First Community Bankshares reports record Q2 net income of $22.51 million
First Community Bankshares reported record second-quarter 2026 net income of $22.51 million, or $1.19 per diluted share, up from $12.25 million a year earlier. The filing says the result includes a $10.39 million pre-tax gain from selling the company's stake in Bearing Insurance, and adjusted net income for the quarter was $14.38 million, up 17.47%. The company also declared a quarterly cash dividend of $0.33 per share, payable August 21, 2026.
Key points
- Q2 2026 net income was a record $22.51 million, or $1.19 per diluted share, versus $12.25 million in Q2 2025.
- Adjusted net income excluding non-recurring items was $14.38 million, up 17.47% from the same quarter of 2025.
- Quarterly cash dividend of $0.33 per share, up $0.02 from the prior quarter, payable August 21, 2026 to holders of record August 7, 2026.
- Non-performing assets fell to $17.15 million at June 30, 2026, from $19.11 million a year earlier.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 21, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.