First National Corp. (FXNC) Surpasses Q4 Earnings and Revenue Estimates

Core Viewpoint - First National Corp. reported quarterly earnings of $0.66 per share, exceeding the Zacks Consensus Estimate of $0.47 per share, and showing a significant improvement from a loss of $0.14 per share a year ago, indicating a strong earnings surprise of 40.43% [1][2] Financial Performance - The company achieved revenues of $24.8 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 15.36%, compared to revenues of $13.88 million in the same quarter last year [2] - Over the last four quarters, First National has exceeded consensus EPS estimates three times and topped consensus revenue estimates four times [2] Stock Performance - First National shares have increased approximately 9.7% since the beginning of the year, outperforming the S&P 500's gain of 3.1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.50 on revenues of $21.2 million, and for the current fiscal year, it is $2.25 on revenues of $87.3 million [7] Industry Outlook - The Banks - Southeast industry, to which First National belongs, is currently ranked in the top 8% of over 250 Zacks industries, suggesting a favorable outlook for the sector [8]