Virginia National Bankshares (VABK) Operating Expenses (2018 - 2026)

Over the trailing twelve months to Jun 30, 2026, Virginia National Bankshares reported Operating Expenses of $32.35 million, down 5.5% year-over-year; for FY2025, it came in at $33.38 million, down 0.8% from FY2024.

• Operating Expenses has declined in each of the last four years, though with a five-year compound annual growth rate of 12.2% (FY2020 to FY2025).
• Going back by year, Operating Expenses was $33.67 million in FY2024 (-1.2%), $34.06 million in FY2023 (-11.7%), $38.56 million in FY2022 (-9.3%) and $42.52 million in FY2021 (+126.4%).
• The five-year range for quarterly Operating Expenses is $7.48 million (Q4 2025) to $12.82 million (Q3 2021).
• Year-over-year, Operating Expenses has declined for three consecutive quarters, with an average decline of 1.6% over the last eight quarters.
• The fastest year-over-year change in Operating Expenses over five years came in Q3 2021 (growth of 159.9%), and the weakest in Q2 2022 (a decline of 41.0%).
• Business Quant data shows VABK's Operating Expenses at $8.2 million (Q1 2026), $7.48 million (Q4 2025) and $8.4 million (Q3 2025) in the three quarters before Q2 2026.