First Community Financials

FCBC Stock  USD 45.78  0.08  0.18%   
Based on the key measurements obtained from First Community's financial statements, First Community Bancshares is not in a good financial situation at this time. It has a very high probability of going through financial hardship in January. At present, First Community's Retained Earnings are projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 120.6 M, whereas Total Assets are forecasted to decline to about 2.3 B. Key indicators impacting First Community's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.350.3501
Slightly Down
Pretty Stable
Return On Assets0.01270.0147
Fairly Down
Slightly volatile
Return On Equity0.110.0954
Fairly Up
Pretty Stable
Debt Equity Ratio0.160.1426
Moderately Up
Slightly volatile
Operating Income5.4 M5.7 M
Notably Down
Slightly volatile
Current Ratio12.4513.1
Notably Down
Slightly volatile
The financial analysis of First Community is a critical element in measuring its lifeblood. Investors should not minimize First Community's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

26.11 Million

  
Understanding current and past First Community Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First Community's financial statements are interrelated, with each one affecting the others. For example, an increase in First Community's assets may result in an increase in income on the income statement.
Please note, the presentation of First Community's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, First Community's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of First Community's management manipulating its earnings.

First Community Stock Summary

First Community competes with Electronic Arts, Ainsworth Game, Verde Clean, and Southwest Airlines. First Community Bankshares, Inc. operates as the financial holding company for First Community Bank that provides various banking products and services. First Community Bankshares, Inc. was founded in 1874 and is headquartered in Bluefield, Virginia. First Community operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 599 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS31983A1034
CUSIP31983A103
LocationVirginia; U.S.A
Business AddressOne Community Place,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.firstcommunitybank.com
Phone276 326 9000
CurrencyUSD - US Dollar

First Community Key Financial Ratios

First Community Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.8B3.0B3.2B3.1B3.3B2.3B
Net Debt(217.0M)(454.7M)(675.1M)(168.3M)(79.1M)(75.2M)
Retained Earnings219.5M237.6M264.8M293.0M319.9M335.9M
Cash217.0M456.6M677.4M170.8M77.6M120.6M
Net Receivables5.1M9.1M7.9M9.3M10.9M6.4M
Other Current Assets230.5M468.9M686.4M180.8M127.5M121.1M
Total Liab2.4B37.2M35.8M2.7B2.8B1.8B
Total Current Assets391.7M549.0M761.6M374.8M369.4M353.2M
Short Term Debt1.8M1.1M1.7M2.0M1.3M1.2M
Common Stock18.4M17.7M16.9M16.2M18.5M16.8M
Other Current Liab(38.5M)(73.3M)(70.0M)(63.8M)2.1B2.2B
Accounts Payable38.5M37.2M35.8M32.9M29.6M28.1M
Other Liab37.0M35.7M33.5M32.1M36.9M25.7M
Other Assets2.0B2.2B2.2B2.3B2.4B1.8B
Inventory(230.5M)(468.9M)(686.4M)(180.8M)105.5M110.8M
Intangible Assets8.5M7.1M5.6M4.2M15.1M21.4M
Net Tangible Assets290.7M290.1M292.6M288.2M331.5M273.4M
Capital Surpluse192.4M173.3M147.6M128.5M115.7M150.3M

First Community Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense5.5M5.5M2.8M1.7M9.5M9.0M
Total Revenue118.7M132.7M130.5M140.6M137.2M103.9M
Gross Profit118.7M132.7M130.5M140.6M137.2M103.9M
Operating Income49.8M46.1M66.5M66.0M5.7M5.4M
Ebit49.8M46.1M66.5M60.2M(4.0M)(3.8M)
Ebitda50.8M52.0M72.4M65.8M1.7M1.6M
Income Before Tax49.8M46.1M66.5M60.2M62.0M36.0M
Net Income38.8M35.9M51.2M46.7M48.0M26.1M
Income Tax Expense11.0M10.2M15.4M13.5M14.0M9.8M
Tax Provision11.0M10.2M15.4M13.5M14.0M14.4M
Net Interest Income89.5M108.6M102.5M112.7M127.7M108.6M
Interest Income95.0M114.0M105.3M114.3M137.2M116.1M

First Community Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash140.1M239.6M220.9M(506.6M)(54.4M)(51.7M)
Free Cash Flow48.2M42.6M45.2M57.9M59.1M38.1M
Depreciation4.4M5.9M5.9M5.6M5.7M5.0M
Other Non Cash Items399K(6.0M)(4.4M)1.7M2.7M2.6M
Dividends Paid15.1M17.9M18.1M18.5M21.1M12.6M
Capital Expenditures8.4M3.2M3.0M1.2M2.8M3.2M
Net Income38.8M35.9M51.2M46.7M48.0M26.3M
End Period Cash Flow217.0M456.6M677.4M170.8M116.4M136.9M
Investments148.7M16.2M33.7M(480.4M)288.7M303.1M
Net Borrowings(27.8M)(677K)572K338K388.7K408.1K
Change To Netincome13.6M8.7M(5.2M)9.0M8.1M9.0M

First Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining First Community's current stock value. Our valuation model uses many indicators to compare First Community value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Community competition to find correlations between indicators driving First Community's intrinsic value. More Info.
First Community Bancshares is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about  0.16  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for First Community Bancshares is roughly  6.39 . At present, First Community's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the First Community's earnings, one of the primary drivers of an investment's value.

First Community Banc Systematic Risk

First Community's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First Community volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on First Community Banc correlated with the market. If Beta is less than 0 First Community generally moves in the opposite direction as compared to the market. If First Community Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Community Banc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Community is generally in the same direction as the market. If Beta > 1 First Community moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in First Community Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Community's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of First Community growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(2.48)

At present, First Community's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

First Community December 17, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of First Community help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Community Bancshares. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Community Bancshares based on widely used predictive technical indicators. In general, we focus on analyzing First Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Community's daily price indicators and compare them against related drivers.

Complementary Tools for First Stock analysis

When running First Community's price analysis, check to measure First Community's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Community is operating at the current time. Most of First Community's value examination focuses on studying past and present price action to predict the probability of First Community's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Community's price. Additionally, you may evaluate how the addition of First Community to your portfolios can decrease your overall portfolio volatility.
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