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First Community Bankshares expects $10 million pre-tax gain from Bearing sale to BroadStreet

PUBT·05/01/2026 15:52:05
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First Community Bankshares expects $10 million pre-tax gain from Bearing sale to BroadStreet
  • Bearing Insurance Group completed its sale to BroadStreet Partners Group on May 1, 2026.
  • First Community Bankshares held 11 units of Bearing at closing.
  • Transaction expected to generate about $10 million pre-tax gain for First Community Bankshares.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Community Bancshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-014318), on May 01, 2026, and is solely responsible for the information contained therein.