FIRST COMMUNITY BANKSHARES INC /VA/ (FCBC) Form 8-K — Oct 27, 2026
First Community Bankshares (NASDAQ: FCBC) reported record third quarter 2026 results, with net income of $15.42 million, or $0.81 per diluted share, up 25.74% from $12.27 million a year earlier. Nine-month net income reached a record $49.96 million, surpassing the previous nine-month record of $40.61 million set in 2021. Net interest margin expanded 3 basis points to 4.46%, aided by the Hometown Bancshares acquisition completed in Q1 2026 and lower funding costs, while asset quality improved with non-performing loans falling to 0.64% of loans. Results included a $10.38 million gain on the sale of its Bearing Insurance stake; adjusted diluted EPS was $0.78.
Key figures
- Eps
- 0.81
- Net Income
- 15423000
- Revenue Yoy
- 14.72% increase in tax-equivalent net interest income
- Total Assets
- 3633679000
- Cash Position
- 502348000
- Shares Outstanding
- 18916116
- Roa
- 1.69%
- Roe
- 11.23%
- Total deposits
- 3028884000
- Dividend per share
- 0.33
- Net interest margin
- 4.46%
- Book value per share
- 28.83
- Net charge off ratio
- 0.11%
- Adjusted net income q3
- 14737000
- Net income nine months
- 49963000
- Adjusted diluted eps q3
- 0.78
- Diluted eps nine months
- 2.63
- Loans held for investment
- 2477419000
- Nonperforming loans ratio
- 0.64%
AI analysis
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