First National (FXNC) Operating Expenses (2010 - 2026)

First National has reported Operating Expenses for 17 years, with the latest figure at $16.0 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 12.83% year-over-year to $16.0 million; the trailing twelve-month figure through Mar 2026 stood at $63.1 million (up 2.77% YoY), and the FY2025 full-year result was $65.4 million, up 23.61% from the prior year.
• Operating Expenses for Q1 2026 stood at $16.0 million, down from $16.1 million in the prior quarter.
• The five-year high for Operating Expenses was $21.9 million in Q4 2024, with the low at $8.6 million in Q1 2022.
• Historically, Operating Expenses has averaged $12.2 million across 5 years, with a median of $9.9 million in 2024.
• Annual changes were most pronounced in 2024 — Operating Expenses jumped 140.98% — and 2025, when it decreased 26.47%.
• First National's Operating Expenses stood at $9.0 million in 2022, then gained by 1.65% to $9.1 million in 2023, then jumped by 140.98% to $21.9 million in 2024, then decreased by 26.47% to $16.1 million in 2025, then dropped by 0.89% to $16.0 million in 2026.
• The last three Operating Expenses figures came in at $16.0 million (Q1 2026), $16.1 million (Q4 2025), and $15.8 million (Q3 2025), per Business Quant data.