First Community Bankshares (NASDAQ:FCBC) Issues Quarterly Earnings Results

First Community Bankshares (NASDAQ:FCBC - Get Free Report) released its quarterly earnings results on Tuesday. The bank reported $0.64 earnings per share for the quarter, missing analysts' consensus estimates of $0.65 by ($0.01), Zacks reports. First Community Bankshares had a net margin of 27.81% and a return on equity of 10.35%. The firm had revenue of $40.53 million for the quarter, compared to analysts' expectations of $40.50 million.

First Community Bankshares Trading Down 1.7 %

Shares of NASDAQ:FCBC traded down $0.65 on Friday, reaching $37.60. 21,486 shares of the company traded hands, compared to its average volume of 36,554. The stock has a market capitalization of $689.10 million, a P/E ratio of 13.24 and a beta of 0.52. The business's 50-day simple moving average is $38.66 and its 200 day simple moving average is $41.82. First Community Bankshares has a 52 week low of $32.63 and a 52 week high of $49.02.

First Community Bankshares Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Friday, May 9th will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 3.30%. The ex-dividend date is Friday, May 9th. First Community Bankshares's dividend payout ratio is presently 43.66%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut First Community Bankshares from a "hold" rating to a "sell" rating in a report on Tuesday, April 8th.

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