Financials First National Corporation

Equities

FXNC

US32106V1070

Banks

Delayed Nasdaq 15:14:57 15/05/2024 BST 5-day change 1st Jan Change
15.47 USD +1.11% Intraday chart for First National Corporation +1.11% -28.87%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Capitalization 1 82.1 143.2 107.3 136.2 96.04 -
Enterprise Value (EV) 1 82.1 143.2 107.3 136.2 96.04 96.04
P/E ratio 9.29 x 12.4 x 6.39 x 14.2 x 8.27 x 7.02 x
Yield - - 3.27% 2.76% 3.92% 3.92%
Capitalization / Revenue - - - - - -
EV / Revenue - - - - - -
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book - - 0.99 x 1.17 x 0.85 x 0.77 x
Nbr of stocks (in thousands) 4,858 6,228 6,262 6,261 6,277 -
Reference price 2 16.90 23.00 17.13 21.75 15.30 15.30
Announcement Date 29/01/21 31/01/22 26/01/23 02/02/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net sales - - - - - -
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 - - 20.75 11.8 14.6 24.8
Net income 1 8.858 10.36 16.8 9.624 11.7 19.7
Net margin - - - - - -
EPS 2 1.820 1.860 2.680 1.530 1.850 2.180
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 - - 0.5600 0.6000 0.6000 0.6000
Announcement Date 29/01/21 31/01/22 26/01/23 02/02/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales - - - - - - - - - -
EBITDA - - - - - - - - - -
EBIT - - - - - - - - - -
Operating Margin - - - - - - - - - -
Earnings before Tax (EBT) 1 - 5.912 4.754 4.371 3.852 -1.172 4.01 3.5 3.6 3.5
Net income 1 4.454 4.78 3.849 3.505 3.121 -0.851 3.209 2.8 2.9 2.8
Net margin - - - - - - - - - -
EPS 2 0.7100 0.7600 0.6100 0.5600 0.5000 -0.1400 0.5100 0.4400 0.4500 0.4400
Dividend per Share 2 - 0.1400 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500
Announcement Date 25/10/22 26/01/23 26/04/23 26/07/23 26/10/23 02/02/24 30/04/24 - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) - - 15.9% 8.59% 9.8% 11.5%
ROA (Net income/ Total Assets) - - 1.19% 0.71% 0.82% 0.95%
Assets 1 - - 1,412 1,355 1,427 2,074
Book Value Per Share 2 - - 17.30 18.60 17.90 20.00
Cash Flow per Share - - - - - -
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 29/01/21 31/01/22 26/01/23 02/02/24 - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
15.3 USD
Average target price
17.5 USD
Spread / Average Target
+14.38%
Consensus
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