National Bankshares Inc - Understand $nksh stock

$NKSH Market Cap: $198.3 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$5.620M

TTM

Gross Margin

Net Earnings

$8.729M

TTM

Current Assets

Current Liabilities

$3.700M

Q3 2024

Current Ratio

Total Assets

$1.785B

Q3 2024

Total Liabilities

$1.617B

Q3 2024

Book Value

$167.8M

Q3 2024

Cash

$49.77M

Q3 2024

P/E

22.71

Nov 29, 2024 EST

Free Cash Flow

$3.679M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Revenue	$7.072M	$6.994M	$44.99M	$44.01M	$45.15M	$43.22M	$41.26M	$40.93M	$42.91M	$43.94M
YoY Change	1.12%	-84.45%	2.22%	-2.52%	4.45%	4.76%	0.81%	-4.62%	-2.34%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$7.072M	$6.994M	$44.99M	$44.01M	$45.15M	$43.22M	$41.26M	$40.93M	$42.91M	$43.94M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$754.0K	$609.0K	$636.0K	$708.0K	$739.0K	$766.0K	$805.0K	$801.0K	$749.0K	$732.0K	$1.810M	$1.840M	$1.880M	$1.970M	$2.000M	$2.090M	$2.150M	$2.130M	$2.140M	$1.920M	$1.870M	$1.930M	$2.020M	$1.250M	$1.050M	$950.0K	$710.0K	$640.0K	$690.0K	$660.0K
YoY Change	23.81%	-4.25%	-10.17%	-4.19%	-3.52%	-4.84%	0.5%	6.94%	2.32%	-59.56%	-1.63%	-2.13%	-4.57%	-1.5%	-4.31%	-2.79%	0.94%	-0.47%	11.46%	2.67%	-3.11%	-4.46%	61.6%	19.05%	10.53%	33.8%	10.94%	-7.25%	4.55%	60.98%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2020	2019	2018	2017
Interest Expense	$21.55M	$3.083M	$5.837M	$7.380M	$5.047M	$4.125M
YoY Change	598.99%		-20.91%	46.23%	22.35%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Pretax Income	$18.68M	$31.76M	$24.63M	$19.15M	$20.68M	$18.71M	$20.39M	$18.89M	$20.57M	$22.09M	$23.11M	$22.99M	$22.89M	$19.79M	$17.98M	$17.24M	$16.41M	$16.42M	$16.35M	$15.98M	$14.68M	$13.02M	$9.600M	$10.07M	$9.640M	$9.390M	$9.060M	$8.460M	$7.460M	$7.150M
YoY Change	-41.21%	28.94%	28.6%	-7.37%	10.51%	-8.21%	7.89%	-8.16%	-6.88%	-4.41%	0.52%	0.44%	15.66%	10.07%	4.29%	5.06%	-0.06%	0.43%	2.32%	8.86%	12.75%	35.63%	-4.67%	4.46%	2.66%	3.64%	7.09%	13.4%	4.34%	112.8%
Income Tax	$2.984M	$5.831M	$4.251M	$3.077M	$3.211M	$2.560M	$6.293M	$3.952M	$4.740M	$5.178M	$5.320M	$5.250M	$5.250M	$4.220M	$3.660M	$3.650M	$3.730M	$3.790M	$3.920M	$3.750M	$3.240M	$3.000M	$2.290M	$2.760M	$2.560M	$2.590M	$2.500M	$2.340M	$1.930M	$1.840M
% Of Pretax Income	15.98%	18.36%	17.26%	16.06%	15.53%	13.68%	30.87%	20.92%	23.04%	23.44%	23.02%	22.84%	22.94%	21.32%	20.36%	21.17%	22.73%	23.08%	23.98%	23.47%	22.07%	23.04%	23.85%	27.41%	26.56%	27.58%	27.59%	27.66%	25.87%	25.73%
Net Earnings	$15.69M	$25.93M	$20.38M	$16.08M	$17.47M	$16.15M	$14.09M	$14.94M	$15.83M	$16.91M	$17.79M	$17.75M	$17.64M	$15.57M	$14.32M	$13.59M	$12.68M	$12.63M	$12.42M	$12.23M	$11.44M	$10.01M	$7.310M	$7.310M	$7.090M	$6.800M	$6.560M	$6.120M	$5.530M	$5.300M
YoY Change	-39.49%	27.23%	26.78%	-7.95%	8.14%	14.61%	-5.69%	-5.63%	-6.39%	-4.92%	0.23%	0.62%	13.29%	8.73%	5.37%	7.18%	0.4%	1.69%	1.55%	6.91%	14.29%	36.94%	0.0%	3.1%	4.26%	3.66%	7.19%	10.67%	4.34%	98.5%
Net Earnings / Revenue	221.88%	370.77%	45.31%	36.53%	38.69%	37.37%	34.15%	36.51%	36.89%	38.49%
Basic Earnings Per Share	$2.66	$4.33	$3.28	$2.48	$2.65	$2.32	$2.03	$2.15	$2.28	$2.43
Diluted Earnings Per Share	$2.66	$4.33	$3.282M	$2.48	$2.65	$2.32	$2.03	$2.15	$2.28	$2.43	$2.552M	$2.550M	$2.538M	$2.240M	$2.060M	$1.958M	$1.814M	$1.799M	$1.759M	$1.727M	$1.618M	$1.424M	$1.040M	$1.040M	$982.0K	$895.9K	$864.3K	$806.3K	$728.6K	$699.2K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$11.11M	$11.79M	$11.30M	$12.00M	$11.20M	$8.600M	$8.200M	$8.900M	$9.000M	$9.100M	$10.00M	$10.40M	$10.40M	$10.50M	$10.60M	$11.20M	$12.00M	$12.70M	$12.80M	$12.10M	$10.10M	$9.900M	$10.10M	$10.30M	$8.500M	$6.700M	$5.700M	$5.000M	$4.700M	$2.800M
YoY Change	-5.74%	4.3%	-5.83%	7.14%	30.23%	4.88%	-7.87%	-1.11%	-1.1%	-9.0%	-3.85%	0.0%	-0.95%	-0.94%	-5.36%	-6.67%	-5.51%	-0.78%	5.79%	19.8%	2.02%	-1.98%	-1.94%	21.18%	26.87%	17.54%	14.0%	6.38%	67.86%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$16.32M	$21.56M	$300.0K	-$1.500M	$1.900M	$3.400M	$2.300M	$6.100M	$5.600M	$4.400M		$3.000M
YoY Change	-24.31%	7086.0%	-120.0%	-178.95%	-44.12%	47.83%	-62.3%	8.93%	27.27%
Total Long-Term Assets
YoY Change
Total Assets	$1.655B	$1.678B	$1.702B	$1.520B	$1.322B	$1.256B	$1.257B	$1.234B	$1.204B	$1.155B	$1.111B	$1.104B	$1.067B	$1.022B	$982.4M	$935.4M	$887.6M	$868.2M	$841.5M	$796.2M	$708.6M	$684.9M	$644.6M	$593.5M	$472.1M	$445.2M	$402.9M	$388.9M	$380.9M	$199.7M
YoY Change
Accounts Payable	$1.416M	$106.0K	$0.00	$100.0K	$100.0K	$100.0K	$100.0K	$100.0K	$100.0K	$100.0K	$100.0K	$100.0K	$200.0K	$300.0K	$300.0K	$700.0K	$800.0K	$900.0K	$700.0K	$500.0K	$500.0K	$700.0K	$1.100M	$1.500M	$700.0K	$600.0K	$700.0K	$700.0K	$700.0K	$200.0K
YoY Change	1235.85%		-100.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-50.0%	-33.33%	0.0%	-57.14%	-12.5%	-11.11%	28.57%	40.0%	0.0%	-28.57%	-36.36%	-26.67%	114.29%	16.67%	-14.29%	0.0%	0.0%	250.0%
Accrued Expenses	$1.127M	$1.444M	$1.600M	$2.000M	$2.300M
YoY Change	-21.95%	-9.75%	-20.0%	-13.04%
Deferred Revenue
YoY Change
Short-Term Debt													$0.00	$0.00	$0.00	$100.0K	$100.0K	$100.0K	$400.0K	$300.0K	$100.0K	$700.0K	$200.0K	$300.0K	$10.50M	$200.0K	$500.0K	$600.0K	$200.0K
YoY Change															-100.0%	0.0%	0.0%	-75.0%	33.33%	200.0%	-85.71%	250.0%	-33.33%	-97.14%	5150.0%	-60.0%	-16.67%	200.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.416M	$1.550M	$1.600M	$2.100M	$2.400M	$100.0K	$100.0K	$100.0K	$100.0K	$100.0K	$100.0K	$100.0K	$200.0K	$300.0K	$300.0K	$700.0K	$800.0K	$900.0K	$700.0K	$500.0K	$500.0K	$700.0K	$1.100M	$1.500M	$700.0K	$600.0K	$700.0K	$700.0K	$700.0K	$200.0K
YoY Change	-8.65%	-3.13%	-23.81%	-12.5%	2300.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-50.0%	-33.33%	0.0%	-57.14%	-12.5%	-11.11%	28.57%	40.0%	0.0%	-28.57%	-36.36%	-26.67%	114.29%	16.67%	-14.29%	0.0%	0.0%	250.0%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$9.460M	$10.59M	$14.20M	$19.90M	$15.90M	$13.80M	$12.10M	$12.20M	$12.50M	$5.900M	$4.600M	$7.300M	$6.300M	$8.200M	$7.800M	$6.700M	$5.700M	$5.800M	$2.800M	$2.400M	$1.900M	$2.100M	$1.400M	$1.200M	$1.100M	$900.0K	$1.000M	$1.500M	$1.500M	$700.0K
YoY Change	-10.66%	-25.43%	-28.64%	25.16%	15.22%	14.05%	-0.82%	-2.4%	111.86%	28.26%	-36.99%	15.87%	-23.17%	5.13%	16.42%	17.54%	-1.72%	107.14%	16.67%	26.32%	-9.52%	50.0%	16.67%	9.09%	22.22%	-10.0%	-33.33%	0.0%	114.29%
Total Long-Term Liabilities	$9.460M	$10.59M	$14.20M	$19.90M	$15.90M	$13.80M	$12.10M	$12.20M	$12.50M	$5.900M	$4.600M	$7.300M	$6.300M	$8.200M	$7.800M	$6.700M	$5.700M	$5.800M	$2.800M	$2.400M	$1.900M	$2.100M	$1.400M	$1.200M	$1.100M	$900.0K	$1.000M	$1.500M	$1.500M	$700.0K
YoY Change	-10.66%	-25.43%	-28.64%	25.16%	15.22%	14.05%	-0.82%	-2.4%	111.86%	28.26%	-36.99%	15.87%	-23.17%	5.13%	16.42%	17.54%	-1.72%	107.14%	16.67%	26.32%	-9.52%	50.0%	16.67%	9.09%	22.22%	-10.0%	-33.33%	0.0%	114.29%
Total Liabilities	$1.515B	$1.555B	$1.510B	$1.319B	$1.138B	$1.066B	$1.072B	$1.056B	$1.031B	$988.4M	$964.7M	$954.3M	$925.8M	$893.1M	$860.3M	$825.3M	$782.8M	$771.4M	$749.6M	$709.1M	$627.9M	$611.8M	$579.4M	$533.7M	$419.4M	$386.7M	$348.9M	$339.0M	$332.8M	$179.6M
YoY Change	-2.57%	2.94%	14.5%	15.9%	6.78%	-0.57%	1.53%	2.36%	4.35%	2.46%	1.09%	3.08%	3.66%	3.81%	4.24%	5.43%	1.48%	2.91%	5.71%	12.93%	2.63%	5.59%	8.56%	27.25%	8.46%	10.83%	2.92%	1.86%	85.3%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Basic Shares Outstanding	5.890M	5.990M	6.210M	6.483M	6.581M	6.958M	6.958M	6.958M	6.954M	6.949M
Diluted Shares Outstanding	5.890M	5.990M					6.958M	6.958M	6.957M	6.959M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $198.27 Million

About NATIONAL BANKSHARES INC

National Bankshares, Inc. is a community bank holding company. The company is headquartered in Blacksburg, Virginia and currently employs 222 full-time employees. The Bank offers a full range of retail and commercial banking services to individuals, businesses, non-profits and local governments. The company operates 27 full-service offices which are located across central Virginia, and two loan production offices in Roanoke and Charlottesville, Virginia. The company offers telephone, mobile and Internet banking, and it operates automated teller machines in its service area. The Bank is focused on lending to small and mid-sized businesses and individuals. The Bank’s loan types include commercial and agricultural, commercial real estate, construction for commercial and residential properties, residential real estate, home equity and various consumer loan products. Its deposit products include interest-bearing and non-interest-bearing demand deposit accounts and others.

Industry: National Commercial Banks Peers: AMES NATIONAL CORP Bank7 Corp. CHEMUNG FINANCIAL CORP Investar Holding Corp MISSION BANCORP PNC FINANCIAL SERVICES GROUP, INC.