First Community Bancshares, Inc. (Nasdaq:FCBC) serves as a bank holding company that offers an array of banking products and services to retail and commercial clients through its subsidiary, First Community Bank. The company’s core strength is its emphasis on relationship banking, catering to its customers’ specific needs and cultivating long-term relationships with them. With a widespread presence across Virginia, West Virginia, North Carolina, and Tennessee, First Community Bank boasts 48 branches, serving a diverse customer base. The bank has amassed an impressive total asset value of over USD 3.1 billion, further bolstering its reputation as a trusted financial institution.
Comps: Citizens & Northern Corporation (Nasdaq:CZNC), Capital City Bank Group, Inc. (Nasdaq:CCBG)
First Community Bancshares stands out from its competitors with impressive earnings per share, price-to-earnings, and net income metrics. In fact, its EPS of nearly 3 and net income surpass those of its comparable peers. Moreover, the company’s return-on-equity is also higher. Additionally, investors can enjoy a generous yield of 4.34%. With such strong fundamentals, First Community Bancshares presents a compelling investment opportunity.