First National Corporation (FXNC)

NASDAQ: FXNC · Real-Time Price · USD
22.94
-0.16 (-0.69%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.69%
Market Cap 144.45M
Revenue (ttm) 48.81M
Net Income (ttm) 7.05M
Shares Out 6.30M
EPS (ttm) 1.12
PE Ratio 20.46
Forward PE 13.45
Dividend $0.60 (2.62%)
Ex-Dividend Date Sep 20, 2024
Volume 13,381
Open 23.32
Previous Close 23.10
Day's Range 22.72 - 23.32
52-Week Range 14.50 - 24.59
Beta 0.49
Analysts Strong Buy
Price Target 21.00 (-8.46%)
Earnings Date Nov 1, 2024

About FXNC

First National Corporation operates as the bank holding company for First Bank that provides various commercial banking services to small and medium-sized businesses, individuals, estates, local governmental entities, and non-profit organizations in Virginia. The company’s deposit products include checking, savings, money market, and individual retirement accounts, as well as certificates of deposit and treasury management solutions. Its loan products comprise construction loans, including residential, land acquisition, and development loans; 1... [Read more]

Sector Financials
Founded 1907
Employees 156
Stock Exchange NASDAQ
Ticker Symbol FXNC
Full Company Profile

Financial Performance

In 2023, First National's revenue was $49.05 million, a decrease of -12.95% compared to the previous year's $56.35 million. Earnings were $9.62 million, a decrease of -42.70%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for FXNC stock is "Strong Buy" and the 12-month stock price forecast is $21.0.

Price Target
$21.0
(-8.46% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

First National Corporation Announces Increase in Cash Dividend for 10th Consecutive Year

STRASBURG, Va., Nov. 15, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of First National Corporation (the “Company”) (Nasdaq: FXNC) declared a quarterly cash dividend of $0.155 per share on November...

5 days ago - GlobeNewsWire

First National Corporation Reports Third Quarter 2024 Financial Results

STRASBURG, Va., Nov. 01, 2024 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), reported unaudited consolidated net income of $2.2 million and basic an...

19 days ago - GlobeNewsWire

Federal Home Loan Bank of Atlanta Announces 2024 Director Election Results

ATLANTA, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today announced the results of the 2024 director election. The Bank conducted an election to fill the mem...

Other symbols: FBNC
4 weeks ago - GlobeNewsWire

First National Corporation Completes Acquisition of Touchstone Bankshares, Inc.

STRASBURG, Va., Oct. 01, 2024 (GLOBE NEWSWIRE) -- First National Corporation (NASDAQ: FXNC) (the “Company” or “First National”), the one-bank holding company of First Bank, announced today that it has...

7 weeks ago - GlobeNewsWire

Touchstone Bankshares, Inc. Declares Pro Rata Annual Cash Dividend in Anticipation of the Proposed Merger with First National Corporation

PRINCE GEORGE, Va., Sept. 19, 2024 /PRNewswire/ -- Touchstone Bankshares, Inc. (the "Company") (OTC Pink: TSBA) announced today that its Board of Directors has declared a pro rata annual cash dividend...

2 months ago - PRNewsWire

First National Corporation and Touchstone Bankshares, Inc. Announce Receipt of Regulatory Approvals for Merger

STRASBURG, Va. and PRINCE GEORGE, Va., Aug. 08, 2024 (GLOBE NEWSWIRE) -- First National Corporation (“First National”) (NASDAQ: FXNC), the bank holding company of First Bank, and Touchstone Bankshares...

3 months ago - GlobeNewsWire

Touchstone Bankshares, Inc. Reports Financial Results for the Second Quarter 2024

PRINCE GEORGE, Va. , July 31, 2024 /PRNewswire/ -- Touchstone Bankshares, Inc. (the "Company") (OTC Pink: TSBA), and its wholly owned subsidiary, Touchstone Bank (the "Bank"), reported unaudited resul...

4 months ago - PRNewsWire

FIRST NATIONAL CORPORATION INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Merger of First National Corporation - FXNC

NEW ORLEANS , July 17, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

4 months ago - PRNewsWire

FIRST NATIONAL CORPORATION INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of First National Corporation - FXNC

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of First National...

6 months ago - Business Wire

Touchstone Bankshares, Inc. Reports Financial Results for the First Quarter 2024

PRINCE GEORGE, Va. , April 30, 2024 /PRNewswire/ -- Touchstone Bankshares, Inc. (the "Company") (OTC Pink: TSBA), and its wholly owned subsidiary, Touchstone Bank (the "Bank"), reported unaudited resu...

7 months ago - PRNewsWire

First National Corporation Reports First Quarter Financial Results

STRASBURG, Va., April 30, 2024 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), reported unaudite...

7 months ago - GlobeNewsWire

First National Corporation to Acquire Touchstone Bankshares, Inc.

STRASBURG, Va. and PRINCE GEORGE, Va., March 26, 2024 (GLOBE NEWSWIRE) -- First National Corporation (“First National”) (NASDAQ: FXNC) and Touchstone Bankshares, Inc. (“Touchstone”) (OTCPK: TSBA) anno...

8 months ago - GlobeNewsWire

First National Corporation Reports Annual and Fourth Quarter 2023 Financial Results

STRASBURG, Va., Feb. 01, 2024 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), reported unaudited...

10 months ago - GlobeNewsWire

First National Corporation Reports Third Quarter 2023 Financial Results

STRASBURG, Va., Oct. 26, 2023 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), reported unaudited...

1 year ago - GlobeNewsWire

First National Corporation Reports Second Quarter 2023 Financial Results

STRASBURG, Va., July 26, 2023 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), reported unaudited...

1 year ago - GlobeNewsWire

First National Corporation Reports First Quarter 2023 Financial Results

STRASBURG, Va., April 26, 2023 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), reported unaudite...

1 year ago - GlobeNewsWire

First Bank Hires W. Todd Ross as Roanoke Valley Market President

STRASBURG, Va., April 24, 2023 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), announced today t...

1 year ago - GlobeNewsWire

First National Corporation Announces 7% Increase in Cash Dividend

STRASBURG, Va., Feb. 13, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of First National Corporation (Nasdaq: FXNC) declared a quarterly cash dividend of $0.15 per share on February 8, 2023. This wa...

1 year ago - GlobeNewsWire

First National Corporation Reports Record Earnings

STRASBURG, Va., Jan. 26, 2023 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), reported unaudited...

1 year ago - GlobeNewsWire

First National Corporation Announces Third Quarter Results and Stock Repurchase Plan

STRASBURG, Va., Oct. 25, 2022 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), reported unaudited...

2 years ago - GlobeNewsWire

First National Corporation Reports Second Quarter 2022 Financial Results

STRASBURG, Va., July 26, 2022 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), reported unaudited...

2 years ago - GlobeNewsWire

First Bank Names Matt Paciocco Senior Vice President and Regional Executive

STRASBURG, Va., May 11, 2022 (GLOBE NEWSWIRE) -- First National Corporation (the "Company" or "First National") (NASDAQ:FXNC), the bank holding company of First Bank (the “Bank”), announced today that...

2 years ago - GlobeNewsWire

First National Corporation Reports First Quarter 2022 Financial Results

STRASBURG, Va., April 26, 2022 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), reported unaudite...

2 years ago - GlobeNewsWire

First National Corporation Announces 17% Increase in Cash Dividend

STRASBURG, Va., Feb. 10, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of First National Corporation (Nasdaq: FXNC) declared a quarterly cash dividend of $0.14 per share on February 9, 2022. This wa...

3 years ago - GlobeNewsWire

First National Corporation Reports Fourth Quarter 2021 Financial Results

STRASBURG, Va., Jan. 31, 2022 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), reported unaudited...

3 years ago - GlobeNewsWire