Virginia National Bankshares Corp.
- VABK ยท Nasdaq
- National Commercial Banks
- Charlottesville, VA
- 144 employees
- CIK 0001572334
Updated from SEC filings through
Top things to know
Executives
- Glenn W. Rust President & Chief Executive Officer and Director 10-K, 2026-03-27
- Cathy W. Liles Executive Vice President and Chief Financial Officer 8-K, 2026-05-15
Virginia National Bankshares Corp is a U.S. public company in national commercial banks (SIC 6021), headquartered in Charlottesville, VA. It trades as VABK on Nasdaq. Revenue was $77.2M in the fiscal year ending December 31, 2025, +1.7% from the year before. It reported about 144 employees. Glenn W. Rust is President & Chief Executive Officer and Director.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $77.2M 10-K, 2026-03-27 | $75.9M 10-K, 2026-03-27 | $70.0M 10-K, 2025-03-28 | $56.7M 10-K, 2024-03-28 | $48.3M 10-K, 2023-03-29 |
| Operating income | Not on file | Not on file | Not on file | Not on file | Not on file |
| SG&A | Not on file | Not on file | Not on file | Not on file | Not on file |
| Net income | $19.3M 10-K, 2026-03-27 | $17.0M 10-K, 2026-03-27 | $19.3M 10-K, 2025-03-28 | $23.4M 10-K, 2024-03-28 | $10.1M 10-K, 2023-03-29 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Glenn W. Rust President and CEO at Virginia National Bank | President & Chief Executive Officer and Director | 10-K, 2026-03-27 |
| Cathy W. Liles | Executive Vice President and Chief Financial Officer | 8-K, 2026-05-15 |
| William D. Dittmar, Jr. | Chairman of the Board | 10-K, 2026-03-27 |
| Gregory L. Wells | Director | 10-K, 2026-03-27 |
| Hunter E. Craig | Director | 10-K, 2026-03-27 |
| Jay B. Keyser | Director | 10-K, 2026-03-27 |
| John B. Adams, Jr. | Director | 10-K, 2026-03-27 |
| Kevin T. Carter | Director | 10-K, 2026-03-27 |
| Linda M. Houston | Director | 10-K, 2026-03-27 |
| Randolph D. Frostick | Director | 10-K, 2026-03-27 |
| Robert L. Burrows, Jr. | Director | 10-K, 2026-03-27 |
| Sterling T. Strange, III | Director | 10-K, 2026-03-27 |
What Virginia National Bankshares Corp does
The Company was incorporated under the laws of the Commonwealth of Virginia on February 21, 2013 at the direction of the Board of Directors of the Bank for the purpose of acquiring all of the outstanding shares of the Bank and becoming the holding company of the Bank. On June 19, 2013, the shareholders of the Bank approved the Reorganization Agreement and Plan of Share Exchange, dated March 6, 2013, whereby the Bank would reorganize into a holding company structure.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 5.4 million (as of August 6, 2026) | 10-Q, August 13, 2026 |
|---|---|---|
| Public float | $174M (as of June 30, 2025) | 10-K, March 27, 2026 |
| Reportable segments | 2 (period ending June 30, 2026) | 10-Q, August 13, 2026 |
| Latest proxy statement | Meeting June 25, 2026 (filed April 30, 2026) | DEF 14A, April 30, 2026 |
| Auditor | Yount, Hyde & Barbour, P.C. (Roanoke, Virginia) | Latest 10-K |
Recent 8-K events
- 8-K filed 2026-10-29
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-10-08
- Item 8.01 Other events
- 8-K filed 2026-07-23
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 8.01 Other events
- 8-K filed 2026-06-29
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-15
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-05-04
- Item 8.01 Other events
- 8-K filed 2026-04-23
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 8.01 Other events
- 8-K filed 2026-02-05
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-01-29
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 8.01 Other events
- 8-K filed 2025-11-19
- Item 5.02 Departure or appointment of directors or officers; compensation
Frequently asked questions about Virginia National Bankshares Corp
- What does Virginia National Bankshares Corp do?
- In its own words, from Item 1 of its 10-K: "The Company was incorporated under the laws of the Commonwealth of Virginia on February 21, 2013 at the direction of the Board of Directors of the Bank for the purpose of acquiring all of the outstanding shares of the Bank and becoming the holding company of the Bank. On June 19, 2013, the shareholders of the Bank approved the Reorganization Agreement and Plan of Share Exchange, dated March 6, 2013, whereby the Bank would reorganize into a holding company structure."
- What is Virginia National Bankshares Corp's revenue?
- $77.2M for the fiscal year ending December 31, 2025, from its 10-K filed March 27, 2026.
- Is Virginia National Bankshares Corp profitable?
- Virginia National Bankshares Corp reported net income of $19.3M for the fiscal year ending December 31, 2025.
- How many employees does Virginia National Bankshares Corp have?
- About 144 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Virginia National Bankshares Corp?
- Glenn W. Rust, President & Chief Executive Officer and Director, as named in a 10-K filed March 27, 2026.
- Who is the CFO of Virginia National Bankshares Corp?
- Cathy W. Liles, Executive Vice President and Chief Financial Officer, as named in a 8-K filed May 15, 2026.
- Where is Virginia National Bankshares Corp headquartered?
- Charlottesville, VA.
- What is Virginia National Bankshares Corp's stock ticker?
- VABK on Nasdaq.
- What industry is Virginia National Bankshares Corp in?
- National Commercial Banks, SIC code 6021.
- What is Virginia National Bankshares Corp's website?
- vnb.com. Investor relations: https://www.vnb.com/investors.
- When does Virginia National Bankshares Corp report earnings next?
- January 21, 2027. Source: estimate_8k_pattern.
- Is Virginia National Bankshares Corp a public company?
- Yes. Virginia National Bankshares Corp files with the SEC under CIK 0001572334 and trades as VABK.
- Who audits Virginia National Bankshares Corp?
- Yount, Hyde & Barbour, P.C., Roanoke, Virginia, as named in its latest annual report (10-K).
- How many shares of Virginia National Bankshares Corp are outstanding?
- 5.4 million shares as of August 6, 2026, from its 10-Q filed August 13, 2026.
- What is Virginia National Bankshares Corp's public float?
- $174M as of June 30, 2025, as reported on the cover of its 10-K filed March 27, 2026.
- How many business segments does Virginia National Bankshares Corp report?
- 2 reportable segments for the period ending June 30, 2026, from its 10-Q filed August 13, 2026.
- When is Virginia National Bankshares Corp's annual shareholder meeting?
- June 25, 2026, per its proxy statement (DEF 14A) filed April 30, 2026.