Revenue Update on National Bankshares(NASDAQ:NKSH)

National Bankshares(NASDAQ:NKSH) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 28, 2016. Earnings per share were $0.56.

National Bankshares (NKSH) made into the market gainers list on Thursdays trading session with the shares advancing 1.41% or 0.48 points. Due to strong positive momentum, the stock ended at $34.62, which is also near the day’s high of $34.979. The stock began the session at $34.5 and the volume stood at 2,958 shares. The 52-week high of the shares is $37.1 and the 52 week low is $29.17. The company has a current market capitalization of $241 M and it has 69,57,974 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jun 3, 2016, Glenn P Reynolds (director) purchased 15 shares at $33.08 per share price.Also, On Dec 21, 2015, Mary G Miller (director) purchased 145 shares at $34.98 per share price.On Sep 21, 2015, William A Peery (director) purchased 250 shares at $30.68 per share price, according to the Form-4 filing with the securities and exchange commission.

National Bankshares Inc. (NBI) is a financial holding company. The Company conducts its operations through its wholly owned community bank subsidiary the National Bank of Blacksburg (NBB or the Bank). The Company also owns National Bankshares Financial Services Inc. (NBFS) which does business as National Bankshares Insurance Services and National Bankshares Investment Services. NBB offers a range of retail and commercial banking services to individuals businesses non-profits and local governments from its headquarters in Blacksburg Virginia and its twenty-four branch offices across southwest Virginia. NBFS offers non-deposit investment products and insurance products for sale to the public. NBFS works with Infinex Investments Inc. to provide investments and with Bankers Insurance LLC for insurance products. The Company provides its services in southwest Virginia and West Virginia.

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