National Bankshares (NKSH) Q1 2026 earnings summary

Executive summary

• Net income for Q1 2026 was $5.0 million ($0.78 per diluted share), up from $3.2 million ($0.51 per share) in Q1 2025, reflecting over 50% growth year-over-year.

• Total assets at March 31, 2026 were $1.83 billion.

• Focus remains on expanding into new markets, deepening relationships, and introducing new services.

Financial highlights

• Net interest income for Q1 2026 was $12.6 million, up from $10.3 million in Q1 2025.

• Net interest margin improved to 2.98% from 2.40% year-over-year.

• Noninterest income rose to $2.68 million from $2.56 million year-over-year.

• Noninterest expense was $9.33 million, nearly flat year-over-year.

• Book value per share increased to $29.43 at March 31, 2026.

Outlook and guidance

• Management expects continued positive momentum in 2026, emphasizing efficient expense management and shareholder value.