AP NEWS

First Community Bancshares: 4Q Earnings Snapshot

January 23, 2019

BLUEFIELD, Va. (AP) _ First Community Bancshares Inc. (FCBC) on Wednesday reported fourth-quarter profit of $9.3 million.

The Bluefield, Virginia-based bank said it had earnings of 57 cents per share. Earnings, adjusted for one-time gains and costs, were 58 cents per share.

The holding company for First Community Bank posted revenue of $31.7 million in the period. Its revenue net of interest expense was $30.2 million, which topped Street forecasts.

For the year, the company reported profit of $36.3 million, or $2.18 per share. Revenue was reported as $117.3 million.

First Community Bancshares shares have increased slightly more than 7 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $33.82, an increase of 14 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FCBC at https://www.zacks.com/ap/FCBC

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