First Community Bancshares, Inc. (NASDAQ:FCBC) Short Interest Update

First Community Bancshares, Inc. (NASDAQ:FCBC) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 235,146 shares, a growth of 37.4% from the January 29th total of 171,201 shares. Based on an average daily trading volume, of 81,626 shares, the days-to-cover ratio is currently 2.9 days. Currently, 1.3% of the company’s shares are short sold. Currently, 1.3% of the company’s shares are short sold. Based on an average daily trading volume, of 81,626 shares, the days-to-cover ratio is currently 2.9 days.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Wall Street Zen raised shares of First Community Bancshares from a “sell” rating to a “hold” rating in a research note on Saturday, November 29th. Weiss Ratings reissued a “hold (c)” rating on shares of First Community Bancshares in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, First Community Bancshares has a consensus rating of “Hold”.

First Community Bancshares Trading Up 3.0%

Shares of FCBC stock traded up $1.18 during trading hours on Monday, reaching $40.31. 28,086 shares of the stock were exchanged, compared to its average volume of 68,638. The firm has a market capitalization of $738.28 million, a price-to-earnings ratio of 15.15 and a beta of 0.61. First Community Bancshares has a 12-month low of $31.21 and a 12-month high of $45.03. The company’s 50-day moving average price is $36.31 and its 200-day moving average price is $35.24.

First Community Bancshares (NASDAQ:FCBC) last released its quarterly earnings data on Tuesday, January 27th. The bank reported $0.77 EPS for the quarter, topping the consensus estimate of $0.67 by $0.10. First Community Bancshares had a return on equity of 10.16% and a net margin of 26.32%.The company had revenue of $43.79 million for the quarter, compared to the consensus estimate of $43.20 million.

First Community Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were paid a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.1%. First Community Bancshares’s dividend payout ratio (DPR) is presently 46.62%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of FCBC. Mariner LLC boosted its position in First Community Bancshares by 2.3% during the fourth quarter. Mariner LLC now owns 19,291 shares of the bank’s stock worth $651,000 after purchasing an additional 437 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of First Community Bancshares by 4.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,124 shares of the bank’s stock valued at $382,000 after purchasing an additional 474 shares during the period. Osaic Holdings Inc. increased its stake in shares of First Community Bancshares by 10.5% during the second quarter. Osaic Holdings Inc. now owns 5,265 shares of the bank’s stock worth $206,000 after purchasing an additional 499 shares in the last quarter. Aquatic Capital Management LLC raised its position in shares of First Community Bancshares by 78.0% during the 3rd quarter. Aquatic Capital Management LLC now owns 1,143 shares of the bank’s stock worth $40,000 after purchasing an additional 501 shares during the last quarter. Finally, City Holding Co. boosted its holdings in First Community Bancshares by 98.5% in the 3rd quarter. City Holding Co. now owns 1,042 shares of the bank’s stock worth $36,000 after buying an additional 517 shares during the last quarter. Institutional investors and hedge funds own 34.95% of the company’s stock.

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.