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National Bankshares posts 1Q profit

BLACKSBURG, Va. (AP) _ National Bankshares Inc. (NKSH) on Thursday reported first-quarter net income of $3.6 million.

The Blacksburg, Virginia-based bank said it had earnings of 52 cents per share.

The holding company for the National Bank of Blacksburg posted revenue of $12.7 million in the period. Its adjusted revenue was $11.7 million.

National Bankshares shares have decreased roughly 1 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $43.05, an increase of 17 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NKSH at https://www.zacks.com/ap/NKSH


Keywords: National Bankshares, Earnings Report