In the Q2, First Community Bankshares Inc's corporate clients experienced a decline by -13.76 % in their costs of revenue, compared to a year ago, sequentially costs of revenue grew by 1.72 %. During the corresponding time, First Community Bankshares Inc recorded a revenue increase by 37.43 % year on year, sequentially revenue grew by 27.85 %. While revenue at the First Community Bankshares Inc's corporate clients recorded rose by 1.73 % year on year, sequentially revenue grew by 19.99 %.
Customers of First Community Bankshares Inc saw their costs of revenue decline by -13.76 % in Q2 compare to a year ago, sequentially costs of revenue grew by 1.72 %, for the same period First Community Bankshares Inc recorded revenue increase by 37.43 % year on year, sequentially revenue grew by 27.85 %.
First Community Bankshares Inc's Comment on Sales, Marketing and Customers
First Community Bankshares, Inc. operates through its wholly owned subsidiary, First Community Bank, a Virginia-chartered banking institution. The bank provides wealth management and investment advisory services via its Trust Division and its wholly owned subsidiary, First Community Wealth Management. After acquiring Hometown Bancshares, Inc., the parent company of Union Bank, Inc., the company now operates 60 branches across Virginia, West Virginia, North Carolina, and Tennessee.
First Community Bankshares Inc’s Comment on Sales, Marketing and Customers
First Community Bankshares, Inc. operates through its wholly owned subsidiary, First Community Bank, a Virginia-chartered banking institution. The bank provides wealth management and investment advisory services via its Trust Division and its wholly owned subsidiary, First Community Wealth Management. After acquiring Hometown Bancshares, Inc., the parent company of Union Bank, Inc., the company now operates 60 branches across Virginia, West Virginia, North Carolina, and Tennessee.
Sources:
First Community Bankshares Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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Focus of this report: First Community Bankshares Inc’s corporate clients.
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