National Bankshares (NASDAQ:NKSH) Announces Earnings Results

Posted by Joseph McCarthy on Jan 25th, 2025

National Bankshares (NASDAQ:NKSH – Get Free Report) issued its earnings results on Thursday. The bank reported $0.48 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.48, Zacks reports. National Bankshares had a net margin of 11.44% and a return on equity of 5.85%.

National Bankshares Price Performance

Shares of NKSH opened at $29.34 on Friday. The firm has a market capitalization of $186.60 million, a P/E ratio of 20.23 and a beta of 0.61. National Bankshares has a one year low of $26.00 and a one year high of $35.00. The business has a fifty day moving average of $29.82 and a 200 day moving average of $29.79.

National Bankshares Increases Dividend

The company also recently declared a semi-annual dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, November 25th were issued a dividend of $0.78 per share. This represents a dividend yield of 5%. This is a boost from National Bankshares’s previous semi-annual dividend of $0.55. The ex-dividend date of this dividend was Monday, November 25th. National Bankshares’s dividend payout ratio is presently 107.59%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on NKSH shares. Janney Montgomery Scott raised shares of National Bankshares from a “neutral” rating to a “buy” rating and set a $38.00 price target for the company in a research report on Friday, November 22nd. StockNews.com lowered National Bankshares from a “hold” rating to a “sell” rating in a report on Friday.

View Our Latest Stock Analysis on National Bankshares

National Bankshares Company Profile

(Get Free Report)

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, health savings accounts, and individual retirement accounts.