American National Bankshares Inc. operates as the bank holding company for American National Bank and Trust Company that provides financial products and services.
Flawless balance sheet, good value and pays a dividend.
Share Price & News
How has American National Bankshares's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AMNB's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: AMNB underperformed the US Banks industry which returned -28.7% over the past year.
Return vs Market: AMNB underperformed the US Market which returned 3.7% over the past year.
Price Volatility Vs. Market
How volatile is American National Bankshares's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StHow Much Of American National Bankshares Inc. (NASDAQ:AMNB) Do Institutions Own?
4 weeks ago | Simply Wall StHow Much Are American National Bankshares Inc. (NASDAQ:AMNB) Insiders Spending On Buying Shares?
1 month ago | Simply Wall StShould You Investigate American National Bankshares Inc. (NASDAQ:AMNB) At US$22.36?
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 ($23.62) is trading below our estimate of fair value ($40.76)
Significantly Below Fair Value: AMNB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AMNB is poor value based on its PE Ratio (11.2x) compared to the Banks industry average (9.3x).
PE vs Market: AMNB is good value based on its PE Ratio (11.2x) compared to the US market (15.1x).
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 is good value based on its PB Ratio (0.8x) compared to the US Banks industry average (0.8x).
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 (-12.7% per year).
Earnings vs Market: AMNB's earnings are forecast to decline over the next 3 years (-12.7% 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 (-4.1% per year).
High Growth Revenue: AMNB's revenue is forecast to decline over the next 3 years (-4.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if AMNB's Return on Equity is forecast to be high in 3 years time
How has American National Bankshares performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AMNB has a large one-off loss of $11.3M impacting its March 31 2020 financial results.
Growing Profit Margin: AMNB's current net profit margins (24.2%) are lower than last year (31%).
Past Earnings Growth Analysis
Earnings Trend: AMNB's earnings have grown by 9.5% per year over the past 5 years.
Accelerating Growth: AMNB's earnings growth over the past year (3.3%) is below its 5-year average (9.5% per year).
Earnings vs Industry: AMNB earnings growth over the past year (3.3%) exceeded the Banks industry 2.9%.
Return on Equity
High ROE: AMNB's Return on Equity (7.3%) 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 (7.7x) is low.
Allowance for Bad Loans: AMNB has a sufficient allowance for bad loans (463%).
Low Risk Liabilities: 95% 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 (74%).
Low Risk Deposits: AMNB's Loans to Deposits ratio (89%) is appropriate.
Level of Bad Loans: AMNB has an appropriate level of bad loans (0.2%).
What is American National Bankshares's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: AMNB's dividend (4.57%) is higher than the bottom 25% of dividend payers in the US market (1.75%).
High Dividend: AMNB's dividend (4.57%) is low compared to the top 25% of dividend payers in the US market (4.73%).
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 reasonable payout ratio (50.2%), AMNB's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Haley (59yo)
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 ($USD941.96K) is below average for companies of similar size in the US market ($USD1.42M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
|Executive VP||0.58yr||US$229.29k||0.027% $70.8k|
|Executive VP & Chief Banking Officer||no data||US$555.74k||0.19% $485.9k|
|Executive VP and President of Wealth Management||no data||US$284.91k||0.032% $83.8k|
|Senior VP & Chief Accounting Officer||4.33yrs||no data||no data|
|Executive VP & Regional President of East Region||no data||no data||no data|
|SVP of American National Bank & Trust Co. and Market President of American National Bank & Trust Co.||3.33yrs||no data||no data|
|Senior Vice President||0.33yr||no data||no data|
|Executive VP & Regional President of South Region||no data||no data||no data|
|Executive VP & Regional President North Region||no data||no data||no data|
Experienced Management: AMNB's management team is considered experienced (3.3 years average tenure).
|Chairman of the Board||8.33yrs||US$160.00k||0.54% $1.4m|
|Director Emeritus||36.33yrs||US$51.00k||0.30% $773.9k|
|Lead Director||1yr||US$52.80k||0.17% $439.7k|
|Independent Director||8.83yrs||US$47.10k||0.24% $610.1k|
|Independent Director||8.83yrs||US$49.20k||0.28% $726.2k|
|Member of Advisory Board||no data||no data||no data|
|Independent Director||11.5yrs||US$45.33k||0.087% $223.9k|
|Independent Director||9.33yrs||US$49.20k||0.17% $436.4k|
|Independent Director||4.83yrs||US$49.20k||0.063% $161.9k|
Experienced Board: AMNB's board of directors are considered experienced (8.8 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 company bio, employee growth, exchange listings and data sources
- Name: American National Bankshares Inc.
- Ticker: AMNB
- Exchange: NasdaqGS
- Founded: 1909
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$258.817m
- Shares outstanding: 10.96m
- Website: https://www.amnb.com
Number of Employees
- American National Bankshares Inc.
- 628 Main Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AMNB||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Dec 1993|
American National Bankshares Inc. operates as the bank holding company for American National Bank and Trust Company that provides financial products and services. 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. The company’s loan products comprise commercial and residential real estate loans, commercial loans to small and medium-sized businesses, construction and land development loans, home equity loans, mortgage loans, and consumer loans. It also offers trust and investment services, such as estate planning, trust account administration, and retail brokerage services; online and telephone banking services; insurance services; and investment management services, including purchasing equity, fixed income, and mutual fund investments for customer accounts, as well as operates thirty-eight automated teller machines. As of December 31, 2019, it operated twenty-six banking offices; and one loan production offices in Roanoke, Virginia. American National Bankshares Inc. was founded in 1909 and is headquartered in Danville, Virginia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/25 23:32|
|End of Day Share Price||2020/05/22 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.