---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-058109"
form_type: "8-K"
ticker: "VABK"
cik: "0001572334"
company_name: "Virginia National Bankshares Corp"
filed_at: "2025-04-24T23:59:59+00:00"
generated_at: "2026-05-23T07:00:31.701774+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Virginia National Bankshares reports Q1 net income of $4.5M, up 23% YoY; dividend raised 9.1%

## Summary
- Net income $4.5M ($0.83 diluted EPS) vs $3.6M ($0.68) in Q1 2024, a 23% increase.
- Quarterly dividend raised to $0.36/share from $0.33, payable May 30 to holders of record May 15.
- Net interest margin (FTE) improved to 3.28% from 2.93% YoY; efficiency ratio improved to 62.4% from 66.8%.
- Gross loans reached $1.2B, up $114.3M (10.1%) YoY and $6.5M from year-end.
- ROAA increased to 1.12% (from 0.91%) and ROAE to 11.05% (from 9.57%) YoY.

## SEC filing metadata
- accession: 0000950170-25-058109
- form_type: 8-K
- ticker: VABK
- cik: 0001572334
- company_name: Virginia National Bankshares Corp
- filed_at: 2025-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1572334/000095017025058109/0000950170-25-058109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1572334/000095017025058109/vabk-20250424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-058109
- JSON: https://secwatch.observer/filing/0000950170-25-058109.json
- Plain text: https://secwatch.observer/filing/0000950170-25-058109.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.