Virginia National Bankshares Corporation (VABK) on Friday announced fourth-quarter earnings that declined year-over-year.
The company reported a net income of $3.2 million or $0.59 per share for the quarter, a decrease from last year's profit of $7.1 million or $1.32 per share.
Gross loans outstanding as of December 31, 2023, totaled $1.1 billion, an increase of $156.3 million, or 16.7%, compared to December 31, 2022, and an increase of $72.1 million, or 7.1%, compared to September 30, 2023.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.