profit from every $100 of sales.
$0$100
National Bankshares
$39.59-0.05% today
+32.1% in 1 year
1-year low $28.661-year high $45.50
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $15.93 for every $1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What National Bankshares sold, what it kept, and what it did with the cash.
Sales went from $59.4 million in 2022 to $55.6 million in 2025, with $15.8 million of profit last year.
SalesProfit
National Bankshares handed back 63% of the cash it generated last year.
$10M
Free cash flow 2025$15M
Bought back its own shares–
Paid as dividends$10M
National Bankshares vs. similar companies
National Bankshares grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| National Bankshares | 15.9× · Fair price | ||
 China Merchants Bank | 7.7× · Cheap | ||
 DBS Group Holdings | 18.5× · Fair price | ||
 UniCredit | 11.5× · Cheap | ||
 HDFC Bank | 18.6× · Fair price |
AI analysis
An AI analyst reads National Bankshares's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 59 | 47 | 45 | 56 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 26 | 16 | 8 | 16 | |
| 4.33 | 2.66 | 1.24 | 2.49 | |
| – | – | – | – | |
| – | – | – | – | |
| 43.6% | 33.6% | 16.8% | 28.5% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,678 | 1,655 | 1,812 | 1,825 |
| Cash | 71 | 87 | 108 | 59 |
| Total debt | – | – | – | – |
| Total liabilities | 1,555 | 1,515 | 1,655 | 1,640 |
| 123 | 141 | 156 | 185 | |
| 6 | 6 | 6 | 6 | |
| – | – | – | – | |
| 21.1% | 11.2% | 4.9% | 8.6% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 30 | 16 | 9 | 18 | |
| 1 | 1 | 3 | 3 | |
| 28 | 14 | 6 | 15 | |
| Dividends paid | 9 | 15 | 9 | 10 |
| 6 | 0 | – | – | |
| 0 | 0 | 0 | 0 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 15.9×
- 12.3×
- –
- 1.3×
- 4.5×
- 6.3%
- 4.0%
Profitability
- 28.5%
- 1.0%
- 11.3%
- 9.8%
- 1.0%
Growth
- −2.2%
- −16.8%
- +1.7%
- +0.6%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 25%of 851
Top 42%of 734
Bottom 40%of 863
Bottom 17%of 860
Bottom 49%of 921
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 23, 2026 | 0.78 | 0.65 | +20.0% |
| Jan 22, 2026 | 0.84 | 0.68 | +23.5% |
| Oct 23, 2025 | 0.69 | 0.66 | +4.5% |
| Aug 13, 2025 | 0.61 | 0.61 | +0.0% |
| Apr 24, 2025 | 0.48 | 0.52 | −7.7% |
| Mar 26, 2025 | 0.48 | 0.55 | −12.0% |
| Oct 24, 2024 | 0.42 | 0.38 | +10.5% |
| Aug 14, 2024 | -0.05 | 0.12 | −141.7% |
4.0%of the share price, paid each year
On $1,000 invested$40a year at today's yield, before tax
+1.7%2020 to 2025
Raised–not every year
Paid per share, each year
$1.14 in 2015 → $1.51 in 2025
How safe it looks
60.7% of its profit
Room to growStretchedMore than it earns: 63.4%
News
National Energy Services Reunited declares $0.10 dividendSeeking Alpha · Nov 10, 20263 US Defense Stocks Worth Watching As Nvidia Questions Hit National SecurityYahoo Finance · Nov 9, 2026Auburn National GAAP EPS of $0.72, revenue of $9.1MSeeking Alpha · Oct 27, 2026United CEO backs national wealth tax, inheritance leviesSeeking Alpha · Oct 20, 2026Butler National boosts share buyback authorization to $11.9MSeeking Alpha · Oct 7, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
56No pass
Benjamin Graham
69Pass
Philip Fisher
59No pass
Peter Lynch
31No pass
Joel Greenblatt
14No pass
Charlie Munger
60Pass
Terry Smith
50No pass
Questions about National Bankshares
Is National Bankshares a good stock to buy?
A strong, very profitable business at a fair price. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the National Bankshares AI analysis
What does National Bankshares do?
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. It is in Banks - Regional.
Does National Bankshares pay a dividend?
Yes. At today's price the dividend is 4.0% a year, about 61% of its yearly profit. In 2025 it paid out $9.61 million in dividends.
Is National Bankshares stock halal?
No. National Bankshares does not pass our halal screen: its main business, banking, is not permitted. How we check
How has National Bankshares stock done over the past year?
Up 32.1% over the past twelve months, to $39.59. It traded between $28.66 and $45.50 and is 13.0% below its high.
Who are National Bankshares's competitors?
The largest listed companies in the same industry are China Merchants Bank, DBS Group Holdings, UniCredit and HDFC Bank. The peers table on this page compares their profit, growth and price with National Bankshares's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.