outside D.C.?
A source with ties to Saudi Arabia, the UAE, and the U.S. State Department revealed details of a potential 7 t...
Banyan Hill Publishing | Sponsoredtc pixel
SMX Could Turn Proof Technology into Major Profit!
SMX (Security Matters) PLC embeds invisible molecular markers into materials like plastics, metals, fuels, and...
Smallcaps Daily | Sponsoredtc pixel
Your $29.97 book is free today
Why Some Traders Skip Stocks Entirely You don't need a big account to trade options. In fact, options ca...
Profits Run | Sponsoredtc pixel
American retirees will miss THIS. Big Banks just moved in.
Central banks spent nearly $130 billion on physical gold last year, on top of $145 billion the year before. Q1...
Cedar Gold Group | Sponsoredtc pixel