National Bankshares, Inc. announced the sale of its subsidiary's membership interest in Bearing Insurance Group, LLC, estimating a pre-tax gain of approximately $6.57 million in Q2 2026 financial results.
Key takeaways
Company's subsidiary National Bankshares Financial Services, Inc. sold membership interest in Bearing Insurance Group, LLC to unaffiliated third party.
Transaction effective May 1, 2026.
Estimated pre-tax gain of approximately $6.57 million.