Stocks · Financial Services · Banks - Regional
First National Corporation FXNC
$30.06 +1.45% Close, Oct 2, 2026 · NASDAQ · Market cap $271.8M
Strong growthHigh qualityInexpensive vs sector
Next earnings report: Oct 29, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $2.40, up 140.0% year over year.
- Operating margin widened to 22.9% from 8.7% a year earlier.
- The stock is in an uptrend: above its 200-day average for 238 trading days, with the 50-day average above the 200-day.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 33%
- EPS growth (TTM, YoY)Top 7%
- Revenue growth, 3-year CAGRTop 24%
- Revenue growth accelerationBottom 17%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 18%
- Gross marginTop 21%
- Operating marginTop 48%
- Cash conversion (OCF / net income)Top 31%
- Accruals (lower is better)Top 43%
- Net debt / EBITDA (lower is better)Top 6%
- Interest coverTop 45%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 37%
- Free-cash-flow yieldTop 35%
- EBITDA / enterprise valueTop 7%
- Sales / enterprise valueTop 14%
- P/E vs own 5-year history (lower is better)Bottom 45%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 15%
- 6-month returnTop 38%
- 1-year return vs S&P 500Top 17%
- Distance from 52-week highTop 47%
- Trend checklist (0–4)Top 48%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 43%
- Consecutive EPS beatsTop 34%
- Upside to consensus price targetBottom 1%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 38%
- Maximum drawdown, 3 yearsBottom 41%
- Beta vs S&P 500 (lower is better)Bottom 49%
- Net debt / EBITDA (lower is better)Top 6%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 21.8% | 12.2% | ↓ |
| EPS growth (YoY) | 180.7% | 140.0% | ↓ |
| Gross margin | 67.3% | 77.5% | ↑ |
| Operating margin | 8.7% | 22.9% | ↑ |
| FCF margin | -24.6% | 23.4% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 12.2% | 21.8% | ↓ | Top 33% |
| EPS growth (TTM, YoY) | 140.0% | 180.7% | ↓ | Top 7% |
| Gross margin | 77.5% | 67.3% | ↑ | Top 21% |
| Operating margin | 22.9% | 8.7% | ↑ | Top 48% |
| Net margin | 18.5% | 7.6% | ↑ | — |
| Free-cash-flow margin | 23.4% | -24.6% | ↑ | — |
| Return on invested capital | 8.9% | — | Top 18% | |
| Revenue growth, 3-year CAGR | 22.7% | — | Top 24% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.45×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -0.5%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.9%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -6.2 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- -4.06×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 1.1×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 2.13%
- Net buyback yield (TTM)
- 0.09%
- Shareholder yield
- 2.22%
- Share count change, 1 year
- +0.6%
- Share count change, 3-year CAGR
- +13.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 13, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 3
- Beats in the last 8 reports
- 5 of 8
- Average EPS surprise, last 4
- +3.5%
- Average 2-day reaction, last 8
- +0.2%
- Positive 20 days after report
- 7 of 8
Analysts
- Consensus price target
- $21.00
- Target vs current price
- -30.1%
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 29, 2026 | +6.8% | +3.6% | +5.3% | +2.7% | — |
| Apr 30, 2026 | +3.8% | -4.4% | -1.6% | +0.3% | +6.2% |
| Jan 29, 2026 | +3.3% | +0.9% | +10.0% | +6.8% | +10.5% |
| Oct 30, 2025 | +0.0% | +0.0% | +3.9% | +10.0% | +15.5% |
| Jul 30, 2025 | +16.3% | +0.2% | -2.2% | +8.8% | +5.4% |
| Apr 30, 2025 | -34.0% | -4.5% | -4.5% | +1.0% | +6.5% |
| Feb 6, 2025 | +40.4% | +5.6% | +3.4% | -8.3% | -21.2% |
| Nov 1, 2024 | +0.0% | +0.3% | +6.2% | +17.2% | +18.8% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 29, 2026 | $0.63 | $0.59 | +6.8% | $24.0M |
| Apr 30, 2026 | $0.54 | $0.52 | +3.8% | $22.5M |
| Jan 29, 2026 | $0.62 | $0.60 | +3.3% | $24.0M |
| Oct 30, 2025 | $0.58 | $0.58 | +0.0% | $22.8M |
| Jul 30, 2025 | $0.57 | $0.49 | +16.3% | $21.9M |
| Apr 30, 2025 | $0.35 | $0.53 | -34.0% | $20.6M |
| Feb 6, 2025 | $0.66 | $0.47 | +40.4% | $20.1M |
| Nov 1, 2024 | $0.36 | $0.36 | +0.0% | $14.6M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 12.5× | 10.7× | 62th | Top 37% |
| P/E (forward) | 12.3× | — | — | — |
| EV / EBITDA | 4.9× | — | — | Top 7% |
| EV / Sales | 1.26× | — | — | Top 14% |
| Free-cash-flow yield | 10.11% | — | — | Top 35% |
| Earnings yield | 7.98% | — | — | Top 37% |
P/E over the past five years
Range 5.4× – 25.2× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +33.7%
- Earnings per share growth (TTM)
- +140.0%
- Change in P/E multiple
- -40.3%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 238
- 50-day average slope (20 days)
- +1.1%
- 200-day average slope (20 days)
- +2.2%
- Distance from 50-day average
- -2.8%
- Distance from 200-day average
- +5.9%
- RSI (14)
- 46.3
- Relative volume
- 0.41×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 23.9%
- Volatility vs own 5-year history
- 48th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.71
- Correlation with S&P 500
- 0.37
- Current drawdown from 1-year high
- -7.1%
- Maximum drawdown, 3 years
- -32.1%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Sep 21, 2021 | May 2, 2023 | -42.4% | 405 days | 387 days (Nov 13, 2024) |
| Feb 6, 2025 | Jun 23, 2025 | -30.8% | 93 days | 154 days (Feb 2, 2026) |
| Dec 9, 2024 | Jan 13, 2025 | -12.2% | 22 days | 17 days (Feb 6, 2025) |
| Feb 6, 2026 | Mar 18, 2026 | -11.0% | 27 days | 15 days (Apr 9, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $271.8M
- P/E (TTM)
- 12.5
- EPS, diluted (TTM)
- $2.40
- Revenue (TTM)
- $117.4M
- Dividend yield
- 2.26%
- 52-week range
- $21.59 – $33.24
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $46.2M | $60.7M | $67.9M | $88.3M | $112.2M |
| Gross profit | $44.5M | $55.0M | $47.4M | $56.6M | $83.1M |
| Operating income | $12.9M | $20.7M | $11.8M | $8.0M | $21.9M |
| Net income | $10.4M | $16.8M | $9.6M | $7.0M | $17.7M |
| EPS (diluted) | $1.86 | $2.68 | $1.53 | $1.00 | $1.96 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $20.3M | $28.6M | $27.2M | $28.5M | $29.6M | $30.0M | $28.2M | $29.7M |
| Net income | $2.2M | -$933,000 | $1.6M | $5.1M | $5.5M | $5.5M | $4.9M | $5.7M |
| EPS (diluted) | $0.36 | -$0.10 | $0.18 | $0.56 | $0.62 | $0.61 | $0.54 | $0.63 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $7.9M | $26.8M | $16.4M | -$22.2M | $25.2M |
| Capital expenditure | -$835,000 | -$1.2M | -$1.9M | -$3.3M | -$4.2M |
| Free cash flow | $7.0M | $25.6M | $14.5M | -$25.5M | $21.0M |
| Dividends paid | -$2.5M | -$3.3M | -$3.6M | -$4.0M | -$5.5M |
| Net share buybacks | -$39,000 | -$183,000 | -$682,000 | -$106,000 | -$154,000 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $489.0M
- Total assets
- $2.08B
- Total liabilities
- $1.88B
- Total debt
- $42.7M
- Net debt
- -$123.4M
- Shareholders’ equity
- $193.6M
As of Jun 30, 2026 (filed Aug 13, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 28, 2026 | $0.17 | Sep 11, 2026 |
| May 29, 2026 | $0.17 | Jun 12, 2026 |
| Feb 27, 2026 | $0.17 | Mar 13, 2026 |
| Nov 28, 2025 | $0.17 | Dec 12, 2025 |
| Aug 29, 2025 | $0.16 | Sep 12, 2025 |
| May 30, 2025 | $0.16 | Jun 13, 2025 |
| Feb 28, 2025 | $0.16 | Mar 14, 2025 |
| Nov 29, 2024 | $0.16 | Dec 13, 2024 |
Short interest
- Shares sold short
- 179,260
- Days to cover
- 7.60
- Change vs previous report
- +5.1%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- May 2, 2005
- 2-for-1
- Jun 2, 2003
- 2-for-1