First Community Bancshares Gains Federal Approval for Merger

First Community Bancshares (FCBC) has received federal approval from the Federal Reserve Bank of Richmond for its merger with Union Bank, a subsidiary of Hometown Bancshares, announced on July 19, 2025. The merger still awaits approval from the Virginia State Corporation Commission and Hometown’s shareholders. An amendment to the proxy statement corrected a valuation error. Analysts rate FCBC stock as a Hold with a $36.00 price target, while TipRanks’ AI Analyst suggests a Neutral outlook due to bearish momentum despite a strong financial foundation and high dividend yield.

First Community Bancshares (NASDAQ:FCBC) Announces Quarterly Earnings Results

First Community Bancshares (NASDAQ:FCBC) reported quarterly earnings of $0.70 per share, exceeding analysts' expectations of $0.63. The bank achieved a net margin of 27.07% and a return on equity of 9.68%. Following the announcement, FCBC stock rose by 1.1% to $33.32. Institutional investors have increased their stakes in the bank, with hedge funds owning 34.95% of the stock. Analysts maintain a "hold" rating on FCBC, with one research analyst suggesting it may not be the best investment compared to other stocks.

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

First Community Bankshares, Inc. Announces Third Quarter 2025 Results and Quarterly Cash Dividend | FCBC Stock News

First Community Bankshares, Inc. reported its Q3 2025 results, showing a net income of $12.27 million, down 5.89% from Q3 2024. The company declared a quarterly cash dividend of $0.31 per share, marking 40 consecutive years of dividends. Total assets were $3.19 billion, with a decrease in loans and deposits. The annualized return on average assets was 1.53%, and return on average common equity was 9.58%. The company is preparing for a merger with Hometown Bank, expected to complete in January 2026.

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