FCBC Research | Milton Maxwell

FCBC

First Community Bankshares, Inc.

35.18

-0.15-0.43%

Dec 16, 4:00:01 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

644.32M

P/E (TTM)

13.13

Basic EPS (TTM)

2.68

Dividend Yield

0.04%

Recent Filings

8-K

12/16/25Dec 16, 2025

8-K

12/4/25Dec 4, 2025

8-K

Fed approves Hometown merger

11/12/25Nov 12, 2025

First Community Bankshares secured Federal Reserve Bank of Richmond approval on November 6, 2025, for its merger with Hometown Bancshares and the bank merger, following a no-objection from West Virginia regulators. A proxy statement error was corrected, clarifying a rival bidder valued Hometown lower than First Community's offer. Hometown's board reaffirms its recommendation. Deal awaits Virginia approval and shareholder vote on December 2.

10-Q

Q3 FY2025 results

11/7/25Nov 7, 2025

First Community Bankshares held net interest income steady at $31.3M for Q3 ended September 30, 2025, down just 0.9% y/y despite 4.7% lower average loans, while deposit costs fell 16.9% y/y on shrinking time balances. Net income dipped 5.9% y/y to $12.3M ($0.67 diluted EPS), pressured by $1.2M higher salaries and $0.8M merger costs for the pending Hometown deal, yet noninterest income rose 4.2% on stronger fees. Loans shrank 3.5% q/q to $2.33B with nonperformers down 17%, provision near zero. Cash swelled to $428M; equity covers FHLB draws. Non-GAAP metrics not disclosed in the 10-Q. Steady through the noise.

8-K

Q3 earnings dip, dividend steady

10/28/25Oct 28, 2025

First Community Bankshares posted Q3 2025 net income of $12.27 million, down 5.9% from last year amid merger costs for the pending Hometown Bank deal set for January 2026. Net interest margin held firm at 4.43%, while nonperforming assets fell to $16.90 million. Declared $0.31 quarterly dividend, payable November 28. Adjusted earnings rose 4%.

About

First Community Bankshares, Inc. operates as the financial holding company for First Community Bank that provides various banking products and services. It offers demand deposit accounts, savings and money market accounts, certificates of deposit, and individual retirement plans; and commercial, consumer real estate, and consumer and other loans. The company also provides trust management, estate administration, and investment advisory services. It serves individuals and businesses across various industries, such as education, government, and health services; retail trade; construction; manufacturing; tourism; coal mining and gas extraction; and transportation. The company operates through branches in West Virginia, Virginia, North Carolina, and Tennessee. First Community Bankshares, Inc. was founded in 1874 and is headquartered in Bluefield, Virginia.

CEO

Mr. William P. Stafford II

IPO

4/8/1994

Website

https://www.firstcommunitybank.com

Employees

586

Sector

Financial Services

Industry

Banks - Regional