First Community (FCCO) Projected to Post Earnings on Wednesday

First Community (NASDAQ:FCCO) will likely be releasing its Q2 2025 earnings data before the market opens on Wednesday, July 23rd. Analysts expect First Community to post earnings of $0.58 per share and revenue of $18.56 million for the quarter.

First Community (NASDAQ:FCCO) last released its earnings results on Wednesday, April 23rd. The bank reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.04. First Community had a net margin of 14.48% and a return on equity of 10.70%. The company had revenue of $18.37 million for the quarter, compared to the consensus estimate of $17.39 million. On average, analysts expect First Community to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

First Community Stock Down 1.8%

First Community stock opened at $24.67 on Wednesday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.10. First Community has a 12-month low of $17.98 and a 12-month high of $27.96. The firm’s fifty day moving average is $23.85 and its 200 day moving average is $23.77. The company has a market capitalization of $189.47 million, a PE ratio of 12.46 and a beta of 0.37.

First Community Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 20th. Investors of record on Tuesday, May 6th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, May 6th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.43%. First Community’s payout ratio is presently 30.30%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of FCCO. Millennium Management LLC grew its stake in shares of First Community by 115.5% in the 1st quarter. Millennium Management LLC now owns 195,527 shares of the bank’s stock worth $4,411,000 after acquiring an additional 104,796 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of First Community by 199.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 90,919 shares of the bank’s stock worth $2,051,000 after acquiring an additional 60,596 shares in the last quarter. Jane Street Group LLC grew its stake in shares of First Community by 63.7% in the 1st quarter. Jane Street Group LLC now owns 51,323 shares of the bank’s stock worth $1,158,000 after acquiring an additional 19,978 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of First Community by 1,230.5% in the 1st quarter. Jones Financial Companies Lllp now owns 12,640 shares of the bank’s stock worth $285,000 after acquiring an additional 11,690 shares in the last quarter. Finally, Empowered Funds LLC grew its stake in shares of First Community by 7.7% in the 1st quarter. Empowered Funds LLC now owns 10,080 shares of the bank’s stock worth $227,000 after acquiring an additional 721 shares in the last quarter. Institutional investors and hedge funds own 61.25% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Hovde Group boosted their price target on shares of First Community from $28.00 to $29.00 and gave the company an “outperform” rating in a research note on Thursday, April 24th.

About First Community

First Community Corporation operates as the bank holding company for First Community Bank that provides various commercial and retail banking products and services to small-to-medium sized businesses, professionals, and individuals. The company operates through Commercial and Retail Banking, Mortgage Banking, and Investment Advisory and Non-Deposit segments.