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National Bankshares Inc. (NKSH) Stock Fundamental Analysis & AI Rating 2026

NKSH Nasdaq National Commercial Banks VA CIK: 0000796534
Recently Updated • Analysis: Apr 13, 2026 • SEC Data: 2025-12-31
📅 Next earnings: Apr 23, 2026 (in 7 days) • TBD ET • EPS est. $0.65 (vs $0.48 prior year) • All earnings →
Combined AI Rating
SELL
48% Confidence
AGREEMENT
SELL
35% Conf
HOLD
60% Conf

📊 NKSH Key Takeaways

Revenue: $8.2M
Net Margin: 193.6%
Free Cash Flow: $15.2M
Current Ratio: N/A
Debt/Equity: 0.00x
EPS: $2.49
AI Rating: SELL with 35% confidence
National Bankshares Inc. (NKSH) receives a SELL rating with 48% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $8.2M, net profit margin of 193.6%, and return on equity (ROE) of 8.6%, National Bankshares Inc. demonstrates mixed fundamentals in the Finance sector. Below is our complete NKSH stock analysis for 2026.

Is National Bankshares Inc. (NKSH) a Good Investment?

Claude

While the bank maintains a solid balance sheet with minimal leverage and positive cash flow generation, the dramatic 89% revenue decline and highly suspect financial data quality (operating income exceeding reported revenue) prevent reliable fundamental analysis. The reported metrics contain structural inconsistencies typical of incomplete banking data reporting, making confident assessment of true financial health impossible.

ChatGPT

Fundamentals show a conservatively run community bank with adequate capital, steady profitability (ROA ~0.9%, ROE ~8.6%), and solid cash generation. However, reported revenue volatility and flat net income suggest limited growth momentum amid likely net interest margin pressure. Without clear catalysts for sustainable earnings growth, a neutral stance is warranted.

Why Buy National Bankshares Inc. Stock? NKSH Key Strengths

Claude
  • + Zero debt burden with strong balance sheet (0.0x Debt/Equity ratio)
  • + Positive and stable operating cash flow of $17.9M with solid free cash flow generation
  • + Profitable operations with $15.8M net income despite adverse operating environment
ChatGPT
  • + Consistent profitability with solid cash conversion (positive FCF)
  • + Conservative balance sheet with no long-term debt and ~10% equity/assets
  • + Stable bank-like returns (ROA ~0.9%, ROE ~8.6%)

NKSH Stock Risks: National Bankshares Inc. Investment Risks

Claude
  • ! Catastrophic 89% year-over-year revenue decline indicates severe net interest margin compression or loss of major revenue sources
  • ! Critical data quality issues: reported operating income ($19.2M) exceeds stated revenue ($8.2M), suggesting incomplete or misreported financial disclosure
  • ! Potential asset quality deterioration or earnings pressured by elevated loan loss provisions not fully reflected in disclosed metrics
ChatGPT
  • ! Severe reported revenue decline indicates NIM compression or data anomalies
  • ! Rising deposit costs and funding competition may pressure margins
  • ! Potential credit normalization could raise provisions and dampen earnings

Key Metrics to Watch

Claude
  • * Net Interest Margin (NIM) trend and stability in core banking revenues
  • * Asset quality metrics (NPL ratio, loan loss provisions, charge-offs) to assess credit risk
  • * Capital adequacy ratios and regulatory compliance status given leverage constraints
ChatGPT
  • * Net interest margin (NIM)
  • * Nonperforming assets (NPA) ratio

National Bankshares Inc. (NKSH) Financial Metrics & Key Ratios

Revenue
$8.2M
Net Income
$15.8M
EPS (Diluted)
$2.49
Free Cash Flow
$15.2M
Total Assets
$1.8B
Cash Position
$59.3M

💡 AI Analyst Insight

The 185.3% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

NKSH Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 234.4%
Net Margin 193.6%
ROE 8.6%
ROA 0.9%
FCF Margin 185.3%

NKSH vs Finance Sector: How National Bankshares Inc. Compares

How National Bankshares Inc. compares to Finance sector averages

Net Margin
NKSH 193.6%
vs
Sector Avg 25.0%
NKSH Sector
ROE
NKSH 8.6%
vs
Sector Avg 12.0%
NKSH Sector
Current Ratio
NKSH 0.0x
vs
Sector Avg 1.2x
NKSH Sector
Debt/Equity
NKSH 0.0x
vs
Sector Avg 2.0x
NKSH Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is National Bankshares Inc. Stock Overvalued? NKSH Valuation Analysis 2026

Based on fundamental analysis, National Bankshares Inc. appears fundamentally strong relative to the Finance sector in 2026.

Return on Equity
8.6%
Sector avg: 12%
Net Profit Margin
193.6%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

National Bankshares Inc. Balance Sheet: NKSH Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.00x
Debt/Assets
89.9%
Interest Coverage
2.46x
Long-term Debt
N/A

NKSH Revenue & Earnings Growth: 5-Year Financial Trend

NKSH 5-year financial data: Year 2021: Revenue $6.7M, Net Income $16.1M, EPS N/A. Year 2022: Revenue $7.0M, Net Income $20.4M, EPS N/A. Year 2023: Revenue $7.1M, Net Income $25.9M, EPS $4.33. Year 2024: Revenue $7.5M, Net Income $15.7M, EPS $2.66. Year 2025: Revenue $8.2M, Net Income $7.6M, EPS $1.24.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: National Bankshares Inc.'s revenue has grown significantly by 23% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.24 reflects profitable operations.

NKSH Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
185.3%
Free cash flow / Revenue

NKSH Quarterly Earnings & Performance

Quarterly financial performance data for National Bankshares Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $1.9M $2.7M $0.42
Q2 2025 $1.8M -$307.0K $-0.05
Q1 2025 $1.9M $2.2M $0.37
Q3 2024 $1.8M $2.7M $0.42
Q2 2024 $1.7M -$306.0K $-0.05
Q1 2024 $1.8M $2.2M $0.37
Q3 2023 $1.8M $3.1M $0.52
Q2 2023 $1.7M $3.9M $0.66

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

National Bankshares Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$17.9M
Cash generated from operations
Capital Expenditures
$2.7M
Investment in assets
Dividends Paid
$9.6M
Returned to shareholders

NKSH SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for National Bankshares Inc. (CIK: 0000796534)

📋 Recent SEC Filings

Date Form Document Action
Apr 14, 2026 8-K nksh-20260414.htm View →
Apr 9, 2026 8-K nksh-20260409.htm View →
Mar 31, 2026 DEF 14A nksh-20260330.htm View →
Mar 27, 2026 10-K nksh-20251231.htm View →
Mar 25, 2026 8-K nksh-20260325.htm View →

Frequently Asked Questions about NKSH

What is the AI rating for NKSH?

National Bankshares Inc. (NKSH) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 48% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are NKSH's key strengths?

Claude: Zero debt burden with strong balance sheet (0.0x Debt/Equity ratio). Positive and stable operating cash flow of $17.9M with solid free cash flow generation. ChatGPT: Consistent profitability with solid cash conversion (positive FCF). Conservative balance sheet with no long-term debt and ~10% equity/assets.

What are the risks of investing in NKSH?

Claude: Catastrophic 89% year-over-year revenue decline indicates severe net interest margin compression or loss of major revenue sources. Critical data quality issues: reported operating income ($19.2M) exceeds stated revenue ($8.2M), suggesting incomplete or misreported financial disclosure. ChatGPT: Severe reported revenue decline indicates NIM compression or data anomalies. Rising deposit costs and funding competition may pressure margins.

What is NKSH's revenue and growth?

National Bankshares Inc. reported revenue of $8.2M.

Does NKSH pay dividends?

National Bankshares Inc. pays dividends, with $9.6M distributed to shareholders in the trailing twelve months.

Where can I find NKSH SEC filings?

Official SEC filings for National Bankshares Inc. (CIK: 0000796534) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is NKSH's EPS?

National Bankshares Inc. has a diluted EPS of $2.49.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is NKSH a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, National Bankshares Inc. has a SELL rating with 48% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is NKSH stock overvalued or undervalued?

Valuation metrics for NKSH: ROE of 8.6% (sector avg: 12%), net margin of 193.6% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

Should I buy NKSH stock in 2026?

Our dual AI analysis gives National Bankshares Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is NKSH's free cash flow?

National Bankshares Inc.'s operating cash flow is $17.9M, with capital expenditures of $2.7M. FCF margin is 185.3%.

How does NKSH compare to other Finance stocks?

Vs Finance sector averages: Net margin 193.6% (avg: 25%), ROE 8.6% (avg: 12%), current ratio N/A (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 13, 2026 | Data as of: 2025-12-31 | Powered by Claude AI