NasdaqGS:AMNB

Stock Analysis Report

American National Bankshares

Executive Summary

American National Bankshares Inc. operates as the bank holding company for American National Bank and Trust Company that provides financial products and services.

Snowflake

Fundamentals

Flawless balance sheet with reasonable growth potential and pays a dividend.


Similar Companies

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


Market Performance


7 Day Return

1.8%

NasdaqGS:AMNB

2.4%

US Banks

2.9%

US Market


1 Year Return

-15.7%

NasdaqGS:AMNB

-14.8%

US Banks

0.2%

US Market

AMNB matched the Banks industry (-15.3%) over the past year.

AMNB underperformed the Market in United States of America which returned -0.7% over the past year.


Share holder returns

AMNBIndustryMarket
7 Day1.8%2.4%2.9%
30 Day-0.6%-6.3%-2.3%
90 Day-1.1%-2.1%3.1%
1 Year-13.3%-15.7%-12.4%-14.8%2.4%0.2%
3 Year41.7%30.4%41.7%32.0%41.7%32.4%
5 Year86.9%59.0%52.2%35.7%55.1%37.9%

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

Valuation

Is American National Bankshares undervalued based on future cash flows and its price relative to the stock market?

20.97x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

American National Bankshares's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

American National Bankshares's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

American National Bankshares is overvalued based on earnings compared to the US Banks industry average.

American National Bankshares is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

American National Bankshares is good value based on expected growth next year.


Price Based on Value of Assets

American National Bankshares is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is American National Bankshares expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

53.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

American National Bankshares's revenue is expected to grow by 13.6% yearly, however this is not considered high growth (20% yearly).

American National Bankshares's earnings are expected to grow significantly at over 20% yearly.

American National Bankshares's revenue growth is expected to exceed the United States of America market average.

American National Bankshares's earnings growth is expected to exceed the United States of America market average.

American National Bankshares's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if American National Bankshares will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has American National Bankshares performed over the past 5 years?

9.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

American National Bankshares's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

American National Bankshares's 1-year earnings growth is negative, it can't be compared to the 5-year average.

American National Bankshares's 1-year earnings growth is negative, it can't be compared to the US Banks industry average.


Return on Equity

American National Bankshares has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

American National Bankshares used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if American National Bankshares improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

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


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

American National Bankshares has an acceptable proportion of non-loan assets held.

American National Bankshares has a sufficient allowance for bad loans.

American National Bankshares's liabilities are made up of primarily low risk sources of funding.

American National Bankshares's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at American National Bankshares are broadly funded by customer deposits.

American National Bankshares has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is American National Bankshares's current dividend yield, its reliability and sustainability?

3.05%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase American National Bankshares before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

American National Bankshares's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

American National Bankshares's dividend is below the markets top 25% of dividend payers in United States of America (3.85%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.7x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of American National Bankshares's salary, the management and board of directors tenure and is there insider trading?

3.6yrs

Average management tenure


CEO

Jeff Haley (59yo)

6.6yrs

Tenure

US$825,569

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 ...


CEO Compensation Analysis

Jeff's remuneration is lower than average for companies of similar size in United States of America.

Jeff's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.6yrs

Average Tenure

59yo

Average Age

The tenure for the American National Bankshares management team is about average.


Board Age and Tenure

8.6yrs

Average Tenure

69yo

Average Age

The tenure for the American National Bankshares board of directors is about average.


Insider Trading

More shares have been bought than sold by American National Bankshares individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$112,63007 Aug 19
Franklin Maddux
EntityIndividual
Role
Member of the Board of Directors
Director
Shares3,218
Max PriceUS$35.00
BuyUS$71,34007 Aug 19
H. Strader
EntityIndividual
Role
Senior Key Executive
Executive VP & Chief Banking Officer
Shares2,000
Max PriceUS$35.67
BuyUS$35,07029 Jul 19
Dan Pleasant
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$35.07
BuyUS$149,87025 Jul 19
Franklin Maddux
EntityIndividual
Role
Member of the Board of Directors
Director
Shares4,282
Max PriceUS$35.00
SellUS$30,13228 Jan 19
H. Strader
EntityIndividual
Role
Senior Key Executive
Executive VP & Chief Banking Officer
Shares930
Max PriceUS$32.40
BuyUS$34,84222 Jan 19
Dan Pleasant
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,060
Max PriceUS$32.87
BuyUS$65,88013 Dec 18
Frank Crist
EntityIndividual
Role
Member of the Board of Directors
Director
Shares2,000
Max PriceUS$32.94
BuyUS$24,84226 Oct 18
Dan Pleasant
EntityIndividual
Role
Member of the Board of Directors
Director
Shares698
Max PriceUS$35.59
BuyUS$18,73023 Oct 18
Jeffrey Haley
EntityIndividual
Role
Chief Executive Officer
President
Shares500
Max PriceUS$37.46
BuyUS$93,50023 Oct 18
Franklin Maddux
EntityIndividual
Role
Member of the Board of Directors
Director
Shares2,500
Max PriceUS$37.40

Ownership Breakdown


Management Team

  • Jeff Farrar (58yo)

    Executive VP & COO

    • Tenure: 0.0yrs
  • Bill Traynham (64yo)

    Executive VP

    • Tenure: 10.3yrs
    • Compensation: US$387.77k
  • Jeff Haley (59yo)

    President

    • Tenure: 6.6yrs
    • Compensation: US$825.57k
  • Mark Strosnider

    Vice President of National Bank & Trust Company

    • Tenure: 14.3yrs
  • Carolyn Compton

    Assistant Secretary and Assistant Vice President of American National Bank

    • Tenure: 0.0yrs
  • H. Strader (61yo)

    Executive VP & Chief Banking Officer

    • Tenure: 0.0yrs
    • Compensation: US$554.28k
  • Cathy Liles (54yo)

    Senior VP & Chief Accounting Officer

    • Tenure: 3.6yrs
  • Brandon Atkins

    SVP of American National Bank & Trust Co. & Senior Risk Officer of American National Bank & Trust Co

    • Tenure: 2.6yrs
  • M. Burris

    SVP & Commercial Relationship Mngr - American National Bank & Trust Co

    • Tenure: 2.6yrs
  • William Kirby

    SVP of American National Bank & Trust Co. and Market President of American National Bank & Trust Co.

    • Tenure: 2.6yrs

Board Members

  • Charley Majors (74yo)

    Chairman of the Board

    • Tenure: 7.6yrs
    • Compensation: US$160.00k
  • Jeff Haley (59yo)

    President

    • Tenure: 6.6yrs
    • Compensation: US$825.57k
  • Claude Owen (74yo)

    Director

    • Tenure: 35.6yrs
    • Compensation: US$56.40k
  • Michael Haley (69yo)

    Lead Director

    • Tenure: 0.3yrs
    • Compensation: US$54.60k
  • Franklin Maddux (62yo)

    Director

    • Tenure: 17.6yrs
    • Compensation: US$48.00k
  • F. Hornaday (69yo)

    Director

    • Tenure: 8.1yrs
    • Compensation: US$48.90k
  • Frank Crist (74yo)

    Director

    • Tenure: 0.0yrs
    • Compensation: US$48.90k
  • Charles Harris (69yo)

    Director

    • Tenure: 10.8yrs
    • Compensation: US$46.78k
  • Dan Pleasant (68yo)

    Director

    • Tenure: 8.6yrs
    • Compensation: US$50.10k
  • Ronda Penn (56yo)

    Director

    • Tenure: 4.1yrs
    • Compensation: US$49.20k

Company Information

American National Bankshares Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: American National Bankshares Inc.
  • Ticker: AMNB
  • Exchange: NasdaqGS
  • Founded: 1909
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$389.787m
  • Shares outstanding: 11.14m
  • Website: https://www.amnb.com

Number of Employees


Location

  • American National Bankshares Inc.
  • 628 Main Street
  • Danville
  • Virginia
  • 24541
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AMNBNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDDec 1993

Biography

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, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 23:32
End of Day Share Price2019/08/21 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.