American National Bankshares Inc.

NasdaqGS:AMNB Stock Report

Market Cap: US$507.6m

American National Bankshares Management

Management criteria checks 4/4

American National Bankshares' CEO is Jeff Haley, appointed in Jan 2012, has a tenure of 12.25 years. total yearly compensation is $1.08M, comprised of 53.1% salary and 46.9% bonuses, including company stock and options. directly owns 0.8% of the company’s shares, worth $4.07M. The average tenure of the management team and the board of directors is 4.7 years and 9.3 years respectively.

Key information

Jeff Haley

Chief executive officer

US$1.1m

Total compensation

CEO salary percentage53.1%
CEO tenure12.3yrs
CEO ownership0.8%
Management average tenure4.7yrs
Board average tenure9.3yrs

Recent management updates

Recent updates

American National Bankshares' (NASDAQ:AMNB) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 26
American National Bankshares' (NASDAQ:AMNB) Shareholders Will Receive A Bigger Dividend Than Last Year

American National Bankshares GAAP EPS of $0.87 beats by $0.05, revenue of $28.77M

Oct 20

American National Bankshares declares $0.28 dividend

Jul 20

American National Bankshares' (NASDAQ:AMNB) Dividend Will Be US$0.27

Jul 25
American National Bankshares' (NASDAQ:AMNB) Dividend Will Be US$0.27

Why We Think American National Bankshares Inc.'s (NASDAQ:AMNB) CEO Compensation Is Not Excessive At All

May 12
Why We Think American National Bankshares Inc.'s (NASDAQ:AMNB) CEO Compensation Is Not Excessive At All

Are You An Income Investor? Don't Miss Out On American National Bankshares Inc. (NASDAQ:AMNB)

Apr 28
Are You An Income Investor? Don't Miss Out On American National Bankshares Inc. (NASDAQ:AMNB)

Why You Might Be Interested In American National Bankshares Inc. (NASDAQ:AMNB) For Its Upcoming Dividend

Feb 27
Why You Might Be Interested In American National Bankshares Inc. (NASDAQ:AMNB) For Its Upcoming Dividend

You Have To Love American National Bankshares Inc.'s (NASDAQ:AMNB) Dividend

Jan 28
You Have To Love American National Bankshares Inc.'s (NASDAQ:AMNB) Dividend

American National Bankshares announces buyback program

Jan 11

How Does American National Bankshares' (NASDAQ:AMNB) CEO Pay Compare With Company Performance?

Dec 24
How Does American National Bankshares' (NASDAQ:AMNB) CEO Pay Compare With Company Performance?

Should You Buy American National Bankshares Inc. (NASDAQ:AMNB) For Its Upcoming Dividend?

Nov 28
Should You Buy American National Bankshares Inc. (NASDAQ:AMNB) For Its Upcoming Dividend?

American National Bankshares declares $0.27 dividend

Nov 17

CEO Compensation Analysis

How has Jeff Haley's remuneration changed compared to American National Bankshares's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

US$26m

Sep 30 2023n/an/a

US$30m

Jun 30 2023n/an/a

US$34m

Mar 31 2023n/an/a

US$35m

Dec 31 2022US$1mUS$575k

US$34m

Sep 30 2022n/an/a

US$38m

Jun 30 2022n/an/a

US$39m

Mar 31 2022n/an/a

US$41m

Dec 31 2021US$1mUS$571k

US$44m

Sep 30 2021n/an/a

US$41m

Jun 30 2021n/an/a

US$38m

Mar 31 2021n/an/a

US$33m

Dec 31 2020US$755kUS$549k

US$30m

Sep 30 2020n/an/a

US$29m

Jun 30 2020n/an/a

US$30m

Mar 31 2020n/an/a

US$23m

Dec 31 2019US$932kUS$534k

US$21m

Sep 30 2019n/an/a

US$18m

Jun 30 2019n/an/a

US$16m

Mar 31 2019n/an/a

US$23m

Dec 31 2018US$826kUS$514k

US$23m

Sep 30 2018n/an/a

US$20m

Jun 30 2018n/an/a

US$19m

Mar 31 2018n/an/a

US$17m

Dec 31 2017US$860kUS$488k

US$15m

Compensation vs Market: Jeff's total compensation ($USD1.08M) is below average for companies of similar size in the US market ($USD2.15M).

Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.


CEO

Jeff Haley (63 yo)

12.3yrs

Tenure

US$1,082,098

Compensation

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...


Leadership Team

NamePositionTenureCompensationOwnership
Jeffrey Haley
President12.3yrsUS$1.08m0.80%
$ 4.1m
Jeffrey Farrar
Senior Executive VP4.7yrsUS$597.19k0.093%
$ 472.2k
Edward Martin
Senior Executive VP & Chief Administrative Officer3.7yrsUS$525.74k0.11%
$ 552.6k
Rhonda Joyce
EVP & Co-Head of Banking - Commercial of American National Bank and Trust Companyno dataUS$517.40k0.16%
$ 820.5k
Alexander Jung
EVP and Co-Head of Banking Consumer & Financial Services of American National Bank and Trust Company2.4yrsUS$452.90k0.053%
$ 269.6k
Cathy Liles
Senior VP & Chief Accounting Officer8.3yrsno data0.039%
$ 199.8k
Lutheria Smith
Executive VP & Chief Human Resources Officer2.3yrsno datano data
Charles Canaday
Executive VP & Regional President of East Regionno datano datano data
Mark Smith
Executive VP & Chief Credit Officer3.7yrsno datano data
Mark Strosnider
Vice President of National Bank & Trust Company19yrsno datano data
M. Burris
SVP & Commercial Relationship Mngr - American National Bank & Trust Co7.3yrsno datano data

4.7yrs

Average Tenure

60yo

Average Age

Experienced Management: AMNB's management team is considered experienced (4.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeffrey Haley
President12.3yrsUS$1.08m0.80%
$ 4.1m
Michael Haley
Independent Lead Director22.3yrsUS$71.06k0.19%
$ 985.8k
John Love
Independent Director12.8yrsUS$60.07k0.32%
$ 1.6m
F. Hornaday
Independent Director12.8yrsUS$65.05k0.38%
$ 1.9m
James Copland
Member of Advisory Boardno datano datano data
Nancy Agee
Independent Director5yrsUS$59.05k0.22%
$ 1.1m
Joel Shepherd
Independent Director9.3yrsUS$66.07k0.72%
$ 3.7m
Tammy Finley
Independent Director6.6yrsUS$64.06k0.13%
$ 638.2k
Dan Pleasant
Independent Director13.3yrsUS$62.06k0.27%
$ 1.4m
Ronda Penn
Independent Director8.8yrsUS$65.07k0.15%
$ 775.0k
William Farrell
Independent Director1.5yrsUS$11.00kno data
J. Duggins
Independent Director1.5yrsUS$12.03k0.039%
$ 198.7k

9.3yrs

Average Tenure

63yo

Average Age

Experienced Board: AMNB's board of directors are considered experienced (9.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/04/01 16:42
End of Day Share Price 2024/04/01 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

American National Bankshares Inc. is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Blair BrantleyBB&T Capital Markets
Christopher McGrattyKeefe, Bruyette, & Woods
Daniel TamayoRaymond James & Associates