GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Bankshares Inc (FRA:9F2) » Definitions » Mortgage Backed Securities (USD Mil)

National Bankshares (FRA:9F2) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)


View and export this data going back to 2020. Start your Free Trial

What is National Bankshares Mortgage Backed Securities (USD Mil)?

Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.

The historical rank and industry rank for National Bankshares's Mortgage Backed Securities (USD Mil) or its related term are showing as below:


National Bankshares Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for National Bankshares's Mortgage Backed Securities (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

National Bankshares Mortgage Backed Securities (USD Mil) Chart



National Bankshares  (FRA:9F2) Mortgage Backed Securities (USD Mil) Explanation

Mortgage Backed Securities (USD Mil) is a type of asset-backed security secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.


National Bankshares Mortgage Backed Securities (USD Mil) Related Terms

Thank you for viewing the detailed overview of National Bankshares's Mortgage Backed Securities (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.


National Bankshares (FRA:9F2) Business Description

Industry
Traded in Other Exchanges
Address
101 Hubbard Street, Blacksburg, VA, USA, 24062-9002
National Bankshares Inc is a bank holding company of National Bank of Blacksburg, offering a range of financial products and services, including deposit accounts, commercial, consumer, and mortgage loans, credit cards, and trust services. The bank focuses on lending to small and mid-sized businesses and individuals. The types of loans it offers include commercial and agricultural, commercial real estate, construction for commercial and residential properties, residential real estate, home equity, and various consumer loan products. It also operates an insurance and brokerage subsidiary, National Bankshares Financial Services, Inc. The company earns its revenues from interest and fees on loans, non-interest income, and investments.

National Bankshares (FRA:9F2) Headlines

No Headlines