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American National Bankshares (American National Bankshares) Tangible Book per Share : $24.06 (As of Dec. 2023)


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What is American National Bankshares Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. American National Bankshares's tangible book value per share for the quarter that ended in Dec. 2023 was $24.06.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


American National Bankshares Tangible Book per Share Historical Data

The historical data trend for American National Bankshares's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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American National Bankshares Tangible Book per Share Chart

American National Bankshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.64 22.47 24.62 21.94 24.06

American National Bankshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.94 22.67 22.61 22.55 24.06

Competitive Comparison of American National Bankshares's Tangible Book per Share

For the Banks - Regional subindustry, American National Bankshares's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American National Bankshares's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, American National Bankshares's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where American National Bankshares's Price-to-Tangible-Book falls into.



American National Bankshares Tangible Book per Share Calculation

American National Bankshares's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(343.168-0-87.346)/10.6334
=24.06

American National Bankshares's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(343.168-0-87.346)/10.6334
=24.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


American National Bankshares  (NAS:AMNB) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


American National Bankshares Tangible Book per Share Related Terms

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American National Bankshares (American National Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
628 Main Street, Danville, VA, USA, 24541
American National Bankshares Inc is a one-bank holding company. The Bank provides a full array of financial products and services, including commercial, mortgage, and consumer banking; trust and investment services; and insurance. Services are also provided through 37 Automated Teller Machines, Online Banking, and Telephone Banking. The company has two reportable segments, community banking and wealth management.
Executives
Rick J Barker director 628 MAIN STREET, DANVILLE VA 24541
Adrian T Smith director 628 MAIN STREET, DANVILLE VA 24541
Jeffrey V Haley director, officer: Executive VP
Farrell William J Ii director 21 KENWICK ROAD, HOCKESSIN DE 19707
Rhonda P Joyce officer: EVP 445 MT CROSS ROAD, DANVILLE VA 24540
Settle John H Jr officer: EVP 628 MAIN STREET, DANVILLE VA 24541
Duggins James Nathan Iii director 445 MT CROSS ROAD, DANVILLE VA 24540
Jeffrey W Farrar officer: EVP 628 MAIN STREET, DANVILLE VA 24541
Alexander Jung officer: EVP 445 MT CROSS ROAD, DANVILLE VA 24540
Cathy W Liles officer: SVP 445 MT CROSS ROAD, DANVILLE VA 24540
Hunter Gregg Strader officer: Executive Vice President 2022 PEMBROKE ROAD, GREENSBORO NC 27408
John H Love director 628 MAIN STREET, DANVILLE VA 24541
Susan King Still director AMERICAN NATIONAL BANKSHARES INC, 628 MAIN STREET, DANVILLE VA 24541
Kenneth S. Bowling director AMERICAN NATIONAL BANKSHARES INC, 628 MAIN STREET, DANVILLE VA 24541
Charles S Harris director 420 WEST MAIN STREET, DANVILLE VA 24541