Company Overview
Virginia National Bankshares Corporation functions as a holding company for Virginia National Bank, which offers a comprehensive suite of commercial and retail banking products and services specifically tailored to the Virginia market. The organization operates through three distinct segments: Bank, VNB Trust and Estate Services, and Masonry Capital, positioning it within the Financial Services sector as a regional banking entity. As of the latest available data, the company maintains a market capitalization of $207.47M and reports an annual revenue of $57.47M, though specific employee count data is not publicly disclosed in the provided records. These financial figures indicate that the entity operates with a moderate scale, typical for regional banks, suggesting a focused operational footprint rather than the massive diversification seen in national financial institutions. The market cap reflects the aggregate market value of the company's outstanding shares, while the revenue stream underscores its ability to generate consistent income within the competitive regional banking landscape of Virginia.
Financial Health
The company reported a trailing twelve-month revenue of $57.47M and a corresponding net income of $19.26M, while EBITDA figures are not disclosed in the available data. The substantial gap between the $57.47M in revenue and the $19.26M in net income reveals a highly efficient cost structure, as the bank retains over one-third of its top-line revenue as profit after all operating expenses are deducted. Regarding liquidity and operational cash generation, free cash flow data is not available in the current dataset, which limits a direct assessment of immediate cash flexibility but does not preclude the company from maintaining standard banking reserve practices. The gross margin is recorded at 0.0%, a standard characteristic for financial institutions where interest income and expense are treated differently than operating revenue, while the operating margin stands at a robust 53.7% and the profit margin reaches 33.5%. These margin levels indicate that the company successfully manages its overhead costs relative to its earnings before interest and taxes, resulting in a highly profitable bottom line. In terms of leverage, the company holds $70.61M in cash against $29.75M in debt, creating a net cash position, whereas the debt-to-equity ratio is not available for specific calculation. Although the current ratio is not provided, the disparity between cash and debt suggests a conservative balance sheet approach with minimal reliance on external borrowing. Return on Equity is 11.2% and Return on Assets is 1.2%, metrics that collectively reveal management effectiveness in generating returns on shareholder capital while maintaining low-risk asset deployment typical of the banking sector.
Valuation Assessment
The trailing P/E ratio is 10.84, while the forward P/E ratio is not available in the provided facts. The absence of a forward P/E figure prevents a direct comparison of valuation expectations for future earnings growth, but the low trailing P/E suggests the stock is priced relative to historical earnings rather than anticipated future expansion. The price-to-book ratio is 1.13, indicating that the market values the company slightly above its net asset book value, which is a conservative valuation metric common for regional banks with tangible assets. The price-to-sales ratio stands at 3.61, and the EV/EBITDA metric is not available; together, these alternative valuation metrics suggest the company is valued at a premium relative to its sales volume compared to peers with lower ratios, though the lack of EV/EBITDA data limits a multiple comparison. The 52-week high is $44.57 and the 52-week low is $34.12, establishing a trading range of $10.45. Without a specific current share price provided in the source text, the exact percentage deviation from the high or low cannot be calculated, but the range defines the recent volatility bounds for the stock. The beta is 0.46, which signifies that the stock's price volatility is significantly lower than the broader market, indicating lower systemic risk and less sensitivity to general market fluctuations compared to a beta of 1.0.
Growth & Income
Revenue growth over the last year is 6.8%, while earnings growth is 29.5%, demonstrating that profitability is expanding at a rate nearly five times faster than revenue generation. This divergence implies that the company is likely benefiting from leverage effects, improved efficiency, or higher-margin loan growth that outpaces the overall increase in top-line activity. As a dividend payer, the company offers a yield of 3.8% and maintains a payout ratio of 39.7%. This payout ratio is highly sustainable given the strong earnings growth, as retaining over 60% of earnings for reinvestment or balance sheet strengthening is well within the capacity of a bank with 11.2% return on equity. Since the company does pay dividends, it balances shareholder returns with internal capital retention rather than exclusively reinvesting all earnings. The overall profile combines moderate revenue expansion with exceptional earnings acceleration and a generous, sustainable dividend yield, presenting a hybrid growth and income characteristic for a regional financial institution.