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First National (First National) Book Value per Share : $18.56 (As of Dec. 2023)


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What is First National Book Value per Share?

First National's book value per share for the quarter that ended in Dec. 2023 was $18.56.

During the past 12 months, First National's average Book Value Per Share Growth Rate was 7.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of First National was 14.50% per year. The lowest was -23.60% per year. And the median was 8.95% per year.

First National's current price is $15.03. Its book value per share for the quarter that ended in Dec. 2023 was $18.56. Hence, today's PB Ratio of First National is 0.81.

During the past 13 years, the highest P/B Ratio of First National was 1.81. The lowest was 0.71. And the median was 1.05.

Good Sign:

First National Corp stock PB Ratio (=0.81) is close to 10-year low of 0.8


First National Book Value per Share Historical Data

The historical data trend for First National's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First National Book Value per Share Chart

First National Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.54 17.47 18.79 17.30 18.56

First National Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.30 17.80 18.06 17.89 18.56

Competitive Comparison of First National's Book Value per Share

For the Banks - Regional subindustry, First National's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First National's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First National's PB Ratio distribution charts can be found below:

* The bar in red indicates where First National's PB Ratio falls into.



First National Book Value per Share Calculation

First National's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(116.27-0.00)/6.26
=18.56

First National's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(116.27-0.00)/6.26
=18.56

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


First National  (NAS:FXNC) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


First National Book Value per Share Related Terms

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First National (First National) Business Description

Traded in Other Exchanges
N/A
Address
112 West King Street, Strasburg, VA, USA, 22657
First National Corp is a bank holding company of First Bank, which is a commercial bank. Its core offering includes loans, deposits, wealth management, and other products and services. Loan products and services include personal loans, residential mortgages, home equity loans, and commercial loans. Deposit products and services include checking and savings. The Bank's wealth management division offers estate planning, investment management of assets, and retirement accounts.
Executives
Smith Gerald F Jr director 112 W KING ST, STRASBURG VA 22657
Holt George Edwin Iii director 112 WEST KING STREET, STRASBURG VA 22657
Wilkins Iii James R director 112 W KING ST, STRASBURG VA 22657
Kirtesh Patel director 112 WEST KING STREET, STRASBURG VA 22657
Scott C Harvard director, officer: President/CEO 112 W KING ST, STRASBURG VA 22657
Boyce E Brannock director 112 WEST KING STREET, STRASBURG VA 22657
C Ray Sprinkle director 112 WEST KING STREET, STRASBURG VA 22657
Jason C Aikens director 112 WEST KING STREET, STRASBURG VA 22657
William Michael Funk director 443 SHENWOOD AVE, WOODSTOCK VA 22664-1956
Dennis A Dysart officer: Senior EVP/CCO 112 WEST KING STREET, STRASBURG VA 22657
Beverley Jr Marshall J officer: EVP-Senior Trust Officer 112 W KING STREET, STRASBURG VA 22657
James C Youngblood officer: EVP/SENIOR LENDING OFFICER 112 WEST KING STREET, STRASBURG VA 22657-2220
Emily Marlow Beck director 311 S STEWART ST, WINCHESTER VA 22601-4016
Crow Samuel J Jr. officer: EVP / CCO 112 W KING ST, STRASBURG VA 22657
Davis Dr James A director 112 WEST KING STREET, STRASBURG VA 22657