First National (FXNC) AI Stock Analysis

• Market Cap: $262.73M
• Dividend Yield: 2.49%
• Average Volume (3M): 17.30K
• Price to Earnings (P/E): 12.8
• Beta (1Y): 0.68
• Revenue Growth: 48.94%
• EPS Growth: 11.61%
• Country: US
• Employees: 303
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.62
• Shares Outstanding: 9,040,967
• 10 Day Avg. Volume: 18,705
• 30 Day Avg. Volume: 17,295
• PEG Ratio: 0.13
• Price to Book (P/B): 1.22
• Price to Sales (P/S): 2.02
• P/FCF Ratio: 10.81
• Enterprise Value/Market Cap: 1.08
• Enterprise Value/Revenue: 2.47
• Enterprise Value/Gross Profit: 3.30
• Enterprise Value/Ebitda: 11.24
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 2.46
• Revenue Forecast (FY): $91.70M

• Rating: 63 Neutral
• Price Target: $28.00 ▲(9.55% Upside)
• Action: Reiterated Date: 03/26/26
• Date: Action: Reiterated 03/26/26

The score is driven primarily by improving profitability and a more conservative balance sheet, tempered by significant cash-flow volatility and weaker cash conversion. Technical signals are mixed/neutral, while a reasonable P/E and dividend support the valuation, and recent cost-optimization and dividend actions add a modest positive.

Positive Factors

Conservative capitalization

A low debt-to-equity (~0.23) and rising equity provide a durable capital cushion that reduces funding and regulatory risk. This conservatism supports lending capacity, lowers interest burden, and preserves flexibility to finance growth or absorb shocks over the next several quarters.

Negative Factors

Volatile cash conversion

Inconsistent operating and free cash flow undermines earnings quality and limits the bank's ability to reliably fund dividends, buybacks, or organic growth without relying on balance sheet moves. Persistent volatility weakens long-term planning and heightens financing risk.

First National Business Overview & Revenue Model

Company Description

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 ...

Read more

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 ...

How the Company Makes Money

FXNC generates earnings primarily through its banking subsidiary by (1) earning net interest income—the spread between interest income collected on loans and other interest-earning assets and the interest paid on customer deposits and other fundin...

Read more

FXNC generates earnings primarily through its banking subsidiary by (1) earning net interest income—the spread between interest income collected on loans and other interest-earning assets and the interest paid on customer deposits and other fundin...

First National Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	112.20M	88.27M	67.88M	60.67M	46.17M
Gross Profit	83.07M	56.55M	47.42M	55.01M	44.52M
EBITDA	21.94M	10.45M	13.42M	22.26M	14.35M
Net Income	17.70M	6.97M	9.62M	16.80M	10.36M
Balance Sheet
Total Assets	2.04B	2.01B	1.42B	1.37B	1.39B
Cash, Cash Equivalents and Short-Term Investments	238.37M	164.50M	240.02M	229.82M	465.50M
Total Debt	42.59M	30.45M	64.28M	14.27M	19.27M
Total Liabilities	1.85B	1.84B	1.30B	1.26B	1.27B
Stockholders Equity	186.20M	166.53M	116.27M	108.36M	117.04M
Cash Flow
Free Cash Flow	21.01M	-25.50M	14.52M	25.59M	7.03M
Operating Cash Flow	25.19M	-22.20M	16.39M	26.77M	7.87M
Investing Cash Flow	-29.41M	136.83M	-34.34M	-120.14M	-126.30M
Financing Cash Flow	2.26M	-38.91M	38.20M	-15.72M	167.15M

First National Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 25.56
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

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 25.56 is below the 20-day moving average (MA) of 26.77, below the 50-day MA of 26.93, and above the 200-day MA of 23.85, indicating a bullish trend. The MACD of 0.43 indicates Negative momentum. The RSI at 75.32 is Negative, neither overbought nor oversold. The STOCH value of 86.34 is Negative, 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
FRAF	73 Outperform	$255.30M	10.64	9.91%	2.51%	12.06%	10.38%
OPBK	69 Neutral	$210.85M	8.19	11.75%	3.32%	9.10%	12.36%
VABK	69 Neutral	$215.91M	11.15	11.02%	3.41%	1.11%	14.44%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
LCNB	66 Neutral	$244.89M	10.22	8.68%	5.32%	5.07%	228.39%
FXNC	63 Neutral	$262.73M	12.82	9.98%	2.49%	48.94%	11.61%
EFSI	58 Neutral	$209.78M	26.01	6.63%	3.11%	-1.45%	-31.32%

First National Corporate Events