Free Trial

First Community Bancshares (NASDAQ:FCBC) Issues Earnings Results

First Community Bancshares logo with Finance background

First Community Bancshares (NASDAQ:FCBC - Get Free Report) issued its quarterly earnings results on Tuesday. The bank reported $0.67 EPS for the quarter, beating analysts' consensus estimates of $0.65 by $0.02, Zacks reports. First Community Bancshares had a return on equity of 10.09% and a net margin of 27.24%.

First Community Bancshares Stock Down 0.4%

Shares of FCBC stock traded down $0.15 during trading hours on Tuesday, reaching $40.63. The company's stock had a trading volume of 35,727 shares, compared to its average volume of 40,868. First Community Bancshares has a fifty-two week low of $33.88 and a fifty-two week high of $49.02. The company has a market capitalization of $742.68 million, a price-to-earnings ratio of 14.67 and a beta of 0.60. The firm's 50 day simple moving average is $39.03 and its 200-day simple moving average is $39.55.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered First Community Bancshares from a "hold" rating to a "sell" rating in a research note on Saturday, May 24th.

View Our Latest Analysis on FCBC

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in First Community Bancshares by 4.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,124 shares of the bank's stock worth $382,000 after purchasing an additional 474 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of First Community Bancshares by 87.3% in the 1st quarter. AQR Capital Management LLC now owns 18,145 shares of the bank's stock valued at $684,000 after purchasing an additional 8,457 shares during the period. Finally, Jane Street Group LLC bought a new stake in shares of First Community Bancshares during the 1st quarter valued at about $976,000. 34.95% of the stock is currently owned by institutional investors.

About First Community Bancshares

(Get Free Report)

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 plans; and commercial, consumer real estate, and consumer and other loans.

Featured Articles

Earnings History for First Community Bancshares (NASDAQ:FCBC)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in First Community Bancshares Right Now?

Before you consider First Community Bancshares, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Community Bancshares wasn't on the list.

While First Community Bancshares currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

AI Stocks Are Printing Money — These 3 Are Just Getting Started
Why Drone Stocks Are Skyrocketing Right Now!
Pelosi Makes Big Bet on Broadcom—Here’s Why It Matters

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines