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NKSH (National Bankshares) Tax Rate % : 16.49% (As of Dec. 2024)


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What is National Bankshares Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. National Bankshares's Tax Expense for the three months ended in Dec. 2024 was $0.61 Mil. National Bankshares's Pre-Tax Income for the three months ended in Dec. 2024 was $3.69 Mil. Therefore, National Bankshares's Tax Rate % for the quarter that ended in Dec. 2024 was 16.49%.


National Bankshares Tax Rate % Historical Data

The historical data trend for National Bankshares's Tax Rate % 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.

National Bankshares Tax Rate % Chart

National Bankshares Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.06 17.26 18.36 15.98 16.43

National Bankshares Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % 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 17.36 19.24 36.65 17.05 16.49

National Bankshares Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

National Bankshares's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=1.499/9.122
=16.43 %

National Bankshares's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=0.608/3.687
=16.49 %

* 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.


National Bankshares Tax Rate % Related Terms

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National Bankshares Business Description

Traded in Other Exchanges
Address
101 Hubbard Street, Blacksburg, VA, USA, 24062-9002
National Bankshares Inc is a bank holding company. It focuses on lending to small and mid-sized businesses and individuals. The types of loans it offers include commercial and agricultural, commercial real estate, construction for commercial and residential properties, residential real estate, home equity, and various consumer loan products. It also operates an insurance and brokerage subsidiary, National Bankshares Financial Services, Inc. The company earns its revenues from interest and fees on loans, non-interest income, and investments.
Executives
Green Charles E Iii director 15519 LOOKOUT RIDGE, BRISTOL VA 24202
Lawrence J Ball director 1811 MOUNTAINSIDE DRIVE, BLACKSBURG VA 24060
Mary G Miller director 715 RICHARDS WAY, WIRTZ VA 24184
John Elliott Dooley director 2131 PLANK DRIVE, BLACKSBURG VA 24060
F Brad Denardo officer: Corporate Officer 124 MATEER CIRCLE, BLACKSBURG VA 24060
Michael E Dye director PO BOX 346, BLUEFIELD VA 24605
Fitzwater Norman V Iii director 113 MATEER CIRCLE, BLACKSBURG VA 24060
Sanders Bobby D. Ii officer: SVP/Chief Credit Officer 1735 TURNBERRY LANE, RINER VA 24149
Lara E Ramsey other: Corporate Secretary 7479 BLUFF VIEW DRIVE, RADFORD VA 24141
Mildred R Johnson director 914 WILLARD DRIVE, BLACKSBURG VA 24060
Lora M. Jones officer: SVP/Chief Financial Officer 301 NEIL STREET, BLACKSBURG VA 24060
Glenn P Reynolds director 206 MATEER CIRCLE, BLACKSBURG VA 24060
Rebecca M Melton officer: SVP/Chief Credit Officer 260 REVOLUTION CIRCLE, CHRISTIANSBURG VA 24073
Jack M Lewis director 3696 CONSERVATION TRAIL, THE VILLAGES FL 32163
James Carroll Thompson director PO BOX 298, TAZEWLL VA 24651