First Community Bankshares (NASDAQ:FCBC) Issues Earnings Results

First Community Bankshares (NASDAQ:FCBC) posted its quarterly earnings results on Tuesday. The bank reported $0.71 earnings per share (EPS) for the quarter, Zacks reports. First Community Bankshares had a net margin of 27.18% and a return on equity of 10.70%.

First Community Bankshares Price Performance

First Community Bankshares stock opened at $44.02 on Thursday. The firm has a market capitalization of $805.13 million, a P/E ratio of 15.75 and a beta of 0.58. First Community Bankshares has a one year low of $31.00 and a one year high of $49.02. The business has a fifty day moving average price of $43.12 and a 200-day moving average price of $43.01.

First Community Bankshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.24 dividend on an annualized basis and a yield of 2.82%. First Community Bankshares’s payout ratio is 44.44%.

Insider Activity at First Community Bankshares

In other news, SVP Jason R. Belcher sold 6,384 shares of the company’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $46.49, for a total value of $296,792.16. Following the transaction, the senior vice president now owns 15,317 shares of the company’s stock, valued at approximately $712,087.33. This represents a 29.42 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO David D. Brown sold 2,520 shares of First Community Bankshares stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $48.00, for a total value of $120,960.00. Following the sale, the chief financial officer now directly owns 12,676 shares of the company’s stock, valued at $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 corporate insiders.

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.