VABK dividend history
Virginia National Bankshares Corporation (VABK) dividend declarations and ex-dividend dates - real-time wire coverage of every payout disclosure.
Recent dividend items
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES 2026 FIRST QUARTER EARNINGS AND QUARTERLY DIVIDENDCHARLOTTESVILLE, Va., April 23, 2026 /PRNewswire/ -- Virginia National Bankshares Corporation (NASDAQ:VABK) (the "Company") today reported quarterly net income of $5.3 million, or $0.97 per diluted share, for the quarter ended March 31, 2026, compared to $4.5 million, or $0.83 per diluted share, recognized for the quarter ended March 31, 2025. The increase in 2026 year-to-date net income as compared to the prior year was primarily due to the cost of funds reduction of 19 basis points and reduced non-interest expense.Dividend DeclarationOn April 22, 2026, the Company's Board of
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES 2025 FULL YEAR RESULTS AND QUARTERLY DIVIDENDCHARLOTTESVILLE, Va., Jan. 29, 2026 /PRNewswire/ -- Virginia National Bankshares Corporation (NASDAQ:VABK) (the "Company") today reported quarterly net income of $6.0 million, or $1.10 per diluted share, for the quarter ended December 31, 2025, compared to the $4.6 million, or $0.85 per diluted share, recognized for the quarter ended December 31, 2024. For the twelve months ended December 31, 2025, the Company recognized net income of $19.3 million, or $3.55 per diluted share, compared to $17.0 million, or $3.15 per diluted share, for the twelve months ended December 31, 2024.
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES 2025 THIRD QUARTER EARNINGS AND QUARTERLY DIVIDENDCHARLOTTESVILLE, Va., Oct. 23, 2025 /PRNewswire/ -- Virginia National Bankshares Corporation (NASDAQ:VABK) (the "Company") today reported quarterly net income of $4.6 million, or $0.84 per diluted share, for the quarter ended September 30, 2025, compared to the $4.6 million, or $0.85 per diluted share, recognized for the quarter ended September 30, 2024. For the nine months ended September 30, 2025, the Company recognized net income of $13.3 million, or $2.45 per diluted share, compared to $12.4 million, or $2.30 per diluted share, for the nine months ended September 30, 2024.
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES 2025 SECOND QUARTER EARNINGS AND QUARTERLY DIVIDENDCHARLOTTESVILLE, Va., July 24, 2025 /PRNewswire/ -- Virginia National Bankshares Corporation (NASDAQ:VABK) (the "Company") today reported quarterly net income of $4.2 million, or $0.78 per diluted share, for the quarter ended June 30, 2025, compared to $4.2 million, or $0.77 per diluted share, recognized for the quarter ended June 30, 2024. For the six months ended June 30, 2025, the Company recognized net income of $8.7 million, or $1.61 per diluted share, compared to $7.8 million, or $1.45 per diluted share, for the six months ended June 30, 2024. The increase in second qua
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES 2025 FIRST QUARTER EARNINGS AND INCREASE IN QUARTERLY DIVIDENDCHARLOTTESVILLE, Va., April 24, 2025 /PRNewswire/ -- Virginia National Bankshares Corporation (NASDAQ:VABK) (the "Company") today reported quarterly net income of $4.5 million, or $0.83 per diluted share, for the quarter ended March 31, 2025, compared to $3.6 million, or $0.68 per diluted share, recognized for the quarter ended March 31, 2024. The increase in first quarter net income year-over-year was primarily the result of increased net interest income, resulting from increased interest income from higher average loan balances compared to the prior period, combined with de
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES QUARTERLY CASH DIVIDENDCHARLOTTESVILLE, Va., Feb. 27, 2025 /PRNewswire/ -- Virginia National Bankshares Corporation (the "Company") (NASDAQ:VABK) announced today that on February 26, 2025 its Board of Directors declared a quarterly cash dividend of $0.33 per share to be paid on March 28, 2025 to shareholders of record as of March 14, 2025. The quarterly cash dividend represents an annual yield to shareholders of approximately 3.66% based on the closing price of the Company's common stock on February 26, 2025. About Virginia National Bankshares Corporation Virginia National Bankshares Corporation, h
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES 2024 FOURTH QUARTER AND FULL YEAR EARNINGSCHARLOTTESVILLE, Va., Jan. 23, 2025 /PRNewswire/ -- Virginia National Bankshares Corporation (NASDAQ:VABK) (the "Company") today reported quarterly net income of $4.6 million, or $0.85 per diluted share, for the quarter ended December 31, 2024, compared to $3.2 million, or $0.59 per diluted share, recognized for the quarter ended December 31, 2023. For the twelve months ended December 31, 2024, the Company recognized net income of $17.0 million, or $3.15 per diluted share, compared to $19.3 million, or $3.58 per diluted share, for the twelve months ended December 31, 2023. T
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES QUARTERLY CASH DIVIDENDCHARLOTTESVILLE, Va., Oct. 25, 2024 /PRNewswire/ -- Virginia National Bankshares Corporation (the "Company") (NASDAQ:VABK) announced today that on October 23, 2024 its Board of Directors declared a quarterly cash dividend of $0.33 per share to be paid on December 20, 2024 to shareholders of record as of December 6, 2024. The quarterly cash dividend represents an annual yield to shareholders of approximately 3.25% based on the closing price of the Company's common stock on October 24, 2024. About Virginia National Bankshares Corporation Virginia National Bankshares Corporation,
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES 2024 THIRD QUARTER EARNINGSCHARLOTTESVILLE, Va., Oct. 17, 2024 /PRNewswire/ -- Virginia National Bankshares Corporation (NASDAQ:VABK) (the "Company") today reported quarterly net income of $4.6 million, or $0.85 per diluted share, for the quarter ended September 30, 2024, compared to $4.7 million, or $0.86 per diluted share, recognized for the quarter ended September 30, 2023. For the nine months ended September 30, 2024, the Company recognized net income of $12.4 million, or $2.30 per diluted share, compared to $16.1 million, or $2.99 per diluted share, for the nine months ended September 30, 2023. T
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES QUARTERLY CASH DIVIDENDCHARLOTTESVILLE, Va., July 25, 2024 /PRNewswire/ -- Virginia National Bankshares Corporation (the "Company") (NASDAQ:VABK) announced today that on July 24, 2024 its Board of Directors declared a quarterly cash dividend of $0.33 per share to be paid on September 20, 2024 to shareholders of record as of September 6, 2024. The quarterly cash dividend represents an annual yield to shareholders of approximately 3.45% based on the closing price of the Company's common stock on July 24, 2024. About Virginia National Bankshares Corporation Virginia National Bankshares Corporation, hea
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES 2024 SECOND QUARTER EARNINGSCHARLOTTESVILLE, Va., July 19, 2024 /PRNewswire/ -- Virginia National Bankshares Corporation (NASDAQ:VABK) (the "Company") today reported quarterly net income of $4.2 million, or $0.77 per diluted share, for the quarter ended June 30, 2024, compared to $5.7 million, or $1.05 per diluted share, recognized for the quarter ended June 30, 2023. For the six months ended June 30, 2024, the Company recognized net income of $7.8 million, or $1.45 per diluted share, compared to $11.4 million, or $2.13 per diluted share, for the six months ended June 30, 2023. The declines in 2024 net
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES QUARTERLY CASH DIVIDENDCHARLOTTESVILLE, Va., May 24, 2024 /PRNewswire/ -- Virginia National Bankshares Corporation (the "Company") (NASDAQ:VABK) announced today that on May 22, 2024 its Board of Directors declared a quarterly cash dividend of $0.33 per share to be paid on June 28, 2024 to shareholders of record as of June 14, 2024. The quarterly cash dividend represents an annual yield to shareholders of approximately 4.37% based on the closing price of the Company's common stock on May 23, 2024. About Virginia National Bankshares Corporation Virginia National Bankshares Corporation, headquartered
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES 2024 FIRST QUARTER EARNINGSCHARLOTTESVILLE, Va., April 23, 2024 /PRNewswire/ -- Virginia National Bankshares Corporation (NASDAQ:VABK) (the "Company") today reported quarterly net income of $3.6 million, or $0.68 per diluted share, for the quarter ended March 31, 2024, compared to $3.2 million, or $0.59 per diluted share, recognized for the quarter ended December 31, 2023 and $5.8 million, or $1.08 per diluted share, recognized for the quarter ended March 31, 2023. "The Company achieved solid first quarter results," stated Glenn W. Rust, President and Chief Executive Officer. "We increased our loan ba
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES QUARTERLY CASH DIVIDENDCHARLOTTESVILLE, Va., Feb. 29, 2024 /PRNewswire/ -- Virginia National Bankshares Corporation (the "Company") (NASDAQ:VABK) announced today that on February 28, 2024 its Board of Directors declared a quarterly cash dividend of $0.33 per share to be paid on March 28, 2024 to shareholders of record as of March 14, 2024. The quarterly cash dividend represents an annual yield to shareholders of approximately 4.42% based on the closing price of the Company's common stock on February 28, 2024. About Virginia National Bankshares Corporation Virginia National Bankshares Corporation, he
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES 2023 FOURTH QUARTER AND FULL YEAR EARNINGSCHARLOTTESVILLE, Va., Jan. 26, 2024 /PRNewswire/ -- Virginia National Bankshares Corporation (NASDAQ:VABK) (the "Company") today reported quarterly net income of $3.2 million, or $0.59 per diluted share, for the quarter ended December 31, 2023, compared to $7.1 million, or $1.32 per diluted share, recognized for the quarter ended December 31, 2022. For the twelve months ended December 31, 2023, the Company recognized net income of $19.3 million, or $3.58 per diluted share, compared to $23.4 million, or $4.38 per diluted share, for the twelve months ended December 31, 2022. Gross loans outstanding as of December 31, 2023 totaled $1.1 billion, an increase of $156.3 million, or 16.7%, compare
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES QUARTERLY CASH DIVIDENDCHARLOTTESVILLE, Va., Nov. 20, 2023 /PRNewswire/ -- Virginia National Bankshares Corporation (the "Company") (NASDAQ:VABK) announced today that on November 17, 2023 its Board of Directors declared a quarterly cash dividend of $0.33 per share to be paid on December 22, 2023 to shareholders of record as of December 8, 2023. The quarterly cash dividend represents an annual yield to shareholders of approximately 3.69% based on the closing price of the Company's common stock on November 17, 2023. About Virginia National Bankshares Corporation Virginia National Bankshares Corporation, headquartered in Charlottesville, Virginia, is the bank holding company for Virginia National Bank. The Bank has
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES QUARTERLY CASH DIVIDENDCHARLOTTESVILLE, Va., July 27, 2023 /PRNewswire/ -- Virginia National Bankshares Corporation (the "Company") (NASDAQ:VABK) announced today that on July 26, 2023 its Board of Directors declared a quarterly cash dividend of $0.33 per share to be paid on September 22, 2023 to shareholders of record as of September 8, 2023. The quarterly cash dividend represents an annual yield to shareholders of approximately 3.72% based on the closing price of the Company's common stock on July 26, 2023. VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES QUARTERLY CASH DIVIDENDAbout Virginia National Bankshares Corporation Virginia National Bankshares Corporation, headquartered in Charlottesville, Virginia, is
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES SECOND QUARTER 2023 EARNINGSCHARLOTTESVILLE, Va., July 17, 2023 /PRNewswire/ -- Virginia National Bankshares Corporation (NASDAQ:VABK) (the "Company") today reported quarterly net income of $5.7 million, or $1.05 per diluted share, for the quarter ended June 30, 2023, evenly balanced with net income of $5.7 million, or $1.06 per diluted share, recognized for the quarter ended June 30, 2022. For the six months ended June 30, 2023, the Company recognized net income of $11.4 million, or $2.13 per diluted share, compared to $10.6 million, or $1.98 per diluted share, for the six months ended June 30, 2022. Our return on average assets set a record for the Company in the first half of 2023, as we achieved 1.47% year-to-dat
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES QUARTERLY CASH DIVIDENDCHARLOTTESVILLE, Va., May 25, 2023 /PRNewswire/ -- Virginia National Bankshares Corporation (the "Company") (NASDAQ:VABK) announced today that on May 24, 2023 its Board of Directors declared a quarterly cash dividend of $0.33 per share to be paid on June 23, 2023 to shareholders of record as of June 9, 2023. The quarterly cash dividend represents an annual yield to shareholders of approximately 4.63% based on the closing price of the Company's common stock on May 24, 2023. About Virginia National Bankshares Corporation Virginia National Bankshares Corporation, headquartered in
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES FIRST QUARTER 2023 EARNINGSCHARLOTTESVILLE, Va., April 18, 2023 /PRNewswire/ -- Virginia National Bankshares Corporation (NASDAQ:VABK) (the "Company") today reported quarterly net income of $5.8 million, or $1.08 per diluted share, for the quarter ended March 31, 2023, which represents an 18% increase over net income of $4.9 million, or $0.92 per diluted share, recognized for the quarter ended March 31, 2022. "We are proud to post a significant increase in net income and return on assets when compared to last year's first quarter," commented President and Chief Executive Officer, Glenn W. Rust. "Our ste
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES INCREASE IN QUARTERLY CASH DIVIDENDCHARLOTTESVILLE, Va., Feb. 24, 2023 /PRNewswire/ -- Virginia National Bankshares Corporation (the "Company") (NASDAQ:VABK) announced today that on February 22, 2023 its Board of Directors declared a quarterly cash dividend of $0.33 per share to be paid on March 24, 2023 to shareholders of record as of March 10, 2023. The quarterly cash dividend represents a 10% increase in the quarterly dividend and an annual yield to shareholders of approximately 3.33% based on the closing price of the Company's common stock on February 23, 2023. VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES INCREASE IN QUARTERLY CASH DIVIDEND"After delivering record results in 2022, we are pleased to return a larger
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES RECORD 2022 FOURTH QUARTER AND RECORD FULL YEAR EARNINGSCHARLOTTESVILLE, Va., Jan. 31, 2023 /PRNewswire/ -- Virginia National Bankshares Corporation (NASDAQ:VABK) (the "Company") today reported record quarterly net income of $7.1 million, or $1.32 per diluted share, for the quarter ended December 31, 2022, which represents a 35% increase over net income of $5.2 million, or $0.98 per diluted share, recognized for the quarter ended December 31, 2021. For the twelve months ended December 31, 2022, record net income of $23.4 million, or $4.38 per diluted share, was recognized, compared to $10.1 million, or $2.14 per diluted share, for the twelve months ended December 31, 2021. Note that pre-tax merger and merger-related expenses of $7.4 million wer
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES CASH DIVIDENDCHARLOTTESVILLE, Va., Dec. 8, 2022 /PRNewswire/ -- Virginia National Bankshares Corporation (the "Company") (NASDAQ:VABK) announced today that on December 7, 2022 its Board of Directors declared a quarterly cash dividend of $0.30 per share to be paid on December 30, 2022 to shareholders of record as of December 20, 2022. The quarterly cash dividend represents an annual yield to shareholders of approximately 3.42% based on the closing price of the Company's common stock on December 7, 2022. VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES CASH DIVIDENDAbout Virginia National Bankshares CorporationVirginia National Bankshares Corporation, headquartered in Charlottesville, Virginia, is the b
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES THIRD QUARTER 2022 EARNINGSCHARLOTTESVILLE, Va., Oct. 27, 2022 /PRNewswire/ -- Virginia National Bankshares Corporation (NASDAQ:VABK) (the "Company") today reported net income of $5.8 million, or $1.08 per diluted share, for the quarter ended September 30, 2022, which represents an 84% increase over net income of $3.1 million, or $0.59 per diluted share, recognized for the quarter ended September 30, 2021. For the nine months ended September 30, 2022, net income of $16.4 million, or $3.06 per diluted share, was recognized, compared to $4.8 million, or $1.07 per diluted share, for the nine months ended September 30, 2021. Note that merger and merger-related expenses of $1.9 million and $8.1 million were incurred in t
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES SECOND QUARTER 2022 EARNINGSCHARLOTTESVILLE, Va., July 29, 2022 /PRNewswire/ -- Virginia National Bankshares Corporation (NASDAQ:VABK) (the "Company") today reported net income of $5.7 million, or $1.06 per diluted share, for the quarter ended June 30, 2022, which represents a $5.5 million increase over net income of $147 thousand, or $0.03 per diluted share, recognized for the quarter ended June 30, 2021. For the six months ended June 30, 2022, net income of $10.6 million, or $1.98 per diluted share, was recognized, compared to $1.6 million, or $0.41 per diluted share, for the six months ended June 30, 2021. Note that merger and merger-related expenses of $5.9 million and $6.2 million were incurred in the quarterly
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES CASH DIVIDENDCHARLOTTESVILLE, Va., July 29, 2022 /PRNewswire/ -- Virginia National Bankshares Corporation (the "Company") (NASDAQ:VABK) announced today that on July 27, 2022, its Board of Directors declared a quarterly cash dividend of $0.30 per share to be paid on September 23, 2022 to shareholders of record as of September 9, 2022. The quarterly cash dividend represents an annual yield to shareholders of approximately 3.75% based on the closing price of the Company's common stock on July 28, 2022. About Virginia National Bankshares Corporation Virginia National Bankshares Corporation, headquartered in Charlottesville, Virginia, is the bank holding company for Virginia National Bank. The Bank has ten b
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES CASH DIVIDENDCHARLOTTESVILLE, Va., May 26, 2022 /PRNewswire/ -- Virginia National Bankshares Corporation (the "Company") (NASDAQ:VABK) announced today that on May 25, 2022, its Board of Directors declared a quarterly cash dividend of $0.30 per share to be paid on June 24, 2022 to shareholders of record as of June 10, 2022. The quarterly cash dividend represents an annual yield to shareholders of approximately 3.68% based on the closing price of the Company's common stock on May 25, 2022. About Virginia National Bankshares Corporation Virginia National Bankshares Corporation, headquartered in Charlottesville, Virginia, is the bank holding company for Virginia National Bank. The Bank has ten banking offic
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES FIRST QUARTER 2022 EARNINGSCHARLOTTESVILLE, Va., April 28, 2022 /PRNewswire/ -- Virginia National Bankshares Corporation (NASDAQ:VABK) (the "Company") today reported net income of $4.9 million for the quarter ended March 31, 2022, which represents a 227% increase over net income of $1.5 million recognized for the quarter ended March 31, 2021. Net income per diluted share of $0.92 for the quarter ended March 31, 2022 improved from $0.55 for the same quarter in the prior year. Note that the diluted weighted average common shares outstanding increased from 2,727,448 to 5,343,564 period over period as a result of the April 1, 2021 mergers of Fauquier Bankshares, Inc. and The Fauquier Bank ("Fauquier") with and into the
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES CASH DIVIDENDCHARLOTTESVILLE, Va., March 3, 2022 /PRNewswire/ -- Virginia National Bankshares Corporation (the "Company") (NASDAQ:VABK) announced today that its Board of Directors has declared a quarterly cash dividend of $0.30 per share to be paid on March 25, 2022 to shareholders of record as of March 11, 2022. The quarterly cash dividend represents an annual yield to shareholders of approximately 3.43% based on the closing price of the Company's common stock on March 2, 2022. About Virginia National Bankshares Corporation Virginia National Bankshares Corporation, headquartered in Charl
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES RECORD NET INCOME FOR 2021CHARLOTTESVILLE, Va., Feb. 18, 2022 /PRNewswire/ -- Virginia National Bankshares Corporation (NASDAQ:VABK) (the "Company") today reported net income of $10.0 million for the year ended December 31, 2021, attaining the highest consolidated net income for any year in the Company's history, even after realizing $7.4 million of pre-tax ($5.6 million after-tax) merger and merger-related expenses. The record net income of $10.0 million is a 25% increase compared to net income of $8.0 million recognized for the year ended December 31, 2020. Net income of $5.2 million for the quarter ended December 31, 2021, represents a 100% increase over net income of $2.6 million recognized for the quarter
- VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES Q4 CASH DIVIDENDCHARLOTTESVILLE, Va., Dec. 14, 2021 /PRNewswire/ -- Virginia National Bankshares Corporation (the "Company") (NASDAQ:VABK) announced today that on December 9, 2021, its Board of Directors declared a quarterly cash dividend of $0.30 per share to be paid on December 31, 2021 to shareholders of record as of December 20, 2021. The quarterly cash dividend represents an annual yield to shareholders of approximately 3.44% based on the closing price of the Company's common stock on December 13, 2021. About Virginia National Bankshares Corporation Virginia National Bankshares Corporat
- Virginia National Bankshares Corporation Announces Third Quarter Financial Results And Availability Of Dividend Reinvestment PlanCHARLOTTESVILLE, Va., Oct. 29, 2021 /PRNewswire/ -- Virginia National Bankshares Corporation (NASDAQ:VABK) (the "Company") today reported net income of $3.1 million, or $0.59 per diluted share, for the quarter ended September 30, 2021, which is a 68% increase compared to net income of $1.9 million, or $0.69 per diluted share, recognized for the quarter ended September 30, 2020. Note that the decline in net income per diluted share for the periods noted was driven by the increase in number of shares outstanding as result of the merger with Fauquier Bankshares, Inc. ("Fauquier"). Excluding merger costs, the Company would have posted net income of $4.6 million, or $0.86 per diluted share, (a
- Virginia National Bankshares Corporation Announces Cash DividendCHARLOTTESVILLE, Va., Aug. 31, 2021 /PRNewswire/ -- Virginia National Bankshares Corporation (the "Company") (NASDAQ:VABK) announced today that its Board of Directors declared a quarterly cash dividend of $0.30 per share to be paid on September 24, 2021 to shareholders of record as of September 10, 2021. The quarterly cash dividend represents an annual yield to shareholders of approximately 3.23% based on the closing price of the Company's common stock on August 30, 2021. About Virginia National Bankshares Corporation Virginia National Bankshares Corporation, headquartered in Charlottesville, Virginia, is the bank holding company for Virginia National Bank. The Bank has eleven banking office
- Virginia National Bankshares Corporation Announces Second Quarter Financial Results And Availability Of Dividend Reinvestment PlanCHARLOTTESVILLE, Va., Aug. 5, 2021 /PRNewswire/ -- Virginia National Bankshares Corporation (NASDAQ:VABK) (the "Company") today reported net income of $147 thousand, or $0.03 per diluted share, for the quarter ended June 30, 2021, which is a 93% decrease compared to net income of $2.1 million, or $0.77 per diluted share, recognized for the quarter ended June 30, 2020. The entirety of the decrease is attributable to $5.9 million in merger expenses incurred in the second quarter of 2021. Excluding merger costs, the Company would have posted net income of $0.89 per diluted share (a non-GAAP financial measure). 1 Return on average assets ("ROAA") of 0.03% for the second quarter of 2021 would
- Virginia National Bankshares Corporation Announces Cash DividendCHARLOTTESVILLE, Va., May 28, 2021 /PRNewswire/ -- Virginia National Bankshares Corporation (the "Company") (NASDAQ:VABK) announced today that on May 26 2021, its Board of Directors declared a quarterly cash dividend of $0.30 per share to be paid on June 25, 2021 to shareholders of record as of June 11, 2021. The quarterly cash dividend represents an annual yield to shareholders of approximately 3.68% based on the closing price of the Company's common stock on May 27, 2021. About Virginia National Bankshares Corporation Virginia National Bankshares Corporation, headquartered in Charlottesville, Virginia, is the bank holding company for Virginia National Bank (the "Bank"). The Bank has four