FIRST COMMUNITY BANKSHARES (FCBC)
US31983A1034 - Common Stock
Overall FCBC gets a fundamental rating of 3 out of 10. We evaluated FCBC against 411 industry peers in the Banks industry. Both the profitability and the financial health of FCBC get a neutral evaluation. Nothing too spectacular is happening here. FCBC does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
FCBC had positive earnings in the past year.
In the past year FCBC had a positive cash flow from operations.
Each year in the past 5 years FCBC has been profitable.
In the past 5 years FCBC always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.47%, FCBC belongs to the top of the industry, outperforming 87.83% of the companies in the same industry.
With a Return On Equity value of 9.54%, FCBC perfoms like the industry average, outperforming 53.28% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.47% | ||
| ROE | 9.54% | ||
| ROIC | N/A |
ROA(3y)1.52%
ROA(5y)1.43%
ROE(3y)10.86%
ROE(5y)10.01%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
FCBC has a Profit Margin of 29.08%. This is in the better half of the industry: FCBC outperforms 73.24% of its industry peers.
FCBC's Profit Margin has been stable in the last couple of years.
FCBC does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 29.08% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y3.88%
PM growth 5Y-1.25%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FCBC does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, FCBC has more shares outstanding
Compared to 5 years ago, FCBC has more shares outstanding
Compared to 1 year ago, FCBC has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of FCBC is 0.02, which is an excellent value as it means it would take FCBC, only 0.02 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of FCBC (0.02) is better than 88.08% of its industry peers.
FCBC has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.00, FCBC belongs to the top of the industry, outperforming 87.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.02 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC10.39%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for FCBC have decreased by -4.27% in the last year.
FCBC shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.77% yearly.
The Revenue has grown by 10.21% in the past year. This is quite good.
The Revenue has been growing slightly by 7.10% on average over the past years.
EPS 1Y (TTM)-4.27%
EPS 3Y9.35%
EPS 5Y3.77%
EPS growth Q2Q-14.29%
Revenue 1Y (TTM)10.21%
Revenue growth 3Y6.06%
Revenue growth 5Y7.1%
Revenue growth Q2Q6.85%
3.2 Future
FCBC is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -7.53% yearly.
The Revenue is expected to decrease by -2.50% on average over the next years.
EPS Next Y-10.75%
EPS Next 2Y-7.53%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-3.56%
Revenue Next 2Y-2.5%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
FCBC is valuated correctly with a Price/Earnings ratio of 12.14.
Compared to the rest of the industry, the Price/Earnings ratio of FCBC indicates a slightly more expensive valuation: FCBC is more expensive than 68.61% of the companies listed in the same industry.
FCBC is valuated cheaply when we compare the Price/Earnings ratio to 25.20, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 13.61, which indicates a correct valuation of FCBC.
FCBC's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. FCBC is more expensive than 68.86% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.60, FCBC is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.14 | ||
| Fwd PE | 13.61 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FCBC is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.33 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
FCBC's earnings are expected to decrease with -7.53% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)3.22
EPS Next 2Y-7.53%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FCBC has a Yearly Dividend Yield of 3.50%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.92, FCBC has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.45, FCBC pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.5% |
5.2 History
The dividend of FCBC decreases each year by -1.00%.
FCBC has paid a dividend for at least 10 years, which is a reliable track record.
FCBC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-1%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
43.92% of the earnings are spent on dividend by FCBC. This is a bit on the high side, but may be sustainable.
FCBC's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP43.92%
EPS Next 2Y-7.53%
EPS Next 3YN/A
FIRST COMMUNITY BANKSHARES
NASDAQ:FCBC (4/23/2024, 7:00:01 PM)
After market: 33.03 0 (0%)33.03
+0.22 (+0.67%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap610.06M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.5% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.14 | ||
| Fwd PE | 13.61 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)3.22
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.47% | ||
| ROE | 9.54% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 29.08% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-4.27%
EPS 3Y9.35%
EPS 5Y
EPS growth Q2Q
EPS Next Y-10.75%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)10.21%
Revenue growth 3Y6.06%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y