First National Corporation (FXNC)
| Market Cap | 94.41M |
| Revenue (ttm) | 49.05M |
| Net Income (ttm) | 9.62M |
| Shares Out | 6.28M |
| EPS (ttm) | 1.53 |
| PE Ratio | 9.83 |
| Forward PE | 8.24 |
| Dividend | $0.60 (3.99%) |
| Ex-Dividend Date | Feb 29, 2024 |
| Volume | 2,112 |
| Open | 14.90 |
| Previous Close | 14.94 |
| Day's Range | 14.65 - 15.03 |
| 52-Week Range | 13.13 - 21.75 |
| Beta | 0.51 |
| Analysts | Hold |
| Price Target | 19.00 (+26.33%) |
| Earnings Date | May 7, 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]
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 "Hold" and the 12-month stock price forecast is $19.0.
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
First National Corporation Announces 9% Increase in Cash Dividend
STRASBURG, Va., Feb. 11, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of First National Corporation (Nasdaq: FXNC) declared a quarterly cash dividend of $0.12 per share on February 10, 2021. This w...
First National Corporation Reports Fourth Quarter 2020 Financial Results
STRASBURG, Va., Jan. 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...