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NASDAQ · Finance

First National Corp (FXNC)

First National Corp brought in $14.3M of revenue over the twelve months to June 30, 2026, down 9.8% from a year earlier. Net income was $21.7M, a net margin of 151.8%. Operating cash flow minus capital spending left $20.9M of free cash flow in fiscal 2025. At June 30, 2026 it held $166.1M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 13, 2026.

Free, no password. An email when FXNC files with the SEC.

Price
$30.25
-1.56% on the day · November 10, 2026
52-week range $23.05 to $33.24
Market cap
$273.5M
Revenue (last 12 months)
$14.3M
-9.8% year on year
Net margin
151.8%
P/E
15.4
on FY2025 diluted EPS

Key facts about First National Corp

Net worth
First National Corp has a market value (market cap) of $273.5M at the latest share price, and shareholders' equity of $193.6M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Cash flow
In fiscal 2025 operations brought in $25.1M of cash; after $4.2M of capital spending, free cash flow was $20.9M.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 13, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
Next earnings report
First National Corp's next report is expected around January 28, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Dividend
First National Corp declared dividends of $0.64 per share in fiscal 2025, a yield of 2.10% at the current price.

What First National Corp does

First National Corp is registered with the SEC under industry code SIC 6022 (State Commercial Banks). Its shares trade on NASDAQ under the ticker FXNC.

Revenue and profit by year

Revenue
FY18: $7.7M $7.7M FY18FY19: $7.8M $7.8M FY19FY20: $7.5M $7.5M FY20FY21: $9M $9M FY21FY22: $10.1M $10.1M FY22FY23: $10.2M $10.2M FY23FY24: $14.2M $14.2M FY24FY25: $14.3M $14.3M FY25
Net income
FY18: $10.1M $10.1M FY18FY19: $9.6M $9.6M FY19FY20: $8.9M $8.9M FY20FY21: $10.4M $10.4M FY21FY22: $16.8M $16.8M FY22FY23: $9.6M $9.6M FY23FY24: $7M $7M FY24FY25: $17.7M $17.7M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$14.3Mn/a$17.7M$1.96$20.9M
2024$14.2Mn/a$7M$1.00-$25.5M
2023$10.2Mn/a$9.6M$1.53$14.5M
2022$10.1Mn/a$16.8M$2.68$25.6M
2021$9Mn/a$10.4M$1.86$7M
2020$7.5Mn/a$8.9M$1.82$14.2M

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Next report expected around January 28, 2027.

Estimated from its filing rhythm: 52 weeks after its report of January 29, 2026. Not a date the company has announced. See the report calendar · Earnings, quarter by quarter

Where FXNC ranks in Finance

Revenue$14.3M
#444 of 541 in Finance · Bottom 18%
Revenue growth+0.8%
#383 of 480 in Finance · Bottom 20%
Net margin123.9%
#40 of 484 in Finance · Top 8%
Free cash flow margin146.5%
#27 of 339 in Finance · Top 8%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Finance

Dividends

First National Corp declared $0.64 per share in fiscal 2025. At the current price that is a yield of 2.10%. It paid out $5.5M in cash dividends, 31% of its net income.

Fiscal yearPer sharePaid outOf profit
2025$0.64$5.5M31%
2024$0.61$4M58%
2023$0.60$3.6M37%
2022$0.56$3.3M20%
2021$0.48$2.5M24%
2020$0.44$2M23%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What First National Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. October 23, 2026
  2. August 14, 2026
  3. August 13, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue was flat at $3.4M versus the same quarter last year; diluted EPS $0.63 versus $0.56.
  4. August 13, 2026
  5. July 29, 2026
  6. July 28, 2026
  7. May 15, 2026
  8. May 14, 2026
  9. May 13, 2026
    Quarterly report 10-Q · period to March 31, 2026Revenue was flat at $3.3M versus the same quarter last year; diluted EPS $0.54 versus $0.18.
  10. May 13, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on August 13, 2026. Insider transactions on SEC

What is FXNC worth? A DCF from its reported cash flow

Insider trades

What the people running First National Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days
DateInsiderWhatSharesPriceValueFiling
August 12, 2026 Holt George Edwin IIIDirector Received as pay 1,113 - - Form 4
August 12, 2026 Aikens Jason CDirector Received as pay 1,113 - - Form 4
August 12, 2026 Beck Emily MarlowDirector Received as pay 1,113 - - Form 4
August 12, 2026 Lee-Andrews Toni TDirector Received as pay 1,113 - - Form 4
August 12, 2026 Wilkinson William SimmonsDirector Received as pay 1,113 - - Form 4
August 12, 2026 Wagstaff Norman D JrDirector Received as pay 1,113 - - Form 4
August 12, 2026 Wilkins III James RDirector Received as pay 1,113 - - Form 4
August 12, 2026 Smith Gerald F JRDirector Received as pay 1,113 - - Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns FXNC

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
James R. Wilkins, III13D, may seek influence 5% 446,986 December 17, 2024

Latest filings below 5%: Fourthstone LLC 0% (August 14, 2026); Siena Capital Partners I, L.P. 3.5% (February 12, 2025); Smith Gerald F JR 4.5% (December 30, 2024).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 91 managers reported a position.

HolderSharesValueChange on quarter
BlackRock, Inc.549,166$16.5M+149,254
Vanguard Capital Management LLC343,910$10.3M+17,453
Petiole USA ltd305,340$9.2M-2,600
Siena Capital Partners GP, LLC208,687$6.3M-67,356
Cutler Capital Management, LLC203,809$6.1M-300
Geode Capital Management, LLC196,713$5.9M+17,093
State Street Corp146,258$4.4M+29,018
De Lisle Partners LLP138,113$4.2M0
American Century Companies Inc115,497$3.5M+85,227
Citadel Advisors LLC110,354$3.3M+97,094
Dimensional Fund Advisors LP102,438$3.1M+52,171
Goldman Sachs Group Inc97,669$2.9M+46,534
Qube Research & Technologies Ltd64,355$1.9Mnew
Northern Trust Corp62,337$1.9M-405
Vanguard Portfolio Management LLC53,756$1.6M+8,771
Vanguard Fiduciary Trust Co52,003$1.6M+3,262
Nuveen, LLC48,890$1.5M+30,574
Piedmont Capital Management, LLC42,955$1.3M0
Morgan Stanley36,407$1.1M+14,663
Marshall Wace, Llp36,349$1.1M+12,079

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

14 insiders reported holding 728,711 shares in total, about $22M at the last price.

HolderSharesAs of
Wilkins III James RDirector 303,462 August 12, 2026
Wagstaff Norman D JrDirector 100,452 August 12, 2026
Harvard Scott CPresident & CEO, Director 71,565 May 5, 2026
Holt George Edwin IIIDirector 45,447 August 12, 2026
Dysart Dennis ASenior EVP/COO 43,414 February 15, 2026
Smith Gerald F JRDirector 42,768 August 12, 2026
Patel KirteshDirector 33,724 August 12, 2026
Wilkinson William SimmonsDirector 22,977 August 12, 2026
Funk William MichaelDirector 19,783 August 12, 2026
Aikens Jason CDirector 11,407 August 12, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about FXNC

What does First National Corp do?

First National Corp is a company in the Finance sector, listed on NASDAQ as FXNC. Its shares trade on NASDAQ under the ticker FXNC.

What is First National Corp's net worth?

First National Corp has a market value (market cap) of $273.5M at the latest share price, and shareholders' equity of $193.6M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is First National Corp profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $21.7M on revenue of $14.3M, a net margin of 151.8%.

How much revenue does First National Corp make?

Over the twelve months to June 30, 2026 First National Corp reported revenue of $14.3M. That is 9.8% less than a year earlier.

When did First National Corp last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 13, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the quarterly results from October 23, 2026.

When is First National Corp's next earnings report?

First National Corp's next report is expected around January 28, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

Does First National Corp pay a dividend?

Yes. First National Corp declared dividends of $0.64 per share in fiscal 2025, a yield of 2.10% at the current price.

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Where the numbers come from

Financial figures are the values First National Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.