First Historical Income Statement
FXNC Stock | USD 23.77 0.28 1.16% |
Historical analysis of First National income statement accounts such as Total Revenue of 25.5 M or Gross Profit of 25.5 M can show how well First National Corp performed in making a profits. Evaluating First National income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First National's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining First National Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First National Corp is a good buy for the upcoming year.
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About First Income Statement Analysis
First National Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First National shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
First National Income Statement Chart
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Total Revenue
Total revenue comprises all receipts First National Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of First National Corp. It is also known as First National overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from First National's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First National Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First National Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At present, First National's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 13.2 M, whereas Depreciation And Amortization is forecasted to decline to about 1 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.3M | 3.8M | 14.3M | 15.0M | Depreciation And Amortization | 1.4M | 1.5M | 1.6M | 1.0M |
First National income statement Correlations
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First National income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 302K | 1.5M | 1.4M | 1.5M | 1.6M | 1.0M | |
Interest Expense | 4.9M | 3.4M | 2.3M | 3.8M | 14.3M | 15.0M | |
Total Revenue | 36.6M | 37.7M | 45.0M | 56.9M | 49.0M | 25.5M | |
Gross Profit | 36.6M | 37.7M | 45.0M | 56.9M | 49.0M | 25.5M | |
Other Operating Expenses | 24.8M | 26.8M | 32.1M | 4.0M | 29.8M | 31.2M | |
Operating Income | 11.8M | 10.9M | 12.9M | 23.1M | 11.8M | 13.2M | |
Ebit | 11.8M | 10.9M | 12.9M | 20.7M | 11.8M | 13.2M | |
Ebitda | 12.1M | 12.4M | 14.4M | 22.3M | 13.4M | 14.2M | |
Total Operating Expenses | (24.8M) | (26.8M) | (32.1M) | 4.0M | 29.8M | 31.2M | |
Income Before Tax | 11.8M | 10.9M | 12.9M | 20.7M | 11.8M | 6.7M | |
Total Other Income Expense Net | 11.8M | (4.5M) | (5.3M) | (6.6M) | 47K | 49.4K | |
Net Income | 9.6M | 8.9M | 10.4M | 16.8M | 9.6M | 5.0M | |
Income Tax Expense | 2.2M | 2.0M | 2.6M | 4.0M | 2.2M | 1.7M | |
Selling General Administrative | 13.6M | 13.6M | 18.1M | 21.2M | 21.7M | 11.3M | |
Selling And Marketing Expenses | 651K | 355K | 666K | 813K | 910K | 522.9K | |
Net Income Applicable To Common Shares | 9.6M | 8.9M | 10.4M | 16.8M | 19.3M | 20.3M | |
Net Income From Continuing Ops | 9.6M | 8.9M | 10.4M | 16.8M | 9.6M | 9.8M | |
Tax Provision | 2.2M | 2.0M | 2.6M | 4.0M | 2.2M | 2.7M | |
Net Interest Income | 27.9M | 29.4M | 34.8M | 45.5M | 43.3M | 33.9M | |
Interest Income | 32.8M | 32.8M | 37.1M | 49.3M | 57.6M | 38.6M | |
Reconciled Depreciation | 1.6M | 1.5M | 28K | 19K | 1.6M | 980.5K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether First National Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First National Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First National Corp Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First National Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First National. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.28) | Dividend Share 0.6 | Earnings Share 1.12 | Revenue Per Share 7.779 | Quarterly Revenue Growth (0.03) |
The market value of First National Corp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First National's value that differs from its market value or its book value, called intrinsic value, which is First National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First National's market value can be influenced by many factors that don't directly affect First National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First National's value and its price as these two are different measures arrived at by different means. Investors typically determine if First National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.