VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES 2026 THIRD QUARTER EARNINGS
PR Newswire•29/10/2026•16:15 ET
0
Key Highlights
- ➤Q3 net income $6.6 million, or $1.20 per diluted share, versus $4.6 million
- ➤Net interest margin expanded 30 basis points year over year to 3.73%
- ➤Net interest income rose 11.2% year over year to $14.5 million
- ➤Nonperforming assets fell to 0.36% of total assets from 0.42%
- ➤Third-quarter cash dividends totaled $0.36 per share, with 70% of net income retained
Expert Statements
Glenn W. Rust, President and Chief Executive Officer of Virginia National Bankshares Corporation
“We are very pleased with our third quarter 2026 performance, highlighted by a 30-basis point expansion in net interest margin on a fully tax-equivalent basis (FTE)(1,2) from the same quarter of 2025.”
Glenn W. Rust, President and Chief Executive Officer of Virginia National Bankshares Corporation
“The improvement reflects our disciplined balance sheet management focused on delivering long-term value to our shareholders.”
VIRGINIA NATIONAL BANKSHARES CORPORATION ANNOUNCES 2026 THIRD QUARTER EARNINGS PR Newswire
CHARLOTTESVILLE, Va., Oct. 29, 2026 /PRNewswire/ -- Virginia National Bankshares Corporation (NASDAQ: VABK) (the "Company") today reported quarterly net income of $6.6 million, or $1.20 per diluted share, for the quarter ended September 30, 2026, compared to $4.6 million, or $0.84 per diluted share, recognized for the quarter ended September 30, 2025.
Get started
Create a free account to read the full story.