First Tax Provision from 2010 to 2024

FCBC Stock  USD 46.17  0.47  1.01%   
First Community's Tax Provision is increasing over the years with slightly volatile fluctuation. Overall, Tax Provision is expected to go to about 14.4 M this year. Tax Provision is the amount set aside by First Community Bancshares to cover any estimated taxes for the current period. It reflects First Community's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-12-31
Previous Quarter
3.6 M
Current Value
3.5 M
Quarterly Volatility
655.4 K
 
Covid
Check First Community financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Community's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6 M, Interest Expense of 9 M or Selling General Administrative of 35 M, as well as many indicators such as Price To Sales Ratio of 5.04, Dividend Yield of 0.0372 or PTB Ratio of 1.61. First financial statements analysis is a perfect complement when working with First Community Valuation or Volatility modules.
  
Check out the analysis of First Community Correlation against competitors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.

Latest First Community's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of First Community Bancshares over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. First Community's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Community's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

First Tax Provision Regression Statistics

Arithmetic Mean12,591,814
Geometric Mean12,342,341
Coefficient Of Variation22.24
Mean Deviation2,010,444
Median11,381,000
Standard Deviation2,800,402
Sample Variance7.8T
Range11.8M
R-Value0.31
Mean Square Error7.6T
R-Squared0.1
Significance0.26
Slope194,548
Total Sum of Squares109.8T

First Tax Provision History

202414.4 M
202314 M
202213.5 M
202115.4 M
202010.2 M
201911 M
20188.8 M

About First Community Financial Statements

First Community stakeholders use historical fundamental indicators, such as First Community's Tax Provision, to determine how well the company is positioned to perform in the future. Although First Community investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Community's assets and liabilities are reflected in the revenues and expenses on First Community's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in First Community Bancshares. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision14 M14.4 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether First Community Banc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Community's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Community Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Community Bancshares Stock:
Check out the analysis of First Community Correlation against competitors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Regional Banks space 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
(0.09)
Dividend Share
1.2
Earnings Share
2.74
Revenue Per Share
8.864
Quarterly Revenue Growth
(0.03)
The market value of First Community Banc 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 if First Community is a good investment 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.