First National Corporation

First National Corporation

FXNCยทNASDAQ

$27.52

-2.4%
Financial ServicesBanks - Regional

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. The company's loan products also include commercial and industrial loans that are secured by business assets, such as accounts receivable, equipment, and inventory; home equity loans; and secured and unsecured consumer loans, such as lines of credit, automobile loans, deposit account loans, and installment and demand loans. In addition, it provides wealth management services, including estate planning, investment management of assets, trustee under an agreement, trustee under a will, and estate settlement. Further, the company offers title insurance and investment services; and holds other real estate owned and office sites, as well as provides internet and mobile banking, remote deposit capture, and other traditional banking services. It serves customers through 20 bank branch offices, a loan production office, and a customer service center, as well as through a network of ATMs. The company was founded in 1907 and is headquartered in Strasburg, Virginia.

At a Glance

Live Snapshot
Market Cap$248.81M
EPS1.9700
P/E Ratio13.97
Earnings Date07/29/2026
0.63%
Dividend Yield
-3%
3Y-30.0%
5Y-2.0%
10Y+118.0%
31.42%
Dividend Payout Ratio
17%
3Y+34.0%
5Y+40.0%
10Y+226.0%
3Y+77.0%
5Y+197.0%
10Y+980.0%
First National Corporation

First National Corporation Dividend History

FXNC ยท NASDAQ
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

FXNC Dividend Payment History

FXNC ยท NASDAQ

Total Payments

50

Latest Dividend

$0.1700

Annual Amount

$0.8200

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 13, 2026
May 29, 2026Jun 12, 2026
$0.1700
$0.1700
Quarterly0.00%
Feb 11, 2026
Feb 27, 2026Mar 13, 2026
$0.1700
$0.1700
Quarterly0.00%
Nov 12, 2025
Nov 28, 2025Dec 12, 2025
$0.1700
$0.1700
Quarterly+9.68%
Aug 13, 2025
Aug 29, 2025Sep 12, 2025
$0.1550
$0.1550
Quarterly0.00%
May 14, 2025
May 30, 2025Jun 13, 2025
$0.1550
$0.1550
Quarterly0.00%
Feb 12, 2025
Feb 28, 2025Mar 14, 2025
$0.1550
$0.1550
Quarterly0.00%
Nov 13, 2024
Nov 29, 2024Dec 13, 2024
$0.1550
$0.1550
Quarterly-3.13%
Sep 19, 2024
Sep 20, 2024Sep 27, 2024
$0.1600
$0.1600
Quarterly+6.67%
Aug 14, 2024
Aug 30, 2024Sep 13, 2024
$0.1500
$0.1500
Quarterly0.00%
May 8, 2024
May 24, 2024Jun 7, 2024
$0.1500
$0.1500
Quarterly0.00%
Feb 14, 2024
Mar 1, 2024Mar 15, 2024
$0.1500
$0.1500
Quarterly0.00%
Nov 8, 2023
Nov 24, 2023Dec 8, 2023
$0.1500
$0.1500
Quarterly0.00%
Aug 9, 2023
Aug 25, 2023Sep 8, 2023
$0.1500
$0.1500
Quarterly0.00%
May 10, 2023
May 26, 2023Jun 9, 2023
$0.1500
$0.1500
Quarterly0.00%
Feb 8, 2023
Feb 24, 2023Mar 10, 2023
$0.1500
$0.1500
Quarterly+7.14%
Nov 16, 2022
Dec 2, 2022Dec 16, 2022
$0.1400
$0.1400
Quarterly0.00%
Aug 10, 2022
Aug 26, 2022Sep 9, 2022
$0.1400
$0.1400
Quarterly0.00%
May 11, 2022
May 27, 2022Jun 10, 2022
$0.1400
$0.1400
Quarterly0.00%
Feb 9, 2022
Feb 25, 2022Mar 11, 2022
$0.1400
$0.1400
Quarterly+16.67%
Nov 10, 2021
Nov 26, 2021Dec 10, 2021
$0.1200
$0.1200
Quarterly0.00%
Aug 16, 2021
Aug 27, 2021Sep 10, 2021
$0.1200
$0.1200
Quarterly0.00%
May 12, 2021
May 28, 2021Jun 11, 2021
$0.1200
$0.1200
Quarterly0.00%
Feb 11, 2021
Feb 26, 2021Mar 12, 2021
$0.1200
$0.1200
Quarterly+9.09%
Dec 9, 2020
Dec 21, 2020Dec 29, 2020
$0.1100
$0.1100
Quarterly0.00%
Sep 9, 2020
Sep 21, 2020Sep 29, 2020
$0.1100
$0.1100
Quarterly0.00%
Jun 10, 2020
Jun 22, 2020Jun 30, 2020
$0.1100
$0.1100
Quarterly0.00%
Feb 12, 2020
Feb 28, 2020Mar 13, 2020
$0.1100
$0.1100
Quarterly+22.22%
Nov 13, 2019
Nov 29, 2019Dec 13, 2019
$0.0900
$0.0900
Quarterly0.00%
Aug 14, 2019
Aug 30, 2019Sep 13, 2019
$0.0900
$0.0900
Quarterly0.00%
May 8, 2019
May 31, 2019Jun 14, 2019
$0.0900
$0.0900
Quarterly0.00%
Feb 13, 2019
Mar 1, 2019Mar 15, 2019
$0.0900
$0.0900
Quarterly+80.00%
Nov 14, 2018
Nov 30, 2018Dec 14, 2018
$0.0500
$0.0500
Quarterly0.00%
Aug 8, 2018
Aug 31, 2018Sep 14, 2018
$0.0500
$0.0500
Quarterly0.00%
May 8, 2018
Jun 1, 2018Jun 15, 2018
$0.0500
$0.0500
Quarterly0.00%
Feb 14, 2018
Mar 2, 2018Mar 16, 2018
$0.0500
$0.0500
Quarterly+42.86%
Nov 15, 2017
Dec 1, 2017Dec 15, 2017
$0.0350
$0.0350
Quarterly0.00%
Aug 9, 2017
Sep 1, 2017Sep 15, 2017
$0.0350
$0.0350
Quarterly0.00%
May 10, 2017
Jun 2, 2017Jun 16, 2017
$0.0350
$0.0350
Quarterly0.00%
Feb 8, 2017
Mar 3, 2017Mar 17, 2017
$0.0350
$0.0350
Quarterly+16.67%
Nov 16, 2016
Dec 2, 2016Dec 16, 2016
$0.0300
$0.0300
Quarterly0.00%
Aug 10, 2016
Sep 2, 2016Sep 16, 2016
$0.0300
$0.0300
Quarterly0.00%
May 10, 2016
Jun 3, 2016Jun 17, 2016
$0.0300
$0.0300
Quarterly0.00%
Feb 10, 2016
Mar 4, 2016Mar 18, 2016
$0.0300
$0.0300
Quarterly+20.00%
Nov 18, 2015
Dec 4, 2015Dec 18, 2015
$0.0250
$0.0250
Quarterly0.00%
Aug 12, 2015
Sep 4, 2015Sep 18, 2015
$0.0250
$0.0250
Quarterly0.00%
Jun 10, 2015
Jun 17, 2015Jun 26, 2015
$0.0250
$0.0250
Quarterly0.00%
Feb 11, 2015
Mar 6, 2015Mar 20, 2015
$0.0250
$0.0250
Quarterly0.00%
Nov 12, 2014
Dec 5, 2014Dec 19, 2014
$0.0250
$0.0250
Quarterly0.00%
Aug 13, 2014
Sep 5, 2014Sep 19, 2014
$0.0250
$0.0250
Quarterly0.00%
May 7, 2014
Jun 6, 2014Jun 20, 2014
$0.0250
$0.0250
Quarterly-
fxnc

First National Corporation Payout Ratio Analysis

FXNC ยท NASDAQ
Dividends Paid
-5.52M
2025
Net Income
17.70M
2025
Payout Ratio
31.18%
2025

Dividend Sustainability Analysis

Payout Ratio
31.18%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
26.3%

Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.

Dividend Growth
-36.7%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.

Key Insight

Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.