Virginia National Bankshares Corp (VABK) Form 8-K — Apr 23, 2026
Virginia National Bankshares Corporation reported first quarter 2026 net income of $5.3 million, or $0.97 per diluted share, representing a 17.2% increase in net income compared to the first quarter of 2025. The growth was driven by a 19 basis point reduction in the cost of funds and lower non-interest expense, with the efficiency ratio improving to 56.6% from 62.4% year-over-year. The Board of Directors declared a quarterly cash dividend of $0.36 per share, payable on May 29, 2026, to stockholders of record as of May 13, 2026. This dividend implies an annualized yield of approximately 3.50% based on the closing price on April 21, 2026.
Key figures
- Eps
- 0.97
- Shares Outstanding
- 5422513
Price after filing
Close on the filing date to close N calendar days later (from $41.43). Historical, not a forecast.
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