Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
14 January 1999Website:
http://www.fbvirginia.comNext earnings report:
26 July 2024Last dividends:
23 May 2024Next dividends:
N/APrice
regular market | Fri, 28 Jun 2024 13:30:00 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
FXNC Latest News
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.
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.
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 Corp. (FXNC) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
First National Corp. (FXNC) came out with quarterly earnings of $0.56 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.61 per share a year ago.
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. 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. It serves customers through 20 bank branch offices, a loan production office, and a customer service center, as well as through a network of ATMs. The company 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 does First National report earnings?
The next expected earnings date for First National is 26 July 2024