Welcome to our dedicated page for First Cmnty Bankshares Va news (Ticker: FCBC), a resource for investors and traders seeking the latest updates and insights on First Cmnty Bankshares Va stock.
First Community Bankshares, Inc. (NASDAQ: FCBC) is a financial holding company headquartered in Bluefield, Virginia, operating in the commercial banking industry through its wholly owned subsidiary, First Community Bank. This news page aggregates company-issued updates and regulatory-linked announcements so readers can follow how the bank’s financial performance, capital actions, and strategic decisions evolve over time.
News about First Community Bankshares frequently centers on quarterly and annual earnings releases, which detail net income, net interest income, noninterest income, and key performance ratios such as return on average assets and return on average common equity. These releases also discuss trends in loans, deposits, securities, nonperforming assets, and allowance for credit losses, providing insight into the company’s balance sheet and asset quality.
Another recurring theme in FCBC news is capital management. The company regularly announces quarterly cash dividends to common shareholders and has reported a long history of consecutive regular dividend payments. From time to time, it also discloses special cash dividends and share repurchase activity, explaining how these actions align with its capital management plan and philosophy.
Strategic transactions and regulatory milestones are also covered. First Community Bankshares has reported acquisitions, such as the Surrey Bancorp transaction, and has announced an Agreement and Plan of Merger to acquire Hometown Bancshares, Inc., with Union Bank, Inc. to be merged into First Community Bank. Related news includes updates on regulatory approvals, shareholder votes, and expected closing timelines.
Investors, analysts, and other interested readers can use this page to review FCBC’s historical and ongoing public communications, including earnings announcements, dividend declarations, merger-related updates, and other material events disclosed through press releases and SEC-referenced news.
First Community Bankshares (NASDAQ: FCBC) announced a special cash dividend of $1.00 per common share, expected to be payable on or about January 16, 2026 to shareholders of record on or about January 2, 2026. The Board said the payout totals approximately $18.32 million and follows the company’s capital-management policy to return excess earnings to shareholders when capital needs are met.
The company reported it earned approximately $36.33 million in the first three quarters of 2025, from which it paid regular dividends of $17.02 million and repurchased shares for $1.85 million. Management noted special dividends may be declared from time to time but are not necessarily recurring.
First Community Bankshares (NASDAQ: FCBC) reported Q3 2025 net income $12.27M ($0.67 diluted) and YTD net income $36.33M ($1.97 diluted), representing decreases of 5.89% for the quarter and 5.80% year‑to‑date versus 2024.
The board declared a $0.31 quarterly cash dividend payable Nov 28, 2025 (record Nov 14), marking the 40th consecutive year of regular dividends. Net interest margin was 4.43% (up 2 bps YoY). Consolidated assets were $3.19B; loans and deposits declined ~3.5% and 2.25% respectively. Non‑performing assets fell to $16.90M. The company noted merger expense of $787K tied to an anticipated merger with Hometown Bank in Jan 2026.
First Community Bankshares (NASDAQ: FCBC) reported its Q2 2025 financial results, with net income of $12.25 million ($0.67 per diluted share), marking a 3.47% decrease from Q2 2024. For H1 2025, net income was $24.06 million ($1.31 per diluted share).
The company maintained a strong net interest margin of 4.37% and declared a quarterly dividend of $0.31 per share, payable on August 22, 2025. Key metrics include a 1.53% ROA and 9.84% ROE for Q2 2025. Total assets stood at $3.18 billion, with loans decreasing by $62.81 million (2.60%) and deposits declining by $55.88 million (2.08%) from December 2024.
Asset quality remained stable with non-performing loans at 0.79% of total loans, and the company repurchased 50,338 shares during Q2 2025 at a cost of $1.85 million.
First Community Bankshares (NASDAQ: FCBC) has announced the acquisition of Hometown Bancshares in a stock-for-stock transaction valued at approximately $41.5 million. Under the agreement, Hometown shareholders will receive 11.706 shares of FCBC common stock for each Hometown share, equivalent to $472.10 per share.
The merger will expand First Community's presence in West Virginia, bringing its total consolidated assets to approximately $3.6 billion with 60 branch locations across four states. Union Bank, Hometown's subsidiary with $402 million in assets, will be integrated into First Community Bank. The transaction is expected to close in Q1 2026, subject to regulatory approvals and Hometown shareholder approval.
The deal is anticipated to provide high-single digit accretion to earnings per share with minimal dilution to tangible book value per share.
First Community Bankshares (NASDAQ: FCBC) reported Q1 2025 financial results with net income of $11.82 million, or $0.64 per diluted share. The company declared a quarterly dividend of $0.31 per share, payable May 23, 2025, marking its 40th consecutive year of regular dividends.
Key financial metrics include:
- Net interest margin: 4.34%
- ROA: 1.49% (down from 1.60% in Q1 2024)
- ROE: 9.49% (down from 10.18% in Q1 2024)
- Total assets: $3.23 billion
Notable changes include a $33.39 million decrease in loans, $40.19 million reduction in securities available for sale, and $6.77 million decrease in deposits. Book value per share declined to $27.09, primarily due to a special cash dividend of $2.07 per share totaling $37.93 million.
First Community Bankshares (NASDAQ: FCBC) reported Q4 2024 net income of $13.04 million ($0.71 per diluted share), a 10.65% increase from Q4 2023. Full-year 2024 net income reached $51.60 million ($2.80 per diluted share), up 7.46% year-over-year.
The company declared a quarterly dividend of $0.31 per share and a special dividend of $2.07 per share, both payable on February 28, 2025. This marks the 40th consecutive year of regular dividends. Over the past four years, FCBC earned $197.45 million, paying $79.68 million in regular dividends and repurchasing $81.95 million in shares.
Q4 highlights include a 6-basis-point decrease in net interest margin to 4.36%, a $156.21 million decrease in loans, and an increase in non-performing loans ratio to 0.83%. Book value per share increased by $1.53 to $28.73 from year-end 2023.
First Community Bankshares, Inc. (NASDAQ: FCBC) reported its Q3 2024 results and declared a quarterly cash dividend. Key highlights include:
- Net income of $13.03 million, or $0.71 per diluted common share for Q3 2024
- Net income of $38.56 million or $2.09 per diluted common share for the first nine months of 2024
- Quarterly cash dividend of $0.31 per common share declared
- Net interest income decreased $1.75 million compared to Q3 2023
- Net interest margin of 4.41%, a decrease of 10 basis points over Q3 2023
- Noninterest income increased by $830 thousand, or 8.63%, compared to Q3 2023
- Annualized ROA was 1.60% for Q3 and first nine months of 2024
- Loans decreased by $128.19 million, or 4.98%, from December 31, 2023
- Deposits decreased by $63.07 million, or 2.32%
First Community Bankshares, Inc. (NASDAQ: FCBC) reported its Q2 2024 results, with net income of $12.69 million, or $0.71 per diluted common share. For the first six months of 2024, net income was $25.53 million or $1.42 per diluted common share. The company declared a quarterly cash dividend of $0.31 per common share, payable on August 23, 2024.
Key highlights include:
- 29.26% increase in net income compared to Q2 2023
- Decrease in provision for credit losses by 96.49%
- Net interest margin of 4.51%, up 3 basis points from Q2 2023
- Annualized ROA of 1.58% and ROE of 10.02% for Q2 2024
- Total assets of $3.23 billion as of June 30, 2024
- Repurchase of 155,044 common shares during Q2 2024
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