First Community: Q1 Earnings Snapshot
By AP News
Published - Apr 17, 2024, 09:12 AM ET
Last Updated - Apr 17, 2024, 09:12 AM EDT
LEXINGTON, S.C. (AP) — LEXINGTON, S.C. (AP) — First Community Corp. (FCCO) on Wednesday reported first-quarter net income of $2.6 million.
The Lexington, South Carolina-based bank said it had earnings of 34 cents per share.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 34 cents per share.
The holding company for First Community Bank posted revenue of $24.4 million in the period. Its revenue net of interest expense was $15.3 million, which topped Street forecasts. Three analysts surveyed by Zacks expected $14.8 million.
