First National of Nebraska Inc (FINN) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of First National of Nebraska Inc stock $15,594, price $19,075, that is 18.2% below the price, quality 50 out of 100. Rating: overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range $6,175 – $19,750 · fair‑value band $12,002 – $22,496 · the $19,075 price screens above the $15,594 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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First National of Nebraska, Inc. operates as the bank holding company for First National Bank of Omaha that provides various banking products and services. It provides checking, savings, and individual retirement accounts; certificates of deposit; and credit cards.
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It also provides personal loans and lines of credit; auto loans; mortgage loans; home equity lines of credit and loans; small business loans and lines of credit; small business administration loans; and commercial lending solutions.
In addition, the company offers treasury management, debt consolidation, financial planning, retirement planning, wealth management, and merchant.
Further, it provides solutions for agribusiness, commercial real estate, correspondent banking, financial institutions, healthcare banking, loan syndications, sponsor finance, and transportation banking. First National of Nebraska, Inc. was founded in 1857 and is headquartered in Omaha, Nebraska.
Stock analysis
First National of Nebraska Inc (FINN) currently trades at $19,075, while our model-based Fair Value estimate is $15,594, 18% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $21,173 per share, and 1 of the 6 models we run sit above the $19,075 price.
Bear case: the Dividend Discount group reads lowest at $7,524, and 5 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: $12,002 (bear) to $22,496 (bull), the price of $19,075 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 50/100 (solid quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
First National of Nebraska Inc reported revenue of $3.4B in FY2025 versus $1.6B in FY2021, a compound +19.9%/yr. Reported net income was $533M in FY2025, compounding +1.9%/yr from FY2021.
Key figures
Market cap $6.7B Mid · P/E ratio 9.7 · P/S ratio 1.54 · EPS (TTM) $1,966 · Dividend yield 0.4% · Net margin 15.9% · Return on assets (EBIT) 1.7% (5-year average) · Operating margin 29.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 68 out of 100 (low confidence).
What moves the price
The share trades about 3% below its 52-week high and 40% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at −18%, FINN screens cheaper than that median.
Fair Value models
Bear$12,002Fair Value $15,594Bull$22,496
Price $19,075 · Downside -18.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($1,626 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
Residual Income$14,120$18,346$28,90674
DDM Multi-Stage$3,793$6,779$8,61966
Gordon GGM$3,793$8,269$13,88765
All 6 models by family
Dividend Discount
Gordon GGM$3,793$8,269$13,88765
DDM Multi-Stage$3,793$6,779$8,61966
Multiples
P/E Multiple$19,230$25,639$32,04963
P/B Multiple$12,530$16,706$20,88355
Asset-Based
NCAV (Graham)$5,966$7,995$11,93354
Economic Profit
Residual Income$14,120$18,346$28,90674
The fair value above starts from this blend and is adjusted for dilution from new shares.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.87/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+7.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+21.8%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+14.9%
Start year 2020 (pandemic). Over 10 years: +9.2% a year
Revenue growth 26 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+14.3%
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What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
+8.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+8.4%
Dividend (yield on the price)0.4%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.6.7% vs 6.7%, steady
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.23% → 21%
2025 sits 60% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
News mood ⓘNews mood, the average tone of recent news (26 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Very negative
AI conclusion: The regional bank shows average profitability metrics yet lacks clear signals of a durable moat in a sector marked by high competition.
Main risk: Integration demands from the Blue Ridge and InBank acquisitions could test earnings more than added scale from the expanded market reach strengthens them.
First National of Nebraska has closed the Blue Ridge acquisition in Missouri and is moving ahead with the InBank deal to add branches across Colorado and into New Mexico. These steps broaden its regional footprint through targeted consolidation. Our models see the shares as overvalued. Will the added scale and market reach ultimately strengthen earnings more than the integration demands test them?
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 996 stocks
Beats the industry median on 6/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score50 · Below median
Fair Value upside−18.2% · Above median
Profitability
Return on assets1.5% · Top 25%
Net margin (12 months)20.6% · Bottom 25%
Operating margin (12 months)29.4% · Below median
Growth and dividend
Revenue growth (quarter YoY)−0.4% · Bottom 25%
Dividend yield (12 months)0.4% · Bottom 25%
Balance sheet
Debt / equity0.14× · Below median
Valuation Multiplesvs Banks - Regional median · lower = cheaper
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Cite: Fair Value Calculator (2026). "First National of Nebraska Inc Fair Value". https://www.fairvalue-calculator.com/stock/FINN
Frequently asked questions
Is First National of Nebraska Inc (FINN) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of $15,594 versus a price of $19,075, about 18% lower (overvalued).
What is the fair value of FINN?
Our model-based fair value for First National of Nebraska Inc is $15,594 (as of Nov 7, 2026), built from audited fundamentals. The current price: $19,075.
What is the quality score of FINN?
First National of Nebraska Inc has a Quality Score of 50/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for First National of Nebraska Inc (FINN)?
Our model-based price target is the fair value of $15,594 (as of Nov 7, 2026) from 6 valuation models. Cautious scenario $12,002, optimistic scenario $22,496. It is a calculation from audited fundamentals, not an analyst target.
What is the First National of Nebraska Inc stock forecast for 2026?
Our models put fair value at $15,594, about 18% lower versus a price of $19,075 (overvalued). Cautious scenario $12,002, optimistic scenario $22,496. The calculation is refreshed regularly with new filings.
What is the revenue of First National of Nebraska Inc (FINN)?
First National of Nebraska Inc reported trailing-twelve-month revenue of about $1.9B (latest available figure, as of Nov 7, 2026).
Does First National of Nebraska Inc pay a dividend?
First National of Nebraska Inc currently shows a dividend yield of 0.37% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of First National of Nebraska Inc (FINN) and when is the ex-dividend date?
First National of Nebraska Inc pays a dividend of $70.00 per share a year, a dividend yield of 0.4%. The last ex-dividend date was Aug 18, 2026. A dividend has been paid every year since 2012. The payout ratio is 3.6% of earnings. Our assessment: Low payout. A low payout ratio: the dividend takes at most 60 % of earnings. Whether free cash flow covers it as well, we cannot see for this company.
What is the intrinsic value of First National of Nebraska Inc (FINN)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For First National of Nebraska Inc it is $15,594 per share (as of Nov 7, 2026), against a price of $19,075. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is First National of Nebraska Inc stock overvalued or undervalued in 2026?
As of Nov 7, 2026, FINN trades above its calculated fair value: price $19,075, fair value $15,594, a gap of about −18% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of FINN?
No. The price is what the market pays today ($19,075); the fair value is what the company's own numbers justify ($15,594). For First National of Nebraska Inc the two are $3,481 per share apart. That gap is exactly why we show both numbers side by side.
How much is First National of Nebraska Inc worth?
The market values First National of Nebraska Inc at about $6.7B (market capitalisation, as of Nov 7, 2026). Per share that is $19,075; our models calculate a fair value of $15,594 per share.
What do the bullish and bearish scenarios say about FINN?
Our models span a range for First National of Nebraska Inc: cautious scenario $12,002, base $15,594, optimistic $22,496 per share (as of Nov 7, 2026, price $19,075). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of FINN?
First National of Nebraska Inc trades at a price-to-earnings ratio of 9.7 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $15,594 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 7.8. Other multiples: P/B 1.7, P/S 3.5, EV/EBITDA 7.1.
How solid is the balance sheet of First National of Nebraska Inc (FINN)?
Balance-sheet figures for First National of Nebraska Inc (as of Nov 7, 2026): debt of 0.14 per unit of equity. They feed the Quality Score of 50/100, which measures business quality independently of the share price.
How far is FINN from its 52-week high?
First National of Nebraska Inc trades at $19,075, about 3% below its 52-week high of $19,750 and 40% above the low of $13,666 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $15,594 is for.
Which stocks are comparable to First National of Nebraska Inc?
From the same area (Financial Services) we also value China Merchants Bank Co, DBS Group, UniCredit S.p.A, Mizuho Financial Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is First National of Nebraska Inc stock attractive at the current price?
The data as of Nov 7, 2026: price $19,075, calculated fair value $15,594 (−18%), Quality Score 50/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of FINN calculated?
We run First National of Nebraska Inc through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of $15,594 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. First National of Nebraska Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of First National of Nebraska Inc (FINN)?
The closing price on Nov 6, 2026 was $19,075. Our model-based fair value is $15,594, about 18% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with First National of Nebraska Inc right now?
Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range ($12,002 to $22,496) leaves room in how you read the outcome. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of First National of Nebraska Inc (FINN) come from?
Earnings per share at First National of Nebraska Inc grew +3.7 % a year from 2014 to 2025. Broken into its drivers: revenue per share +10.4 %, EBIT margin −3.1 %, tax rate +0.3 %, residual (interest, one-offs) −3.4 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of First National of Nebraska Inc
How large is the market capitalisation of First National of Nebraska Inc (FINN)?
The market capitalisation of First National of Nebraska Inc is $6.7B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of First National of Nebraska Inc (FINN)?
The price-to-sales ratio of First National of Nebraska Inc is 1.54 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of First National of Nebraska Inc (FINN)?
Earnings per share at First National of Nebraska Inc are $1,966 (price ÷ EPS = P/E 9.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of First National of Nebraska Inc (FINN)?
The dividend yield of First National of Nebraska Inc is 0.4% (payout 3.6%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of First National of Nebraska Inc (FINN)?
The net margin of First National of Nebraska Inc is 15.9% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the EBIT return on assets of First National of Nebraska Inc (FINN)?
On an EBIT basis the return on assets of First National of Nebraska Inc is 1.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of First National of Nebraska Inc (FINN)?
The operating margin of First National of Nebraska Inc is 29.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at First National of Nebraska Inc (FINN)?
Revenue at First National of Nebraska Inc is growing −0.4% versus a year earlier (3y avg +21.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at First National of Nebraska Inc (FINN)?
Earnings per share at First National of Nebraska Inc are growing −21.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does First National of Nebraska Inc (FINN) generate?
The free cash flow of First National of Nebraska Inc is $1.0B (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does First National of Nebraska Inc (FINN) carry?
The net debt of First National of Nebraska Inc is $526M (fiscal year 2025, ≈ 0.5 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 7, 2026