First National Holds Annual Shareholder Meeting

The latest update is out from First National ( (FXNC) ).

On May 14, 2025, First National Corporation held its Annual Meeting of Shareholders. The meeting addressed several key issues, including the election of thirteen directors, the ratification of Yount, Hyde & Barbour, P.C. as the independent registered public accounting firm for 2025, an advisory vote on executive compensation, and the frequency of future votes on the executive compensation program. All proposals were approved, with the directors elected, the accounting firm ratified, and a three-year cycle for future advisory votes on executive compensation established. Additionally, on May 14, 2024, the Board declared a quarterly cash dividend of $0.155 per share, payable on June 13, 2025.

The most recent analyst rating on (FXNC) stock is a Buy with a $21.00 price target. To see the full list of analyst forecasts on First National stock, see the FXNC Stock Forecast page.

Spark’s Take on FXNC Stock

According to Spark, TipRanks’ AI Analyst, FXNC is a Neutral.

First National’s overall score reflects a stable financial performance with strong revenue growth and conservative leverage. The lack of recent cash flow data introduces some uncertainty, but historical performance was strong. Technical indicators show a bearish trend, while valuation metrics suggest the stock is fairly priced with a decent dividend yield. The recent CFO appointment is a positive strategic move, though it does not significantly alter the current stock outlook.

To see Spark’s full report on FXNC stock, click here.

More about First National

Average Trading Volume: 25,116

Technical Sentiment Signal: Hold

Current Market Cap: $189.3M

Learn more about FXNC stock on TipRanks’ Stock Analysis page.