First National Corp. (Strasburg, VA)

First National Corp. is a bank holding company engaged in the provision of consumer and business banking services through its subsidiary, First Bank. The firm offers savings, checking, mortgage lending, home equity, treasury management, construction loan, commercial mortgage, and rental properties. The company was founded on September 7, 1983 and is headquartered in Strasburg, VA.

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First National Corp. operates as a bank holding company, which engages in the provision of consumer and business banking services through its subsidiary. It offers savings, checking, mortgage lending, home equity, treasury management, construction loan, commercial mortgage, and rental properties. The company was founded on September 7, 1983 and is headquartered in Strasburg, VA.

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13 Upcoming Dividend Increases Including 2 Kings

FXNC announces a 3.3% hike in its quarterly dividend to 15.5 cents per share. A solid liquidity and capital position will help sustain capital distributions.

First National Corp. Rewards Shareholders With a 3.3% Dividend Hike

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.

First National Corporation Announces Increase in Cash Dividend for 10th Consecutive Year

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing First National (FXNC) Right Now?

First National (FXNC) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

First National (FXNC) Is a Great Choice for 'Trend' Investors, Here's Why

First National Corp. (FXNC) came out with quarterly earnings of $0.39 per share, missing the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.50 per share a year ago.

First National Corp. (FXNC) Q3 Earnings Lag Estimates

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.

First National Corporation Reports Third Quarter 2024 Financial Results

First Bancorp

ATLANTA, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today announced the results of the 2024 director election. The Bank conducted an election to fill the member directorships for North Carolina and Virginia, an independent directorship and a public interest independent directorship. Each director-elect will serve a four-year term commencing on January 1, 2025, and ending December 31, 2028.

Federal Home Loan Bank of Atlanta Announces 2024 Director Election Results

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 automatically to common stock at the effective time of the Merger) is entitled to receive 0.8122 shares of First National Corporation's common stock.

First National Corporation Completes Acquisition of Touchstone Bankshares, Inc.

PRINCE GEORGE, Va., Sept. 19, 2024 /PRNewswire/ -- Touchstone Bankshares, Inc. (the "Company") (OTC Pink: 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).

Touchstone Bankshares, Inc. Declares Pro Rata Annual Cash Dividend in Anticipation of the Proposed Merger with First National Corporation

STRASBURG, Va. and PRINCE GEORGE, Va., Aug. 08, 2024 (GLOBE NEWSWIRE) -- First National Corporation (“First National”) (NASDAQ: FXNC), the bank holding company of First Bank, and Touchstone Bankshares, Inc. (“Touchstone”) (OTCPK: TSBA), the bank holding company of Touchstone Bank, announced today the receipt of regulatory approvals from the Federal Reserve Bank of Richmond, acting under authority delegated by the Board of Governors of the Federal Reserve System, and the Bureau of Financial Institutions of the Commonwealth of Virginia, to complete the previously announced merger of Touchstone with and into First National in an all-stock transaction (the “Merger”).   Immediately following the Merger, Touchstone Bank would then immediately merge with and into First Bank.

First National Corporation and Touchstone Bankshares, Inc. Announce Receipt of Regulatory Approvals for Merger

First National Corp. (FXNC) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.56 per share a year ago.

First National Corp. (FXNC) Q2 Earnings and Revenues Top Estimates

PRINCE GEORGE, Va. , July 31, 2024 /PRNewswire/ -- Touchstone Bankshares, Inc. (the "Company") (OTC Pink: TSBA), and its wholly owned subsidiary, Touchstone Bank (the "Bank"), reported unaudited results for the three and six months ended June 30, 2024.

Touchstone Bankshares, Inc. Reports Financial Results for the Second Quarter 2024

NEW ORLEANS , July 17, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

FIRST NATIONAL CORPORATION INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Merger of First National Corporation - FXNC

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of First National Corporation (“the Company”) (NasdaqCM: FXNC) and Touchstone Bankshares, Inc. (OTCPK: TSBA). Under the terms of the proposed transaction, Touchstone shareholders would receive 0.8122 shares of First National stock for each share of Touchstone stock they own. KSF is seeking to determine whether.

FIRST NATIONAL CORPORATION INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of First National Corporation - FXNC

Is First National (FXNC) Stock Undervalued Right Now?

First National (FXNC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

First National (FXNC) Moves to Strong Buy: Rationale Behind the Upgrade

First National Corp. (FXNC) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.61 per share a year ago.

First National Corp. (FXNC) Q1 Earnings and Revenues Beat Estimates

PRINCE GEORGE, Va. , April 30, 2024 /PRNewswire/ -- Touchstone Bankshares, Inc. (the "Company") (OTC Pink: TSBA), and its wholly owned subsidiary, Touchstone Bank (the "Bank"), reported unaudited results for the three months ended March 31, 2024.

Touchstone Bankshares, Inc. Reports Financial Results for the First Quarter 2024

STRASBURG, Va., April 30, 2024 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), reported unaudited consolidated net income of $3.2 million and diluted earnings per common share of $0.51 for the three months ended March 31, 2024.

First National Corporation Reports First Quarter Financial Results

Should Value Investors Buy First National (FXNC) Stock?

First National (FXNC) announces a deal to acquire Touchstone Bankshares. This deal is set to help FXNC fortify its deposit base, boost the scale of operations and expand its geographical locations.

First National (FXNC) Declares Buyout of Touchstone Bankshares

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of First National Corporation (NASDAQ: FXNC) and Touchstone Bankshares, Inc. is fair to First National shareholders. Under the terms of the proposed transaction, Touchstone shareholders would receive 0.8122 shares of First National stock for each share of Touchstone stock. Halper Sadeh encourages First National shareholders to click here to learn more about their legal rights and option.

FXNC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of First National Corporation Is Fair to Shareholders

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.

First National Corporation to Acquire Touchstone Bankshares, Inc.

Is First National (FXNC) a Great Value Stock Right Now?

News for First National Corp. (Strasburg, VA) Stock (FXNC)