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Virginia National Bankshares (NASDAQ:NKSH) Corporation (NASDAQ:VABK), a profitable regional bank with a market capitalization of $205.6 million, announced Wednesday that its board of directors has declared a cash dividend of $0.36 per share on its common stock. The dividend, representing a 3.78% yield, continues the company’s 13-year streak of consistent dividend payments, with a notable 9.09% growth in the last year. The dividend will be paid on August 29, 2025, to shareholders of record as of the close of business on August 15, 2025. For detailed dividend analysis and more insights, consider exploring InvestingPro, which offers comprehensive financial metrics and investment tools.
The company also reported its consolidated earnings for the quarter ended June 30, 2025. Trading at a P/E ratio of 11.51, the bank has maintained profitability over the last twelve months, though InvestingPro analysis indicates it’s trading at a high P/E ratio relative to its near-term earnings growth. The details of the financial results were disclosed in a press statement issued Wednesday. The press statement was furnished as an exhibit to the company’s Form 8-K filing with the Securities and Exchange Commission.
Virginia National Bankshares Corporation is based in Charlottesville, Virginia, and its common stock is listed on The Nasdaq Stock Market under the symbol VABK.
This information is based on a press statement included in the company’s SEC filing.
In other recent news, Virginia National Bankshares Corporation reported steady earnings for the second quarter of 2025, with a net income of $4.2 million, or $0.78 per diluted share. This performance is consistent with the same period last year, although there was a slight increase in per-share earnings from $0.77. The company’s net interest income saw a significant rise of 14.4%, reaching $12.8 million, attributed to higher interest income from increased loan balances and reduced interest expenses on deposits and borrowings. In the first quarter of 2025, Virginia National Bankshares reported an increase in net income to $4.5 million, or $0.83 per diluted share, compared to $3.6 million, or $0.68 per diluted share, in the previous year. This growth was driven by higher average loan balances and a reduction in interest expenses. Additionally, the company raised its dividend following the first quarter earnings report. These recent developments highlight the bank’s financial performance in the first half of the year.
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