Watch for continued margin expansion and organic loan growth ex-acquisition. The $7.5M buyback authorization provides downside support but has not been utilized. Next catalyst is Q4 earnings in late January 2027.
Price Chart
Executive Summary
First Community Corporation (FCCO) reported Q3 2026 diluted EPS of $0.85, beating the $0.80 consensus by 6.3%, and net income of $8.044M (+54.9% YoY). Net interest margin expanded for the tenth consecutive quarter to 3.59%, and loan growth remained strong at 8.1% annualized. The beat was driven by the Signature Bank of Georgia acquisition and continued margin expansion, though the stock may see limited upside given the small-cap bank profile and lack of raised guidance.
Key Financial Metrics
Key Facts
- Diluted EPS of $0.85 beat consensus of $0.80 by 6.3%
- Net income of $8.044M, up 54.9% YoY and 5.9% linked quarter
- Net interest margin (tax-equivalent) expanded to 3.59%, tenth consecutive quarter of expansion
- Total loans grew $32.1M in Q3, an annualized rate of 8.1%
- Non-performing assets remain very low at 0.04% of total assets
- Cash dividend of $0.17 per share declared, 99th consecutive quarterly dividend
- Share buyback plan of up to $7.5M authorized through May 2027; no shares repurchased in Q3
Financial Impact
EPS beat of $0.05 vs consensus, net income up ~55% YoY
Risk Factors
- Acquisition integration risk for Signature Bank of Georgia
- Potential margin compression if deposit costs rise faster than loan yields
- Elevated AOCL ($22.9M) from rising interest rates could pressure capital ratios
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-prn-302914913 |
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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