Virginia National Bankshares Q2 net income doubles to $9.0M on $4.7M Bearing sale gain

Filed July 23, 2026 · Period ending July 22, 2026 · ~1 min read

Key Changes

• high

  Q2 2026 net income of $9.0M ($1.65/share) more than doubled from $4.2M ($0.78/share) in Q2 2025, driven by a $4.7M gain on sale of a limited partnership interest in Bearing Insurance Group and lower funding costs.

  Exhibit 99.1 view on EDGAR →
• high

  Net interest margin expanded to 3.65% from 3.40% year-over-year as cost of funds declined 13 basis points to 1.64%, improving profitability on earning assets.

  Exhibit 99.1 view on EDGAR →
• medium

  Nonperforming assets declined to $5.8M (0.35% of total assets) from $9.2M (0.56%) at year-end 2025, reflecting improved credit quality.

  Exhibit 99.1 view on EDGAR →