National Bankshares, Inc. (NKSH) Posts Quarterly Earnings Results, Misses Expectations By $0.01 EPS
National Bankshares, Inc. (NASDAQ:NKSH) released its earnings results on Friday. The bank reported $0.54 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.55 by ($0.01), Yahoo Finance reports. The firm had revenue of $11.88 million during the quarter. National Bankshares had a net margin of 28.68% and a return on equity of 7.96%.
Shares of National Bankshares (NASDAQ NKSH) traded up 5.33% during midday trading on Friday, hitting $47.45. The company had a trading volume of 15,042 shares. The stock’s 50-day moving average price is $44.04 and its 200-day moving average price is $41.22. The stock has a market capitalization of $330.11 million, a price-to-earnings ratio of 22.75 and a beta of 0.34. National Bankshares has a one year low of $34.00 and a one year high of $47.65.
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A number of brokerages recently commented on NKSH. TheStreet cut National Bankshares from a “b” rating to a “c+” rating in a research note on Wednesday, August 16th. Sandler O’Neill set a $40.00 price objective on National Bankshares and gave the stock a “hold” rating in a research note on Tuesday, August 29th.
National Bankshares Company Profile
National Bankshares, Inc is a financial holding company. The Company conducts its operations through its community bank subsidiary, the National Bank of Blacksburg (NBB or the Bank). NBB offers a range of retail and commercial banking services to individuals, businesses, non-profits and local governments.
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