Skyline Bankshares Inc Financials

SLBK

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Skyline Bankshares Inc (SLBK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SLBK FY2025 2026-05-15

Skyline’s balance-sheet-funded model makes small shifts in asset profitability drive outsized changes in shareholder returns.

A modest 1.2% return on assets became a much larger 14.7% return on equity in FY2025, showing how a relatively thin capital layer amplifies what the asset base earns. With $1.19B of liabilities supporting $1.29B of assets, the FY2024 dip looks less like a growth problem than a temporary squeeze in profitability on an already-large balance sheet.

Cash conversion stayed healthy: FY2025 operating cash flow of $18.8M comfortably exceeded free cash flow of $10.6M, so reported earnings were backed by cash after reinvestment. That gives the company room to reinvest and still cover shareholder payouts from internally generated cash, rather than leaning only on balance-sheet expansion.

The profit rebound came from better use of the existing balance sheet, not just from getting bigger: net income rose from $7.4M to $15.8M between FY2024 and FY2025 while asset growth was much smaller. Equity also rebuilt over the last three years, which slightly thickens the capital cushion under a model that is still predominantly liability-funded.

Financial Health Signals

Financial Profile 46/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Skyline Bankshares Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

Skyline Bankshares Inc's revenue surged 22.8% year-over-year to $65.7M, reflecting rapid business expansion. This strong growth earns a score of 72/100.

Leverage

100

Skyline Bankshares Inc carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Cash Flow

Skyline Bankshares Inc converts 16.2% of revenue into free cash flow ($10.6M). This strong cash generation earns a score of 68/100.

Returns

Skyline Bankshares Inc's ROE of 14.7% shows moderate profitability relative to equity, earning a score of 38/100. This is up from 8.4% the prior year.

Piotroski F-Score Neutral

5/9

Skyline Bankshares Inc passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.19x

For every $1 of reported earnings, Skyline Bankshares Inc generates $1.19 in operating cash flow ($18.8M OCF vs $15.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$65.7M

YoY+22.8%

5Y CAGR+15.7%

10Y CAGR+17.9%

Skyline Bankshares Inc generated $65.7M in revenue in fiscal year 2025. This represents an increase of 22.8% from the prior year.

EBITDA

N/A

Net Income

$15.8M

YoY+113.4%

5Y CAGR+22.0%

10Y CAGR+31.9%

Skyline Bankshares Inc reported $15.8M in net income in fiscal year 2025. This represents an increase of 113.4% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

$10.6M

YoY+17.8%

5Y CAGR+39.1%

10Y CAGR+20.1%

Skyline Bankshares Inc generated $10.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 17.8% from the prior year.

Cash & Debt

N/A

Dividends Per Share

$0.52

YoY+13.0%

5Y CAGR+14.9%

Skyline Bankshares Inc paid $0.52 per share in dividends in fiscal year 2025. This represents an increase of 13.0% from the prior year.

Shares Outstanding

YoY+0.3%

5Y CAGR-1.3%

Skyline Bankshares Inc had 6M shares outstanding in fiscal year 2025. This represents an increase of 0.3% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

24.1%

YoY+10.2pp

5Y CAGR+5.6pp

10Y CAGR+16.2pp

Skyline Bankshares Inc's net profit margin was 24.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 10.2 percentage points from the prior year.

Return on Equity

14.7%

YoY+6.3pp

5Y CAGR+7.8pp

10Y CAGR+11.5pp

Skyline Bankshares Inc's ROE was 14.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 6.3 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

YoY-100.0%

Skyline Bankshares Inc spent $0 on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 100.0% from the prior year.

Capital Expenditures

$8.1M

YoY+119.6%

5Y CAGR+12.5%

10Y CAGR+40.1%

Skyline Bankshares Inc invested $8.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 119.6% from the prior year.

SLBK Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$65.7M+22.8%	$53.5M+23.5%	$43.4M+18.6%	$36.6M+5.2%	$34.8M+9.5%	$31.7M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$19.4M+9.4%	$17.8M+6.4%	$16.7M+12.7%	$14.8M+1.0%	$14.7M+0.5%	$14.6M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$15.4M+9.1%	$14.1M+81.1%	$7.8M+302.4%	$1.9M-20.5%	$2.4M-29.4%	$3.4M
Income Tax	$4.2M+116.8%	$1.9M-18.6%	$2.4M-5.7%	$2.5M+4.0%	$2.4M+67.7%	$1.4M
Net Income	$15.8M+113.4%	$7.4M-23.5%	$9.7M-5.7%	$10.3M+8.4%	$9.5M+61.6%	$5.9M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$16.9M-1.2%	$17.1M+1.5%	$16.9M+3.8%	$16.3M+5.0%	$15.5M+0.3%	$15.4M+12.6%	$13.7M+10.6%	$12.4M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$4.8M-5.4%	$5.1M+2.4%	$5.0M+2.8%	$4.8M+7.8%	$4.5M-1.7%	$4.6M+1.1%	$4.5M+4.1%	$4.3M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$3.4M-10.6%	$3.8M-4.5%	$4.0M+4.7%	$3.8M+1.1%	$3.8M-2.8%	$3.9M+2.3%	$3.8M+14.7%	$3.3M
Income Tax	$1.3M+2.8%	$1.2M+19.1%	$1.0M-3.2%	$1.1M+18.0%	$895K+44.6%	$619K+71.0%	$362K-28.5%	$506K
Net Income	$4.6M+4.8%	$4.4M+7.8%	$4.1M+7.2%	$3.8M+6.4%	$3.6M+42.7%	$2.5M+136.8%	$1.1M-41.7%	$1.8M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

SLBK Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$1.3B+6.2%	$1.2B+16.4%	$1.0B+4.8%	$997.7M+0.2%	$995.8M+16.4%	$855.4M
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	N/A	N/A	N/A	N/A	N/A	N/A
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$7.9M0.0%	$7.9M+142.6%	$3.3M0.0%	$3.3M0.0%	$3.3M0.0%	$3.3M
Total Liabilities	$1.2B+5.0%	$1.1B+17.2%	$963.0M+4.1%	$924.8M+1.6%	$910.7M+18.2%	$770.3M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$0	$0	$0	$0	N/A	N/A
Total Equity	$107.7M+21.4%	$88.7M+7.0%	$82.9M+13.6%	$72.9M-14.4%	$85.2M+0.1%	$85.1M
Retained Earnings	$86.6M+17.5%	$73.7M+7.0%	$68.9M+10.7%	$62.2M+15.8%	$53.7M+17.1%	$45.9M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$1.3B+1.3%	$1.3B-1.0%	$1.3B+1.8%	$1.3B+2.5%	$1.3B+2.8%	$1.2B+0.9%	$1.2B+13.3%	$1.1B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$7.9M0.0%	$7.9M0.0%	$7.9M0.0%	$7.9M0.0%	$7.9M0.0%	$7.9M0.0%	$7.9M+142.6%	$3.3M
Total Liabilities	$1.2B+1.2%	$1.2B-1.6%	$1.2B+1.7%	$1.2B+2.3%	$1.2B+2.6%	$1.1B+1.0%	$1.1B+14.1%	$979.9M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$0	$0	$0	$0	$0	$0	$0	$0
Total Equity	$110.1M+2.3%	$107.7M+5.7%	$101.9M+4.1%	$97.9M+5.3%	$92.9M+4.8%	$88.7M+0.1%	$88.6M+4.9%	$84.5M
Retained Earnings	$89.5M+3.3%	$86.6M+5.3%	$82.2M+3.2%	$79.7M+5.0%	$75.9M+2.9%	$73.7M+3.5%	$71.2M-0.3%	$71.5M

SLBK Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$18.8M+47.4%	$12.7M+12.3%	$11.3M+6.7%	$10.6M+11.3%	$9.6M+45.6%	$6.6M
Capital Expenditures	$8.1M+119.6%	$3.7M+30.2%	$2.8M-25.1%	$3.8M-34.8%	$5.8M+28.9%	$4.5M
Free Cash Flow	$10.6M+17.8%	$9.0M+6.3%	$8.5M+24.4%	$6.8M+83.3%	$3.7M+82.4%	$2.0M
Investing Cash Flow	-$68.7M-55.0%	-$44.4M+16.9%	-$53.4M+50.2%	-$107.2M+12.6%	-$122.7M-26.2%	-$97.2M
Financing Cash Flow	$53.7M+85.3%	$29.0M-12.4%	$33.1M+175.6%	$12.0M-91.0%	$133.1M-6.2%	$141.9M
Dividends Paid	$2.9M+14.0%	$2.6M+9.5%	$2.4M+30.9%	$1.8M+10.7%	$1.6M+2.7%	$1.6M
Share Buybacks	$0-100.0%	$230K-54.7%	$508K+229.9%	$154K-97.6%	$6.3M+523.2%	$1.0M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$6.3M+45.1%	$4.3M-9.6%	$4.8M+2.5%	$4.7M-4.5%	$4.9M+9.5%	$4.5M+19.6%	$3.8M+117.2%	$1.7M
Capital Expenditures	$279K-27.9%	$387K-90.8%	$4.2M+79.5%	$2.3M+97.6%	$1.2M-17.3%	$1.4M+197.7%	$482K-54.7%	$1.1M
Free Cash Flow	$6.0M+52.2%	$4.0M+558.1%	$602K-74.4%	$2.4M-37.0%	$3.7M+22.1%	$3.1M-6.6%	$3.3M+391.9%	$665K
Investing Cash Flow	-$20.9M-9.0%	-$19.2M-81.3%	-$10.6M+55.9%	-$24.0M-59.9%	-$15.0M+51.2%	-$30.7M-1353.1%	-$2.1M+62.7%	-$5.7M
Financing Cash Flow	$11.2M+160.7%	-$18.5M-205.0%	$17.6M-32.3%	$26.1M-8.6%	$28.5M+170.4%	$10.5M+243.4%	$3.1M-75.8%	$12.7M
Dividends Paid	$1.7M	$0-100.0%	$1.5M	$0-100.0%	$1.4M+141200.0%	$1K-99.9%	$1.3M	$0
Share Buybacks	N/A	$0	$0	$0	$0	$0	$0	$0

SLBK Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	24.1%+10.2pp	13.9%-8.5pp	22.4%-5.8pp	28.1%+0.8pp	27.3%+8.8pp	18.5%
Return on Equity	14.7%+6.3pp	8.4%-3.3pp	11.7%-2.4pp	14.1%+3.0pp	11.1%+4.2pp	6.9%
Return on Assets	1.2%+0.6pp	0.6%-0.3pp	0.9%-0.1pp	1.0%+0.1pp	0.9%+0.3pp	0.7%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.000.0	0.000.0	0.000.0	0.00-10.7	10.69+1.6	9.05
FCF Margin	16.2%-0.7pp	16.9%-2.7pp	19.6%+0.9pp	18.7%+8.0pp	10.7%+4.3pp	6.4%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	27.2%+1.6pp	25.6%+1.5pp	24.2%+0.8pp	23.4%+0.3pp	23.1%+6.9pp	16.2%+8.5pp	7.7%-6.9pp	14.6%
Return on Equity	4.2%+0.1pp	4.1%+0.1pp	4.0%+0.1pp	3.9%+0.0pp	3.9%+1.0pp	2.8%+1.6pp	1.2%-1.0pp	2.1%
Return on Assets	0.4%+0.0pp	0.3%+0.0pp	0.3%0.0pp	0.3%+0.0pp	0.3%+0.1pp	0.2%+0.1pp	0.1%-0.1pp	0.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.000.0	0.000.0	0.000.0	0.000.0	0.000.0	0.000.0	0.000.0	0.00
FCF Margin	35.6%+12.5pp	23.1%+19.6pp	3.6%-10.9pp	14.5%-9.6pp	24.1%+4.3pp	19.8%-4.1pp	23.9%+18.5pp	5.4%

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Frequently Asked Questions

What is Skyline Bankshares Inc's annual revenue?

Skyline Bankshares Inc (SLBK) reported $65.7M in total revenue for fiscal year 2025. This represents a 22.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Skyline Bankshares Inc's revenue growing?

Skyline Bankshares Inc (SLBK) revenue grew by 22.8% year-over-year, from $53.5M to $65.7M in fiscal year 2025.

Is Skyline Bankshares Inc profitable?

Yes, Skyline Bankshares Inc (SLBK) reported a net income of $15.8M in fiscal year 2025, with a net profit margin of 24.1%.

What is Skyline Bankshares Inc's net profit margin?

Skyline Bankshares Inc (SLBK) had a net profit margin of 24.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Skyline Bankshares Inc pay dividends?

Yes, Skyline Bankshares Inc (SLBK) paid $0.52 per share in dividends during fiscal year 2025.

What is Skyline Bankshares Inc's return on equity (ROE)?

Skyline Bankshares Inc (SLBK) has a return on equity of 14.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Skyline Bankshares Inc's free cash flow?

Skyline Bankshares Inc (SLBK) generated $10.6M in free cash flow during fiscal year 2025. This represents a 17.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Skyline Bankshares Inc's operating cash flow?

Skyline Bankshares Inc (SLBK) generated $18.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Skyline Bankshares Inc's total assets?

Skyline Bankshares Inc (SLBK) had $1.3B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Skyline Bankshares Inc's capital expenditures?

Skyline Bankshares Inc (SLBK) invested $8.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Skyline Bankshares Inc have outstanding?

Skyline Bankshares Inc (SLBK) had 6M shares outstanding as of fiscal year 2025.

What is Skyline Bankshares Inc's debt-to-equity ratio?

Skyline Bankshares Inc (SLBK) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Skyline Bankshares Inc's return on assets (ROA)?

Skyline Bankshares Inc (SLBK) had a return on assets of 1.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Skyline Bankshares Inc's Piotroski F-Score?

Skyline Bankshares Inc (SLBK) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Skyline Bankshares Inc's earnings high quality?

Skyline Bankshares Inc (SLBK) has an earnings quality ratio of 1.19x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Skyline Bankshares Inc?

Skyline Bankshares Inc (SLBK) scores 46 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.