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First National (FXNC) Soars 5.4%: Is Further Upside Left in the Stock?
First National First National (US:FXNC) ZACKSยท2025-04-10 15:35

Company Overview - First National Corp. (FXNC) shares increased by 5.4% to $20.21 in the last trading session, following a period of 12.6% loss over the past four weeks, indicating a significant recovery in stock performance [1] - The company is expected to report quarterly earnings of $0.53 per share, reflecting a year-over-year increase of 3.9%, with revenues projected at $21.5 million, up 44.3% from the same quarter last year [3] Market Influence - The recent rally in First National Corp shares was driven by broad market strength, particularly after President Donald Trump's announcement of a 90-day suspension on tariffs for non-retaliating countries, which eased trade tensions and improved market sentiment [2] - The consensus EPS estimate for First National has remained unchanged over the last 30 days, suggesting that the stock's price movement may not sustain without trends in earnings estimate revisions [4] Industry Context - First National belongs to the Zacks Banks - Southeast industry, where another company, Hilltop Holdings (HTH), saw a 3.4% increase in its stock price, closing at $29.18, despite a 6.5% decline over the past month [4] - Hilltop Holdings has a consensus EPS estimate of $0.28 for its upcoming report, which represents a significant decline of 33.3% compared to the previous year, and currently holds a Zacks Rank of 2 (Buy) [5]