FXNC (First National) Marketable Securities: $12.66 Mil (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FXNC First National Corp FXNC
64 GF Score
Price $31.91
GF Value $23.95
Valuation Significantly Overvalued
! 5 Warning Signs
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What is First National Marketable Securities?

First National FXNC -0.58% 64 Marketable Securities is $12.66 Mil as of Jun. 2026. GuruFocus rates FXNC with a GF Score™ of 64/100 and a GF Value™ of $23.95 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. First National's Marketable Securities for the quarter that ended in Jun. 2026 was $12.66 Mil.

First National's annual Marketable Securities increased from Dec. 2023 ($152.86 Mil) to Dec. 2024 ($163.85 Mil) but then declined from Dec. 2024 ($163.85 Mil) to Dec. 2025 ($16.89 Mil).

First National  (NAS:FXNC) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

First National Marketable Securities Related Terms

First National Marketable Securities Historical Data

* Premium members only.

The historical data trend for First National's Marketable Securities 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.

First National Marketable Securities Chart

First National Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 289.50 162.91 152.86 163.85 16.89

First National Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Marketable Securities 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 15.30 11.51 16.89 13.24 12.66
FXNC
64GF Score
First National Corp FXNC
Marketable Securities is just one metric. See GF Score™, valuation, warning signs, and more.
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First National Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of $12.66 Mil mean?
First National (FXNC) has a Marketable Securities of $12.66 Mil as of Jun. 2026. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on First National and its competitors.
Is First National's Marketable Securities too high?
First National's current Marketable Securities is $12.66 Mil. Overall, First National has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First National's Marketable Securities compare to ATLO and HWBK?
First National's Marketable Securities of $12.66 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Marketable Securities for a Banks company?
A good Marketable Securities depends on the Banks industry context. However, Marketable Securities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on First National and its competitors. First National's current Marketable Securities is $12.66 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First National stock overvalued right now?
Based on GuruFocus' analysis, First National (FXNC) is currently considered Significantly Overvalued. The stock's GF Value™ is $23.95, compared to a current price of $31.91 — trading 33.2% above its estimated fair value. The current Marketable Securities is $12.66 Mil. First National's overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For First National (FXNC), the current Marketable Securities is $12.66 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First National (FXNC) Overvalued in 2026?

Based on GuruFocus' analysis, First National stock appears to be overvalued. The current stock price of $31.91 is trading 33.2% above its estimated GF Value™ of $23.95. GuruFocus considers First National to be Significantly Overvalued.

Key valuation signals for FXNC:

  • Marketable Securities: $12.66 Mil
  • GF Value™: $23.95 vs. price of $31.91 (33.2% above fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the FXNC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

First National Business Description

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. The Company operates through two reportable operating segments: Community Banking and wealth management. The Community Banking segment involves making loans and generating deposits from individuals, businesses, and charitable organizations. Wealth Management Services offers corporate trustee services, trust and estate administration, IRA administration and custody services. The company has revenue from Community Banking segment.
64GF Score

Get the complete analysis for FXNC

Marketable Securities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$31.91
Price
$23.95
GF Value