First National (FXNC) to Release Quarterly Earnings on Wednesday

Posted by Brenda Bartman on Jul 22nd, 2026

First National (NASDAQ:FXNC – Get Free Report) is anticipated to announce its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to announce earnings of $0.59 per share and revenue of $23.4510 million for the quarter. Individuals can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 4:00 PM ET.

First National (NASDAQ:FXNC – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.02. First National had a return on equity of 11.48% and a net margin of 17.94%.The firm had revenue of $22.50 million for the quarter, compared to analyst estimates of $23.30 million. On average, analysts expect First National to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

First National Stock Up 0.2%

Shares of NASDAQ:FXNC opened at $29.51 on Wednesday. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.09. The firm has a market cap of $266.80 million, a price-to-earnings ratio of 12.67 and a beta of 0.43. The stock’s 50-day moving average price is $28.92 and its two-hundred day moving average price is $27.66. First National has a 12-month low of $20.78 and a 12-month high of $31.21.

First National Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Friday, May 29th were issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Friday, May 29th. First National’s dividend payout ratio is presently 29.18%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Bridgeway Capital Management LLC increased its stake in First National by 2.5% during the 2nd quarter. Bridgeway Capital Management LLC now owns 47,038 shares of the company’s stock worth $916,000 after buying an additional 1,149 shares during the period. Goldman Sachs Group Inc. lifted its holdings in First National by 157.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 40,744 shares of the company’s stock worth $915,000 after buying an additional 24,931 shares in the last quarter. Marshall Wace LLP boosted its position in First National by 47.2% in the 4th quarter. Marshall Wace LLP now owns 23,988 shares of the company’s stock valued at $605,000 after buying an additional 7,697 shares during the last quarter. Empowered Funds LLC boosted its position in First National by 10.3% in the 4th quarter. Empowered Funds LLC now owns 19,614 shares of the company’s stock valued at $495,000 after buying an additional 1,837 shares during the last quarter. Finally, Barclays PLC grew its stake in shares of First National by 19.9% during the fourth quarter. Barclays PLC now owns 16,825 shares of the company’s stock valued at $425,000 after acquiring an additional 2,791 shares in the last quarter. 33.92% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on FXNC shares. Raymond James Financial assumed coverage on shares of First National in a research report on Thursday, June 25th. They issued a “market perform” rating on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of First National in a research report on Monday, July 13th. Finally, Wall Street Zen raised shares of First National from a “sell” rating to a “hold” rating in a research note on Saturday, May 30th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Get Our Latest Stock Report on FXNC

About First National

(Get Free Report)

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.