National Bankshares - M&A Summary and Business Overview

Financial ServicesCompany

National Bankshares M&A Summary

National Bankshares has acquired 1 company, including 1 in the last 5 years.

National Bankshares’ largest acquisition to date was in 2024, when it acquired Frontier Community Bank for $17M. National Bankshares has acquired in 1 US state. The Company’s most targeted sectors include financial services (100%).

National Bankshares Business Overview

Where is National Bankshares headquartered?

National Bankshares is headquartered in Blacksburg, Virginia.

What is National Bankshares’ revenue?

National Bankshares disclosed revenue of 47M USD for 2023 and 59M USD for 2022.

How many employees does National Bankshares have?

National Bankshares has 225 employees.

What sector is National Bankshares in?

National Bankshares is a financial services company.

When was National Bankshares founded?

National Bankshares was founded in 1891.

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Advisors 2

National Bankshares

National Bankshares, Inc.

101 Hubbard Street,
Blacksburg, Virginia 24062
United States,
(540) 951-6300
www.nationalbankshares.com

National Bankshares is a community bank operating from 24 full-service offices, primarily in southwest Virginia, and three loan production offices in Roanoke, Charlottesville, and Staunton. National Bankshares Financial Services, Inc. is an investment and insurance subsidiary in the same trade area. National Bankshares was founded in 1891 and is headquartered in Blacksburg, Virginia.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # - - - - - 1 1
vol $17M $17M
Sell (0.0/yr) # - - - - - - 0
  1

Most Recent M&A

Company Date Value Type
Frontier Community Bank 2024-01-24 17M USD Merger
Waynesboro, Virginia · www.frontiercommunitybank.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 1 (100%) 17M (100%) - -
Total 1 $17M - -

By Geo

State/Country Buy Value Sell Value
United States 1 17M - -
  Virginia 1 17M - -
Total 1 $17M - -

Top M&A Advisors

Financial Deals
Piper Sandler & Co.
1
Legal Deals
Williams Mullen
1

Deal Values

buy # Total
< $100M 1 $17M
TOTAL $17M
Largest Frontier Community Bank
$17M (2024-01-24)

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