First National (NASDAQ:FXNC) Announces Earnings Results, Beats Estimates By $0.13 EPS

First National (NASDAQ:FXNC) announced its quarterly earnings data on Friday. The company reported $0.76 EPS for the quarter, beating the consensus estimate of $0.63 by $0.13, FiscalAI reports. First National had a net margin of 18.43% and a return on equity of 11.50%. The company had revenue of $25.29 million for the quarter, compared to the consensus estimate of $24.27 million.

First National Stock Up 0.4%

FXNC stock opened at $29.98 on Friday. First National has a fifty-two week low of $22.09 and a fifty-two week high of $33.24. The business’s 50-day moving average is $30.40 and its two-hundred day moving average is $29.60. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.88 and a current ratio of 0.88. The company has a market cap of $271.02 million, a price-to-earnings ratio of 11.80 and a beta of 0.47.

First National Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Friday, August 28th were issued a $0.17 dividend. The ex-dividend date of this dividend was Friday, August 28th. This represents a $0.68 dividend on an annualized basis and a yield of 2.3%. First National’s dividend payout ratio is currently 26.77%.

First National News Summary

Here are the key news stories impacting First National this week:

• Positive Sentiment: Third-quarter earnings were $0.76 per diluted share, exceeding the $0.63 analyst consensus by $0.13 and rising from $0.58 in the year-ago quarter. First National Corp. Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: Revenue reached $25.29 million, topping the $24.27 million consensus estimate by approximately $1.02 million. The company also reported an 18.43% net margin and 11.50% return on equity. First National Earnings Results
• Positive Sentiment: Management characterized both quarterly and year-to-date 2026 financial performance as records, while separate coverage highlighted an expanding margin. The combination of earnings and revenue beats, year-over-year EPS growth, and improved profitability supports investor optimism about the bank’s operating momentum. First National Reports Record Third Quarter and Year-to-Date Performance
• Neutral Sentiment: Earlier reporting only previewed the quarterly release and did not introduce a new financial or operational development. First National Projected to Release Quarterly Earnings

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “buy (b)” rating on shares of First National in a research note on Friday, October 9th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

About First National

First National Corporation (NASDAQ: FXNC) is a bank holding company headquartered in Strasburg, Virginia. The company operates through its principal subsidiary, First Bank, a community banking institution serving individuals, families, businesses and organizations in Virginia.

First Bank provides a range of traditional banking products and services, including checking and savings accounts, certificates of deposit, consumer and residential real estate lending, commercial loans, mortgage services and online and mobile banking.