FXNC
First National Corp
NASDAQ: FXNC · FINANCIAL SERVICES · BANKS - REGIONAL
$26.72
-4.40% today
Updated 2026-04-30
Market cap
$255.59M
P/E ratio
14.42
P/S ratio
2.94x
EPS (TTM)
$1.96
Dividend yield
2.25%
52W range
$18 – $30
Volume
0.1M
First National Corp (FXNC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $38.12M | $41.57M | $36.86M | $32.99M | $32.45M | $30.79M | $29.95M | $27.16M | $27.18M | $29.52M | $32.86M | $35.14M | $39.49M | $40.55M | $40.10M | $46.17M | $60.67M | $67.88M | $88.27M | $112.20M |
| Revenue growth (YoY) | — | +9.1% | -11.3% | -10.5% | -1.6% | -5.1% | -2.7% | -9.3% | +0.1% | +8.6% | +11.3% | +6.9% | +12.4% | +2.7% | -1.1% | +15.2% | +31.4% | +11.9% | +30.0% | +27.1% |
| Cost of revenue | $15.77M | $17.80M | $14.79M | $11.38M | $18.55M | $17.83M | $7.72M | $2.28M | $-2.07M | $1.34M | $1.98M | $2.49M | $4.11M | $5.34M | $6.38M | $1.65M | $5.67M | $20.46M | $31.72M | $29.14M |
| Gross profit | $22.35M | $23.77M | $22.08M | $21.61M | $13.91M | $12.96M | $22.23M | $24.87M | $29.25M | $28.18M | $30.88M | $32.65M | $35.37M | $35.22M | $33.71M | $44.52M | $55.01M | $47.42M | $56.55M | $83.07M |
| Gross margin | 58.6% | 57.2% | 59.9% | 65.5% | 42.9% | 42.1% | 74.2% | 91.6% | 107.6% | 95.5% | 94.0% | 92.9% | 89.6% | 86.8% | 84.1% | 96.4% | 90.7% | 69.9% | 64.1% | 74.0% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $7.45M | $8.37M | $9.85M | $10.91M | $10.47M | $10.85M | $10.85M | $11.98M | $11.53M | $15.01M | $14.05M | $13.87M | $13.58M | $13.61M | $13.57M | $18.14M | $21.17M | $21.67M | $25.99M | $42.00M |
| Operating income | $8.56M | $8.49M | $6.06M | $2.90M | $-5.81M | $-7.13M | $3.77M | $5.05M | $11.13M | $3.61M | $8.26M | $10.17M | $12.42M | $11.79M | $10.91M | $12.95M | $20.75M | $11.80M | $8.05M | $21.94M |
| Operating margin | 22.5% | 20.4% | 16.4% | 8.8% | -17.9% | -23.1% | 12.6% | 18.6% | 40.9% | 12.2% | 25.1% | 29.0% | 31.5% | 29.1% | 27.2% | 28.0% | 34.2% | 17.4% | 9.1% | 19.6% |
| EBITDA | $9.73M | $9.70M | $7.34M | $4.48M | $-4.58M | $-5.94M | $4.88M | $6.07M | $12.12M | $5.48M | $10.39M | $12.18M | $14.23M | $13.43M | $12.37M | $14.35M | $22.26M | $13.42M | $10.45M | $21.94M |
| EBITDA margin | 25.5% | 23.3% | 19.9% | 13.6% | -14.1% | -19.3% | 16.3% | 22.3% | 44.6% | 18.6% | 31.6% | 34.7% | 36.0% | 33.1% | 30.9% | 31.1% | 36.7% | 19.8% | 11.8% | 19.6% |
| EBIT | $8.56M | $8.49M | $6.06M | $2.90M | $-5.81M | $-7.13M | $3.77M | $5.05M | $11.13M | $3.61M | $8.26M | $10.17M | $12.42M | $11.79M | $10.91M | $12.95M | $20.74M | $11.80M | $8.05M | — |
| Interest expense | $15.39M | $17.40M | $12.79M | $9.08M | $6.81M | $5.45M | $4.17M | $2.71M | $1.78M | $1.44M | $1.98M | $2.39M | $3.51M | $4.89M | $3.38M | $2.30M | $3.82M | $14.31M | $23.87M | $26.25M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $5.80M | $5.75M | $4.22M | $2.15M | $-3.60M | $-10.96M | $2.80M | $9.87M | $7.63M | $2.65M | $5.91M | $6.45M | $10.13M | $9.56M | $8.86M | $10.36M | $16.80M | $9.62M | $6.97M | $17.70M |
| Net income growth (YoY) | — | -0.9% | -26.5% | -49.1% | -267.7% | -204.2% | +125.5% | +252.6% | -22.7% | -65.2% | +122.5% | +9.2% | +57.2% | -5.7% | -7.3% | +16.9% | +62.1% | -42.7% | -27.6% | +154.1% |
| Profit margin | 15.2% | 13.8% | 11.5% | 6.5% | -11.1% | -35.6% | 9.3% | 36.4% | 28.1% | 9.0% | 18.0% | 18.3% | 25.7% | 23.6% | 22.1% | 22.4% | 27.7% | 14.2% | 7.9% | 15.8% |