First Community: Q2 Earnings Snapshot

July 20, 2022 GMT

LEXINGTON, S.C. (AP) _ First Community Corp. (FCCO) on Wednesday reported second-quarter profit of $3.1 million.

The bank, based in Lexington, South Carolina, said it had earnings of 41 cents per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.

The holding company for First Community Bank posted revenue of $14.5 million in the period. Its revenue net of interest expense was $14.1 million, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $14.4 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FCCO at https://www.zacks.com/ap/FCCO