Virginia National Bankshares Corporation operates as the holding company for Virginia National Bank that providesa range of commercial banking services. More Details
Flawless balance sheet with proven track record.
Share Price & News
How has Virginia National Bankshares's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VABK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: VABK's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: VABK underperformed the US Banks industry which returned 55% over the past year.
Return vs Market: VABK exceeded the US Market which returned 39.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Virginia National Bankshares's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWe Think Shareholders Are Less Likely To Approve A Pay Rise For Virginia National Bankshares Corporation's (NASDAQ:VABK) CEO For Now
1 month ago | Simply Wall StBe Sure To Check Out Virginia National Bankshares Corporation (NASDAQ:VABK) Before It Goes Ex-Dividend
Is Virginia 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: VABK ($37.82) is trading below our estimate of fair value ($52.35)
Significantly Below Fair Value: VABK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VABK is poor value based on its PE Ratio (12.7x) compared to the US Banks industry average (11x).
PE vs Market: VABK is good value based on its PE Ratio (12.7x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VABK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VABK is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.1x).
How is Virginia National Bankshares forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Virginia National Bankshares has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Virginia National Bankshares performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VABK has high quality earnings.
Growing Profit Margin: VABK's current net profit margins (27.7%) are higher than last year (26.3%).
Past Earnings Growth Analysis
Earnings Trend: VABK's earnings have grown by 7.3% per year over the past 5 years.
Accelerating Growth: VABK's earnings growth over the past year (18%) exceeds its 5-year average (7.3% per year).
Earnings vs Industry: VABK earnings growth over the past year (18%) underperformed the Banks industry 28.4%.
Return on Equity
High ROE: VABK's Return on Equity (10.1%) is considered low.
How is Virginia 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: VABK's Assets to Equity ratio (11.5x) is moderate.
Allowance for Bad Loans: VABK has a sufficient allowance for bad loans (1390%).
Low Risk Liabilities: 96% of VABK's liabilities are made up of primarily low risk sources of funding.
Loan Level: VABK has an appropriate level of Loans to Assets ratio (67%).
Low Risk Deposits: VABK's Loans to Deposits ratio (77%) is appropriate.
Level of Bad Loans: VABK has an appropriate level of bad loans (0.1%).
What is Virginia National Bankshares's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: VABK's dividend (3.17%) is higher than the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: VABK's dividend (3.17%) is low compared to the top 25% of dividend payers in the US market (3.56%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, VABK has been paying a dividend for less than 10 years.
Growing Dividend: VABK's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (40.3%), VABK's dividend payments are well 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 board tenure
Glenn Rust (65 yo)
Mr. Glenn W. Rust is President and Chief Executive Officer of Virginia National and Virginia National Bank, as well as a Managing Partner of both Masonry Capital and Masonry Capital GP, LLC. He has over 48...
CEO Compensation Analysis
Compensation vs Market: Glenn's total compensation ($USD639.76K) is below average for companies of similar size in the US market ($USD1.12M).
Compensation vs Earnings: Glenn's compensation has been consistent with company performance over the past year.
Experienced Board: VABK's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: VABK insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 95.5%.
Virginia National Bankshares Corporation's company bio, employee growth, exchange listings and data sources
- Name: Virginia National Bankshares Corporation
- Ticker: VABK
- Exchange: NasdaqCM
- Founded: 1998
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$200.645m
- Shares outstanding: 5.31m
- Website: https://www.vnb.com
Number of Employees
- Virginia National Bankshares Corporation
- 404 People Place
- United States
Virginia National Bankshares Corporation operates as the holding company for Virginia National Bank that providesa range of commercial banking services. The company operates through four segments: Bank, St...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/27 02:07|
|End of Day Share Price||2021/07/26 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.