First National (FXNC) Stock Price, News & Analysis

Company Overview

First National Corporation (NASDAQ: FXNC) is a bank holding company headquartered in Frankfort, Kentucky, serving the financial needs of individuals, families and businesses throughout central Kentucky. Through its principal subsidiary, First National Bank, the company offers a comprehensive suite of banking products including checking and savings accounts, money market and certificate accounts, consumer and commercial lending, home mortgage financing, and electronic payment services.

Customers of First National Bank benefit from an integrated digital banking platform that supports online account management, mobile deposits, bill pay and remote deposit capture. Commercial clients have access to treasury management solutions, merchant card processing and a variety of credit facilities tailored for working capital, equipment acquisition and real estate development. The bank’s trust and wealth management division provides fiduciary services, investment advisory, estate planning and retirement planning aimed at high-net-worth individuals and families.

Tracing its roots to a local banking charter in the early 20th century, First National Corporation was organized as a holding company in the mid-1980s and has grown through strategic branch expansions and selective acquisitions in Franklin, Fayette, Scott and Woodford counties. Today, the company operates a network of branch offices and ATMs across the region, emphasizing community engagement and personalized service. First National has cultivated longstanding relationships with local businesses, agricultural enterprises and nonprofit organizations, reinforcing its role as a community partner.

The leadership team is led by President and Chief Executive Officer Stephen A. Long, whose banking career spans more than three decades in retail and commercial lending. Supporting him is an executive group that includes the Chief Financial Officer, Chief Risk Officer and heads of retail banking, wealth management and operations. First National’s board of directors comprises regional business leaders, legal professionals and community advocates who guide the company’s strategic direction and uphold its commitment to sound governance and risk management.

Key Stats

• Today's Range: $20.63 to $21.37
• 50-Day Range: $18.45 to $21.08
• 52-Week Range: $15.46 to $26.97
• Volume: 17,410 shs
• Average Volume: 22,035 shs
• Market Capitalization: $186.81 million
• P/E Ratio: 25.04
• Dividend Yield: 2.98%
• Price Target: $24.75
• Consensus Rating: Hold

First National Stock Analysis - MarketRank™

First National scored higher than 58% of companies evaluated by MarketBeat, and ranked 631st out of 903 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

First National has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

First National has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 6.67%

Earnings Growth

Earnings for First National are expected to grow by 6.67% in the coming year, from $2.25 to $2.40 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of First National is 25.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.91.

Price to Earnings Ratio vs. Sector

The P/E ratio of First National is 25.04, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 20.00.

Price to Book Value per Share Ratio

First National has a P/B Ratio of 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

1.23% of the float of First National has been sold short.

Short Interest Ratio / Days to Cover

First National has a short interest ratio ("days to cover") of 4.4.

Change versus previous month

Short interest in First National has recently increased by 10.63%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

First National pays a meaningful dividend of 2.98%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

First National has been increasing its dividend for 10 years.

Dividend Coverage

The dividend payout ratio of First National is 74.70%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, First National will have a dividend payout ratio of 25.83% next year. This indicates that First National will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.23% of the float of First National has been sold short.

Short Interest Ratio / Days to Cover

First National has a short interest ratio ("days to cover") of 4.4.

Change versus previous month

Short interest in First National has recently increased by 10.63%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: N/A
• News Sentiment: N/A

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, First National insiders have bought more of their company's stock than they have sold. Specifically, they have bought $39,220.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

14.32% of the stock of First National is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 33.92% of the stock of First National is held by institutions.

FXNC Stock Analysis - Frequently Asked Questions

How have FXNC shares performed this year?

First National's stock was trading at $23.01 on January 1st, 2025. Since then, FXNC shares have decreased by 9.7% and is now trading at $20.78.

How were First National's earnings last quarter?

First National Corp. (NASDAQ:FXNC) posted its quarterly earnings data on Thursday, February, 6th. The company reported $0.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.19. First National had a net margin of 5.36% and a trailing twelve-month return on equity of 10.04%.

How do I buy shares of First National?

Shares of FXNC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of First National own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First National investors own include Broadcom (AVGO), NVIDIA (NVDA), Arista Networks (ANET), Jabil (JBL), e.l.f. Beauty (ELF), Disc Medicine (IRON) and Adobe (ADBE).

Company Calendar

• Last Earnings: 2/06/2025
• Record date for 6/13 Dividend: 5/30/2025
• Ex-Dividend for 6/13 Dividend: 5/30/2025
• Dividend Payable: 6/13/2025
• Today: 7/10/2025
• Next Earnings (Estimated): 7/30/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - SOUTHEAST
• Sub-Industry: Banking
• Current Symbol: NASDAQ:FXNC
• CIK: 719402
• Web: www.fbvirginia.com
• Phone: (540) 465-9121
• Fax: 540-465-5946
• Employees: 210
• Year Founded: N/A

Price Target and Rating

• Average Price Target for First National: $24.75
• High Price Target: $28.50
• Low Price Target: $21.00
• Potential Upside/Downside: +19.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.83
• Trailing P/E Ratio: 25.04
• Forward P/E Ratio: 9.24
• P/E Growth: N/A
• Net Income: $6.97 million
• Net Margins: 5.36%
• Pretax Margin: 5.94%
• Return on Equity: 10.04%
• Return on Assets: 0.84%

Debt

• Debt-to-Equity Ratio: 0.18
• Current Ratio: 0.90
• Quick Ratio: 0.90

Sales & Book Value

• Annual Sales: $92.70 million
• Price / Sales: 2.02
• Cash Flow: $1.83 per share
• Price / Cash Flow: 11.33
• Book Value: $18.57 per share
• Price / Book: 1.12

Miscellaneous

• Outstanding Shares: 8,990,000
• Free Float: 7,700,000
• Market Cap: $186.81 million
• Optionable: Not Optionable
• Beta: 0.49