First Community Bancshares, Inc. Announces Special Dividend of $1.00 (NASDAQ:FCBC)

First Community Bancshares, Inc. (NASDAQ:FCBC) declared a special dividend on Tuesday, December 16th. Stockholders of record on Friday, January 2nd will be given a dividend of 1.00 per share by the bank on Friday, January 16th. The ex-dividend date of this dividend is Friday, January 2nd.

First Community Bancshares has increased its dividend by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 13 consecutive years. First Community Bancshares has a payout ratio of 46.3% indicating that its dividend is sufficiently covered by earnings.

First Community Bancshares Stock Up 0.2%

Shares of FCBC stock traded up $0.06 on Wednesday, reaching $35.24. The stock had a trading volume of 7,283 shares, compared to its average volume of 42,919. First Community Bancshares has a 12 month low of $31.21 and a 12 month high of $46.12. The firm has a market capitalization of $645.60 million, a price-to-earnings ratio of 13.10 and a beta of 0.61. The firm’s 50-day moving average is $33.12 and its two-hundred day moving average is $36.12.

First Community Bancshares (NASDAQ:FCBC) last announced its quarterly earnings results on Tuesday, October 28th. The bank reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.07. The firm had revenue of $42.19 million for the quarter, compared to the consensus estimate of $40.40 million. First Community Bancshares had a return on equity of 9.82% and a net margin of 26.76%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on FCBC. Weiss Ratings reissued a “hold (c)” rating on shares of First Community Bancshares in a report on Friday, October 31st. Wall Street Zen raised shares of First Community Bancshares from a “sell” rating to a “hold” rating in a report on Saturday, November 29th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

First Community Bancshares Company Profile

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.