Virginia National Bankshares Corp (VABK) Virginia National Bankshares Corporation operates as the parent entity for Virginia National Bank, delivering a comprehensive suite of commercial banking solutions. Its operations are structured into four distinct divisions: the primary banking segment, Sturman Wealth Advisors, VNB Trust and Estate Services, and Masonry Capital. The institution provides a diverse range of deposit products, including checking accounts, demand deposits, NOW accounts, money market savings, time deposits, certificates of deposit (CDs), and individual retirement accounts (IRAs), among other related savings options. Furthermore, it extends various lending services, such as financing for commercial and industrial ventures, real estate loans for construction and land development, commercial property loans, mortgages for 1-4 family homes, and consumer credit offerings like student loans, revolving lines of credit, and installment loans. Ancillary services include access to automated teller machines (ATMs), online banking platforms, treasury management solutions, cash handling services, and merchant and debit card processing. The company also delivers wealth management, investment advisory, brokerage, insurance, and consulting services. Its specialized offerings extend to investment management, acting as a corporate trustee, trust and estate administration, IRA administration, in-house investment management, and custodial services. Its clientele encompasses private individuals, businesses, and non-profit organizations. As of December 31, 2021, the corporation maintained a network of sixteen full-service banking branches situated in the cities of Charlottesville, Manassas, Richmond, and Winchester, alongside locations in the counties of Albemarle, Fauquier, and Prince William. Established in 1998, Virginia National Bankshares Corporation's main office is located in Charlottesville, Virginia.
Sector: National Commercial Banks
Industry: Banks - Regional
Virginia National Bankshares Corporation NASDAQ:VABK Financial Services · Banks - Regional
Mkt Cap $266.65M
Div Yield 2.93%
AH Close $49.15 +0.00% vs close
AH Close $49.15 +0.00% vs close
Mkt Cap $266.65M
Div Yield 2.93%
All Press Release SEC Filings News
SEC Filing
VABK: 8-K · share repurchase
Virginia National Bankshares Corporation announced on October 6, 2026 a share repurchase plan authorizing buybacks of up to $18.7 million of its common stock, par value $2.50 per share, through October 5, 2027.
Repurchases may occur in the open market, privately negotiated transactions, or otherwise, structured to comply with Rule 10b-18 pricing and volume requirements, and the company may use Rule 10b5-1 plans.
The plan does not obligate the company to repurchase any particular amount and may be extended, modified, suspended, or discontinued at any time at management's discretion.
SEC 8-K • 18d ago SEC Filing ⚠ 4
VABK: 10-Q · periodic report
Virginia National Bankshares Corporation reported Q2 2026 net income of $9.0 million, or $1.65 per diluted share, more than double the $4.2 million ($0.78) earned a year earlier; first-half net income rose to $14.3 million from $8.7 million.
The quarter included a one-time $4.662 million gain on the sale of a limited partnership interest in Bearing Insurance Group, LLC, but core results also improved, with net interest margin (FTE) expanding 25 bps to 3.65% and the efficiency ratio improving to 41.6% from 61.2%.
The balance sheet remains clean: total assets are $1.6 billion, loans $1.23 billion, and deposits $1.4 billion (down 1.6% from year-end), while nonaccruals sit at just 0.17% of loans with the allowance for credit losses at 0.66%.
Tangible book value per share climbed to $34.05 from $29.63 a year ago, and management reported no material changes to risk factors or internal controls during the quarter.
SEC 10-Q • 2mo ago AI analysis › Press Release ● Major
VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES 2026 SECOND QUARTER EARNINGS AND QUARTERLY DIVIDEND
Virginia National Bankshares reported Q2 net income of $9.0 million, or $1.65 per share, more than doubling the $4.2 million earned in the prior year period.
The results were driven by a 13 basis point reduction in the cost of funds, lower non-interest expense, and a gain on the sale of a limited investment partnership interest.
The Board declared a quarterly cash dividend of $0.36 per share, payable August 28, 2026, while the efficiency ratio improved significantly to 41.6% from 61.2%.
• 3mo ago AI analysis › SEC Filing ⚠ 1
VABK: 8-K · proxy statement
Virginia National Bankshares Corporation held its 2026 Annual Meeting of Shareholders on June 25, 2026. Shareholders elected 11 nominees to the board of directors, including John B. Adams, Jr. and Robert L. Burrows, Jr., to serve until the 2027 annual meeting.
On an advisory basis, the company's shareholders approved the executive compensation as disclosed in the proxy statement. Additionally, shareholders ratified the appointment of Yount, Hyde & Barbour, P.C. as the independent registered public accounting firm for the fiscal year 2026.
The voting results indicated strong support for most nominees and the auditor ratification, though William D. Dittmar, Jr. received 1,224,307 withheld votes against 2,142,696 votes for, representing a notable level of opposition compared to other directors.
SEC 8-K • 3mo ago SEC Filing
VABK: 8-K · leadership change
Virginia National Bankshares Corp (VABK) entered into a management continuity agreement with CFO Cathy W. Liles on May 11, 2026. The agreement mandates a two-year employment continuation with commensurate compensation in the event of a change in control.
If Ms. Liles’s employment terminates without cause or for good reason within six months prior to a change in control or during the continuity period, she is entitled to severance equal to two times her annual base salary plus average bonus and 401(k) contributions. The agreement also includes a salary increase to $375,000 and standard clawback provisions.
This filing under Item 5.02 is a routine governance disclosure often associated with succession planning or potential M&A activity, but it does not confirm any specific transaction or immediate change in leadership status.
SEC 8-K • 5mo ago AI analysis › SEC Filing
VABK: 10-Q · periodic report
Virginia National Bankshares Corporation reported a net income of $5.3 million for the three months ended March 31, 2026, a 17.1% increase from $4.5 million in the same period of 2025. This growth was primarily driven by a decrease in interest expense and a reduction in noninterest expenses.
The company's net interest income after recovery of credit losses increased to $13.2 million, up from $12.5 million in the same period last year. The net interest margin (FTE) improved to 3.40%, a 12 basis point increase from 3.28% in the prior year.
Noninterest expenses decreased by 7.1% to $8.2 million, primarily due to lower data processing costs and reduced expenses associated with debit and ATM card programs.
The company's tangible book value per share increased to $32.51 as of March 31, 2026, up from $28.84 in the same period last year, reflecting a strong equity position and a decline in intangible assets.
SEC 10-Q • 5mo ago AI analysis › SEC Filing
VABK: 8-K · asset sale
Virginia National Bankshares Corporation announced that its indirect wholly-owned subsidiary, Fauquier Bank Services, Inc., completed the sale of its interest in Bearing Insurance Group, LLC on May 1, 2026. Bearing Insurance Group is described as a full-service insurance agency.
The company expects to realize a pre-tax gain of approximately $4.7 million from this transaction. This gain is scheduled to be reflected in the company's operating results for the second quarter of 2026.
SEC 8-K • 5mo ago Press Release
VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES 2026 FIRST QUARTER EARNINGS AND QUARTERLY DIVIDEND
Virginia National Bankshares reported Q1 2026 net income of $5.3 million, or $0.97 per diluted share, representing a 17.2% increase from the prior year.
The growth was driven by a 19 basis point reduction in cost of funds and a 7.1% decrease in noninterest expense, which boosted the efficiency ratio to 56.6%.
The Board declared a quarterly dividend of $0.36 per share, implying an annualized yield of roughly 3.50%.
Asset quality remained robust with nonperforming assets comprising just 0.36% of total assets.
• 6mo ago AI analysis › 
