American National Bankshares Inc

Financial Services US AMNB

NoneUSD
-(-%)

Last update at 2024-04-29T17:27:20.119386Z

Day Range

--
LowHigh

52 Week Range

24.6250.76
LowHigh

Fundamentals

  • Previous Close -
  • Market Cap537.30M
  • VolumeNone
  • P/E Ratio17.80
  • Dividend Yield2.37%
  • Revenue TTM105.22M
  • Revenue Per Share TTM9.91
  • Gross Profit TTM 107.45M
  • Diluted EPS TTM2.84

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 43.36M 55.24M 37.18M 25.77M 28.23M
Minority interest - - - - -
Net income 34.43M 43.53M 30.05M 20.91M 22.58M
Selling general administrative 37.28M 33.21M 30.40M 30.13M 25.42M
Selling and marketing expenses - - - - -
Gross profit 109.27M 112.31M 100.77M 92.72M 72.31M
Reconciled depreciation 1.26M 1.46M 3.83M 3.46M 2.04M
Ebit 51.37M 55.24M 37.18M 25.77M 39.67M
Ebitda 52.63M 56.70M 38.82M 27.16M 39.94M
Depreciation and amortization 1.26M 1.46M 1.64M 1.40M 0.27M
Non operating income net other - - - - -
Operating income 51.37M 55.24M 37.18M 25.77M 37.90M
Other operating expenses -57.89900M -57.06800M -63.59100M -66.95700M 34.41M
Interest expense 5.77M 5.41M 12.02M 15.73M 9.67M
Tax provision 8.93M 11.71M 7.14M 4.86M 5.65M
Interest income 95.53M 95.33M 95.34M 92.40M 68.45M
Net interest income 89.77M 89.93M 83.32M 76.68M 58.77M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 8.93M 11.71M 7.14M 4.86M 5.65M
Total revenue 109.27M 112.31M 100.77M 92.72M 72.31M
Total operating expenses -57.89900M -57.06800M -63.59100M -66.95700M -34.40900M
Cost of revenue - - - - 0.00000M
Total other income expense net -8.01200M -5.40500M -12.02000M -15.72800M -9.67400M
Discontinued operations - - - - -
Net income from continuing ops 34.43M 43.53M 30.05M 20.91M 22.58M
Net income applicable to common shares 34.43M 43.53M 30.05M 20.91M 22.58M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 3065.90M 3334.60M 3050.01M 2478.55M 1862.87M
Intangible assets 3.37M 4.63M 6.09M 7.73M 0.93M
Earning assets - - - 428.30M 369.79M
Other current assets -608.06200M 1313.56M 1612.60M 1478.25M 1037.71M
Total liab 2744.73M 28.23M 35.63M 2158.29M 1640.32M
Total stockholder equity 321.17M 354.79M 337.89M 320.26M 222.54M
Deferred long term liab - - - - -
Other current liab -100.53100M 2890.35M 43.16M -21.72400M -10.92700M
Common stock 10.54M 10.71M 10.93M 11.02M 8.67M
Capital stock 10.54M 10.71M 10.93M 11.02M 8.67M
Retained earnings 223.66M 201.38M 169.68M 151.48M 141.54M
Other liab 15.85M 20.09M 22.61M 12.48M 9.33M
Good will 85.05M 85.05M 85.05M 84.00M 43.87M
Other assets 1655.12M 1313.56M 1612.60M 1478.25M 2268.82M
Cash 73.34M 510.87M 374.37M 79.58M 64.25M
Cash and equivalents - - - - -
Total current liabilities 100.53M -3.64600M 46.12M 21.72M 10.93M
Current deferred revenue - - - - -
Net debt 55.52M -482.63600M -338.74000M -44.03600M -36.32800M
Short term debt 100.53M -3.64600M 43.16M - 0.00000M
Short long term debt 100.53M - - - 0.00000M
Short long term debt total 128.87M 28.23M 35.63M 35.55M 27.93M
Other stockholder equity 141.95M 147.78M 154.85M 158.24M 78.17M
Property plant equipment 32.90M 35.56M 39.72M 39.85M 26.68M
Total current assets 681.40M 1203.34M 840.46M 489.53M 1456.91M
Long term investments 608.06M 692.47M 2476.29M 2200.19M 1678.83M
Net tangible assets 232.76M 265.12M 246.75M 228.53M 177.74M
Short term investments 608.06M 692.47M 466.09M 379.19M 332.65M
Net receivables 2166.89M - - 30.75M 22.29M
Long term debt 28.33M 28.23M 35.63M 35.55M 27.93M
Inventory 0.03M 0.14M 0.96M 1.31M 0.87M
Accounts payable 2596.33M 2890.35M 2611.33M 21.72M 10.93M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -54.97600M -5.07500M 2.44M -0.48300M -5.83500M
Additional paid in capital - - - - -
Common stock total equity 10.54M 10.71M 10.93M 11.02M 8.67M
Preferred stock total equity - - - - -
Retained earnings total equity 223.66M 201.38M 169.68M 151.48M 141.54M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other -729.37700M -817.70600M -596.95300M -510.77300M 1060.00M
Deferred long term asset charges - - - - -
Non current assets total 729.38M 817.71M 596.95M 510.77M 405.96M
Capital lease obligations - - - - -
Long term debt total 28.33M 28.23M 35.63M 35.55M 27.93M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -229.70600M -165.96200M -267.58900M -28.56000M -38.32300M
Change to liabilities 2.68M 0.15M -2.38700M -1.35400M 0.84M
Total cashflows from investing activities -227.58000M -164.22700M -265.14800M -4.57000M -39.90100M
Net borrowings 59.77M -8.92300M 2.08M -10.42900M 0.52M
Total cash from financing activities -253.83900M 249.63M 536.26M -12.78300M 24.18M
Change to operating activities -0.39200M -0.23400M -3.02300M 8.17M 0.26M
Net income 34.43M 43.53M 30.05M 20.91M 22.58M
Change in cash -433.47800M 136.50M 294.79M 15.33M 11.78M
Begin period cash flow 506.82M 374.37M 79.58M 64.25M 52.48M
End period cash flow 73.34M 510.87M 374.37M 79.58M 64.25M
Total cash from operating activities 47.94M 51.09M 23.68M 32.68M 27.50M
Issuance of capital stock - - - - -
Depreciation 3.51M 3.71M 3.83M 3.46M 2.04M
Other cashflows from investing activities 3.32M 2.73M 5.13M 27.55M 1.15M
Dividends paid -12.14400M -11.82700M -11.84200M -10.96500M 8.70M
Change to inventory - - - 10.01M 0.62M
Change to account receivables - - - 0.98M -0.21800M
Sale purchase of stock -7.50500M -8.81000M -4.98100M -3.14600M 0.86M
Other cashflows from financing activities -234.20200M 270.27M 553.08M 1.33M 32.88M
Change to netincome 9.77M 6.86M -5.21000M 1.15M 2.07M
Capital expenditures 1.20M 1.00M 2.69M 3.56M 2.72M
Change receivables - - - 0.98M -0.21800M
Cash flows other operating -4.08100M -4.99100M -3.78300M 6.44M -1.43000M
Exchange rate changes - - - - -
Cash and cash equivalents changes -433.47800M 136.50M 294.79M 15.33M 11.78M
Change in working capital 0.19M 0.39M -2.35800M 9.78M 0.53M
Stock based compensation 1.49M 1.43M 1.45M 1.54M 1.20M
Other non cash items 8.71M 1.23M -8.64700M -4.08000M 0.60M
Free cash flow 46.74M 50.09M 20.98M 29.12M 24.78M

Peer Comparison

Sector: Financial Services Industry: Banks - Regional

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x)
AMNB
American National Bankshares Inc
- -% - 17.80 - 4.86 1.56
HDB
HDFC Bank Limited ADR
-1.95 2.57% 73.93 20.81 20.96 0.11 4.77
CIHKY
China Merchants Bank Co Ltd
-0.32 0.96% 32.98 6.61 5.68 0.48 0.77 3.43
CIHHF
China Merchants Bank Co Ltd Class H
- -% 6.50 6.10 5.67 0.44 0.77 3.43
IBN
ICICI Bank Limited
-0.405 1.21% 33.09 17.79 16.95 0.07 3.08

Reports Covered

Stock Research & News

Profile

American National Bankshares Inc. operates as the bank holding company for American National Bank and Trust Company that provides financial products and services. The company operates through two segments, Community Banking and Wealth Management. It accepts deposit products, including checking, money market, savings, and consumer and commercial time deposits. The company's loan products comprise commercial and residential real estate loans, commercial loans to small and medium-sized businesses, construction and land development loans, home equity loans, mortgage loans, and consumer loans. It also offers wealth management services, including estate planning, trust account administration, and retail brokerage services; investment management services, such as purchasing equity, fixed income, and mutual fund investments for customer accounts; online and telephone banking services; and insurance services. The company was founded in 1909 and is based in Danville, Virginia.

American National Bankshares Inc

628 Main Street, Danville, VA, United States, 24541

Key Executives

Name Title Year Born
Mr. Jeffrey Vernon Haley Pres, CEO & Director 1960
Mr. Jeffrey W. Farrar CPA, CPA Exec. VP, COO, CFO, Treasurer & Sec. 1961
Mr. Edward C. Martin Exec. VP & Chief Admin. Officer 1974
Mr. John H. Settle Jr. Exec. VP & Pres of Wealth Management 1959
Ms. Cathy W. Liles CAP Sr. VP & Chief Accounting Officer 1965
Ms. Lutheria Smith Exec. VP & Chief HR Officer NA
Mr. Charles T. Canaday Jr. Exec. VP & Regional Pres of East Region 1962
Mr. William L. Kirby IV SVP of American National Bank & Trust Co. and Market Pres of American National Bank & Trust Co. NA
Ms. Cynthia Vogler Sr. VP NA
Mr. Mark Atom Smith Exec. VP & Chief Credit Officer 1962

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