Virginia National Bankshares

Q2 FY2026 EarningsQ2 FY2026 net income hit $9.0M, up 112.6% YoY, driven by a $4.7M gain from the Bearing transaction and a 13 bps reduction in cost of funds. Diluted EPS reached $1.65 compared to $0.78 in the prior year. Net interest margin (FTE) improved to 3.65% (up 25 bps YoY), while the efficiency ratio (FTE) significantly improved to 41.6% from 61.2%. Total assets remained stable at $1.6B with strong capital ratios (Tier 1 leverage at 13.38%).