Overview

* National Bankshares ( NKSH ) Q3 net income rises to $4.42 mln from $2.68 mln in 2024

* Company's net interest margin improved due to lower deposit costs, higher loan yields

* Noninterest income boosted by trust income growth, credit and debit card fees

Outlook

* Company did not provide specific guidance for future quarters or full year in the press release

Result Drivers

* NET INTEREST MARGIN - Improvement driven by higher loan yields and lower deposit costs

* TECHNOLOGY AND NETWORK EXPANSION - New technology and expanded branch network improved customer experience and efficiency

* NONINTEREST INCOME - Growth in trust income and credit card fee incentives boosted noninterest income

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Net $4.42

Income mln

Analyst Coverage

* The one available analyst rating on the shares is "strong buy"

* The average consensus recommendation for the banks peer group is "buy."

* Wall Street's median 12-month price target for National Bankshares Inc ( NKSH ) is $34.50, about 15.7% above its October 21 closing price of $29.09

* The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)