FXNC
FIRST NATIONAL CORP /VA/
NASDAQ · Financial Services · Banks - Regional · US
$31.60
+1.97%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 118.8M | 112.2M | 88.3M | 67.9M | 60.7M |
| Cost of Revenue | 25.1M | 29.1M | 31.7M | 20.5M | 5.7M |
| Gross Profit | 93.7M | 83.1M | 56.6M | 47.4M | 55.0M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 46.6M | 42.0M | 27.0M | 22.6M | 22.0M |
| General & Admin Expense | 45.4M | 42.0M | 26.0M | 21.7M | 21.2M |
| Selling & Marketing Expense | 1.2M | — | 1.0M | 910.0K | 813.0K |
| Other Expenses | 18.4M | 19.1M | 21.5M | 13.0M | 12.3M |
| Total Operating Expenses | 65.0M | 61.1M | 48.5M | 35.6M | 34.3M |
| Cost and Expenses | 90.1M | 90.3M | 80.2M | 56.1M | 39.9M |
| Operating Income (EBIT) | 28.7M | 21.9M | 8.0M | 11.8M | 20.7M |
| Non-Operating | |||||
| Interest Income | 102.1M | 99.5M | 76.1M | 57.6M | 49.3M |
| Interest Expense | 23.3M | 26.3M | 23.9M | 14.3M | 3.8M |
| Net Interest Income | 78.8M | 73.2M | 52.3M | 43.3M | 45.5M |
| Other Non-Op Income/Expense | — | — | — | — | — |
| Non-Operating Income (excl Interest) | (17.0M) | — | — | — | — |
| EBT (Pre-Tax Income) | 28.7M | 21.9M | 8.0M | 11.8M | 20.7M |
| Income Tax Expense | 5.7M | 4.2M | 1.1M | 2.2M | 4.0M |
| Bottom Line | |||||
| Net Income | 23.0M | 17.7M | 7.0M | 9.6M | 16.8M |
| Earnings from Cont. Ops | 23.0M | 17.7M | 7.0M | 9.6M | 16.8M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 23.0M | 17.7M | 7.0M | 9.6M | 16.8M |
| Per Share | |||||
| Basic EPS | $2.55 | $1.97 | $1.00 | $1.54 | $2.69 |
| Diluted EPS | $2.54 | $1.96 | $1.00 | $1.53 | $2.68 |
| Revenue Per Share | $13.13 | $12.47 | $12.67 | $10.83 | $9.70 |
| Shares | |||||
| Basic Shares Outstanding | 9.1M | 9.0M | 7.0M | 6.3M | 6.3M |
| Diluted Shares Outstanding | 9.1M | 9.0M | 7.0M | 6.3M | 6.3M |
| Profitability Metrics | |||||
| EBITDA | 48.0M | 26.5M | 10.4M | 13.4M | 22.3M |
| D&A | 2.3M | 4.5M | 2.4M | 1.6M | 1.5M |
| EBIT | 45.7M | 21.9M | 8.0M | 11.8M | 20.7M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026