Monitor upcoming quarters for cost synergies from the Signature Bank acquisition and whether net interest margin expansion can continue to offset elevated merger expenses.
Price Chart
Executive Summary
First Community Corp (FCCO) reported Q1 2026 earnings with diluted EPS of $0.59, missing consensus of $0.73 by 19.2%. Revenue was $23.1M, below the $25.1M estimate. Net interest margin expanded to 3.37%, marking the eighth consecutive quarter of expansion. The results include the full impact of the Signature Bank acquisition, which boosted loan and deposit growth but also increased merger expenses to $1.58M.
Key Financial Metrics
Key Facts
- Diluted EPS of $0.59 missed consensus of $0.73 by 19.2%
- Net interest income of $18.4M was below the $25.1M revenue estimate
- Net interest margin expanded to 3.37%, the eighth consecutive quarter of expansion
- Merger expenses totaled $1.58M, impacting profitability
- Loans grew to $1.549B and deposits to $2.048B, driven by the Signature Bank acquisition
Financial Impact
EPS miss of $0.14 vs consensus, revenue miss of $1.7M
Risk Factors
- Elevated merger expenses of $1.58M are weighing on profitability
- Allowance for credit losses increased to 1.19% from 1.05%, indicating potential credit quality deterioration
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001552781-26-000265 |
| Document: e26215_fcco-8k.htm | 0001552781-26-000265 |
| Document: 0001552781-26-000265-index-headers.html | 0001552781-26-000265 |
| Document: 0001552781-26-000265-index.html | 0001552781-26-000265 |
| Document: 0001552781-26-000265.txt | 0001552781-26-000265 |
| 8-K Data (Synthetic) | 0001552781-26-000265 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 6d ago | 8-K | $32.99 $33.10 | ▲ +0.33% | ▲ +0.86% | $32.92 (−0.21%) |
Oct 21, 2026 6d ago | Press Release | $32.77 $32.99 | ▲ +0.67% | ▲ +1.85% | $32.92 (+0.46%) |
Oct 6, 2026 21d ago | 3 | $32.33 $32.44 | ▲ +0.34% | ▲ +0.76% | $32.92 (+1.82%) |
Oct 6, 2026 21d ago | 3 | $32.33 $32.44 | ▲ +0.34% | ▲ +0.76% | $32.92 (+1.82%) |
Oct 2, 2026 25d ago | 8-K | $32.67 $32.58 | ▼ −0.28% | ▼ −0.95% | $32.92 (+0.77%) |
Oct 1, 2026 26d ago | 8-K | $32.47 $32.67 | ▲ +0.62% | ▼ −0.12% | $32.92 (+1.39%) |
Sep 16, 2026 5w ago | 8-K | $33.60 $33.80 | ▲ +0.60% | ▼ −0.54% | $32.92 (−2.02%) |
Aug 26, 2026 8w ago | Insider Cluster | $33.40 $33.63 | ▲ +0.69% | ▲ +0.92% | $32.92 (−1.44%) |
Aug 19, 2026 9w ago | 8-K | $33.80 $33.96 | ▲ +0.47% | ▲ +1.31% | $32.92 (−2.60%) |
Aug 12, 2026 10w ago | Institutional Cluster | $34.16 $34.58 | ▲ +1.23% | ▲ +0.53% | $32.92 (−3.63%) |
US Market Status
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