First National (FXNC) Operating Expenses (2010 - 2026)
First National's (FXNC) quarterly Operating Expenses came in at $16.0 million in Q1 2026, down 12.83% YoY from $18.3 million in Q1 2025, and down 0.89% on a QoQ basis from $16.1 million in Q4 2025.
First National (FXNC) Operating Expenses (2010 - 2026) Analysis & Trends
First National (FXNC) has 17 years of Operating Expenses data on file, last reported at $16.0 million in Q1 2026.
- Quarterly Operating Expenses fell 12.83% year-over-year to $16.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $63.1 million (up 2.77% YoY) and the FY2025 annual result came in at $65.4 million, up 23.61% from the prior year.
- Operating Expenses declined to $16.0 million in Q1 2026, from $16.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $21.9 million in Q4 2024 to a low of $8.6 million in Q1 2022.
- A 5-year average of $12.2 million and a median of $9.9 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses jumped 140.98% — and 2025, when it decreased 26.47%.
- Tracing FXNC's Operating Expenses over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 2.11 Bn |
| 10 | First National | 280.01 Mn | 113.86 Mn | 1.60 Mn | 16.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 16.44 Mn |
| Mar 31, 2026 | 15.98 Mn |
| Dec 31, 2025 | 16.13 Mn |
| Sep 30, 2025 | 15.78 Mn |
| Jun 30, 2025 | 15.19 Mn |
| Mar 31, 2025 | 18.34 Mn |
| Dec 31, 2024 | 21.93 Mn |
| Sep 30, 2024 | 10.46 Mn |
| Jun 30, 2024 | 10.66 Mn |
| Mar 31, 2024 | 9.89 Mn |
| Dec 31, 2023 | 9.10 Mn |
| Sep 30, 2023 | 9.78 Mn |
| Jun 30, 2023 | 9.16 Mn |
| Mar 31, 2023 | 9.20 Mn |
| Dec 31, 2022 | 8.95 Mn |
| Sep 30, 2022 | 9.08 Mn |
| Jun 30, 2022 | 8.92 Mn |
| Mar 31, 2022 | 8.64 Mn |
| Dec 31, 2021 | 10.03 Mn |
| Sep 30, 2021 | 9.43 Mn |