Which has the lower trailing P/E, FXNC or RWAY?

FXNC has the lower trailing P/E: FXNC trades at 12.52 and RWAY at 57.95. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, FXNC or RWAY?

Over the past five years, FXNC grew revenue faster — FXNC at a 23.73% CAGR versus RWAY at 2.66%.

Does FXNC or RWAY pay a bigger dividend?

FXNC yields 2.27% and RWAY yields 20.59% based on trailing dividends and the latest price.

Is FXNC or RWAY more profitable?

FXNC runs the higher net margin — FXNC at 18.47% versus RWAY at 12.42%.

First National Corporation (FXNC) vs Runway Growth Finance Corp. (RWAY)

A side-by-side comparison of First National Corporation and Runway Growth Finance Corp. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

FXNC

First National Corporation

$272M

$30.05Financial ServicesDelayed quote: Oct 6, 2026, 4:00 PM EDT

RWAY

Runway Growth Finance Corp.

$271M

$6.38Financial ServicesDelayed quote: Oct 6, 2026, 4:00 PM EDT

Total return — FXNC vs RWAY

growth of $100 · dividends reinvested · last 5y

FXNC +53.3% (+8.9%/yr)RWAY +0.2% (+0.0%/yr)FXNC compounded faster over this window

FXNC RWAY

FXNC vs RWAY: by the numbers

•FXNC is the larger company ($272M vs $271M market cap).
•FXNC trades at the lower trailing earnings multiple (12.52 vs 57.95 P/E), one valuation lens rather than an overall verdict.
•FXNC converts more revenue to profit (18.47% vs 12.42% net margin).
•FXNC grew revenue faster over the past five years (23.73% vs 2.66% CAGR).
•RWAY pays the higher dividend yield (20.59% vs 2.27%).

Metrics side by side

Valuation

Metric	FXNC	RWAY
P/E ratio	12.52	57.95
Forward P/E	12.32	N/A
PEG ratio	8.40	N/A
P/S ratio	2.31	4.33
P/B ratio	1.40	0.54

Profitability

Metric	FXNC	RWAY
Operating margin	22.93%	49.99%
Net margin	18.47%	12.42%
ROE	11.20%	1.54%

First National Corporation: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Runway Growth Finance Corp.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Dividends

Metric	FXNC	RWAY
Dividend yield	2.27%	20.59%
Payout ratio	28.33%	1200.00%

Growth (annualized)

Metric	FXNC	RWAY
Revenue CAGR (5Y)	23.73%	2.66%
EPS CAGR (5Y)	1.60%	-3.99%
Total return CAGR (5Y)	9.06%	N/A

Frequently asked

Which has the lower trailing P/E, FXNC or RWAY?: FXNC has the lower trailing P/E: FXNC trades at 12.52 and RWAY at 57.95. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FXNC or RWAY?: Over the past five years, FXNC grew revenue faster — FXNC at a 23.73% CAGR versus RWAY at 2.66%.
Does FXNC or RWAY pay a bigger dividend?: FXNC yields 2.27% and RWAY yields 20.59% based on trailing dividends and the latest price.
Is FXNC or RWAY more profitable?: FXNC runs the higher net margin — FXNC at 18.47% versus RWAY at 12.42%.

Go deeper

Full FXNC analysis Full RWAY analysis Interactive comparison tool

Dig into the metrics

First National P/E ratio Runway Growth Finance P/E ratio First National dividend yield Runway Growth Finance dividend yield First National ROE Runway Growth Finance ROE First National operating margin Runway Growth Finance operating margin First National revenue growth Runway Growth Finance revenue growth

First National & Runway Growth Finance appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest Operating Margin Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.