Virginia National Bankshares Corp

Finance
Major Banks
www.vnbcorp.com

Earnings Score
Safety Score

Market Cap $225.01M
PE 14
Debt $52.50M
Cash $10.19M
EV $267.32M
FCF $14.29M

Earnings

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Sales & Net Margins

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Earnings	$15.57M
EBIT	$18.85M
ROE	9%
ROA	1%
FCF	$14.29M
Equity	$165.91M
Growth Stability	97%
PE	14.45
PEG	0.43
PB	1.36
P/FCF	15.75
Price/Cash	0.05
Debt/Equity	0.32
Debt/FCF	3.67
Earnings CAGR	20%
FCF CAGR	15%
Equity CAGR	13%
Earnings Stability	0.75
Earnings Growth YoY	-1%

Earnings Growth QoQ	11%
Earnings CAGR 5Y	34%
FCF CAGR 5Y	15%
Equity CAGR 5Y	17%
FCF CAGR 3Y	-11%
Equity CAGR 3Y	4%
Market Cap	$225.01M
Assets	$1.61B
Total Debt	$52.50M
Cash	$10.19M
Shares Outstanding	5.37M
EV	267.32M
Earnings Score	92%
Safety Score	90%
Shares Growth 3y	2%
Equity Growth QoQ	8%
Equity Growth YoY	22%

Assets & ROA

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Stockholders Equity & ROE

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Virginia National Bankshares Corp is a bank holding company which is engaged in the commercial and retail banking business. The bank offers a range of banking and related financial services, including checking accounts, negotiable order of withdrawal accounts, money market deposit accounts, certificates of deposit, individual retirement accounts and other depository services. Its segments include the Bank, VNB Trust and Estate Services, Sturman Wealth Advisors, and Masonry Capital. The Bank's commercial banking activities involve making loans, taking deposits and offering related services to individuals, businesses and charitable organizations.

SEC Filings

Direct access to Virginia National Bankshares Corp (VABK) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does Virginia National Bankshares Corp compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of Virginia National Bankshares Corp compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 20%

Stability 75%

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Virginia National Bankshares Corp Discounted Cash Flow

Fully customizable DCF calculator online for Virginia National Bankshares Corp.

Years

Calculation mode

= $400M

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$14M	$16M	$19M	$22M	$25M	$28M	$33M	$37M	$43M	$49M	$57M	$567M
DCF		$15M	$16M	$16M	$17M	$18M	$18M	$19M	$20M	$21M	$22M	$218M
Value	$400M

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Net Margins	-	-	-	-	-	-	-	-	-	-	-
ROA	-	1%	2%	2%	2%	2%	2%	1%	2%	1%	1%
ROE	-	6%	10%	10%	12%	9%	10%	6%	18%	13%	9%

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Debt over FCF	-	-	-	-	-	-	3.31	-	-	5.49	3.67
Debt over Equity	-	-	-	-	-	-	0.36	-	-	0.46	0.32
Growth Stability	-	-	-	100%	100%	97%	100%	100%	100%	100%	97%

Neutral Debt/FCF ratio (3.67)

Net Margins are at a level that is not too high nor too low. They are not a competitive advantage but they are not a competitive disadvantage either.

Good Debt/Equity ratio (0.32)

The company is not overleveraged and has a good balance between equity and debt.

Good Graham’s Stability (97%)

The company has a good stability in its earnings, which is a sign of a good competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	CAGR 5Y
Revenue YoY growth	-	-	-	-	-	-	-	-	-	-	-
Earnings YoY growth	-	64%	84%	14%	29%	-21%	19%	26%	133%	-18%	34%
Equity YoY growth	-	-7%	5%	10%	9%	8%	9%	96%	-18%	15%	17%
FCF YoY growth	-	-25%	-9%	77%	31%	-16%	-1%	30%	88%	-42%	15%