First munity (FCCO)

Search documents
First Community (FCCO) Q4 Earnings and Revenues Beat Estimates
ZACKS· 2025-01-22 16:15
分组1 - First Community (FCCO) reported quarterly earnings of $0.55 per share, exceeding the Zacks Consensus Estimate of $0.50 per share, and up from $0.43 per share a year ago, representing an earnings surprise of 10% [1] - The company posted revenues of $17.47 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 2.16%, compared to year-ago revenues of $15.23 million [2] - Over the last four quarters, First Community has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] 分组2 - The current consensus EPS estimate for the coming quarter is $0.43 on revenues of $17.09 million, and for the current fiscal year, it is $2.08 on revenues of $72.64 million [7] - The Zacks Industry Rank for Banks - Southeast is currently in the top 24% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - First Community shares have added about 1% since the beginning of the year, while the S&P 500 has gained 2.9% [3]
First Community Corporation Announces 2025 Earnings Release Schedule
Prnewswire· 2024-12-18 14:00
Group 1 - First Community Corporation has announced its earnings release schedule for 2025, with the fourth quarter of 2024 set for January 22, 2025, and subsequent quarters on April 23, July 23, and October 22 of 2025 [1] - The earnings releases will be issued at approximately 9:00 am Eastern Time on each scheduled date [1] Group 2 - First Community Corporation operates as the holding company for First Community Bank, which is a full-service commercial bank based in the Midlands of South Carolina [2] - The bank offers a range of services including deposit and loan products, residential mortgage lending, and financial planning/investment advisory services for both businesses and consumers [2] - First Community serves customers in various regions including the Midlands, Aiken, Upstate, and Piedmont Regions of South Carolina, as well as Augusta, Georgia [2]
Why First Community (FCCO) Might be Well Poised for a Surge
ZACKS· 2024-10-29 17:20
Investors might want to bet on First Community (FCCO) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this holding company for First Community Bank, should get reflected in its stock price. After all, empirical research shows ...
First Community (FCCO) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-16 15:31
Core Insights - First Community (FCCO) reported revenue of $16.98 million for the quarter ended September 2024, reflecting a year-over-year increase of 21.6% [1] - Earnings per share (EPS) for the quarter was $0.50, up from $0.23 in the same quarter last year, indicating significant growth [1] - The reported revenue exceeded the Zacks Consensus Estimate of $16.65 million by 1.99%, while the EPS surpassed the consensus estimate of $0.45 by 11.11% [1] Financial Metrics - The net interest margin (taxable equivalent) was reported at 3%, matching the average estimate from two analysts [3] - The efficiency ratio stood at 70.5%, better than the average estimate of 72% from two analysts [3] - Total non-interest income was $3.57 million, slightly above the average estimate of $3.55 million from two analysts [3] Stock Performance - Over the past month, shares of First Community have returned -1.8%, contrasting with the Zacks S&P 500 composite's increase of +3.5% [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), suggesting potential for outperformance in the near term [3]
First Community (FCCO) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-10-09 15:03
Company Overview - First Community (FCCO) is anticipated to report a year-over-year increase in earnings due to higher revenues for the quarter ended September 2024, with a consensus outlook indicating a significant earnings picture [1] - The upcoming earnings report is expected to be released on October 16, and the stock may experience upward movement if key numbers exceed expectations, while a miss could lead to a decline [2] Earnings Estimates - The Zacks Consensus Estimate predicts quarterly earnings of $0.45 per share for First Community, reflecting a year-over-year increase of +95.7% [3] - Revenues are projected to be $16.65 million, representing a 19.2% increase from the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has been revised 4.3% higher in the last 30 days, indicating a positive reassessment by analysts [4] - The Most Accurate Estimate for First Community is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +1.12%, suggesting a bullish outlook on earnings prospects [10] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8] - First Community currently holds a Zacks Rank of 2, which enhances the likelihood of beating the consensus EPS estimate [10] Historical Performance - In the last reported quarter, First Community exceeded the expected earnings of $0.37 per share by delivering $0.42, resulting in a surprise of +13.51% [11] - Over the past four quarters, the company has beaten consensus EPS estimates two times [12] Industry Comparison - Hancock Whitney (HWC), another player in the Zacks Banks - Southeast industry, is expected to report earnings per share of $1.31 for the same quarter, indicating a year-over-year change of +17% [16] - Hancock Whitney's consensus EPS estimate has been revised 1.5% lower in the last 30 days, leading to an Earnings ESP of -0.38%, making it challenging to predict a beat on the consensus EPS estimate [17]
First Community (FCCO) Could Be a Great Choice
ZACKS· 2024-09-18 16:46
Company Overview - First Community (FCCO) is headquartered in Lexington and has experienced a price change of 1.07% this year [3] - The company currently pays a dividend of $0.15 per share, resulting in a dividend yield of 2.76%, which is higher than the Banks - Southeast industry's yield of 2.52% and the S&P 500's yield of 1.57% [3] Dividend Performance - The current annualized dividend of $0.60 represents a 7.1% increase from the previous year [4] - Over the past five years, First Community has increased its dividend three times year-over-year, with an average annual increase of 5.36% [4] - The company's current payout ratio is 39%, indicating that it paid out 39% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for First Community's earnings per share for 2024 is $1.67, reflecting a year-over-year growth rate of 7.74% [5] Investment Appeal - First Community is viewed as an attractive dividend play and a compelling investment opportunity, holding a Zacks Rank of 2 (Buy) [7]
Best Value Stocks to Buy for August 23rd
ZACKS· 2024-08-23 09:52
Group 1: Roche Holding AG (RHHBY) - Roche Holding AG is a pharmaceuticals and diagnostics company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 8.4% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 15.47, compared to 22.40 for the industry, and possesses a Value Score of B [1] Group 2: Southside Bancshares, Inc. (SBSI) - Southside Bancshares, Inc. is a bank holding company for Southside Bank with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 9.6% over the last 60 days [2] - The company has a price-to-earnings ratio (P/E) of 10.94, compared to 22.76 for the S&P, and possesses a Value Score of B [2] Group 3: First Community Corporation (FCCO) - First Community Corporation is a bank holding company for First Community Bank with a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 8.4% over the last 60 days [3] - The company has a price-to-earnings ratio (P/E) of 12.52, compared to 12.70 for the industry, and possesses a Value Score of B [3]
Why First Community (FCCO) is a Great Dividend Stock Right Now
ZACKS· 2024-08-16 16:45
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures ...
Why First Community (FCCO) is a Top Dividend Stock for Your Portfolio
ZACKS· 2024-07-31 16:46
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that ...
First Community (FCCO)'s Technical Outlook is Bright After Key Golden Cross
ZACKS· 2024-07-30 14:56
After reaching an important support level, First Community Corporation (FCCO) could be a good stock pick from a technical perspective. FCCO recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average. Over the past four weeks, FCCO has gained 35.1%. The company currently sits at a #1 (Strong Buy) on the Zacks Rank, also indicating that the stock could be poised for a breakout. the near future. Considered an important signifier ...