earnings
confidence high
sentiment positive
materiality 0.75
First Community Bankshares reports record Q2 net income $22.51M; dividend raised to $0.33
FIRST COMMUNITY BANKSHARES INC /VA/
- Net income of $22.51M ($1.19 diluted EPS) vs $12.25M in Q2 2025, up 83.84%.
- Quarterly dividend increased 6.45% to $0.33 per share, payable Aug 21 to holders of record Aug 7.
- Pre-tax gain of $10.39M on sale of Bearing Insurance stake boosted noninterest income.
- Net interest margin stable at 4.38%; ROA 2.49% and ROE 16.90% for Q2 2026.
- Adjusted net income (excl. non-recurring items) was $14.38M, up 17.47% YoY.