Virginia National Bankshares Corp (VABK) stock analysis

P/E above its 5-year median

Virginia National Bankshares's P/E of 11.8 is above its own 5-year median of 11.3.

P/E below the industry

Virginia National Bankshares's P/E of 11.8 is below the Commercial Banks median of 12.1.

P/S above the industry

Virginia National Bankshares's price-to-sales of 4.57 is above the Commercial Banks median of 3.60.

P/B above the industry

Virginia National Bankshares's price-to-book of 1.49 is above the Commercial Banks median of 1.29.

Trading above fair value

The share price of $53.61 is above our fair value estimate of $49.13.

Margin of safety under 20%

The price is 9.1% above fair value, so there is no margin of safety.

Revenue growing under 10% a year

Revenue grew -5.0% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew -6.8% a year over the last three fiscal years.

Earnings growth accelerating

Net income grew 38.6% over the last twelve months, against a 5-year average of 19.3% a year.

Growing faster than the industry

Revenue grew 13.3% over the last twelve months; the Commercial Banks median is 11.3%.

Company guidance

No outlook found in earnings releases from the last twelve months.

Gross margin trend

Banks and insurers do not report gross profit.

Return on equity under 15%

Return on equity was 13.6% over the last twelve months and averaged 11.9% over five years; we look for 15% on both.

Return on assets over 1%

Return on assets was 1.5%; for a bank or insurer, 1% or more is considered good.

Return on equity above the industry

Virginia National Bankshares's return on equity of 13.6% is above the Commercial Banks median of 11.5%.

Earnings grew over 5 years

Net income grew 19.3% a year on average over the last five fiscal years.

Net margin above its 5-year average

Net margin was 39.0% over the last twelve months, against a 5-year average of 30.2%.

Net margin above the industry

Virginia National Bankshares's net margin of 39.0% is above the Commercial Banks median of 30.3%.

Well capitalized

Equity is 11.9% of total assets; 8% or more is a comfortable cushion.

Loans funded by deposits

Needs loans and deposits.

Adequate loan-loss reserve

The allowance for credit losses is not reported.

Efficient operations

Non-interest expense takes 50.8% of revenue; under 60% is efficient for a bank.

Deposits growing

Deposits grew 1.4% over the past year.

Modest borrowings

Borrowings other than deposits are 10.3% of equity.

Pays a dividend

Virginia National Bankshares paid dividends worth 2.7% of the share price over the last twelve months.

Yield below Treasuries

The 2.7% yield is below the 4.4% on a 1-year Treasury.

Yield below the top quarter

The top quarter of US dividend payers yield 3.8% or more; Virginia National Bankshares yields 2.7%.

Dividend not cut

The dividend per share has not fallen by more than 10% in any of the last 10 fiscal years.

Earnings cover

Needs dividends paid and net income.

Cash-flow cover

Needs dividends paid and free cash flow.