Virginia National Bankshares Corp - Understand $vabk stock

$VABK Market Cap: $236.3 Million

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Financial Snapshot

Revenue

$56.63M

TTM

Gross Margin

Net Earnings

$15.57M

TTM

Current Assets

Current Liabilities

$65.47M

Q3 2024

Current Ratio

Total Assets

$1.615B

Q3 2024

Total Liabilities

$1.449B

Q3 2024

Book Value

$165.9M

Q3 2024

Cash

$19.17M

Q3 2024

P/E

15.17

Nov 11, 2024 EST

Free Cash Flow

-$775.0K

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$69.99M	$56.73M	$48.27M	$27.23M	$26.20M	$25.69M			$17.28M	$15.38M	$15.45M
YoY Change	23.37%	17.52%	77.28%	3.94%	1.99%				12.35%	-0.41%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2015	2014	2013
Revenue	$69.99M	$56.73M	$48.27M	$27.23M	$26.20M	$25.69M	$17.28M	$15.38M	$15.45M
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
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.500M	$1.600M	$2.900M	$1.900M	$1.100M	$1.230M	$1.250M	$1.270M	$1.160M	$1.150M	$1.270M	$1.440M	$1.550M
YoY Change	-6.25%	-44.83%	52.63%	72.73%	-10.57%	-1.6%	-1.57%	9.48%	0.87%	-9.45%	-11.81%	-7.1%
% 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	2021	2020	2019	2018	2015	2014	2013
Interest Expense	$21.02M	$3.184M	$3.284M	$3.351M	$4.273M	$2.790M	$974.0K	$928.0K	$997.0K
YoY Change	560.21%	-3.05%	-2.0%	-21.58%	53.15%		4.96%	-6.92%
% of Operating Profit
Other Income/Expense, Net				$4.848M	$4.685M	$4.555M	$5.039M	$5.601M	$5.499M
YoY Change				3.48%	2.85%		-10.03%	1.85%

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
Pretax Income	$23.27M	$28.55M	$11.92M	$10.04M	$8.216M	$10.54M	$10.96M	$8.350M	$4.318M	$2.354M	$10.11M	$8.090M	$3.270M
YoY Change	-18.47%	139.54%	18.66%	22.24%	-22.04%	-3.84%	31.26%	93.38%	83.43%	-76.71%	24.94%	147.4%
Income Tax	$4.010M	$5.108M	$1.846M	$2.065M	$1.527M	$2.069M	$3.440M	$2.600M	$1.197M	$456.0K	$3.212M	$2.610M	$930.0K
% Of Pretax Income	17.23%	17.89%	15.49%	20.56%	18.59%	19.63%	31.39%	31.14%	27.72%	19.37%	31.78%	32.26%	28.44%
Net Earnings	$19.26M	$23.44M	$10.07M	$7.978M	$6.689M	$8.470M	$6.550M	$5.750M	$3.121M	$1.898M	$6.896M	$5.480M	$2.340M
YoY Change	-17.81%	132.73%	26.23%	19.27%	-21.03%	29.31%	13.91%	84.24%	64.44%	-72.48%	25.84%	134.19%
Net Earnings / Revenue	27.52%	41.31%	20.86%	29.3%	25.53%	32.98%			18.06%	12.34%	44.65%
Basic Earnings Per Share	$3.60	$4.40	$2.16	$2.95	$2.49	$3.18	$2.61		$1.23	$0.70	$2.56
Diluted Earnings Per Share	$3.58	$4.38	$2.14	$2.95	$2.49	$3.15	$2.58	$2.300M	$1.23	$0.70	$2.56	$1.845M	$787.9K

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
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	$22.94M	$24.34M	$40.30M	$8.800M	$9.700M	$7.000M	$7.400M	$8.000M	$8.700M	$9.500M	$9.800M	$10.70M	$10.70M
YoY Change	-5.76%	-39.59%	357.95%	-9.28%	38.57%	-5.41%	-7.5%	-8.05%	-8.42%	-3.06%	-8.41%	0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$15.38M	$18.28M
YoY Change	-15.85%
Total Long-Term Assets
YoY Change
Total Assets	$1.646B	$1.623B	$1.972B	$848.4M	$702.6M	$644.8M	$643.9M	$605.0M	$567.5M	$537.1M	$513.0M	$507.6M	$464.1M
YoY Change
Accounts Payable	$3.954M	$2.019M	$3.600M	$1.500M	$1.700M	$1.500M	$1.700M	$1.600M	$1.600M	$1.700M	$8.300M	$4.200M	$700.0K
YoY Change	95.84%	-43.92%	140.0%	-11.76%	13.33%	-11.76%	6.25%	0.0%	-5.88%	-79.52%	97.62%	500.0%
Accrued Expenses	$6.504M	$6.173M	$7.100M	$3.500M	$3.600M
YoY Change	5.36%	-13.06%	102.86%	-2.78%
Deferred Revenue
YoY Change
Short-Term Debt	$69.96M					$0.00	$19.10M	$19.70M	$23.20M	$18.00M	$16.30M	$4.000M	$2.600M
YoY Change						-100.0%	-3.05%	-15.09%	28.89%	10.43%	307.5%	53.85%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$80.42M	$8.192M	$10.70M	$5.000M	$5.300M	$1.500M	$1.700M	$1.600M	$1.600M	$1.700M	$8.300M	$4.200M	$700.0K
YoY Change	881.69%	-23.44%	114.0%	-5.66%	253.33%	-11.76%	6.25%	0.0%	-5.88%	-79.52%	97.62%	500.0%
Long-Term Debt	$3.459M	$3.413M	$3.400M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	1.35%	0.38%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$3.459M	$3.413M	$3.400M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	1.35%	0.38%
Total Liabilities	$1.493B	$1.490B	$1.810B	$765.8M	$626.5M	$574.1M	$578.8M	$546.0M	$511.2M	$476.4M	$455.0M	$453.7M	$415.1M
YoY Change	0.2%	-17.69%	136.38%	22.23%	9.13%	-0.81%	6.01%	6.81%	7.3%	4.7%	0.29%	9.3%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2015	2014	2013
Basic Shares Outstanding	5.357M	5.325M	4.669M	2.708M	2.687M	2.667M	2.532M shares	2.695M shares	2.690M shares
Diluted Shares Outstanding	5.373M	5.351M	4.695M	2.709M	2.690M	2.686M	2.544M shares	2.707M shares	2.690M shares
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: $236.32 Million

About Virginia National Bankshares Corp

Virginia National Bankshares Corp. is a bank holding company engaged in the provision of banking and related financial services. The company is headquartered in Charlottesville, Virginia and currently employs 147 full-time employees. The Bank is engaged in the commercial and retail banking business. The company operates through four segments: Bank, Sturman Wealth Advisors, VNB Trust and Estate Services, and Masonry Capital. The Bank segment involves making loans and generating deposits from individuals, businesses, and charitable organizations. The Sturman Wealth Advisors offers wealth management and investment advisory services. VNB Trust and Estate Services offers corporate trustee services, trust and estate administration, individual retirement account (IRA) administration and custody services. Masonry Capital segment offers investment management services for separately managed accounts and a private investment fund. The company offers range of banking and related financial services to meet the needs of individuals, businesses, and charitable organizations, including the fiduciary services of VNB Trust and Estate Services.

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