First Community Bankshares (FCBC) Scheduled to Post Earnings on Wednesday

First Community Bankshares (NASDAQ:FCBC - Get Free Report) will issue its quarterly earnings data on Wednesday, April 17th.

First Community Bankshares (NASDAQ:FCBC - Get Free Report) last announced its quarterly earnings data on Tuesday, January 23rd. The bank reported $0.79 earnings per share for the quarter, beating analysts' consensus estimates of $0.67 by $0.12. The firm had revenue of $42.53 million during the quarter, compared to analysts' expectations of $41.98 million. First Community Bankshares had a net margin of 27.50% and a return on equity of 11.20%. On average, analysts expect First Community Bankshares to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

First Community Bankshares Price Performance

Shares of FCBC stock traded down $0.16 during trading on Tuesday, reaching $31.58. The company's stock had a trading volume of 28,823 shares, compared to its average volume of 31,869. First Community Bankshares has a 1-year low of $22.55 and a 1-year high of $39.23. The company has a market capitalization of $583.28 million, a price-to-earnings ratio of 11.67 and a beta of 0.52. The stock's 50-day moving average price is $32.90 and its 200 day moving average price is $33.73.

First Community Bankshares Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Friday, February 9th were issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 3.67%. The ex-dividend date was Thursday, February 8th. First Community Bankshares's dividend payout ratio (DPR) is presently 42.65%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC grew its holdings in First Community Bankshares by 114.4% during the 3rd quarter. Tower Research Capital LLC TRC now owns 1,323 shares of the bank's stock worth $43,000 after acquiring an additional 706 shares in the last quarter. Great West Life Assurance Co. Can lifted its position in shares of First Community Bankshares by 254.8% during the 1st quarter. Great West Life Assurance Co. Can now owns 1,788 shares of the bank's stock worth $52,000 after buying an additional 1,284 shares during the last quarter. Red Tortoise LLC lifted its position in shares of First Community Bankshares by 197.1% during the 1st quarter. Red Tortoise LLC now owns 2,234 shares of the bank's stock worth $56,000 after buying an additional 1,482 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new stake in First Community Bankshares in the 4th quarter valued at $88,000. Finally, Wells Fargo & Company MN raised its position in First Community Bankshares by 857.8% in the 4th quarter. Wells Fargo & Company MN now owns 3,563 shares of the bank's stock valued at $121,000 after purchasing an additional 3,191 shares during the last quarter. Institutional investors and hedge funds own 34.95% of the company's stock.

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.