American National Bankshares traded at $47.76 this Thursday March 28th, decreasing $0.16 or 0.33 percent since the previous trading session. Looking back, over the last four weeks, American National Bankshares lost 5.85 percent. Over the last 12 months, its price rose by 49.76 percent. Looking ahead, we forecast American National Bankshares to be priced at 46.32 by the end of this quarter and at 42.25 in one year, according to Trading Economics global macro models projections and analysts expectations.
American National Bankshares Inc. is a one-bank holding company. American National Bank and Trust Company (the Bank) is the only banking subsidiary of the Company. The Bank offers a range of retail, commercial, secondary market mortgage lending, and trust and investment services, which also include non-deposit products such as mutual funds and insurance policies. The Company operates through two segments: community banking, and trust and investment services. The community banking segment involves making loans to and generating deposits from individuals and businesses. The Company's assets and liabilities, and investment income from securities are allocated to community banking segment. The trust and investment services include estate planning, trust account administration, investment management and retail brokerage. The trust and investment services division receives fees for investment and administrative services.