First National (FXNC) Tax Rate (2010 - 2026)

First National has reported Tax Rate for 17 years, with the latest figure at 19.46% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate rose 379.0% year-over-year to 19.46%; the trailing twelve-month figure through Mar 2026 stood at 19.62% (up 988.0% YoY), and the FY2025 full-year result was 19.33%, up 588.0% from the prior year.
• Tax Rate for Q1 2026 stood at 19.46%, down from 20.16% in the prior quarter.
• The five-year high for Tax Rate was 50.27% in Q4 2024, with the low at 6.66% in Q4 2023.
• Historically, Tax Rate has averaged 19.59% across 5 years, with a median of 19.3% in 2022.
• Annual changes were most pronounced in 2024 — Tax Rate jumped 5692 bps — and 2025, when it plunged 3010 bps.
• First National's Tax Rate stood at 19.15% in 2022, then tumbled by 135 bps to 6.66% in 2023, then soared by 855 bps to 50.27% in 2024, then tumbled by 60 bps to 20.16% in 2025, then dropped by 3 bps to 19.46% in 2026.
• The last three Tax Rate figures came in at 19.46% (Q1 2026), 20.16% (Q4 2025), and 18.62% (Q3 2025), per Business Quant data.