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
3Y-6.0%
5Y+67.0%
10Y+180.0%
3Y-76.0%
5Y-58.0%
10Y+16.0%
3Y-114.0%
5Y-98.0%
10Y-87.0%
FXNC

First National Corporation Cash Conversion Engine

FXNC ยท NASDAQ
Net Income17.70M
Depreciation & Amortization0.00
Stock-Based Compensation0.00
Change in Working Capital-150.00K
Others7.64M
Capital Expenditures-4.18M
Free Cash Flow21.01M

Cash Flow Quality Analysis

FCF Conversion Rate

118.7%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

16.6%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+182.4%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$150.00K

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

First National Corporation Cash Flow Statement

FXNC โ€ข NASDAQ

First National Corporation Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
17.7M
7M
9.6M
16.8M
10.4M
8.9M
9.6M
10.1M
6.4M
5.9M
2.7M
7.6M
9.9M
2.8M
-11M
-3.6M
2.1M
4.2M
5.7M
5.8M
0.0
2.4M
1.6M
1.5M
1.4M
1.5M
1.6M
1.8M
2M
2.1M
1.9M
983K
1M
1.1M
1.2M
1.2M
1.6M
1.3M
1.2M
1.2M
0.0
-437K
-399K
-241K
-1.7M
-923K
-8K
135K
1.3M
428K
134K
2M
-4.8M
0.0
6.4M
-4M
-1.9M
-659K
-261K
41K
0.0
635K
753K
785K
354K
290K
183K
189K
141K
113K
99K
0.0
0.0
0.0
0.0
42K
190K
147K
0.0
0.0
7.6M
3.8M
5.5M
3M
-356K
3.1M
807K
724K
286K
87K
39K
-3.4M
1.6M
3.8M
15.3M
14.7M
3M
2.3M
-15K
148K
(3.4M)
(2.1M)
(3.4M)
(3.4M)
(2M)
(3.1M)
(2.2M)
(1.3M)
(3.4M)
(2M)
(929K)
(601K)
(310K)
(1M)
(0.0)
(3.7M)
(515K)
(3M)
(0.0)
(0.0)
-150K
-35.6M
-732K
5M
-2.2M
2.3M
-324K
770K
-3.6M
347K
-199K
-223K
960K
4.5M
-1.5M
-1M
-770K
-447K
952K
-883K
25.2M
-22.2M
16.4M
26.8M
7.9M
15.1M
11.9M
13.8M
6.6M
9M
4.6M
7M
8.7M
12.2M
10.4M
7.3M
4.3M
6.9M
7.6M
6.3M
INVESTING ACTIVITIES
(0.0)
-3.3M
-1.9M
-1.2M
-835K
-909K
-1M
-1.5M
-1.1M
-1M
-2M
-475K
-548K
-553K
-472K
-379K
-1.1M
-3.4M
-2.6M
-4.7M
(0.0)
(70.2M)
(0.0)
(0.0)
-44.3M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(179.5M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-26M
-2.1M
-75.2M
-221.1M
-50.9M
-17M
-27.6M
-23.2M
-13.6M
-109.7M
-14.2M
-42.1M
-54.1M
-56.7M
-15.3M
-21.7M
-16.2M
-21.3M
-5.2M
0.0
114.5M
20.9M
48.3M
59.6M
37.3M
24.3M
20.3M
33.1M
35.6M
20.1M
36.2M
24.1M
56.1M
27.1M
14.5M
17.3M
15.7M
33.2M
16.1M
-29.4M
-18.6M
-51.3M
-92.1M
80.4M
-56M
-35.1M
-21M
-35.4M
-46.3M
-62.7M
-21.5M
27.4M
-3.7M
29.8M
-2.5M
5.2M
-6.9M
-23M
-57.6M
-29.4M
(136.8M)
-34.3M
-120.1M
-126.3M
-70.5M
-28.9M
-29.8M
-26.5M
-25.3M
(25.2M)
(55K)
(8.8M)
-2.3M
-261K
-3.6M
-311K
-10.7M
-13.6M
-51.4M
FINANCING ACTIVITIES
-154K
-106K
-682K
-183K
-39K
-2.1M
-20K
-24K
0.0
0.0
-1K
0.0
0.0
7.6M
0.0
-26K
-85K
-44K
-12K
-570K
11.5M
-50M
50M
-5M
0.0
5M
0.0
0.0
0.0
0.0
4.9M
-6M
-24K
-13M
-1M
-64K
-25.2M
4.8M
-1.8M
-8.6M
-5.5M
-4M
-3.6M
-3.3M
-2.5M
-2M
-1.7M
-929K
-646K
-550K
-1.7M
-1.4M
-758K
-758K
-1.3M
-2.2M
-2M
-1.6M
-1.5M
-1.4M
-154K
-106K
-682K
-183K
-39K
-2.1M
-20K
-24K
(0.0)
(0.0)
-14.6M
(0.0)
(0.0)
(0.0)
(0.0)
-26K
-85K
-44K
(0.0)
(0.0)
-3.6M
15.2M
-7.5M
-7.2M
169.7M
136M
35.9M
5.7M
19.5M
18.6M
-3.8M
-6.3M
-16.2M
-2.3M
5.7M
-412K
13.9M
-1.7M
10.1M
57.4M
2.3M
-38.9M
38.2M
-15.7M
167.1M
136.9M
34.2M
4.7M
18.9M
18.1M
-15.3M
-13.7M
-17M
-8.4M
3.4M
-2.7M
503K
1.5M
6.8M
46.8M
CASH FLOW SUMMARY
-2M
75.7M
20.2M
-109.1M
48.7M
81.5M
17.2M
-11.4M
-1.1M
1.8M
14.5M
-6.7M
480K
1.5M
13.5M
1M
4.5M
-2.4M
782K
1.7M
162.9M
87.2M
66.9M
176M
127.3M
45.8M
28.6M
40M
41.1M
39.3M
24.8M
31.5M
31M
29.5M
16M
15M
10.5M
12.9M
12.1M
10.4M
160.9M
162.9M
87.2M
66.9M
176M
127.3M
45.8M
28.6M
40M
41.1M
39.3M
24.8M
31.5M
31M
29.5M
16M
15M
10.5M
12.9M
12.1M
21M
-25.5M
14.5M
25.6M
7M
14.2M
10.8M
12.2M
5.5M
8M
2.6M
6.5M
8.1M
11.7M
10M
6.9M
3.2M
3.4M
5.1M
1.6M

SEC Filings

FXNC - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 14, 2026
May 13, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 13, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 13, 2026
May 13, 2026
2026
8-K

8-K 2026

N/A

April 30, 2026
April 30, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 02, 2026
May 13, 2026
2026
10-K

10-K 2025 FY

FY

March 25, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 12, 2026
February 11, 2026
2026
8-K

8-K 2026

N/A

February 12, 2026
February 11, 2026
2026
8-K

8-K 2026

N/A

January 29, 2026
January 29, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 14, 2025
September 30, 2025
2025
Showing 1 to 10 of 364 filings