First National (FXNC) Expected to Announce Earnings on Wednesday

First National (NASDAQ:FXNC - Get Free Report) is expected to release its Q2 2025 earnings data before the market opens on Wednesday, July 30th. Analysts expect the company to announce earnings of $0.49 per share and revenue of $22.30 million for the quarter.

First National Stock Up 0.0%

Shares of NASDAQ FXNC traded up $0.01 during mid-day trading on Friday, hitting $21.75. 14,382 shares of the stock traded hands, compared to its average volume of 70,564. The company has a market cap of $195.53 million, a price-to-earnings ratio of 26.20 and a beta of 0.49. The stock has a fifty day moving average price of $20.12 and a 200-day moving average price of $21.64. First National has a 52 week low of $16.22 and a 52 week high of $26.97. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.90 and a current ratio of 0.90.

First National Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were issued a dividend of $0.155 per share. This represents a $0.62 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date of this dividend was Friday, May 30th. First National's dividend payout ratio (DPR) is presently 74.70%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of FXNC. Empowered Funds LLC grew its stake in shares of First National by 6.8% in the first quarter. Empowered Funds LLC now owns 15,089 shares of the company's stock worth $339,000 after acquiring an additional 959 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in First National by 157.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 40,744 shares of the company's stock worth $915,000 after purchasing an additional 24,931 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in First National during the 1st quarter valued at about $598,000. 33.92% of the stock is currently owned by institutional investors.

First National Company Profile

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.