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Financials · NKSH

National Bankshares Inc. (NKSH) financials

For the twelve months ended Jun 30, 2026, National Bankshares Inc. reported $60.48M of revenue and $20.31M of net income.

Revenue, TTM
$60.48M
Revenue growth, YoY
+20.8%
Net income, TTM
$20.31M
Net income growth, YoY
+80.0%
Net margin
33.6%
Free cash flow, TTM
$18.42M
EPS, diluted, TTM
$3.19
EPS growth, YoY
+78.2%
Cash
$54.56M
P/E
12.45
P/S
4.18
Market cap
$252.8M
Annual revenue$55.56M
FY2016FY2025
Annual net income$15.83M
FY2016FY2025
Annual free cash flow$15.15M
FY2016FY2025

NKSH revenue and earnings growth

NKSH revenueQ2 2026$15.70M

Quarter YoY
+18.3%
QoQ
+2.6%
FY YoY
+22.5%
5Y CAGR
+3.8%
10Y CAGR
+1.4%

NKSH revenue was $15.70M in fiscal Q2 2026 (ended Jun 30, 2026), up 18.3% from a year earlier and up 2.6% from the prior quarter. For the full fiscal 2025 it was $55.56M, up 22.5% from fiscal 2024. Compound annual growth was +3.8% over 5 years and +1.4% over 10 years. It rose in 6 of the last 10 fiscal years.

NKSH net incomeQ2 2026$5.03M

Quarter YoY
+119.7%
QoQ
+1.0%
FY YoY
+107.6%
5Y CAGR
-0.3%
10Y CAGR
-0.0%

NKSH net income was $5.03M in fiscal Q2 2026 (ended Jun 30, 2026), up 119.7% from a year earlier and up 1.0% from the prior quarter. For the full fiscal 2025 it was $15.83M, up 107.6% from fiscal 2024. Compound annual growth was -0.3% over 5 years and -0.0% over 10 years. It rose in 5 of the last 10 fiscal years.

NKSH EPSQ2 2026$0.79

Quarter YoY
+119.4%
QoQ
+1.3%
FY YoY
+100.8%
5Y CAGR
+0.1%
10Y CAGR
+0.9%

NKSH diluted EPS was $0.79 in fiscal Q2 2026 (ended Jun 30, 2026), up 119.4% from a year earlier and up 1.3% from the prior quarter. For the full fiscal 2025 it was $2.49, up 100.8% from fiscal 2024. Compound annual growth was +0.1% over 5 years and +0.9% over 10 years.

NKSH free cash flowQ2 2026$3.32M

Quarter YoY
+118.0%
QoQ
+8.2%
FY YoY
+145.1%
5Y CAGR
+4.8%
10Y CAGR
-2.7%

NKSH free cash flow was $3.32M in fiscal Q2 2026 (ended Jun 30, 2026), up 118.0% from a year earlier and up 8.2% from the prior quarter. For the full fiscal 2025 it was $15.15M, up 145.1% from fiscal 2024. Compound annual growth was +4.8% over 5 years and -2.7% over 10 years. It rose in 4 of the last 10 fiscal years.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$55.56M$45.36M$46.64M$59.43M$50.31M$46.12M$46.56M$45.91M$44.77M$43.88M
Interest expense--$21.55M$3.08M-$5.84M$7.38M$5.05M$4.13M-
Pre-tax income$19.17M$9.12M$18.68M$31.76M$24.63M$19.15M$20.68M$18.71M$20.39M$18.89M
Income tax$3.34M$1.50M$2.98M$5.83M$4.25M$3.08M$3.21M$2.56M$6.29M$3.95M
Net income$15.83M$7.62M$15.69M$25.93M$20.38M$16.08M$17.47M$16.15M$14.09M$14.94M
EPS, basic$2.49$1.24$2.66$4.33$3.28$2.48$2.65$2.32$2.03$2.15
EPS, diluted$2.49$1.24$2.66$4.33$3.28$2.48$2.65$2.32$2.03$2.15
Diluted shares6.4M6.2M5.9M6.0M----7.0M7.0M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$59.25M$108.12M$86.60M-------
Goodwill$10.72M$10.72M$5.85M$5.85M$5.85M$5.85M$5.85M$5.85M$5.85M$5.85M
Total assets$1.82B$1.81B$1.66B$1.68B$1.70B$1.52B$1.32B$1.26B$1.26B$1.23B
Total liabilities$1.64B$1.66B$1.51B$1.55B$1.51B$1.32B$1.14B$1.07B$1.07B$1.06B
Shareholders' equity$184.91M$156.41M$140.52M$122.69M$191.75M$200.61M$183.73M$190.24M$184.90M$178.26M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow$17.89M$9.44M$15.52M$29.50M$22.88M$13.79M$18.83M$19.80M$10.99M$17.53M
Capital expenditures$2.74M$3.26M$1.49M$1.26M$323.0K$1.82M$1.03M$1.19M$261.0K$634.0K
Free cash flow$15.15M$6.18M$14.03M$28.24M$22.56M$11.97M$17.80M$18.61M$10.73M$16.90M
Investing cash flow-$39.18M$15.79M$53.19M-$129.71M-$193.25M-$177.60M-$61.68M-$3.63M-$20.19M-$32.22M
Financing cash flow-$27.58M-$3.71M-$53.54M$32.85M$175.28M$166.67M$40.25M-$16.21M$8.15M$16.51M
Dividends paid$9.61M$9.26M$14.78M$8.95M$8.81M$9.00M$9.03M$8.42M$8.14M$8.07M
Share repurchases--$0$6.34M$13.35M$1.72M$18.52M---
Stock-based compensation$193.0K$128.0K$42.0K$0------

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY22.5%-2.8%-21.5%18.1%9.1%-0.9%1.4%2.5%2.0%-9.0%
Net income growth, YoY107.6%-51.4%-39.5%27.2%26.8%-8.0%8.1%14.6%-5.7%-5.6%
EPS growth, YoY100.8%-53.4%-38.6%32.0%32.3%-6.4%14.2%14.3%-5.6%-5.7%
Net margin28.5%16.8%33.6%43.6%40.5%34.9%37.5%35.2%31.5%34.1%
Free cash flow margin27.3%13.6%30.1%47.5%44.8%26.0%38.2%40.5%24.0%38.5%
Return on equity8.6%4.9%11.2%21.1%10.6%8.0%9.5%8.5%7.6%8.4%
Return on assets0.9%0.4%0.9%1.5%1.2%1.1%1.3%1.3%1.1%1.2%

Source: XBRL data National Bankshares Inc. files with the SEC, latest filing dated Aug 12, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

NKSH peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
NKSH$60.48M+20.8%$20.31M33.6%$252.8M
JPM$203.15B+13.2%$65.98B32.5%$908.43B
BAC$120.16B+5.4%$32.24B26.8%$348.81B
WFC$87.23B+5.4%$22.97B26.3%$256.63B
C$85.22B+5.6%$14.31B16.8%$201.89B
UBS$49.57B+2.0%$7.80B15.7%$151.93B
MFG¥8.79T+7.6%¥1.16T13.2%$122.19B
COF$63.01B+31.2%$10.87B17.2%$119.45B
BNSC$37.74B+12.1%C$7.79B20.6%$114.51B

NKSH FAQ

8 questions
  • What is NKSH revenue?
    National Bankshares Inc. (NKSH) reported $60.48M of revenue for the twelve months ended Jun 30, 2026. That is up 20.8% from the year before. Revenue for fiscal 2025 was $55.56M.
  • Is NKSH profitable?
    Yes. National Bankshares Inc. earned $20.31M in net income for the twelve months ended Jun 30, 2026, a net margin of 33.6%.
  • How much cash and debt does NKSH have?
    National Bankshares Inc. reported $54.56M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is NKSH revenue growing?
    National Bankshares Inc.'s revenue changed +22.5% in fiscal 2025, to $55.56M. Its compound annual growth rate was +3.8% over 5 years and +1.4% over 10 years.
  • What is NKSH free cash flow?
    National Bankshares Inc. generated $18.42M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of $20.07M less capital expenditures.
  • What is NKSH earnings per share?
    Diluted earnings per share were $3.19 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did NKSH last report financial results?
    The latest statements here come from National Bankshares Inc.'s 10-Q filed on Aug 12, 2026, covering the period ended Jun 30, 2026.
  • Where does this NKSH financial data come from?
    Quantisnow builds these statements from the structured XBRL data National Bankshares Inc. files with the SEC. It is provided for information only and is not investment advice.