First Community Bancshares, Inc. Declares Quarterly Dividend of $0.31 (NASDAQ:FCBC)

First Community Bancshares, Inc. (NASDAQ:FCBC) declared a quarterly dividend on Tuesday, January 27th. Investors of record on Friday, February 13th will be paid a dividend of 0.31 per share by the bank on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Friday, February 13th.

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

First Community Bancshares Price Performance

FCBC stock traded down $0.44 during trading on Wednesday, hitting $33.42. 28,436 shares of the stock traded hands, compared to its average volume of 47,693. The stock has a market cap of $612.16 million, a price-to-earnings ratio of 12.42 and a beta of 0.61. First Community Bancshares has a 1 year low of $31.21 and a 1 year high of $45.57. The firm’s 50 day moving average is $33.77 and its two-hundred day moving average is $35.06.

First Community Bancshares (NASDAQ:FCBC) last issued its earnings results on Tuesday, January 27th. The bank reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.10. First Community Bancshares had a net margin of 26.76% and a return on equity of 9.82%. The firm had revenue of $43.79 million for the quarter, compared to the consensus estimate of $43.20 million.

First Community Bancshares Company Profile

First Community Bancshares, Inc (NASDAQ: FCBC) is a bank holding company headquartered in Mebane, North Carolina, that delivers banking and financial services through its wholly owned subsidiary, First Community Bank. The company’s core focus is on relationship-driven community banking, offering clients a blend of personalized service and competitive digital banking capabilities. It serves a diverse clientele that includes individuals, families, small and mid-sized businesses, nonprofit organizations and professional practices.

The bank provides a broad spectrum of deposit products, such as checking, savings, money market and certificate of deposit accounts, alongside treasury management and payment processing solutions.