First National (FXNC) Stock Price, News & Analysis

Company 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. 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. In addition, the company's loan products include commercial and industrial loans that are secured by business assets, such as accounts receivable, equipment, and inventory; home equity loans; and secured and unsecured consumer loans, such as lines of credit, automobile loans, deposit account loans, and installment and demand loans. Further, it provides wealth management services, including estate planning, investment management of assets, trustee under an agreement, trustee under a will, and estate settlement. Additionally, the company offers title insurance and investment services; and holds other real estate owned and office sites, as well as provides internet and mobile banking, remote deposit capture, and other traditional banking services. First National Corporation was founded in 1907 and is headquartered in Strasburg, Virginia.

Key Stats

• Today's Range: $21.59 to $22.61
• 50-Day Range: $21.30 to $24.01
• 52-Week Range: $18.26 to $26.97
• Volume: 13,008 shs
• Average Volume: 19,164 shs
• Market Capitalization: $196.97 million
• P/E Ratio: 21.91
• Dividend Yield: 2.83%
• Price Target: $28.50
• Consensus Rating: Hold

First National Stock Analysis - MarketRank™

First National scored higher than 71% of companies evaluated by MarketBeat, and ranked 464th out of 945 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: 3.2 / 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, 3 hold ratings, and no sell ratings.

Upside Potential

First National has a consensus price target of $28.50, representing about 30.1% upside from its current price of $21.91.

Amount of Analyst Coverage

First National has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 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 21.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 222.92.

Price to Earnings Ratio vs. Sector

The P/E ratio of First National is 21.91, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 32.03.

Price to Book Value per Share Ratio

First National has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.31% 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 10.3, which indicates bearish sentiment.

Change versus previous month

Short interest in First National has recently decreased by 13.78%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

First National pays a meaningful dividend of 2.77%, 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 62.00%. 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

2.31% 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 10.3, which indicates bearish sentiment.

Change versus previous month

Short interest in First National has recently decreased by 13.78%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: N/A

News Sentiment

First National has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for First National this week, compared to 1 article on an average week.

MarketBeat Follows

1 people have added First National to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, First National insiders have not sold or bought any 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 4.8% and is now trading at $21.91.

How were First National's earnings last quarter?

First National Corp. (NASDAQ:FXNC) issued its quarterly earnings data on Wednesday, April, 30th. The company reported $0.66 earnings per share for the quarter. The firm had revenue of $22.14 million for the quarter. First National had a trailing twelve-month return on equity of 10.53% and a net margin of 7.29%.

Who are First National's major shareholders?

Top institutional shareholders of First National include DAVENPORT & Co LLC (0.28%). Insiders that own company stock include James R Wilkins III, Scott C Harvard, George Edwin Holt III, Kirtesh Patel, Gerald F Smith Jr, Boyce E Brannock and Brad E Schwartz.
View institutional ownership trends.

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: 4/30/2025
• Record date for 9/12 Dividend: 8/29/2025
• Ex-Dividend for 9/12 Dividend: 8/29/2025
• Dividend Payable: 9/12/2025
• Today: 10/17/2025
• Next Earnings (Estimated): 11/07/2025
• 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: $28.50
• High Price Target: $28.50
• Low Price Target: $28.50
• Potential Upside/Downside: +30.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.00
• Trailing P/E Ratio: 21.91
• Forward P/E Ratio: 9.74
• P/E Growth: N/A
• Net Income: $6.97 million
• Net Margins: 7.29%
• Pretax Margin: 8.37%
• Return on Equity: 10.53%
• Return on Assets: 0.89%

Debt

• Debt-to-Equity Ratio: 0.18
• Current Ratio: 0.89
• Quick Ratio: 0.89

Sales & Book Value

• Annual Sales: $92.70 million
• Price / Sales: 2.12
• Cash Flow: $1.80 per share
• Price / Cash Flow: 12.20
• Book Value: $18.57 per share
• Price / Book: 1.18

Miscellaneous

• Outstanding Shares: 8,990,000
• Free Float: 7,702,000
• Market Cap: $196.97 million
• Optionable: Not Optionable
• Beta: 0.55