First National Corporation (FXNC, Financial) successfully finalized the integration of the Touchstone system in the first quarter of 2025. This accomplishment marks a significant step in their transformative acquisition strategy. While earnings for the initial quarter were temporarily affected by expenses related to the merger and the concurrent operation of dual systems until late February, the company is optimistic about the future. The leadership anticipates reverting to their efficient banking model, leveraging new market opportunities for expansion and growth.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for First National Corp (FXNC, Financial) is $24.00 with a high estimate of $25.00 and a low estimate of $23.00. The average target implies an upside of 17.53% from the current price of $20.42. More detailed estimate data can be found on the First National Corp (FXNC) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, First National Corp's (FXNC, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for First National Corp (FXNC, Financial) in one year is $20.75, suggesting a upside of 1.62% from the current price of $20.42. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the First National Corp (FXNC) Summary page.
