Rikhav Securities Open Offer: Lakhani Group Announces Acquisition of 26% Stake - scanx.trade
Rikhav Securities
Apr 29, 2026

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First Community Bankshares has completed the acquisition of Hometown Bancshares, a banking business in Virginia, for $13.83 million. First Community Bankshares acquires Hometown Bancshares to expand its community banking footprint and strengthen financial services M&A capabilities in VA acquisitions. Hometown Bancshares operates as a bank holding company with deposit and lending relationships that support net interest income growth and recurring noninterest revenue. The add on acquisition is part of First Community Bankshares acquisitions executed as a strategic acquisition, with the deal closing in January 2026 and total consideration reported across multiple figures within the $10M–$25M range.
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