Robust Financial Performance and Strategic Acquisitions Drive Growth
First Community Bancshares (FCBC) delivered earnings and revenue surprises of 18.33% and 2.94%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
BLUEFIELD, Va., April 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 March 31, 2024. The Company reported net income of $12.85 million, or $0.71 per diluted common share, for the quarter ended March 31, 2024. The Company also declared a quarterly cash dividend to common shareholders of twenty-nine cents $0.29 per commo