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BLUEFIELD, Va. (AP) _ First Community Bancshares Inc. (FCBC) on Monday reported first-quarter net income of $7.9 million.
The Bluefield, Virginia-based bank said it had earnings of 44 cents per share. Earnings, adjusted for non-recurring costs, came to 50 cents per share.
The holding company for First Community Bank posted revenue of $37.1 million in the period. Its revenue net of interest expense was $35.2 million, beating Street forecasts.
First Community Bancshares shares have decreased 32% since the beginning of the year. In the final minutes of trading on Monday, shares hit $21.20, a decrease of 38% in the last 12 months.
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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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