Virginia National Bankshares Third Quarter 2024 Earnings: EPS: US$0.86 (vs US$0.87 in 3Q 2023)

Simply Wall St · 10/18 11:20

Virginia National Bankshares (NASDAQ:VABK) Third Quarter 2024 Results

Key Financial Results

  • Revenue: US$13.6m (up 3.7% from 3Q 2023).
  • Net income: US$4.60m (down 1.1% from 3Q 2023).
  • Profit margin: 34% (down from 36% in 3Q 2023). The decrease in margin was driven by higher expenses.
  • EPS: US$0.86 (down from US$0.87 in 3Q 2023).
earnings-and-revenue-history
NasdaqCM:VABK Earnings and Revenue History October 18th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Virginia National Bankshares shares are up 8.8% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Virginia National Bankshares' balance sheet and an in-depth analysis of the company's financial position.