First Community Bankshares, Inc. (FCBC) Income Statement Analysis

See more : Maverix Metals Inc. (MMX) Income Statement Analysis – Financial Results

Complete financial analysis of First Community Bankshares, Inc. (FCBC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of First Community Bankshares, Inc., a leading company in the Banks – Regional industry within the Financial Services sector.

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First Community Bankshares, Inc. (FCBC)

Industry: Banks - Regional

Sector: Financial Services

Website: https://www.firstcommunitybank.com

About First Community Bankshares, Inc.

First Community Bankshares, Inc. operates as the financial holding company for First Community Bank that provides various banking products and services. It offers demand deposit accounts, savings and money market accounts, certificates of deposit, and individual retirement arrangements; commercial, consumer, and real estate mortgage loans, as well as lines of credit; various credit and debit cards, and automated teller machine card services; and corporate and personal trust services. The company also provides wealth management services, including trust management, estate administration, and investment advisory services; and investment management services. It serves individuals and businesses across various industries, such as education, government, and health services; coal mining and gas extraction; retail trade; construction; manufacturing; tourism; and transportation. As of December 31, 2021, the company operated 49 branches, including 17 branches in West Virginia, 23 branches in Virginia, 7 branches in North Carolina, and 2 branches in Tennessee. First Community Bankshares, Inc. was founded in 1874 and is headquartered in Bluefield, Virginia.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996
Revenue	137.17M	140.58M	130.45M	132.74M	118.68M	113.43M	113.47M	108.26M	112.58M	115.06M	121.73M	125.80M	109.85M	114.55M	90.05M	98.13M	93.15M	92.97M	95.93M	86.51M	86.37M	81.25M	70.70M	59.07M	54.97M	17.43M	13.62M	11.34M
Cost of Revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	137.17M	140.58M	130.45M	132.74M	118.68M	113.43M	113.47M	108.26M	112.58M	115.06M	121.73M	125.80M	109.85M	114.55M	90.05M	98.13M	93.15M	92.97M	95.93M	86.51M	86.37M	81.25M	70.70M	59.07M	54.97M	17.43M	13.62M	11.34M
Gross Profit Ratio	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	51.40M	48.31M	45.07M	44.43M	37.47M	37.60M	37.23M	41.30M	41.14M	42.39M	42.95M	40.20M	36.11M	37.38M	36.38M	29.88M	25.85M	26.87M	29.48M	26.65M	26.76M	23.27M	19.83M	16.05M	13.13M	12.24M	11.34M	9.58M
Selling & Marketing	3.30M	2.41M	2.08M	1.95M	2.31M	2.01M	2.21M	1.53M	1.31M	1.00M	1.69M	1.42M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	54.70M	50.72M	47.15M	46.38M	39.78M	39.61M	37.23M	41.30M	41.14M	42.39M	42.95M	40.20M	36.11M	37.38M	36.38M	29.88M	25.85M	26.87M	29.48M	26.65M	26.76M	23.27M	19.83M	16.05M	13.13M	12.24M	11.34M	9.58M
Other Expenses	101.53M	-24.37M	-111.07M	-133.01M	-2.38M	-2.18M	-3.52M	-5.47M	-6.38M	-3.98M	-5.60M	-158.80M	2.29M	185.00K	74.37M	-125.01M	-114.58M	-114.63M	-119.70M	-54.06M	-49.16M	-34.74M	-20.58M	-11.62M	-11.23M	27.72M	29.90M	26.46M
Operating Expenses	156.23M	1.30M	-63.92M	-86.63M	37.40M	39.80M	33.71M	35.82M	34.76M	38.41M	37.36M	-118.60M	38.40M	37.57M	110.75M	-95.14M	-88.74M	-87.77M	-90.22M	-27.41M	-22.40M	-11.47M	-750.00K	4.43M	1.90M	39.96M	41.24M	36.04M
Cost & Expenses	156.23M	1.30M	-63.92M	-86.63M	37.40M	39.80M	33.71M	35.82M	34.76M	38.41M	37.36M	-118.60M	38.40M	37.57M	110.75M	-95.14M	-88.74M	-87.77M	-90.22M	-27.41M	-22.40M	-11.47M	-750.00K	4.43M	1.90M	39.96M	41.24M	36.04M
Interest Income	137.17M	114.32M	105.31M	114.04M	94.97M	98.29M	95.31M	94.72M	96.10M	106.11M	109.48M	109.66M	94.18M	103.58M	107.93M	110.77M	127.59M	120.03M	109.51M	96.14M	93.04M	96.20M	92.83M	85.96M	76.49M	81.21M	75.83M	64.94M
Interest Expense	9.48M	1.66M	2.84M	5.46M	5.52M	7.45M	8.09M	9.84M	11.35M	15.29M	17.83M	19.60M	22.15M	29.73M	38.68M	44.93M	59.28M	48.38M	35.88M	26.95M	28.37M	35.01M	42.41M	39.38M	32.25M	38.13M	32.89M	26.93M
Depreciation & Amortization	5.69M	5.60M	5.92M	5.91M	4.45M	3.95M	4.62M	4.70M	1.12M	787.00K	729.00K	804.00K	1.02M	1.03M	1.03M	4.41M	4.28M	4.48M	4.82M	5.54M	5.06M	3.13M	4.09M	3.79M	3.92M	3.43M	1.84M	1.48M
EBITDA	0.00	65.76M	72.45M	52.02M	54.24M	49.07M	46.73M	42.64M	42.70M	47.26M	39.62M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	41.35M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA Ratio	0.00%	47.95%	52.11%	35.83%	42.80%	49.83%	48.31%	48.48%	46.65%	50.67%	47.19%	53.37%	51.66%	56.32%	-24.83%	50.56%	113.28%	100.34%	80.47%	74.72%	79.93%	89.73%	104.73%	113.90%	110.58%	348.91%	416.17%	430.76%
Operating Income	5.65M	65.97M	66.53M	46.11M	49.80M	52.57M	3.50M	3.21M	4.13M	4.36M	5.24M	7.20M	3.89M	3.66M	2.62M	3.00M	4.41M	5.20M	5.72M	59.10M	63.98M	69.78M	69.95M	63.50M	56.87M	57.39M	54.86M	47.38M
Operating Income Ratio	4.12%	46.92%	51.00%	34.74%	41.96%	46.35%	3.09%	2.96%	3.67%	3.79%	4.30%	5.72%	3.54%	3.20%	2.91%	3.05%	4.74%	5.60%	5.96%	68.32%	74.07%	85.88%	98.94%	107.49%	103.46%	329.24%	402.67%	417.70%
Total Other Income/Expenses	56.32M	-13.80M	-14.02M	-16.18M	-8.37M	-17.26M	-13.81M	-15.51M	-23.08M	-29.86M	-24.84M	-7.51M	-3.52M	-1.22M	-68.73M	-31.62M	37.56M	35.22M	10.19M	-5.54M	-28.37M	-35.01M	-42.41M	-39.38M	-32.25M	-38.13M	-32.89M	-26.93M
Income Before Tax	61.97M	60.16M	66.53M	46.11M	49.80M	45.12M	42.11M	37.95M	35.92M	37.81M	34.22M	42.71M	29.60M	29.67M	-66.10M	271.00K	41.97M	40.43M	36.64M	35.81M	35.60M	34.77M	27.54M	24.12M	24.62M	19.27M	21.97M	20.45M
Income Before Tax Ratio	45.18%	42.79%	51.00%	34.74%	41.96%	39.78%	37.12%	35.05%	31.91%	32.87%	28.11%	33.95%	26.95%	25.90%	-73.40%	0.28%	45.05%	43.48%	38.19%	41.39%	41.22%	42.79%	38.95%	40.83%	44.79%	110.52%	161.26%	180.26%
Income Tax Expense	13.95M	13.50M	15.36M	10.19M	10.99M	8.78M	20.63M	12.82M	11.38M	12.32M	10.91M	14.13M	9.57M	7.82M	-27.87M	-2.81M	12.33M	11.48M	10.19M	9.79M	10.37M	10.05M	8.40M	7.05M	7.77M	6.16M	6.88M	6.53M
Net Income	48.02M	46.66M	51.17M	35.93M	38.80M	36.34M	21.49M	25.13M	24.54M	25.49M	23.31M	28.58M	20.03M	21.85M	-38.23M	3.08M	29.63M	28.95M	26.30M	22.36M	25.24M	24.72M	19.13M	17.06M	16.85M	13.10M	15.09M	13.92M
Net Income Ratio	35.01%	33.19%	39.22%	27.06%	32.69%	32.04%	18.94%	23.21%	21.80%	22.15%	19.15%	22.72%	18.23%	19.07%	-42.45%	3.14%	31.81%	31.14%	27.42%	25.85%	29.22%	30.43%	27.07%	28.89%	30.65%	75.15%	110.79%	122.69%
EPS	2.67	2.82	2.95	2.02	2.47	2.19	1.26	1.45	1.32	1.34	1.13	1.44	1.08	1.23	-2.57	0.26	2.64	2.58	2.33	1.99	2.27	2.26	1.75	1.61	1.59	1.23	1.41	1.63
EPS Diluted	2.66	2.82	2.94	2.02	2.46	2.18	1.26	1.45	1.31	1.31	1.11	1.40	1.07	1.23	-2.57	0.25	2.62	2.57	2.32	1.97	2.25	2.25	1.74	1.61	1.58	1.23	1.41	1.63
Weighted Avg Shares Out	18.00M	16.52M	17.34M	17.78M	15.69M	16.59M	17.00M	17.32M	18.53M	18.41M	19.79M	19.13M	17.88M	17.80M	14.87M	11.06M	11.20M	11.20M	11.27M	11.24M	12.42M	10.72M	10.94M	10.57M	10.61M	10.65M	10.68M	8.50M
Weighted Avg Shares Out (Dil)	18.03M	16.56M	17.40M	17.82M	15.76M	16.67M	17.08M	17.37M	18.73M	19.48M	20.96M	20.48M	18.69M	17.82M	14.87M	11.13M	11.29M	11.28M	11.34M	11.35M	12.53M	10.77M	10.98M	10.57M	10.68M	10.65M	10.68M	8.50M

First Community Bankshares, Inc. Announces Fourth Quarter 2023 Results and Quarterly Cash Dividend

January 23, 2024globenewswire.com

BLUEFIELD, Va., Jan. 23, 2024 (GLOBE NEWSWIRE) -- First Community Bankshares, Inc. (NASDAQ: FCBC) (www.firstcommunitybank.com) (the “Company”) today reported its unaudited results of operations and other financial information for the quarter ended December 31, 2023. The Company reported net income...

First Community Bancshares (FCBC) Soars 5.2%: Is Further Upside Left in the Stock?

December 14, 2023zacks.com

First Community Bancshares (FCBC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Best Income Stocks to Buy for November 8th

November 8, 2023zacks.com

FCBC and DELL made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 8, 2023.

First Community Bancshares (FCBC) Tops Q3 Earnings and Revenue Estimates

October 24, 2023zacks.com

First Community Bancshares (FCBC) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.74 per share a year ago.

First Community Bankshares, Inc. Announces Third Quarter 2023 Results and Quarterly Cash Dividend

October 24, 2023globenewswire.com

BLUEFIELD, Va., Oct. 24, 2023 (GLOBE NEWSWIRE) -- First Community Bankshares, Inc. (NASDAQ: FCBC) (www.firstcommunitybank.com) (the “Company”) today reported its unaudited results of operations and other financial information for the quarter ended September 30, 2023. The Company reported net income...

First Community Bancshares (FCBC) Q2 Earnings Lag Estimates

July 25, 2023zacks.com

First Community Bancshares (FCBC) came out with quarterly earnings of $0.70 per share, missing the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.67 per share a year ago.

First Community Bankshares, Inc. Announces Second Quarter 2023 Results and Quarterly Cash Dividend

July 25, 2023globenewswire.com

BLUEFIELD, Va., July 25, 2023 (GLOBE NEWSWIRE) -- First Community Bankshares, Inc. (NASDAQ: FCBC) ( www.firstcommunitybank.com ) (the “Company”) today reported its unaudited results of operations and other financial information for the quarter ended June 30, 2023. The Company reported...