NATIONAL BANKSHARES INC (NKSH) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	73.6M	85.3M	79.1M	68.2M	62.5M
Cost of Revenue	25.5M	29.7M	35.0M	20.3M	3.8M
Gross Profit	48.0M	55.6M	44.1M	47.9M	58.7M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	27.3M	23.9M	20.0M	18.1M	17.0M
General & Admin Expense	27.3M	23.9M	20.0M	18.1M	17.0M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	6.7M	12.5M	15.0M	11.2M	10.0M
Total Operating Expenses	34.0M	36.4M	35.0M	29.2M	27.0M
Cost and Expenses	59.6M	66.1M	70.0M	49.5M	30.7M
Operating Income (EBIT)	14.0M	19.2M	9.1M	18.7M	31.8M
Non-Operating
Interest Income	39.9M	75.3M	70.1M	58.8M	50.1M
Interest Expense	26.1M	29.8M	33.7M	21.6M	3.1M
Net Interest Income	13.8M	45.6M	36.4M	37.3M	47.0M
Other Non-Op Income/Expense	12.1M	—	—	—	—
Non-Operating Income (excl Interest)	(6.4M)	—	—	—	—
EBT (Pre-Tax Income)	26.1M	19.2M	9.1M	18.7M	31.8M
Income Tax Expense	4.8M	3.3M	1.5M	3.0M	5.8M
Bottom Line
Net Income	21.4M	15.8M	7.6M	15.7M	25.9M
Earnings from Cont. Ops	21.4M	15.8M	7.6M	15.7M	25.9M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	21.4M	15.8M	7.6M	15.7M	25.9M
Per Share
Basic EPS	$3.35	$2.49	$1.24	$2.66	$4.33
Diluted EPS	$3.35	$2.49	$1.24	$2.66	$4.33
Revenue Per Share	$11.56	$13.41	$12.84	$11.58	$10.44
Shares
Basic Shares Outstanding	6.4M	6.4M	6.2M	5.9M	6.0M
Diluted Shares Outstanding	6.4M	6.4M	6.2M	5.9M	6.0M
Profitability Metrics
EBITDA	21.7M	20.6M	10.3M	19.4M	32.4M
D&A	1.2M	1.5M	1.1M	754.0K	609.0K
EBIT	20.5M	19.2M	9.1M	18.7M	31.8M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026