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First Community Bancshares shareholders approve Hometown merger plan

Story Highlights
  • Hometown shareholders approved merging into First Community after key 2025 votes.
  • Merger closing is expected in early 2026, with share exchange, special dividend and tax steps outlined.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
First Community Bancshares shareholders approve Hometown merger plan

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The latest update is out from First Community Bancshares ( (FCBC) ).

On December 18, 2025, Hometown Bancshares, Inc. informed its shareholders that they had overwhelmingly approved the merger of Hometown with and into First Community Bankshares, Inc., following an affirmative vote held on December 2, 2025, and prior Federal Reserve approval on November 6, 2025. The companies indicated that the merger remains subject to approval by the Virginia Bureau of Financial Institutions and other customary closing conditions, with closing targeted for January 23, 2026 and expected in the first quarter of 2026; Hometown shareholders were advised about forthcoming instructions to exchange their Hometown shares for First Community stock, the payment of a special dividend in January 2026 in lieu of Hometown’s regular quarterly dividend, and the filing of a short-year 2026 tax return, after which tax basis information for shareholders will be provided.

The most recent analyst rating on (FCBC) stock is a Buy with a $37.00 price target. To see the full list of analyst forecasts on First Community Bancshares stock, see the FCBC Stock Forecast page.

Spark’s Take on FCBC Stock

According to Spark, TipRanks’ AI Analyst, FCBC is a Outperform.

First Community Bancshares receives a solid score due to its strong financial performance and attractive valuation. The company’s robust balance sheet and high dividend yield are significant strengths. However, technical indicators suggest caution due to bearish trends, and the recent decline in revenue growth needs addressing.

To see Spark’s full report on FCBC stock, click here.

More about First Community Bancshares

First Community Bankshares, Inc. operates as a regional banking company, providing community banking services through its subsidiary banks, with a focus on serving local customers and shareholders in its markets.

Average Trading Volume: 42,701

Technical Sentiment Signal: Buy

Current Market Cap: $644.3M

For an in-depth examination of FCBC stock, go to TipRanks’ Overview page.

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