NATIONAL BANKSHARES INC (NKSH) Form 10-Q — Aug 12, 2026
National Bankshares (NKSH) reported Q2 2026 net income of $5.03 million, or $0.79 diluted EPS, more than double the $2.29 million ($0.36) earned a year earlier, driven by net interest margin expansion to 3.00% from 2.56% and the absence of 2025 core-system conversion costs. First-half net income rose to $10.01 million ($1.57 per share) from $5.53 million ($0.87).
Key figures
- Eps
- 0.79
- Net Income
- 5029000
- Total Assets
- 1832700000
- Cash Position
- 54563000
- Shares Outstanding
- 6370620
- Acll
- $10,047 thousand, or 0.99% of loans
- Total Deposits
- $1,629,456 thousand
- Total Loans Net
- $1,004,607 thousand
- Nonaccrual Loans
- $335 thousand vs $188 thousand at December 31, 2025
- Efficiency Ratio Q2
- 58.40% vs 63.83%
- Six Month Net Income
- $10,010 thousand vs $5,525 thousand prior year
- Gain On Equity Sale Q2
- $6,566 thousand
- Loan To Deposit Ratio
- 62.27%
- Six Month Diluted EPS
- $1.57 vs $0.87
- Net Interest Income Q2
- $13,050 thousand vs $10,990 thousand
- Net Interest Margin Q2
- 3.00% vs 2.56% (Q2 2025); 2.99% YTD vs 2.48%
- Return On Avg Assets Q2
- 1.10% vs 0.51%
- Return On Avg Equity Q2
- 10.66% vs 5.50%
- Nbb Total Capital Ratio
- 17.38%
- Q2 Net Income Prior Year
- $2,289 thousand (Q2 2025)
- Repositioning Payback
- 1.8 years per management
- Loss On Securities Sale Q2
- $6,549 thousand
- Securities Repositioning
- Sold $131,866 thousand amortized cost at 1.80% yield; reinvested $127,327 thousand at 5.26% yield
- Provision For Credit Losses Q2
- $317 thousand vs $36 thousand prior year
- Dividends Declared Per Share Q2
- 0.75
Price after filing
1 day: +0.0%7 days: -3.4%30 days: +0.5%
Close on the filing date to close N calendar days later (from $42.61). Historical, not a forecast.
AI analysis
Red flags6 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.