First Community Bankshares

First Community Bankshares (FCBC) Q1 2026 Earnings

Reported Apr 28, 2026 at 4:02 PM ET · SEC Source

Q1 26 EPS

$0.73

BEAT +1.39%

Est. $0.72

Q1 26 Revenue

$44.8M

BEAT +1.25%

Est. $44.2M

vs S&P Since Q1 26

-0.6%

TRAILING MARKET

FCBC +4.0% vs S&P +4.7%

Market Reaction

Did FCBC Beat Earnings? Q1 2026 Results

First Community Bankshares delivered a clean beat to open 2026, posting adjusted earnings of $0.73 per diluted share against the $0.72 consensus estimate, a 1.39% beat that extended the Virginia-based bank's streak of topping analyst expectations to … Read more First Community Bankshares delivered a clean beat to open 2026, posting adjusted earnings of $0.73 per diluted share against the $0.72 consensus estimate, a 1.39% beat that extended the Virginia-based bank's streak of topping analyst expectations to four consecutive quarters. Revenue came in at $44.75 million, ahead of the $44.20 consensus by 1.25% and up 4.3% from the year-ago period. The quarter's defining event was the January 23 closing of the Hometown Bancshares acquisition, which folded in $393.81 million in total assets and $357.72 million in deposits while expanding the company's branch network to 61 locations across four states. That transaction helped push net interest income up 9.89% to $33.29 million, with the net interest margin holding firm at 4.37%. For investors focused on income, the company continues to carry appeal as a high-yield dividend stock, having declared its regular quarterly payout of $0.31 per share alongside the results.

Key Takeaways

  • Net interest margin remained strong at 4.37%, up 3 basis points year-over-year
  • Average earning assets increased $263.04 million, or 9.26%, contributing $2.67 million in additional interest income
  • Yield of interest-bearing deposits declined 19 basis points, reducing interest expense by $393 thousand
  • Noninterest income increased approximately $1.23 million, or 12.00%, driven by other service charges and fees
  • Completion of Hometown Bancshares acquisition added $393.81 million in assets
  • Net interest rate spread increased 11 basis points to 4.05%
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FCBC YoY Financials

Q1 2026 vs Q1 2025, source: SEC Filings

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FCBC Revenue by Segment

With YoY comparisons, source: SEC Filings

Q2 25 Q1 26