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FXNCFirst National Corporation
$30.42$275M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
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FXNC logo

First National Corporation

FXNC
NASDAQ · Regional Banks
$30.42
At close - Nov 6, 4:00 PM EST - USD
Market Cap$275M
P/E12.0x
52W High$33.24
Volume11.99K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Earnings Rebuild Lifts FXNC, But Thin Margins Demand Scrutiny

FXNC's quarterly net interest income nearly doubled from $11.5M in 2Q24 to $21.2M in 3Q26, and its efficiency ratio improved from 86.8% in 1Q25 to 66.0% in 3Q26, suggesting operating leverage is taking hold as the balance sheet expanded toward roughly $2.1B in total assets.

GrowthExpanding
ProfitabilityModerate
ValuationAttractive
TechnicalsHealthy
Explore valuation models
MARKET ACTION

FXNC price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

7/12 Beats

EPS beat 7 of last 12 quarters

02

Valuation risk

In Line

P/E is in line with peer median

03

Market leadership

RS 72 · Avg

Average momentum (RS Rating: 72)

04

Healthy Uptrend

Uptrend

Price > 50DMA > 200DMA

Next CatalystEstimated earnings · Jan 23

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
FXNC+26.04%
S&P 500 (^GSPC)+7.63%
1-Year Return
FXNC+35.51%
S&P 500 (^GSPC)+9.69%
3-Year Return
FXNC+72.31%
S&P 500 (^GSPC)+69.13%
5-Year Return
FXNC+46.45%
S&P 500 (^GSPC)+57.12%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
12.0x
Forward P/EExpansion
11.6x
EV/EBITDA50th %ile
3.7x
FCF YieldCash Flow
7.5%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
12.0x
12.9x
20th· Low
EV/EBITDA
3.7x
4.1x
50th· Fair
Price/FCF
13.3x
10.8x
75th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$86M+33.5% YoY
Net income FY25
$18M+154.1% YoY
Free cash flow FY25
$21M+182.4% YoY
Operating margin FY25
25.5%+13.0 pts YoY
ROIC (FY25)7.7%
Avg ROIC 5Y7.4%
ROE (TTM)12.1%
Piotroski Score7 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate7/12 (64%)
Revenue Beat Rate4/12 (44%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Oct 23, 2026
$0.76+20.4%
vs $0.63
$25M+4.2%
vs $24M
Q3 2026
Jul 29, 2026
$0.63+6.8%
vs $0.59
$24M+2.3%
vs $23M
Q2 2026
Apr 30, 2026
$0.54+3.8%
vs $0.52
$23M-3.4%
vs $23M
Q1 2026
Jan 29, 2026
$0.62+3.3%
vs $0.60
$24M+6.1%
vs $23M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Zacks Investment Research·Oct 23, 2026
FIRST NAT CP (FXNC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

The headline numbers for FIRST NAT CP (FXNC) give insight into how the company performed in the quarter ended September 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Zacks Investment Research·Oct 23, 2026
First National Corp. (FXNC) Tops Q3 Earnings and Revenue Estimates

First National Corp. (FXNC) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.58 per share a year ago.

GlobeNewsWire·Oct 23, 2026
First National Corporation Reports Record Third Quarter and Year to Date 2026 Financial Performance

STRASBURG, Va., Oct. 23, 2026 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), reported consolidated net income of $6.9 million and basic and diluted earnings per common share of $0.76, for the three months ended September 30, 2026.

Newsfile Corp·Oct 13, 2026
Three First Nations Members Consent to be Members of Ring of Fire Steering Committee Guiding the Path Forward

Toronto, Ontario--(Newsfile Corp. - October 13, 2026) - The Canadian Chrome Company Inc., (CSE: CACR) (CSE: CACR.A) formerly known as KWG Resources Inc. ("CCC" or the "Company"), is pleased to announce that three respected members of First Nations have consented to serve as inaugural members of a steering committee to advise on First Nations participation in developments in the region which will help guide the Company on any sale or similar transaction involving the Company's Ring of Fire assets. The committee has not been formed by any First Nation, and it does not bind any First Nation.

Filtered for First National CorporationMore Headlines
04

Compare before deciding

Benchmark FXNC against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for First National Corporation (FXNC)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
FXNC logoFXNCFirst National CorporationCurrent
$30.42$275.03M12.0033.46%24.12%12.06%2.01%
NKSH logoNKSHNational Bankshares, Inc.
$39.19$249.58M11.6722.5%45%11.54%3.85%
CZWI logoCZWICitizens Community Bancorp, Inc.
$23.38$225.48M16.12-9.39%28.36%7.64%1.59%
MNSB logoMNSBMainStreet Bancshares, Inc.
$22.11$157.37M9.5812.18%22.04%7.61%1.8%
FBIZ logoFBIZFirst Business Financial Services, Inc.
$74.18$620.31M10.609.89%31.92%14.87%1.6%
FUNC logoFUNCFirst United Corporation
$45.92$296.36M11.748.34%26.97%12.11%2%

Compare FXNC vs Peers

First National Corporation (FXNC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NKSH

Most directly comparable listed peer for FXNC.

Scale Benchmark

vs NTRS

Larger-name benchmark to compare FXNC against a more recognizable public peer.

Peer Set

Compare Top 5

vs NKSH, CZWI, MNSB, FBIZ

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

FXNC SEC Filings & Documents

First National Corporation (FXNC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Oct 23, 2026·SEC

Material company update

Jul 29, 2026·SEC

Material company update

May 14, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 25, 2026·SEC

FY 2025

Mar 31, 2025·SEC

FY 2024

Mar 29, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 13, 2026·SEC

FY 2025

Nov 14, 2025·SEC

FY 2025

Aug 13, 2025·SEC

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FXNC Frequently Asked Questions

First National Corporation (FXNC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is First National Corporation growing?

First National Corporation (FXNC) grew revenue by 10.0% over the trailing twelve months, compared with the twelve months before.

Is FXNC profitable?

Yes. First National Corporation (FXNC) earned $23.0M in net income over the trailing twelve months (a 24.1% net margin).

Dividend & Returns
Does FXNC pay dividends?

Yes. First National Corporation (FXNC) pays a dividend that yields 2.01% at the current price, a moderate yield.

What is FXNC's return on equity?

First National Corporation (FXNC) had a return on equity (ROE) of 12.1% over the trailing twelve months. That is in line with the market's typical 10-15%.

Industry Metrics
What is First National Corporation's net interest margin?

First National Corporation (FXNC) has a net interest margin (NIM) of 3.6%. This indicates healthy earnings from lending activities.

What is First National Corporation's efficiency ratio?

First National Corporation (FXNC) has an efficiency ratio of 71.1%. This is higher than peers, suggesting room for cost optimization.

What if you invested $1,000 in FXNC back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →