FCBC
First Community BanksharesCDocument history
Earnings documents stored for FCBC.
Investor releaseQuarter not tagged2026-04-29First Community Bankshares, Inc. Announces First Quarter 2026 Results and Quarterly Cash Dividend
GlobeNewswire
First Community Bankshares, Inc. Announces First Quarter 2026 Results and Quarterly Cash Dividend
BLUEFIELD, Va., April 28, 2026 (GLOBE NEWSWIRE) -- First Community Bankshares, Inc. (NASDAQ: FCBC) (www.firstcommunitybank.com) (the “Company”) today reported its unaudited results of operations and other financial information for the quarter ended March 31, 2026. The Company reported net income of $12.03 million, or $0.63 per diluted common share, for the quarter ended March 31, 2026. When adjusted to exclude the impact of merger-related expenses associated with the acquisition of Hometown Bancshares, Inc and non-recurring expenses, net income was $13.83 million, or $0.73 per diluted common share. The Company also declared a quarterly cash dividend to common shareholders of thirty-one cents, $0.31, per common share. The quarterly dividend is payable to common shareholders of record on May 15, 2026, and is expected to be paid on May 29, 2026. 2026 marks the 41st consecutive year of regular dividends to common shareholders and 2025 represented the 16th consecutive year of regular dividend increases. On January 23, 2026, the Company completed the acquisition of Middlebourne, West Virginia-based, Hometown Bancshares, Inc. and its wholly owned subsidiary, Union Bank, Inc. First Quarter 2026 Highlights Income Statement Net income of $12.03 million for the first quarter of 2026, was an increase of $209 thousand, or 1.77%, from the same quarter of 2025. When adjusted for merger and non-recurring expenses, net income of $13.83 million was an increase of $2.01 million, or 17.02%, from the same period in 2025. Net interest margin remained strong at 4.37% in the first quarter of 2026, up 3 basis points from the first quarter of 2025. Net interest rate spread increased 11 basis points to 4.05%, driving a $3.05 million, or 10.02%, increase in tax-equivalent net interest income. The improvement was primarily driven by an increase in the average balance of interest earnings assets and lower funding cost yields. Average earning assets increased $263.04 million, or 9.26%, contributing $2.67 million in additional interest income, while the yield of interest-bearing deposits declined 19 basis points, reducing interest expense by $393 thousand, or 8.07%. Net interest income after provision for loan losses increased $2.94 million, or 9.80%, compared to March 31, 2025. The increase is attributable to an increase in average earnings assets and decreased funding costs. Noninterest...
Investor releaseQuarter not tagged2026-01-28First Community Bankshares, Inc. Announces Fourth Quarter 2025 Results and Quarterly Cash Dividend
GlobeNewswire
First Community Bankshares, Inc. Announces Fourth Quarter 2025 Results and Quarterly Cash Dividend
BLUEFIELD, Va., Jan. 27, 2026 (GLOBE NEWSWIRE) -- First Community Bankshares, Inc. (NASDAQ: FCBC) (www.firstcommunitybank.com) (the “Company”) today reported its unaudited results of operations and other financial information for the quarter ended December 31, 2025. The Company reported net income of $12.46 million, or $0.68 per diluted common share, for the quarter ended December 31, 2025. Net income for the twelve months ended December 31, 2025, was $48.79 million or $2.65 per diluted common share. The Company also declared a quarterly cash dividend to common shareholders of thirty-one cents, $0.31, per common share. The quarterly dividend is payable to common shareholders of record on February 13, 2026, and is expected to be paid on February 27, 2026. 2025 marks the 40th consecutive year of regular dividends to common shareholders and 2025 represented the 16th consecutive year of regular dividend increases. In addition, the Board of Directors declared two special cash dividends during 2025; a $2.07 per common share dividend paid in the first quarter and a $1.00 per common share dividend declared in the fourth quarter. The Company's capital management philosophy emphasizes maintaining a strong capital base to support growth and effectively serve customers. Consistent with this philosophy, the Company intends to return excess capital to shareholders through regular cash dividends and share repurchases after funding growth in core operations and other strategic uses. To the extent that current earnings exceed these capital needs, the Company may declare special dividends; as it did in 2025. On January 23, 2026, the Company completed the acquisition of Middlebourne, West Virginia-based, Hometown Bancshares, Inc. and its wholly owned subsidiary, Union Bank, Inc. At the end of 2025, Hometown had total assets of approximately $415 million, loans of $172 million, and deposits of $376 million. Fourth Quarter 2025 Highlights Income Statement Net income of $12.46 million for the fourth quarter of 2025, was a decrease of $575 thousand, or 4.41%, from the same quarter of 2024. Net income of $48.79 million for the year of 2025, was a decrease of $2.81 million, or 5.45%, from the same period of 2024. When adjusted for merger and non-recurring expenses, net income of $14.16 million was an increase of $1.12 million, or 8.56%, from the fourth quarter of 2024. Net interest...
Investor releaseQuarter not tagged2025-10-29First Community Bankshares, Inc. Announces Third Quarter 2025 Results and Quarterly Cash Dividend
GlobeNewswire
First Community Bankshares, Inc. Announces Third Quarter 2025 Results and Quarterly Cash Dividend
BLUEFIELD, Va., Oct. 28, 2025 (GLOBE NEWSWIRE) -- First Community Bankshares, Inc. (NASDAQ: FCBC) (www.firstcommunitybank.com) (the “Company”) today reported its unaudited results of operations and other financial information for the quarter ended September 30, 2025. The Company reported net income of $12.27 million, or $0.67 per diluted common share, for the quarter ended September 30, 2025. Net income for the nine months ended September 30, 2025, was $36.33 million or $1.97 per diluted common share. The Company also declared a quarterly cash dividend to common shareholders of thirty-one cents, $0.31, per common share. The quarterly dividend is payable to common shareholders of record on November 14, 2025, and is expected to be paid on November 28, 2025. This year marks the 40th consecutive year of regular dividends to common shareholders and the prior year was the 15th consecutive year of regular dividend increases. Third Quarter 2025 Highlights Income Statement Net income of $12.27 million for the third quarter of 2025, was a decrease of $768 thousand, or 5.89%, from the same quarter of 2024. Net income of $36.33 million for the first nine months of 2025, was a decrease of $2.24 million, or 5.80%, from the same period of 2024. When adjusted for merger and non-recurring expenses, net income of $12.90 million was an increase of $495 thousand, or 4.00% from the third quarter of 2024. Net interest margin for the third quarter of 2025 remained strong at 4.43% and was an increase of 2 basis points over the same quarter of 2024. The yield on earning assets decreased 10 basis points, or 1.94%, from the same period of 2024 and is primarily attributable to a decrease in average loan balance and interest income. The average balance of loans decreased $116.18 million, or 4.73%, with interest income decreasing $1.30 million, or 4.05%. The decrease in interest income on loans was somewhat offset by an increase in interest income on interest-bearing deposits with banks of $144 thousand, or 3.89%. Interest expense on interest-bearing liabilities decreased $896 thousand, which is primarily attributable to a decrease in the average balance of time deposits of $31.42 million, or 12.82%, as well as a decrease in total interest expense of $896 thousand, or 16.91%. Tax equivalent net interest income decreased $293 thousand, or 0.92%, compared to the same quarter of 2024. Net i...
Investor releaseQuarter not tagged2025-08-03First Community Bankshares Second Quarter 2025 Earnings: Beats Expectations
Simply Wall St.
First Community Bankshares Second Quarter 2025 Earnings: Beats Expectations
Revenue: US$41.3m (flat on 2Q 2024). Net income: US$12.2m (down 3.5% from 2Q 2024). Profit margin: 30% (down from 31% in 2Q 2024). EPS: US$0.67 (down from US$0.69 in 2Q 2024). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 3.1%. Looking ahead, revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Banks industry in the US. Performance of the American Banks industry. The company's shares are down 8.8% from a week ago. What about risks? Every company has them, and we've spotted 1 warning sign for First Community Bankshares you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Investor releaseQuarter not tagged2025-07-23First Community Bankshares, Inc. Announces Second Quarter 2025 Results and Quarterly Cash Dividend
GlobeNewswire
First Community Bankshares, Inc. Announces Second Quarter 2025 Results and Quarterly Cash Dividend
BLUEFIELD, Va., July 22, 2025 (GLOBE NEWSWIRE) -- First Community Bankshares, Inc. (NASDAQ: FCBC) (www.firstcommunitybank.com) (the “Company”) today reported its unaudited results of operations and other financial information for the quarter ended June 30, 2025. The Company reported net income of $12.25 million, or $0.67 per diluted common share, for the quarter ended June 30, 2025. Net income for the six months ended June 30, 2025, was $24.06 million or $1.31 per diluted common share. The Company also declared a quarterly cash dividend to common shareholders of thirty-one cents, $0.31, per common share. The quarterly dividend is payable to common shareholders of record on August 8, 2025, and is expected to be paid on August 22, 2025. This year marks the 40th consecutive year of regular dividends to common shareholders and the prior year was the 15th consecutive year of regular dividend increases. During the second quarter of 2025, the Company was named a recipient of the 2024 Raymond James Community Bankers Cup. The award recognizes the superior financial performance of the top 10% of the country's community banks. Second Quarter 2025 Highlights Income Statement Net interest margin for the second quarter of 2025 remained strong at 4.37%. The yield on earning assets decreased 16 basis points from the same period of 2024 and is primarily attributable to a decrease in interest income of $1.40 million. Interest income on loans decreased $2.05 million, which was primarily due to a decrease in the average balance for loans of $134.85 million. Additionally, the yield on loans decreased 6 basis points. The decrease in interest income on loans was somewhat offset by an increase in interest income on interest-bearing deposits with banks of $840 thousand. Interest expense on interest-bearing liabilities decreased $145 thousand, which is primarily attributable to a decrease in average balance, as well as a decrease in yield of 3 basis points. There was a recovery of provision for credit losses for the quarter ending June 30, 2025, of $285 thousand compared to a provision of $144 thousand for the same period of 2024. The decrease is primarily due to a decrease in net charge-offs for the quarter of $553 thousand compared to the same period in 2024 and a reduction in loan balance period over period of $119.99 million. Noninterest income increased approximately $998 thousa...
Investor releaseQuarter not tagged2025-04-24First Community Bankshares First Quarter 2025 Earnings: In Line With Expectations
Simply Wall St.
First Community Bankshares First Quarter 2025 Earnings: In Line With Expectations
Revenue: US$40.2m (flat on 1Q 2024). Net income: US$11.8m (down 8.0% from 1Q 2024). Profit margin: 29% (down from 32% in 1Q 2024). EPS: US$0.65 (down from US$0.69 in 1Q 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 7.1% growth forecast for the Banks industry in the US. Performance of the American Banks industry. The company's shares are up 2.4% from a week ago. We should say that we've discovered 1 warning sign for First Community Bankshares that you should be aware of before investing here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Investor releaseQuarter not tagged2025-04-23First Community Bancshares: Q1 Earnings Snapshot
Associated Press Finance
First Community Bancshares: Q1 Earnings Snapshot
BLUEFIELD, Va. (AP) — BLUEFIELD, Va. (AP) — First Community Bancshares Inc. (FCBC) on Tuesday reported net income of $11.8 million in its first quarter. The bank, based in Bluefield, Virginia, said it had earnings of 64 cents per share. The holding company for First Community Bank posted revenue of $45.4 million in the period. Its revenue net of interest expense was $40.5 million, which beat Street forecasts. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FCBC at https://www.zacks.com/ap/FCBC
Investor releaseQuarter not tagged2025-04-23First Community Bankshares, Inc. Announces First Quarter 2025 Results and Quarterly Cash Dividend
GlobeNewswire
First Community Bankshares, Inc. Announces First Quarter 2025 Results and Quarterly Cash Dividend
BLUEFIELD, Va., April 22, 2025 (GLOBE NEWSWIRE) -- First Community Bankshares, Inc. (NASDAQ: FCBC) (www.firstcommunitybank.com) (the “Company”) today reported its unaudited results of operations and other financial information for the quarter ended March 31, 2025. The Company reported net income of $11.82 million, or $0.64 per diluted common share, for the quarter ended March 31, 2025. The Company also declared a quarterly cash dividend to common shareholders of thirty-one cents, $0.31 per common share. The quarterly dividend is payable to common shareholders of record on May 9, 2025, and is expected to be paid on May 23, 2025. This year marks the 40th consecutive year of regular dividends to common shareholders and the prior year was the 15th consecutive year of regular dividend increases. First Quarter 2025 Highlights Income Statement Net interest margin for the first quarter of 2025 was 4.34%. The yield on earning assets decreased 5 basis points from the same period of 2024 and is primarily attributable to a decrease in interest income of $867 thousand. Interest income for loans and securities available-for-sale decreased $2.74 million and $470 thousand, respectively. The decreases were primarily due to decreases in the average balance for loans and securities available-for-sale of $154.04 million and $89.74 million, respectively. Additionally, the yield on loans decreased 8 basis points. The decrease in interest income on loans and securities available-for-sale was somewhat offset by an increase in interest income on interest-bearing deposits with banks. Interest expense on interest-bearing liabilities increased $472 thousand and is primarily attributable to an increase in yield of 11 basis points. Noninterest income increased approximately $970 thousand, or 10.48%, when compared to the same quarter of 2024. The increase is primarily attributable to an increase in service charges on deposits of $526 thousand, or 15.89%, and an increase in other operating income of $491 thousand, or 35.07%. Noninterest expense increased $1.56 million, or 6.66% when compared to the same period of 2024. The increase is primarily attributable to an increase in salaries and benefits of $754 thousand, or 5.99%. Annualized return on average assets ("ROA") was 1.49% for the first quarter of 2025 compared to 1.60% for the same period of 2024. Annualized return on average common e...

