National Bankshares reports Q1 2026 earnings of $4.98M, up 50% year-over-year

Filed May 18, 2026 · Period ending May 18, 2026 · ~1 min read

Key Changes

• high

  Q1 2026 net income reached $4.98M ($0.78/share), up over 50% from Q1 2025, driven by improved net interest margin from lower deposit costs and higher securities yields.

  Exhibit 99.1 verify on EDGAR →
• high

  Net interest margin expanded 79 basis points since 2024 as deposit costs declined after peaking in Q3 2024 and asset yields increased through loan repricing and securities portfolio optimization.

  Exhibit 99.1 verify on EDGAR →
• medium

  Core systems conversion completed, resulting in improved interchange fee income terms for credit and debit cards, though the company incurred $2.1M in pre-tax conversion expenses in 2025.

  Exhibit 99.1 verify on EDGAR →