First Community Bankshares

First Community Bankshares (FCBC) Q2 2025 Earnings

Reported Jul 22, 2025 at 4:05 PM ET · SEC Source

Q2 25 EPS

$0.67

BEAT +3.08%

Est. $0.65

Q2 25 Revenue

$41.0M

BEAT +0.98%

Est. $40.6M

vs S&P Since Q2 25

+0.1%

BEATING MARKET

FCBC +17.5% vs S&P +17.4%

Market Reaction

Did FCBC Beat Earnings? Q2 2025 Results

First Community Bankshares posted a modest but clean beat in the second quarter of 2025, reporting earnings of $0.67 per diluted share against a consensus estimate of $0.65, a 3.08% positive surprise, while revenue of $41.00 million edged past the $4… Read more First Community Bankshares posted a modest but clean beat in the second quarter of 2025, reporting earnings of $0.67 per diluted share against a consensus estimate of $0.65, a 3.08% positive surprise, while revenue of $41.00 million edged past the $40.60 million forecast by 0.98%. The results came despite a 6.2% year-over-year revenue decline, as net income slipped to $12.25 million from $12.69 million a year ago, pressured by net interest margin compression to 4.37% from 4.51% in Q2 2024 and a $2.05 million drop in loan interest income tied to a $134.85 million reduction in average loan balances. Partially offsetting those headwinds, noninterest income climbed 10.68% to $10.34 million on stronger service charges, and credit quality improved meaningfully, with net charge-offs falling to $472,000 from $1.02 million a year earlier and a $285,000 provision recovery replacing the prior-year charge. Total assets stood at $3.18 billion at quarter end, with book value per share at $27.46.

Key Takeaways

  • Net interest margin remained at 4.37% despite 16 basis point decline in yield on earning assets
  • Noninterest income increased 10.68% year-over-year driven by service charges on deposits
  • Recovery of provision for credit losses of $285 thousand versus provision of $144 thousand in prior year
  • Net charge-offs decreased significantly to $472 thousand from $1.03 million year-over-year
  • Declining nonperforming assets trend since September 2024
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FCBC YoY Financials

Q2 2025 vs Q2 2024, source: SEC Filings

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FCBC Revenue by Segment

With YoY comparisons, source: SEC Filings

Q2 25 Q1 26