earnings
confidence high
sentiment positive
materiality 0.75
First Community Corp Q1 net income $5.5M (+37.6% YoY); EPS $0.59; $0.16 dividend
FIRST COMMUNITY CORP /SC/
- Net income $5.498M, +37.6% YoY; diluted EPS $0.59, +15.7% YoY. Excluding merger expenses, net income $6.754M (+69% YoY), EPS $0.72.
- Total deposits $2.048B (+$298.7M QoQ including $229.8M from Signature Bank acquisition); loans $1.549B (+$238.1M including $195.5M from acquisition).
- Net interest margin (tax-equiv) 3.37%, +5 bps QoQ, eighth consecutive quarter of expansion. Key credit metrics strong: NCOs $5k, NPAs 0.04%.
- Cash dividend $0.16/share declared, payable May 19, 2026 to holders of record May 5, 2026. 97th consecutive quarterly dividend.
- Investment advisory revenue $2.271M; AUM $1.130B at quarter end vs $1.170B at Dec 31, 2025.