National Bankshares, Inc. (NKSH) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	72.2M	85.3M	79.1M	68.2M	62.5M
Cost of Revenue	26.4M	29.7M	35.0M	20.3M	3.8M
Gross Profit	45.8M	55.6M	44.1M	47.9M	58.7M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	25.2M	23.9M	20.0M	18.1M	17.0M
General & Admin Expense	25.2M	23.9M	20.0M	18.1M	17.0M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	7.9M	12.5M	15.0M	11.2M	10.0M
Total Operating Expenses	33.1M	36.4M	35.0M	29.2M	27.0M
Cost and Expenses	59.6M	66.1M	70.0M	49.5M	30.7M
Operating Income (EBIT)	12.6M	19.2M	9.1M	18.7M	31.8M
Non-Operating
Interest Income	38.6M	75.3M	70.1M	58.8M	50.1M
Interest Expense	27.0M	29.8M	33.7M	21.6M	3.1M
Net Interest Income	11.6M	45.6M	36.4M	37.3M	47.0M
Other Non-Op Income/Expense	12.1M	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	24.7M	19.2M	9.1M	18.7M	31.8M
Income Tax Expense	4.4M	3.3M	1.5M	3.0M	5.8M
Bottom Line
Net Income	20.3M	15.8M	7.6M	15.7M	25.9M
Earnings from Cont. Ops	20.3M	15.8M	7.6M	15.7M	25.9M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	20.3M	15.8M	7.6M	15.7M	25.9M
Per Share
Basic EPS	$3.18	$2.49	$1.24	$2.66	$4.33
Diluted EPS	$3.18	$2.49	$1.24	$2.66	$4.33
Revenue Per Share	$11.34	$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	13.4M	20.6M	10.3M	19.4M	32.4M
D&A	768.0K	1.5M	1.1M	754.0K	609.0K
EBIT	12.6M	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 Jun 1, 2026