VABK Virginia National Bankshares Corp

Overview and Growth

In fiscal 2025, Virginia National Bankshares Corp reported net income of $19.26M. On a per-share basis, diluted EPS was $3.55, which connects the reported earnings outcome with the company’s diluted share count. Diluted EPS increased by 12.7% from $3.15 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis. A diluted share base of 5.42M links the aggregate earnings figure to diluted EPS and helps frame the per-share comparison. The diluted share count was 0.5% higher than fiscal 2024, when diluted shares averaged 5.39M, adding context to the EPS comparison. Total assets stood at $1.65B, defining the scale of the bank’s financial balance sheet and providing the base for evaluating earnings returns, capitalization, liquidity, and its shareholder-capital buffer.

Profitability

The bank reported net income of $19.26M after all recognized revenue, expense, and tax items. Before income taxes, the company reported $24.08M of earnings, providing a bridge between the operating result and final net income. The company recognized $4.82M of income tax for the period, completing the transition from pretax income to net income. Relative to pretax income, the tax provision measured 20.0%, quantifying the portion of pre-tax earnings paid in income tax. The relationship between net income and period-end equity was 10.5%, indicating the profitability achieved on book capital. Net income represented 1.2% of period-end assets, placing the company’s bottom-line result against the total resource base employed. Current net income of $19.26M was above fiscal 2024 net income of $16.97M, showing the direction of the bottom-line change. For a banking business, profitability is best read through net income together with returns on the asset base and shareholder capital. Return on assets connects earnings to the full financial balance sheet, while return on equity shows the result relative to shareholder capital; together they separate operating scale from capitalization and clarify the relationship between them.

Liquidity and Capital Structure

The company held $1.65B of assets against $1.47B of liabilities and $184.16M of equity, revealing how the asset base was financed. Book equity represented 11.2% of total assets, quantifying the balance-sheet share supported by shareholder capital. Relative to total assets, liabilities measured 88.8%, complementing the separate equity-based view of the company’s capital structure. Total assets were 2.0% higher than fiscal 2024 assets of $1.62B, measuring the company’s own balance-sheet change. Book equity was 14.9% higher than fiscal 2024 equity of $160.30M, showing how shareholder capital changed year over year. For a bank, the equity-to-assets relationship shows the shareholder-capital buffer supporting a balance sheet funded primarily through liabilities. Reading changes in assets and equity together shows how the bank’s operating scale and book-capital base developed over the year.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.