FCBC
FIRST COMMUNITY BANKSHARES INC /VA/
Next earnings Jul 20, 2026 · consensus $0.78 EPS, $47.5M rev
Last earnings +0.9% on 2026-04-28
$45.15
▲ +1.87%$45.15▲ +24.10%
over 1Y
L $30.03EODHDH $45.15
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+1.9%
1W+2.9%
1M+6.2%
3M+10.4%
YTD+43.0%
1Y+24.1%
Hold
Conviction
Horizon
Medium (3–12mo)
12-mo target
$•••
Street · 6 analysts
Sell
Steady Appalachian community bank at a fair 16.7x P/E — own for the dividend, but EPS is drifting lower and the Hometown deal adds integration risk.
Diluted EPS $2.65 · FY2025
The read
Middling fundamentals and a rich price (~50% above fair value) leave little margin of safety — a wait-and-see.
FCBC is a small, well-capitalized community bank serving West Virginia, Virginia, North Carolina and Tennessee, with $3.26B in assets and a 9.7% ROE for FY2025. The numbers paint a picture of stability rather than growth: net income of $48.8M is down 5.4% YoY and actually below the $51.2M earned back in FY2021, with diluted EPS of $2.65 also off 5.4%. Operating cash flow held up at $62.7M (+8.7%), and capex of just $2.74M against D&A of $3.74M confirms this is a mature, capital-light franchise — not a compounder. Liabilities/equity of 5.51x is typical for a community bank and well within norms, but stockholders' equity actually shrank 4.9% and retained earnings fell 8.6% as dividends paid ballooned to $60.6M (+175.2%) — the bank is now distributing more than it earned, which is unsustainable if margins compress further.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Net income | $51.2M | $46.7M | $48.0M | $51.6M | $48.8M |
| Diluted EPS | $2.94 | $2.82 | $2.72 | $2.80 | $2.65 |
| Net margin | — | — | — | — | — |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value—
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF14.4
PEG (trailing)—
Earnings yield5.7%
FCF yield7.0%
Quality & risk
ROIC (est.)—
Free cash flow$60.0M
Total debt$75.0M
Net cash$142M
Piotroski F-Score4/6
Capital returns
Buyback yield0.2%
Dividend yield (est.)7.0%
Shareholder yield7.3%
Shares Δ YoY+4.1%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRecent disclosure tone has skewed negative — read the flagged items.
- 10-Q Quarterly report2026-05-08
Q1 2026 10-Q: first period consolidating Hometown; balance sheet expanded
- 8-K Other event2026-05-01
Routine Item 8.01 other-event disclosure; likely quarterly dividend declaration
- 8-K Shareholder vote2026-04-29
Annual meeting vote results: directors and routine proposals approved
- 8-K Earnings results2026-04-28
Q1 2026 earnings release — first quarter including Hometown acquisition
- DEF 14A Proxy statement2026-03-11
2026 proxy: director slate, comp and auditor ratification
- 10-K Annual report2026-03-06
FY25 EPS $2.65 (-5.4%); dividends paid jumped 175% to $60.6M; equity -4.9%
- 8-K Earnings results2026-01-27
Q4 2025 earnings released; FY net income $48.8M, down 5.4% YoY
- 8-K Other event2026-01-26
Closed Hometown Bancshares acquisition (8 WV branches via Union Bank)
- 8-K Other event2025-12-31
Year-end other-event disclosure ahead of Hometown deal close
Recent filings
all on EDGAR ↗4/APeriod ending 2026-05-272026-06-02open ↗4/APeriod ending 2026-05-272026-06-02open ↗4/APeriod ending 2026-05-272026-06-02open ↗4/APeriod ending 2026-05-272026-06-02open ↗4/APeriod ending 2026-05-272026-06-02open ↗4/APeriod ending 2026-05-272026-06-02open ↗4Period ending 2026-05-282026-05-29open ↗4Period ending 2026-05-282026-05-29open ↗4Period ending 2026-05-282026-05-29open ↗4Period ending 2026-05-272026-05-29open ↗4Period ending 2026-05-272026-05-29open ↗4Period ending 2026-05-272026-05-29open ↗
Frequently asked
- Is FIRST COMMUNITY BANKSHARES INC /VA/ (FCBC) a buy?
- FCBC currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. Steady Appalachian community bank at a fair 16.7x P/E — own for the dividend, but EPS is drifting lower and the Hometown deal adds integration risk.
- What is FCBC's fair value?
- A Modified-Graham model based on FCBC's SEC fundamentals estimates a fair value of about $22.53. It is an estimate from reported earnings, not a price target.
- Is FCBC overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, FCBC currently appears overvalued relative to its SEC-grounded earnings power.
- What is FIRST COMMUNITY BANKSHARES INC /VA/'s quality score?
- FCBC scores 64.52941176470588/100 (grade C+) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0000859070, latest 10-Q filed 2026-05-08) · EODHD · analysis by claude-code · as of 6/25/2026, 2:52:51 PM.
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