First Community Financials

FCCO Stock

USD 20.26 0.18 0.90%

As of 27th of March 2023, Net Income Per Employee is likely to grow to about 60.1 K, while Revenue Per Employee is likely to drop about 203.6 K.

With this module, you can analyze First financials for your investing period. You should be able to track the changes in First Community individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

First Most Recent Estimates

Quarterly Earnings Growth

0.017

EPS Estimate Next Quarter

0.51

Diluted Eps

1.94

EPS Estimate Current Year

2.06

EPS Estimate Next Year

2.08

Understanding current and past First Community Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First Community's financial statements are interrelated, with each one affecting the others. For example, an increase in First Community's assets may result in an increase in income on the income statement.

The financial analysis of First Community is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for First Community includes many different criteria found on its balance sheet. For example, investors should never minimize First Community's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor First Community's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in First Community.

Cash and Equivalents

39.81 Million

Evaluating First Community's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of First Community's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the First Community's relative financial performance

Chance Of Distress

Less than 13

First Community has less than 13 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for First Community stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.

Please note, First Community's odds of distress score SHOULD NOT be confused with the real chance of First Community filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as First is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include First Community's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.

The data published in First Community's official financial statements usually reflect First Community's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of First Community. For example, before you start analyzing numbers published by First accountants, it's critical to develop an understanding of what First Community's liquidity, profitability, and earnings quality are in the context of the Banks space in which it operates.

Please note, the presentation of First Community's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, First Community's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in First Community's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of First Community. Please utilize our Beneish M Score to check the likelihood of First Community's management to manipulate its earnings.

First Community Company Summary

First Community competes with Affinity Bancshares. First Community Corporation operates as the bank holding company for First Community Bank which offers various commercial and retail banking products and services to small-to-medium sized businesses, professional concerns, and individuals. The company was incorporated in 1994 and is headquartered in Lexington, South Carolina. First Community operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 247 people.

Specialization	Financial Services, Banks-Regional
Instrument	USA Stock View All
Exchange	NASDAQ Exchange
CIK Number	0000932781
ISIN	US3198351047
CUSIP	319835104
Region	North America
Location	South Carolina; U.S.A
Business Address	5455 Sunset Boulevard,
Sector	Banks
Industry	Financials
Benchmark	NYSE Composite
Website	www.firstcommunitysc.com
Phone	803 951 2265
Currency	USD - US Dollar

You should never invest in First Community without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of First Stock, because this is throwing your money away. Analyzing the key information contained in First Community's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

First Community Key Financial Ratios

Generally speaking, First Community's financial ratios allow both analysts and investors to convert raw data from First Community's financial statements into concise, actionable information that can be used to evaluate the performance of First Community over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that First Community reports annually and quarterly.

	Return On Asset	0.009 %
	Profit Margin	0.24 %
	Price to Earning	13.38 X

More Fundamentals

First Community Key Balance Sheet Accounts

	2018	2019	2020	2021	2022	2023 (projected)
Accumulated Other Comprehensive Income	(2.33 M)	2.49 M	11.29 M	3.28 M	(32.39 M)	(33.24 M)
Total Assets	1.09 B	1.17 B	1.4 B	1.58 B	1.67 B	1.5 B
Cash and Equivalents	32.27 M	47.69 M	64.99 M	69.02 M	37.4 M	39.81 M
Cash and Equivalents USD	32.27 M	47.69 M	64.99 M	69.02 M	37.4 M	39.81 M
Total Debt	43.22 M	51.74 M	58.99 M	72.13 M	158.54 M	171.06 M
Total Debt USD	43.22 M	51.74 M	58.99 M	72.13 M	158.54 M	171.06 M
Deposit Liabilities	925.52 M	988.2 M	1.19 B	1.36 B	1.39 B	1.25 B
Shareholders Equity	112.5 M	120.19 M	136.34 M	141 M	118.36 M	118.94 M
Shareholders Equity USD	112.5 M	120.19 M	136.34 M	141 M	118.36 M	118.94 M
Goodwill and Intangible Assets	16.64 M	16.12 M	15.76 M	15.56 M	15.4 M	14.29 M
Investments	971.44 M	1.03 B	1.24 B	1.43 B	1.54 B	1.36 B
Total Liabilities	979.1 M	1.05 B	1.26 B	1.44 B	1.55 B	1.38 B
Property Plant and Equipment Net	34.99 M	38.81 M	38.08 M	35.67 M	33.98 M	36.09 M
Accumulated Retained Earnings Deficit	12.26 M	19.93 M	26.45 M	38.33 M	49.02 M	52.9 M

First Community Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what First Community's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.

	2018	2019	2020	2021	2022	2023 (projected)
Consolidated Income	11.23 M	10.97 M	10.1 M	15.46 M	14.61 M	12.65 M
Earning Before Interest and Taxes EBIT	13.92 M	13.83 M	12.6 M	19.65 M	18.41 M	16.15 M
Earning Before Interest and Taxes USD	13.92 M	13.83 M	12.6 M	19.65 M	18.41 M	16.15 M
Gross Profit	46.05 M	48.45 M	50.13 M	58.85 M	59.66 M	55.15 M
Net Income	11.23 M	10.97 M	10.1 M	15.46 M	14.61 M	12.65 M
Net Income Common Stock	11.23 M	10.97 M	10.1 M	15.46 M	14.61 M	12.61 M
Net Income Common Stock USD	11.23 M	10.97 M	10.1 M	15.46 M	14.61 M	12.61 M
Operating Expenses	32.12 M	34.62 M	37.53 M	39.2 M	41.25 M	38.99 M
Operating Income	13.92 M	13.83 M	12.6 M	19.65 M	18.41 M	16.15 M
Revenues	46.05 M	48.45 M	50.13 M	58.85 M	59.66 M	55.15 M
Revenues USD	46.05 M	48.45 M	50.13 M	58.85 M	59.66 M	55.15 M
Selling General and Administrative Expense	24.33 M	26.56 M	29.02 M	29.91 M	30.96 M	29.39 M
Weighted Average Shares	7.63 M	7.42 M	7.49 M	7.54 M	7.57 M	7.93 M
Weighted Average Shares Diluted	7.73 M	7.59 M	7.48 M	7.55 M	6.79 M	6.16 M
Income Tax Expense	2.69 M	2.86 M	2.5 M	4.18 M	3.8 M	3.5 M

First Community Key Cash Accounts

Cash flow analysis captures how much money flows into and out of First Community. It measures of how well First is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money First Community brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money First had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what First Community has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.

	2018	2019	2020	2021	2022	2023 (projected)
Capital Expenditure	(320 K)	(2.49 M)	(1.09 M)	620 K	(183 K)	(197.45 K)
Depreciation Amortization and Accretion	2.08 M	2.12 M	2 M	1.92 M	1.82 M	1.93 M
Net Cash Flow or Change in Cash and Cash Equivalents	1.68 M	15.42 M	17.3 M	4.03 M	(31.62 M)	(32.45 M)
Issuance Purchase of Equity Shares	362 K	(5.07 M)	376 K	414 K	1.86 M	2.01 M
Issuance Repayment of Debt Securities	(5.27 M)	5.25 M	7.41 M	13.3 M	86.53 M	93.36 M
Payment of Dividends and Other Cash Distributions	(3.03 M)	(3.31 M)	(3.57 M)	(3.59 M)	(3.91 M)	(4.22 M)
Net Cash Flow from Financing	29.52 M	59.87 M	205.87 M	182.38 M	109.03 M	95.45 M
Net Cash Flow from Investing	(47.81 M)	(49.2 M)	(171.52 M)	(236.28 M)	(162.78 M)	(167.06 M)
Net Cash Flow Investment Acquisitions and Disposals	(47.49 M)	(46.7 M)	(170.43 M)	(236.05 M)	(162.6 M)	(166.87 M)
Net Cash Flow from Operations	19.97 M	4.83 M	(17.05 M)	57.93 M	22.12 M	20.07 M

First Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining First Community's current stock value. Our valuation model uses many indicators to compare First Community value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Community competition to find correlations between indicators driving First Community's intrinsic value. More Info.

First Community is one of the top stocks in shares owned by institutions category among related companies. It is one of the top stocks in target price category among related companies fabricating about 0.45 of Target Price per Shares Owned by Institutions. The ratio of Shares Owned by Institutions to Target Price for First Community is roughly 2.23 . Comparative valuation analysis is a catch-all model that can be used if you cannot value First Community by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for First Community's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the First Community's earnings, one of the primary drivers of an investment's value.

First Community Systematic Risk

First Community's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First Community volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.

The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on First Community correlated with the market. If Beta is less than 0 First Community generally moves in the opposite direction as compared to the market. If First Community Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Community is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Community is generally in the same direction as the market. If Beta > 1 First Community moves generally in the same direction as, but more than the movement of the benchmark.

About First Community Financials

What exactly are First Community Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include First Community's income statement, its balance sheet, and the statement of cash flows. Potential First Community investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although First Community investors may use each financial statement separately, they are all related. The changes in First Community's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Community's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze First Community Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as First Community is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of First has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

In summary, you can determine if First Community's financials are consistent with your investment objective using the following steps:

Review First Community's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
Study the cash flow inflows and outflows to understand First Community's liquidity and solvency.
Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
Compare First Community's financials to those of its peers to see how it stacks up and identify any potential red flags.
Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if First Community's stock is overvalued or undervalued.

Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to conduct additional research and seek professional advice.

First Community March 27, 2023 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of First Community help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Community. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Community based on widely used predictive technical indicators. In general, we focus on analyzing First Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Community's daily price indicators and compare them against related drivers.

	Downside Deviation	1.24
	Information Ratio	0.0213
	Maximum Drawdown	8.23
	Value At Risk	(1.56)
	Potential Upside	2.5

Check out Investing Opportunities. To learn how to invest in First Stock please use our How to Invest in First Community guide. Note that the First Community information on this page should be used as a complementary analysis to other First Community's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Transaction History module to view history of all your transactions and understand their impact on performance.

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When running First Community price analysis, check to measure First Community's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Community is operating at the current time. Most of First Community's value examination focuses on studying past and present price action to predict the probability of First Community's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move First Community's price. Additionally, you may evaluate how the addition of First Community to your portfolios can decrease your overall portfolio volatility.

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Is First Community's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Community. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Community listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.017

Dividend Share

0.53

Earnings Share

1.94

Revenue Per Share

7.924

Quarterly Revenue Growth

0.08

The market value of First Community is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Community's value that differs from its market value or its book value, called intrinsic value, which is First Community's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Community's market value can be influenced by many factors that don't directly affect First Community's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between First Community's value and its price as these two are different measures arrived at by different means. Investors typically determine First Community value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Community's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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First Community Financials

First Most Recent Estimates

Cash and Equivalents

39.81 Million

Chance Of Distress

Less than 13

First Community Company Summary

First Community Key Financial Ratios

First Community Key Balance Sheet Accounts

First Community Key Income Statement Accounts

First Community Key Cash Accounts

First Financial Ratios Relationships

First Community Systematic Risk

About First Community Financials

Steps to analyze First Community Financials for Investing

First Community March 27, 2023 Opportunity Range

Complementary Tools for First Stock analysis

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