According to Zacks, “American National Bankshares Inc. is a one-bank holding company. “
Separately, StockNews.com initiated coverage on shares of American National Bankshares in a research note on Thursday, March 31st. They issued a “hold” rating for the company.
American National Bankshares (NASDAQ:AMNB – Get Rating) last posted its quarterly earnings results on Thursday, April 21st. The financial services provider reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.11. American National Bankshares had a net margin of 36.26% and a return on equity of 11.89%. On average, equities research analysts expect that American National Bankshares will post 3.2 earnings per share for the current fiscal year.
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Lazard Asset Management LLC purchased a new position in shares of American National Bankshares during the first quarter valued at about $27,000. Nisa Investment Advisors LLC purchased a new position in shares of American National Bankshares during the first quarter valued at about $38,000. Citigroup Inc. increased its position in shares of American National Bankshares by 134.0% during the third quarter. Citigroup Inc. now owns 1,233 shares of the financial services provider’s stock valued at $41,000 after buying an additional 706 shares during the period. BNP Paribas Arbitrage SA increased its position in shares of American National Bankshares by 108.3% during the third quarter. BNP Paribas Arbitrage SA now owns 2,851 shares of the financial services provider’s stock valued at $94,000 after buying an additional 1,482 shares during the period. Finally, Banc Funds Co. LLC purchased a new position in shares of American National Bankshares during the third quarter valued at about $119,000. Institutional investors own 39.82% of the company’s stock.
American National Bankshares Company Profile (Get Rating)
American National Bankshares Inc operates as the bank holding company for American National Bank and Trust Company that provides financial products and services. The company operates in two segments, Community Banking and Wealth Management. It accepts deposit products, including checking, money market, savings, and consumer and commercial time deposits.
- Get a free copy of the StockNews.com research report on American National Bankshares (AMNB)
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