Virginia National Bankshares (NASDAQ:VABK) Issues Quarterly Earnings Results

Virginia National Bankshares (NASDAQ:VABK) released its earnings results on Thursday. The company reported $0.85 earnings per share for the quarter, Zacks reports. Virginia National Bankshares had a net margin of 18.95% and a return on equity of 9.96%.

Virginia National Bankshares Stock Performance

Virginia National Bankshares stock traded up $0.18 during trading on Thursday, hitting $35.70. The stock had a trading volume of 4,640 shares, compared to its average volume of 6,707. The stock’s 50 day moving average is $39.28 and its two-hundred day moving average is $39.00. Virginia National Bankshares has a 1 year low of $24.06 and a 1 year high of $44.00. The stock has a market cap of $191.71 million, a price-to-earnings ratio of 12.35 and a beta of 0.47. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.32.

Virginia National Bankshares Company Profile

Virginia National Bankshares Corporation operates as the holding company for Virginia National Bank that provides a range of commercial and retail banking services. The company operates through Bank, Sturman Wealth Advisors, VNB Trust and Estate Services, and Masonry Capital segments. It provides checking accounts, demand deposits, NOW accounts, money market deposit accounts, time deposits, certificates of deposit, individual retirement accounts, and other depository services.