First Community Bancshare | 10-Q: FY2025 Q2 Revenue: USD 35.59 M

Revenue: As of FY2025 Q2, the actual value is USD 35.59 M.

EPS: As of FY2025 Q2, the actual value is USD 0.67, beating the estimate of USD 0.65.

EBIT: As of FY2025 Q2, the actual value is USD 15.83 K.

Segment Revenue

• Interest Income: Total interest income for the six months ended June 30, 2025, was $70,557 thousand, compared to $72,818 thousand for the same period in 2024.

Operational Metrics

• Net Income: Net income for the six months ended June 30, 2025, was $24,064 thousand, compared to $25,531 thousand for the same period in 2024.
• Noninterest Income: Total noninterest income for the six months ended June 30, 2025, was $20,569 thousand, compared to $18,601 thousand for the same period in 2024.
• Noninterest Expense: Total noninterest expense for the six months ended June 30, 2025, was $50,399 thousand, compared to $48,283 thousand for the same period in 2024.

Cash Flow

• Net Cash Provided by Operating Activities: For the six months ended June 30, 2025, net cash provided by operating activities was $23,432 thousand, compared to $31,384 thousand for the same period in 2024.
• Net Cash Provided by Investing Activities: For the six months ended June 30, 2025, net cash provided by investing activities was $100,921 thousand, compared to $246,235 thousand for the same period in 2024.
• Net Cash Used in Financing Activities: For the six months ended June 30, 2025, net cash used in financing activities was - $106,750 thousand, compared to - $64,162 thousand for the same period in 2024.

Unique Metrics

• Allowance for Credit Losses: The allowance for credit losses on loans as of June 30, 2025, was $33,020 thousand, compared to $34,825 thousand as of December 31, 2024.

Future Outlook and Strategy

• Core Business Focus: The company continues to focus on managing credit risk and maintaining a strong capital position. It aims to enhance its loan portfolio quality and manage interest rate risk through hedging strategies.
• Non-Core Business: The company is not currently engaged in any significant non-core business activities or divestitures.