First National Corporation Reports Fourth Quarter and Annual 2024 Financial Results
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First National Corporation (NASDAQ: FXNC) reported a net loss of $933 thousand for Q4 2024, with a loss per share of $0.10. However, adjusted operating earnings were $6.0 million, with an adjusted earnings per share of $0.66.
February 06, 2025 | 12:45 pm
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First National Corporation reported a Q4 2024 net loss of $933k, but adjusted operating earnings were $6M, with an adjusted EPS of $0.66.
The reported net loss might initially concern investors, but the adjusted operating earnings and positive adjusted EPS could mitigate negative sentiment. The mixed results suggest a neutral short-term impact on the stock price.
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