NATIONAL BANKSHARES, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.2M | $7.4M | $7.1M | $7.0M | $6.7M | $5.7M | $6.2M | $6.3M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $19.2M | $9.1M | $40.2M | $34.8M | $24.6M | $25.0M | $28.1M | $23.8M |
| Operating Margin | 234.4% | 122.5% | 568.8% | 498.2% | 370.3% | 442.0% | 455.9% | 379.2% |
| Interest Expense | — | — | $21.6M | $3.1M | — | $5.8M | $7.4M | $5.0M |
| Pretax Income | $19.2M | $9.1M | $18.7M | $31.8M | $24.6M | $19.2M | $20.7M | $18.7M |
| Income Tax Expense | $3.3M | $1.5M | $3.0M | $5.8M | $4.3M | $3.1M | $3.2M | $2.6M |
| Net Income | $15.8M | $7.6M | $15.7M | $25.9M | $20.4M | $16.1M | $17.5M | $16.2M |
| Net Margin | 193.6% | 102.4% | 221.9% | 370.8% | 306.4% | 284.3% | 283.8% | 257.8% |
| EPS (Basic) | $2.49 | $1.24 | $2.66 | $4.33 | $3.28 | $2.48 | $2.65 | $2.32 |
| EPS (Diluted) | $2.49 | $1.24 | $2.66 | $4.33 | $3.28 | $2.48 | $2.65 | $2.32 |
| Shares Outstanding (Basic) | 6.4M | 6.2M | 5.9M | 6.0M | 6.2M | 6.5M | 6.6M | 7.0M |
| Shares Outstanding (Diluted) | 6.4M | 6.2M | 5.9M | 6.0M | 6.2M | 6.5M | 6.6M | 7.0M |
| Dividends Per Share | $1.51 | $1.51 | $2.51 | $1.50 | $1.44 | $1.39 | $1.39 | $1.21 |