Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Exact name of registrant as specified in its charter) FORM 10-Q (540) 951-6300 (Registrant's telephone number, including area code) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission ...

BLACKSBURG, VA., April 24, 2025 -- National Bankshares, Inc. ("the Company") (Nasdaq: NKSH), parent company of The National Bank of Blacksburg ("the Bank") and National Bankshares Financial Services, Inc., today announced its results of operations for the first quarter of 2025. The Company reported net income of $3.24 million or $0.51 per diluted common share for the three months ended March 31, 2025. This compares with net income of $2.17 million or $0.37 per diluted common share for the three months ended ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Fiscal Year Ended December 31, 2024 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ________ to ________. Commission File Number: 0-15204 NATIONAL BANKSHARES, INC. (Exact name of registrant as specified in its charter) Virginia (State or other ...

Earnings Performance - National Bankshares reported quarterly earnings of $0 48 per share, in line with the Zacks Consensus Estimate, compared to $0 71 per share a year ago [1] - The company missed the Zacks Consensus Estimate for revenues by 1 71%, posting $12 25 million for the quarter ended December 2024, compared to $10 73 million a year ago [2] - Over the last four quarters, the company has not surpassed consensus EPS estimates and topped revenue estimates only once [2] Stock Performance and Market Comparison - National Bankshares shares have gained 3 8% since the beginning of the year, slightly outperforming the S&P 500's gain of 3 5% [3] - The stock's immediate price movement will depend on management's commentary during the earnings call [3] Earnings Outlook and Estimate Revisions - The current consensus EPS estimate for the coming quarter is $0 52 on $12 64 million in revenues, and $2 35 on $53 35 million in revenues for the current fiscal year [7] - The estimate revisions trend for National Bankshares is mixed, translating into a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - National Bankshares belongs to the Zacks Banks - Southeast industry, which is currently in the top 20% of Zacks industries [8] - The top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [8] Peer Comparison - First National Corp (FXNC), another company in the same industry, is expected to report quarterly earnings of $0 47 per share, representing a year-over-year change of +435 7%, with revenues expected to be $21 5 million, up 54 9% from the year-ago quarter [9]

CONTACTS: F. Brad Denardo, Chairman and CEO Lora M. Jones, Treasurer & CFO (540) 951-6213 bdenardo@nbbank.com (540) 951-6238 ljones@nbbank.com National Bankshares, Inc. Reports Results for the Fourth Quarter and Twelve Months Ended December 31, 2024 BLACKSBURG, VA., January 23, 2025 -- National Bankshares, Inc. ("the Company") (Nasdaq: NKSH), parent company of The National Bank of Blacksburg ("the Bank") and National Bankshares Financial Services, Inc., today announced its results of operations for the year ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number: 0-15204 NATIONAL BANKSHARES, INC. (Exact name of registrant as specified in its charter) Virginia 54-1375 ...

EXHIBIT 99.1 FOR IMMEDIATE RELEASE CONTACTS: F. Brad Denardo, Chairman, President & CEO Lora M. Jones, Treasurer & CFO (540) 951-6213 bdenardo@nbbank.com (540) 951-6238 ljones@nbbank.com National Bankshares, Inc. Reports Results for the Third Quarter and Nine Months Ended September 30, 2024 BLACKSBURG, VA., October 24, 2024 -- National Bankshares, Inc. ("the Company") (Nasdaq: NKSH), parent company of The National Bank of Blacksburg ("the Bank") and National Bankshares Financial Services, Inc., today announ ...

National Bankshares (NKSH) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of $0.32. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -115.63%. A quarter ago, it was expected that this holding company for the National Bank of Blacksburg would post earnings of $0.43 per share when it actually produced earnings of $0.37, delivering a surprise of -13.95%. Ove ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number: 0-15204 NATIONAL BANKSHARES, INC. (Exact name of registrant as specified in its charter) Virginia (State or ot ...

FOR IMMEDIATE RELEASE CONTACTS: F. Brad Denardo, Chairman, President & CEO (540) 951-6213 bdenardo@nbbank.com Lora M. Jones, Treasurer & CFO (540) 951-6238 ljones@nbbank.com National Bankshares, Inc. Reports Results for the First Half of 2024 BLACKSBURG, VA., July 25, 2024 -- National Bankshares, Inc. ("the Company") (Nasdaq: NKSH), parent company of The National Bank of Blacksburg ("the Bank") and National Bankshares Financial Services, Inc., today announced its results of operations for the first half of ...