Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
14 January 1999Website:
http://www.fbvirginia.comNext earnings report:
31 January 2025Last dividends:
30 August 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 20:00:10 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
FXNC Latest News
First National Corp. (FXNC) came out with quarterly earnings of $0.39 per share, missing the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.50 per share a year ago.
STRASBURG, Va., Nov. 01, 2024 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), reported unaudited consolidated net income of $2.2 million and basic and diluted earnings per common share of $0.36 for the third quarter of 2024 and adjusted net income(1) of $2.4 million and adjusted basic and diluted earnings per common share(1) of $0.39.
STRASBURG, Va., Oct. 01, 2024 (GLOBE NEWSWIRE) -- First National Corporation (NASDAQ: FXNC) (the “Company” or “First National”), the one-bank holding company of First Bank, announced today that it has completed the acquisition by merger of Touchstone Bankshares, Inc. (“Touchstone”) effective October 1, 2024 (the “Merger”). Immediately following the Merger, Touchstone Bank, the wholly owned subsidiary of Touchstone Bankshares, Inc., was merged with and into First Bank. Pursuant to the previously announced terms of the Merger, each outstanding share of Touchstone Bankshares, Inc. common stock and preferred stock (on an as-converted, one-for-one basis, which shares of preferred stock converted automatically to common stock at the effective time of the Merger) is entitled to receive 0.8122 shares of First National Corporation's common stock.
PRINCE GEORGE, Va., Sept. 19, 2024 /PRNewswire/ -- Touchstone Bankshares, Inc. (the "Company") (OTC Pink: TSBA) announced today that its Board of Directors has declared a pro rata annual cash dividend in anticipation of its previously announced merger (the "Merger") with First National Corporation ("First National") (NASDAQ: FXNC).
First National Corp. (FXNC) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.56 per share a year ago.
NEW ORLEANS , July 17, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.
There is increasing optimism about First National's (FXNC) earnings potential, leading to its upgrade to a Zacks Rank #1 (Strong Buy), which could push its stock price higher.
First National Corp. (FXNC) reported quarterly earnings of $0.51 per share, surpassing the Zacks Consensus Estimate of $0.43 per share. This is lower than the earnings of $0.61 per share reported in the same quarter last year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
First National (FXNC) announces a deal to acquire Touchstone Bankshares. This deal is set to help FXNC fortify its deposit base, boost the scale of operations and expand its geographical locations.
What type of business is First National?
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.
What sector is First National in?
First National is in the Financial Services sector
What industry is First National in?
First National is in the Banks - Regional industry
What country is First National from?
First National is headquartered in United States
When did First National go public?
First National initial public offering (IPO) was on 14 January 1999
What is First National website?
https://www.fbvirginia.com
Is First National in the S&P 500?
No, First National is not included in the S&P 500 index
Is First National in the NASDAQ 100?
No, First National is not included in the NASDAQ 100 index
Is First National in the Dow Jones?
No, First National is not included in the Dow Jones index
When was First National the previous earnings report?
No data
When does First National earnings report?
The next expected earnings date for First National is 31 January 2025