Recent Updates — FCBC
July 21, 2026View Source ↗
First Community Bankshares, Inc. reported record second quarter 2026 net income of $22.51 million, or $1.19 per diluted common share, an 83.84% increase over the $12.25 million reported in Q2 2025. Results were significantly boosted by a $10.39 million pre-tax gain from the sale of its stake in Bearing Insurance. The company reported consolidated assets of $3.61 billion as of June 30, 2026, and noted that growth was supported by the recent acquisition of Hometown Bancshares. The company declared a quarterly cash dividend of $0.33 per share, representing a 6.45% increase over the previous quarter. The company is a financial holding company that provides banking products and services through its subsidiary, First Community Bank.