National Bankshares, Inc. (NKSH) Announces Quarterly Earnings Results, Misses Expectations By $0.01 EPS

National Bankshares, Inc. (NASDAQ:NKSH) issued its quarterly earnings data on Friday. The bank reported $0.54 earnings per share 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 mid-day trading on Friday, reaching $47.45. 15,042 shares of the company traded hands. National Bankshares has a 52-week low of $34.00 and a 52-week high of $47.65. The stock has a market capitalization of $330.11 million, a PE ratio of 22.75 and a beta of 0.34. The stock’s 50 day moving average is $44.04 and its 200 day moving average is $41.22.

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Several analysts recently weighed in on the stock. TheStreet downgraded shares of National Bankshares from a “b” rating to a “c+” rating in a research report on Wednesday, August 16th. Sandler O’Neill set a $40.00 price objective on shares of National Bankshares and gave the company a “hold” rating in a research report 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.

Earnings History for National Bankshares (NASDAQ:NKSH)

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