First Historical Income Statement
| FCBC Stock | USD 45.78 0.08 0.18% |
Historical analysis of First Community income statement accounts such as Selling General Administrative of 35 M or Total Revenue of 103.9 M can show how well First Community Bancshares performed in making a profits. Evaluating First Community income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First Community's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining First Community Banc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Community Banc is a good buy for the upcoming year.
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About First Income Statement Analysis
First Community Banc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First Community shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
First Community Income Statement Chart
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Total Revenue
Total revenue comprises all receipts First Community Banc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of First Community Bancshares minus its cost of goods sold. It is profit before First Community operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of First Community Banc. It is also known as First Community overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from First Community Banc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of First Community Bancshares is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in First Community Banc financial statement analysis. It represents the amount of money remaining after all of First Community Bancshares operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from First Community's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First Community Banc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Community Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade First Stock refer to our How to Trade First Stock guide.At present, First Community's Total Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 59.1 M, whereas Interest Expense is forecasted to decline to about 9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.8M | 1.7M | 9.5M | 9.0M | Depreciation And Amortization | 5.9M | 5.6M | 5.7M | 6.0M |
First Community income statement Correlations
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First Community Account Relationship Matchups
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First Community income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 997K | 5.9M | 5.9M | 5.6M | 5.7M | 6.0M | |
| Interest Expense | 5.5M | 5.5M | 2.8M | 1.7M | 9.5M | 9.0M | |
| Selling General Administrative | 37.5M | 44.4M | 45.1M | 48.3M | 51.4M | 35.0M | |
| Total Revenue | 118.7M | 132.7M | 130.5M | 140.6M | 137.2M | 103.9M | |
| Gross Profit | 118.7M | 132.7M | 130.5M | 140.6M | 137.2M | 103.9M | |
| Other Operating Expenses | 37.4M | 86.6M | 63.9M | 1.3M | 74.5M | 52.5M | |
| Operating Income | 49.8M | 46.1M | 66.5M | 66.0M | 5.7M | 5.4M | |
| Ebit | 49.8M | 46.1M | 66.5M | 60.2M | (4.0M) | (3.8M) | |
| Ebitda | 50.8M | 52.0M | 72.4M | 65.8M | 1.7M | 1.6M | |
| Total Operating Expenses | 37.4M | (86.6M) | (63.9M) | 1.3M | 74.5M | 78.2M | |
| Income Before Tax | 49.8M | 46.1M | 66.5M | 60.2M | 62.0M | 36.0M | |
| Total Other Income Expense Net | 47.0M | (16.2M) | (14.0M) | (13.8M) | 56.3M | 59.1M | |
| Net Income | 38.8M | 35.9M | 51.2M | 46.7M | 48.0M | 26.1M | |
| Income Tax Expense | 11.0M | 10.2M | 15.4M | 13.5M | 14.0M | 9.8M | |
| Net Income Applicable To Common Shares | 38.8M | 35.9M | 51.2M | 46.7M | 53.7M | 29.7M | |
| Net Income From Continuing Ops | 38.8M | 35.9M | 51.2M | 46.7M | 48.0M | 36.0M | |
| Selling And Marketing Expenses | 2.3M | 2.0M | 2.1M | 2.4M | 3.3M | 2.1M | |
| Tax Provision | 11.0M | 10.2M | 15.4M | 13.5M | 14.0M | 14.4M | |
| Net Interest Income | 89.5M | 108.6M | 102.5M | 112.7M | 127.7M | 108.6M | |
| Interest Income | 95.0M | 114.0M | 105.3M | 114.3M | 137.2M | 116.1M | |
| Reconciled Depreciation | 4.0M | 4.4M | 5.9M | 1.4M | 5.7M | 3.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether First Community Banc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Community's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Community Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Community Bancshares Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Community Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade First Stock refer to our How to Trade First Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Community. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Community listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Dividend Share 1.2 | Earnings Share 2.74 | Revenue Per Share 8.864 | Quarterly Revenue Growth (0.03) |
The market value of First Community Banc is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Community's value that differs from its market value or its book value, called intrinsic value, which is First Community's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Community's market value can be influenced by many factors that don't directly affect First Community's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Community's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Community is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Community's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.