NASDAQ · Banks - Regional · USD

National Bankshares, Inc. (NKSH) Stock Analysis

National Bankshares, Inc. (NKSH) is a Banks - Regional stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

NKSH

$44.04

+$0.03 (+0.07%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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NKSH Key Statistics

As of Oct 21, 2026

Trading

Open: $43.79
Previous Close: $44.01
Day's Range: 43.72–44.11
52-Week Range: 27.00–45.00
Volume: 21.96K
Beta: 0.53

Valuation

Market Cap: $280.56M
P/E Ratio: 13.81
Forward P/E: 11.41
P/S ratio: 4.63
EPS (ttm): 3.19

Financials (FY)

Revenue (FY): $55.56M+22.50%
Net Income (FY): $15.83M+107.61%
Profit margin: 33.54%
Shares Outstanding: 6.37M
1-Year Return: +58.73%

Dividend and dates

Dividend: $1.50+3.41%
Ex-Dividend Date: May 26, 2026
Earnings Date: October 22, 2026
Avg Volume: 35.49K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, NKSH closed at $44.04, +58.73% over 1 year.

National Bankshares, Inc. (NKSH) has a market capitalization of $280.56M.

In fiscal 2025, NKSH reported revenue of $55.56M.

NKSH Stock Return by Calendar Year

National Bankshares, Inc. (NKSH) 10-year return: what $10,000 became

1 year: $10,000 $15,873; +58.73%
5 years: $10,000 $15,690; +56.90%
10 years: $10,000 $19,381; +93.81%

If you had invested $10,000 in National Bankshares, Inc. (NKSH) 10 years ago, at the close on October 21, 2016, it would have been worth $19,381 at the close on October 21, 2026: +93.81% in total, +6.84% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

−27.13%+34.17%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+34.17%
2025	+23.27%
2024	−6.75%
2023	−13.15%
2022	+17.24%
2021	+19.01%
2020	−27.13%
2019	+27.40%
2018	−17.71%
2017	+7.54%
2016 (partial year)	+25.51%

As of October 21, 2026.

NKSH Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$55.56M	$15.83M	28.5%
2024	$45.36M	$7.62M	16.8%
2023	$46.64M	$15.69M	33.6%
2022	$59.43M	$25.93M	43.6%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$55.56M	—	—	$15.83M	28.5%
2024	$45.36M	—	—	$7.62M	16.8%
2023	$46.64M	—	—	$15.69M	33.6%
2022	$59.43M	—	—	$25.93M	43.6%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

NKSH Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

$1.51+0.0% vs 2024

Dividends per share, 2025 · 2 payments

Year	Dividends per share	Payments	Change
2026*	$0.75	1	—
2025	$1.51	2	+0.0%
2024	$1.51	2	−39.8%
2023	$2.51	3	+67.3%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.75	1	—
2025	$1.51	2	+0.0%
2024	$1.51	2	−39.8%
2023	$2.51	3	+67.3%
2022	$1.50	2	+4.2%
2021	$1.44	2	+3.6%
2020	$1.39	2	+0.0%
2019	$1.39	2	+14.9%
2018	$1.21	2	+3.4%
2017	$1.17	2	+91.8%
2016	$0.61	1	—

Most recent payment: $0.75 per share, ex-dividend May 26, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

NKSH Valuation vs Banks - Regional Median

Median of 326 stocks

Metric	NKSH	Banks - Regional median	vs median
P/E	13.81	12.03	15% above
P/S ratio	4.63	3.58	29% above
Profit margin	33.54%	29.44%	4.1 pts above

Medians across 326 Banks - Regional stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

National Bankshares, Inc. (NKSH) is capitalised at $280.56M on the latest close. The company sits in the Financial Services sector, in the Banks - Regional industry. The company reports 245 employees.

The most recent close on file for NKSH is $44.04, dated October 21, 2026. That is +$0.03 (+0.07%) against the previous close. The 52-week range on file runs from $27.00 to $45.00. The latest close sits 63.11% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $55.56M. That is +22.50% against the prior fiscal year, when revenue was $45.36M. The same year closed with net income of $15.83M. That is +107.61% against the prior fiscal year. The reported profit margin is 33.54%. That is 4.1 percentage points above the Banks - Regional median of 29.44%. Trailing earnings per share are 3.19.

Across the 4 fiscal years on file, revenue moves from $59.43M in 2022 to $55.56M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 13.81 times earnings. That is 14.8% above the Banks - Regional median of 12.03. The forward P/E on file is 11.41. Measured against sales, the shares trade at 4.63 times revenue. On price-to-sales that is 29.45% above the Banks - Regional median of 3.58. The medians here are taken across 326 Banks - Regional companies that report the metric.

The trailing one-year total return is +58.73%. Across 10 years the annualized return works out at +6.84%. Beta against the wider market is reported at 0.53. Annualized volatility over the trailing 10 years is 37.64%.

Growth & Income

Shareholders receive a dividend, yielding 3.41% on the latest price. That is 0.7 percentage points above the Banks - Regional median yield of 2.68%. The indicated annual rate is $1.50 a share. The ex-dividend date on file is May 26, 2026. Dividends are recorded for 11 calendar years; 2026 shows 1 payments totalling $0.75 a share. The year before, 2025, totalled $1.51 a share.

Across the complete calendar years on file, 2019 returned +27.40% and 2020 returned −27.13%. Of the 9 complete calendar years on file, 5 finished higher. So far in 2026 the total return is +34.17%.

Peer Comparison

National Bankshares, Inc. (NKSH) operates in the Banks - Regional industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
National Bankshares, Inc.	NKSH	$280.56M	13.8
Mizuho Financial Group, Inc.	MFG	$120.84B	13.7
HDFC Bank Limited	HDB	$116.51B	14.6
Itaú Unibanco Holding S.A.	ITUB	$106.91B	12.4

The Banks - Regional industry average P/E ratio is 12.0x. National Bankshares, Inc. trades at a P/E of 13.8.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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IBN

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USB

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About National Bankshares, Inc.

National Bankshares, Inc. operates as the bank holding company for the National Bank of Blacksburg that provides retail and commercial banking products and services to individuals, businesses, non-profits, and local governments. The company accepts interest-bearing and non-interest-bearing demand deposit accounts, money market deposit accounts, savings accounts, certificates of deposit, health savings accounts, and individual retirement accounts. Its loan products include commercial non-real estate loans, including commercial and agricultural loans; commercial and consumer real estate loans; residential real estate loans; home equity loans; various consumer loans, such as credit cards, automobile, and other consumer loans; and public sector and IDA loans, as well as loans for the construction of commercial and residential properties. The company also provides business and consumer debit and credit cards; letters of credit, night depository, safe deposit boxes, utility payment services, and automatic funds transfer; wealth management, trust, and estate services; non-deposit investment and insurance products; and telephone, mobile, and Internet banking services, as well as operates automated teller machines. The company was founded in 1891 and is headquartered in Blacksburg, Virginia.

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