FIRST NATIONAL CORP /VA/
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $14.3M | $14.2M | $10.2M | $10.1M | $9.0M |
| Interest expense | — | — | $14.3M | $3.8M | $2.3M |
| Pretax income | $21.9M | $8.0M | $11.8M | $20.7M | $12.9M |
| Income tax expense | $4.2M | $1.1M | $2.2M | $4.0M | $2.6M |
| Net income | $17.7M | $7.0M | $9.6M | $16.8M | $10.4M |
| Balance Sheet | |||||
| Cash and equivalents | $160.9M | $162.9M | $87.2M | — | — |
| Total assets | $2.0B | $2.0B | $1.4B | $1.4B | $1.4B |
| Total liabilities | $1.9B | $1.8B | $1.3B | $1.3B | $1.3B |
| Stockholders' equity | $186.2M | $166.5M | $116.3M | $108.4M | $117.0M |
| Cash Flow Statement | |||||
| Cash from operations | $25.1M | -$22.2M | $16.4M | $26.8M | $7.9M |
| Depreciation and amortization | $2.8M | $1.9M | $1.6M | $1.5M | $1.4M |
| Stock-based compensation | $1.2M | $635,000 | $753,000 | $785,000 | $354,000 |
| Capital expenditure | $4.2M | $3.3M | $1.9M | $1.2M | $835,000 |
| Free cash flow | $20.9M | -$25.5M | $14.5M | $25.6M | $7.0M |
| Dividends paid | $5.5M | $4.0M | $3.6M | $3.3M | $2.5M |
| Share repurchases | $154,000 | $106,000 | — | $0 | $0 |
Shares outstanding 9.0M · Free float 93.4%
Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.