Keefe, Bruyette & Woods Starts American National Bankshares (AMNB) at Market Perform; An American Classic: Stable with a Strong Dividend Yield

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Keefe, Bruyette & Woods initiates coverage on American National Bankshares (NASDAQ: AMNB) with a Market Perform. PT $19.00.

KBW analyst says, "We believe American National is a high quality franchise run by an experienced and conservative management team. American National has proven to be a remarkable steward of capital, with superior asset quality, managed risk exposures, consistent profitability, and a high paying dividend. We believe the merger with MidCarolina will bring exciting growth opportunities to the bank in more vibrant markets in North Carolina."

For an analyst ratings summary and ratings history on American National Bankshares click here. For more ratings news on American National Bankshares click here.

Shares of American National Bankshares closed at $18.78 yesterday, with a 52 week range of $17.11-$24.34.

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