NKSH
National Bankshares Inc
NASDAQ: NKSH · FINANCIAL SERVICES · BANKS - REGIONAL
$35.80
+0.13% today
Updated 2026-04-30
Market cap
$226.40M
P/E ratio
12.88
P/S ratio
3.88x
EPS (TTM)
$2.76
Dividend yield
4.24%
52W range
$24 – $40
Volume
0.0M
National Bankshares Inc (NKSH) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $56.70M | $59.53M | $59.20M | $59.29M | $55.19M | $55.95M | $55.05M | $52.35M | $50.47M | $49.71M | $48.05M | $48.90M | $50.95M | $53.94M | $51.95M | $53.41M | $62.51M | $68.19M | $79.08M | $85.31M |
| Revenue growth (YoY) | — | +5.0% | -0.6% | +0.2% | -6.9% | +1.4% | -1.6% | -4.9% | -3.6% | -1.5% | -3.3% | +1.8% | +4.2% | +5.9% | -3.7% | +2.8% | +17.0% | +9.1% | +16.0% | +7.9% |
| Cost of revenue | $18.61M | $22.17M | $19.94M | $17.46M | $14.57M | $12.13M | $11.02M | $7.49M | $6.54M | $6.19M | $5.82M | $4.28M | $4.97M | $7.51M | $7.83M | $2.70M | $3.79M | $20.29M | $34.95M | $29.74M |
| Gross profit | $38.14M | $37.36M | $39.26M | $41.83M | $40.62M | $43.82M | $43.98M | $44.86M | $43.93M | $43.52M | $42.23M | $44.61M | $45.99M | $46.43M | $44.12M | $50.71M | $58.72M | $47.90M | $44.13M | $55.58M |
| Gross margin | 67.3% | 62.8% | 66.3% | 70.6% | 73.6% | 78.3% | 79.9% | 85.7% | 87.0% | 87.5% | 87.9% | 91.2% | 90.3% | 86.1% | 84.9% | 94.9% | 93.9% | 70.2% | 55.8% | 65.1% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $11.47M | $10.77M | $14.65M | $19.69M | $12.04M | $12.03M | $12.48M | $12.53M | $12.22M | $13.07M | $13.27M | $14.11M | $14.87M | $15.09M | $14.79M | $16.17M | $17.00M | $18.07M | $20.03M | $23.93M |
| Operating income | $16.42M | $16.41M | $17.24M | $17.98M | $19.79M | $22.89M | $22.99M | $23.11M | $22.09M | $20.57M | $18.89M | $20.39M | $18.71M | $20.68M | $19.15M | $24.63M | $31.76M | $18.68M | $9.12M | $19.17M |
| Operating margin | 29.0% | 27.6% | 29.1% | 30.3% | 35.9% | 40.9% | 41.8% | 44.1% | 43.8% | 41.4% | 39.3% | 41.7% | 36.7% | 38.3% | 36.9% | 46.1% | 50.8% | 27.4% | 11.5% | 22.5% |
| EBITDA | $18.80M | $18.79M | $19.32M | $19.98M | $21.76M | $24.77M | $24.84M | $24.91M | $23.90M | $22.32M | $19.95M | $21.26M | $19.53M | $21.42M | $19.86M | $25.27M | $32.37M | $19.43M | $10.26M | $19.17M |
| EBITDA margin | 33.2% | 31.6% | 32.6% | 33.7% | 39.4% | 44.3% | 45.1% | 47.6% | 47.4% | 44.9% | 41.5% | 43.5% | 38.3% | 39.7% | 38.2% | 47.3% | 51.8% | 28.5% | 13.0% | 22.5% |
| EBIT | $16.42M | $16.41M | $17.24M | $17.98M | $19.79M | $22.89M | $22.99M | $23.11M | $22.09M | $20.57M | $18.89M | $20.39M | $18.71M | $20.68M | $19.15M | $24.63M | $31.76M | $18.68M | $9.12M | — |
| Interest expense | $18.56M | $21.75M | $18.82M | $15.82M | $11.16M | $9.18M | $7.89M | $5.96M | $4.90M | $4.18M | $4.17M | $4.13M | $5.05M | $7.38M | $5.84M | $3.10M | $3.08M | $21.55M | $33.73M | $29.75M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $12.63M | $12.68M | $13.59M | $14.32M | $15.57M | $17.64M | $17.75M | $17.79M | $16.91M | $15.83M | $14.94M | $14.09M | $16.15M | $17.47M | $16.08M | $20.38M | $25.93M | $15.69M | $7.62M | $15.83M |
| Net income growth (YoY) | — | +0.3% | +7.2% | +5.3% | +8.7% | +13.3% | +0.6% | +0.2% | -4.9% | -6.4% | -5.6% | -5.7% | +14.6% | +8.1% | -8.0% | +26.8% | +27.2% | -39.5% | -51.4% | +107.6% |
| Profit margin | 22.3% | 21.3% | 23.0% | 24.2% | 28.2% | 31.5% | 32.2% | 34.0% | 33.5% | 31.9% | 31.1% | 28.8% | 31.7% | 32.4% | 30.9% | 38.2% | 41.5% | 23.0% | 9.6% | 18.6% |