First National Corporation (FXNC)

In the past six months, First National Corp. reported earnings, declared and increased dividends, continued acquisition integration, experienced stock performance fluctuations, redeemed subordinated debt, and saw CFO stock purchases. The company reported its third-quarter 2025 earnings on October 30, 2025, and its fourth-quarter and annual 2025 earnings on January 29, 2026, also reporting record second-quarter 2025 earnings on July 30, 2025. A quarterly cash dividend of $0.155 per common share was announced in August 2025, followed by a 9.7% increase to $0.17 per share in November 2025. The acquisition of Touchstone Bankshares, Inc. was completed on October 1, 2024, with systems integration continuing into February 2025. As of February 7, 2026, FXNC was trading at $28.60, with analysts holding a "Hold" rating. The company redeemed $13 million in subordinated debt during the fourth quarter of 2025. Brad E. Schwartz, EVP - CFO, acquired 1,000 shares of common stock on August 7, 2025, and $19,650 in stock on June 6, 2025.

While specific demand seasonality for First National Corp. (Virginia) (FXNC) products and services is not explicitly detailed, the banking industry generally experiences seasonal trends. Loan demand is typically low in January and February, increases in March, and peaks in August or September. Investment services see increased demand in December and early January, and tax planning contributes to a rise in banking activity around March.

First National Corp. (Virginia) (FXNC) is a bank holding company operating through its subsidiary, First Bank, providing commercial banking services to small and medium-sized businesses, individuals, estates, local governmental entities, and non-profit organizations. The company offers deposit products, construction loans, real estate loans, commercial and industrial loans, home equity loans, consumer loans, wealth management services, title insurance, investment services, internet and mobile banking, and remote deposit capture.

First National Corp. primarily operates in Virginia and northern North Carolina, with 33 branch offices in the Shenandoah Valley, Roanoke Valley, central and south-central Virginia, Richmond, and northern North Carolina. It also has two to three loan production offices and a customer service center in a retirement community.

First National Corp. has maintained a positive brand reputation due to its financial performance and strategic initiatives. The company completed the integration of Touchstone Bankshares, reported record earnings for 2025, consistently increased its annual cash dividend payout for 11 consecutive years, and appointed Joe Shearin as President, Greater Richmond Market in February 2025. No specific negative events impacting First National Corp.'s brand reputation in the past year were found in the provided information.

Individual investors hold 44% of First National Corp. (Virginia) (FXNC) shares, while institutional investors and hedge funds hold between 31% and 33.92%. BNP Paribas Financial Markets, Police & Firemen's Retirement System of New Jersey, Bank of America Corp DE, JPMorgan Chase & Co., and MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. have recently increased their stakes.