Virginia National Bankshares Corporation Overview
Pro stress-test →Virginia National Bankshares Corporation is a bank holding company for Virginia National Bank, engaged in commercial and retail banking. The bank's commercial banking activities involve making loans, taking deposits and offering related services to individuals, businesses, and charitable organizations. This modest-sized but highly profitable regional bank generates returns that materially exceed most peer averages despite its smaller asset base.
Strategic Profile
Pro stress-test →VABK's strategy centers on rigorous underwriting standards, portfolio diversification by industry and loan size, and originating loans only in familiar markets. The bank's 1.11% ROA and 10.41% ROE materially exceed most peer averages. Credit quality remained strong with nonperforming assets at 0.42% of total assets.
Competitive Landscape
Pro stress-test →Virginia banking landscape is fragmented. Atlantic Union Bankshares dominates with $37.1 billion in assets and 150-branch network. TowneBank leverages integrated insurance and realty operations. C&F Financial and First National Corporation operate at similar scale to VABK but with different strategic focuses. VABK differentiates through superior profitability rather than scale.
Industry Context
Virginia National Bankshares Corporation operates in Regional Banking - Southeast / Community Banking.
Key facts
Founded: 1998 · Headquarters: Charlottesville, Virginia · Employees: Unknown · Revenue: $55.6M · Market cap: $217M