First Community Corp (FCCO) Beats Q2 2026 EPS by 21% as Net Income Jumps 46.5%
As seen on the 24/7 Wall St. homepage on July 22, 2026.
First Community Corp delivered a 21% EPS beat on nine straight quarters of net interest margin expansion, with NIM reaching 3.51% as loan yields climbed and deposit costs fell. Net income surged 46.5% year-over-year to $7.59 million, powered by margin gains and sharply lower merger-related expenses following the January acquisition of Signature Bank of Georgia.
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First Community Corp reported Q2 2026 earnings per share of $0.84, clearing the $0.69 consensus estimate by roughly 21%. Net income came in at $7.59 million, a 46.5% jump versus the same quarter a year earlier. Revenue of $25.14 million also edged past the $24.70 million estimate, though the headline story was clearly on the bottom line.
The profit surge was driven by nine consecutive quarters of net interest margin expansion, with NIM reaching 3.51% in Q2 2026 as loan yields moved higher and deposit costs declined. Merger-related expenses also fell sharply following the January acquisition of Signature Bank of Georgia, removing a cost drag that had weighed on prior quarters.
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The EPS beat extends a strong streak for the South Carolina-based community bank. Of the eight quarters shown in the earnings history, six came in above analyst estimates, with Q2 2026 representing the widest beat in that span at 21%. The lone miss in the recent run was Q4 2025, when reported EPS of $0.66 fell just short of the $0.68 estimate.
Mentioned: FCCO