earnings
confidence high
sentiment negative
materiality 0.65
First National Corp Q3 net income $2.2M, EPS $0.36; adjusted EPS $0.39
FIRST NATIONAL CORP /VA/
2024-Q3 EPS reported
$1.26
revenue$7,979,000
- Net income $2.2M ($0.36 per share) vs $3.1M ($0.50) in Q3 2023; adjusted net income $2.4M ($0.39).
- Net interest margin improved to 3.43% from 3.35% a year ago; efficiency ratio improved to 67.95% from 70.67%.
- Adjusted pre-provision pre-tax earnings $4.7M vs $3.95M in prior year period.
- Return on average assets 0.62% and return on average equity 7.28%.