National Bankshares First Quarter 2024 Earnings: EPS: US$0.37 (vs US$0.77 in 1Q 2023)

National Bankshares (NASDAQ:NKSH) First Quarter 2024 Results

Key Financial Results

• Revenue: US$10.5m (down 21% from 1Q 2023).
• Net income: US$2.17m (down 52% from 1Q 2023).
• Profit margin: 21% (down from 35% in 1Q 2023). The decrease in margin was driven by lower revenue.
• EPS: US$0.37 (down from US$0.77 in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

National Bankshares shares are down 5.3% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for National Bankshares that you need to be mindful of.

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