First National Corporation Raises Quarterly Dividend From $0.14 To $0.15/Share
$FXNC
Major Banks
Finance
First National Corporation Raises Quarterly Dividend From $0.14 To $0.15/Share
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/8/2024 | $22.00 | Outperform | Hovde Group |
| 8/1/2024 | $21.00 | Neutral → Buy | Janney |
| 9/12/2023 | $19.00 | Buy → Neutral | Janney |
| 11/16/2022 | $21.50 | Buy | Janney |
STRASBURG, Va. and PRINCE GEORGE, Va., March 26, 2024 (GLOBE NEWSWIRE) -- First National Corporation ("First National") (NASDAQ:FXNC) and Touchstone Bankshares, Inc. ("Touchstone") (OTCPK: TSBA) announced today they have entered into a definitive merger agreement for First National to acquire Touchstone in an all-stock transaction. The combined company will bring together two community banks with a deep commitment to the customers and communities they have each served since the early 1900s. Total assets are expected to be approximately $2.1 billion, with $1.5 billion in loans, $1.8 billion in deposits, thirty branch offices across Virginia and two branches in North Carolina. The resulting
4 - FIRST NATIONAL CORP /VA/ (0000719402) (Issuer)
4 - FIRST NATIONAL CORP /VA/ (0000719402) (Issuer)
4 - FIRST NATIONAL CORP /VA/ (0000719402) (Issuer)
STRASBURG, Va., Nov. 15, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of First National Corporation (the "Company") (NASDAQ:FXNC) declared a quarterly cash dividend of $0.155 per share on November 13, 2024, a 3% increase compared to the quarterly dividend paid on September 13, 2024. This is the tenth consecutive year the Company has increased its dividend to shareholders. The dividend is payable on December 13, 2024, to shareholders of record as of November 29, 2024. ABOUT FIRST NATIONAL CORPORATION First National Corporation (NASDAQ:FXNC) is the parent company and bank holding company of First Bank (the "Bank"), a community bank that first opened for business in 1907 in Strasburg, Vi
STRASBURG, Va., Nov. 01, 2024 (GLOBE NEWSWIRE) -- First National Corporation (the "Company" or "First National") (NASDAQ:FXNC), reported unaudited consolidated net income of $2.2 million and basic and diluted earnings per common share of $0.36 for the third quarter of 2024 and adjusted net income(1) of $2.4 million and adjusted basic and diluted earnings per common share(1) of $0.39. (Dollars in thousands, except earnings per share) Three Months Ended Sept 30, 2024 Jun 30, 2024 Sept 30, 2023 Net income $2,248 $2,442 $3,121 Basic and diluted earnings per share $0.36 $0.39 $0.50 Return on average assets 0.62% 0.68% 0.91%Return on average equity 7.28% 8.31% 10.96% N
STRASBURG, Va., Oct. 01, 2024 (GLOBE NEWSWIRE) -- First National Corporation (NASDAQ:FXNC) (the "Company" or "First National"), the one-bank holding company of First Bank, announced today that it has completed the acquisition by merger of Touchstone Bankshares, Inc. ("Touchstone") effective October 1, 2024 (the "Merger"). Immediately following the Merger, Touchstone Bank, the wholly owned subsidiary of Touchstone Bankshares, Inc., was merged with and into First Bank. Pursuant to the previously announced terms of the Merger, each outstanding share of Touchstone Bankshares, Inc. common stock and preferred stock (on an as-converted, one-for-one basis, which shares of preferred stock converted
SC 13G/A - FIRST NATIONAL CORP /VA/ (0000719402) (Subject)
SC 13G - FIRST NATIONAL CORP /VA/ (0000719402) (Subject)
SC 13G/A - FIRST NATIONAL CORP /VA/ (0000719402) (Subject)
4 - FIRST NATIONAL CORP /VA/ (0000719402) (Issuer)
4 - FIRST NATIONAL CORP /VA/ (0000719402) (Issuer)
4 - FIRST NATIONAL CORP /VA/ (0000719402) (Issuer)
8-K - FIRST NATIONAL CORP /VA/ (0000719402) (Filer)
8-K - FIRST NATIONAL CORP /VA/ (0000719402) (Filer)
10-Q - FIRST NATIONAL CORP /VA/ (0000719402) (Filer)
Hovde Group initiated coverage of First National with a rating of Outperform and set a new price target of $22.00
Janney upgraded First National from Neutral to Buy and set a new price target of $21.00
Janney downgraded First National from Buy to Neutral and set a new price target of $19.00
STRASBURG, Va., Nov. 15, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of First National Corporation (the "Company") (NASDAQ:FXNC) declared a quarterly cash dividend of $0.155 per share on November 13, 2024, a 3% increase compared to the quarterly dividend paid on September 13, 2024. This is the tenth consecutive year the Company has increased its dividend to shareholders. The dividend is payable on December 13, 2024, to shareholders of record as of November 29, 2024. ABOUT FIRST NATIONAL CORPORATION First National Corporation (NASDAQ:FXNC) is the parent company and bank holding company of First Bank (the "Bank"), a community bank that first opened for business in 1907 in Strasburg, Vi
STRASBURG, Va., Nov. 01, 2024 (GLOBE NEWSWIRE) -- First National Corporation (the "Company" or "First National") (NASDAQ:FXNC), reported unaudited consolidated net income of $2.2 million and basic and diluted earnings per common share of $0.36 for the third quarter of 2024 and adjusted net income(1) of $2.4 million and adjusted basic and diluted earnings per common share(1) of $0.39. (Dollars in thousands, except earnings per share) Three Months Ended Sept 30, 2024 Jun 30, 2024 Sept 30, 2023 Net income $2,248 $2,442 $3,121 Basic and diluted earnings per share $0.36 $0.39 $0.50 Return on average assets 0.62% 0.68% 0.91%Return on average equity 7.28% 8.31% 10.96% N
PRINCE GEORGE, Va., Sept. 19, 2024 /PRNewswire/ -- Touchstone Bankshares, Inc. (the "Company") (OTC:TSBA) announced today that its Board of Directors has declared a pro rata annual cash dividend in anticipation of its previously announced merger (the "Merger") with First National Corporation ("First National") (NASDAQ:FXNC). The pro rata annual cash dividend will be $0.16 per share of the Company's common and preferred stock and is payable on September 27, 2024 to the shareholders of record as of September 20, 2024. The amount of the dividend is equal to the pro rata portion o
Although U.S. stocks closed higher on Friday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform. Noble The Trade: Noble Corporation plc (NYSE:NE) 10% owner APMH Invest A/S acquired a total of 300,000 shares at an average
First Ntl (NASDAQ:FXNC) reported its Q4 earnings results on Thursday, February 1, 2024 at 07:00 AM. Here's what investors need to know about the announcement. Earnings First Ntl missed estimated earnings by 129.17%, reporting an EPS of $-0.14 versus an estimate of $0.48. Revenue was down $2.26 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.0 which was followed by a 1.58% increase in the share price the next day. To track all earnings releases for First Ntl visit their earnings calendar here. This article was generated by Benzinga's automated content engine and reviewed by an editor.
Tuesday marks the last chance for investors to receive the next dividend payout from First Ntl (NASDAQ:FXNC). What's Happening The company announced on Wednesday that it would pay shareholders a quarterly dividend of 15 cents per share. On Wednesday, First Ntl will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 15 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own FXNC as of the end of Tuesday's session are eligible to receive the 15 cents dividend payo