FIRST NATIONAL CORP (FXNC)
Financials · Regional Banking · NASDAQ
A community bank holding company serving the Shenandoah Valley and broader Virginia regions with traditional banking and wealth management services.
What FIRST NATIONAL CORP does
First National Corporation is a bank holding company that operates First Bank, a community bank providing a range of financial services to individuals, small and medium-sized businesses, and local government entities. The company's core operations include commercial and consumer lending, deposit services, and wealth management, delivered through a network of bank branches and digital platforms primarily located in Virginia.
Themes: community banking, wealth management, commercial lending, mortgage lending, treasury management
Fundamentals
- Price$31.08 as of 2026-08-24 close
- Market cap$281M as of 2026-08-24
- 1-year return+31.8% 2025-08-22 close $23.59 → 2026-08-24 close $31.08
- P/E12.96 as of 2026-08-24
- ROE+11.6% as of 2026-08-24
- Debt / equity0.22 as of 2026-08-24
- Beta0.62 as of 2026-08-24
- Last reported earnings2026-07-29 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +2.0%; at least 5 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How FXNC compares in its sector
- price-to-earnings ratiomiddle range 523 covered Financials peers, as of 2026-08-24
- return on equitymiddle range 575 covered Financials peers, as of 2026-08-24
- indicated dividend yieldmiddle range 453 covered Financials peers, as of 2026-08-24
- free cash flow (absolute dollars, latest fiscal year)bottom 25% 431 covered Financials peers, as of FY2025
Position among covered Financials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, FXNC's dividend was covered by reported results (earnings payout 31%, free-cash-flow payout 26%). This describes past coverage, not a forecast.
- Earnings payout31% dividends / net income
- Free-cash-flow payout26% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How FIRST NATIONAL CORP looks technically
FIRST NATIONAL CORP (FXNC) is trading 13.5% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 231 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 14, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 50, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 6 trading days ago (its momentum flipped negative). It made a new 20-day high about 16 trading days ago. Day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 8% of the past ~6 months), which often precedes a bigger move.
Trend
8
| Distance from the 200-day | it is trading 13.5% above its 200-day average, the long-term trend line — a longer-term uptrend | +13.5% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $30.41 | $30.41 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $27.38 | $27.38 |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing low 14 calendar days ago — the swings before that are what the structure reading is measured on | 14 sessions |
| Wave structure | its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five; the labelling fails if price closes below 31.07. It is one of several labellings that fit, and it describes the swings already printed, not what comes next. The same swings also read as a three-part correction in leg C. | possible upward five-wave sequence, in wave 3 (one of several readings) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 231 trading days ago — a "golden cross", a bullish long-term signal | 231 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 14, below the 25 that marks a real trend) | 13.5 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 50, neither overbought (above 70) nor oversold (below 30) | 50.5 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($30.35 to $32.79) — its "stochastic" reading is 30 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 29.9 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bearish about 6 trading days ago (its momentum flipped negative) | 6 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $33.24 | $33.24 |
|---|---|---|
| From the 52-week high | it is 6.5% below its 52-week high (its highest price of the past year) | -6.5% |
| Above the 52-week low | it is 44.0% above its 52-week low (its lowest price of the past year) | +44.0% |
| Below the 52-week high | it is 6.5% below its highest point of the past year | 6.5% |
| Since a 20-day breakout | it made a new 20-day high about 16 trading days ago | 16 sessions |
| Since a 55-day breakout | it made a new 55-day high about 16 trading days ago | 16 sessions |
| All-time high | its highest closing price on record is $33.24 (set on 2026-08-03) | $33.24 |
| Given back of the 52-week move | over the past year its closes ranged ($21.78 to $32.37), and it has given back only a small part of its rise from last year’s low — 12% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $25.49 to $25.83. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 12.2% |
| From the all-time high | it is 6.5% below its all-time high | -6.5% |
| Nearest price level | it is sitting right on a resistance level at $31.14 — a price it turned at twice since 2026-07-01, most recently on 2026-08-10. Since 2024-08-26 it has 12 such levels below the current price and 1 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +0.2% |
| All-time low | its lowest closing price on record is $3.55 (set on 2012-05-30) | $3.55 |
| Above the all-time low | it is 775.5% above its all-time low | +775.5% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 8% of the past ~6 months), which often precedes a bigger move | 8th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $1.00 between its high and its low — about 3.2% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $1.00 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $30.54 and $32.61 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $30.54 – $31.58 – $32.61 |
| Typical daily range (% of price) | its price moves about 3.2% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 3.2% |
| Stretch from the 200-day average | it is trading 3.7 daily ranges above its 200-day average price (13.5% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 3.7 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.74× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a doji | 1 session ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 1 session ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-08-24 4.1% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +4.1% |
|---|---|---|
| Open gap | it gapped 2.3% above the previous close 18 sessions ago and has not traded back through the level it left behind at 30.28 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +2.3% |
| Gap filled | a 4.1% gap up opened on 2026-08-24 has been "filled" today — price traded back through the level the gap left behind, and it closed again during the very session that opened it | today |
Price streaks
1
| Closing streak | it has closed higher 3 sessions in a row, a +1.14% move over the run — an unbroken run of up days, which describes what has already happened and says nothing about the next session | 3 sessions up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 1.1 percentage points (the stock gained 4.5% while the market gained 3.3%) | +1.1% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 9.3 percentage points (the stock gained 11.7% while the market gained 2.4%) | +9.3% |
| vs market, 6 months | over the past 6 months this stock beat the market by 5.6 percentage points (the stock gained 16.7% while the market gained 11.1%) | +5.6% |
| vs market, 12 months | over the past 12 months this stock beat the market by 13.4 percentage points (the stock gained 31.8% while the market gained 18.3%) | +13.4% |
Signal agreement
2
| Bullish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, outperforming the market over 6 months, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: MACD momentum is negative — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 4.9% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-17 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is moderate, spanning 2.7% of the share price. | +4.9% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 10% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $28.26 — a volume-weighted average of daily closes over 158 sessions, not a true tick-by-tick VWAP. | +10.0% |
|---|---|---|
| Vs the average paid since it last reported | the price is 2% below the average price paid since it last reported on 2026-07-29 (its 8-K), so the typical buyer over that stretch is under water. That average is $31.67 — a volume-weighted average of daily closes over 19 sessions, not a true tick-by-tick VWAP. | -1.9% |
Price levels it has turned at before
FXNC last closed at $31.08 on 2026-08-24. Since 2024-08-26 it has turned at 12 prices below its last close and 1 above; the 3 nearest below and the nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $31.14 | Resistance | 0.2% above the last close | turned there twice · 2026-07-01 to 2026-08-10 |
| $30.46 | Support | 2.0% below the last close | turned there twice · 2026-06-12 to 2026-07-17 |
| $28.64 | Support | 7.8% below the last close | turned there four times · 2026-02-09 to 2026-07-08 |
| $27.04 | Support | 13.0% below the last close | turned there three times · 2025-02-06 to 2026-06-01 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five.
This labelling fails — stops being a possible reading at all — if it closes below $31.07.
This is one of several labellings that fit the same swings, so treat it as a reading rather than the reading. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
On past moves of this shape the leg has usually ended somewhere between $38.02 and $42.32 — that is where it has tended to end if the count holds, not a forecast of where the price goes.
Alternate reading: The same swings also read as a three-part correction in leg C, which fails on a close below $31.07.
This reading has stood for 1 trading day, since 2026-08-24.
Read from daily closes as of 2026-08-24.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · in a Bollinger Band volatility squeeze · trendless / choppy (low ADX) · beating the market · Gapped up at the open (3%+) · Under water since its last earnings report (below the anchored VWAP) | Learn: moving average · golden cross · adx · rsi · macd · breakout · bollinger bands
Based on daily closing prices as of 2026-08-24. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingHold (3.00 mean, 1=Strong Buy…5=Strong Sell) — 2 analysts
- Mean price target$32.50 range $32.00 – $33.00
Analyst estimates, as of 2026-08-21. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for FXNC
- Consensus EPS estimate$0.63 next reporting period, as of 2026-08-21
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Fluctuations in interest rates affecting net interest income and asset quality","Economic conditions, including inflation and unemployment, impacting loan portfolio performance","Strong competition for deposits and loans from national banks, regional banks, and credit unions"]
What changed in the latest 10-Q
AI-assisted comparison of FXNC's 10-Q filed 2026-05-13 against the prior one filed 2025-11-14.
Management's Discussion & Analysis (MD&A)
- Added:
- Added bullet point on 'advances and changes in technology, including artificial intelligence, and the Company's ability to develop timely and competitive products and services and effectively manage related risks' (filed 2026-05-13)
- Added bullet point on 'the emergence of digital assets and payment stablecoins, and evolving legislative or regulatory frameworks, which could alter deposit flows, competition, and credit intermediation and, in turn, adversely affect the Company's funding, liquidity, or overall financial performance' (filed 2026-05-13)
- Removed:
- Removed reference to 'the impact of the Company's acquisition (the Merger) of Touchstone Bankshares, Inc. (Touchstone)' from opening paragraph (filed 2025-11-14)
- Removed bullet point on 'the ability of the Company and the Bank to realize the anticipated benefits of the Merger' (filed 2025-11-14)
- Removed bullet point on 'expected revenue synergies and cost savings from the Merger that may not be fully realized or realized within the expected time frame' (filed 2025-11-14)
- Removed bullet point on 'revenues following the Merger that may be lower than expected' (filed 2025-11-14)
- Reworded:
- Changed 'the level of net charge-offs on loans and the adequacy of the allowance for credit losses' to 'the level of net charge-offs on loans and the adequacy of the allowance for credit losses on loans' (filed 2026-05-13)
- Changed 'especially if the Company's or the industry's reputation were to become damaged' to 'especially if the Company's, or industry's, reputation become damaged' (filed 2026-05-13)
- Removed semicolon and reorganized final bullet points regarding political developments (filed 2026-05-13)
- Notes:
- Text appears truncated at end of both filings ('other factors identified in'); full context of final risk factors not available for comparison
- Opening paragraph in older filing mentions acquisition/Merger; newer filing does not reference it, suggesting transaction may have been completed or status changed between filings
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales recorded in the last 90 days.
- Last 180 days1 buy ($26910) · 0 sells — 1 buying insider
Most recent open-market transaction: 2026-03-04. As of 2026-08-25.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about FXNC's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
4 institutional 13F filers reported holding FXNC as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 4
- Reported shares held 530,790
- Reported value $14,288,867
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 3 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
FXNC had 153,842 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
FXNC had 1.70% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 4.3 days to cover at the same settlement.
- Reported short interest (shares) 153,842
- Short interest (% of shares outstanding) 1.70%
- Prior settlement (shares) 148,098
- Reported change 3.88%
- Days to cover (reported) 4.3
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Truist Financial (TFC)
- TowneBank (TOWN)
- Atlantic Union Bankshares (AUB)
- Carter Bankshares (CARE)
- FVCbankcorp (FVCB)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does FIRST NATIONAL CORP (FXNC) do?
First National Corporation is a bank holding company that operates First Bank, a community bank providing a range of financial services to individuals, small and medium-sized businesses, and local government entities. The company's core operations include commercial and consumer lending, deposit services, and wealth management, delivered through a network of bank branches and digital platforms primarily located in Virginia.
What sector is FIRST NATIONAL CORP (FXNC) in?
FIRST NATIONAL CORP (FXNC) is classified in the Financials sector. Its industry is Regional Banking. It trades on NASDAQ.
Does FXNC pay a dividend?
Yes — FIRST NATIONAL CORP (FXNC) pays a dividend, with an indicated yield of about 1.96% and at least 5 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-08-24). Informational only — not financial advice.
Who are FIRST NATIONAL CORP's (FXNC) competitors?
Notable peers of FIRST NATIONAL CORP (FXNC) include Truist Financial, TowneBank, Atlantic Union Bankshares, Carter Bankshares and FVCbankcorp. This peer set is informational only — not financial advice.
Is FIRST NATIONAL CORP (FXNC) overbought or oversold right now?
FIRST NATIONAL CORP (FXNC) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 50, in the neutral middle (as of 2026-08-24). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on FXNC come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-24.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.