First Community (FCCO) Announces Quarterly Earnings Results

First Community (NASDAQ:FCCO) announced its earnings results on Wednesday. The bank reported $0.35 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by ($0.02), MarketWatch Earnings reports. First Community had a return on equity of 9.99% and a net margin of 18.52%.

NASDAQ FCCO opened at $19.50 on Thursday. The company has a quick ratio of 0.76, a current ratio of 0.77 and a debt-to-equity ratio of 0.18. First Community has a one year low of $18.54 and a one year high of $26.25. The company has a market capitalization of $146.11 million, a PE ratio of 17.89 and a beta of 0.87.

Several research analysts have recently commented on the stock. Zacks Investment Research raised shares of First Community from a “sell” rating to a “hold” rating in a research note on Tuesday, December 18th. ValuEngine lowered shares of First Community from a “hold” rating to a “sell” rating in a research note on Thursday, January 10th.

In other news, EVP David K. Proctor sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 8th. The shares were sold at an average price of $22.60, for a total value of $67,800.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 7.38% of the company’s stock.

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First Community Company Profile

First Community Corporation operates as the bank holding company for First Community Bank which offers various commercial and retail banking products and services to small-to-medium sized businesses, professional concerns, and individuals. The company operates through four segments: Commercial and Retail Banking, Mortgage Banking, Investment Advisory and Non-Deposit, and Corporate.

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Earnings History for First Community (NASDAQ:FCCO)

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