Quarterly ResultMay 18, 2026, 10:26 AM
National Bankshares Q1 2026 Net Income $4.98M, EPS $0.78
AI Summary
National Bankshares, Inc. reported strong financial results for Q1 2026, with reported net income of $4.98 million and EPS of $0.78 per common share, representing over 50% growth compared to Q1 2025. The company highlighted improving net interest margin, strong liquidity, and pristine credit quality. Strategic initiatives include expansion into new markets like Roanoke and Lynchburg, supported by new branch facilities and seasoned hires, alongside a focus on revenue diversification and robust capital management.
Key Highlights
- Reported net income for Q1 2026 was $4.98 million, with EPS of $0.78 per common share.
- Net income grew over 50% compared to Q1 2025, with core net income at $4.80 million.
- Assets stood at $1.8 billion, Gross Loans at $1.0 billion, and Deposits at $1.6 billion as of March 31, 2026.
- Core Return on Average Assets (ROAA) was 1.07% and Core Return on Average Tangible Common Equity (ROATCE) was 11.21%.
- New branch facilities opened in Roanoke and Lynchburg to support market expansion.
- Net interest margin continues to improve due to lower deposit costs and higher securities yields.
- Total Shareholder Return (TSR) was 888% from January 2000 to March 2026, outperforming peers.
- Regulatory capital levels were robust with Total Capital at 17.46% and Common Equity Tier 1 at 16.61%.
Price Impact
More from NKSH