First National (FXNC)

First Bank, Inc. • - First Bank Financial Services, Inc. • - Shen-Valley Land Holdings, LLC • - Bank of Fincastle Financial Service, Inc. • - ESF, LLC ...

IRS number

541232965

SEC advisor number

801-66086

FINRA CRD number

120859

AUM ?

$832.24 mm (as of 9 Jul 20)

Accounts

1,808 (as of 9 Jul 20)

Employees

8 (6 investment advisory or research)

Address

First National
112 WEST KING STREET
STRASBURG
VA 22657

Phone

5404659121

Brochures

First National Disclosure Brochure (3 Mar 23)

FXNC stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

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8-K

Departure of Directors or Certain Officers

15 Nov 24

8-K

First National Corporation Announces Increase in Cash Dividend for 10th Consecutive Year

14 Nov 24

First National Corporation Reports Third Quarter 2024 Financial Results

6 Nov 24

8-K

Completion of Acquisition or Disposition of Assets

1 Oct 24

8-K

Regulation FD Disclosure

16 Sep 24

425

Business combination disclosure

3 Sep 24

8-K

Announce Receipt of Shareholders Approvals for Merger

14 Aug 24

Latest ownership filings

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William Simmons Wilkinson

9 Dec 24

4/A

William Simmons Wilkinson

Financial summary

Financial statements Chart FXNC financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	126.52 mm	126.52 mm	126.52 mm	126.52 mm	126.52 mm	126.52 mm
Cash burn (monthly)	3.04 mm	759.92 k	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	8.56 mm	2.14 mm	n/a	n/a	n/a	n/a
Cash remaining	117.95 mm	124.38 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	38.8	163.7	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

FXNC institutional ownership history Ownership history

1.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	7	15	-53.3%
Opened positions	2	3	-33.3%
Closed positions	10	15	-33.3%
Increased positions	1	3	-66.7%
Reduced positions	0	3	EXIT

13F shares	Current	Prev Q	Change
Total value	1.21 bn	15.40 bn	-92.1%
Total shares	115.81 k	1.06 mm	-89.1%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Commonwealth Equity Services	36.28 k	$635.00 k	0.0%
RFG Advisory	19.02 k	$332.78 mm	0.0%
Wealthcare Advisory Partners	14.53 k	$254.24 mm	NEW
Empowered Funds	13.53 k	$236.78 mm	+5.2%
Dimensional Fund Advisors	11.64 k	$203.75 mm	NEW
Grace & White	10.48 k	$183.37 mm	0.0%
CWM	10.34 k	$181.00 k	0.0%
Proequities	0.00	$0.00

Largest transactions	Shares	Bought/sold	Change
Fourthstone	0.00	-625.65 k	EXIT
Cutler Capital Management	0.00	-202.79 k	EXIT
Graves-Light Private Wealth Management	0.00	-65.64 k	EXIT
Bridgeway Capital Management	0.00	-46.66 k	EXIT
Susquehanna International	0.00	-18.88 k	EXIT
Wealthcare Advisory Partners	14.53 k	+14.53 k	NEW
Dimensional Fund Advisors	11.64 k	+11.64 k	NEW
STT State Street	0.00	-11.41 k	EXIT
Empowered Funds	13.53 k	+670.00	+5.2%
MS Morgan Stanley	0.00	-100.00	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

FXNC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
17 Dec 24	Smith Gerald F JR	Common Stock, $1.25 par value	Gift	Dispose G	Yes	No	0	6,186	0.00	72,370
16 Dec 24	Smith Gerald F JR	Common Stock, $1.25 par value	Other	Acquire J	Yes	No	24.86	6,186	153.78 k	78,556
16 Dec 24	Smith Gerald F JR	Common Stock, $1.25 par value	Other	Dispose J	Yes	No	24.86	6,186	153.78 k	12,372
26 Nov 24	Harvard Scott C	Common Stock, $1.25 par value	Gift	Dispose G	No	No	0	1,500	0.00	68,946.575
20 Nov 24	Dysart Dennis A	RSU Common Stock	Grant	Acquire A	No	No	0	13,296	0.00	15,779
20 Nov 24	Harvard Scott C	RSU Common Stock	Grant	Acquire A	No	No	0	19,725	0.00	24,411