First Community (NASDAQ:FCCO) Issues Quarterly Earnings Results, Beats Estimates By $0.06 EPS

First Community (NASDAQ:FCCO) announced its quarterly earnings results on Wednesday. The bank reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.06, Zacks reports. First Community had a net margin of 12.99% and a return on equity of 9.57%.

First Community Stock Performance

Shares of First Community stock traded up $0.62 during mid-day trading on Wednesday, hitting $24.85. 3,030 shares of the stock were exchanged, compared to its average volume of 23,538. First Community has a 12 month low of $15.40 and a 12 month high of $26.48. The company has a 50-day simple moving average of $24.62 and a 200 day simple moving average of $22.57. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.79 and a current ratio of 0.79. The company has a market capitalization of $189.82 million, a P/E ratio of 14.80 and a beta of 0.42.

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.