National Bankshares, Inc. (NKSH) Stock Price & Analysis
National Bankshares, Inc. (NKSH) closed at USD 40.48 on Friday, October 23, 2026, down 11.03% on the day. The US market is currently closed (after-hours); this is not a live price.
The prior close was USD 45.5; the Oct 23, 2026 session ranged USD 40.04–45.99 on volume of 38,325 shares. Market capitalization is $257.88M, with a 52-week range of USD 27–45.99 (NCM). Source: Nexqual, retrieved October 23, 2026 at 22:55 UTC.
Also available as compact Markdown for AI agents: nexqual.com/NKSH.md
Key facts (NKSH)
- Last four reported quarters (through Jun 30, 2026): revenue $60.5M, net income $20.3M (33.6% margin) (SEC filings).
- Valuation: P/E 12.7x (avg 16.3x at the last 3 fiscal year-ends).
- Analysts: Buy (mean 2.00 on a 1–5 scale) (1 analysts), mean target USD 46.75 (range 46.75–46.75).
- Total return with dividends: 1Y +45.6% vs S&P 500 +13.4%; 5Y +41.6% vs S&P 500 +76.9%.
- Next earnings: 2027-01-21, EPS estimate USD 0.98, revenue estimate $0K.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (NKSH)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $50.3M | $59.4M | $46.6M | $45.4M | $55.6M | $60.5M |
| Net income | $20.4M | $25.9M | $15.7M | $7.6M | $15.8M | $20.3M |
| EPS (diluted) | $3.28 | $4.33 | $2.66 | $1.24 | $2.49 | — |
| Free cash flow | $22.6M | $28.2M | $14.0M | $6.2M | $15.2M | $18.4M |
| Net margin | 40.5% | 43.6% | 33.6% | 16.8% | 28.5% | 33.6% |
| Revenue growth | +9.1% | +18.1% | -21.5% | -2.8% | +22.5% | — |
| Cash + short-term investments | — | — | $86.6M | $108M | $59.3M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (NKSH)
P/E 12.7x · P/S 4.3x · P/FCF 14.0x · P/B 1.3x · FCF yield 7.14% · Earnings yield 7.88%
P/E at fiscal year-ends: Dec 2025 13.5x, Dec 2024 23.2x, Dec 2023 12.1x.
Analysts (NKSH)
Consensus Buy (mean 2.00 on a 1–5 scale), 1 analysts; mean target USD 46.75 (low 46.75, high 46.75).
Total return (dividends reinvested) (NKSH)
| 1Y (from 2025-10-24) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +45.6% | +41.6% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +45.8% | +7.2% |
| Volatility (annualized) | 28.6% | 29.9% |
| Max drawdown | -11.6% (Feb 2026→May 2026) | -45.3% (Feb 2023→Oct 2023) |
NKSH company outlook (results filed Oct 22, 2026)
- “Higher yields on assets and reduced deposit costs have supported income growth throughout 2026, and we expect continued loan repricing to sustain the trend." Ms.”
- “The Company expects that incremental earnings improvement from the repositioning will recover the $6.55 million pre-tax loss on the sale over a period of 1.8 years from the date of the transaction, and provide earnings accretion after the recovery period.”
- “The Company does not undertake, and specifically disclaims any obligation, to publicly release the result of any revisions which may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. 4 National Bankshares, Inc.”
Quoted word-for-word from the SEC 8-K results press release.
NKSH analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Dec 2026) | $0.98 | $0.83 | +18.1% | $0 | 1 |
| Next quarter (ends Mar 2027) | $0.96 | $0.82 | +17.1% | $0 | 1 |
| Current fiscal year (ends Dec 2026) | $3.50 | $3.22 | +8.7% | $0 | 1 |
| Next fiscal year (ends Dec 2027) | $3.86 | $3.35 | +15.2% | $0 | 1 |
Key Statistics (as of October 23, 2026 at 22:55 UTC)
| Price | USD 40.48 |
|---|---|
| Change | ▼ 11.03% (down) |
| Previous Close | USD 45.5 |
| Open | USD 45.03 |
| Day Range | USD 40.04 – 45.99 |
| 52-Week Range | USD 27 – 45.99 |
| Volume | 38,325 shares |
| Market Cap | $257.88M |
| Exchange | NCM |
Technical Analysis (NKSH)
Nexqual's technical model rates NKSH "NEUTRAL" based on 3 bullish and 4 bearish signals across 127 daily candles, as of October 23, 2026 at 22:55 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 37.45 (neutral) |
| vs SMA50 | Below (USD 42.35) |
| MACD | 0.32 (positive) |
Analyst Ratings (NKSH)
Wall Street analysts rate NKSH "Buy" based on 1 analysts, with a mean price target of USD 46.75 (range USD 46.75–46.75), per Nexqual as of October 23, 2026 at 22:55 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 1 |
| Mean Target | USD 46.75 |
| High Target | USD 46.75 |
| Low Target | USD 46.75 |
| Buy / Hold / Sell | 1 / 0 / 0 |
Earnings (NKSH)
| Next Earnings Date | 2027-01-21 |
|---|---|
| EPS Estimate | USD 0.98 |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-09-30 | USD 0.86 vs est 0.98 ▼ miss |
| 2026-06-30 | USD 0.79 vs est 0.8 ▼ miss |
| 2025-12-31 | USD 0.84 vs est 0.68 ▲ beat |
Source: Nexqual, October 23, 2026 at 22:55 UTC.
Financials & Fundamentals (NKSH)
| Total Revenue | $60.56M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +16.20% |
| Gross Margin | +0.00% |
| Operating Margin | +41.41% |
| Profit Margin | +33.54% |
| ROE | +11.25% |
| Total Cash | $54.56M |
| Total Debt | $1.79M |
Source: Nexqual, October 23, 2026 at 22:55 UTC.
Financial Health Score (NKSH)
Nexqual rates National Bankshares, Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 22:55 UTC.
| Growth | Strong — Revenue +16% YoY (latest Q) |
|---|---|
| Profitability | Strong — Net margin 34% (last 12 months); banks have no gross margin |
| Balance Sheet | N/A — Not comparable for banks: deposits and customer funds sit on the balance sheet, so cash vs debt does not measure safety (SEC industry: National Commercial Banks) |
| Cash Flow | N/A — Not meaningful for banks and lenders: lending and trading move operating cash flow by billions each year (SEC industry: National Commercial Banks) |
| Efficiency | Mixed — ROE 11%, ROA 1.1% |
Ownership (NKSH)
| Insider Ownership | +3.34% |
|---|---|
| Institutional Ownership | +38.20% |
| Shares Outstanding | 6.37M |
| Float | 6.16M |
| Short % of Float | +1.76% |
Source: Nexqual, October 23, 2026 at 22:55 UTC.
Leadership (NKSH)
National Bankshares, Inc. is led by Lara E. Ramsey, CEO, President & Director, per Nexqual as of October 23, 2026 at 22:55 UTC.
| CEO, President & Director | Lara E. Ramsey |
|---|---|
| Executive VP, CFO & Treasurer | Lora M. Jones |
| Executive VP & COO | David K. Skeens |
| Vice President of Compliance | Shelby M. Evans |
| Senior Vice President of Credit Administration | Patrick Lamm |
Major Backers & Investors (NKSH)
Notable institutional backers of National Bankshares, Inc. include Acadian Asset Management. LLC, Fidelity, Arrowstreet Capital, Limited Partnership, according to Nexqual as of October 23, 2026 at 22:55 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Acadian Asset Management. LLC | 2.08% |
| Fidelity | 1.65% |
| Arrowstreet Capital, Limited Partnership | 1.4% |
| Renaissance Technologies | 0.98% |
| DFA INVESTMENT DIMENSIONS GROUP INC-U.S. Targeted Value Portfolio | 0.85% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 8.31% |
| Vanguard Group | 4.22% |
| Geode Capital | 2.59% |
| Dimensional Fund Advisors | 2.31% |
| State Street | 1.44% |
Source: Nexqual, October 23, 2026 at 22:55 UTC.
From National Bankshares, Inc.'s Latest SEC 10-K Filing (filed 2026-03-27)
Partnerships
- On June 1, 2024 (the "acquisition date"), the Company completed its acquisition of FCB, a Virginia chartered commercial bank, in accordance with the definitive merger agreement, dated January 23, 2024, by and among the Company, the Bank, and FCB.
Legal & Regulatory Risks (Item 1A, quoted)
- The Company operates in a highly regulated industry, and the laws and regulations that govern the Company's operations, including changes in them or the Company's failure to comply with them, and regulatory actions implementing such laws and regulations, may adversely affect the Company.
- Changes to laws, regulations, or regulatory policies, or supervisory guidance, including changes in interpretation or implementation of laws, regulations, policies, or supervisory guidance, could affect the Company in substantial and unpredictable ways.
- Regulatory capital standards may have an adverse effect on the Company's profitability, lending, and ability to pay dividends.
- Changes in accounting standards could impact reported earnings.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| BBD | Banco Bradesco Sa | USD 4.07 | ▲ 3.04% |
| FITB | Fifth Third Bancorp | USD 52.98 | ▼ 0.47% |
| DB | Deutsche Bank AG | USD 31.2 | ▼ 0.89% |
| TFC | Truist Financial Corporation | USD 48.44 | ▲ 0.04% |
| NWG | NatWest Group plc | USD 16.8 | ▼ 1.12% |
| NU | Nu Holdings Ltd. | USD 15.16 | ▲ 2.92% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 22:55 UTC. This page is informational and not investment advice.
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