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American National Bankshares (American National Bankshares) Gross-Profit-to-Asset % : 3.16% (As of Dec. 2023)


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What is American National Bankshares Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. American National Bankshares's annualized Gross Profit for the quarter that ended in Dec. 2023 was $97.7 Mil. American National Bankshares's average Total Assets over the quarter that ended in Dec. 2023 was $3,091.0 Mil. Therefore, American National Bankshares's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 3.16%.


American National Bankshares Gross-Profit-to-Asset % Historical Data

The historical data trend for American National Bankshares's Gross-Profit-to-Asset % 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.

* Premium members only.

American National Bankshares Gross-Profit-to-Asset % Chart

American National Bankshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.27 3.65 3.52 3.41 3.35

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
Gross-Profit-to-Asset % 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 3.67 3.61 3.30 3.28 3.16

Competitive Comparison of American National Bankshares's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, American National Bankshares's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, American National Bankshares's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where American National Bankshares's Gross-Profit-to-Asset % falls into.



American National Bankshares Gross-Profit-to-Asset % Calculation

American National Bankshares's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=103.073/( (3065.902+3090.717)/ 2 )
=103.073/3078.3095
=3.35 %

American National Bankshares's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=97.7/( (3091.258+3090.717)/ 2 )
=97.7/3090.9875
=3.16 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


American National Bankshares Gross-Profit-to-Asset % 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