First Community Bankshares, Inc.

NasdaqGS:FCBC Stock Report

Market Cap: US$761.6m

First Community Bankshares Management

Management criteria checks 3/4

First Community Bankshares' CEO is Will Stafford, appointed in Aug 2013, has a tenure of 11.42 years. total yearly compensation is $1.20M, comprised of 39.7% salary and 60.3% bonuses, including company stock and options. directly owns 1.15% of the company’s shares, worth $8.76M. The average tenure of the management team and the board of directors is 11.4 years and 9.4 years respectively.

Key information

Will Stafford

Chief executive officer

US$1.2m

Total compensation

CEO salary percentage39.7%
CEO tenure11.4yrs
CEO ownership1.2%
Management average tenure11.4yrs
Board average tenure9.4yrs

Recent management updates

Recent updates

First Community Bankshares (NASDAQ:FCBC) Is Paying Out A Dividend Of $0.29

Jan 27
First Community Bankshares (NASDAQ:FCBC) Is Paying Out A Dividend Of $0.29

First Community Bankshares (NASDAQ:FCBC) Has Announced A Dividend Of $0.29

Jul 29
First Community Bankshares (NASDAQ:FCBC) Has Announced A Dividend Of $0.29

First Community Bankshares' (NASDAQ:FCBC) Upcoming Dividend Will Be Larger Than Last Year's

Jul 30
First Community Bankshares' (NASDAQ:FCBC) Upcoming Dividend Will Be Larger Than Last Year's

First Community Bancshares Non-GAAP EPS of $0.67, revenue of $36.4M

Jul 26

If You Like EPS Growth Then Check Out First Community Bankshares (NASDAQ:FCBC) Before It's Too Late

Sep 28
If You Like EPS Growth Then Check Out First Community Bankshares (NASDAQ:FCBC) Before It's Too Late

First Community Bankshares' (NASDAQ:FCBC) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 04
First Community Bankshares' (NASDAQ:FCBC) Shareholders Will Receive A Bigger Dividend Than Last Year

Some Shareholders May find It Hard To Increase First Community Bankshares, Inc.'s (NASDAQ:FCBC) CEO Compensation This Year

Apr 21
Some Shareholders May find It Hard To Increase First Community Bankshares, Inc.'s (NASDAQ:FCBC) CEO Compensation This Year

You Have To Love First Community Bankshares, Inc.'s (NASDAQ:FCBC) Dividend

Mar 23
You Have To Love First Community Bankshares, Inc.'s (NASDAQ:FCBC) Dividend

What Kind Of Shareholders Hold The Majority In First Community Bankshares, Inc.'s (NASDAQ:FCBC) Shares?

Feb 25
What Kind Of Shareholders Hold The Majority In First Community Bankshares, Inc.'s (NASDAQ:FCBC) Shares?

Why You Might Be Interested In First Community Bankshares, Inc. (NASDAQ:FCBC) For Its Upcoming Dividend

Jan 30
Why You Might Be Interested In First Community Bankshares, Inc. (NASDAQ:FCBC) For Its Upcoming Dividend

Shareholders Of First Community Bankshares (NASDAQ:FCBC) Must Be Happy With Their 55% Return

Jan 07
Shareholders Of First Community Bankshares (NASDAQ:FCBC) Must Be Happy With Their 55% Return

Who Has Been Buying First Community Bankshares, Inc. (NASDAQ:FCBC) Shares?

Dec 12
Who Has Been Buying First Community Bankshares, Inc. (NASDAQ:FCBC) Shares?

First Community Bancshares goes ex-dividend tomorrow

Nov 04

First Community Bancshares: Looks Good Under $19

Oct 28

CEO Compensation Analysis

How has Will Stafford's remuneration changed compared to First Community Bankshares's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$50m

Jun 30 2024n/an/a

US$52m

Mar 31 2024n/an/a

US$49m

Dec 31 2023US$1mUS$477k

US$48m

Sep 30 2023n/an/a

US$49m

Jun 30 2023n/an/a

US$48m

Mar 31 2023n/an/a

US$49m

Dec 31 2022US$970kUS$458k

US$47m

Sep 30 2022n/an/a

US$45m

Jun 30 2022n/an/a

US$44m

Mar 31 2022n/an/a

US$46m

Dec 31 2021US$691kUS$428k

US$51m

Sep 30 2021n/an/a

US$52m

Jun 30 2021n/an/a

US$48m

Mar 31 2021n/an/a

US$43m

Dec 31 2020US$867kUS$420k

US$36m

Sep 30 2020n/an/a

US$34m

Jun 30 2020n/an/a

US$35m

Mar 31 2020n/an/a

US$37m

Dec 31 2019US$827kUS$420k

US$39m

Sep 30 2019n/an/a

US$39m

Jun 30 2019n/an/a

US$38m

Mar 31 2019n/an/a

US$37m

Dec 31 2018US$741kUS$420k

US$36m

Compensation vs Market: Will's total compensation ($USD1.20M) is below average for companies of similar size in the US market ($USD3.24M).

Compensation vs Earnings: Will's compensation has increased by more than 20% in the past year.

CEO

Will Stafford (60 yo)

11.4yrs

Tenure

US$1,200,029

Compensation

Mr. William P. Stafford, II, also known as Will, has been the Chief Executive Officer of First Community Bankshares, Inc., the holding company of First Community Bank since August 31, 2013. Mr. Stafford se...

Leadership Team

NamePositionTenureCompensationOwnership
William Stafford
Chairman & CEO11.4yrsUS$1.20m1.15%
$ 8.8m
Gary Mills
President & Director11.4yrsUS$1.31m0.34%
$ 2.6m
David Brown
Chief Financial Officer18.7yrsUS$687.56k0.10%
$ 772.1k
Jason Belcher
Chief Operating Officer5yrsUS$590.46k0.11%
$ 812.7k
Sarah Harmon
Chief Administrative Officer7yrsUS$522.76k0.034%
$ 258.8k
Derek Bonnett
Chief Risk Officer4yrsno data0.0083%
$ 63.1k
P. Bundy
Treasurer12yrsno datano data

11.4yrs

Average Tenure

49yo

Average Age

Experienced Management: FCBC's management team is seasoned and experienced (11.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
William Stafford
Chairman & CEO31yrsUS$1.20m1.15%
$ 8.8m
Gary Mills
President & Director8.4yrsUS$1.31m0.34%
$ 2.6m
Samuel Elmore
Vice Chairman & Lead Independent Director11.4yrsUS$248.78k0.098%
$ 746.9k
C. Davis
Independent Director9.4yrsUS$73.04k0.097%
$ 739.3k
Frank Tinder
Director of First Community Bank NAno datano datano data
Richard Johnson
Independent Director16.3yrsUS$109.16k0.32%
$ 2.4m
James Atkinson
Director of First Community Bank NAno datano datano data
Samuel Campbell
Director of First Community Bank NAno datano datano data
Richard Jarrell
Director of First Community Bank NAno datano datano data
Michael Sarver
Independent Director9.4yrsUS$105.82k0.63%
$ 4.8m
Harriet Price
Independent Director4yrsUS$80.79k0.0027%
$ 20.8k
Beth Taylor
Independent Director3yrsUS$78.78k0.16%
$ 1.2m

9.4yrs

Average Tenure

68yo

Average Age

Experienced Board: FCBC's board of directors are considered experienced (9.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 03:48
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

First Community Bankshares, Inc. is covered by 8 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Cary MorrisBB&T Capital Markets
Allan BachDavenport & Company
David BishopHovde Group, LLC