News & Events zu Virginia National Bankshares Corp (VABK)VABKVirginia National Bankshares Corp

Q1 Net Interest Margin Improves to 3.40%

Reports Q1 net interest margin improved to 3.40% from 3.28% last year. Tangible book value per share was $32.51 as of March 31, 2026 compared to $28.84 as of March 31, 2025. Tier 1 leverage ratio was 12.70% vs. 12.52% last year. "Our strong performance in the first quarter of 2026 resulted in a 17.2% increase in net income over the first quarter of 2025. We continue to successfully implement financial strategies that enhance our operating efficiency," stated CEO Glenn Rust. "Attention to pricing and continued vigilance toward asset quality augment our performance strategies. With our strong capital and liquidity positions, our lending and retail teams are able to work seamlessly to provide exceptional service to the communities we serve."

Company Reports Q4 Net Interest Margin at 3.50%

Reports Q4 net interest margin 3.50% from 3.43% in the previous quarter and 3.21% last year. Tangible book value per share was $32.21 as of December 31, 2025 vs. $27.70 as of December 31, 2024. "Our strong Q4 performance demonstrates our continued attention to strategic operating efficiency and sustainable growth, with increased net income of $1.4M over the prior quarter," stated CEO Glenn Rust. "Loan growth was modest for the quarter and the year, but our strong asset quality continues to enhance financial results, and our capital and liquidity positions remain strong."