Virginia National Bankshares Corp (VABK) Form 10-Q — May 12, 2026
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.
Key figures
- Eps
- 0.97
- Revenue
- 1489
- Net Income
- 5259
- Total Debt
- 3566
- Revenue Yoy
- -15.4
- Cash Position
- 76866
- Net Interest Income
- 13242
- Net Interest Income Yoy
- 6.3
- Net Interest Margin FTE
- 3.4
- Net Interest Margin FTEYoy
- 12
- Tangible Book Value Per Share
- 32.51
- Tangible Book Value Per Share Yoy
- 12.5
Price after filing
Close on the filing date to close N calendar days later (from $42.73). Historical, not a forecast.
AI analysis
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