First National Corporation Announces Third Quarter Earnings
First National Corporation (FXNC)
NASDAQ:AMEX Investor Relations:
ir.fbvirginia.com
Company Research
Source: GlobeNewswire
STRASBURG, Va., Oct. 23, 2019 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ:FXNC) reported net income of $2.5 million, or $0.50 per diluted share, for the third quarter of 2019, which resulted in a return on average assets of 1.27% and a return on average equity of 13.31%. This compared to $2.7 million or $0.54 per diluted share, and a return on average assets of 1.41% and a return on average equity of 16.89% for the third quarter of 2018. Highlights for the third quarter of 2019: Return on average equity of 13.31% Return on average assets of 1.27% Wealth management revenue increased 13% Net interest margin of 3.87% Nonperforming assets decreased to 0.20% of assets “While our company delivered another quarter of excellent financial performance for our shareholders, the challenges of lower interest rates with a flat or inverted yield curve continue to put pressure on the net interest margin,” said Scott Harvard, president and chief
Show less
Read more
Impact Snapshot
Event Time:
FXNC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FXNC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FXNC alerts
High impacting First National Corporation news events
Weekly update
A roundup of the hottest topics
FXNC
News
- 3 US Stocks Estimated To Be Trading At Discounts Of Up To 39.3% [Yahoo! Finance]Yahoo! Finance
- 3 US Stocks Estimated To Be Trading Below Intrinsic Value In November 2024 [Yahoo! Finance]Yahoo! Finance
- US Stocks That May Be Undervalued In November 2024 [Yahoo! Finance]Yahoo! Finance
- 3 US Stocks Estimated To Be Trading Below Their Intrinsic Value In November 2024 [Yahoo! Finance]Yahoo! Finance
- 3 US Stocks Estimated To Be Trading At Discounts Ranging From 13% To 41% [Yahoo! Finance]Yahoo! Finance
FXNC
Earnings
- 11/1/24 - Miss
FXNC
Sec Filings
- 11/15/24 - Form 8-K
- 11/15/24 - Form 8-K
- 11/14/24 - Form 10-Q
- FXNC's page on the SEC website