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FXNC

First National NasdaqCM:FXNC Stock Report

Last Price

US$17.49

Market Cap

US$109.6m

7D

1.9%

1Y

-21.2%

Updated

07 Feb, 2023

Data

Company Financials +

First National Corporation

NasdaqCM:FXNC Stock Report

Mkt Cap: US$109.6m

FXNC Stock Overview

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.

FXNC fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends3/6

My Notes

New

Notes are coming soon

First National Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for First National
Historical stock prices
Current Share PriceUS$17.49
52 Week HighUS$22.19
52 Week LowUS$13.45
Beta0.61
1 Month Change-0.058%
3 Month Change-3.58%
1 Year Change-21.18%
3 Year Change-16.64%
5 Year Change-5.20%
Change since IPO233.14%

Recent News & Updates

Recent updates

First National goes ex-dividend tomorrow

Aug 24

First National GAAP EPS of $0.61, revenue of $14.07M

Jul 26

First National (NASDAQ:FXNC) Has Announced That It Will Be Increasing Its Dividend To US$0.14

May 17
First National (NASDAQ:FXNC) Has Announced That It Will Be Increasing Its Dividend To US$0.14

First National's (NASDAQ:FXNC) Dividend Will Be Increased To US$0.14

Feb 15
First National's (NASDAQ:FXNC) Dividend Will Be Increased To US$0.14

First National goes ex-dividend tomorrow

May 26

Here's Why I Think First National (NASDAQ:FXNC) Is An Interesting Stock

May 04
Here's Why I Think First National (NASDAQ:FXNC) Is An Interesting Stock

First National reports Q1 results

Apr 30

Gerald Smith Is The Independent Vice Chairman & Secretary of the Board of First National Corporation (NASDAQ:FXNC) And They Just Picked Up 3.3% More Shares

Mar 21
Gerald Smith Is The Independent Vice Chairman & Secretary of the Board of First National Corporation (NASDAQ:FXNC) And They Just Picked Up 3.3% More Shares

How Does First National Corporation (NASDAQ:FXNC) Stand Up To These Simple Dividend Safety Checks?

Mar 12
How Does First National Corporation (NASDAQ:FXNC) Stand Up To These Simple Dividend Safety Checks?

Is First National's (NASDAQ:FXNC) Share Price Gain Of 100% Well Earned?

Feb 04
Is First National's (NASDAQ:FXNC) Share Price Gain Of 100% Well Earned?

First National reports Q4 results

Jan 29

First National goes ex-dividend tomorrow

Dec 17

First National (NASDAQ:FXNC) Could Be A Buy For Its Upcoming Dividend

Dec 14
First National (NASDAQ:FXNC) Could Be A Buy For Its Upcoming Dividend

How Much Does First National's (NASDAQ:FXNC) CEO Make?

Nov 23
How Much Does First National's (NASDAQ:FXNC) CEO Make?

First National reports Q3 results

Oct 29

Shareholder Returns

FXNCUS BanksUS Market
7D1.9%1.5%0.9%
1Y-21.2%-18.0%-10.9%

Return vs Industry: FXNC underperformed the US Banks industry which returned -15.5% over the past year.

Return vs Market: FXNC underperformed the US Market which returned -9.6% over the past year.

Price Volatility

Is FXNC's price volatile compared to industry and market?
FXNC volatility
FXNC Average Weekly Movement3.4%
Banks Industry Average Movement3.8%
Market Average Movement6.7%
10% most volatile stocks in US Market17.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: FXNC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: FXNC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1907n/aScott Harvardhttps://www.fbvirginia.com

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; 1-4 family residential real estate loans; and commercial real estate loans that are secured by commercial real estate, including multi-family residential buildings, office and retail buildings, hotels, industrial buildings, and religious facilities.

First National Corporation Fundamentals Summary

How do First National's earnings and revenue compare to its market cap?
FXNC fundamental statistics
Market CapUS$109.57m
Earnings (TTM)US$16.80m
Revenue (TTM)US$56.38m

6.5x

P/E Ratio

1.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FXNC income statement (TTM)
RevenueUS$56.38m
Cost of RevenueUS$0
Gross ProfitUS$56.38m
Other ExpensesUS$39.58m
EarningsUS$16.80m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.68
Gross Margin100.00%
Net Profit Margin29.80%
Debt/Equity Ratio13.2%

How did FXNC perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

21%

Payout Ratio