First Community Bank - M&A Summary and Business Overview

Financial ServicesCompany

First Community Bank M&A Summary

First Community Bank has acquired 2 companies, including 1 in the last 5 years. It has also divested 1 asset.

First Community Bank has acquired in 1 US state. The Company’s most targeted sectors include financial services (50%) and insurance (50%).

First Community Bank Business Overview

Where is First Community Bank headquartered?

First Community Bank is headquartered in Bluefield, Virginia.

What is First Community Bank’s revenue?

First Community Bank disclosed revenue of 156M USD for 2023 and 141M USD for 2022.

How many employees does First Community Bank have?

First Community Bank has 596 employees.

What sector is First Community Bank in?

First Community Bank is a financial services company.

When was First Community Bank founded?

First Community Bank was founded in 1874.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity2
    • M&A Sell Activity1
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1
  • M&A Advisors 2

First Community Bank

First Community Bancshares, Inc.

One Community Place,
Bluefield, Virginia 24605
United States,
(276) 326-9000
www.firstcommunitybank.com

First Community Bank is a comprehensive banking and financial services company with 45 financial centers located in West Virginia, Virginia, North Carolina and Tennessee (as People’s Community Bank). First Community Bank was incorporated in 1874 and is based in Bluefield, Virginia.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 1 - - 1 - - 2
Sell (0.0/yr) # 1 - - - - - 1
  3

Most Recent M&A

Company Date Value Type
Surrey Bancorp. 2022-11-18 - Merger
Mount Airy, North Carolina · www.surreybank.com
Greenpoint Insurance Group, Inc. 2016-10-04 - Divestiture
High Point, North Carolina · www.greenpointins.com
Greenpoint Insurance Group, Inc. 2007-09-28 - Add-on Acquisition
High Point, North Carolina · www.greenpointins.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 1 (50%) - 1 (100%) -
Financial Services 1 (50%) - - -
Total 2 - 1 -

By Geo

State/Country Buy Value Sell Value
United States 2 - 1 -
  North Carolina 2 - 1 -
Total 2 - 1 -

Top M&A Advisors

Financial Deals
Performance Trust Capital Partners LLC
1
Legal Deals
Bowles Rice
1

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

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