National Bankshares (NKSH) AI Stock Analysis

• Market Cap: $231.68M
• Dividend Yield: 4.47%
• Average Volume (3M): 10.28K
• Price to Earnings (P/E): 13.5
• Beta (1Y): 0.71
• Revenue Growth: 9.69%
• EPS Growth: 41.26%
• Country: US
• Employees: 245
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.92
• Shares Outstanding: 6,368,410
• 10 Day Avg. Volume: 13,549
• 30 Day Avg. Volume: 10,278
• PEG Ratio: 0.13
• Price to Book (P/B): 1.15
• Price to Sales (P/S): 2.50
• P/FCF Ratio: 14.07
• Enterprise Value/Market Cap: 0.98
• Enterprise Value/Revenue: 2.66
• Enterprise Value/Gross Profit: 4.08
• Enterprise Value/Ebitda: 11.41
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 2.82
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: $40.00 ▲(21.18% Upside)
• Action: Reiterated Date: 03/28/26
• Date: Action: Reiterated 03/28/26

The score is primarily driven by solid financial quality (notably a conservative balance sheet and improved 2025 earnings/cash flow) and supportive valuation (moderate P/E and strong dividend yield). These strengths are tempered by weaker near-term technical signals and modest uncertainty from the chief lending officer transition.

Positive Factors

Conservative balance sheet

Zero reported debt and a sizable equity base (~$184.9M on ~$1.82B assets in 2025) provide durable capital flexibility. This conservative funding profile lowers default and liquidity risk, supports lending capacity through economic cycles, and underpins regulatory and dividend resilience over months.

Negative Factors

Profitability volatility

Wide swings in return on equity and margins reflect earnings sensitivity to interest rates, credit cycles, and operational factors. Persistent volatility complicates capital planning and long-term return expectations, making it harder to reliably forecast shareholder returns and reinvestment capacity.

National Bankshares Business Overview & Revenue Model

Company Description

National Bankshares, Inc. operates as the bank holding company for the National Bank of Blacksburg that provides retail and commercial banking products and services to individuals, businesses, non-profits, and local governments. The company accept...

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National Bankshares, Inc. operates as the bank holding company for the National Bank of Blacksburg that provides retail and commercial banking products and services to individuals, businesses, non-profits, and local governments. The company accept...

How the Company Makes Money

National Bankshares primarily makes money through its bank subsidiary by (1) earning net interest income and (2) generating noninterest income, while incurring operating expenses and provision costs that affect net earnings. 1) Net interest incom...

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National Bankshares primarily makes money through its bank subsidiary by (1) earning net interest income and (2) generating noninterest income, while incurring operating expenses and provision costs that affect net earnings. 1) Net interest incom...

National Bankshares Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	85.31M	79.08M	68.19M	62.51M	53.41M
Gross Profit	55.58M	44.13M	47.90M	58.72M	50.71M
EBITDA	19.17M	10.26M	19.43M	32.37M	25.27M
Net Income	15.83M	7.62M	15.69M	25.93M	20.38M
Balance Sheet
Total Assets	1.82B	1.81B	1.66B	1.68B	1.70B
Cash, Cash Equivalents and Short-Term Investments	662.80M	141.50M	705.20M	728.28M	824.87M
Total Debt	2.04M	0.00	0.00	0.00	0.00
Total Liabilities	1.64B	1.66B	1.51B	1.55B	1.51B
Stockholders Equity	184.91M	156.41M	140.52M	122.69M	191.75M
Cash Flow
Free Cash Flow	15.15M	6.18M	14.03M	28.24M	22.56M
Operating Cash Flow	17.89M	9.44M	15.52M	29.50M	22.88M
Investing Cash Flow	-39.18M	15.79M	53.19M	-129.71M	-193.25M
Financing Cash Flow	-27.58M	-3.71M	-53.54M	32.85M	175.28M

National Bankshares Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 33.01
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NKSH, the sentiment is Positive. The current price of 33.01 is below the 20-day moving average (MA) of 36.66, below the 50-day MA of 37.21, and above the 200-day MA of 31.42, indicating a neutral trend. The MACD of -0.27 indicates Positive momentum. The RSI at 46.72 is Neutral, neither overbought nor oversold. The STOCH value of 52.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NKSH.

National Bankshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FRAF	73 Outperform	$231.63M	10.64	9.91%	2.51%	12.06%	10.38%
NKSH	72 Outperform	$231.68M	13.47	9.04%	4.47%	9.69%	41.26%
ATLO	71 Outperform	$251.19M	7.86	9.70%	3.49%	5.89%	82.82%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
EFSI	58 Neutral	$193.60M	26.01	6.63%	3.11%	-1.45%	-31.32%
BLFY	51 Neutral	$253.31M	-24.36	-3.14%	―	9.02%	17.85%
INBK	48 Neutral	$179.30M	-5.18	-9.44%	1.07%	2.49%	-248.43%

National Bankshares Corporate Events