First National (FXNC) AI Stock Analysis

• Market Cap: $202.26M
• Dividend Yield: 2.64%
• Average Volume (3M): 16.18K
• Price to Earnings (P/E): 18.0
• Beta (1Y): 0.66
• Revenue Growth: 49.33%
• EPS Growth: 11.61%
• Country: US
• Employees: 303
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.58
• Shares Outstanding: 8,989,138
• 10 Day Avg. Volume: 14,292
• 30 Day Avg. Volume: 16,185
• PEG Ratio: -0.66
• Price to Book (P/B): 0.96
• Price to Sales (P/S): 1.82
• P/FCF Ratio: -6.28
• Enterprise Value/Market Cap: 0.97
• Enterprise Value/Revenue: 2.01
• Enterprise Value/Gross Profit: 2.79
• Enterprise Value/Ebitda: 15.20
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: $23.50 ▲(1.91% Upside)

The overall stock score of 61 reflects the company's strong revenue growth and stable balance sheet, tempered by challenges in profitability and cash flow management. Technical indicators suggest potential short-term weakness, and the high P/E ratio raises valuation concerns. The absence of earnings call data and corporate events leaves these areas unaddressed.

First National Business Overview & Revenue Model

Company Description

First National (FXNC) is a financial services company that primarily operates in the banking and mortgage sectors. The company offers a range of products including personal banking services, commercial banking solutions, and residential mortgage lending. With a focus on customer service and innovative financial solutions, First National aims to meet the diverse needs of individuals and businesses in its operational regions.

How the Company Makes Money

First National generates revenue through various channels including interest income from loans, fees for banking services, and mortgage origination fees. The primary revenue stream comes from the interest charged on personal, business, and mortgage loans, which is typically higher than the interest paid on customer deposits. Additionally, the company earns non-interest income through service fees, account maintenance charges, and transaction fees. Strategic partnerships with real estate agencies and financial service providers also play a crucial role in driving mortgage lending and enhancing their customer base, further contributing to overall earnings.

First National Financial Statement Overview

Summary

First National demonstrates strong revenue growth and a solid gross profit margin, but faces challenges in profitability and cash flow management. The balance sheet remains stable with moderate leverage, but declining return on equity suggests efficiency issues. Overall, the company shows potential for growth but needs to address profitability and cash flow concerns.

Income Statement

First National has shown a solid revenue growth rate of 9.58% in the TTM, indicating a positive trajectory. The gross profit margin remains strong at 67.30%, although the net profit margin has decreased to 7.61%, suggesting some pressure on profitability. The EBIT and EBITDA margins have also declined, indicating potential cost management issues.

Balance Sheet

The company's debt-to-equity ratio is moderate at 0.32, reflecting a balanced leverage position. However, the return on equity has decreased to 5.03%, indicating reduced efficiency in generating profits from equity. The equity ratio remains stable, suggesting a solid capital structure.

Cash Flow

First National faces challenges in cash flow, with negative operating and free cash flows in the TTM. The free cash flow to net income ratio is positive at 1.15, indicating some ability to cover net income, but the negative growth in free cash flow highlights potential liquidity issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	97.54M	88.27M	67.88M	60.67M	46.17M	40.10M
Gross Profit	70.39M	56.55M	47.42M	55.01M	44.52M	33.71M
EBITDA	12.91M	10.45M	13.42M	22.26M	14.35M	12.37M
Net Income	7.96M	6.97M	9.62M	16.80M	10.36M	8.86M
Balance Sheet
Total Assets	2.04B	2.01B	1.42B	1.37B	1.39B	950.93M
Cash, Cash Equivalents and Short-Term Investments	222.01M	164.50M	240.02M	229.82M	465.50M	267.52M
Total Debt	55.43M	30.45M	64.28M	14.27M	19.27M	19.27M
Total Liabilities	1.87B	1.84B	1.30B	1.26B	1.27B	866.02M
Stockholders Equity	173.53M	166.53M	116.27M	108.36M	117.04M	84.92M
Cash Flow
Free Cash Flow	-25.73M	-25.50M	14.52M	25.59M	7.03M	14.18M
Operating Cash Flow	-22.31M	-22.20M	16.39M	26.77M	7.87M	15.09M
Investing Cash Flow	128.23M	136.83M	-34.34M	-120.14M	-126.30M	-70.49M
Financing Cash Flow	-47.23M	-38.91M	38.20M	-15.72M	167.15M	136.91M

First National Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 23.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FXNC, the sentiment is Positive. The current price of 23.06 is above the 20-day moving average (MA) of 22.59, above the 50-day MA of 22.85, and above the 200-day MA of 21.73, indicating a bullish trend. The MACD of 0.14 indicates Negative momentum. The RSI at 63.54 is Neutral, neither overbought nor oversold. The STOCH value of 75.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FXNC.

First National Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LCNB	72 Outperform	$220.60M	9.34	8.97%	5.66%	5.07%	228.39%
FRAF	71 Outperform	$206.19M	13.15	9.91%	2.78%	12.06%	10.38%
VABK	70 Outperform	$212.66M	11.96	10.41%	3.43%	1.11%	14.44%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
EFSI	67 Neutral	$191.29M	15.91	6.63%	3.45%	-1.45%	-31.32%
OPBK	67 Neutral	$195.00M	8.34	10.99%	3.64%	9.10%	12.36%
FXNC	61 Neutral	$202.26M	18.01	7.36%	2.64%	49.33%	11.61%

First National Corporate Events

First National Corp Reports Record Q3 2025 Earnings

First National Corporation (NASDAQ: FXNC) is a bank holding company for First Bank, a community bank offering a range of financial services including loans, deposits, and wealth management, primarily operating in Virginia and northern North Carolina.

First National Declares Quarterly Cash Dividend

On August 13, 2025, First National‘s Board of Directors announced a quarterly cash dividend of $0.155 per common share. This dividend will be paid on September 12, 2025, to shareholders who are recorded by August 29, 2025, reflecting the company’s ongoing commitment to returning value to its shareholders.

The most recent analyst rating on (FXNC) stock is a Hold with a $26.00 price target. To see the full list of analyst forecasts on First National stock, see the FXNC Stock Forecast page.

First National Corporation Reports Record Q2 2025 Earnings

First National Corporation, a bank holding company based in Strasburg, Virginia, operates First Bank, which offers a range of financial services including traditional banking and wealth management across Virginia and northern North Carolina.