First National Corp (FXNC) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Mar 14, 2020
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First National Corp (FXNC, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. First National Corp is a bank holding company. The Company through its subsidiary invests in entities that provide title insurance and investment services. First National Corp has a market cap of $84.435 million; its shares were traded at around $16.99 with a P/E ratio of 8.80 and P/S ratio of 2.36. The dividend yield of First National Corp stocks is 2.24%. GuruFocus has detected 1 severe warning sign with First National Corp. .

For the last quarter First National Corp reported a revenue of $9.19 million, compared with the revenue of $9.27 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $35.7 million, a decrease of 0.9% from the previous year. For the complete 30-year financial data, please go here.. For the last five years First National Corp had an average revenue growth rate of 7.4% a year.

The reported diluted earnings per share was $1.92 for the year, a decline of 5.9% from the previous year. Over the last five years First National Corp had an EPS growth rate of 24.3% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, First National Corp has the cash and cash equivalents of $45.8 million, compared with $28.6 million in the previous year. The long term debt was $14.3 million, compared with $14.2 million in the previous year. First National Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $16.99, First National Corp is traded at 51.3% premium to its historical median P/S valuation band of $11.23. The P/S ratio of the stock is 2.36, while the historical median P/S ratio is 1.58. The stock lost 13.15% during the past 12 months.

For the complete 20-year historical financial data of FXNC, click here.