First National (FXNC) revenue breakdown

· Market cap $266M

By product, ATM and Check Card Fees is the largest at 34% of fiscal 2023 revenue; Wealth Management Fees grew fastest, 14% a year over 6 years.

Revenue by product

Fiscal years, as First National reports them in its 10-K filings; fiscal 2023 total $10M.

Products2017201820192020202120222023Share
ATM and Check Card Fees$2M$2M$2M$2M$3M$3M$3M 34%
Wealth Management Fees$1M$2M$2M$2M$3M$3M$3M 30%
Service Charges on Deposit Accounts$3M$3M$3M$2M$2M$3M$3M 27%
Fees for Other Customer Services$570,000$601,000$686,000$587,000$777,000$839,000$770,000 8%
Mortgage Banking———$356,000$539,000$245,000$119,000 1%
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Questions

Where does First National make its money?

In fiscal 2023, by product: ATM and Check Card Fees $3M, Wealth Management Fees $3M, Service Charges on Deposit Accounts $3M, Fees for Other Customer Services $770,000, Mortgage Banking $119,000.

From First National's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.