CSIMarket
 


National Bankshares Inc  (NKSH)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial
 

NKSH's Operating Income Growth by Quarter and Year

National Bankshares Inc's Operating Income results by quarter and year




NKSH Operating Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December 5.06 11.50 6.35 0.94
III Quarter September 3.69 7.55 6.95 4.94
II Quarter June 4.44 6.77 5.55 8.24
I Quarter March 5.48 5.94 5.78 5.74
FY   18.67 31.76 24.63 19.86



NKSH Operating Income fourth quarter 2023 Y/Y Growth Comment
National Bankshares Inc reported drop in Operating Income in the fourth quarter 2023 by -55.97% to $ 5.06 millions, from the same quarter in 2022.
The fall in the fourth quarter 2023 National Bankshares Inc's Operating Income compares unfavorably to the Company's average Operating Income growth of 4.57%.

Looking into fourth quarter 2023 results within Commercial Banks industry 9 other companies have achieved higher Operating Income growth. While National Bankshares Inc' s Operating Income meltdown of -55.97% ranks overall at the positon no. 527 in the fourth quarter 2023.

Explain Operating Income growth


NKSH Operating Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December -55.97 % 81.1 % 575.53 % -81.35 %
III Quarter September -51.13 % 8.63 % 40.69 % 4.44 %
II Quarter June -34.42 % 21.98 % -32.65 % 59.38 %
I Quarter March -7.74 % 2.77 % 0.7 % 12.11 %
FY   -41.2 % 28.95 % 24.02 % -1 %

Financial Statements
National Bankshares Inc's fourth quarter 2023 Operating Income $ 5.06 millions NKSH's Income Statement
National Bankshares Inc's fourth quarter 2022 Operating Income $ 11.50 millions Quarterly NKSH's Income Statement
New: More NKSH's historic Operating Income Growth >>


NKSH Operating Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December 37.24 % 52.32 % -8.63 % -80.97 %
III Quarter September -16.89 % 11.52 % 25.23 % -40.05 %
II Quarter June -18.98 % 13.97 % -3.98 % 43.55 %
I Quarter March -52.35 % -6.46 % 514.89 % 13.89 %
FY (Year on Year)   -41.2 % 28.95 % 24.02 % -1 %




Operating Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry #10
Financial Sector #127
Overall #527

Operating Income Y/Y Growth Statistics
High Average Low
51.19 % 4.57 % -41.21 %
(Jun 30 2022)   (Dec 31 2023)
Operating Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry #10
Financial Sector #127
Overall #527
Operating Income Y/Y Growth Statistics
High Average Low
51.19 % 4.57 % -41.21 %
(Jun 30 2022)   (Dec 31 2023)

Operating Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

National Bankshares Inc's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
516.99 % 16.5 % -100 %
(Mar 31 2021)  


NKSH's IV. Quarter Q/Q Operating Income Comment
National Bankshares Inc achieved in the IV. Quarter 2023 above company average sequential Operating Income jump of 37.24%, to $ 5.06 millions, from $3.69 millions in the third quarter.

Within Commercial Banks industry 4 other companies have achieved higher Operating Income quarter on quarter growth. While National Bankshares Inc's Operating Income growth quarter on quarter, overall rank is 332.


Operating Income Q/Q Growth Company Ranking
Within: No.
Commercial Banks Industry #5
Financial Sector #89
Overall #332
Operating Income Q/Q Growth Company Ranking
Within: No.
Commercial Banks Industry #5
Financial Sector #89
Overall #332
Operating Income Q/Q Growth Statistics
High Average Low
516.99 % 16.5 % -100 %
(Mar 31 2021)  


NKSH's IV. Quarter Q/Q Operating Income Comment
National Bankshares Inc achieved in the IV. Quarter 2023 above company average sequential Operating Income jump of 37.24%, to $ 5.06 millions, from $3.69 millions in the third quarter.

Within Commercial Banks industry 4 other companies have achieved higher Operating Income quarter on quarter growth. While National Bankshares Inc's Operating Income growth quarter on quarter, overall rank is 332.


National Bankshares Inc's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
Cumulative Operating Income 12 Months Ending $ 18.68 $ 25.12 $ 28.98 $ 31.30 $ 31.76
Y / Y Operating Income Growth (TTM) -41.21 % -5.62 % 11.41 % 26.24 % 28.94 %
Year on Year Operating Income Growth Overall Ranking # 426 # 420 # 351 # 660 # 762
Seqeuential Operating Income Change (TTM) -25.64 % -13.33 % -7.43 % -1.45 % 19.36 %
Seq. Operating Income Growth (TTM) Overall Ranking # 527 # 921 # 1110 # 1117 # 717




Cumulative Operating Income growth Comment
National Bankshares Inc's cumulative 12 months Operating Income continue to drop, but on the faster rate at -41.21% year on year, at Dec 31 2023 compare to the -5.62% decrease at Sep 30 2023. If the National Bankshares Inc's fiscal year would end at Dec 31 2023, annual Operating Income would be $19 millions.

In the Financial sector 100 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 420 to 426.

Operating Income TTM Q/Q Growth Statistics
High Average Low
51.19 %
4.57 %
-41.21 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry # 10
Financial Sector # 101
Overall # 426

Operating Income TTM Y/Y Growth Statistics
High Average Low
51.19 %
4.57 %
-41.21 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 10
Sector # 127
S&P 500 # 527
Cumulative Operating Income growth Comment
National Bankshares Inc's cumulative 12 months Operating Income continue to drop, but on the faster rate at -41.21% year on year, at Dec 31 2023 compare to the -5.62% decrease at Sep 30 2023. If the National Bankshares Inc's fiscal year would end at Dec 31 2023, annual Operating Income would be $19 millions.

In the Financial sector 100 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 420 to 426.

Operating Income TTM Q/Q Growth Statistics
High Average Low
51.19 %
4.57 %
-41.21 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry # 10
Financial Sector # 101
Overall # 426

Operating Income TTM Y/Y Growth Statistics
High Average Low
51.19 %
4.57 %
-41.21 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 10
Sector # 127
S&P 500 # 527




Other Operating Income Growth
Commercial Banks Industry Operating Income Growth Trends and Statistics
Financial Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
NKSH's Operating Income Growth Ratio versus Commercial Banks Industry, Financial Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for NKSH's Competitors
Operating Income Growth for National Bankshares Inc's Suppliers
Operating Income Growth for NKSH's Customers

You may also want to know
NKSH's Annual Growth Rates NKSH's Profitability Ratios NKSH's Asset Turnover Ratio NKSH's Dividend Growth
NKSH's Roe NKSH's Valuation Ratios NKSH's Financial Strength Ratios NKSH's Dividend Payout Ratio
NKSH's Roa NKSH's Inventory Turnover Ratio NKSH's Growth Rates NKSH's Dividend Comparisons



Companies with similar Operating Income drop for the quarter ending Dec 31 2023 within Financial SectorY/Y Change %Operating Income for the quarter ending Dec 31 2023
Orix Corporation-1.07%$ -1.070 millions
Security Federal Corp-1.47%$ -1.472 millions
Reinsurance Group Of America Incorporated-1.75%$ -1.753 millions
Hamilton Lane Inc-2.09%$ -2.087 millions
Ohio Valley Banc Corp-3.34%$ -3.342 millions
Independent Bank Corporation-3.45%$ -3.454 millions
Cohen and Steers Inc -3.60%$ -3.595 millions
Plumas Bancorp-3.83%$ -3.831 millions
Pathward Financial Inc -3.90%$ -3.903 millions
Crown Castle Inc-3.92%$ -3.922 millions
Cno Financial Group Inc -4.22%$ -4.215 millions
Unity Bancorp inc -4.31%$ -4.305 millions
Intercontinental Exchange Inc -4.71%$ -4.707 millions
Progressive Corp-5.90%$ -5.899 millions
Barclays Plc-6.49%$ -6.489 millions
Republic Bancorp inc -6.62%$ -6.619 millions
Onemain Holdings Inc -6.75%$ -6.751 millions
Chemung Financial Corp-6.76%$ -6.761 millions
Iron Mountain Inc-7.03%$ -7.027 millions
Federal Home Loan Bank Of Boston-7.05%$ -7.049 millions
Tfs Financial Corporation-7.08%$ -7.077 millions
Franklin Financial Services Corporation-7.37%$ -7.368 millions
S and t Bancorp Inc -8.41%$ -8.410 millions
Sierra Bancorp-8.45%$ -8.453 millions
Kilroy Realty Corporation-8.67%$ -8.667 millions
Safety Insurance Group Inc -8.76%$ -8.758 millions
Avalonbay Communities inc -8.79%$ -8.789 millions
City Holding Company-9.08%$ -9.076 millions
Us Bancorp De-9.17%$ -9.173 millions
Magyar Bancorp Inc -9.19%$ -9.189 millions




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com