8-K current report · filed Apr 23, 2026

Virginia National Bankshares Corp (VABK) 8-K Current Report: April 23, 2026

Item 2.02Item 8.01Item EX-99.1VABK overview

Short answer

Virginia National Bankshares Corp (VABK) filed an 8-K current report with the SEC on April 23, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item 8.01 (Other Events), Item EX-99.1 (Exhibit EX-99.1). Earnings release covers the quarter and year ended March 31, 2026.

Virginia National Bankshares Corp 8-K event analysis

AI summary of each reported item and its exhibits

Item 2.02 · Results of Operations and Financial Condition

  • Earnings release covers the quarter and year ended March 31, 2026
  • Consolidated results furnished in Exhibit 99.1, requiring review for revenue, profitability, and balance-sheet details
  • Disclosure furnished under Item 2.02, limiting Section 18 liability and automatic incorporation into other filings

Item 8.01 · Other Events

  • Quarterly cash dividend of $0.36 per share declared
  • Payment scheduled for May 29, 2026
  • Record date May 13, 2026, requiring ownership by close of business
  • Dividend declaration signals continued shareholder distributions by Virginia National Bankshares

Item EX-99.1 · Exhibit EX-99.1

  • Q1 net income $5.3M, or $0.97 diluted EPS, up 17.2% from $4.5M and $0.83
  • Net interest margin improved to 3.40% from 3.28% as cost of funds fell 19 basis points
  • Efficiency ratio improved to 56.6% from 62.4%, reflecting lower data-processing and other expenses
  • Asset quality mixed: NPAs fell to $6.0M from $9.2M sequentially but rose to 0.36% of assets from 0.31% year-over-year
  • Quarterly dividend $0.36 per share payable May 29, implying approximately 3.50% annualized yield

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