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Virginia National Bankshares reports second-quarter GAAP EPS of $1.65 on revenue of $19.78 million
Virginia National Bankshares Corporation announced second-quarter 2026 earnings with GAAP earnings per share of $1.65 and revenue of $19.78 million. Return on average assets improved to 2.24% from 1.05%, and return on average equity rose to 18.81% from 10.05%. Net interest margin on a fully taxable equivalent basis increased to 3.65% from 3.40%, while the efficiency ratio improved to 41.6% from 61.2%. Gross loans outstanding totaled $1.2 billion as of June 30, 2026, a decrease of $7.7 million from a year earlier, and deposits stood at $1.4 billion, up $20.1 million from June 30, 2025. Book value per share climbed to $35.89 from $31.67 a year ago, and tangible book value per share reached $34.05 compared to $29.63.