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

First Community Bankshares (NASDAQ:FCBC) released its earnings results on Tuesday. The bank reported $0.71 earnings per share (EPS) 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

FCBC stock traded down $0.03 during trading on Tuesday, reaching $42.39. 16,484 shares of the company were exchanged, compared to its average volume of 36,023. First Community Bankshares has a twelve month low of $31.00 and a twelve month high of $49.02. The company has a market capitalization of $775.31 million, a price-to-earnings ratio of 15.19 and a beta of 0.58. The company has a 50-day moving average of $43.20 and a two-hundred day moving average of $42.98.

Insider Transactions at First Community Bankshares

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