First Community Bancshares declines after missing Q1 profit expectation
First Community Bancshares, Inc. (Nasdaq:FCBC) are down more than 5% after the Bluefield, Va.-based regional bank announced that its first-quarter earnings declined 11% to $6.3 million, or $0.57 per share, versus $7.1 million, or $0.63 per share, a year ago. Wall Street analysts anticipated earnings of $0.63 per share.
In Wednesday afternoon trading, FCBC shares are down 5.67%, or $2.07, at $34.43. For detailed price information and recent news stories about First Community Bancshares, click FCBC.
About the Author
Reporter Will Atkinson is based in SmallCapInvestor.com's Washington, D.C. bureau.
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