American National Bankshares Inc

NASDAQ AMNB

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American National Bankshares Inc Current Ratio 1 year YoY Change (%) for the quarter ending December 31, 2023: -98.76%

American National Bankshares Inc Current Ratio 1 year YoY Change (%) is -98.76% for the quarter ending December 31, 2023, a -196.77% change year over year. The current ratio assesses a company's short-term liquidity and its ability to cover its current liabilities with its current assets. It is calculated by dividing current assets by current liabilities. This ratio indicates the number of times a company's current assets can cover its current liabilities. A higher current ratio suggests better liquidity and a stronger ability to meet short-term obligations. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.

American National Bankshares Inc Current Ratio for the quarter ending December 31, 2022 was 6.78, a 102.05% change year over year.
American National Bankshares Inc Current Ratio for the quarter ending December 31, 2021 was -330.04, a -720.51% change year over year.
American National Bankshares Inc Current Ratio for the quarter ending December 31, 2020 was 53.19, a -41.28% change year over year.
American National Bankshares Inc Current Ratio for the quarter ending December 31, 2019 was 90.58, a -32.06% change year over year.

NASDAQ: AMNB

American National Bankshares Inc

CEO	Mr. Jeffrey Vernon Haley
IPO Date	April 13, 1999
Location	United States
Headquarters	628 Main Street, Danville, VA, United States, 24541
Employees	334
Sector	Financial Services
Industry	Banks - regional

Description

As of April 1, 2024, American National Bankshares Inc. was acquired by Atlantic Union Bankshares Corporation. American National Bankshares Inc. operates as the bank holding company for American National Bank and Trust Company that engages in the provision of financial products and services. The company operates through two segments: Community Banking and Wealth Management. It accepts deposit products, including checking, money market, savings, and consumer and commercial time deposits. The company's loan products comprise commercial and residential real estate loans, commercial loans to small and medium-sized businesses, construction and land development loans, and home equity loans, as well as mortgage and consumer loans; and provides online and telephone banking, automated teller machine, and insurance services. It also offers wealth management services, including estate planning, trust account administration, and retail brokerage services; and investment management services, such as purchasing equity, fixed income, and mutual fund investments for customer accounts. The company was founded in 1909 and is based in Danville, Virginia.

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