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 (EPS) 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 company had revenue of $40.53 million during the quarter, compared to analysts' expectations of $40.50 million.

First Community Bankshares Price Performance

Shares of NASDAQ FCBC traded down $0.65 during mid-day trading on Friday, hitting $37.60. The company had a trading volume of 21,486 shares, compared to its average volume of 36,476. The company has a market capitalization of $689.10 million, a PE 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 1-year low of $32.63 and a 1-year high of $49.02.

First Community Bankshares Announces Dividend

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. The ex-dividend date is Friday, May 9th. This represents a $1.24 annualized dividend and a dividend yield of 3.30%. First Community Bankshares's dividend payout ratio (DPR) is 43.66%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut 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.