National Bank News and Announcements
Keep up with the latest National Bank news and announcements. Check back for the latest on News, Acquisitions, Quarterly Results, Dividend Announcements, Promotions, Hires, Security, and more.
Dividends
National Bankshares, Inc. Declares Semi-Annual Dividend
5/14/2025
The Board of Directors of National Bankshares, Inc. (NASDAQ Capital Market: NKSH) today approved payment on June 2, 2025 of a semi-annual dividend of $0.73 per share to all stockholders of record as of May 27, 2025.
Promotions
3/31/2025
National Bankshares, Inc. announced today that F. Brad Denardo, the Company’s Chief Executive Officer and Chairman, will retire from his position as Chief Executive Officer of the Company and its wholly owned banking subsidiary, The National Bank of Blacksburg , effective June 30, 2025.
Quarterly Results
National Bankshares, Inc. Reports Results for the Three Months Ended March 31, 2025
4/24/2025
National Bankshares, Inc. (“the Company”) (Nasdaq: NKSH), parent company of The National Bank of Blacksburg (“the Bank”) and National Bankshares Financial Services, Inc., today announced its results of operations for the first quarter of 2025. The Company reported net income of $3.24 million or $0.51 per diluted common share for the three months ended March 31, 2025.
Year-End
1/23/2025
National Bankshares, Inc. announced its results of operations for the year and quarter ended December 31, 2024. The Company reported net income of $7.62 million or $1.24 per basic and diluted common share for the twelve months ended December 31, 2024.
Dividends
National Bankshares, Inc. Declares Semi-Annual Dividend
11/13/2024
The Board of Directors of National Bankshares, Inc. (NASDAQ Capital Market: NKSH) today approved payment on December 2, 2024 of a semi-annual dividend of $0.78 per share to all stockholders of record as of November 25, 2024. The total annual dividend of $1.51 per share for 2024, is the same annual dividend paid in 2023.
Quarterly Results
10/24/2024
National Bankshares, Inc., parent company of The National Bank of Blacksburg and National Bankshares Financial Services, Inc., today announced its results of operations through the third quarter of 2024. The Company reported net income of $4.54 million or $0.75 per basic common share for the nine months ended September 30, 2024.
Promotions
Lara Ramsey Named President of National Bankshares, Inc. and The National Bank of Blacksburg
10/18/2024
National Bankshares, Inc. is pleased to announce the promotion of Lara E. Ramsey to President of the Company and its subsidiary bank, The National Bank of Blacksburg, effective January 1, 2025.
Quarterly Results
National Bankshares, Inc. Reports Results for the First Half of 2024
7/25/2024
National Bankshares, Inc., parent company of The National Bank of Blacksburg and National Bankshares Financial Services, Inc., today announced its results of operations for the first half of 2024. The Company reported net income of $1.87 million or $0.31 basic earnings per common share for the six months ended June 30, 2024.
Acquisitions
National Bankshares, Inc. Completes Acquisition of Frontier Community Bank
6/3/2024
National Bankshares, Inc., the holding company for The National Bank of Blacksburg, completed its acquisition of Frontier Community Bank effective June 1, 2024. Following the transaction, valued at approximately $16.07 million, National Bankshares now operates 27 full-service offices along with two loan production offices, and has approximately $1.8 billion in total assets.
Quarterly Results
National Bankshares, Inc. Reports Results for the First Quarter of 2024
4/25/2024
National Bankshares, Inc., parent company of The National Bank of Blacksburg and National Bankshares Financial Services, today announced its results of operations for the first quarter of 2024. The Company reported net income of $2.17 million, or basic and diluted earnings per common share of $0.37.
Year-End
National Bankshares, Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2023
1/25/2024
National Bankshares, Inc., parent company of The National Bank of Blacksburg and National Bankshares Financial Services, today announced its results of operations for the fourth quarter and year ended December 31, 2023. The Company reported net income of $4.19 million, or basic and diluted earnings per common share of $0.71, for the fourth quarter and $15.69 million, or basic and diluted earnings per common share of $2.66, for the year ended December 31, 2023.
Acquisitions
National Bankshares, Inc. Announces Agreement to Acquire Frontier Community Bank
January 24, 2024
National Bankshares, Inc., the parent company of The National Bank of Blacksburg, and Frontier Community Bank, headquartered in Waynesboro, Virginia, jointly announced today that they have entered into a definitive merger agreement for National Bankshares to acquire Frontier.