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Stock impact report

First National Financial Corporation Reports Fourth Quarter, Annual 2025 Financial Results [Yahoo! Finance]

First National Corporation (FXNC) 
NASDAQ:AMEX Investor Relations: ir.fbvirginia.com
Company Research Source: Yahoo! Finance
First National Financial Corporation Logo (CNW Group/First National Financial Corporation) 2025 Financial results In 2025, the Company earned net income of $126.9 million. For the fourth quarter of 2025 the Company recorded a loss of $34.7 million. The full year's and fourth quarter's results were unfavorably affected by costs related to the "go-private" transaction (the "transaction") which closed on October 22, 2025. These costs include the amortization of fair value adjustments to tangible assets, the amortization of intangible assets as well as advisory, legal and other costs associated with the transaction. A consequence of the transaction was to adjust some net tangible assets to fair value as well as to establish new intangible assets. This was the result of the purchase consideration of the transaction exceeding the net book value of common shareholders' equity at the time of the acquisition. The increased carrying value of tangible assets and the new intangible assets ar Show less Read more
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