First Community Q3 profit rises on margin expansion

First Community (South Carolina)

22/10/2025 14:09

Overview

First Community Q3 net income up 34.5% yr/yr, flat on linked qtr

Diluted EPS for Q3 rises 34% yr/yr, remains flat from Q2

Company announces $7.5 mln share repurchase plan

Outlook

Company did not provide specific guidance for future quarters or full year

Result Drivers

MARGIN EXPANSION - Net interest margin increased for the sixth consecutive quarter, contributing to higher net interest income

LOAN GROWTH - Total loans increased by $19.3 mln during Q3, reflecting a 6.1% annualized growth rate

DEPOSIT GROWTH - Total deposits increased by $17.1 mln in Q3, with a focus on relationship-based accounts

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
$0.67
Q3 Net Income
$5.19 mln
Q3 Net Interest Margin
3.27%


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for First Community Corp (South Carolina) is $30.00, about 9.2% above its October 21 closing price of $27.25

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nPnbwsVxSa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)