FXNC - First National Corp-VA Stock Price, Fair Value and News

15.52USD+0.06 (+0.39%)Delayed

Market Summary

USD15.52+0.06

Delayed

0.39%

FXNC Alerts

3 major insider buys recently.

FXNC Stock Price

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FXNC RSI Chart

FXNC Valuation

Market Cap

97.4M

Price/Earnings (Trailing)

10.84

Price/Sales (Trailing)

1.61

EV/EBITDA

1.75

Price/Free Cashflow

5.89

FXNC Price/Sales (Trailing)

FXNC Profitability

EBT Margin

18.28%

Return on Equity

7.63%

Return on Assets

0.62%

Free Cashflow Yield

16.98%

FXNC Fundamentals

FXNC Revenue

Revenue (TTM)

60.5M

Rev. Growth (Yr)

20.74%

Rev. Growth (Qtr)

6.94%

FXNC Earnings

Earnings (TTM)

9.0M

Earnings Growth (Yr)

-16.63%

Earnings Growth (Qtr)

477.09%

Breaking Down FXNC Revenue

Last 7 days

1.8%

Last 30 days

3.5%

Last 90 days

-18.3%

Trailing 12 Months

5.8%

How does FXNC drawdown profile look like?

FXNC Financial Health

FXNC Investor Care

Dividend Yield

3.87%

Dividend/Share (TTM)

0.6

Shares Dilution (1Y)

0.21%

Diluted EPS (TTM)

1.43

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	60.5M	0	0	0
2023	51.9M	54.3M	56.2M	57.7M
2022	40.1M	43.9M	46.3M	49.4M
2021	32.8M	32.6M	34.6M	37.1M
2020	33.0M	33.1M	33.1M	32.9M
2019	31.8M	32.4M	32.8M	32.9M
2018	28.4M	29.3M	30.2M	31.1M
2017	25.6M	26.1M	26.8M	27.7M
2016	23.4M	24.3M	24.8M	25.2M
2015	20.5M	20.8M	21.4M	22.2M
2014	20.7M	20.4M	20.3M	20.4M
2013	22.6M	22.1M	21.6M	21.2M
2012	25.4M	24.8M	24.1M	23.4M
2011	26.8M	26.5M	26.1M	25.6M
2010	0	27.3M	27.3M	27.2M
2009	0	0	0	27.4M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of First National Corp-VA

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 08, 2024	holt george edwin iii	bought	5,934	15.2962	388	-
May 07, 2024	holt george edwin iii	bought	3,058	15.37	199	-
May 02, 2024	wilkins iii james r	bought	63,904	15.0117	4,257	-
May 02, 2024	harvard scott c	bought	14,900	14.9	1,000	president & ceo
May 02, 2024	aikens jason c	bought	15,229	15.2294	1,000	-
May 02, 2024	holt george edwin iii	bought	8,805	14.75	597	-
Feb 15, 2024	bell michael shane	acquired	-	-	1,496	evp/cfo
Feb 15, 2024	bell michael shane	sold (taxes)	-10,019	18.94	-529	evp/cfo
Feb 15, 2024	harvard scott c	sold (taxes)	-21,042	18.94	-1,111	president & ceo
Feb 15, 2024	dysart dennis a	acquired	-	-	1,653	senior evp/coo

Which funds bought or sold FXNC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	STATE STREET CORP	unchanged	-	-62,614	185,445	-%
May 15, 2024	MORGAN STANLEY	reduced	-86.87	-15,080	1,647	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	sold off	-100	-21,163	-	-%
May 15, 2024	Siena Capital Partners GP, LLC	unchanged	-	-1,736,720	5,143,740	1.71%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-87.34	-4,667	488	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	1.95	-232,191	744,058	0.01%
May 15, 2024	CITADEL ADVISORS LLC	sold off	-100	-273,158	-	-%
May 14, 2024	NORTHERN TRUST CORP	reduced	-7.05	-71,825	163,576	-%
May 14, 2024	Cutler Capital Management, LLC	reduced	-0.83	-1,140,510	3,269,200	1.28%
May 14, 2024	Petiole USA ltd	unchanged	-	-1,709,810	5,064,010	3.96%

Are Funds Buying or Selling FXNC?

Are funds buying FXNC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FXNC

No. of Funds

FXNC Alerts

3 major insider buys recently.

Unveiling First National Corp-VA's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	fourthstone llc	8.50%	531,935	SC 13G/A
Feb 14, 2024	siena capital partners gp, llc	5.05%	316,343	SC 13G
Jul 19, 2023	wilkins iii james r	6.6%	415,712	SC 13D/A
Feb 14, 2023	fourthstone llc	9.97%	624,241	SC 13G/A
Feb 10, 2023	siena capital partners gp, llc	5.05%	316,343	SC 13G/A
Dec 21, 2022	smith gerald f jr	5.84%	365,795	SC 13D/A
Mar 29, 2022	smith gerald f jr	6.29%	391,545	SC 13D
Mar 29, 2022	gerald f. smith irrevocable trust f/b/o gerald f. smith, jr. dated 9/30/02	0.00%	0	SC 13G/A
Feb 14, 2022	fourthstone llc	8.27%	514,645	SC 13G/A
Jan 25, 2022	siena capital partners gp, llc	5.1%	313,157	SC 13G/A

Recent SEC filings of First National Corp-VA

View All Filings

Date Filed	Form Type	Document
May 16, 2024	4	Insider Trading
May 15, 2024	4	Insider Trading
May 14, 2024	10-Q	Quarterly Report
May 14, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 09, 2024	4	Insider Trading
May 09, 2024	8-K	Current Report
May 08, 2024	8-K	Current Report
May 07, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading

Peers (Alternatives to First National Corp-VA)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

First National Corp-VA News

Latest updates

First National Corp-VA Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	6.9%	16.00	15.00	15.00	14.00	14.00	14.00	13.00	12.00	11.00	11.00	10.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00
EBITDA Margin	-6.4%	0.92*	0.98*	1.16*	1.25*	1.32*	1.37*	1.35*	1.33*	1.34*	1.32*	1.38*	1.37*	1.31*	1.27*	-	-	-	-	-	-	-
Interest Expenses	0.4%	11.00	11.00	11.00	11.00	11.00	12.00	12.00	11.00	11.00	10.00	10.00	7.00	8.00	7.00	8.00	7.00	7.00	7.00	7.00	7.00	7.00
Income Taxes	349.5%	1.00	-0.32	1.00	1.00	1.00	1.00	1.00	1.00	1.00	0.00	1.00	1.00	1.00	1.00	0.00	1.00	0.00	1.00	1.00	0.00	1.00
Earnings Before Taxes	442.2%	4.00	-1.17	4.00	4.00	5.00	6.00	5.00	5.00	5.00	3.00	3.00	4.00	3.00	4.00	2.00	3.00	2.00	3.00	3.00	3.00	3.00
EBT Margin	-10.6%	0.18*	0.20*	0.34*	0.38*	0.40*	0.42*	0.38*	0.34*	0.36*	0.35*	0.41*	0.41*	0.36*	0.33*	-	-	-	-	-	-	-
Net Income	477.1%	3.00	-0.85	3.00	4.00	4.00	5.00	4.00	4.00	4.00	2.00	2.00	3.00	2.00	3.00	2.00	2.00	2.00	3.00	2.00	2.00	2.00
Net Income Margin	-11.0%	0.15*	0.17*	0.27*	0.31*	0.33*	0.34*	0.31*	0.28*	0.29*	0.28*	0.33*	0.33*	0.29*	0.27*	-	-	-	-	-	-	-
Free Cashflow	-7.4%	5.00	5.00	3.00	3.00	5.00	10.00	5.00	4.00	9.00	-4.47	13.00	-5.63	5.00	6.00	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.0%	1,447	1,419	1,366	1,374	1,372	1,369	1,384	1,415	1,418	1,389	1,356	268	1,028	951	943	942	816	800	777	778	775
Cash Equivalents	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	48.00	46.00	30.00	23.00	43.00
Net PPE	-0.7%	22.00	22.00	21.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00	19.00	19.00	19.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00
Goodwill	0%	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	2.00	1.00	-	-	-	-	-	-	-	-	-
Liabilities	2.0%	1,329	1,303	1,254	1,261	1,261	1,261	1,285	1,314	1,311	1,272	1,239	936	942	866	860	861	738	723	702	706	705
Shareholder's Equity	1.3%	118	116	112	113	112	108	99.00	100	107	117	117	89.00	86.00	85.00	82.00	81.00	79.00	77.00	75.00	73.00	70.00
Retained Earnings	2.4%	96.00	94.00	96.00	94.00	91.00	90.00	86.00	83.00	80.00	77.00	76.00	74.00	71.00	69.00	67.00	65.00	64.00	63.00	60.00	58.00	57.00
Additional Paid-In Capital	0.2%	33.00	33.00	33.00	33.00	33.00	33.00	33.00	32.00	32.00	32.00	32.00	6.00	6.00	6.00	6.00	6.00	6.00	8.00	8.00	8.00	8.00
Shares Outstanding	0.2%	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	5.00	5.00	5.00	-	-	-	-	-	-	-
Float	-	-	-	-	85.00	-	-	-	95.00	-	-	-	83.00	-	-	-	59.00	-	-	-	90.00	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-7.4%	4,703	5,080	3,448	3,309	4,553	9,935	4,563	3,650	8,624	-4,471	12,924	-5,635	5,050	6,013	4,966	726	3,386	4,957	2,660	1,085	3,149
Share Based Compensation	97.2%	142	72.00	274	69.00	338	57.00	187	56.00	485	54.00	181	45.00	74.00	36.00	86.00	36.00	132	24.00	91.00	25.00	43.00
Cashflow From Investing	242.8%	22,412	-15,692	-17,290	-8,518	7,155	6,714	-22,298	-31,509	-73,047	30,283	-87,403	-40,084	-29,100	-4,493	10,077	-63,422	-12,648	-9,963	9,275	-20,898	-7,308
Cashflow From Financing	-48.7%	24,433	47,674	-8,135	-516	-821	-25,520	-30,895	2,484	38,207	35,553	60,873	-2,296	73,015	3,571	-1,116	122,885	11,567	20,418	-4,632	188	18,236
Dividend Payments	0.3%	900	897	898	900	901	834	828	829	817	707	706	547	545	498	499	498	512	417	420	419	418
Buy Backs	-100.0%	-	386	-	-	25.00	183	-	-	-	-	-37.00	37.00	-	2,118	-	-1,910	1,910	52.00	-	-18.00	18.00

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FXNC Income Statement

2024-03-31

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest and Dividend Income
Interest and fees on loans	$ 13,484	$ 11,512
Interest on deposits in banks	1,288	344
Interest and dividends on securities:
Taxable interest	1,224	1,339
Tax-exempt interest	305	306
Dividends	33	27
Total interest and dividend income	16,334	13,528
Interest Expense
Interest on deposits	4,771	2,216
Interest on subordinated debt	69	69
Interest on junior subordinated debt	68	67
Interest on other borrowings	576	0
Total interest expense	5,484	2,352
Net interest income	10,850	11,176
Provision for credit losses	1,000	0
Net interest income after provision for credit losses	9,850	11,176
Noninterest Income
Noninterest income	2,540	2,418
Income from bank owned life insurance	151	149
Other operating income	1,356	211
Total noninterest income	4,047	2,778
Noninterest Expense
Salaries and employee benefits	5,871	5,346
Occupancy	535	528
Equipment	591	587
Marketing	195	268
Supplies	116	148
Legal and professional fees	452	343
ATM and check card expense	361	400
FDIC assessment	177	106
Bank franchise tax	262	254
Data processing expense	246	202
Amortization expense	4	5
Other real estate owned expense, net	0	3
Net losses on disposal of premises and equipment	49	(2)
Other operating expense	1,028	1,010
Total noninterest expense	9,887	9,200
Income before income taxes	4,010	4,754
Income tax expense	801	905
Net income	$ 3,209	$ 3,849
Earnings per common share
Basic (in dollars per share)	$ 0.51	$ 0.61
Diluted (in dollars per share)	$ 0.51	$ 0.61
Deposit Account [Member]
Noninterest Income
Noninterest income	$ 654	$ 646
Credit and Debit Card [Member]
Noninterest Income
Noninterest income	770	800
Asset Management [Member]
Noninterest Income
Noninterest income	883	776
Financial Service, Other [Member]
Noninterest Income
Noninterest income	195	196
Mortgage Banking [Member]
Noninterest Income
Noninterest income	$ 38	$ 0

FXNC Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 14,476	$ 17,194
Interest-bearing deposits in banks	124,233	69,967
Securities available for sale, at fair value	147,675	152,857
Securities held to maturity, at amortized cost (net of allowance for credit losses of $116 at March 31, 2024)	125,825	148,244
Restricted securities, at cost	2,112	2,078
Loans, net of allowance for credit losses, 2024, $12,603; 2023, $11,974	960,371	957,456
Premises and equipment, net	21,993	22,142
Accrued interest receivable	4,978	4,655
Bank owned life insurance	24,652	24,902
Goodwill	3,030	3,030
Core deposit intangibles, net	113	117
Other assets	17,737	16,653
Total assets	1,447,195	1,419,295
Liabilities
Noninterest-bearing demand deposits	384,092	379,208
Savings and interest-bearing demand deposits	677,458	662,169
Time deposits	197,587	192,349
Total deposits	1,259,137	1,233,726
Other borrowings	50,000	50,000
Subordinated debt, net of issuance cost	4,998	4,997
Junior subordinated debt	9,279	9,279
Accrued interest payable and other liabilities	5,965	5,022
Total liabilities	1,329,379	1,303,024
Commitments and contingencies
Shareholders’ Equity
Preferred stock, par value $1.25 per share; authorized 1,000,000 shares; none issued and outstanding	0	0
Common stock, par value $1.25 per share; authorized 8,000,000 shares; issued and outstanding, 2024, 6,277,373 shares; 2023, 6,263,102 shares	7,847	7,829
Surplus	33,021	32,950
Retained earnings	96,465	94,198
Accumulated other comprehensive loss, net	(19,517)	(18,706)
Total shareholders’ equity	117,816	116,271
Total liabilities and shareholders’ equity	$ 1,447,195	$ 1,419,295

About First National Corp-VA

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. The company's loan products also 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. In addition, it provides wealth management services, including estate planning, investment management of assets, trustee under an agreement, trustee under a will, and estate settlement. Further, 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.

CEO	Mr. Scott C. Harvard
WEBSITE	fbvirginia.com
INDUSTRY	Banks Diversified

First National Corp-VA Frequently Asked Questions

What is the ticker symbol for First National Corp-VA? What does FXNC stand for in stocks?

FXNC is the stock ticker symbol of First National Corp-VA. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of First National Corp-VA (FXNC)?

As of Fri May 17 2024, market cap of First National Corp-VA is 97.42 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FXNC stock?

You can check FXNC's fair value in chart for subscribers.

What is the fair value of FXNC stock?

You can check FXNC's fair value in chart for subscribers. The fair value of First National Corp-VA is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of First National Corp-VA is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FXNC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is First National Corp-VA a good stock to buy?

The fair value guage provides a quick view whether FXNC is over valued or under valued. Whether First National Corp-VA is cheap or expensive depends on the assumptions which impact First National Corp-VA's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FXNC.

What is First National Corp-VA's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, FXNC's PE ratio (Price to Earnings) is 10.84 and Price to Sales (PS) ratio is 1.61. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FXNC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on First National Corp-VA's stock?

In the past 10 years, First National Corp-VA has provided 0.144 (multiply by 100 for percentage) rate of return.