First Community Q3 Net Income Up 55% to $8.04M; Dividend Raised to $0.17
FCCO sits 26% above its 52-week low of $25.92.
Summary
First Community earned $8.04 million in Q3, up 55% year-over-year, on a tenth consecutive quarter of margin expansion, and declared a $0.17 quarterly dividend payable November 17.
Key Events · Earnings and Guidance · FCCO
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Q3 Net Income Jumps 55%
Net income of $8.044 million versus $5.192 million a year ago; diluted EPS $0.85 versus $0.67. Excluding after-tax merger expenses, EPS was $0.86.
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Margin Expands for Tenth Straight Quarter
Tax-equivalent net interest margin rose 8 basis points to 3.59% as loan yield reached 6.08% and cost of deposits held at 1.76%.
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$0.17 Quarterly Dividend Declared
Payable November 17, 2026 to shareholders of record November 3, 2026 — the 99th consecutive quarterly cash dividend.
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Capital Ratios Strengthen
Tangible common equity to tangible assets rose to 8.50% from 7.47% at December 31, 2025; equity to assets reached 9.74%.
Analysis · FCCO · Finance
Third-quarter net income of $8.044 million rose 54.9% year-over-year and 5.9% from Q2, with diluted EPS of $0.85 versus $0.67 a year ago. The core driver is durable: net interest margin expanded 8 basis points to 3.59%, the tenth straight quarter of improvement, as loan yields rose to 6.08% while deposit costs held flat at 1.76%. Capital strengthened materially — tangible common equity to tangible assets climbed to 8.50% from 7.47% at year-end — and credit remains clean at 0.04% non-performing assets. The board declared a $0.17 quarterly dividend, the 99th consecutive payout, payable November 17 to holders of record November 3. The one soft spot is mortgage banking income, down to $614 thousand from $934 thousand a year ago on lower gain-on-sale margins.
How filings like this one have moved
In the 30 days to Oct 22, 2026, 29.4% of the 1563 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.47%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, FCCO was trading at $32.77 on NASDAQ in the Finance sector, with a market capitalization of approximately $308M. The 52-week trading range was $25.92 to $35.74. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.