First Community (NASDAQ:FCCO – Get Free Report) announced its earnings results on Wednesday. The bank reported $0.34 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.34, Yahoo Finance reports. The business had revenue of $24.44 million during the quarter, compared to analyst estimates of $14.83 million. First Community had a net margin of 12.32% and a return on equity of 8.69%.
First Community Stock Performance
Shares of FCCO stock opened at $15.95 on Friday. First Community has a 1 year low of $15.40 and a 1 year high of $22.00. The firm has a fifty day moving average price of $16.83 and a 200-day moving average price of $17.92. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.78 and a quick ratio of 0.77. The company has a market cap of $121.70 million, a price-to-earnings ratio of 11.15 and a beta of 0.43.
First Community Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 14th. Stockholders of record on Tuesday, April 30th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.51%. The ex-dividend date is Monday, April 29th. First Community’s payout ratio is 39.16%.
Institutional Investors Weigh In On First Community
Analyst Ratings Changes
A number of brokerages have weighed in on FCCO. StockNews.com upgraded shares of First Community from a “sell” rating to a “hold” rating in a research note on Thursday, January 25th. Raymond James raised shares of First Community from a “market perform” rating to an “outperform” rating and set a $21.00 price objective for the company in a research report on Thursday, January 25th.
View Our Latest Stock Analysis on FCCO
First Community Company Profile
First Community Corporation operates as the bank holding company for First Community Bank that provides various commercial and retail banking products and services to small-to-medium sized businesses, professionals, and individuals. The company operates through Commercial and Retail Banking, Mortgage Banking, and Investment Advisory and Non-Deposit segments.
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