First National Corporation (FXNC)
| Market Cap | 99.05M |
| Revenue (ttm) | 54.19M |
| Net Income (ttm) | 14.20M |
| Shares Out | 6.26M |
| EPS (ttm) | 2.25 |
| PE Ratio | 7.03 |
| Forward PE | 7.59 |
| Dividend | $0.57 (3.61%) |
| Ex-Dividend Date | Feb 23, 2023 |
| Volume | 41 |
| Open | 15.81 |
| Previous Close | 15.81 |
| Day's Range | 15.81 - 16.00 |
| 52-Week Range | 13.45 - 21.28 |
| Beta | 0.61 |
| Analysts | Buy |
| Price Target | 21.42 (+35.48%) |
| Earnings Date | Apr 24, 2023 |
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 2021, First National's revenue was $45.68 million, an increase of 31.55% compared to the previous year's $34.72 million. Earnings were $10.36 million, an increase of 16.95%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for FXNC stock is "Buy." The 12-month stock price forecast is $21.42, which is an increase of 35.48% from the latest price.
News
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...
First National Corporation Reports Third Quarter 2020 Net Income
STRASBURG, Va., Oct. 29, 2020 (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 CEO Scott Harvard Re-Elected to FHLBank Atlanta Board
STRASBURG, Va., Oct. 14, 2020 (GLOBE NEWSWIRE) -- First Bank announced today that CEO Scott C. Harvard has been re-elected to the board of directors of the Federal Home Loan Bank of Atlanta (FHLBank A...
First National Corporation Reports Second Quarter 2020 Net Income
STRASBURG, Va., July 29, 2020 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), reported unaudit...
First National Corporation Reports First Quarter 2020 Net Income
STRASBURG, Va., April 29, 2020 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC) reported unaudited consolidated net income of $1.7 million, or $0.34 ...
First National Corporation Announces 22% Increase in Cash Dividend
STRASBURG, Va., Feb. 14, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of First National Corporation (Nasdaq: FXNC) declared a quarterly cash dividend of $0.11 per share on February 12, 2020. Thi...
First National Corporation Announces $5 Million Stock Repurchase Plan
STRASBURG, Va., Dec. 02, 2019 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ:FXNC), the parent company for First Bank, today announced that its board of d...
First National Corporation Announces Third Quarter Earnings
STRASBURG, Va., Oct. 23, 2019 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ:FXNC) reported net income of $2.5 million, or $0.50 per diluted share, for th...