secwatch.observer — SEC 8-K summary
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Issuer:     Virginia National Bankshares Corp (VABK)
CIK:        0001572334
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001193125-26-171985
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud

Virginia National Bankshares reports Q1 2026 net income of $5.3M ($0.97 per share), declares $0.36 dividend
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- Q1 2026 net income $5.3 million, up 17.2% from $4.5 million in Q1 2025; diluted EPS $0.97 vs $0.83.
- Board declared quarterly cash dividend of $0.36 per share, payable May 29 to holders of record May 13.
- Net interest margin improved to 3.40% from 3.28%; efficiency ratio improved to 56.6% from 62.4%.
- Return on average assets rose to 1.30% from 1.12%; return on average equity rose to 11.34% from 11.05%.
- Gross loans $1.2 billion, down $4.8 million; securities balances declined $22.5 million from prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1572334/000119312526171985/0001193125-26-171985-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1572334/000119312526171985/vabk-20260422.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-171985

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