First Community Bankshares (NASDAQ:FCBC – Get Rating) issued its quarterly earnings results on Tuesday. The bank reported $0.78 EPS for the quarter, hitting the consensus estimate of $0.78, Yahoo Finance reports. First Community Bankshares had a net margin of 30.49% and a return on equity of 10.32%. The firm had revenue of $40.17 million for the quarter, compared to analysts’ expectations of $38.70 million.
First Community Bankshares Trading Down 0.6 %
Shares of First Community Bankshares stock traded down $0.21 during trading on Wednesday, hitting $32.71. 14,237 shares of the stock were exchanged, compared to its average volume of 19,464. The stock has a market capitalization of $536.77 million, a price-to-earnings ratio of 12.30 and a beta of 0.54. The company has a fifty day moving average price of $35.11 and a 200-day moving average price of $33.78. First Community Bankshares has a 1-year low of $26.51 and a 1-year high of $39.39.
Wall Street Analysts Forecast Growth
Several equities research analysts have commented on the stock. Piper Sandler reissued an “underweight” rating and set a $37.00 price target on shares of First Community Bankshares in a research report on Monday, December 5th. StockNews.com began coverage on shares of First Community Bankshares in a research report on Wednesday, October 12th. They set a “hold” rating on the stock.
Institutional Inflows and Outflows
First Community Bankshares Company Profile
First Community Bankshares, Inc operates as the financial holding company for First Community Bank that provides various banking products and services. It offers demand deposit accounts, savings and money market accounts, certificates of deposit, and individual retirement arrangements; commercial, consumer, and real estate mortgage loans, as well as lines of credit; various credit and debit cards, and automated teller machine card services; and corporate and personal trust services.
- Get a free copy of the StockNews.com research report on First Community Bankshares (FCBC)
- Pliant Therapeutics Gaps 34% Higher: More Upside To Come?
- How Will Early 2023 Layoffs Affect These 5 Biotech Stocks?
- Is the Pain Over for Baudax Bio Investors after a 70% Spike?
- Will Rocket Lab’s First U.S. Launch Send Stock Into Stratosphere?
- When Will Crane Holdings Take Flight?
Receive News & Ratings for First Community Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Community Bankshares and related companies with MarketBeat.com's FREE daily email newsletter.