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Virginia National Bankshares Corp  (VABK)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial
 
Price: $25.0700 $-0.03 -0.120%
Day's High: $25.38 Week Perf: -7.29 %
Day's Low: $ 25.06 30 Day Perf: -15.9 %
Volume (M): 36 52 Wk High: $ 43.08
Volume (M$): $ 892 52 Wk Avg: $32.23
Open: $25.36 52 Wk Low: $24.96



 Market Capitalization (Millions $) 135
 Shares Outstanding (Millions) 5
 Employees 94
 Revenues (TTM) (Millions $) 63
 Net Income (TTM) (Millions $) 23
 Cash Flow (TTM) (Millions $) -127
 Capital Exp. (TTM) (Millions $) 1

Virginia National Bankshares Corp
Virginia National Bankshares Corporation was incorporated under the laws of the Commonwealth of Virginia on February 21, 2013 at the direction of the Board of Directors of Virginia National Bank (the “Bank”) for the purpose of acquiring all of the outstanding shares of the Bank and becoming the holding company of the Bank. On June 19, 2013, the shareholders of the Bank approved the Reorganization Agreement and Plan of Share Exchange, dated March 6, 2013, whereby the Bank would reorganize into a holding company structure.


   Company Address: 404 People Place Charlottesville 22911 VA
   Company Phone Number: 817-8621   Stock Exchange / Ticker: NASDAQ VABK
   


Customers Net Income fell by VABK's Customers Net Profit Margin fell to

-6.33 %

17.2 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BAC   -5.38%    
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COF   -2.52%    
JPM   -7.5%    
USB   -2.45%    
WFC   -0.93%    
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Virginia National Bankshares Corp

Virginia National Bankshares Corp Defies the Odds With an Impressive -16.453% Revenue Surge Amid Fiscal Challenges



Virginia National Bankshares Corp, a prominent player in the Commercial Banks sector, recently released its financial results for the fiscal time-frame ending September 30, 2023. The report indicates a decline in both revenue and income, signaling challenging times for the company. In this article, we will examine the context of these financial results, as well as provide an overview of Virginia National Bankshares Corp's current market performance.
A Look at the Financial Results:
Revenue and income for Virginia National Bankshares Corp dropped significantly in the third quarter of 2023. The income per share fell by -20.37% to $0.86, while year-on-year revenue declined by -16.453%. Revenue for this period stood at $13.82 million, compared to $16.54 million in the same period the previous year.

Virginia National Bankshares Corp

Virginia National Bankshares Corp Struggles with -5.127% Revenue Drop, Outpacing Commercial Banks Industry

Virginia National Bankshares Corp (VABK) experienced a weak financial period ending June 30, 2023, with a decrease in profitability and revenue compared to the previous year. The company's profitability decreased by -0.94% to $1.05 per share, while the revenue decreased by -5.127% to $15.49 million. This decline in top-line performance is in stark contrast to the rest of the Commercial Banks industry, which recorded a revenue improvement during the same period.
In addition, the earnings per share for VABK decreased by -2.78% from $1.08 per share, and the revenue decreased by -2.824% from $15.94 million sequentially. The bottom-line figure of $5.651 million for the financial period ending June 30, 2023, also fell by -0.6% compared to the corresponding period a year before.

Virginia National Bankshares Corp

Virginia National Bankshares Corp Reports Lower Revenue in Fiscal Period Ending March 31, 2023, Despite Increased Earnings and Improved Profit Margins

Virginia National Bankshares Corp, a banking and financial services company, recently released its financial report for the most recent fiscal period. While the company's revenue decreased by 0.791% compared to the previous year, the earnings per share increased by 17.39% to $1.08. The company's net income also increased by 17.61% to $5.791 million.
Despite the revenue drop, Virginia National Bankshares Corp was able to increase its earnings through efficient cost management. The company's profit margins also saw an improvement, with net margin rising to 36.34% and operating margin edging up to 44.4%.






 

Virginia National Bankshares's Segments
 
 
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