National Bankshares (NKSH) Operating Expenses (2010 - 2026)
National Bankshares' Operating Expenses came in at $9.3 million for Q2 2026, down 12.1% from $10.58 million a year earlier and down 0.3% from the prior quarter.
National Bankshares (NKSH) Operating Expenses (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, National Bankshares reported Operating Expenses of $35.83 million, down 1.4% year-over-year; for FY2025, it was $36.41 million, up 4.0% from FY2024.
- Operating Expenses has increased in each of the last five years, with a five-year compound annual growth rate of 7.8% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $35.01 million in FY2024 (+19.8%), $29.23 million in FY2023 (+8.4%), $26.96 million in FY2022 (+3.4%) and $26.08 million in FY2021 (+4.4%).
- The five-year range for quarterly Operating Expenses is $6.31 million (Q2 2022) to $10.58 million (Q2 2025).
- Year-over-year, Operating Expenses increased in seven of the last eight quarters, with growth averaging 7.3%.
- The fastest year-over-year change in Operating Expenses over five years came in Q2 2024 (growth of 33.8%), and the weakest in Q2 2026 (a decline of 12.1%).
- Business Quant data shows NKSH's Operating Expenses at $9.33 million (Q1 2026), $8.67 million (Q4 2025) and $8.52 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 27.32 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | -3,218.32 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 18.63 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 13.90 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 7.02 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 17.50 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 11.67 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 13.66 Bn |
| 10 | National Bankshares | 266.99 Mn | 48.72 Mn | - | 9.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.30 Mn |
| Mar 31, 2026 | 9.33 Mn |
| Dec 31, 2025 | 8.67 Mn |
| Sep 30, 2025 | 8.52 Mn |
| Jun 30, 2025 | 10.58 Mn |
| Mar 31, 2025 | 8.63 Mn |
| Dec 31, 2024 | 8.62 Mn |
| Sep 30, 2024 | 8.50 Mn |
| Jun 30, 2024 | 10.13 Mn |
| Mar 31, 2024 | 7.76 Mn |
| Dec 31, 2023 | 6.56 Mn |
| Sep 30, 2023 | 7.44 Mn |
| Jun 30, 2023 | 7.57 Mn |
| Mar 31, 2023 | 7.66 Mn |
| Dec 31, 2022 | 7.30 Mn |
| Sep 30, 2022 | 6.74 Mn |
| Jun 30, 2022 | 6.31 Mn |
| Mar 31, 2022 | 6.61 Mn |
| Dec 31, 2021 | 6.73 Mn |
| Sep 30, 2021 | 6.37 Mn |
National Bankshares Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=NKSH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "NKSH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=NKSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();