First National (FXNC) to Announce Earnings on Wednesday

First National (NASDAQ:FXNC) is projected to post its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to post earnings of $0.59 per share and revenue of $23.4510 million for the quarter. Individuals may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 4:00 PM ET.

First National (NASDAQ:FXNC) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.02. First National had a net margin of 17.94% and a return on equity of 11.48%. The company had revenue of $22.50 million during 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 Performance

NASDAQ:FXNC opened at $29.75 on Monday. The company has a market capitalization of $268.94 million, a P/E ratio of 12.77 and a beta of 0.43. The business has a fifty day simple moving average of $29.07 and a two-hundred day simple moving average of $27.75. 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 has a 1 year low of $20.78 and a 1 year high of $31.21.

First National Announces Dividend

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

Analyst Upgrades and Downgrades

FXNC has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of First National in a research note on Monday, July 13th. Raymond James Financial started coverage on shares of First National in a report on Thursday, June 25th. They issued a “market perform” rating for the company. Finally, Wall Street Zen upgraded shares of First National from a “sell” rating to a “hold” rating in a research report on Saturday, May 30th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Institutional Investors Weigh In On First National

Several institutional investors and hedge funds have recently modified their holdings of the stock. Empowered Funds LLC boosted its stake in First National by 10.3% during the fourth quarter. Empowered Funds LLC now owns 19,614 shares of the company’s stock worth $495,000 after acquiring an additional 1,837 shares in the last quarter. Bridgeway Capital Management LLC increased its position in First National by 3.8% during the 4th quarter. Bridgeway Capital Management LLC now owns 50,414 shares of the company’s stock valued at $1,272,000 after buying an additional 1,837 shares in the last quarter. Barclays PLC raised its stake in 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 buying an additional 2,791 shares during the last quarter. Marshall Wace LLP boosted its holdings in First National by 47.2% in the fourth quarter. Marshall Wace LLP now owns 23,988 shares of the company’s stock worth $605,000 after acquiring an additional 7,697 shares in the last quarter. Finally, Fourthstone LLC grew its stake in shares of First National by 1.7% in the fourth quarter. Fourthstone LLC now owns 888,672 shares of the company’s stock worth $22,430,000 after acquiring an additional 15,026 shares during the last quarter. 33.92% of the stock is owned by hedge funds and other institutional investors.

About First National

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.