AMNB Stock Overview
American National Bankshares Inc. operates as the bank holding company for American National Bank and Trust Company that provides financial products and services in Virginia and North Carolina.
American National Bankshares Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$39.40|
|52 Week High||US$40.34|
|52 Week Low||US$27.56|
|1 Month Change||2.31%|
|3 Month Change||5.01%|
|1 Year Change||39.27%|
|3 Year Change||21.61%|
|5 Year Change||10.99%|
|Change since IPO||181.43%|
Recent News & Updates
|AMNB||US Banks||US Market|
Return vs Industry: AMNB exceeded the US Banks industry which returned 26.6% over the past year.
Return vs Market: AMNB exceeded the US Market which returned 4.2% over the past year.
|AMNB Average Weekly Movement||3.7%|
|Banks Industry Average Movement||3.9%|
|Market Average Movement||6.7%|
|10% most volatile stocks in US Market||15.4%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: AMNB is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: AMNB's weekly volatility (4%) has been stable over the past year.
About the Company
American National Bankshares Inc. operates as the bank holding company for American National Bank and Trust Company that provides financial products and services in Virginia and North Carolina. The company operates through two segments, Community Banking, and Trust and Investment Services. It accepts deposit products, including checking, money market, savings, and consumer and commercial time deposits, as well as certificates of deposit.
American National Bankshares Fundamentals Summary
|AMNB fundamental statistics|
Is AMNB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AMNB income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||4.04|
|Net Profit Margin||38.10%|
How did AMNB perform over the long term?See historical performance and comparison
2.8%Current Dividend Yield
Is American National Bankshares undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AMNB ($39.4) is trading below our estimate of fair value ($63.37)
Significantly Below Fair Value: AMNB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AMNB is good value based on its PE Ratio (9.8x) compared to the US Banks industry average (11x).
PE vs Market: AMNB is good value based on its PE Ratio (9.8x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: AMNB's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: AMNB's PB Ratio (1.2x) is in line with the US Banks industry average.
How is American National Bankshares forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AMNB's earnings are forecast to decline over the next 3 years (-13.1% per year).
Earnings vs Market: AMNB's earnings are forecast to decline over the next 3 years (-13.1% per year).
High Growth Earnings: AMNB's earnings are forecast to decline over the next 3 years.
Revenue vs Market: AMNB's revenue is expected to decline over the next 3 years (-1.9% per year).
High Growth Revenue: AMNB's revenue is forecast to decline over the next 3 years (-1.9% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AMNB's Return on Equity is forecast to be low in 3 years time (8.6%).
How has American National Bankshares performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AMNB has high quality earnings.
Growing Profit Margin: AMNB's current net profit margins (38.1%) are higher than last year (32.7%).
Past Earnings Growth Analysis
Earnings Trend: AMNB's earnings have grown significantly by 21% per year over the past 5 years.
Accelerating Growth: AMNB's earnings growth over the past year (44.9%) exceeds its 5-year average (21% per year).
Earnings vs Industry: AMNB earnings growth over the past year (44.9%) exceeded the Banks industry 43.4%.
Return on Equity
High ROE: AMNB's Return on Equity (12.3%) is considered low.
How is American National Bankshares's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: AMNB's Assets to Equity ratio (9.4x) is low.
Allowance for Bad Loans: AMNB has a sufficient allowance for bad loans (841%).
Low Risk Liabilities: 97% of AMNB's liabilities are made up of primarily low risk sources of funding.
Loan Level: AMNB has an appropriate level of Loans to Assets ratio (58%).
Low Risk Deposits: AMNB's Loans to Deposits ratio (67%) is appropriate.
Level of Bad Loans: AMNB has an appropriate level of bad loans (0.1%).
What is American National Bankshares's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AMNB's dividend (2.84%) is higher than the bottom 25% of dividend payers in the US market (1.36%).
High Dividend: AMNB's dividend (2.84%) is low compared to the top 25% of dividend payers in the US market (3.57%).
Stability and Growth of Payments
Stable Dividend: AMNB's dividends per share have been stable in the past 10 years.
Growing Dividend: AMNB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27.2%), AMNB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AMNB's dividends in 3 years are forecast to be well covered by earnings (36.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Haley (61 yo)
Mr. Jeffrey Vernon Haley, also known as Jeff, has been the President of American National Bankshares Inc., since January 1, 2012 and its Chief Executive Officer since January 1, 2013. Mr. Haley has been th...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD747.13K) is below average for companies of similar size in the US market ($USD1.70M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
Experienced Management: AMNB's management team is considered experienced (2.4 years average tenure).
Experienced Board: AMNB's board of directors are seasoned and experienced ( 10.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AMNB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
American National Bankshares Inc.'s employee growth, exchange listings and data sources
- Name: American National Bankshares Inc.
- Ticker: AMNB
- Exchange: NasdaqGS
- Founded: 1909
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: US$424.682m
- Shares outstanding: 10.78m
- Website: https://www.amnb.com
Number of Employees
- American National Bankshares Inc.
- 628 Main Street
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/26 00:56|
|End of Day Share Price||2022/01/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.