First Community Bankshares (NASDAQ:FCBC) Announces Earnings Results, Misses Expectations By $0.01 EPS

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

First Community Bankshares Trading Down 1.7 %

NASDAQ FCBC traded down $0.65 on Friday, reaching $37.60. The company's stock had a trading volume of 21,486 shares, compared to its average volume of 36,554. First Community Bankshares has a 52 week low of $32.63 and a 52 week high of $49.02. The firm has a market cap of $689.10 million, a PE ratio of 13.24 and a beta of 0.52. The business has a 50-day moving average price of $38.66 and a 200 day moving average price of $41.82.

First Community Bankshares Announces Dividend

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

Analysts Set New Price Targets

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

About First Community Bankshares

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.