FXNC (First National) Moat Score: 4/10 (As of Aug. 17, 2026)

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FXNC First National Corp FXNC
64 GF Score
Price $32.10
GF Value $23.95
Valuation Significantly Overvalued
! 5 Warning Signs
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What is First National Moat Score?

First National FXNC -0.56% 64 Moat Score is 4 as of Aug. 17, 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. Among 1,610 Banks companies, First National ranks better than 86.27% on this metric.

First National has the Moat Score of 4, which implies that the company might have Narrow Moat - Discernible but modest moat.

First National has Narrow Moat: First National Corp has a modest market presence with some customer loyalty and brand recognition. However, it lacks significant network effects, intellectual property, or regulatory barriers that would provide a stronger moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes First National might have Narrow Moat - Discernible but modest moat.

First National  (NAS:FXNC) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

First National Moat Score Related Terms

FXNC vs ATLO, HWBK, OVLY: Moat Score Comparison

For the Banks - Regional subindustry, First National's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Banks Industry

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

* The bar in red indicates where First National's Moat Score falls into.


FXNC
64GF Score
First National Corp FXNC
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 4 mean?
First National (FXNC) has a Moat Score of 4 as of Aug. 17, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, First National ranks #221 out of 1610 companies in the Banks industry, placing it in the top 13.7%.
Is First National's Moat Score too high?
First National's current Moat Score is 4. Based on the distribution chart, First National ranks #221 out of 1610 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. 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 Moat Score compare to ATLO and HWBK?
According to the Banks industry distribution chart, First National ranks #221 out of 1610 companies for Moat Score. This places First National in the top 14% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Banks company?
A good Moat Score depends on the Banks industry context. However, Moat Score 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. First National's current Moat Score is 4. 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 $32.10 — trading 34% above its estimated fair value. The current Moat Score is 4. 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 Moat Score calculated?
Moat Score is calculated from a company's financial statements. For First National (FXNC), the current Moat Score is 4 as of Aug. 17, 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 $32.10 is trading 34% above its estimated GF Value™ of $23.95. GuruFocus considers First National to be Significantly Overvalued.

Key valuation signals for FXNC:

  • Moat Score: 4
  • GF Value™: $23.95 vs. price of $32.10 (34% 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

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

$32.10
Price
$23.95
GF Value