American National Bankshares (AMNB) Stock Price, News & Analysis

Company Overview

As of April 1, 2024, American National Bankshares Inc. was acquired by Atlantic Union Bankshares Corporation. American National Bankshares Inc. operates as the bank holding company for American National Bank and Trust Company that engages in the provision of financial products and services. The company operates through two segments: Community Banking and Wealth Management. It accepts deposit products, including checking, money market, savings, and consumer and commercial time deposits. The company's loan products comprise commercial and residential real estate loans, commercial loans to small and medium-sized businesses, construction and land development loans, and home equity loans, as well as mortgage and consumer loans; and provides online and telephone banking, automated teller machine, and insurance services. It also offers wealth management services, including estate planning, trust account administration, and retail brokerage services; and investment management services, such as purchasing equity, fixed income, and mutual fund investments for customer accounts. The company was founded in 1909 and is based in Danville, Virginia.

Key Stats

• Today's Range: $47.76 to $47.76
• 50-Day Range: $44.13 to $47.92
• 52-Week Range: $25.26 to $50.76
• Volume: N/A
• Average Volume: 20,457 shs
• Market Capitalization: $507.69 million
• P/E Ratio: 19.49
• Dividend Yield: 2.51%
• Price Target: N/A
• Consensus Rating: N/A

AMNB Stock Analysis - Frequently Asked Questions

How were American National Bankshares' earnings last quarter?

American National Bankshares Inc. (NASDAQ:AMNB) released its quarterly earnings data on Tuesday, January, 23rd. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by $0.31. The financial services provider earned $36.27 million during the quarter. American National Bankshares had a net margin of 18.88% and a trailing twelve-month return on equity of 7.88%.

What other stocks do shareholders of American National Bankshares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that American National Bankshares investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Broadcom (AVGO), JPMorgan Chase & Co. (JPM) and Tesla (TSLA).

Company Calendar

• Last Earnings: 1/23/2024
• Today: 11/14/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Financial Services
• Industry: Banks - Regional
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:AMNB
• CUSIP: 02774510
• CIK: 741516
• Web: www.amnb.com
• Phone: (434) 792-5111
• Fax: 434-792-2392
• Employees: 334
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $2.45
• Trailing P/E Ratio: 19.49
• Forward P/E Ratio: 18.37
• P/E Growth: N/A
• Net Income: $26.16 million
• Net Margins: 18.88%
• Pretax Margin: 24.81%
• Return on Equity: 7.88%
• Return on Assets: 0.85%

Debt

• Debt-to-Equity Ratio: 0.08
• Current Ratio: 0.86
• Quick Ratio: 0.86

Sales & Book Value

• Annual Sales: $138.57 million
• Price / Sales: 3.66
• Cash Flow: $2.68 per share
• Price / Cash Flow: 17.83
• Book Value: $32.29 per share
• Price / Book: 1.48

Miscellaneous

• Outstanding Shares: 10,630,000
• Free Float: 10,178,000
• Market Cap: $507.69 million
• Optionable: Optionable
• Beta: 0.91