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Dec 31, 2021
First Community Bankshares Q4 2021 Earnings Report
First Community Bankshares reported record full year results and fourth quarter results, and declared a quarterly cash dividend.
Key Takeaways
First Community Bankshares, Inc. reported a net income of $10.56 million, or $0.62 per diluted common share, for the quarter ended December 31, 2021. The company also declared a quarterly cash dividend of $0.27 per common share, an 8% increase over the same quarter last year. Annual net income for 2021 was a record $51.17 million, or $2.94 per diluted common share.
Annual net income for 2021 was $51.17 million, or $2.94 per diluted common share.
Net income for the fourth quarter of 2021 was $10.56 million, or $0.62 per diluted common share.
The company declared a quarterly cash dividend of $0.27 per common share, an 8% increase over the same quarter last year.
During the fourth quarter, the Company repurchased 222,700 common shares for $7.45 million.