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

First Community Bancshares, Inc. (NASDAQ:FCBCGet Free Report) declared a quarterly dividend on Tuesday, April 28th. Stockholders of record on Friday, May 15th will be paid a dividend of 0.31 per share by the bank on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Friday, May 15th.

First Community Bancshares has increased its dividend payment by an average of 0.3%annually over the last three years and has increased its dividend every year for the last 13 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

Shares of NASDAQ:FCBC opened at $43.74 on Wednesday. The company has a market cap of $834.34 million, a P/E ratio of 16.44 and a beta of 0.48. First Community Bancshares has a 1 year low of $31.21 and a 1 year high of $45.10. The stock’s fifty day moving average price is $41.23 and its 200-day moving average price is $36.76.

First Community Bancshares (NASDAQ:FCBCGet Free Report) last announced its quarterly earnings results on Monday, May 4th. The bank reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.01. The firm had revenue of $78.05 million for the quarter, compared to the consensus estimate of $44.20 million. First Community Bancshares had a return on equity of 10.17% and a net margin of 26.32%.

First Community Bancshares Company Profile

(Get Free Report)

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.

See Also

Dividend History for First Community Bancshares (NASDAQ:FCBC)

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