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

National Bankshares Inc's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for National Bankshares Inc in the forth quarter 2023?
National Bankshares Inc achieved a return on average equity (ROE) of 12.16 % in its forth quarter 2023, this is above NKSH's average return on equity of 10.62%.
National Bankshares Inc shareholder's equity over the 12 months ending in its forth quarter 2023 are valued at $129 million

ROE fell compared to the third quarter 2023, despite the net income growth of 36.14% from the third quarter 2023.

Within the Commercial Banks industry 15 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the third quarter 2023 from 813 to 871.

What is ROE?



Return On Equity (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity Change 14.54 % 3.5 % -5.72 % -18.75 % -
Y / Y Net Income Change -55.05 % -50.11 % -30.01 % -7.27 % 77.3 %
Net Income (TTM) in Millions 16 21 24 26 26
Return On Equity (TTM) 12.16 % 16.71 % 19.34 % 20.37 % 19.48 %
NKSH's Total Ranking # 871 # 813 # 717 # 708 # 956
Equity (TTM) in Millions 141 116 128 131 123
Seq. Equity Change 21.02 % -9.6 % -1.98 % 6.81 % 9.36 %
Seq. Net Income Change 36.14 % -21.2 % -13.9 % -51.33 % 51.09 %

Return On Equity Company Ranking
Within: No.
Industry # 16
Sector # 174
Overall # 871

Return On Equity Statistics
High Average Low
20.37 %
10.62 %
7.4 %
(Mar 31 2023)   (Mar 31 2018)





NKSH Annual Return On Equity (Dec 31 2023)
2023
(Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2020)
2020
(Dec 31 2019)
2019
Total Equity in Millions 141 123 192 201 184
Y / Y Equity Change 14.54 % -36.02 % -4.41 % 9.19 % -3.42 %
Net Income in Millions 16 26 20 16 17
Y / Y Net Income Change -39.49 % 27.23 % 26.78 % -7.95 % 8.14 %
Return On Equity 11.17 % 21.14 % 10.63 % 8.01 % 9.51 %





Annual Roe Comment
In 2023 ROE decreased compared to the previous year to 11.17 %, due to deterioration of net income.


More Return On Equity Ratios
Commercial Banks Industry Roe Trends and Statistics
Financial Sector Return On Equity Statistics
NKSH's' Return on Equity at Yahoo Finance
NKSH's Roe Ratio versus Commercial Banks Industry, Financial Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Roe for NKSH's Competitors
Return On Equity for National Bankshares Inc's Suppliers
Roe for NKSH's Customers




Companies with similar Return On Equity at Dec 31 2023, within Financial Sector ROE
Kinsale Capital Group Inc   33.32 %
Marsh and Mclennan Companies Inc   32.16 %
Slm Corp  31.80 %
Everest Group Ltd   31.18 %
American Express Co  30.99 %
Hamilton Lane Inc  30.79 %
Molina Healthcare Inc   29.09 %
Arch Capital Group Ltd   28.56 %
Erie Indemnity Company  28.29 %
Atlanticus Holdings Corp  27.68 %
Regions Financial Corporation  27.29 %
Federated Hermes Inc   27.28 %
Cme Group Inc   26.67 %
Unitedhealth Group Incorporated  25.92 %
Bread Financial Holdings Inc   25.57 %
Federal National Mortgage Association Fannie Mae  24.48 %
Federal Home Loan Mortgage Corporation  24.31 %
Pathward Financial Inc   24.21 %
Enstar Group Ltd  23.95 %
Westamerica Bancorporation  23.82 %
Manhattan Bridge Capital Inc   23.79 %
Globe Life Inc   22.93 %
Crossfirst Bankshares inc   22.77 %
Plumas Bancorp  22.70 %
Rli Corp  22.70 %
The Bank Of N t Butterfield and Son Limited  22.47 %
Sei Investments Company  22.40 %
Euronet Worldwide Inc   22.16 %
Crown Castle Inc  21.99 %
Aflac Incorporated  21.96 %


Date modified: 2024-03-19T22:45:23+00:00



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