First Community Bankshares reports Q3 2023 net income of $14.6M, EPS $0.79; NIM expands 50bps to 4.51%

FIRST COMMUNITY BANKSHARES INC /VA/

2023-Q3 EPS reported $2.06

Net income $14.64M ($0.79 diluted EPS) vs $13.35M in Q3 2022, up 9.7% YoY.
Net interest margin 4.51%, up 50bps YoY; net interest income increased $4.01M.
Loan portfolio up 8.05% from Dec 2022 ($193.3M), but ex-Surrey transaction down 1.91%.
Deposits increased 2.51% from Dec 2022; ex-Surrey transaction down 12.55%.
Declared $0.29/share quarterly dividend (payable Nov 24, record Nov 10); new 2.7M share buyback program through Dec 2026.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

FIRST COMMUNITY BANKSHARES INC /VA/ reported the quarter ended September 30, 2023 results: net income $ 14.64 million, EPS $ 0.79 per diluted common share.

Period: the quarter ended September 30, 2023
Net income: $ 14.64 million
EPS: $ 0.79 per diluted common share
Result: reported results

Exact text from the filing

The Company reported net income of $ 14.64 million, or $ 0.79 per diluted common share, for the quarter ended September 30, 2023 .

View on SEC.gov

Browse all earnings releases →

FIRST COMMUNITY BANKSHARES INC /VA/ filing history →

Source: SEC EDGAR

accession 0001437749-23-028851

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.