CSIMarket
 


First National Corp  (FXNC)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 

FXNC's Net Income Growth by Quarter and Year

First National's Net Income results by quarter and year




FXNC Net Income (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter December - -0.85 4.78 2.18
III Quarter September - 3.12 4.45 2.40
II Quarter June - 3.51 3.84 3.34
I Quarter March 3.21 3.85 3.73 2.44
FY   3.21 9.63 16.80 10.36



FXNC Net Income first quarter 2024 Y/Y Growth Comment
First National Corp reported decline in Net Income in the first quarter 2024 by -16.65% to $ 3.21 millions, from the same quarter in 2023.
The contraction in the first quarter 2024 First National Corp's Net Income compares unfavorably to the Company's average Net Income increase of 10.28%.

Looking into first quarter 2024 results within Regional Banks industry 35 other companies have achieved higher Net Income growth. While First National Corp' s Net Income fall of -16.65% ranks overall at the positon no. 733 in the first quarter 2024.




FXNC Net Income ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter December - - 119.27 % -31.01 %
III Quarter September - -29.89 % 85.42 % 37.14 %
II Quarter June - -8.59 % 14.97 % 49.11 %
I Quarter March -16.65 % 3.22 % 52.87 % 42.69 %
FY   - -42.68 % 62.16 % 16.93 %

Financial Statements
First National's first quarter 2024 Net Income $ 3.21 millions FXNC's Income Statement
First National's first quarter 2023 Net Income $ 3.85 millions Quarterly FXNC's Income Statement
New: More FXNC's historic Net Income Growth >>


FXNC Net Income (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter December - - 7.42 % -9.17 %
III Quarter September - -11.11 % 15.89 % -28.14 %
II Quarter June - -8.83 % 2.95 % 36.89 %
I Quarter March - -19.46 % 71.1 % -22.78 %
FY (Year on Year)   - -42.68 % 62.16 % 16.93 %




Net Income first quarter 2024 Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry #36
Financial Sector #194
Overall #733

Net Income Y/Y Growth Statistics
High Average Low
122.49 % 10.28 % -65.21 %
(Dec 31 2016)   (Dec. 30, 2015)
Net Income first quarter 2024 Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry #36
Financial Sector #194
Overall #733
Net Income Y/Y Growth Statistics
High Average Low
122.49 % 10.28 % -65.21 %
(Dec 31 2016)   (Dec. 30, 2015)

Net Income by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

First National's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
0 % 0 % 0 %
 


FXNC's I. Quarter Q/Q Net Income Comment
Improvement I. Quarter 2024where First National Corp delivered Net Income of $ 3.21 millions could is inception of positive performance.First National Corp announced in the I. Quarter 2024 Net Income of $ 3.21 millions compare to net loss recorded in previos quarter.

Within Regional Banks industry First National Corp achieved highest sequential Net Income growth. While First National's Net Income growth quarter on quarter, overall rank is .


Net Income Q/Q Growth Company Ranking
Within: No.
Regional Banks Industry #
Financial Sector #
Overall #
Net Income Q/Q Growth Company Ranking
Within: No.
Regional Banks Industry #
Financial Sector #
Overall #
Net Income Q/Q Growth Statistics
High Average Low
0 % 0 % 0 %
 


FXNC's I. Quarter Q/Q Net Income Comment
This reversal of fortune I. Quarter 2024where First National Corp delivered Net Income of $ 3.21 millions could be beginning of improved performance.First National Corp announced in the I. Quarter 2024 Net Income of $ 3.21 millions compare to net loss recorded in previos quarter.

Within Regional Banks industry First National Corp achieved highest sequential Net Income growth. While First National's Net Income growth quarter on quarter, overall rank is .


First National's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Mar 31 2024)
12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
Cumulative Net Income 12 Months Ending $ 8.98 $ 9.62 $ 15.25 $ 16.59 $ 16.92
Y / Y Net Income Growth (TTM) -46.89 % -42.7 % 7.41 % 36.57 % 45.19 %
Year on Year Net Income Growth Overall Ranking # 308 # 287 # 575 # 824 # 618
Seqeuential Net Income Change (TTM) -6.65 % -36.91 % -8.04 % -1.95 % 0.71 %
Seq. Net Income Growth (TTM) Overall Ranking # 733 # 556 # 680 # 998 # 737




Cumulative Net Income growth Comment
First National's cumulative 12 months Net Income continue to drop, but on the faster rate at -46.89% year on year, at Mar 31 2024 compare to the -42.7% decrease at Dec 31 2023. If the First National's fiscal year would end at Mar 31 2024, annual Net Income would be $9 millions.

In the Financial sector 78 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 287 to 308.

Net Income TTM Q/Q Growth Statistics
High Average Low
122.49 %
10.28 %
-65.21 %
 

Net Income TTM Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry # 36
Financial Sector # 79
Overall # 308

Net Income TTM Y/Y Growth Statistics
High Average Low
122.49 %
10.28 %
-65.21 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 36
Sector # 194
S&P 500 # 733
Cumulative Net Income growth Comment
First National's cumulative 12 months Net Income continue to drop, but on the faster rate at -46.89% year on year, at Mar 31 2024 compare to the -42.7% decrease at Dec 31 2023. If the First National's fiscal year would end at Mar 31 2024, annual Net Income would be $9 millions.

In the Financial sector 78 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 287 to 308.

Net Income TTM Q/Q Growth Statistics
High Average Low
122.49 %
10.28 %
-65.21 %
 


Net Income TTM Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry # 36
Financial Sector # 79
Overall # 308

Net Income TTM Y/Y Growth Statistics
High Average Low
122.49 %
10.28 %
-65.21 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 36
Sector # 194
S&P 500 # 733




Other Net Income Growth
Regional Banks Industry Net Income Growth Trends and Statistics
Financial Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
FXNC's Net Income Growth Ratio versus Regional Banks Industry, Financial Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for FXNC's Competitors
Net Income Growth for First National's Suppliers
Net Income Growth for FXNC's Customers

You may also want to know
FXNC's Annual Growth Rates FXNC's Profitability Ratios FXNC's Asset Turnover Ratio FXNC's Dividend Growth
FXNC's Roe FXNC's Valuation Ratios FXNC's Financial Strength Ratios FXNC's Dividend Payout Ratio
FXNC's Roa FXNC's Inventory Turnover Ratio FXNC's Growth Rates FXNC's Dividend Comparisons



Companies with similar Net Income drop for the quarter ending Mar 31 2024 within Financial SectorY/Y Change %Net Income for the quarter ending Mar 31 2024
Lakeland Bancorp Inc-0.05%$ -0.050 millions
Atlanticus Holdings Corp-0.29%$ -0.290 millions
One Liberty Properties Inc -0.52%$ -0.518 millions
First Business Financial Services Inc -1.46%$ -1.459 millions
Qcr Holdings inc -1.59%$ -1.587 millions
Public Storage-1.68%$ -1.675 millions
Heartland Financial Usa Inc -2.03%$ -2.026 millions
Webster Financial Corporation-2.12%$ -2.118 millions
Ford Motor Credit Co Llc-2.50%$ -2.500 millions
Home Bancshares Inc -2.77%$ -2.771 millions
Hills Bancorporation-2.90%$ -2.905 millions
Capitol Federal Financial Inc -3.01%$ -3.009 millions
Chemung Financial Corp-3.03%$ -3.026 millions
Cubesmart-3.15%$ -3.149 millions
Cme Group Inc -3.24%$ -3.243 millions
Community Trust Bancorp Inc-3.28%$ -3.283 millions
Radian Group Inc-3.42%$ -3.425 millions
Univest Financial Corporation-3.47%$ -3.466 millions
Farmers and Merchants Bancorp-3.50%$ -3.499 millions
Lakeland Financial Corporation-3.61%$ -3.612 millions
Commerce Bancshares Inc -4.23%$ -4.231 millions
International Bancshares Corporation-4.24%$ -4.242 millions
World Gold Trust-4.78%$ -4.776 millions
Gaming And Leisure Properties inc -4.85%$ -4.847 millions
Cohen and Steers Inc -5.19%$ -5.190 millions
1st Source Corp-5.36%$ -5.361 millions
Molina Healthcare Inc -6.23%$ -6.231 millions
Southern First Bancshares Inc -6.70%$ -6.696 millions
Braemar Hotels and Resorts Inc -6.76%$ -6.757 millions
Citizens Inc -6.77%$ -6.773 millions




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com