First Community Corp Beats Expectations in Q2 With $5.19M Net Income and 67¢ EPS

SOUTH CAROLINA — First Community Corp, a prominent financial institution based in South Carolina and traded under NASDAQ: FCCO, delivered strong earnings for the second quarter ending June 30, 2025 — beating analyst expectations across the board.

Earnings Jump to 67 Cents Per Share

The company reported adjusted earnings of 67 cents per share, a significant increase from 42 cents per share in the same quarter last year. Analysts covering the stock had forecasted an average EPS of 57 cents, with a range between 55 and 58 cents. The company not only beat these expectations but posted its fourth consecutive quarterly earnings beat.

Revenue Rises Nearly 18 Percent

Quarterly revenue reached $19.53 million, reflecting a 17.6% year-over-year growth. Analysts had projected revenue to come in at $18.90 million, underscoring the company’s better-than-expected operational performance for the quarter.

Net Income Crosses $5 Million

Net income for the quarter totaled $5.19 million, reflecting strong core banking operations and continued demand across its service offerings. This also contributed to a 4.2% increase in share price during the quarter, with the stock up 5.8% year-to-date.

Forecasts Remain Strong, with Analyst Optimism

Wall Street analysts remain bullish on First Community Corp. Over the past three months, the average earnings estimate rose by 4.9%, indicating growing confidence in the company’s fundamentals. However, no new estimate revisions were made in the last 30 days, suggesting stability in outlook.

The median 12-month price target for FCCO is currently set at $30.00, representing a potential 15.3% upside from the last closing price of $25.40.

Analyst Recommendations: “Strong Buy” Across the Board

The stock carries a “strong buy” consensus rating, with all three analysts covering the stock assigning either a “strong buy” or “buy”. There are no “hold” or “sell” ratings, setting FCCO apart within its banking peer group, where the average consensus remains at just “buy.”

Quarterly Earnings Summary

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