First Community Bankshares (NASDAQ:FCBC) Releases Quarterly Earnings Results

First Community Bankshares (NASDAQ:FCBC) released its quarterly earnings results on Tuesday. The bank reported $0.71 earnings per share for the quarter, Zacks reports. First Community Bankshares had a return on equity of 10.70% and a net margin of 27.18%.

First Community Bankshares Price Performance

NASDAQ:FCBC traded down $0.03 during mid-day trading on Tuesday, hitting $42.39. 16,484 shares of the company’s stock were exchanged, compared to its average volume of 36,023. First Community Bankshares has a one year low of $31.00 and a one year high of $49.02. The business has a fifty day moving average price of $43.20 and a 200 day moving average price of $42.98. The company has a market cap of $775.31 million, a PE ratio of 15.19 and a beta of 0.58.

Insider Transactions at First Community Bankshares

In related news, SVP Jason R. Belcher sold 6,384 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $46.49, for a total transaction of $296,792.16. Following the completion of the sale, the senior vice president now directly owns 15,317 shares in the company, valued at approximately $712,087.33. The trade was a 29.42 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO David D. Brown sold 2,520 shares of First Community Bankshares stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $48.00, for a total transaction of $120,960.00. Following the transaction, the chief financial officer now owns 12,676 shares in the company, valued at $608,448. This represents a 16.58 % decrease in their position. The disclosure for this sale can be found here. Insiders own 3.67% of the company’s stock.

About First Community Bankshares

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.