First Community Bancshares: Q4 Earnings Snapshot

Associated Press Finance
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BLUEFIELD, Va. (AP) — BLUEFIELD, Va. (AP) — First Community Bancshares Inc. (FCBC) on Tuesday reported net income of $11.8 million in its fourth quarter.

The bank, based in Bluefield, Virginia, said it had earnings of 66 cents per share. Earnings, adjusted for one-time gains and costs, came to 79 cents per share.

The holding company for First Community Bank posted revenue of $46.5 million in the period. Its revenue net of interest expense was $42.5 million, which beat Street forecasts.

For the year, the company reported profit of $48 million, or $2.72 per share. Revenue was reported as $165.1 million.

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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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