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First National Q1 FY26 net income more than tripled to $4.9 million; EPS climbs to $0.54

PUBT·04/30/2026 12:19:08
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First National Q1 FY26 net income more than tripled to $4.9 million; EPS climbs to $0.54
  • First National posted first-quarter net income of USD 4.9 million, more than tripling from year-ago levels, with diluted EPS of USD 0.54.
  • Total revenue fell 6.15% to USD 22.5 million, as noninterest income dropped 23.64% to USD 3.8 million.
  • Net interest margin (fully tax equivalent) widened to 3.99% from 3.77% a year earlier.
  • Loans held for investment climbed USD 14.7 million in the quarter, while deposits increased USD 37.7 million to USD 1.84 billion.
  • CEO Scott C. Harvard said loan production picked up in March and expects late-quarter loan growth to “reap benefits going forward,” with the company starting the year with “good momentum.”


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First National Corporation published the original content used to generate this news brief on April 30, 2026, and is solely responsible for the information contained therein.