First Community Bankshares declares a special cash dividend of $1.00 per share, totaling approximately $18.32 million.
Quiver AI Summary
First Community Bankshares, Inc. announced a special cash dividend of $1.00 per common share, reflecting its strong capital management strategy. The company's Board of Directors determined that, following the payment of this special dividend, they would still maintain sufficient surplus capital to support future growth and needs. In the first three quarters of 2025, the company earned approximately $36.33 million, paid regular dividends totaling $17.02 million, and repurchased shares for $1.85 million. The special dividend, amounting to about $18.32 million, will be payable around January 16, 2026, to shareholders on record by January 2, 2026. The company has returned significant capital to shareholders over the years, with total earnings of approximately $452 million since July 2013.
Potential Positives
- The declaration of a special cash dividend of $1.00 per common share demonstrates the company's strong financial performance and commitment to returning value to shareholders.
- The company showcases effective capital management by balancing the return of excess earnings to shareholders while maintaining sufficient capital for growth opportunities.
- First Community Bankshares' ability to declare a special dividend indicates healthy earnings, evidenced by approximately $36.33 million earned in the first three quarters of 2025.
Potential Negatives
- The announcement of a special cash dividend may indicate that the company does not have sufficient reinvestment opportunities for growth, potentially signaling a lack of viable projects or investments.
- The declaration of a special dividend may raise concerns among investors about the sustainability of future earnings and capital management strategies, especially if they perceive that the company is prioritizing short-term shareholder returns over long-term growth.
- Paying a substantial special dividend could limit the company's available capital for future investments or initiatives, which might hinder growth prospects or operational flexibility.
FAQ
What is the special cash dividend declared by First Community Bankshares?
First Community Bankshares declared a special cash dividend of $1.00 per common share for its shareholders.
When will the special cash dividend be paid?
The special cash dividend is expected to be payable on or about January 16, 2026.
Who is eligible to receive the special cash dividend?
Shareholders of record on or about January 2, 2026, will be eligible to receive the special cash dividend.
How does the company determine its dividend policy?
The company’s capital management plan directs earnings to be returned to shareholders when not needed for growth or other capital uses.
What has been the company's performance regarding dividends and share repurchases?
Since July 1, 2013, the company paid regular dividends of $192 million, special dividends of $46 million, and repurchased shares worth $234 million.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$FCBC Insider Trading Activity
$FCBC insiders have traded $FCBC stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $FCBC stock by insiders over the last 6 months:
- DAVID D BROWN (Chief Financial Officer) purchased 150 shares for an estimated $5,400
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$FCBC Revenue
$FCBC had revenues of $42.2M in Q3 2025. This is an increase of 0.33% from the same period in the prior year.
You can track FCBC financials on Quiver Quantitative's FCBC stock page.
$FCBC Hedge Fund Activity
We have seen 59 institutional investors add shares of $FCBC stock to their portfolio, and 59 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. removed 47,545 shares (-3.2%) from their portfolio in Q3 2025, for an estimated $1,654,565
- TWO SIGMA INVESTMENTS, LP added 39,241 shares (+inf%) to their portfolio in Q3 2025, for an estimated $1,365,586
- AQR CAPITAL MANAGEMENT LLC added 35,196 shares (+234.4%) to their portfolio in Q3 2025, for an estimated $1,224,820
- VANGUARD GROUP INC added 33,184 shares (+3.3%) to their portfolio in Q3 2025, for an estimated $1,154,803
- RENAISSANCE TECHNOLOGIES LLC removed 25,147 shares (-33.6%) from their portfolio in Q3 2025, for an estimated $875,115
- GOLDMAN SACHS GROUP INC added 23,659 shares (+116.5%) to their portfolio in Q3 2025, for an estimated $823,333
- MARSHALL WACE, LLP added 20,805 shares (+206.8%) to their portfolio in Q3 2025, for an estimated $724,013
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
BLUEFIELD, Va., Dec. 16, 2025 (GLOBE NEWSWIRE) -- First Community Bankshares, Inc. (NASDAQ: FCBC) ( www.firstcommunitybank.com ) (the “Company”) today reported its Board of Directors declared a special cash dividend to common shareholders of $1.00 per common share.
The Company’s capital management plan and philosophy require the maintenance of a strong capital base from which to grow and serve customers. If current earnings are not needed to increase the capital base to fund growth in core operations or other uses, the capital management plan directs those earnings be returned to shareholders through regular cash dividends and/or stock repurchases. To the extent current earnings exceed those capital uses, the Company may declare special dividends from time to time. The Company earned approximately $36.33 million in the first three quarters of 2025, from which it paid regular dividends of $17.02 million, and repurchased shares for $1.85 million.
The Board of Directors determined that the Company will have sufficient surplus capital to support anticipated growth opportunities and other needs after payment of the special dividend totaling approximately $18.32 million. This special cash dividend is expected to be payable on or about January 16, 2026, to shareholders of record on or about January 2, 2026, and may not be indicative of special cash dividend activity in the future.
Since July 1, 2013, the Company earned approximately $452 million, from which it paid regular dividends of $192 million, special dividends of $46 million, and repurchased 9.38 million shares for $234 million.
FOR MORE INFORMATION, CONTACT:
David D. Brown
(276) 326-9000
