FCBC

MKT CAP:$813M

First Community Bankshares, Inc.

Market Cap

$813M

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$43.18+$11.13 (+34.73%)

Apr 23, 2026

Company Details

First Community Bankshares, Inc. operates as the financial holding company for First Community Bank that provides various banking products and services. It offers demand deposit accounts, savings and money market accounts, certificates of d...

CEO

William Stafford

IPO Date

Apr 8, 1994

Website

www.firstcommunitybank.com

Key Metrics TTM

Revenue

$173M

-1.4% YoY

Net Income

$49M

EPS (Diluted)

$2.66

Free Cash Flow

$58M

Revenue / Share

$9.43

Gross Margin

89.6%

Operating Margin

36.4%

Net Margin

28.1%

FCF Margin

33.7%

P/S

4.7x

P/E

16.7x

Earnings Reports

FY 2025

Mar 6, 2026

$185M+5.4%EPS $2.65

Q4 2025

Mar 6, 2026

$43M-2.3%EPS $0.68

Q3 2025

Nov 7, 2025

$44M-2.3%EPS $0.67

Q2 2025

Aug 1, 2025

$43M-1.0%EPS $0.67

Q1 2025

May 2, 2025

$43M+0.2%EPS $0.64

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$33M	$31M	$12M
Q2 22	$34M	$33M	$15M
Q3 22	$36M	$35M	$17M
Q4 22	$38M	$34M	$16M
Q1 23	$37M	$34M	$15M
Q2 23	$41M	$35M	$13M
Q3 23	$43M	$40M	$19M
Q4 23	$44M	$39M	$15M
Q1 24	$43M	$37M	$16M
Q2 24	$44M	$39M	$16M
Q3 24	$45M	$38M	$17M
Q4 24	$44M	$38M	$16M
Q1 25	$43M	$38M	$15M
Q2 25	$43M	$39M	$16M
Q3 25	$44M	$39M	$16M
Q4 25	$43M	$40M	$16M

Valuation

Quarter	P/S	P/E
Q1 22	3.6x	10.4x
Q2 22	3.6x	11.0x
Q3 22	3.8x	11.8x
Q4 22	3.8x	11.5x
Q1 23	3.1x	9.3x
Q2 23	3.7x	12.0x
Q3 23	3.5x	11.3x
Q4 23	4.0x	13.9x
Q1 24	3.6x	12.5x
Q2 24	3.9x	12.9x
Q3 24	4.5x	15.7x
Q4 24	4.4x	14.9x
Q1 25	3.9x	13.6x
Q2 25	4.1x	14.3x
Q3 25	3.6x	12.8x
Q4 25	3.6x	12.6x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$10M	$10M
Q2 22	$18M	$17M
Q3 22	$13M	$13M
Q4 22	$17M	$17M
Q1 23	$16M	$15M
Q2 23	$12M	$11M
Q3 23	$19M	$19M
Q4 23	$15M	$14M
Q1 24	$17M	$15M
Q2 24	$14M	$14M
Q3 24	$11M	$11M
Q4 24	$15M	$15M
Q1 25	$13M	$12M
Q2 25	$10M	$10M
Q3 25	$19M	$19M
Q4 25	$20M	$18M

Capital Expenditures

Quarter	CapEx
Q1 22	$175.0K
Q2 22	$294.0K
Q3 22	$281.0K
Q4 22	$410.0K
Q1 23	$1M
Q2 23	$919.0K
Q3 23	$321.0K
Q4 23	$518.0K
Q1 24	$2M
Q2 24	$370.0K
Q3 24	$504.0K
Q4 24	$153.0K
Q1 25	$1M
Q2 25	$243.0K
Q3 25	$434.0K
Q4 25	$2M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	-0.2%	+45.8%
Q2 22	+1.3%	+20.1%
Q3 22	+10.3%	+14.3%
Q4 22	+15.6%	+15.9%
Q1 23	+10.3%	+1.8%
Q2 23	+20.7%	+45.2%
Q3 23	+19.2%	+29.1%
Q4 23	+15.5%	+30.5%
Q1 24	+16.6%	+23.6%
Q2 24	+5.6%	-3.5%
Q3 24	+3.5%	+16.1%
Q4 24	+0.6%	-5.1%
Q1 25	+0.2%	+4.9%
Q2 25	-1.0%	-0.2%
Q3 25	-2.3%	-1.5%
Q4 25	-2.3%	-2.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$357.0K	1.1%
Q2 22	$285.0K	0.8%
Q3 22	$309.0K	0.8%
Q4 22	$424.0K	1.1%
Q1 23	$0	0.0%
Q2 23	$312.0K	0.8%
Q3 23	$84.0K	0.2%
Q4 23	$679.0K	1.5%
Q1 24	$84.0K	0.2%
Q2 24	$322.0K	0.7%
Q3 24	$0	0.0%
Q4 24	$632.0K	1.4%
Q1 25	$0	0.0%
Q2 25	$1M	3.1%
Q3 25	$93.0K	0.2%
Q4 25	$76.0K	0.2%

OpEx Breakdown

Quarter	G&A	S&M
Q1 22	$12M	$540.0K
Q2 22	$12M	$577.0K
Q3 22	$12M	$718.0K
Q4 22	$12M	$574.0K
Q1 23	$12M	$643.0K
Q2 23	$13M	$846.0K
Q3 23	$13M	$968.0K
Q4 23	$13M	$843.0K
Q1 24	$13M	$796.0K
Q2 24	$13M	$933.0K
Q3 24	$13M	$967.0K
Q4 24	$14M	$1M
Q1 25	$14M	$1M
Q2 25	$15M	$1M
Q3 25	$15M	$939.0K
Q4 25	$17M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$54M	$269M	$322M
Q2 22	$57M	$288M	$344M
Q3 22	$57M	$300M	$357M
Q4 22	$65M	$300M	$366M
Q1 23	$64M	$308M	$373M
Q2 23	$102M	$314M	$416M
Q3 23	$73M	$275M	$349M
Q4 23	$79M	$281M	$360M
Q1 24	$69M	$166M	$235M
Q2 24	$77M	$130M	$207M
Q3 24	$91M	$167M	$258M
Q4 24	$80M	$136M	$217M
Q1 25	$87M	$97M	$184M
Q2 25	$94M	$23M	$117M
Q3 25	$79M	$105M	$184M
Q4 25	$512M	$133M	$645M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	17M	-1.0%	-4.9%
Q2 22	17M	-1.1%	-4.9%
Q3 22	16M	-1.6%	-5.0%
Q4 22	16M	-0.8%	-4.4%
Q1 23	16M	+0.0%	-3.4%
Q2 23	18M	+13.2%	+10.5%
Q3 23	19M	+2.2%	+14.7%
Q4 23	19M	-1.4%	+14.1%
Q1 24	18M	-0.5%	+13.4%
Q2 24	18M	-0.7%	-0.5%
Q3 24	18M	+0.2%	-2.4%
Q4 24	18M	+0.3%	-0.8%
Q1 25	18M	+0.2%	-0.1%
Q2 25	18M	-0.3%	+0.3%
Q3 25	18M	-0.0%	+0.2%
Q4 25	18M	-0.1%	-0.1%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$55.6K	599
Q2 22	$57.2K	599
Q3 22	$60.7K	599
Q4 22	$62.8K	609
Q1 23	$60.3K	609
Q2 23	$67.9K	609
Q3 23	$71.2K	609
Q4 23	$71.8K	616
Q1 24	$69.5K	616
Q2 24	$70.9K	616
Q3 24	$72.9K	616
Q4 24	$76.4K	582
Q1 25	$73.7K	582
Q2 25	$74.3K	582
Q3 25	$75.4K	582
Q4 25	$69.9K	622

Revenue / Employee