Virginia National Bankshares (NASDAQ:VABK) Announces Earnings Results

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

Virginia National Bankshares Stock Up 0.5 %

Shares of VABK traded up $0.18 during trading hours on Thursday, reaching $35.70. 4,640 shares of the stock traded hands, compared to its average volume of 6,707. Virginia National Bankshares has a 52 week low of $24.06 and a 52 week high of $44.00. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.32. The stock has a fifty day simple moving average of $39.28 and a 200 day simple moving average of $39.00. The company has a market cap of $191.71 million, a price-to-earnings ratio of 12.35 and a beta of 0.47.

About Virginia National Bankshares

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.