NATIONAL BANKSHARES INC
Close on Oct 19, 2026
- Market cap
- $278.18M
- P/E (TTM)
- 13.7
- Dividend yield
- 3.46%
About National Bankshares
National Commercial Banks, SIC 6021
National Bankshares, Inc. operates as a financial holding company providing community-focused retail and commercial banking services, alongside investment and insurance offerings. Most operations run through its subsidiary, The National Bank of Blacksburg, while non-deposit investment and insurance products are distributed through National Bankshares Financial Services, Inc. Its primary business centers on lending to individuals as well as small and mid-sized commercial entities, offering commercial, agricultural, real estate, construction, and consumer loans. Additional banking solutions comprise depository accounts, debit and credit cards, letters of credit, and trust and wealth management services. Customers include individuals, private enterprises, non-profit organizations, and local governments.
Headquartered in Blacksburg, Virginia, the company concentrates its operations across southwest, western, and central Virginia. It conducts business through a regional distribution network that includes 28 banking locations, a loan production office situated in Charlottesville, Virginia, and 26 automated teller machines serving its regional customer base.
Summary of the business section of National Bankshares's latest annual report, written by StockData.
Company profile
Company
- Legal name
- NATIONAL BANKSHARES INC
- Founded
- 1986
- Headquarters
- Blacksburg, VA
- Address
- 101 Hubbard Street, Po Box 90002 24060
- Phone
- (540) 951-6300
- Website
- nationalbankshares.com
- Employees
- 243, Dec 31, 2025
- Industry
- National Commercial Banks
- Incorporated in
- Virginia
- Fiscal year ends
- December 31
- Auditor
- Yount, Hyde & Barbour, P.C, Winchester, Virginia
Stock & identifiers
- Ticker
- NKSH
- Exchange
- Nasdaq
- Shares outstanding
- 6M, Aug 12, 2026
- Public float
- $173.16M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 2-for-1, Apr 3, 2006
- SEC CIK
- 796534
- CUSIP
- 634865109
- ISIN
- US6348651091
- LEI
- 549300Q745S62Q6QNW78
- EIN
- 54-1375874
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Lara E. Ramsey | President & CEO | 7,107 |
| Paul M. Mylum | EVP/Chief Lending Officer | 2,456 |
| Lora M. Jones | EVP/Chief Financial Officer | 1,834 |
| David K. Skeens | EVP/Chief Operating Officer | 12,161 |
| James Carroll Thompson | Director | 9,831 |
| Mildred R. Johnson | Director | 5,609 |
| Norman V. Fitzwater III | Director | 9,859 |
| Michael E. Dye | Director | 5,441 |
| Alan Jeffrey Sweet | Director | 9,684 |
| Lawrence J. Ball | Director | 23,609 |
| Glenn P. Reynolds | Director | 10,198 |
| John Elliott Dooley | Director | 14,426 |
| Lutheria H. Smith | Director | 2,201 |
| F. Brad Denardo | Director | 38,702 |
| Mary G. Miller | Director | 7,482 |
| Charles E. Green III | Director | 49,144 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 FBrad Denardo | $786.51K | $786.51K | $427.59K | $85 | – |
| FY2025 Lara ERamsey | $562.27K | $550.14K | $427.59K | $85 | – |
| FY2024 FBrad Denardo | $1.04M | $1.04M | $282.74K | $73 | – |
| FY2024 Lara ERamsey | $0 | $0 | $282.74K | $73 | – |
| FY2023 FBrad Denardo | $942.13K | $852.13K | $334.12K | $82 | – |
| FY2023 Lara ERamsey | $0 | $0 | $334.12K | $82 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, NBB had 243 full time employees and 11 part time employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jun 3, 2024 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Mar 28, 2024 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| May 14, 2018 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Dec 13, 1995 | Merger | Registration of securities for a merger or exchange offer (S-4) |