First Community (FCCO) Scheduled to Post Earnings on Wednesday

First Community (NASDAQ:FCCO) is scheduled to be releasing its earnings data before the market opens on Wednesday, October 16th. Analysts expect First Community to post earnings of $0.39 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

First Community (NASDAQ:FCCO) last released its quarterly earnings data on Wednesday, July 17th. The bank reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.05. The company had revenue of $25.57 million during the quarter, compared to analysts’ expectations of $15.42 million. First Community had a return on equity of 8.33% and a net margin of 11.60%. During the same period last year, the firm posted $0.43 earnings per share. On average, analysts expect First Community to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

First Community Price Performance

Shares of NASDAQ FCCO opened at $21.37 on Monday. The business’s 50 day moving average is $21.25 and its 200-day moving average is $18.79. First Community has a 1-year low of $15.40 and a 1-year high of $23.30. The company has a current ratio of 0.78, a quick ratio of 0.77 and a debt-to-equity ratio of 0.48. The firm has a market cap of $163.03 million, a P/E ratio of 14.94 and a beta of 0.41.

First Community Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 13th. Investors of record on Tuesday, July 30th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, July 30th. This represents a $0.60 dividend on an annualized basis and a yield of 2.81%. This is a positive change from First Community’s previous quarterly dividend of $0.14. First Community’s payout ratio is currently 41.96%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised First Community from a “sell” rating to a “hold” rating in a research note on Monday, July 1st.

First Community Company Profile

First Community Corporation operates as the bank holding company for First Community Bank that provides various commercial and retail banking products and services to small-to-medium sized businesses, professionals, and individuals. The company operates through Commercial and Retail Banking, Mortgage Banking, and Investment Advisory and Non-Deposit segments.