First National Corporation (FXNC)

NASDAQ: FXNC · IEX Real-Time Price · USD
15.55
+0.04 (0.26%)
May 24, 2024, 4:30 PM EDT - Market closed
0.26%
Market Cap 97.61M
Revenue (ttm) 48.99M
Net Income (ttm) 8.98M
Shares Out 6.28M
EPS (ttm) 1.43
PE Ratio 10.87
Forward PE 11.29
Dividend $0.60 (3.86%)
Ex-Dividend Date May 23, 2024
Volume 1,600
Open 15.60
Previous Close 15.51
Day's Range 15.55 - 15.70
52-Week Range 14.50 - 21.75
Beta 0.53
Analysts Hold
Price Target 19.00 (+22.19%)
Earnings Date Apr 30, 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 154
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 "Hold" and the 12-month stock price forecast is $19.0.

Price Target
$19.0
(22.19% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

16 days 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...

27 days 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...

27 days ago - GlobeNewsWire

FXNC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of First National Corporation Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of First National Corporation (NASDAQ: FXNC) and Touchstone Bankshares, Inc. is fair to Fi...

2 months ago - Business Wire

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...

2 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...

4 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...

7 months 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...

10 months 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...

1 year 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...

1 year 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...

2 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...

2 years ago - GlobeNewsWire

First National Corporation Reports Third Quarter 2021 Financial Results

STRASBURG, Va., Oct. 29, 2021 (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 as Regional Market Executive for Richmond Market

STRASBURG, Va., Sept. 30, 2021 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), announced today t...

2 years ago - GlobeNewsWire

First National Corporation Completes Acquisition of The Bank of Fincastle

STRASBURG, Va., July 01, 2021 (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...

3 years ago - GlobeNewsWire

First National Corporation and The Bank of Fincastle Receive Shareholder Approvals for Merger

STRASBURG, Va. and FINCASTLE, Va., June 22, 2021 (GLOBE NEWSWIRE) -- At separate shareholder meetings held on June 16, 2021, First National (NASDAQ: FXNC) (the “Company” or “First National”), the pare...

3 years ago - GlobeNewsWire

First National Corporation Reports First Quarter 2021 Financial Results

STRASBURG, Va., April 30, 2021 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), reported unaudite...

3 years ago - GlobeNewsWire

THE BANK OF FINCASTLE INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of The Bank of Fincastle - BFTL

NEW ORLEANS, Feb. 24, 2021 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of The...

3 years ago - PRNewsWire

First National Corporation to Acquire The Bank of Fincastle

STRASBURG, Va. and FINCASTLE, Va., Feb. 18, 2021 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank ( “First Bank...

3 years ago - GlobeNewsWire