VIRGINIA NATIONAL BANKSHARES CORP
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $57.6M | $54.0M | $58.1M | $67.2M | $55.5M | $30.4M | $27.5M | $28.4M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $24.1M | $20.9M | $44.3M | $31.7M | $15.2M | $13.4M | $12.5M | $13.3M |
| Operating Margin | 41.8% | 38.7% | 76.3% | 47.2% | 27.4% | 44.0% | 45.5% | 46.9% |
| Interest Expense | — | — | $21.0M | $3.2M | $3.3M | $3.4M | $4.3M | $2.8M |
| Pretax Income | $24.1M | $20.9M | $23.3M | $28.5M | $11.9M | $10.0M | $8.2M | $10.5M |
| Income Tax Expense | $4.8M | $3.9M | $4.0M | $5.1M | $1.8M | $2.1M | $1.5M | $2.1M |
| Net Income | $19.3M | $17.0M | $19.3M | $23.4M | $10.1M | $8.0M | $6.7M | $8.5M |
| Net Margin | 33.4% | 31.4% | 33.2% | 34.9% | 18.2% | 26.2% | 24.3% | 29.8% |
| EPS (Basic) | $3.57 | $3.16 | $3.60 | $4.40 | $2.16 | $2.95 | $2.49 | $3.18 |
| EPS (Diluted) | $3.55 | $3.15 | $3.58 | $4.38 | $2.14 | $2.95 | $2.49 | $3.15 |
| Shares Outstanding (Basic) | 5.4M | 5.4M | 5.4M | 5.3M | 4.7M | 2.7M | 2.7M | 2.7M |
| Shares Outstanding (Diluted) | 5.4M | 5.4M | 5.4M | 5.4M | 4.7M | 2.7M | 2.7M | 2.7M |
| Dividends Per Share | $1.41 | $1.32 | $1.32 | $1.20 | $1.20 | $1.20 | $1.20 | $1.09 |