American National Bankshares Inc.

AMNBNASDAQFinancial Services

$47.76

$-0.16(-0.33%)

Market Cap$507722232

P/E Ratio—

52W High$50.76

52W Low$25.26

Avg Volume20K

Open$48.00

Beta0.91

Overview

American National Bankshares Inc. (AMNB) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

AMNB · free cash flow · updated Jun 9, 2026

Core FCF metrics

AMNB · FCF · TTM · margin & CAGR

Free cash flow was $16.8M for FY2023 (fiscal year ending 2023-12-31), down 64.0% year-over-year The FCF margin was 12.1%. Five-year CAGR stands at -7.5%.

FY2023 Free Cash Flow$16.8M▼ -64.0% YoY

Trailing 12M (TTM)$16.5Mtrailing 4 quarters sum

FCF Margin12.1%$16.8M ÷ revenue

3-Year CAGR-7.1%FY2020 → FY2023

5-Year CAGR-7.5%FY2018 → FY2023

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

AMNB · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2023Latest$18.4M(2M)$16.8M▼ 64.0%12.1%

FY2022$47.9M(1M)$46.7M▼ 6.7%42.8%

FY2021$51.1M(1M)$50.1M▲ +138.8%44.6%

FY2020$23.7M(3M)$21.0M▼ 28.0%20.8%

FY2019$32.7M(4M)$29.1M▲ +17.5%31.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

AMNB · P/FCF · FCF yield · FCF per share

American National Bankshares Inc. (AMNB) trades at a FCF yield of 3.31% and a price-to-free-cash-flow ratio of 30.6x. FCF per share stands at $1.56, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

3.31%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.56

TTM FCF ÷ Shares Outstanding

Price / FCF

x30.6

Share Price ÷ FCF per Share

EV / FCF (TTM)

x33.9

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2023 · 2023-12-31

Cash flow statement summary

AMNB · cash flow statement · operating / investing / financing

For FY2023, American National Bankshares Inc. generated $18.4M in operating cash flow and spent 2M in capital expenditures, yielding $16.8M in free cash flow.

Operating Activities

+$18.4M

Cash from core business operations

2023-12-31

Investing Activities

−$14.9M

CapEx, acquisitions & investments

2023-12-31

Financing Activities

−$10.1M

Buybacks, dividends & debt

2023-12-31

FCF FormulaOperating CF ($18.4M) − |CapEx| (2M) = FCF ($16.8M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

AMNB vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

American National Bankshares Inc.YOU

AMNB

$16.8M-64.0%12.1%

Berkshire Hathaway Inc.

BRK-B

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

American National Bankshares Inc. (AMNB) reported free cash flow of $16.8M for FY2023 (fiscal year ending 2023-12-31), down 64.0% year-over-year. The FCF margin was 12.1%.

Based on available data, American National Bankshares Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $50.1M in FY2021. The 5-year CAGR stands at -7.5%.

American National Bankshares Inc.'s FCF yield is 3.31% and price-to-FCF ratio is 30.6x for FY2023, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

AMNB free cash flow · 8 questions

American National Bankshares Inc. free cash flow was $16.8M for FY2023, down 64.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $16.5M.

AMNB free cash flowAMNB FCFAMNB FCF 2023AMNB free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · American National Bankshares Inc. · American National Bankshares Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026