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Virginia National Bankshares (Virginia National Bankshares) Net Margin % : 24.58% (As of Dec. 2023)


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What is Virginia National Bankshares Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Virginia National Bankshares's Net Income for the three months ended in Dec. 2023 was $3.17 Mil. Virginia National Bankshares's Revenue for the three months ended in Dec. 2023 was $12.89 Mil. Therefore, Virginia National Bankshares's net margin for the quarter that ended in Dec. 2023 was 24.58%.

The historical rank and industry rank for Virginia National Bankshares's Net Margin % or its related term are showing as below:

VABK' s Net Margin % Range Over the Past 10 Years
Min: 9.63   Med: 24.52   Max: 35.08
Current: 31.06


VABK's Net Margin % is ranked better than
67.08% of 1458 companies
in the Banks industry
Industry Median: 25.33 vs VABK: 31.06

Virginia National Bankshares Net Margin % Historical Data

The historical data trend for Virginia National Bankshares's Net Margin % 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.

Virginia National Bankshares Net Margin % Chart

Virginia National Bankshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.52 26.21 18.16 35.08 33.17

Virginia National Bankshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % 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 37.02 35.88 33.85 24.58 28.63

Competitive Comparison of Virginia National Bankshares's Net Margin %

For the Banks - Regional subindustry, Virginia National Bankshares's Net Margin %, along with its competitors' market caps and Net Margin % 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.


Virginia National Bankshares's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Virginia National Bankshares's Net Margin % distribution charts can be found below:

* The bar in red indicates where Virginia National Bankshares's Net Margin % falls into.



Virginia National Bankshares Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Virginia National Bankshares's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=19.263/58.07
=33.17 %

Virginia National Bankshares's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=3.168/12.889
=24.58 %

* 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.


Virginia National Bankshares  (NAS:VABK) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Virginia National Bankshares Net Margin % Related Terms

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Virginia National Bankshares (Virginia National Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
404 People Place, Charlottesville, VA, USA, 22911
Virginia National Bankshares Corp is a bank holding company which is engaged in the commercial and retail banking business. The bank offers a range of banking and related financial services, including checking accounts, negotiable order of withdrawal accounts, money market deposit accounts, certificates of deposit, individual retirement accounts and other depository services. Its segments include the Bank, VNB Trust and Estate Services, Sturman Wealth Advisors, and Masonry Capital. The Bank's commercial banking activities involve making loans, taking deposits and offering related services to individuals, businesses and charitable organizations.
Executives
Adams John Buchanan Jr director 10 COURTHOUSE SQUARE, WARRENTON VA 20188
Kevin T Carter director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Glenn W Rust director, officer: President and CEO C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Jay B Keyser director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Randolph D Frostick director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Dittmar William D Jr. director C/O ENTERPRISE PROPERTIES, 401 EAST MARKET STREET, CHARLOTTESVILLE VA 22902
Virginia R Bayes officer: Chief Credit Officer & EVP C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Linda M Houston director C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
James T Holland director C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Donna G Shewmake officer: GC, EVP & Secretary C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Gregory L Wells director C/O ACAC FITNESS & WELLNESS CENTERS, 455 SECOND STREET, SUITE 301, CHARLOTTESVILLE VA 22902
Strange Sterling T Iii director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Marc J Bogan director, officer: President and CEO 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Tara Y Harrison officer: Chief Financial Officer & EVP 404 PEOPLE PLACE, CHARLOTTSVILLE VA 22911
Susan K Payne director C/O PAYNE ROSS & ASSOCIATES, 206 EAST JEFFERSON STREET, CHARLOTTESVILLE VA 22902

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