First National Corp /Va/ (FXNC) Tax Rate (2010 - 2026)
First National (FXNC) reported Tax Rate of 19.52% for Q2 2026, down 0.75 percentage points from 20.27% a year earlier but up 0.06 percentage points from the prior quarter.
First National Corp /Va/ (FXNC) Tax Rate (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, First National's Tax Rate came in at 19.44%, up 6.51 percentage points year-over-year; for FY2025, it was 19.33%, up 5.88 percentage points from FY2024.
- Tax Rate has a five-year change of +0.54 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 13.44% in FY2024 (-5.03 pp), 18.48% in FY2023 (-0.57 pp), 19.05% in FY2022 (-0.93 pp) and 19.98% in FY2021 (+1.19 pp).
- Five-year quarterly Tax Rate spans a low of 15.67% in Q1 2025 and a high of 50.27% in Q4 2024.
- Year over year, Tax Rate gained in three of the last eight quarters, with an average year-over-year change of -1.29 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2024 (a gain of 22.88 percentage points); the low point was Q4 2025 (a drop of 30.10 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 19.46% (Q1 2026), 20.16% (Q4 2025) and 18.62% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.52% |
| Mar 31, 2026 | 19.46% |
| Dec 31, 2025 | 20.16% |
| Sep 30, 2025 | 18.62% |
| Jun 30, 2025 | 20.27% |
| Mar 31, 2025 | 15.67% |
| Sep 30, 2024 | 19.51% |
| Jun 30, 2024 | 21.76% |
| Mar 31, 2024 | 19.98% |
| Sep 30, 2023 | 18.98% |
| Jun 30, 2023 | 19.81% |
| Mar 31, 2023 | 19.04% |
| Dec 31, 2022 | 19.15% |
| Sep 30, 2022 | 18.59% |
| Jun 30, 2022 | 19.30% |
| Mar 31, 2022 | 19.20% |
| Dec 31, 2021 | 18.54% |
| Sep 30, 2021 | 18.99% |
| Jun 30, 2021 | 22.28% |
| Mar 31, 2021 | 18.94% |
First National Corp /Va/ Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=FXNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FXNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=FXNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();