First Community Bankshares (NASDAQ:FCBC) Issues Earnings Results

First Community Bankshares (NASDAQ:FCBC - Get Free Report) released its quarterly earnings data on Tuesday. The bank reported $0.71 earnings per share (EPS) for the quarter, Zacks reports. First Community Bankshares had a return on equity of 10.35% and a net margin of 27.81%.

First Community Bankshares Stock Up 0.2 %

NASDAQ:FCBC traded up $0.08 during mid-day trading on Friday, reaching $43.52. 15,831 shares of the company were exchanged, compared to its average volume of 34,155. The stock has a market cap of $795.98 million, a PE ratio of 15.38 and a beta of 0.58. First Community Bankshares has a 12 month low of $31.00 and a 12 month high of $49.02. The company has a fifty day moving average of $43.07 and a 200 day moving average of $43.02.

First Community Bankshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.31 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.85%. First Community Bankshares's dividend payout ratio (DPR) is presently 43.66%.

Insider Activity at First Community Bankshares

In related news, SVP Jason R. Belcher sold 6,384 shares of the business's stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $46.49, for a total transaction of $296,792.16. Following the completion of the transaction, the senior vice president now owns 15,317 shares in the company, valued at approximately $712,087.33. The trade was a 29.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO David D. Brown sold 2,520 shares of the company's stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $48.00, for a total transaction of $120,960.00. Following the completion of the sale, the chief financial officer now owns 12,676 shares of the company's stock, valued at approximately $608,448. This represents a 16.58 % decrease in their position. The disclosure for this sale can be found here. 3.67% of the stock is currently owned by company insiders.

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.