National Bankshares, Inc. NKSH

42.37 0.15 0.36% as of 25 Sep
Market cap
$269.0M
P/E
13.3×
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.01
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — 1 — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 3.21%

Capital & Financial Ratios

Market Cap 268.97
Revenue 87.46
Net Income 20.31
Free Cash Flow 18.43
Net Debt (54.56)
Current Ratio 0.65
Debt/Equity 0.00
P/E ratio 13.28
P/S ratio 3.08
P/B ratio 1.40
Past 5Y EPS Growth (14.16%)
This Y EPS Growth 26.35%
Next Y EPS Growth 10.29%
Next 5Y EPS Growth 6.96%
in millions of $

Dividends

Payout Ratio 0.38
Annual Dividend Rate 1.46
Annual Dividend Yield 8.58%
total individual payouts
2027 Powerpack
2026 1.51
0.75
2025 1.51
0.73
0.78
2024 1.51
0.73
0.78
2023 1.51
1.00
0.73
0.78
2022 1.50
0.72
0.78
2021 1.44
0.70
0.74
2020 1.39
0.67
0.72
2019 1.39
0.67
0.72
2018 1.21
0.58
0.63
2017 1.17
0.56
0.61
2016 1.16
0.55
0.61
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 88 108 59 55
Receivables — — — —
Inventory — — — —
Other — — — —
942 1,093 1,055 1,067
2023 2024 2025 Q'26
Payables 1,504 1,645 1,627 1,629
ST’ Debt — — — —
Other — — — —
1,505 1,646 1,629 1,631
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 5.00% 10.43% 10.92%
Cash Flow (1.37%) 5.34% (15.36%)
Earnings 0.00% (0.31%) (15.18%)
Book Value 0.72% (1.62%) 14.65%

Revenue

Mar Jun Sep Dec Year
’26 22 22 — — —
’25 21 21 22 22 85
’24 18 19 21 21 79
’23 16 17 17 18 68
’22 13 14 15 20 63
’21 13 13 14 14 53
’20 14 12 13 13 52
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 3 4 — — —
’25 3 2 6 7 18
’24 4 (3) 3 5 9
’23 4 3 6 2 16
’22 7 3 8 11 30
’21 7 4 6 5 23
’20 5 1 4 4 14
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 3 3 — — —
’25 2 2 5 7 15
’24 4 (4) 2 4 6
’23 4 3 5 3 15
’22 6 3 8 11 28
’21 7 4 6 5 23
’20 4 1 3 3 12
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.78 0.79 — — —
’25 0.51 0.36 0.69 0.92 2.49
’24 0.37 (0.05) 0.42 0.48 1.24
’23 0.77 0.66 0.52 0.71 2.66
’22 0.81 0.93 1.03 1.56 4.33
’21 0.74 0.74 0.94 0.86 3.28
’20 0.61 0.46 0.64 0.77 2.48
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
31.75 36.05 34.49 32.52 23.37 30.55 30.52 22.28 26.50 23.75

Analyst estimates 2026–2028

Powerpack
Low Price
45.35 47.70 49.75 48.82 44.99 39.99 41.45 43.78 35.00 35.00
High Price
229 232 235 238 226 218 227 222 245 254
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
48 49 51 54 52 53 63 68 79 85
Revenue
91.33% 91.56% 90.09% 86.32% 88.76% 94.20% 95.07% 68.40% 57.36% 65.13%
Gross Margin
19 20 19 21 19 25 32 19 9 19
EBT
39.33% 41.69% 36.72% 38.34% 36.87% 46.12% 50.81% 27.39% 11.54% 22.46%
EBT Margin
15 14 16 17 16 20 26 16 8 16
Net Income
1 1 1 1 2 2 2 2 2 1
Depreciation
6.91 7.03 7.32 8.20 8.01 8.60 10.44 11.58 12.84 13.41
Revenue/Sh
2.15 2.03 2.32 2.65 2.48 3.28 4.33 2.66 1.24 2.49
Earnings/Sh
2.52 1.58 2.85 2.86 2.13 3.68 4.92 2.64 1.53 2.81
Cash Flow/Sh
0.03 0.04 (0.13) (0.06) (0.27) 0.05 (0.21) (0.14) (0.52) (0.43)
Capex/Sh
2.55 1.62 2.72 2.81 1.86 3.73 4.72 2.50 1.01 2.38
Free CF/Sh
25.62 26.57 27.34 27.92 30.94 30.88 20.48 23.86 25.39 29.07
Book Value/Sh
7 7 7 7 6 6 6 6 6 6
Shares
20.07 22.44 15.70 16.95 12.65 10.93 9.23 12.46 23.53 13.47
PE Ratio
6.25 6.42 4.97 5.48 3.91 4.17 3.83 2.86 2.24 2.50
PS Ratio
1.68 1.70 1.33 1.61 1.01 1.16 1.95 1.39 1.13 1.15
PB Ratio
4.26 5.08 3.84 3.84 1.31 1.55 2.68 1.57 0.87 1.81
EV/Sales
11.52 21.99 10.36 11.23 5.62 3.58 5.92 7.30 11.04 10.16
EV/FCF
18 11 20 19 14 23 30 16 9 18
Op' Cash Flow
0 0 (1) 0 (2) 0 (1) (1) (3) (3)
Capex
18 11 19 18 12 23 28 15 6 15
FCF
(303) (329) (287) (300) (396) (554) (620) (563) (553) (573)
Working Cap'
1 — 2 2 2 1 1 — — —
Total Debt
(95) (65) (58) (88) (135) (140) (72) (88) (108) (59)
Net Debt
178 185 190 184 201 192 123 141 156 185
Sh' Equity
1.23% 1.13% 1.29% 1.36% 1.13% 1.27% 1.53% 0.94% 0.44% 0.87%
ROA
14.51% 10.66% 9.76% 13.56% 18.29% 29.54% 39.45% 22.17% 15.58% 9.53%
ROIC
8.53% 7.76% 8.61% 9.34% 8.37% 10.39% 16.49% 11.92% 5.13% 9.27%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

National Bankshares, Inc. peers in Banks Regional

All 325 Banks Regional stocks →

National Bankshares, Inc. (NKSH) key facts

  • National Bankshares, Inc. (NKSH) is a Banks Regional company in the Financial sector, listed on Nasdaq.
  • National Bankshares, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $85.3 million, up 7.88% from fiscal 2024.
  • Net income was $15.8 million, or $2.49 per share (basic), a net margin of 18.6%.
  • As of September 25, 2026, NKSH traded at $42.37, a market capitalization of $269.0 million.
  • At that price the stock trades at 13.3× trailing-twelve-month earnings and 3.1× sales.
  • National Bankshares, Inc. pays an annual dividend of $1.46 per share, a yield of 8.58%, with a payout ratio of 37.6%.
  • Return on equity was 9.27% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

National Bankshares, Inc. (NKSH) Latest News

News by impact score

Fine-tune

21 Sep

3

Short-term trend-following can be profitable, but sustainability matters. NKSH shows recent price strength backed by fundamentals and optimistic analyst sentiment. Over 12 weeks it gained 13.1%, with a 4-week gain of 3.5%, indicating momentum remains intact. It is trading at 95.6% of its 52-week high-low range, signaling potential breakout. Fundamentals are supportive: Zacks Rank #2 (Buy) and an Average Broker Recommendation of #1 (Strong Buy) suggest bullish near-term earnings revisions and surprises. The analysis argues the price trend may not reverse soon as NKSH benefits from price strength and favorable expectations. Other stocks also pass the same Recent Price Strength screen, but NKSH is singled out as a solid candidate for trend investors. Positive momentum indicators (13.1% 12-week gain, 3.5% 4-week gain, 95.6% of 52-week range) plus a Buy consensus imply near-term upside.

23 Jul

3

National Bankshares (NKSH) posted Q2 earnings below analyst estimates. Q2 earnings shortfall signals weaker than projected financial performance.

8 Feb

3

National Bankshares, Inc. (NASDAQ:NKSH) has delivered a solid return of 45% to its investors over the past year, reflecting positive market performance and investor confidence in the company's operations and growth potential. The notable return indicates a moderately positive influence on investor sentiment and financial performance.

19 Nov

3

National Bankshares, Inc. (NKSH) may not be a wise investment for its upcoming dividend due to concerns about its financial stability and growth prospects. Analysts suggest that potential investors should be cautious, as the company's ability to sustain dividends could be at risk amid changing market conditions and competitive pressures. Concerns about financial stability and growth prospects may moderately influence investor sentiment and performance.

18 Nov

3

National Bankshares, Inc. (NASDAQ:NKSH) has announced a dividend payout of $0.78 per share. This dividend reflects the company's ongoing commitment to returning value to its shareholders. The payment is scheduled for distribution to shareholders on record as of a specified date, reinforcing the bank's financial stability and profitability. The dividend payout indicates financial health but is a routine action that does not significantly alter the company's trajectory.

24 Oct

4

National Bankshares, Inc. (NKSH) reported a significant turnaround in earnings, addressing previous skepticism regarding its profitability trend. The company demonstrated improved financial performance, which may positively influence investor sentiment and market perception. This shift in earnings reflects strategic adjustments and operational efficiencies that could bolster future growth prospects. The turnaround in earnings indicates a significant strategic shift that could alter the company's trajectory and investor sentiment.

23 Oct

4

National Bankshares, Inc. (NKSH) reported Q3 earnings and revenues that exceeded analysts' expectations, showcasing strong financial performance. The company's results reflect effective management and growth strategies, contributing positively to investor sentiment and market outlook. Strong earnings and revenue performance can significantly influence investor confidence and market positioning.

3

National Bankshares, Inc. (NKSH) reported its Q3 earnings, showcasing a notable increase in net income compared to the previous year. The bank's performance was driven by growth in interest income and a reduction in non-interest expenses. Additionally, the company highlighted improvements in asset quality and a stable loan portfolio. Overall, the results reflect a positive trend in the bank's financial health and operational efficiency. The earnings report indicates moderate improvements in financial performance and operational efficiency, which may influence investor sentiment and market positioning.

13 Aug

3

National Bankshares, Inc. (NKSH) reported Q2 earnings and revenue that fell short of analysts' expectations, leading to concerns about the company's financial performance. The results indicate potential challenges in maintaining growth and profitability, which may affect investor sentiment moving forward. Earnings and revenue misses can moderately influence investor confidence and future performance.

3

National Bankshares, Inc. (NKSH) reported its Q2 earnings, showcasing a solid performance with an increase in net income compared to the previous year. The bank's total assets and deposits also saw growth, reflecting a positive trend in its financial health. Management highlighted strategic initiatives aimed at enhancing customer service and expanding market presence. Overall, the results indicate a stable outlook for the company amidst a competitive banking environment. The earnings report indicates moderate growth and stability, which may influence financial performance but is balanced by competitive factors.

23 May

4

National Bankshares, Inc. (NASDAQ:NKSH) is approaching its ex-dividend date, with a dividend of US$0.73 per share scheduled for payment on June 2. The company has a trailing yield of 5.8%, but it paid out 109% of its profits as dividends last year, indicating potential unsustainability. Earnings per share have declined by 12% annually over the past five years, raising concerns about the ability to maintain or grow dividends. The article suggests that high payout ratios combined with declining earnings make the stock less appealing for dividend investors, and highlights two warning signs for potential investors. High payout ratios and declining earnings could significantly impact the company's future performance and investor sentiment.

30 Mar

3

National Bankshares, Inc. (NASDAQ:NKSH) reported a significant decline in its financial performance for the full year 2024, with revenue falling 7.9% to US$44.1 million and net income dropping 51% to US$7.62 million. The earnings per share (EPS) decreased to US$1.24 from US$2.66 in FY 2023. Key banking performance indicators also showed a decrease in net interest margin to 2.19% and an increase in the cost-to-income ratio to 68.9%. The only revenue segment was banking, with general and administrative costs comprising 73% of total expenses. National Bankshares' share price remained stable over the past week, but there are three warning signs to consider. The significant decline in earnings and key financial metrics indicates a moderately noticeable influence on the company's future performance.

25 Jan

3

National Bankshares, Inc. reported earnings for the full year 2024, with earnings per share (EPS) at US$1.24, a significant decline from US$2.66 in FY 2023. This drop indicates a challenging financial performance for the company compared to the previous year. The decline in EPS suggests a moderately noticeable influence on financial performance and market sentiment.

23 Jan

4

National Bankshares, Inc. (NKSH) reported its Q4 earnings, showcasing a solid financial performance with notable increases in net income and earnings per share compared to the previous year. The bank's total assets and deposits also saw growth, reflecting a strong operational foundation. Management highlighted strategic initiatives aimed at enhancing customer service and expanding market reach, which are expected to contribute positively to future performance. Overall, the results indicate a robust financial position and a commitment to sustainable growth. Significant growth in net income and strategic initiatives indicate a strong potential for future performance improvements.

3

National Bankshares, Inc. (NKSH) reported its Q4 earnings, which matched analysts' estimates. The financial results reflect the company's stable performance in a challenging economic environment. Investors are likely to view this consistency positively, as it indicates resilience and effective management. Earnings matching estimates suggests stable performance but does not indicate significant changes in trajectory.

26 Oct

3

National Bankshares Third Quarter 2024 Earnings: Revenue up 5.1%, Net income down 13%, EPS at US$0.42 (vs US$0.52 in 3Q 2023). Moderately noticeable influence expected on financial performance and market sentiment.

18 Oct

4

Lara Ramsey promoted to President of National Bankshares, Inc. and The National Bank of Blacksburg effective January 1, 2025. The promotion of Lara Ramsey to President is a significant move that could impact the company's future trajectory and performance.

11 Oct

4

US markets are fluctuating, investors turn to dividend stocks for stability. National Bankshares, Inc. (NKSH) offers a high dividend yield but dividends not well covered by earnings. National Bankshares, Inc. (NKSH) future and market performance could be significantly impacted by high dividend yield not well covered by earnings.

14 Aug

3

National Bankshares (NKSH) reported a Q2 loss, missing revenue estimates. Shares have lost 10.1% this year. The article suggests a moderately noticeable influence on National Bankshares' future and market performance.

3

Top dividend stocks in the US for August 2024 include National Bankshares, Inc. with a 5.2% dividend yield. National Bankshares, Inc. faces profitability challenges despite a high dividend yield.

27 Jul

4

National Bankshares reported a net loss of US$306.0k in the second quarter of 2024, compared to a profit of US$3.90m in the same period in 2023. The significant decrease in profit and revenue for National Bankshares is expected to have a major impact on its future performance and market sentiment.

5 Jul

4

National Bankshares, Inc. (NKSH) is highlighted as a better dividend stock option compared to Cracker Barrel Old Country Store due to its stable and reliable dividends. The article discusses significant impact on National Bankshares, Inc. (NKSH) future and market performance due to its stable dividends and potential entry point for investors.

4 Jul

4

Top dividend stocks for July 2024 include National Bankshares, Inc. (NKSH) with a 5% dividend yield. National Bankshares, Inc. (NKSH) has shown consistent dividend growth and stability over the past decade, but recent financial results indicate a dip in profit margins and raise concerns about long-term sustainability.

3 Jun

4

National Bankshares, Inc. completed acquisition of Frontier Community Bank, expanding its operations and assets. The acquisition of Frontier Community Bank is a significant strategic move that will impact National Bankshares, Inc.'s future performance and competitive positioning.

27 Apr

4

National Bankshares First Quarter 2024 Earnings: Revenue down 21%, Net income down 52%, EPS at US$0.37 (vs US$0.77 in 1Q 2023). Significant impact likely on future performance due to major decrease in revenue, net income, and EPS.

21 Mar

3

National Bankshares reports decrease in revenue, net income, and EPS for FY 2023. The financial results show a moderately noticeable influence on the company's performance.

9 Mar

4

National Bankshares, Inc. (NASDAQ:NKSH) shareholders have endured a 2.8% loss from investing in the stock five years ago. The article highlights a significant impact on the future and market performance of National Bankshares, Inc. due to the underperformance of the stock over the last five years.

24 Jan

4

National Bankshares, Inc. to acquire Frontier Community Bank for approximately $17.1 million, expanding its assets to $1.7 billion. The acquisition of Frontier Community Bank is a significant move that is expected to alter National Bankshares, Inc.'s trajectory and market performance.

1 Oct

4

National Bankshares (NASDAQ:NKSH) shareholders have endured a 32% loss from investing in the stock five years ago. The article highlights significant share price decline and challenges faced by National Bankshares, indicating a potentially profound impact on the company's future performance.

11 Jul

4

National Bankshares (NASDAQ:NKSH) shows strong EPS growth, revenue increase, and insider buying, making it a promising investment. The article highlights significant positive developments that are expected to have a profound influence on National Bankshares' future performance.

stockrow.com/NKSH · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com