| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 0.22 | 0.0% |
| Total Income | 0.22 | 0.0% |
| Expenditure | -5.71 | 15.1% |
| PBT | 5.94 | 14.7% |
| Net Profit | 5.50 | 37.5% |
| OPM | — | |
| NPM | 100.00% | 0.00pp |
| EPS | 0.60 | 15.4% |
First Community Corporation Announces Q1 2026 Results and Cash Dividend
23 Apr 2026 · 23 Apr, 1:35 am
Summary
First Community Corporation announced its first quarter 2026 results, reporting a net income of $5.498 million and diluted earnings per share of $0.59. These figures represent increases compared to the previous year. The quarter's results include the impact of the Signature Bank acquisition, which closed on January 8, 2026. The Board of Directors approved a cash dividend of $0.16 per common share for the first quarter of 2026.
Key Highlights
- 1
First Community Corporation reported net income of $5.498 million for the first quarter of 2026, an increase of 37.6% year-over-year.
- 2
Diluted EPS increased by 15.7% year-over-year to $0.59 per common share for Q1 2026.
- 3
Total deposits reached $2.048 billion at March 31, 2026, with a growth of $298.7 million during the quarter.
- 4
Total loans were $1.549 billion at March 31, 2026, reflecting a growth of $238.1 million during the quarter.
- 5
The company's net interest margin was 3.37%, representing an expansion of five basis points compared to the fourth quarter of 2025.
- 6
A cash dividend of $0.16 per common share was declared, marking the 97th consecutive quarter of cash dividends paid to common shareholders.
- 7
Tangible book value per share increased to $19.88 at March 31, 2026, from $17.56 at March 31, 2025.
Management Comments
Mike Crapps
The entire board is pleased that our performance enables the company to continue its cash dividend for the 97th consecutive quarter.”
Informational and educational content only. Not investment advice.