First National Co. (FXNC) Director William Michael Funk Buys 766 Shares

First National Co. (OTCMKTS:FXNC) Director William Michael Funk acquired 766 shares of the stock in a transaction that occurred on Thursday, December 28th. The stock was acquired at an average cost of $18.00 per share, for a total transaction of $13,788.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

First National Co. (FXNC) traded up $0.10 during trading hours on Friday, reaching $18.15. 1,082 shares of the company’s stock were exchanged, compared to its average volume of 4,653. The stock has a market cap of $89.25, a price-to-earnings ratio of 13.15 and a beta of 0.01. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.83 and a current ratio of 0.83. First National Co. has a 52 week low of $12.97 and a 52 week high of $18.05.

First National (OTCMKTS:FXNC) last announced its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.37 earnings per share for the quarter. The business had revenue of $8.44 million for the quarter. First National had a net margin of 19.51% and a return on equity of 12.40%.

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About First National

First National Corporation is a bank holding company of First Bank (the Bank). The Bank is a commercial bank, which provides loan, deposit, wealth management and other products and services in the Shenandoah Valley and central regions of Virginia. Loan products and services include personal loans, residential mortgages, home equity loans and commercial loans.

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