First Community Bankshares Past Earnings Performance

Past criteria checks 3/6

First Community Bankshares has been growing earnings at an average annual rate of 6.9%, while the Banks industry saw earnings growing at 10.1% annually. Revenues have been growing at an average rate of 7.1% per year. First Community Bankshares's return on equity is 9.5%, and it has net margins of 30.6%.

Key information

6.9%

Earnings growth rate

5.6%

EPS growth rate

Banks Industry Growth	11.2%
Revenue growth rate	7.1%
Return on equity	9.5%
Net Margin	30.6%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

First Community Bankshares (NASDAQ:FCBC) Is Paying Out A Dividend Of $0.29

Jan 27

First Community Bankshares (NASDAQ:FCBC) Has Announced A Dividend Of $0.29

Jul 29

First Community Bankshares' (NASDAQ:FCBC) Upcoming Dividend Will Be Larger Than Last Year's

Jul 30

First Community Bancshares Non-GAAP EPS of $0.67, revenue of $36.4M

Jul 26

If You Like EPS Growth Then Check Out First Community Bankshares (NASDAQ:FCBC) Before It's Too Late

Sep 28

First Community Bankshares' (NASDAQ:FCBC) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 04

Some Shareholders May find It Hard To Increase First Community Bankshares, Inc.'s (NASDAQ:FCBC) CEO Compensation This Year

Apr 21

You Have To Love First Community Bankshares, Inc.'s (NASDAQ:FCBC) Dividend

Mar 23

What Kind Of Shareholders Hold The Majority In First Community Bankshares, Inc.'s (NASDAQ:FCBC) Shares?

Feb 25

Why You Might Be Interested In First Community Bankshares, Inc. (NASDAQ:FCBC) For Its Upcoming Dividend

Jan 30

Shareholders Of First Community Bankshares (NASDAQ:FCBC) Must Be Happy With Their 55% Return

Jan 07

Revenue & Expenses Breakdown
Beta

How First Community Bankshares makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:FCBC Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	157	48	75
30 Sep 23	152	49	72
30 Jun 23	149	48	70
31 Mar 23	147	49	69
31 Dec 22	143	47	69
30 Sep 22	142	45	70
30 Jun 22	139	44	69
31 Mar 22	140	46	66
31 Dec 21	145	51	65
30 Sep 21	145	52	62
30 Jun 21	139	48	62
31 Mar 21	132	43	63
31 Dec 20	126	36	63
30 Sep 20	120	34	61
30 Jun 20	118	35	60
31 Mar 20	117	37	57
31 Dec 19	113	39	54
30 Sep 19	113	39	54
30 Jun 19	113	38	53
31 Mar 19	114	37	52
31 Dec 18	115	36	53
30 Sep 18	115	28	52
30 Jun 18	114	27	52
31 Mar 18	112	24	53
31 Dec 17	109	21	53
30 Sep 17	109	27	53
30 Jun 17	106	25	53
31 Mar 17	108	25	51
31 Dec 16	109	25	56
30 Sep 16	110	25	52
30 Jun 16	114	25	53
31 Mar 16	113	25	53
31 Dec 15	111	24	52
30 Sep 15	114	24	52
30 Jun 15	118	24	52
31 Mar 15	118	25	53
31 Dec 14	121	25	53
30 Sep 14	116	24	53
30 Jun 14	112	23	53
31 Mar 14	111	21	53
31 Dec 13	113	22	54
30 Sep 13	119	25	55
30 Jun 13	126	30	55

Quality Earnings: FCBC has high quality earnings.

Growing Profit Margin: FCBC's current net profit margins (30.6%) are lower than last year (32.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: FCBC's earnings have grown by 6.9% per year over the past 5 years.

Accelerating Growth: FCBC's earnings growth over the past year (2.9%) is below its 5-year average (6.9% per year).

Earnings vs Industry: FCBC earnings growth over the past year (2.9%) exceeded the Banks industry -10.1%.

Return on Equity

High ROE: FCBC's Return on Equity (9.5%) is considered low.

Return on Assets

Return on Capital Employed

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First Community Bankshares Past Earnings Performance

Past criteria checks 3/6

Key information

Recent past performance updates

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

First Community Bankshares, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

First Community Bankshares, Inc. Reports Net Charge-Offs for the Third Quarter Ended September 30, 2023

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Recent updates

Price target decreased by 11% to US$33.00

First Community Bankshares, Inc., Annual General Meeting, Apr 23, 2024

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Insufficient new directors

Upcoming dividend of US$0.29 per share at 3.4% yield

First Community Bankshares (NASDAQ:FCBC) Is Paying Out A Dividend Of $0.29

Fourth quarter dividend of US$0.29 announced

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

First Community Bankshares, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023

Price target increased by 17% to US$35.00

Upcoming dividend of US$0.29 per share at 3.6% yield

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

First Community Bankshares, Inc. Reports Net Charge-Offs for the Third Quarter Ended September 30, 2023

Upcoming dividend of US$0.29 per share at 3.4% yield

First Community Bankshares (NASDAQ:FCBC) Has Announced A Dividend Of $0.29

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

First Community Bankshares, Inc. Declares Quarterly Cash Dividend, Payable on or About August 25, 2023

Price target increased by 12% to US$28.00

Investor sentiment improves as stock rises 17%

Upcoming dividend of US$0.29 per share at 4.9% yield

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of US$0.29 per share at 3.6% yield

First Community Bankshares, Inc. Announces Net Charge-Offs for the Fourth Quarter of 2022

Now 22% undervalued

First Community Bankshares, Inc. (NasdaqGS:FCBC) entered into an agreement and plan of merger to acquire Surrey Bancorp (OTCPK:SRYB) for approximately $120 million.

Now 20% undervalued

Now 20% undervalued

Third quarter 2022 earnings released: EPS: US$0.81 (vs US$0.73 in 3Q 2021)

First Community Bankshares, Inc. Declares Quarterly Cash Dividend, Payable on or About November 18, 2022

First Community Bankshares' (NASDAQ:FCBC) Upcoming Dividend Will Be Larger Than Last Year's

Second quarter 2022 earnings released: EPS: US$0.67 (vs US$0.77 in 2Q 2021)

First Community Bankshares, Inc. Reports Charge Offs for the Second Quarter Ended June 30, 2022

First Community Bankshares, Inc. Declares Quarterly Cash Dividend, Payable on or about August 19, 2022

First Community Bancshares Non-GAAP EPS of $0.67, revenue of $36.4M

First Community Bankshares, Inc. (NasdaqGS : FCBC) agreed to acquire Certain Assets, Deposits and Other Liabilities of Two South Texas Branches of Investar Bank, National Association.

Independent Director recently bought US$135k worth of stock

Price target decreased to US$32.00

First Community Bankshares, Inc. Declares Quarterly Cash Dividend, Payable on May 6, 2022

Price target decreased to US$32.00

Full year 2021 earnings: EPS misses analyst expectations

Upcoming dividend of US$0.27 per share

Full year 2021 earnings: EPS misses analyst expectations

Insufficient new directors

Independent Director exercised options to buy US$164k worth of stock.

Independent Director exercised options to buy US$164k worth of stock.

Chairman & CEO exercised options to buy US$317k worth of stock.

Third quarter 2021 earnings released: EPS US$0.73 (vs US$0.47 in 3Q 2020)

If You Like EPS Growth Then Check Out First Community Bankshares (NASDAQ:FCBC) Before It's Too Late

First Community Bankshares' (NASDAQ:FCBC) Shareholders Will Receive A Bigger Dividend Than Last Year

Second quarter 2021 earnings released: EPS US$0.77 (vs US$0.47 in 2Q 2020)

Consensus forecasts updated

First quarter 2021 earnings released: EPS US$0.83 (vs US$0.44 in 1Q 2020)

First Community Bankshares, Inc. Declares Quarterly Cash Dividend, Payable on or About May 21, 2021

Some Shareholders May find It Hard To Increase First Community Bankshares, Inc.'s (NASDAQ:FCBC) CEO Compensation This Year

You Have To Love First Community Bankshares, Inc.'s (NASDAQ:FCBC) Dividend

First Community Bankshares, Inc., Annual General Meeting, Apr 27, 2021

Full year 2020 earnings released: EPS US$2.02 (vs US$2.47 in FY 2019)

What Kind Of Shareholders Hold The Majority In First Community Bankshares, Inc.'s (NASDAQ:FCBC) Shares?

New 90-day high: US$24.74

Analysts increase EPS estimates to US$2.16

New 90-day high: US$23.40

Why You Might Be Interested In First Community Bankshares, Inc. (NASDAQ:FCBC) For Its Upcoming Dividend

Independent Director exercised options to buy US$210k worth of stock.

Full year 2020 earnings released: EPS US$2.02 (vs US$2.47 in FY 2019)

Revenue and earnings beat expectations

Shareholders Of First Community Bankshares (NASDAQ:FCBC) Must Be Happy With Their 55% Return

Who Has Been Buying First Community Bankshares, Inc. (NASDAQ:FCBC) Shares?

Third quarter 2020 earnings released: EPS US$0.47

Market bids up stock over the past week

Revenue & Expenses Breakdown
Beta