Virginia National Bankshares Corp

vnb.com

What Do They Do?

Provides banking services—including loans, deposit accounts, and trust and estate administration—to individuals, businesses, and charitable organizations in Virginia.

How Do They Make Money?

Most revenue comes from interest on loans and securities. The Bank also earns loan fees, deposit-account service charges, debit-card and ATM fees, and treasury-management fees; trust services bring administration, service, custody, and asset-management fees.

FY2025 revenue

Who Are Their Customers?

Its banking customers are individuals, businesses, and charitable organizations in its Virginia markets; it also provides trust and estate administration services.

Do Revenues Turn Into Profits?

Yes. It kept 25 cents of every revenue dollar as net income in FY2025 and turned 27 cents into free cash flow.

Net income, FY2025

25% of revenue

▲ +14% vs FY2024 ($17M, 22%)

Free cash flow, FY2025

27% of revenue

▲ +43% vs FY2024 ($14.6M, 19%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▲ +2%; vs $19.1M in Q2 FY2025
Net income: ▲ +113%; vs $4.2M in Q2 FY2025

May 4, 2026 Sold its interest in Bearing Insurance Group Fauquier Bank Services completed the sale of its interest in the insurance agency; the company expected a $4.7 million pre-tax gain.

Growing. Revenue grew 60% in 4 years, from $48.3M in FY2021 to $77.2M in FY2025, about 12% a year.

Masonry Capital sale The earlier report described Masonry Capital as providing investment advisory and management services; the latest says its membership interests were sold and the company will receive an annual revenue share.

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