First Community Bancshare | 8-K: FY2025 Q3 Revenue: USD 46.59 M

Revenue: As of FY2025 Q3, the actual value is USD 46.59 M.

EPS: As of FY2025 Q3, the actual value is USD 0.67, beating the estimate of USD 0.63.

EBIT: As of FY2025 Q3, the actual value is USD -15.39 M.

Dividend Announcement

• First Community Bankshares, Inc. announced a quarterly cash dividend of $0.31 per common share, payable on or about November 28, 2025, to shareholders of record on November 14, 2025.

Net Income

• Net income for the third quarter of 2025 was $12.27 million, a decrease of $768 thousand or 5.89% from the same quarter of 2024. For the first nine months of 2025, net income was $36.33 million, a decrease of $2.24 million or 5.80% from the same period of 2024.

Net Interest Income

• Net interest income after provision for loan losses increased by $1.06 million or 3.52% compared to the same quarter of 2024.

Noninterest Income and Expense

• Noninterest income increased by approximately $437 thousand or 4.18% compared to the same quarter of 2024, driven by an increase in service charges on deposits and wealth management fees, despite a decrease in other operating income.
• Noninterest expense increased by $2.10 million or 8.69% compared to the same period of 2024, primarily due to increases in salaries and benefits, service fees, and merger expenses related to the forthcoming merger with Hometown Bank.

Return on Assets and Equity

• Annualized return on average assets (ROA) for the third quarter of 2025 was 1.53%, compared to 1.60% for the same period of 2024. Return on average common equity (ROE) was 9.58% for the third quarter of 2025, compared to 10.04% for the same period of 2024.

Balance Sheet Highlights

• Consolidated assets totaled $3.19 billion as of September 30, 2025. Loan balances decreased by $84.78 million or 3.51% from December 31, 2024. Deposits decreased by $60.65 million or 2.25%.

Asset Quality

• Total non-performing assets as of September 30, 2025, were $16.90 million, compared to $20.54 million as of December 31, 2024. Non-performing loans to total loans decreased to 0.71%, a 0.11% reduction compared to the same quarter of 2024.

Outlook / Guidance

• The company anticipates completing its merger with Hometown Bank by January 2026. The report includes forward-looking statements that are subject to risks and uncertainties, which could cause actual results to differ materially from expectations.