FXNC
First National Corporation
FXNC's fundamentals are strong, but it looks expensive: trading at 13x earnings, above its usual 10x. Analysts expect earnings growth.
FXNC Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
FXNC's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like FXNC.
FXNC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.7x | $18.45 | -39% |
| Fair | 10x | $24.62 | -19% |
| Forward | 11x | $30.27 | — |
| Current | 13x | $30.27 | — |
| Expensive | 20x | $48.17 | +59% |
Historical ranges are pointers, not guarantees.
FXNC's PE is in its expensive range at 13x. If earnings grow as analysts expect, today's price would be 11x next year's earnings, in its fair range.
FXNC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for FXNC, with profitability improving.
FXNC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.78 | +16% |
| Q2 2026 | $2.39 | +185% |
| Q1 2026 | $2.32 | +246% |
| Q4 2025 | $1.96 | +96% |
| Q3 2025 | $1.10 | -1.8% |
| Q2 2025 | $0.84 | -33% |
| Q1 2025 | $0.67 | -53% |
| Q4 2024 | $1.00 | -35% |
| Q3 2024 | $1.12 | -54% |
FXNC earned $2.39 per share over the past year, up 185% from the year before.
FXNC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $24M | +7% |
| Q1 2026 | $22.5M | +6.8% |
| Q4 2025 | $24M | -3.4% |
| Q3 2025 | $22.8M | +52% |
| Q2 2025 | $22.4M | +58% |
| Q1 2025 | $21.1M | +41% |
| Q4 2024 | $24.8M | +79% |
| Q3 2024 | $15M | +8.9% |
FXNC's revenue is growing: $24M last quarter, up 7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 30% | +1.5 points |
| Q1 2026 | 27% | +18 points |
| Q4 2025 | 29% | +36 points |
| Q3 2025 | 30% | +11 points |
| Q2 2025 | 28% | +6.2 points |
| Q1 2025 | 9% | -18 points |
| Q4 2024 | -7.6% | +0.9 points |
| Q3 2024 | 19% | -9.4 points |
FXNC's operating margin was 30% last quarter, up 1.5 points from the same quarter a year ago.
FXNC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $6.5M | +58% |
| Q1 2026 | $5.9M | +94% |
| Q4 2025 | $6.9M | +$44.8M |
| Q3 2025 | $6.8M | +38% |
| Q2 2025 | $4.1M | +38% |
| Q1 2025 | $3M | -31% |
| Q4 2024 | -$37.8M | -1071% |
| Q3 2024 | $4.9M | +52% |
FXNC's free cash flow was $26M over the past year, against −$26M the year before. Free cash flow isn't a meaningful measure for financial services companies like FXNC.
FXNC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +20.9K shares |
| 1 year | +0.7% | +66.4K shares |
| 3 years | +44% | +2.8M shares |
| 5 years | +86% | +4.2M shares |
| Available history | +82% | +4.1M shares |
FXNC has 9M diluted shares, up 0.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2023 | $61,000 |
| Q2 2023 | $482,000 |
| Q1 2023 | $25,000 |
FXNC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -4.5x | Net Cash |
| Q1 2026 | -5.3x | Net Cash |
| Q4 2025 | -5.2x | Net Cash |
| Q3 2025 | -10.6x | Net Cash |
| Q2 2025 | -12.8x | Net Cash |
| Q1 2025 | -22.7x | Net Cash |
| Q4 2024 | -14.2x | Net Cash |
| Q3 2024 | -6.9x | Net Cash |
FXNC has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like FXNC.
FXNC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 53.9 | Neutral |
| Stochastic | 52.0 | Neutral |
FXNC's weekly RSI is 54 (neutral) and its Stochastic is 52 (neutral).
FXNC PE vs Financial Services Sector
| Metric | FXNC | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 13x | 2.7% below |
| PE % | 71 | 63 | 8 pts above |
FXNC is trading at 13x earnings, in line with the Financial Services sector's median of 13x.
FXNC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $30.0 | 1.1% above |
| 20 week MA | $30.5 | 0.6% below |
| 50 week MA | $28.5 | 6.2% above |
| 100 week MA | $25.4 | 19% above |
| 200 week MA | $21.6 | 40% above |
FXNC's trend is mixed: it's above four of its five weekly moving averages, and 40% above its 200-week average.
FXNC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $21.0 | $17.0 | -19% |
| 2021 | $17.0 | $23.0 | +36% |
| 2022 | $23.0 | $17.5 | -24% |
| 2023 | $17.5 | $21.8 | +24% |
| 2024 | $21.8 | $23.8 | +9.3% |
| 2025 | $23.8 | $25.5 | +7.3% |
| 2026 YTD | $25.5 | $30.3 | +19% |
FXNC has finished higher in four of the last six years. It's up 19% so far in 2026.