First Community Q4 2023 Earnings Report

First Community EPS Results

• Actual EPS: $0.43
• Consensus EPS: $0.37
• Beat/Miss: Beat by +$0.06
• One Year Ago EPS: $0.53

First Community Revenue Results

• Actual Revenue: $23.51 million
• Expected Revenue: $14.93 million
• Beat/Miss: Beat by +$8.58 million
• YoY Revenue Growth: N/A

First Community Announcement Details

• Quarter: Q4 2023
• Date: 1/24/2024
• Time: Before Market Opens
• Conference Call Date: Wednesday, January 24, 2024
• Conference Call Time: 9:00AM ET

First Community (NASDAQ:FCCO) Financial Corp. (NASDAQ: FCCO) is the bank holding company for First Community Bank, a full-service commercial bank headquartered in Bluefield, West Virginia. Through its subsidiary, the company delivers a comprehensive range of financial services to individuals, small businesses and larger commercial clients. Its operations are focused on community banking, with an emphasis on personalized relationship management and local decision-making.

The company’s core offerings include deposit products such as checking and savings accounts, certificates of deposit and money market accounts, as well as consumer and commercial lending solutions. First Community provides residential mortgage lending, home equity lines of credit, agricultural financing, treasury management services and merchant card processing. Digital banking capabilities encompass online account access, bill payment and mobile deposit to support clients’ needs beyond traditional branch hours.

Founded in 1912 as First National Bank of Bluefield, the institution has grown through organic expansion and targeted acquisitions to serve markets across southwestern Virginia, southern West Virginia and northeastern Tennessee. Over more than a century of operations, First Community has maintained its focus on community development, supporting local nonprofits, small businesses and civic initiatives. The company’s branch network and digital platform aim to blend local expertise with modern banking technology.