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XNAS
FXNC
Market cap270mUSD
Oct 08, Last price  
29.97USD
1D
1.49%
1Q
2.53%
Jan 2017
133.23%
Name

First National Corp

Chart & performance

D1W1MN
XNAS:FXNC chart
P/E
15.31
P/S
2.41
EPS
1.96
Div yield, %
2.12%
Shrs. gr., 5y
13.06%
Rev. gr., 5y
22.85%
Revenues
112m
+27.11%
38,117,00041,573,00036,864,00032,991,00032,451,00030,786,00029,955,00027,157,00027,182,00029,525,00032,864,00035,139,00039,486,00040,552,00040,096,00046,171,00060,675,00067,878,00088,271,000112,204,000
Net income
18m
+154.13%
5,798,0005,747,0004,223,0002,149,000-3,603,000-10,961,0002,800,0009,874,0007,631,0002,655,0005,907,0006,448,00010,135,0009,556,0008,858,00010,359,00016,797,0009,624,0006,966,00017,703,000
CFO
25m
P
6,269,0007,638,0006,860,0004,295,0007,301,00010,436,00012,218,0008,681,0007,006,0004,601,0009,009,0006,569,00013,758,00011,851,00015,091,0007,868,00026,772,00016,390,000-22,204,00025,189,000
Dividend
Aug 28, 20260.17 USD/sh

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Profile

First National Corporation serves as the holding company for First Bank, which offers a diverse array of financial solutions and commercial banking services. It caters to a broad clientele across Virginia, including individuals, small and medium-sized enterprises, estates, local governmental bodies, and non-profit organizations. The bank's deposit offerings encompass essential accounts such as checking, savings, money market, and individual retirement accounts (IRAs), along with certificates of deposit (CDs) and sophisticated treasury management services. Its lending portfolio is extensive, featuring construction financing for residential properties, land acquisition, and development. It also provides mortgages for 1-4 family homes and commercial real estate loans, which are secured by various property types like multi-family residences, office and retail buildings, hotels, industrial sites, and religious facilities. For businesses, the bank extends commercial and industrial (C&I) loans, often collateralized by assets such as accounts receivable, equipment, and inventory. Furthermore, personal financing options range from home equity loans to a variety of secured and unsecured consumer loans, including lines of credit, vehicle financing, loans against deposits, and both installment and demand loans. Beyond traditional banking, First National Corporation delivers comprehensive wealth management services. These include estate planning, investment management for assets, and acting as a trustee for agreements and wills, in addition to estate settlement. Complementary services provided by the company include title insurance and investment advisory. Customers also benefit from modern conveniences such as internet and mobile banking, and remote deposit capture. The bank's presence spans 20 branch locations, a dedicated loan production office, a customer service center, and an expansive network of ATMs. The company was established in 1907 and its headquarters are situated in Strasburg, Virginia.

Related entities

Subsidiaries
FIRST BANK

Key people

Dennis A. Dysart
President and Chief Operating Officer of the Bank · since 2015
Michael Shane Bell
Chief Financial Officer, Executive Vice President of the Company and the Bank · since 2005
Jason C. Aikens
Independent Director · since 2018
Boyce E. Brannock
Independent Director · since 2017
Elizabeth H. Cottrell
Independent Director · since 1992
W. Michael Funk
Independent Director · since 2014
Gerald F. Smith
Independent Director · since 2007
James R. Wilkins
Independent Director · since 2001
IPO date
May 01, 1996
Employees
154
Domiciled in
US
Incorporated in
US
Legal address
C/O SCOTT C HARVARD
112 W KING ST
STRASBURG, VA 22657
US
Headquarters
112 W KING ST
STRASBURG, VA 22657
US

Valuation

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