Welcome to our dedicated page for Virginia Natl Bankshares news (Ticker: VABK), a resource for investors and traders seeking the latest updates and insights on Virginia Natl Bankshares stock.
Virginia National Bankshares Corporation (NASDAQ: VABK) is a Charlottesville, Virginia-based bank holding company for Virginia National Bank, operating in the commercial banking industry. Company news and press releases focus on its banking operations across Fauquier and Prince William counties, Charlottesville and Albemarle County, and the cities of Winchester and Richmond, Virginia, where the Bank serves individuals, businesses and charitable organizations.
News coverage for VABK commonly centers on quarterly and annual earnings announcements. These releases detail net income, net interest income, net interest margin on a fully tax-equivalent basis, efficiency ratio, loan growth, deposit trends, nonperforming assets and the allowance for credit losses. Management commentary in these reports often discusses credit quality metrics, capital and liquidity positions, and the impact of government-guaranteed loans on the company’s allowance for credit losses.
Another recurring theme in Virginia National Bankshares Corporation news is dividend activity. The company frequently issues press releases and related Form 8-K filings announcing quarterly cash dividends on its common stock, including the per-share amount, record date, payment date and implied dividend yield based on the stock price at declaration.
Investors following VABK news will also see updates on strategic and corporate developments, such as inclusion in the Russell 2000 index, share repurchase activity, and governance and leadership matters. For example, the company has reported a planned leadership transition involving the retirement of its Chief Financial Officer and the appointment of a new Executive Vice President and Chief Financial Officer, as well as the results of its Annual Meeting of Shareholders, director elections and changes to its stock incentive plan.
This news page aggregates these types of disclosures so readers can review Virginia National Bankshares Corporation’s reported financial performance, dividend decisions and key corporate events in one place.
Virginia National Bankshares (NASDAQ: VABK) appointed Robert Lee Burrows, Jr. to its Board of Directors, effective February 25, 2026. He also joins the board of the company’s subsidiary, Virginia National Bank. Mr. Burrows brings over four decades in financial services, founded Banks Street Partners in 2008 and retired as Vice Chairman of Investment Banking at Performance Trust in October 2025.
The company highlighted his prior roles founding and co-owning regional banking and securities firms and said his experience will strengthen board judgment and support continued company growth.
Virginia National Bankshares (NASDAQ: VABK) reported quarterly net income of $6.0M ($1.10 diluted) for Q4 2025 and full-year net income of $19.3M ($3.55 diluted) for 2025, up from $17.0M in 2024. The Board declared a quarterly cash dividend of $0.36 per share payable Feb 27, 2026.
Key drivers: lower cost of funds (down 28 bps YoY), improved net interest margin (3.50% Q4), efficiency ratio improvement, modest loan growth, and higher nonperforming assets at year-end.
Virginia National Bankshares (NASDAQ: VABK) announced a planned leadership transition: Chief Financial Officer Tara Y. Harrison will retire and serve as Senior Advisor while Cathy W. Liles becomes CFO effective November 21, 2025. The company highlighted an orderly handoff backed by the two executives' prior association and committee work.
Management noted that under Ms. Harrison the bank grew from $800 million to $1.6 billion in assets. Ms. Liles brings multi-year banking finance and audit experience as the primary financial leader of similar-sized organizations.
Virginia National Bankshares (NASDAQ: VABK) reported quarterly net income of $4.6 million or $0.84 per diluted share for Q3 2025, essentially flat versus Q3 2024. For the nine months ended September 30, 2025, net income was $13.3 million or $2.45 per diluted share.
Key operational moves: quarterly dividend of $0.36 per share declared (payable Nov 28, 2025; record date Nov 14, 2025), net interest margin (FTE) improved to 3.43%, cost of funds declined by 30 bps, and efficiency ratio (FTE) improved to 57.9%.
Balance sheet notes: gross loans totaled $1.2 billion, securities declined $27.5 million year-over-year, FHLB borrowings fell $22.5 million versus prior year, and nonperforming assets rose to $6.8 million (0.42% of assets).
Virginia National Bankshares (NASDAQ: VABK) reported Q2 2025 net income of $4.2 million ($0.78 per diluted share), matching Q2 2024's $4.2 million ($0.77 per diluted share). Year-to-date net income reached $8.7 million, up 12% from 2024's $7.8 million.
Key highlights include improved net interest margin to 3.40% from 3.04%, loan growth of 7.2% year-over-year to $1.2 billion, and a declared quarterly dividend of $0.36 per share (3.78% annual yield). The bank maintained strong asset quality with a 0.48% nonperforming assets ratio and an efficiency ratio improvement to 61.2% from 62.7%.
Virginia National Bankshares (NASDAQ: VABK) reported strong Q1 2025 results with net income of $4.5 million ($0.83 per diluted share), up 23% from $3.6 million ($0.68 per diluted share) in Q1 2024. The company announced a 9.1% increase in quarterly dividend to $0.36 per share, representing a 4.09% annual yield.
Key performance highlights include improved metrics across the board: Return on assets increased to 1.12%, net interest margin improved to 3.28%, and efficiency ratio enhanced to 62.4%. The bank's loan portfolio grew by 10.1% year-over-year to $1.2 billion, while maintaining strong credit quality with nonperforming assets at 0.31% of total assets.
Net interest income rose by 12.4% to $12.3 million, driven by higher interest income from increased loan balances and reduced interest expenses on deposits and borrowings.
Virginia National Bankshares (NASDAQ: VABK) has declared a quarterly cash dividend of $0.33 per share. The dividend will be paid on March 28, 2025, to shareholders of record as of March 14, 2025. Based on the company's closing stock price on February 26, 2025, this quarterly distribution represents an annual yield of approximately 3.66% for shareholders.
Virginia National Bankshares (VABK) reported Q4 2024 net income of $4.6 million ($0.85 per diluted share), up from $3.2 million ($0.59 per diluted share) in Q4 2023. However, full-year 2024 net income decreased to $17.0 million ($3.15 per diluted share) from $19.3 million ($3.58 per diluted share) in 2023.
The company achieved significant loan growth of 13.1% year-over-year, with gross loans reaching $1.2 billion. Key performance metrics improved in Q4 2024 compared to Q4 2023, including return on average assets (1.12% from 0.79%), net interest margin (3.21% from 2.89%), and efficiency ratio (60.2% from 64.0%). Credit quality remained strong with nonperforming assets at 0.19% of total assets.
The bank successfully reduced borrowing costs and overall cost of funds, while maintaining strong capital and liquidity positions. Total deposits increased by $43.6 million (3.2%) quarter-over-quarter and $14.4 million (1.0%) year-over-year.
Virginia National Bankshares (NASDAQ: VABK) has declared a quarterly cash dividend of $0.33 per share, to be paid on December 20, 2024, to shareholders of record as of December 6, 2024. Based on the company's closing stock price on October 24, 2024, this dividend represents an approximate annual yield of 3.25% to shareholders.
Virginia National Bankshares (NASDAQ: VABK) reported Q3 2024 net income of $4.6 million, or $0.85 per diluted share, compared to $4.7 million, or $0.86 per diluted share, in Q3 2023. Year-to-date net income for 2024 was $12.4 million, down from $16.1 million in 2023, primarily due to increased cost of funds.
Key highlights include:
- Loan growth of 11% in 2024 and 19% year-over-year
- Net interest margin improved to 3.24% from 3.04% in Q2 2024
- Efficiency ratio improved to 58.6% from 62.7% in Q2 2024
- Gross loans outstanding totaled $1.2 billion as of September 30, 2024
- Nonperforming assets as a percentage of total assets was 0.33%
- Book value per share increased to $30.89 from $25.29 year-over-year
The company continues to focus on reducing overhead costs and maintaining strong credit quality metrics.