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FCBC

First Community Bankshares, Inc.

FCBC

First Community Bankshares, Inc. • NASDAQ
$33.42 ▼ -0.39% (-0.13)
Market Cap $612.08 M
52w High $47.02
52w Low $31.21
Dividend Yield 3.31%
P/E 12.47
Volume 26.47K
Outstanding Shares 18.31M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $43.86M ▲ $23.551M ▲ $12.266M ▲ 27.966% ▼ $0.67 $17.224M ▼
Q2-2025 $43.253M ▲ $22.98M ▲ $12.246M ▲ 28.312% ▲ $0.67 ▲ $17.312M ▲
Q1-2025 $42.914M ▼ $22.46M ▲ $11.818M ▼ 27.539% ▼ $0.64 ▼ $16.825M ▼
Q4-2024 $44.464M ▼ $21.802M ▲ $13.04M ▲ 29.327% ▲ $0.71 $18.064M ▼
Q3-2024 $44.883M $21.716M $13.033M 29.038% $0.71 $18.122M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $559.019M ▲ $3.19B ▲ $2.679B ▲ $510.725M ▲
Q2-2025 $117.488M ▼ $3.181B ▼ $2.678B ▼ $502.829M ▲
Q1-2025 $184.281M ▼ $3.226B ▼ $2.729B ▼ $496.417M ▼
Q4-2024 $216.719M ▼ $3.261B ▲ $2.735B ▲ $526.392M ▲
Q3-2024 $257.629M $3.224B $2.704B $520.694M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $12.265M ▲ $18.947M ▲ $23.614M ▼ $-9.913M ▲ $32.648M ▲ $18.513M ▲
Q2-2025 $12.246M ▲ $10.221M ▼ $26.677M ▼ $-56.523M ▼ $-19.625M ▼ $9.978M ▼
Q1-2025 $11.818M ▼ $13.211M ▼ $74.244M ▲ $-50.227M ▼ $37.228M ▼ $12.09M ▼
Q4-2024 $13.04M ▲ $14.918M ▲ $20.464M ▲ $26.734M ▲ $62.116M ▲ $14.765M ▲
Q3-2024 $13.033M $11.437M $-2.789M $-23.187M $-14.539M $10.933M

Five-Year Company Overview

Income Statement

Income Statement Over the past several years, First Community Bankshares has delivered steady, fairly predictable earnings. Revenue has edged up gradually, and profitability has remained solid rather than spectacular. Profit margins have been quite consistent, even as interest rates and the broader banking environment have shifted. Earnings per share have hovered in a relatively narrow range, suggesting a stable core franchise rather than a high‑growth story. Overall, the income statement reflects a conservative community bank that manages to maintain stable profitability across different economic conditions, with limited volatility but also limited explosive growth.

Balance Sheet

Balance Sheet The balance sheet looks conservative and straightforward. Total assets have grown slowly over time, indicating measured expansion rather than aggressive balance‑sheet buildup. Cash balances are modest but stable, consistent with a traditional community bank model that relies on loans and securities rather than large cash reserves. Notably, there is essentially no financial debt, which reduces financial risk and interest burden. Shareholders’ equity has trended upward, pointing to retained earnings and disciplined capital management. Altogether, the balance sheet suggests a well‑capitalized, low‑leverage bank that prioritizes safety and resilience.

Cash Flow

Cash Flow Cash generation appears consistent and healthy. Operating cash flow has been steady, aligning well with the stable earnings profile. Free cash flow is also reliably positive, and the gap between operating cash flow and free cash flow is small, which fits a business that does not require heavy ongoing investment in physical assets. Capital spending is very light, reinforcing that this is a service and relationship‑driven model rather than a capital‑intensive one. Overall, the cash flow picture supports the idea of a bank that can fund operations and growth internally without stretching its resources.

Competitive Edge

Competitive Edge First Community Bankshares competes as a traditional regional community bank with a modern twist. Its long operating history and deep roots in its core markets give it strong local relationships and customer loyalty, which can be difficult for larger national banks to replicate. Local decision‑making and a dense branch network support its reputation as a responsive “hometown” lender, especially for small and mid‑sized businesses. Wealth management, insurance, and specialized commercial lending add differentiation beyond basic checking and savings. Strategic acquisitions have expanded its footprint and capabilities. On the risk side, the bank remains tied to the economic health of a relatively concentrated region and faces ongoing competition from large banks, credit unions, and digital‑only players. Successful integration of acquisitions and prudent credit and interest‑rate management remain important to sustaining its edge.

Innovation and R&D

Innovation and R&D While a bank does not run traditional laboratory R&D, First Community Bankshares is clearly investing in technology and innovation. Its partnership with Jack Henry and the use of the Banno digital platform give it access to modern online and mobile experiences without having to build everything in‑house. Participation in the ICBA ThinkTECH Accelerator shows a willingness to experiment with fintech tools for cybersecurity, marketing, and process automation. The focus on digital account opening, card controls, and business‑oriented online banking demonstrates a push to stay relevant to both consumers and small businesses. At the same time, the bank aims to keep a high‑touch, relationship‑driven feel. Execution risk exists: success depends on smoothly rolling out new tools, training staff, protecting against cyber threats, and ensuring customers actually adopt the digital features. Still, for a community bank of its size, the innovation agenda appears relatively active and forward‑looking.

Summary

First Community Bankshares comes across as a conservative, relationship‑oriented regional bank with a slowly growing, steady earnings base. Its financials point to consistent profitability, a strong capital position, no reliance on debt financing, and reliable cash generation. Competitive strengths lie in deep community ties, local decision‑making, a broadening suite of services (including wealth management and specialized lending), and a credible digital banking platform built via partnerships rather than heavy internal development. Opportunities include further leveraging technology, growing commercial and wealth‑management businesses, and extracting more value from past and future acquisitions. Key uncertainties center on regional economic conditions, credit quality through the cycle, interest‑rate swings, integration of acquired banks, and staying technologically competitive without overspending. Overall, it resembles a steady, risk‑aware community bank that is gradually modernizing while trying to preserve its traditional strengths.

NEWS

October 28, 2025 · 4:20 PM UTC

First Community Bankshares, Inc. Announces Third Quarter 2025 Results and Quarterly Cash Dividend

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