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National Bankshares (National Bankshares) 10-Year RORE % : 1.77% (As of Dec. 2023)


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What is National Bankshares 10-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. National Bankshares's 10-Year RORE % for the quarter that ended in Dec. 2023 was 1.77%.

The industry rank for National Bankshares's 10-Year RORE % or its related term are showing as below:

NKSH's 10-Year RORE % is ranked worse than
69% of 1029 companies
in the Banks industry
Industry Median: 7.74 vs NKSH: 1.77

National Bankshares 10-Year RORE % Historical Data

The historical data trend for National Bankshares's 10-Year RORE % 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 10-Year RORE % Chart

National Bankshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.23 -0.49 5.84 12.96 1.77

National Bankshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
10-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.96 12.30 10.86 7.53 1.77

Competitive Comparison of National Bankshares's 10-Year RORE %

For the Banks - Regional subindustry, National Bankshares's 10-Year RORE %, along with its competitors' market caps and 10-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


National Bankshares's 10-Year RORE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, National Bankshares's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where National Bankshares's 10-Year RORE % falls into.



National Bankshares 10-Year RORE % Calculation

National Bankshares's 10-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( 2.66-2.42 )/( 26.576-13.04 )
=0.24/13.536
=1.77 %

* 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.

In the calculation of 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 10-year before.


National Bankshares  (NAS:NKSH) 10-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 10-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


National Bankshares 10-Year RORE % Related Terms

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National Bankshares (National Bankshares) Business Description

Traded in Other Exchanges
N/A
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.
Executives
Lawrence J Ball director 1811 MOUNTAINSIDE DRIVE, BLACKSBURG VA 24060
F Brad Denardo officer: Corporate Officer 124 MATEER CIRCLE, BLACKSBURG VA 24060
Michael E Dye director PO BOX 346, BLUEFIELD VA 24605
Fitzwater Norman V Iii director 113 MATEER CIRCLE, BLACKSBURG VA 24060
Sanders Bobby D. Ii officer: SVP/Chief Credit Officer 1735 TURNBERRY LANE, RINER VA 24149
John Elliott Dooley director 2131 PLANK DRIVE, BLACKSBURG VA 24060
Green Charles E Iii director 15519 LOOKOUT RIDGE, BRISTOL VA 24202
Lara E Ramsey other: Corporate Secretary 7479 BLUFF VIEW DRIVE, RADFORD VA 24141
Mary G Miller director 715 RICHARDS WAY, WIRTZ VA 24184
Mildred R Johnson director 914 WILLARD DRIVE, BLACKSBURG VA 24060
Lora M. Jones officer: SVP/Chief Financial Officer 301 NEIL STREET, BLACKSBURG VA 24060
Glenn P Reynolds director 206 MATEER CIRCLE, BLACKSBURG VA 24060
Rebecca M Melton officer: SVP/Chief Credit Officer 260 REVOLUTION CIRCLE, CHRISTIANSBURG VA 24073
Jack M Lewis director 3696 CONSERVATION TRAIL, THE VILLAGES FL 32163
James Carroll Thompson director PO BOX 298, TAZEWLL VA 24651

National Bankshares (National Bankshares) Headlines