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

15.12USD+0.08 (+0.53%)Market Closed

Market Summary

USD15.12+0.08

Market Closed

0.53%

FXNC Stock Price

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FXNC RSI Chart

FXNC Valuation

Market Cap

94.4M

Price/Earnings (Trailing)

9.81

Price/Sales (Trailing)

1.64

EV/EBITDA

1.66

Price/Free Cashflow

5.76

FXNC Price/Sales (Trailing)

FXNC Profitability

EBT Margin

20.45%

Return on Equity

8.28%

Return on Assets

0.68%

Free Cashflow Yield

17.36%

FXNC Fundamentals

FXNC Revenue

Revenue (TTM)

57.7M

Rev. Growth (Yr)

11.16%

Rev. Growth (Qtr)

4.39%

FXNC Earnings

Earnings (TTM)

9.6M

Earnings Growth (Yr)

-117.81%

Earnings Growth (Qtr)

-127.27%

Breaking Down FXNC Revenue

Last 7 days

0.3%

Last 30 days

-14.8%

Last 90 days

-29.2%

Trailing 12 Months

1.3%

How does FXNC drawdown profile look like?

FXNC Financial Health

FXNC Investor Care

Dividend Yield

3.99%

Dividend/Share (TTM)

0.6

Buy Backs (1Y)

0.05%

Diluted EPS (TTM)

1.53

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
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
Feb 15, 2024	bell michael shane	acquired	-	-	1,496	evp/cfo
Feb 15, 2024	dysart dennis a	sold (taxes)	-11,061	18.94	-584	senior evp/coo
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
Feb 15, 2024	harvard scott c	acquired	-	-	3,143	president & ceo
Feb 09, 2024	bell michael shane	sold (taxes)	-3,837	19.58	-196	evp/cfo
Feb 09, 2024	harvard scott c	sold (taxes)	-7,597	19.58	-388	president & ceo
Feb 09, 2024	dysart dennis a	sold (taxes)	-4,229	19.58	-216	senior evp/coo
Feb 09, 2024	harvard scott c	acquired	-	-	1,098	president & ceo

Which funds bought or sold FXNC recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 11, 2024	RFG Advisory, LLC	unchanged	-	-104,398	309,200	0.01%
Apr 05, 2024	CWM, LLC	new	-	168,000	168,000	-%
Mar 11, 2024	VANGUARD GROUP INC	added	5.48	1,244,530	5,354,810	-%
Feb 14, 2024	Empowered Funds, LLC	added	9.48	60,469	241,099	0.01%
Feb 14, 2024	CITADEL ADVISORS LLC	new	-	273,158	273,158	-%
Feb 14, 2024	Royal Bank of Canada	sold off	-100	-4,000	-	-%
Feb 14, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	2.19	192,627	976,249	0.02%
Feb 14, 2024	Siena Capital Partners GP, LLC	reduced	-50.00	-3,577,840	6,880,460	2.16%
Feb 14, 2024	Fourthstone LLC	added	15.13	3,432,920	11,569,600	2.34%

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

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
Mar 29, 2024	10-K	Annual Report
Mar 29, 2024	ARS	ARS
Mar 29, 2024	DEF 14A	DEF 14A
Mar 26, 2024	425	Prospectus Filed
Mar 26, 2024	8-K	Current Report
Feb 16, 2024	8-K	Current Report
Feb 16, 2024	4	Insider Trading
Feb 16, 2024	4	Insider Trading
Feb 16, 2024	4	Insider Trading
Feb 15, 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	556.1B	171.1B	-0.89%	40.25%	11.22	3.25	60.72%	31.52%
BAC	301.8B	130.3B	3.99%	32.91%	11.38	2.32	79.51%	-3.68%
WFC	216.8B	85.7B	6.82%	49.45%	11.33	2.53	41.49%	39.96%
C	119.4B	133.3B	2.49%	30.42%	12.94	0.9	79.09%	-
CFG	16.3B	10.2B	0.65%	23.03%	10.13	1.6	44.53%	-22.43%
KEY	13.9B	7.9B	-1.71%	42.46%	14.42	1.76	46.47%	-49.56%
MID-CAP
CMA	7.0B	4.2B	1.67%	30.02%	7.96	1.68	56.25%	-23.46%
ZION	6.2B	3.9B	2.80%	57.76%	9.19	1.58	45.91%	-25.03%
ABCB	3.3B	1.3B	2.99%	50.41%	12.38	2.6	43.24%	-22.35%
ASB	3.2B	2.0B	3.49%	25.83%	17.62	1.65	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	414.5M	164.9M	-2.10%	42.66%	35.44	2.51	42.66%	-70.76%
AROW	380.2M	162.6M	-5.51%	7.64%	12.64	2.34	25.39%	-38.37%
ACNB	289.0M	96.6M	-4.81%	8.26%	9.12	2.99	11.02%	-11.37%
ASRV	47.3M	60.9M	2.22%	-5.80%	-14.14	0.78	24.06%	-144.92%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	4.4%	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	8.00
EBITDA Margin	-15.0%	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*	1.23*	-	-	-	-	-	-	-
Interest Expenses	1.2%	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	7.00
Income Taxes	-143.9%	-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	1.00
Earnings Before Taxes	-130.4%	-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	3.00
EBT Margin	-39.2%	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*	0.31*	-	-	-	-	-	-	-
Net Income	-127.3%	-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	2.00
Net Income Margin	-38.6%	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*	0.25*	-	-	-	-	-	-	-
Free Cashflow	47.3%	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	5.00	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	3.9%	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	753
Cash Equivalents	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	48.00	46.00	30.00	23.00	43.00	29.00
Net PPE	3.6%	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	20.00
Goodwill	0%	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	2.00	1.00	-	-	-	-	-	-	-	-	-	-
Liabilities	3.9%	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	686
Shareholder's Equity	3.8%	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	67.00
Retained Earnings	-1.9%	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	55.00
Additional Paid-In Capital	0.3%	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	7.00
Shares Outstanding	0.0%	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	47.3%	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	3,475
Share Based Compensation	-73.7%	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	19.00
Cashflow From Investing	9.2%	-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	458
Cashflow From Financing	686.0%	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	3,247
Dividend Payments	-0.1%	897	898	900	901	834	828	829	817	707	706	547	545	498	499	498	512	417	420	419	418	232
Buy Backs	-	386	-	-	25.00	183	-	-	-	-	-37.00	37.00	-	2,118	-	-1,910	1,910	52.00	-	-18.00	18.00	2.00

FXNC Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Interest and Dividend Income
Interest and fees on loans	$ 49,293	$ 41,720
Interest on deposits in banks	1,809	1,223
Interest and dividends on securities:
Taxable interest	5,286	5,131
Tax-exempt interest	1,220	1,229
Dividends	111	92
Total interest and dividend income	57,719	49,395
Interest Expense
Interest on deposits	13,660	3,273
Interest on federal funds purchased	1	0
Interest on subordinated debt	277	277
Interest on junior subordinated debt	271	270
Interest on other borrowings	97	0
Total interest expense	14,306	3,820
Net interest income	43,413	45,575
Provision for credit losses	6,150	1,850
Net interest income after provision for credit losses	37,263	43,725
Noninterest Income
Noninterest income	10,238	10,069
Income from bank owned life insurance	627	597
Net (losses) on securities available for sale	0	(2,004)
Net gains (losses) on disposal of premises and equipment	47	(29)
Gain on sale of other investment	186	2,885
Other operating income	686	1,103
Total noninterest income	11,784	12,621
Noninterest Expense
Salaries and employee benefits	21,039	20,709
Occupancy	2,154	2,218
Equipment	2,377	2,300
Marketing	910	813
Supplies	576	528
Legal and professional fees	1,647	1,414
ATM and check card expenses	1,578	1,370
FDIC assessment	633	463
Bank franchise tax	1,040	930
Data processing expense	1,047	989
Amortization expense	18	19
Other real estate (gain) loss and expense, net	(199)	(106)
Other operating expense	4,422	3,950
Total noninterest expense	37,242	35,597
Income before income taxes	11,805	20,749
Income tax expense	2,181	3,952
Net income	$ 9,624	$ 16,797
Earnings per common share
Basic (in dollars per share)	$ 1.54	$ 2.69
Diluted (in dollars per share)	$ 1.53	$ 2.68
Deposit Account [Member]
Noninterest Income
Noninterest income	$ 2,780	$ 2,677
Credit and Debit Card [Member]
Noninterest Income
Noninterest income	3,449	3,300
Asset Management [Member]
Noninterest Income
Noninterest income	3,120	3,008
Financial Service, Other [Member]
Noninterest Income
Noninterest income	770	839
Mortgage Banking [Member]
Noninterest Income
Noninterest income	$ 119	$ 245

FXNC Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 17,194	$ 20,784
Interest-bearing deposits in banks	69,967	46,130
Securities available for sale, at fair value	152,857	162,907
Securities held to maturity, at amortized cost (net of allowance for credit losses of $107 at December 31, 2023)	148,244	153,158
Restricted securities, at cost	2,078	1,908
Loans, net of allowance for credit losses, 2023, $11,974, 2022, $7,446	957,456	913,077
Other real estate owned, net of valuation allowance, 2023, $0, 2022, $13	0	184
Premises and equipment, net	22,142	21,876
Accrued interest receivable	4,655	4,543
Bank owned life insurance	24,902	24,531
Core deposit intangibles, net	117	136
Goodwill	3,030	3,030
Other assets	16,653	17,119
Total assets	1,419,295	1,369,383
Liabilities
Noninterest-bearing demand deposits	379,208	427,344
Savings and interest-bearing demand deposits	662,169	677,139
Time deposits	192,349	136,849
Total deposits	1,233,726	1,241,332
Other borrowings	50,000	0
Subordinated debt	4,997	4,995
Junior subordinated debt	9,279	9,279
Accrued interest payable and other liabilities	5,022	5,417
Total liabilities	1,303,024	1,261,023
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, 2023, 6,263,102 shares, 2022, 6,264,912 shares	7,829	7,831
Surplus	32,950	32,716
Retained earnings	94,198	90,284
Accumulated other comprehensive (loss), net	(18,706)	(22,471)
Total shareholders’ equity	116,271	108,360
Total liabilities and shareholders’ equity	$ 1,419,295	$ 1,369,383

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 Wed Apr 24 2024, market cap of First National Corp-VA is 94.41 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 Wed Apr 24 2024, FXNC's PE ratio (Price to Earnings) is 9.81 and Price to Sales (PS) ratio is 1.64. 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.