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

First National (FXNC) has reported Operating Expenses for 17 consecutive years, with $16.4 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 8.2% year-over-year to $16.4 million; the trailing twelve-month figure through Jun 2026 stood at $64.3 million (down 2.41% YoY), and the FY2025 full-year result was $65.4 million, up 23.61% from the prior year.
• Operating Expenses grew to $16.4 million in Q2 2026 per FXNC's latest filing, from $16.0 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.
• Historically, Operating Expenses has averaged $12.4 million across 5 years, with a median of $10.2 million in 2024.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 140.98% in 2024, then slipped 26.47% in 2025.
• Over 5 years, 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 climbed by 1.93% to $16.4 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $16.4 million, $16.0 million, and $16.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.