National Historical Income Statement
| NKSH Stock | USD 32.04 1.32 4.30% |
Historical analysis of National Bankshares income statement accounts such as Total Revenue of 40.7 M can show how well National Bankshares performed in making a profits. Evaluating National Bankshares income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of National Bankshares's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining National Bankshares latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether National Bankshares is a good buy for the upcoming year.
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About National Income Statement Analysis
National Bankshares Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to National Bankshares shareholders. The income statement also shows National investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
National Bankshares Income Statement Chart
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Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Revenue
Total revenue comprises all receipts National Bankshares generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of National Bankshares minus its cost of goods sold. It is profit before National Bankshares operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of National Bankshares. It is also known as National Bankshares overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from National Bankshares' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into National Bankshares current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in National Stock please use our How to Invest in National Bankshares guide.As of now, National Bankshares' Operating Income is increasing as compared to previous years. The National Bankshares' current EBIT is estimated to increase to about 29.9 M, while Selling General Administrative is projected to decrease to under 5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.1M | 3.1M | 21.6M | 22.6M | Depreciation And Amortization | 636K | 609K | 754K | 987.0K |
National Bankshares income statement Correlations
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National Bankshares Account Relationship Matchups
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National Bankshares income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 739K | 708K | 636K | 609K | 754K | 987.0K | |
| Interest Expense | 7.4M | 5.8M | 3.1M | 3.1M | 21.6M | 22.6M | |
| Selling General Administrative | 15.5M | 14.8M | 16.2M | 17.0M | 5.3M | 5.0M | |
| Total Revenue | 46.6M | 46.1M | 50.3M | 59.4M | 46.6M | 40.7M | |
| Gross Profit | 42.7M | 42.3M | 46.8M | 56.4M | 41.7M | 38.3M | |
| Other Operating Expenses | 25.9M | 27.0M | 25.7M | 3.0M | 49.5M | 52.0M | |
| Operating Income | 20.7M | 19.2M | 24.6M | 34.8M | 18.7M | 30.0M | |
| Ebit | 20.7M | 19.2M | 24.6M | 31.8M | 18.7M | 29.9M | |
| Ebitda | 21.4M | 19.9M | 25.3M | 32.4M | 19.4M | 22.7M | |
| Total Operating Expenses | (25.9M) | (27.0M) | (25.7M) | (21.5M) | 46.6M | 49.0M | |
| Income Before Tax | 20.7M | 19.2M | 24.6M | 31.8M | 18.7M | 18.7M | |
| Total Other Income Expense Net | 20.7M | (5.4M) | (5.5M) | (4.3M) | 320K | 336K | |
| Net Income | 17.5M | 16.1M | 20.4M | 25.9M | 15.7M | 14.6M | |
| Income Tax Expense | 3.2M | 3.1M | 4.3M | 5.8M | 3.0M | 4.1M | |
| Cost Of Revenue | 3.9M | 3.8M | 3.6M | 3.0M | 4.9M | 6.2M | |
| Net Income Applicable To Common Shares | 17.5M | 16.1M | 20.4M | 25.9M | 29.8M | 16.3M | |
| Net Income From Continuing Ops | 17.5M | 16.1M | 20.4M | 25.9M | 20.8M | 20.0M | |
| Tax Provision | 3.2M | 3.1M | 4.3M | 5.8M | 4.3M | 4.7M | |
| Net Interest Income | 37.8M | 38.2M | 41.9M | 47.0M | 41.8M | 43.7M | |
| Interest Income | 45.1M | 44.0M | 45.0M | 50.1M | 57.3M | 50.1M | |
| Reconciled Depreciation | 739K | 708K | 636K | 609K | 704K | 581.1K |
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When determining whether National Bankshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Bankshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of National Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Bankshares Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in National Stock please use our How to Invest in National Bankshares guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Bankshares. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Bankshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.19) | Dividend Share 1.51 | Earnings Share 1.46 | Revenue Per Share 7.192 | Quarterly Revenue Growth 0.051 |
The market value of National Bankshares is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Bankshares' value that differs from its market value or its book value, called intrinsic value, which is National Bankshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Bankshares' market value can be influenced by many factors that don't directly affect National Bankshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between National Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if National Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Bankshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.