First National (NASDAQ:FXNC) Releases Earnings Results, Beats Estimates By $0.13 EPS

First National (NASDAQ:FXNC) issued its quarterly earnings results on Friday. The company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.63 by $0.13, FiscalAI reports. First National had a net margin of 18.43% and a return on equity of 11.50%. The firm had revenue of $25.29 million during the quarter, compared to analyst estimates of $24.27 million.

First National Stock Performance

FXNC stock traded up $0.13 on Friday, reaching $29.98. The company’s stock had a trading volume of 29,365 shares, compared to its average volume of 22,581. First National has a 52 week low of $22.09 and a 52 week high of $33.24. The company has a market capitalization of $271.02 million, a P/E ratio of 12.49 and a beta of 0.47. The firm has a fifty day moving average of $30.40 and a two-hundred day moving average of $29.60. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.88 and a quick ratio of 0.88.

First National Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Friday, August 28th were paid a $0.17 dividend. The ex-dividend date was Friday, August 28th. This represents a $0.68 annualized dividend and a dividend yield of 2.3%. First National’s dividend payout ratio (DPR) is presently 28.33%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “buy (b)” rating on shares of First National in a research report on Friday, October 9th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, First National currently has an average rating of “Moderate Buy”.

Trending Headlines about First National

Here are the key news stories impacting First National this week:

• Positive Sentiment: Third-quarter earnings were $0.76 per diluted share, exceeding the $0.63 analyst consensus by $0.13 and rising from $0.58 in the year-ago quarter. First National Corp. Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: Revenue reached $25.29 million, topping the $24.27 million consensus estimate by approximately $1.02 million. The company also reported an 18.43% net margin and 11.50% return on equity. First National Earnings Results
• Positive Sentiment: Management characterized both quarterly and year-to-date 2026 financial performance as records, while separate coverage highlighted an expanding margin. The combination of earnings and revenue beats, year-over-year EPS growth, and improved profitability supports investor optimism about the bank’s operating momentum. First National Reports Record Third Quarter and Year-to-Date Performance
• Neutral Sentiment: Earlier reporting only previewed the quarterly release and did not introduce a new financial or operational development. First National Projected to Release Quarterly Earnings

About First National

First National Corporation (NASDAQ: FXNC) is a bank holding company headquartered in Strasburg, Virginia. The company operates through its principal subsidiary, First Bank, a community banking institution serving individuals, families, businesses and organizations in Virginia.

First Bank provides a range of traditional banking products and services, including checking and savings accounts, certificates of deposit, consumer and residential real estate lending, commercial loans, mortgage services and online and mobile banking.