First National (FXNC) to Release Earnings on Wednesday

First National (NASDAQ:FXNC) will likely be releasing its Q1 2026 results before the market opens on Wednesday, April 29th. Analysts expect First National to post earnings of $0.52 per share and revenue of $23.30 million for the quarter. Interested persons may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Tuesday, April 28, 2026 at 4:00 PM ET.

First National (NASDAQ:FXNC) last released its quarterly earnings results on Thursday, January 29th. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.60 by $0.02. First National had a net margin of 15.19% and a return on equity of 10.82%. The business had revenue of $23.97 million for the quarter, compared to the consensus estimate of $22.60 million. On average, analysts expect First National to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

First National Trading Down 2.2%

FXNC stock opened at $28.66 on Wednesday. The company has a market capitalization of $259.09 million, a PE ratio of 14.55 and a beta of 0.50. First National has a 52 week low of $18.31 and a 52 week high of $29.85. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.87 and a current ratio of 0.87. The company’s 50-day simple moving average is $27.26 and its 200 day simple moving average is $25.51.

First National Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Friday, February 27th. First National’s dividend payout ratio is 34.52%.

Insider Activity

In related news, CFO Brad E. Schwartz bought 1,000 shares of First National stock in a transaction dated Wednesday, March 4th. The shares were bought at an average cost of $26.91 per share, with a total value of $26,910.00. Following the acquisition, the chief financial officer owned 6,470 shares in the company, valued at $174,107.70. This trade represents a 18.28% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 14.22% of the company’s stock.

Institutional Trading of First National

Large investors have recently modified their holdings of the stock. BNP Paribas Financial Markets grew its holdings in shares of First National by 59.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,821 shares of the company’s stock worth $41,000 after purchasing an additional 679 shares in the last quarter. Bank of America Corp DE lifted its position in shares of First National by 5,013.2% during the 2nd quarter. Bank of America Corp DE now owns 3,477 shares of the company’s stock worth $68,000 after buying an additional 3,409 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in shares of First National during the 2nd quarter worth $72,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of First National during the 2nd quarter worth $83,000. Finally, Los Angeles Capital Management LLC bought a new stake in shares of First National during the 4th quarter worth $92,000. 33.92% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised First National from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 27th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy”.

First National Company Profile

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 in Virginia. The company's deposit products include checking, savings, money market, and individual retirement accounts, as well as certificates of deposit and treasury management solutions. Its loan products comprise construction loans, including residential, land acquisition, and development loans; 1-4 family residential real estate loans; and commercial real estate loans that are secured by commercial real estate, including multi-family residential buildings, office and retail buildings, hotels, industrial buildings, and religious facilities.