Virginia National Bankshares Corp (VABK) - Net Assets
Based on the latest financial reports, Virginia National Bankshares Corp (VABK) has net assets worth $184.16 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.65 Billion) and total liabilities ($1.47 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Virginia National Bankshares Corp (VABK) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $184.16 Million |
| % of Total Assets | 11.16% |
| Annual Growth Rate | 10.12% |
| 5-Year Change | 13.69% |
| 10-Year Change | 211.85% |
| Growth Volatility | 19.02 |
Virginia National Bankshares Corp - Net Assets Trend (2001–2025)
This chart illustrates how Virginia National Bankshares Corp's net assets have evolved over time, based on quarterly financial data. Also explore Virginia National Bankshares Corp asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Virginia National Bankshares Corp (2001–2025)
The table below shows the annual net assets of Virginia National Bankshares Corp from 2001 to 2025. For live valuation and market cap data, see VABK stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $184.16 Million | +14.88% |
| 2024-12-31 | $160.30 Million | +4.75% |
| 2023-12-31 | $153.04 Million | +14.71% |
| 2022-12-31 | $133.42 Million | -17.64% |
| 2021-12-31 | $161.99 Million | +96.11% |
| 2020-12-31 | $82.60 Million | +8.53% |
| 2019-12-31 | $76.11 Million | +7.58% |
| 2018-12-31 | $70.74 Million | +8.66% |
| 2017-12-31 | $65.11 Million | +10.25% |
| 2016-12-31 | $59.05 Million | +4.73% |
| 2015-12-31 | $56.38 Million | -7.00% |
| 2014-12-31 | $60.63 Million | +4.62% |
| 2013-12-31 | $57.96 Million | +7.45% |
| 2012-12-31 | $53.94 Million | +10.30% |
| 2011-12-31 | $48.90 Million | +7.42% |
| 2010-12-31 | $45.52 Million | +11.29% |
| 2009-12-31 | $40.90 Million | +6.83% |
| 2008-12-31 | $38.29 Million | +6.05% |
| 2007-12-31 | $36.10 Million | +14.28% |
| 2006-12-31 | $31.59 Million | +13.18% |
| 2005-12-31 | $27.91 Million | +15.81% |
| 2004-12-31 | $24.10 Million | +7.32% |
| 2003-12-31 | $22.46 Million | +10.53% |
| 2002-12-31 | $20.32 Million | +11.45% |
| 2001-12-31 | $18.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Virginia National Bankshares Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 9500000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $94.17 Million | 51.13% |
| Common Stock | $13.33 Million | 7.24% |
| Other Comprehensive Income | $-30.67 Million | -16.65% |
| Other Components | $107.34 Million | 58.28% |
| Total Equity | $184.16 Million | 100.00% |
Virginia National Bankshares Corp Competitors by Market Cap
The table below lists competitors of Virginia National Bankshares Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Immersion Corporation
NASDAQ:IMMR
|
$216.13 Million |
|
CARGO Therapeutics, Inc. Common Stock
NASDAQ:CRGX
|
$216.19 Million |
|
Nampak
JSE:NPK
|
$216.19 Million |
|
Orchestra BioMed Holdings Inc.
NASDAQ:OBIO
|
$216.26 Million |
|
eGain Corporation
NASDAQ:EGAN
|
$215.80 Million |
|
Voyager Therapeutics Inc
NASDAQ:VYGR
|
$215.73 Million |
|
Innowireless Co. Ltd
KQ:073490
|
$215.59 Million |
|
Exel Industries
PA:EXE
|
$215.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Virginia National Bankshares Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 160,302,000 to 184,161,000, a change of 23,859,000 (14.9%).
- Net income of 19,261,000 contributed positively to equity growth.
- Dividend payments of 7,603,000 reduced retained earnings.
- Other comprehensive income increased equity by 11,194,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $19.26 Million | +10.46% |
| Dividends Paid | $7.60 Million | -4.13% |
| Other Comprehensive Income | $11.19 Million | +6.08% |
| Other Changes | $1.01 Million | +0.55% |
| Total Change | $- | 14.88% |
Book Value vs Market Value Analysis
This analysis compares Virginia National Bankshares Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.26x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.98x to 1.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $7.14 | $42.70 | x |
| 2002-12-31 | $7.95 | $42.70 | x |
| 2003-12-31 | $8.46 | $42.70 | x |
| 2004-12-31 | $9.08 | $42.70 | x |
| 2005-12-31 | $9.69 | $42.70 | x |
| 2006-12-31 | $10.87 | $42.70 | x |
| 2007-12-31 | $12.44 | $42.70 | x |
| 2008-12-31 | $12.95 | $42.70 | x |
| 2009-12-31 | $13.77 | $42.70 | x |
| 2010-12-31 | $15.33 | $42.70 | x |
| 2011-12-31 | $16.46 | $42.70 | x |
| 2012-12-31 | $19.78 | $42.70 | x |
| 2013-12-31 | $19.54 | $42.70 | x |
| 2014-12-31 | $20.32 | $42.70 | x |
| 2015-12-31 | $20.11 | $42.70 | x |
| 2016-12-31 | $22.47 | $42.70 | x |
| 2017-12-31 | $24.45 | $42.70 | x |
| 2018-12-31 | $26.34 | $42.70 | x |
| 2019-12-31 | $28.29 | $42.70 | x |
| 2020-12-31 | $30.50 | $42.70 | x |
| 2021-12-31 | $30.52 | $42.70 | x |
| 2022-12-31 | $24.93 | $42.70 | x |
| 2023-12-31 | $28.48 | $42.70 | x |
| 2024-12-31 | $29.73 | $42.70 | x |
| 2025-12-31 | $33.99 | $42.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Virginia National Bankshares Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.46%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.11%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 8.96x
- Recent ROE (10.46%) is above the historical average (8.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 4.08% | 8.43% | 0.06x | 7.82x | $-1.08 Million |
| 2002 | 3.79% | 8.17% | 0.06x | 8.40x | $-1.26 Million |
| 2003 | 6.12% | 12.11% | 0.05x | 9.52x | $-871.90K |
| 2004 | 8.05% | 14.93% | 0.05x | 11.49x | $-470.30K |
| 2005 | 11.06% | 18.54% | 0.06x | 10.22x | $294.70K |
| 2006 | 8.44% | 12.92% | 0.07x | 9.58x | $-493.30K |
| 2007 | 4.09% | 6.90% | 0.06x | 9.66x | $-2.14 Million |
| 2008 | 0.29% | 0.56% | 0.05x | 10.49x | $-3.72 Million |
| 2009 | 4.76% | 7.80% | 0.06x | 10.80x | $-2.14 Million |
| 2010 | 8.85% | 15.28% | 0.06x | 10.08x | $-522.10K |
| 2011 | 4.79% | 10.19% | 0.05x | 9.49x | $-2.55 Million |
| 2012 | 10.16% | 18.94% | 0.06x | 9.41x | $87.10K |
| 2013 | 11.90% | 20.90% | 0.06x | 8.85x | $1.10 Million |
| 2014 | 3.13% | 9.20% | 0.04x | 8.86x | $-4.17 Million |
| 2015 | 5.54% | 14.28% | 0.04x | 10.07x | $-2.52 Million |
| 2016 | 9.73% | 23.57% | 0.04x | 10.25x | $-157.40K |
| 2017 | 10.07% | 23.23% | 0.04x | 9.89x | $43.50K |
| 2018 | 11.97% | 27.31% | 0.05x | 9.11x | $1.40 Million |
| 2019 | 8.79% | 21.20% | 0.04x | 9.23x | $-921.70K |
| 2020 | 9.66% | 23.61% | 0.04x | 10.27x | $-281.80K |
| 2021 | 6.22% | 17.15% | 0.03x | 12.17x | $-6.13 Million |
| 2022 | 17.57% | 33.49% | 0.04x | 12.17x | $10.10 Million |
| 2023 | 12.59% | 24.36% | 0.05x | 10.76x | $3.96 Million |
| 2024 | 10.58% | 20.54% | 0.05x | 10.09x | $935.80K |
| 2025 | 10.46% | 23.11% | 0.05x | 8.96x | $844.90K |
Industry Comparison
This section compares Virginia National Bankshares Corp's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $260,431,200
- Average return on equity (ROE) among peers: 10.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Virginia National Bankshares Corp (VABK) | $184.16 Million | 4.08% | 7.96x | $215.91 Million |
| Ameris Bancorp (ABCB) | $63.00 Million | 11.43% | 9.69x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $71.80 Million | 9.61% | 9.10x | $5.70 Billion |
| ACNB Corporation (ACNB) | $74.01 Million | 9.97% | 11.77x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $45.08 Million | 2.57% | 4.16x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $153.31 Million | 13.22% | 8.01x | $647.19 Million |
| Amalgamated Bank (AMAL) | $707.65 Million | 15.04% | 10.67x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $901.22 Million | 12.53% | 7.48x | $949.39 Million |
| Arrow Financial Corporation (AROW) | $334.39 Million | 12.21% | 10.03x | $598.55 Million |
| Associated Banc-Corp (ASB) | $138.60 Million | 13.85% | 12.49x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $115.24 Million | 4.87% | 11.62x | $62.60 Million |
About Virginia National Bankshares Corp
Virginia National Bankshares Corporation operates as the holding company for Virginia National Bank that provides a range of commercial and retail banking products and services in Virginia. It operates through two segments: Bank and VNB Trust and Estate Services. The company provides checking accounts, demand deposits, NOW accounts, money market deposit accounts, time deposits, certificates of de… Read more