First National (FXNC) Operating Expenses (2010 - 2026)
First National (FXNC) posted Operating Expenses of $16.0 million for Q1 2026, down 0.89% on a QoQ basis from $16.1 million in Q4 2025, and down 12.83% year-over-year from $18.3 million in Q1 2025.
First National (FXNC) Operating Expenses (2010 - 2026) Analysis & Trends
First National's Operating Expenses history runs 17 years deep, the most recent figure standing at $16.0 million for 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 was $16.0 million for Q1 2026 at First National, down from $16.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $21.9 million in Q4 2024 and bottomed at $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 declined 26.47%.
- First National's Operating Expenses stood at $9.0 million in 2022, then climbed by 1.65% to $9.1 million in 2023, then soared by 140.98% to $21.9 million in 2024, then dropped by 26.47% to $16.1 million in 2025, then fell by 0.89% to $16.0 million in 2026.
- Business Quant data shows FXNC's Operating Expenses at $16.0 million in Q1 2026, $16.1 million in Q4 2025, and $15.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | -20.00 Mn |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | -1.06 Bn |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | -287,925.00 |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | -3.86 Bn |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 7.75 Mn |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 11.90 Mn |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -2.75 Bn |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 3.77 Bn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 4.27 Bn |
| 10 | First National | 267.52 Mn | 79.71 Mn | 1.72 Mn | 15.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 6.63 Mn |