AMNB Stock Summary and Trading Ideas (American National Bankshares | NASDAQ:AMNB)

American National Bankshares Inc is a one-bank holding company. The Bank provides a full array of financial products and services, including commercial, mortgage, and consumer banking; trust and investment services; and insurance. Services are also provided through 37 Automated Teller Machines, Online Banking, and Telephone Banking. The company has two reportable segments, community banking and wealth management.

American National Bankshares trades on the NASDAQ stock market under the symbol AMNB.

As of April 18, 2024, AMNB stock price was flat at $47.76 with million shares trading.

AMNB has a market cap of $507.39 million. This is considered a Small Cap stock.

Last quarter American National Bankshares reported $24 million in Revenue and $.38 earnings per share. This fell short of revenue expectation by $-3 million and missed earnings estimates by -$.15.

In the last 3 years, AMNB stock traded as high as $50.76 and as low as $25.26.

The top ETF exchange traded funds that AMNB belongs to (by Net Assets): VTI, VXF, VTWO, VTWV, VTHR.

AMNB has outperformed the market in the last year with a price return of +62.4% while the SPY ETF gained +22.3%. However, in the short term, AMNB had mixed performance relative to the market. It has underperformed in the last 3 months, returning +5.1% vs +6.1% return in SPY. But in the last 2 weeks, AMNB shares have fared better than the market returning 0.0% compared to SPY -3.8%.

AMNB support price is $47.09 and resistance is $48.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMNB stock will trade within this expected range on the day.