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Mar 31, 2021
First Community Bankshares Q1 2021 Earnings Report
Reported strong financial results for the first quarter of 2021, driven by loan growth and improved efficiency.
Key Takeaways
First Community Bankshares reported a strong first quarter in 2021, with significant growth in net income, earnings per share, and total assets. The bank benefited from loan growth and improved efficiency.
Net income increased to $11.2 million, or $0.53 per diluted share.
Non-GAAP net income totaled $11.2 million, or $0.53 per diluted share.
Total assets grew to $3.19 billion.
The efficiency ratio improved to 61.88%.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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