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First Community Bancshares: Q2 Earnings Snapshot

First Community Bancshares: Q2 Earnings Snapshot

By AP News
Published - Jul 23, 2024, 04:11 PM ET
Last Updated - Jul 23, 2024, 04:11 PM EDT

BLUEFIELD, Va. (AP) — BLUEFIELD, Va. (AP) — First Community Bancshares Inc. (FCBC) on Tuesday reported net income of $12.7 million in its second quarter.

The bank, based in Bluefield, Virginia, said it had earnings of 71 cents per share. Earnings, adjusted for non-recurring costs, were 79 cents per share.

The holding company for First Community Bank posted revenue of $46.1 million in the period. Its revenue net of interest expense was $41.3 million, surpassing Street forecasts.

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