First Community Bankshares Announces Quarterly Earnings and Dividend Declaration

First Community Bankshares, Inc. (NASDAQ:FCBC) disclosed its financial results for the third quarter of 2024 in a press release on October 22, 2024. The company reported a quarterly cash dividend to common shareholders, amounting to $0.31 per common share. The dividend is scheduled to be paid around November 22, 2024, to shareholders of record as of November 8, 2024. The full details of the earnings release can be found in Exhibit 99.1 attached to the report.

In addition to the financial disclosures, First Community Bankshares highlighted that the enclosed report contains forward-looking statements. These predictions are subject to risks, uncertainties, and assumptions. The company emphasized that if any risks or uncertainties materialize or if underlying assumptions are proven incorrect, actual results could differ substantially.

The risks outlined by First Community Bankshares include changes in business conditions, timely product and service development, management of asset/liability levels, credit risk, interest rate risk, expense growth management, and revenue growth. The company commits to providing detailed updates on these risks in its Securities and Exchange Commission reports, including its Form 10-K for the most recent fiscal year.

First Community Bankshares disclosed in its report that it will not undertake to update forward-looking statements to reflect events occurring after the initial statements were made. The company advised stakeholders to consider the outlined risks and uncertainties while analyzing the disclosed financial information.

Given the financial and dividend declarations, investors and shareholders await further updates from First Community Bankshares as the company navigates through the identified risks and market conditions to maintain its financial stability and growth.

The information contained in this Current Report on Form 8-K provides insight into the recent financial performance of First Community Bankshares, Inc. As the company moves forward, stakeholders will likely monitor these developments closely to gauge the impact on their investments and the broader financial landscape.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read First Community Bankshares’s 8K filing here.

First Community Bankshares Company Profile

First Community Bankshares, Inc operates as the financial holding company for First Community Bank that provides various banking products and services. It offers demand deposit accounts, savings and money market accounts, certificates of deposit, and individual retirement plans; and commercial, consumer real estate, and consumer and other loans.