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First National Corp

First National Corp

FXNC · NASDAQ · Financial Services / Banks - Regional

30.02USD-0.25 (-0.83%)

Price History

Full chart

Market Stats

Previous Close30.27
Open30.17
Day Range29.76 – 30.29
52-Week Range21.06 – 33.06
Volume16.45K
Market Cap265.67M
P/E (TTM)12.29
Forward P/E8.09
EPS2.39
Dividend Yield2.30%
Beta0.41
50-Day Avg30.90
200-Day Avg28.25

About

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 also comprise construction loans, including residential and land development loans; 1-4 family residential real estate loans; and commercial real estate loans that are secured by commercial real estate, such as multi-family residential buildings, industrial and warehouse buildings, hotels, and religious facilities. In addition, the company's loan products include commercial and industrial loans; home equity loans; consumer loans, such as lines of credit, automobile loans, and unsecured loans. Further, it provides wealth management services comprising 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.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Scott C. Harvard
  • Employees308
  • Headquarters112 West King Street, Strasburg, VA, United States, 22657, USA
  • Websitehttps://www.fbvirginia.com

Leadership

  • Mr. Scott C. HarvardPresident, CEO & Director · b. 1955
  • Mr. James R. Wilkins IIIIndependent Vice Chair & Secretary · b. 1969
  • Mr. Brad E. Schwartz CPAExecutive VP & CFO · b. 1963
  • Mr. Dennis A. DysartSenior EVP & COO · b. 1972
  • Mr. W. Todd RossMarket President
  • Mr. Joe A. ShearinPresident of Greater Richmond Market · b. 1956
  • Mr. Chris LayneSVP of Regional Market Executive

Financials

Income Statement

Currency: USD1995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue5.54M5.86M6.84M8.69M16.34M18.35M18.89M19.60M21.36M24.95M30.38M38.12M41.57M36.86M32.99M32.45M30.79M29.95M27.16M27.18M29.52M32.86M35.14M39.49M40.55M40.10M46.17M60.67M67.88M88.27M112.20M
Growth (%)-+5.94%+16.57%+27.11%+88.00%+12.35%+2.94%+3.75%+8.98%+16.80%+21.77%+25.45%+9.07%-11.33%-10.51%-1.64%-5.13%-2.70%-9.34%+0.09%+8.62%+11.31%+6.92%+12.37%+2.70%-1.12%+15.15%+31.41%+11.87%+30.04%+27.11%
Cost of Revenue4.73M5.22M5.96M7.44M8.18M9.70M9.09M8.06M7.47M8.03M10.62M15.77M17.80M14.79M11.38M18.55M17.83M7.72M2.28M-2.07M1.34M1.98M2.49M4.11M5.34M6.38M1.65M5.67M20.46M31.72M29.14M
Gross Profit803.24K647.90K878.47K1.25M8.16M8.65M9.80M11.54M13.89M16.92M19.76M22.35M23.77M22.08M21.61M13.91M12.96M22.23M24.87M29.25M28.18M30.88M32.65M35.37M35.22M33.71M44.52M55.01M47.42M56.55M83.07M
Gross Margin14.51%11.05%12.85%14.38%49.94%47.14%51.86%58.89%65.01%67.82%65.03%58.63%57.19%59.89%65.49%42.85%42.08%74.22%91.59%107.62%95.46%93.97%92.93%89.59%86.84%84.08%96.42%90.66%69.86%64.07%74.03%
Operating Expense-992.52K-1.34M-1.37M-1.45M5.27M5.61M6.06M7.22M9.09M10.78M11.83M13.78M15.29M16.01M18.70M19.71M20.08M18.47M19.82M18.12M24.57M22.62M22.48M22.95M23.42M22.81M31.57M34.26M35.62M48.51M61.12M
Operating Income1.80M1.98M2.25M2.70M2.89M3.04M3.73M4.33M4.80M6.14M7.93M8.56M8.49M6.06M2.90M-5.81M-7.13M3.77M5.05M11.13M3.61M8.26M10.17M12.42M11.79M10.91M12.95M20.75M11.80M8.05M21.94M
Operating Margin32.44%33.84%32.88%31.03%17.68%16.57%19.77%22.07%22.49%24.60%26.09%22.47%20.42%16.45%8.80%-17.90%-23.15%12.57%18.61%40.95%12.23%25.13%28.95%31.46%29.08%27.20%28.04%34.20%17.39%9.12%19.56%
EBITDA2.22M2.43M2.67M3.12M3.51M3.54M4.28M5.18M5.96M7.20M8.96M9.73M9.70M7.34M4.48M-4.58M-5.94M4.88M6.07M12.12M5.48M10.39M12.18M14.23M13.43M12.37M14.35M22.26M13.42M10.45M26.47M
EBITDA Margin40.10%41.40%39.02%35.96%21.46%19.26%22.63%26.40%27.92%28.86%29.48%25.52%23.34%19.92%13.58%-14.13%-19.30%16.27%22.33%44.57%18.57%31.61%34.67%36.03%33.12%30.86%31.08%36.69%19.77%11.84%23.59%
Net Income1.31M1.45M1.61M1.90M2.03M2.14M2.60M2.98M3.30M4.21M5.39M5.80M5.75M4.22M2.15M-3.60M-10.96M2.80M9.87M7.63M2.65M5.91M6.45M10.13M9.56M8.86M10.36M16.80M9.62M6.97M17.70M
Net Income Margin23.75%24.80%23.57%21.92%12.45%11.64%13.74%15.20%15.45%16.86%17.74%15.21%13.82%11.46%6.51%-11.10%-35.60%9.35%36.36%28.07%8.99%17.97%18.35%25.67%23.56%22.09%22.44%27.68%14.18%7.89%15.78%
Interest Expense4.73M5.10M5.74M7.11M7.68M9.33M8.67M7.65M6.77M7.22M9.79M15.39M17.40M12.79M9.08M6.81M5.45M4.17M2.71M1.78M1.44M1.98M2.39M3.51M4.89M3.38M2.30M3.82M14.31M23.87M26.25M
Interest Expense % of Total Revenue85.49%86.91%83.93%81.82%47.03%50.85%45.91%39.04%31.69%28.94%32.21%40.38%41.86%34.70%27.53%21.00%17.70%13.91%9.98%6.54%4.88%6.03%6.79%8.89%12.05%8.44%4.99%6.30%21.08%27.04%23.40%

Balance Sheet

Currency: USD1995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets132.32M141.22M164.59M191.14M206.62M229.33M249.35M295.94M343.56M408.83M474.99M527.94M541.57M548.24M552.67M544.63M539.06M532.68M522.91M518.16M692.32M716.72M739.11M752.97M800.05M950.93M1.39B1.37B1.42B2.01B2.04B
Total Liabilities118.41M126.39M148.41M173.53M189.44M210.00M227.75M271.68M317.05M382.72M445.60M495.39M503.71M509.05M497.87M496.13M501.97M487.77M469.22M458.60M646.37M665.97M680.96M686.29M722.83M866.02M1.27B1.26B1.30B1.84B1.85B
Total Equity13.91M14.84M16.18M17.60M17.18M19.33M21.60M24.25M23.50M26.10M29.39M32.55M37.86M39.19M54.81M48.50M37.10M44.91M53.69M59.56M45.95M50.75M58.15M66.67M77.22M84.92M117.04M108.36M116.27M166.53M186.20M
Cash4.31M3.51M3.62M7.88M4.11M6.31M6.75M14.92M10.92M7.77M10.45M12.13M12.91M10.49M14.98M16.00M29.52M31.03M31.51M24.84M39.33M41.09M39.99M28.62M45.78M127.30M176.01M66.91M87.16M162.87M160.91M
Total Debt1.88M1.80M7.88M17.71M35.17M33.52M28.70M26.60M37.06M59.80M66.69M58.12M56.34M47.85M20.19M20.12M28.38M15.36M15.33M9.33M14.19M14.21M14.23M14.24M14.39M19.41M19.27M14.27M64.28M30.45M42.59M
Net Debt-2.43M-1.71M4.25M9.83M31.06M27.22M21.95M11.68M26.14M52.03M56.24M45.99M43.44M37.36M5.21M4.13M-1.15M-15.67M-16.18M-15.54M-25.14M-26.88M-25.76M-14.37M-31.52M-108.03M-156.73M-52.64M-22.89M-132.42M-118.32M

Cash Flow

Currency: USD1995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.52M2.17M1.79M2.56M2.67M2.55M3.59M3.10M6.11M5.41M6.85M6.27M7.64M6.86M4.29M7.30M10.44M12.22M8.68M7.01M4.60M9.01M6.57M13.76M11.85M15.09M7.87M26.77M16.39M-22.20M25.19M
Investing Cash Flow-8.45M-10.49M-22.87M-25.74M-18.69M-19.44M-19.59M-37.28M-54.90M-70.12M-66.43M-51.41M-13.63M-10.74M-311.00K-3.61M-261.00K-2.28M8.79M55.00K25.18M-25.32M-26.54M-29.84M-28.89M-70.49M-126.30M-120.14M-34.34M136.83M-29.41M
Financing Cash Flow8.21M7.51M21.19M24.58M15.10M19.09M16.44M42.34M44.79M61.56M62.26M46.82M6.77M1.46M503.00K-2.67M3.35M-8.44M-16.99M-13.72M-15.30M18.07M18.87M4.71M34.21M136.91M167.15M-15.72M38.20M-38.91M2.26M
Capital Expenditure784.91K673.90K1.04M834.41K549.75K86.40K1.00M3.64M4.04M1.82M2.55M4.70M2.57M3.42M1.12M379.00K472.00K553.00K548.00K475.00K2.00M1.03M1.07M1.54M1.03M909.00K835.00K1.18M1.87M3.30M4.18M
Free Cash Flow734.47K1.50M750.58K1.73M2.12M2.46M2.59M-533.19K2.07M3.58M4.30M1.57M5.07M3.44M3.18M6.92M9.96M11.66M8.13M6.53M2.60M7.98M5.50M12.22M10.82M14.18M7.03M25.59M14.52M-25.50M21.01M
Dividends Paid462.64K540.87K639.87K784.93K909.74K952.22K1.03M1.09M1.13M1.20M1.31M1.43M1.54M1.63M2.04M2.19M1.30M758.00K758.00K1.38M1.74M550.00K646.00K929.00K1.67M2.01M2.50M3.31M3.60M4.04M5.52M
FCF to OCF48.34%69.01%41.82%67.40%79.41%96.61%72.10%-17.19%33.91%66.28%62.77%25.08%66.40%50.13%74.02%94.81%95.48%95.47%93.69%93.22%56.55%88.53%83.71%88.81%91.31%93.98%89.39%95.59%88.62%114.86%83.41%
Dividend Paid to FCF62.99%36.05%85.25%45.49%42.91%38.66%39.64%-204.47%54.37%33.47%30.57%90.90%30.36%47.40%64.11%31.65%13.03%6.50%9.32%21.08%66.68%6.90%11.75%7.60%15.47%14.15%35.62%12.93%24.76%-15.83%26.27%

Earnings

Report DateMar 31, 2003Jun 30, 2003Sep 30, 2003Mar 31, 2004Jun 30, 2004Sep 30, 2004Dec 31, 2004Mar 31, 2005Jun 30, 2005Sep 30, 2005Dec 31, 2005Mar 31, 2006Jun 30, 2006Sep 30, 2006Dec 31, 2006Mar 31, 2007Jun 30, 2007Sep 30, 2007May 28, 2008Jul 24, 2008Oct 24, 2008Feb 12, 2009May 7, 2009Jul 21, 2009Oct 22, 2009Jan 25, 2010Apr 22, 2010Jul 27, 2010Oct 25, 2010Jan 31, 2011Apr 22, 2011Aug 1, 2011Oct 28, 2011Feb 10, 2012Apr 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014Jun 30, 2014Sep 30, 2014Dec 31, 2014Mar 31, 2015Jun 30, 2015Sep 30, 2015Dec 31, 2015Mar 31, 2016Jun 30, 2016Sep 30, 2016Oct 25, 2016Jan 25, 2017Apr 26, 2017Jul 25, 2017Oct 25, 2017Jan 30, 2018Apr 18, 2018Jul 24, 2018Oct 24, 2018Jan 29, 2019Apr 23, 2019Jul 23, 2019Oct 23, 2019Jan 28, 2020Apr 29, 2020Jul 29, 2020Oct 29, 2020Feb 2, 2021May 5, 2021Aug 4, 2021Oct 29, 2021Feb 4, 2022Apr 29, 2022Jul 28, 2022Oct 26, 2022Jan 26, 2023Apr 26, 2023Jul 26, 2023Oct 26, 2023Feb 2, 2024Apr 30, 2024Jul 31, 2024Nov 6, 2024Feb 6, 2025Apr 30, 2025Jul 30, 2025Oct 30, 2025Jan 29, 2026Apr 30, 2026Jul 29, 2026Oct 29, 2026
EPS Estimate-------------------0.480.470.390.070.150.170.140.200.260.200.120.270.240.01-0.41-0.19-----------------------------------------0.710.650.560.560.500.480.430.440.480.530.540.500.580.610.560.590.63
EPS Actual0.240.270.300.310.360.340.420.340.470.550.490.520.500.470.490.480.440.540.490.480.440.04-0.000.010.200.280.270.180.16-2.120.26-0.40-1.05-2.720.080.090.150.150.010.211.460.190.260.190.680.040.020.080.160.220.290.340.340.310.360.370.260.420.540.490.540.470.460.420.500.550.340.460.360.650.500.690.380.350.600.610.710.760.610.560.50-0.140.510.480.390.660.350.570.580.620.540.63-
Surprise-------------------0.00%-6.38%-89.74%-103.43%-93.33%17.65%100.00%35.00%-30.77%-20.00%-1866.67%-3.70%-266.67%-10600.00%-563.41%142.11%-----------------------------------------0.00%16.92%8.93%0.00%0.00%-129.17%18.60%9.09%-18.75%24.53%-35.19%14.00%0.00%1.64%-3.57%6.78%-
Timing--------------------After-hoursAfter-hours--After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-----------------Pre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hours-----------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-market

Key Statistics & Ratios

Market Cap265.67M
Enterprise Value139.95M
Trailing P/E12.29
Forward P/E8.09
PEG Ratio0.00
Price / Sales2.92
Price / Book1.37
EPS2.39
Book Value21.41
Revenue (TTM)90.95M
Gross Profit (TTM)90.95M
Profit Margin23.84%
Operating Margin33.06%
Return on Equity11.81%
Return on Assets1.05%
Shares Outstanding9.04M
Shares Float7.67M
Beta0.41
Dividend Yield2.30%
Dividend Rate0.68
Payout Ratio28.69%

Analyst Ratings

Hold
Based on 2 analystsTarget 32.50
  • Hold
    2

Ownership Breakdown

Institutions
44.15%
Insiders
14.39%
Retail / Other
41.46%

Top Institutional Holders

  • BlackRock Inc
    399.91K4.42%
  • Vanguard Capital Management, LLC
    326.46K3.61%
  • Petiole USA ltd
    305.34K3.38%
  • Siena Capital Management, LLC
    276.04K3.05%
  • Cutler Capital Management
    204.11K2.26%
  • Geode Capital Management, LLC
    179.62K1.99%
  • State Street Corp
    117.24K1.30%
  • American Century Companies Inc
    115.50K1.28%
  • Citadel Advisors Llc
    110.35K1.22%
  • Dimensional Fund Advisors, Inc.
    102.44K1.13%
  • Acadian Asset Management LLC
    99.71K1.10%
  • Northern Trust Corp
    62.74K0.69%
  • The Goldman Sachs Group Inc
    51.13K0.57%
  • Banc Funds Co LLC
    49.39K0.55%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    248.25K2.75%
  • iShares Russell 2000 ETF
    220.43K2.44%
  • Avantis US Small Cap Value ETF
    144.46K1.60%
  • VT De Lisle America B USD
    138.11K1.53%
  • Fidelity Small Cap Index
    84.62K0.94%
  • iShares Russell 2000 Value ETF
    80.45K0.89%

Dividends

20263×
0.17Aug 28, 20260.17May 29, 20260.17Feb 27, 2026
20254×
0.17Nov 28, 20250.15Aug 29, 20250.15May 30, 20250.15Feb 28, 2025
20245×
0.15Nov 29, 20240.16Sep 20, 20240.15Aug 30, 20240.15May 23, 20240.15Feb 29, 2024
20234×
0.15Nov 22, 20230.15Aug 24, 20230.15May 25, 20230.15Feb 23, 2023
20224×
0.14Dec 1, 20220.14Aug 25, 20220.14May 26, 20220.14Feb 24, 2022
20214×
0.12Nov 24, 20210.12Aug 26, 20210.12May 27, 20210.12Feb 25, 2021

Stock Splits

  • May 2, 20052:1
  • Jun 2, 20032:1