First National Corporation (FXNC)
| Market Cap | 217.62M |
| Revenue (ttm) | 48.80M |
| Net Income (ttm) | 7.05M |
| Shares Out | 8.97M |
| EPS (ttm) | 1.12 |
| PE Ratio | 21.64 |
| Forward PE | 14.23 |
| Dividend | $0.61 (2.49%) |
| Ex-Dividend Date | Nov 29, 2024 |
| Volume | 97,500 |
| Open | 24.50 |
| Previous Close | 24.10 |
| Day's Range | 23.98 - 24.88 |
| 52-Week Range | 14.50 - 26.00 |
| Beta | 0.53 |
| Analysts | Strong Buy |
| Price Target | 21.00 (-13.44%) |
| Earnings Date | Jan 30, 2025 |
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]
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 StatementsAnalyst Forecast
According to one analyst, the rating for FXNC stock is "Strong Buy" and the 12-month stock price forecast is $21.0.
News
13 Upcoming Dividend Increases Including 2 Kings
This week's dividend increases feature two dividend kings, Stepan and Tennant, with average increases of 7.4% and a median of 5.4%. Thirteen companies are increasing their dividends this week, with an...
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...
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...
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...
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...
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...
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...
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...
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.
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...