FIRST COMMUNITY BANKSHARES INC /VA/ 2Q 2026: Revenue $61.95M, EPS $1.19— 10-Q Summary

FIRST COMMUNITY BANKSHARES INC /VA/ reported strong second-quarter 2026 results, with combined net interest and noninterest income of about $61.95M and diluted EPS of $1.19, driving net income of $22.51M for the quarter versus $12.25M a year ago.

Financial Highlights

• Revenue: Combined net interest income and noninterest income ≈ $61.95M for Q2 2026, up from $45.70M in Q2 2025; YoY change 35.6%.
• Net income: $22.51M for Q2 2026, compared with $12.25M in Q2 2025; YoY change 83.8%. Six months: $34.54M vs. $24.06M (+43.5% YoY).
• Diluted EPS: $1.19 for Q2 2026, versus $0.67 in Q2 2025; YoY change 77.6%. Six months diluted EPS $1.82 vs. $1.31 (+38.9% YoY).

Business Highlights

• Non-recurring items and core income: Year-over-year net income improvement was driven in part by a $10.38M non-recurring gain alongside core net interest income growth, supporting operating profitability.
• Branch and wealth channels: The 61-branch network and trust/wealth management business expanded assets under management to $1.83B, bolstering fee revenue and deposit sourcing.
• Acquisition and footprint expansion: Completed the Hometown merger on Jan. 23, 2026, expanding presence in West Virginia and increasing loan and deposit capacity.
• Loan and asset growth: Loan production accelerated with Q2 originations up about 70% year over year and average earning assets rising roughly 13%, reflecting stronger commercial origination activity.
• Costs and integration: Management reduced funding costs while investing in staffing and integration activities; merger expenses and higher salaries increased operating costs to support growth.

Original SEC Filing: FIRST COMMUNITY BANKSHARES INC /VA/ [ FCBC ] - 10-Q - Aug. 07, 2026