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Stock impact report

Touchstone Bankshares, Inc. Reports Financial Results for the First Quarter 2024 [Yahoo! Finance]

First National Corporation (FXNC) 
NASDAQ:AMEX Investor Relations: ir.fbvirginia.com
Company Research Source: Yahoo! Finance
Bank (the "Bank"), reported unaudited results for the three months ended March 31, 2024. The Company reported net income available to common shareholders of $327 thousand for the three months ended March 31, 2024 . Basic and diluted earnings per common share for the three months ended March 31, 2024 , was , while return on average assets (annualized), return on average common equity (annualized) and the efficiency ratio was 0.20%, 2.93%, and 93%, respectively. By comparison, the Company reported a net (loss) available to common shareholders for the three months ended March 31, 2023 of $(196) thousand , and basic and diluted (loss) per common share was . Return on average assets (annualized), return on average common equity (annualized), and the efficiency ratio was (0.13)%, (1.89)%, and 88%, respectively, for the three months ended March 31, 2023 The Company's results of operations for the three months ended March 31, 2024 were negatively impacted by incurring $543 thousand in mer Show less Read more
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