National Bankshares, Inc. operates as the bank holding company for the National Bank of Blacksburg that provides retail and commercial banking products and services to individuals, businesses, non-profits, and local governments. The company accepts interest-bearing and non-interest bearing demand deposit accounts, money market deposit accounts, savings accounts, certificates of deposit, and individual retirement accounts. Its loan products include commercial and agricultural, commercial real estate, residential real estate, home equity, and various consumer loan products, as well as loans for the construction of commercial and residential properties. The company also provides business and consumer debit and credit cards; letters of credit, night depository services, safe deposit boxes, utility payment services, and automatic funds transfer; wealth management, trust, and estate services; non-deposit investment and insurance products; and telephone, mobile, and Internet banking services. It operates 25 full-service offices, a loan production office, and 24 automated teller machines in Southwest Virginia. National Bankshares, Inc. was founded in 1891 and is headquartered in Blacksburg, Virginia.
IPO Year:
Exchange: NASDAQ
Website: nationalbankshares.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/24/2023 | $34.00 → $31.00 | Overweight → Neutral | Piper Sandler |
| 6/2/2022 | $37.00 | Neutral | Janney |
SC 13G - NATIONAL BANKSHARES INC (0000796534) (Subject)
Piper Sandler downgraded Natl Bankshares from Overweight to Neutral and set a new price target of $31.00 from $34.00 previously
Janney initiated coverage of Natl Bankshares with a rating of Neutral and set a new price target of $37.00
10-Q - NATIONAL BANKSHARES INC (0000796534) (Filer)
8-K - NATIONAL BANKSHARES INC (0000796534) (Filer)
8-K - NATIONAL BANKSHARES INC (0000796534) (Filer)
8-K - NATIONAL BANKSHARES INC (0000796534) (Filer)
10-Q - NATIONAL BANKSHARES INC (0000796534) (Filer)
8-K - NATIONAL BANKSHARES INC (0000796534) (Filer)
8-K - NATIONAL BANKSHARES INC (0000796534) (Filer)
8-K - NATIONAL BANKSHARES INC (0000796534) (Filer)
8-K - NATIONAL BANKSHARES INC (0000796534) (Filer)
8-K - NATIONAL BANKSHARES INC (0000796534) (Filer)
Board Takes Action to More Closely Align Long-Term Incentives with Shareholders Through Compensation Plan Changes Shareholders Should Return WHITE Proxy Card BLACKSBURG, Va., March 27, 2023 /PRNewswire/ -- National Bankshares, Inc. (the "Company") (Nasdaq: NKSH) has filed its definitive proxy statement and form of WHITE proxy card with the Securities and Exchange Commission (the "SEC") in connection with the Company's Annual Meeting of Shareholders to be held on May 9, 2023. The Company urged shareholders to vote for the Board of Directors ("Board") nominees supported by the Company. "These outstanding directors have earned shareholders' support by driving a successful strategy and strong re
BLACKSBURG, Va., Oct. 18, 2024 (GLOBE NEWSWIRE) -- National Bankshares, Inc. is pleased to announce the promotion of Lara E. Ramsey to President of the Company and its subsidiary bank, The National Bank of Blacksburg, effective January 1, 2025. Ms. Ramsey has been with the Company since 1996, most recently as Executive Vice President and Chief Operating Officer. During her career at National Bankshares she has led the Company's Investment, Human Resources, Marketing, Training, Corporate Administration, and Strategic Initiative functions. The Company's current President and Chief Executive Officer, F. Brad Denardo, will continue to serve as Chairman and Chief Executive Officer of the
BLACKSBURG, Va., June 03, 2024 (GLOBE NEWSWIRE) -- National Bankshares, Inc. (Nasdaq: NKSH - "National Bankshares" or the "Company"), the holding company for The National Bank of Blacksburg ("National Bank"), completed its acquisition of Frontier Community Bank ("Frontier") effective June 1, 2024. Following the transaction, valued at approximately $16.07 million, National Bankshares now operates 27 full-service offices along with two loan production offices, and has approximately $1.8 billion in total assets. Under the previously announced terms of the merger, each share of Frontier common stock was converted into $14.48 in cash or 0.4250 shares of National Bankshares common stock, with F
BLACKSBURG, Va. and WAYNESBORO, Va., Jan. 24, 2024 (GLOBE NEWSWIRE) -- National Bankshares, Inc. ("National Bankshares" or the "Company") (NASDAQ:NKSH) and Frontier Community Bank ("Frontier") jointly announced today that they have entered into a definitive merger agreement for National Bankshares to acquire Frontier. As of September 30, 2023, Frontier had total assets of approximately $154 million. Upon completion of the transaction, National Bankshares is expected to have total consolidated assets of approximately $1.7 billion based on September 30, 2023 financial data. "We are pleased to announce our partnership with Frontier Community Bank, and we believe that our compatible cultu
BLACKSBURG, Va., March 31, 2023 /PRNewswire/ -- National Bankshares, Inc. (the "Company") (Nasdaq: NKSH) announced that Driver Management Company LLC ("Driver") has withdrawn its nominees for the Company's Board of Directors (the "Board"). The withdrawal of Driver's nominees is not the result of any concessions by the Company or negotiated settlement with Driver. Shareholders will receive further information and an updated proxy card in the coming days. The Company urges investors to support the four nominees up for reelection to the Board and to vote in favor of the stock incentive plan on the ballot at the Annual Meeting of Shareholders to be held on May 9, 2023. "We are grateful for th
Board Takes Action to More Closely Align Long-Term Incentives with Shareholders Through Compensation Plan Changes Shareholders Should Return WHITE Proxy Card BLACKSBURG, Va., March 27, 2023 /PRNewswire/ -- National Bankshares, Inc. (the "Company") (Nasdaq: NKSH) has filed its definitive proxy statement and form of WHITE proxy card with the Securities and Exchange Commission (the "SEC") in connection with the Company's Annual Meeting of Shareholders to be held on May 9, 2023. The Company urged shareholders to vote for the Board of Directors ("Board") nominees supported by the Company. "These outstanding directors have earned shareholders' support by driving a successful strategy and strong re
4 - NATIONAL BANKSHARES INC (0000796534) (Issuer)
4 - NATIONAL BANKSHARES INC (0000796534) (Issuer)
4 - NATIONAL BANKSHARES INC (0000796534) (Issuer)
4 - NATIONAL BANKSHARES INC (0000796534) (Issuer)
4 - NATIONAL BANKSHARES INC (0000796534) (Issuer)
4 - NATIONAL BANKSHARES INC (0000796534) (Issuer)
4 - NATIONAL BANKSHARES INC (0000796534) (Issuer)
3 - NATIONAL BANKSHARES INC (0000796534) (Issuer)
4 - NATIONAL BANKSHARES INC (0000796534) (Issuer)
4 - NATIONAL BANKSHARES INC (0000796534) (Issuer)
4 - NATIONAL BANKSHARES INC (0000796534) (Issuer)
4 - NATIONAL BANKSHARES INC (0000796534) (Issuer)
4 - NATIONAL BANKSHARES INC (0000796534) (Issuer)
4 - NATIONAL BANKSHARES INC (0000796534) (Issuer)
Understanding Value Stocks A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. The following stocks are considered to be notable value stocks in the financial services sector: First Western Financial (NASDAQ:MYFW) - P/E: 7.53 M&T Bank (NYSE:MTB) - P/E: 6.4 Sound Financial Bancorp (NASDAQ:SFBC) - P/E: 9.06 National Bankshares (NASDAQ:NKSH) - P/E: 5.79 K
On Tuesday, 647 companies set new 52-week lows. Things to Consider About Today's 52-Week Lows: Bank of America (NYSE:BAC) was the biggest company on a market cap basis to set a new 52-week low. Blue Star Foods (NASDAQ:BSFC) was the smallest company by market cap to set a new 52-week low. Stryve Foods (NASDAQ:SNAX) shares dropped the most, trading down 27.96% to reach its new 52-week low. Royal Bank of Canada (NYSE:RY) shares rebounded the highest, with shares trading up 0.0%, bouncing back after reaching its new 52-week low. Stocks dropping to new 52-week lows on Tuesday: Bank of America (NYSE:BAC) shares set a new yearly low of $26.16 this morning. The stock was down 0.75% on
On Tuesday, 210 companies reached new 52-week lows. Interesting Points From Today's 52-Week Lows: Enbridge (NYSE:ENB) was the largest firm by market cap to set a new 52-week low. First Wave BioPharma (NASDAQ:FWBI) was the smallest company in terms of market cap to set a new 52-week low. Republic First Bancorp (NASDAQ:FRBK)'s stock came under the most pressure, trading down 37.14% to reach a new 52-week low. Monro (NASDAQ:MNRO)'s stock bounced back the most, actually rising 0.0% after reaching its new 52-week low. The stocks that set new 52-week lows on Tuesday: Enbridge (NYSE:ENB) stock set a new 52-week low of $34.46 on Tuesday, moving down 0.63%. Target (NYSE:TGT) stock hit
Upgrades Maxim Group upgraded the previous rating for Galmed Pharmaceuticals Ltd (NASDAQ:GLMD) from Hold to Buy. For the first quarter, Galmed Pharmaceuticals had an EPS of $1.09, compared to year-ago quarter EPS of $3.60. The stock has a 52-week-high of $14.18 and a 52-week-low of $1.10. At the end of the last trading period, Galmed Pharmaceuticals closed at $1.15. For Nutrien Ltd (NYSE:NTR), Wells Fargo upgraded the previous rating of Equal-Weight to Overweight. Nutrien earned $1.11 in the first quarter, compared to $2.70 in the year-ago quarter. The stock has a 52-week-high of $102.70 and a 52-week-low of $52.23. At the end of the last trading period, Nutrien closed at $64.26. Raymo
Piper Sandler analyst Brandan Nosal downgrades National Bankshares (NASDAQ:NKSH) from Overweight to Neutral and lowers the price target from $34 to $31.
National Bankshares (NASDAQ:NKSH) reported quarterly earnings of $0.58 per share which missed the analyst consensus estimate of $0.73 by 20.55 percent. This is a 37.63 percent decrease over earnings of $0.93 per share from the same period last year. The company reported quarterly sales of $12.01 million which missed the analyst consensus estimate of $12.80 million by 6.19 percent. This is a 10.30 percent decrease over sales of $13.39 million the same period last year.
National Bankshares (NASDAQ:NKSH) reported quarterly earnings of $0.66 per share which missed the analyst consensus estimate of $0.73 by 9.59 percent. This is a 29.03 percent decrease over earnings of $0.93 per share from the same period last year. The company reported quarterly sales of $12.01 million which missed the analyst consensus estimate of $12.70 million by 5.45 percent. This is a 10.30 percent decrease over sales of $13.39 million the same period last year.
Friday's session saw 100 companies set new 52-week lows. Interesting Highlights From Today's 52-Week Lows: BioNTech (NASDAQ:BNTX) was the largest, in terms of market cap, to set a new 52-week low. Vyant Bio (NASDAQ:VYNT) was the smallest, in terms of market cap, to set a new 52-week low. Soligenix (NASDAQ:SNGX)'s stock came under the most pressure, trading down 47.37% to reach a new 52-week low. Barings BDC (NYSE:BBDC) shares were the most resilient of the group, as shares actually moved up 0.0% in response to hitting its 52-week low. On Friday, the following stocks broke to new 52-week lows: BioNTech (NASDAQ:BNTX) stock achieved a new 52-week low on Friday morning, hitting $1
On Thursday, 498 companies reached new 52-week lows. Things to Consider About Today's 52-Week Lows: Pfizer (NYSE:PFE) was the biggest company in terms of market cap to set a new 52-week low. The smallest company by market cap to set a new 52-week low was NovaBay Pharmaceuticals (AMEX:NBY). Mullen Automotive (NASDAQ:MULN)'s stock traded down the lowest, falling 2028.33% to reach a new 52-week low. Innoviz Technologies (NASDAQ:INVZ) shares were the most resilient, as shares rose 0.0%, rebounding from its new 52-week low. The following stocks created new 52-week lows on Thursday: Pfizer (NYSE:PFE) stock drifted down 0.18% on Thursday morning to hit a new 52-week low of $38.02. C