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Side-by-side financial comparison of American Express (AXP) and FIRST NATIONAL CORP (FXNC). Click either name above to swap in a different company.

American Express is the larger business by last-quarter revenue ($18.9M vs $3.5M, roughly 5.4× FIRST NATIONAL CORP). FIRST NATIONAL CORP runs the higher net margin — 158.2% vs 15.7%, a 142.5% gap on every dollar of revenue. On growth, American Express posted the faster year-over-year revenue change (11.4% vs -46.3%). Over the past eight quarters, FIRST NATIONAL CORP's revenue compounded faster (17.0% CAGR vs -95.6%).

American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. The company operates through three segments: Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Its products and services include payment and financing products; network services; accounts payable expense management products and services; and travel and lifestyle services. The company's products an...

VA Tech Wabag Ltd. is an Indian multinational company focussed on desalination and water treatment for municipal and industrial users. Founded in Breslau in 1924, the company is headquartered in Chennai.

AXP vs FXNC — Head-to-Head

Bigger by revenue
AXP
AXP
5.4× larger
AXP
$18.9M
$3.5M
FXNC
Growing faster (revenue YoY)
AXP
AXP
+57.7% gap
AXP
11.4%
-46.3%
FXNC
Higher net margin
FXNC
FXNC
142.5% more per $
FXNC
158.2%
15.7%
AXP
Faster 2-yr revenue CAGR
FXNC
FXNC
Annualised
FXNC
17.0%
-95.6%
AXP

Income Statement — Q1 2026 vs Q4 2025

Metric
AXP
AXP
FXNC
FXNC
Revenue
$18.9M
$3.5M
Net Profit
$3.0M
$5.5M
Gross Margin
Operating Margin
Net Margin
15.7%
158.2%
Revenue YoY
11.4%
-46.3%
Net Profit YoY
15.0%
689.9%
EPS (diluted)
$0.60

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AXP
AXP
FXNC
FXNC
Q1 26
$18.9M
Q4 25
$10.9B
$3.5M
Q3 25
$10.4B
$4.1M
Q2 25
$10.3B
$3.4M
Q1 25
$9.6B
$3.3M
Q4 24
$10.0B
$6.5M
Q3 24
$9.7B
$2.7M
Q2 24
$9.8B
$2.5M
Net Profit
AXP
AXP
FXNC
FXNC
Q1 26
$3.0M
Q4 25
$2.5B
$5.5M
Q3 25
$2.9B
$5.5M
Q2 25
$2.9B
$5.1M
Q1 25
$2.6B
$1.6M
Q4 24
$2.2B
$-933.0K
Q3 24
$2.5B
$2.2M
Q2 24
$3.0B
$2.4M
Operating Margin
AXP
AXP
FXNC
FXNC
Q1 26
Q4 25
28.2%
Q3 25
36.7%
Q2 25
34.4%
Q1 25
34.6%
57.9%
Q4 24
27.7%
-29.0%
Q3 24
33.0%
Q2 24
38.6%
Net Margin
AXP
AXP
FXNC
FXNC
Q1 26
15.7%
Q4 25
22.5%
158.2%
Q3 25
27.9%
135.1%
Q2 25
28.0%
147.3%
Q1 25
26.8%
48.8%
Q4 24
21.8%
-14.4%
Q3 24
25.8%
84.7%
Q2 24
30.7%
97.3%
EPS (diluted)
AXP
AXP
FXNC
FXNC
Q1 26
Q4 25
$3.52
$0.60
Q3 25
$4.14
$0.62
Q2 25
$4.08
$0.56
Q1 25
$3.64
$0.18
Q4 24
$3.04
$-0.26
Q3 24
$3.49
$0.36
Q2 24
$4.15
$0.39

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AXP
AXP
FXNC
FXNC
Cash + ST InvestmentsLiquidity on hand
$160.9M
Total DebtLower is stronger
$60.4M
Stockholders' EquityBook value
$34.0M
$186.2M
Total Assets
$308.9M
$2.0B
Debt / EquityLower = less leverage
1.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXP
AXP
FXNC
FXNC
Q1 26
Q4 25
$742.0M
$160.9M
Q3 25
$1.3B
$189.3M
Q2 25
$197.0M
$194.3M
Q1 25
$261.0M
$206.0M
Q4 24
$221.0M
$162.9M
Q3 24
$120.0M
$126.5M
Q2 24
$188.0M
$135.6M
Total Debt
AXP
AXP
FXNC
FXNC
Q1 26
$60.4M
Q4 25
$56.4B
Q3 25
$57.8B
Q2 25
$58.2B
Q1 25
$51.2B
Q4 24
$49.7B
Q3 24
$53.5B
Q2 24
$51.5B
Stockholders' Equity
AXP
AXP
FXNC
FXNC
Q1 26
$34.0M
Q4 25
$33.5B
$186.2M
Q3 25
$32.4B
$181.2M
Q2 25
$32.3B
$173.5M
Q1 25
$31.2B
$168.7M
Q4 24
$30.3B
$166.5M
Q3 24
$29.7B
$125.1M
Q2 24
$29.5B
$119.9M
Total Assets
AXP
AXP
FXNC
FXNC
Q1 26
$308.9M
Q4 25
$300.1B
$2.0B
Q3 25
$297.6B
$2.0B
Q2 25
$295.6B
$2.0B
Q1 25
$282.2B
$2.0B
Q4 24
$271.5B
$2.0B
Q3 24
$271.0B
$1.5B
Q2 24
$272.2B
$1.5B
Debt / Equity
AXP
AXP
FXNC
FXNC
Q1 26
1.78×
Q4 25
1.68×
Q3 25
1.78×
Q2 25
1.80×
Q1 25
1.64×
Q4 24
1.64×
Q3 24
1.80×
Q2 24
1.74×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AXP
AXP
FXNC
FXNC
Operating Cash FlowLast quarter
$8.4M
Free Cash FlowOCF − Capex
$6.9M
FCF MarginFCF / Revenue
199.4%
Capex IntensityCapex / Revenue
43.3%
Cash ConversionOCF / Net Profit
1.53×
TTM Free Cash FlowTrailing 4 quarters
$20.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXP
AXP
FXNC
FXNC
Q1 26
Q4 25
$3.1B
$8.4M
Q3 25
$6.2B
$8.4M
Q2 25
$4.4B
$4.7M
Q1 25
$4.8B
$3.5M
Q4 24
$5.8B
$-36.7M
Q3 24
$-1.8B
$6.1M
Q2 24
$4.5B
$3.6M
Free Cash Flow
AXP
AXP
FXNC
FXNC
Q1 26
Q4 25
$2.3B
$6.9M
Q3 25
$5.6B
$6.8M
Q2 25
$3.7B
$4.1M
Q1 25
$4.3B
$3.0M
Q4 24
$5.3B
$-37.8M
Q3 24
$-2.3B
$4.9M
Q2 24
$4.0B
$3.0M
FCF Margin
AXP
AXP
FXNC
FXNC
Q1 26
Q4 25
21.4%
199.4%
Q3 25
53.6%
166.4%
Q2 25
36.3%
120.0%
Q1 25
45.0%
92.9%
Q4 24
53.1%
-583.7%
Q3 24
-23.3%
186.1%
Q2 24
40.4%
118.7%
Capex Intensity
AXP
AXP
FXNC
FXNC
Q1 26
Q4 25
6.6%
43.3%
Q3 25
6.3%
39.0%
Q2 25
6.0%
17.2%
Q1 25
4.5%
14.7%
Q4 24
5.0%
17.5%
Q3 24
4.7%
45.4%
Q2 24
5.8%
26.0%
Cash Conversion
AXP
AXP
FXNC
FXNC
Q1 26
Q4 25
1.25×
1.53×
Q3 25
2.15×
1.52×
Q2 25
1.51×
0.93×
Q1 25
1.84×
2.21×
Q4 24
2.66×
Q3 24
-0.72×
2.73×
Q2 24
1.50×
1.49×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AXP
AXP

Discount revenue$9.5M50%
Other$8.9M47%
Deposits with banks and other$512.0K3%

FXNC
FXNC

Segment breakdown not available.

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