First Historical Income Statement

FCCO Stock

USD 25.05 0.11 0.44%

Historical analysis of First Community income statement accounts such as Selling General Administrative of 30.7 M or Total Revenue of 9.9 M can show how well First Community performed in making a profits. Evaluating First Community income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First Community's future profits or losses.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining First Community latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Community is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Community. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in First Stock, please use our How to Invest in First Community guide.

About First Income Statement Analysis

First Community Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First Community shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

First Community Income Statement Chart

At this time, First Community's Total Other Income Expense Net is very stable compared to the past year. As of the 24th of November 2024, Selling And Marketing Expenses is likely to grow to about 1.6 M, while Depreciation And Amortization is likely to drop about 150.1 K.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Selling And Marketing Expenses

Total Revenue

Total revenue comprises all receipts First Community generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of First Community minus its cost of goods sold. It is profit before First Community operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of First Community. It is also known as First Community overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from First Community's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First Community current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Community. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in First Stock, please use our How to Invest in First Community guide.At this time, First Community's Total Other Income Expense Net is very stable compared to the past year. As of the 24th of November 2024, Selling And Marketing Expenses is likely to grow to about 1.6 M, while Depreciation And Amortization is likely to drop about 150.1 K.

	2021	2022	2023	2024 (projected)
Interest Expense	2.2M	3.2M	23.8M	25.0M
Depreciation And Amortization	1.9M	1.8M	158K	150.1K

Interest Expense Depreciation And Amortization

First Community income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Net Income	Income Tax Expense	Income Before Tax	Total Other Income Expense Net	Selling And Marketing Expenses	Cost Of Revenue	Net Income From Continuing Ops	Non Recurring	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		-0.27	0.35	0.72	0.72	0.46	0.51	0.49	0.59	-0.31	0.51	0.44	0.5	-0.75	0.22	0.43	0.56	0.24	0.45	0.49	0.24	-0.55	-0.29
Interest Expense	-0.27		0.6	-0.49	-0.49	-0.64	0.34	0.05	0.02	0.6	0.35	0.31	0.35	0.59	0.65	0.57	0.21	0.32	0.24	0.47	0.65	0.02	0.92
Selling General Administrative	0.35	0.6		0.37	0.37	0.12	0.81	0.67	0.69	-0.16	0.92	0.88	0.92	0.05	0.97	0.83	0.82	0.78	0.69	0.87	0.81	-0.38	0.55
Total Revenue	0.72	-0.49	0.37		1.0	0.88	0.46	0.75	0.78	-0.81	0.57	0.58	0.56	-0.56	0.27	0.21	0.59	0.41	0.4	0.34	0.08	-0.37	-0.51
Gross Profit	0.72	-0.49	0.37	1.0		0.89	0.45	0.74	0.78	-0.81	0.57	0.58	0.56	-0.55	0.27	0.22	0.59	0.41	0.41	0.34	0.08	-0.38	-0.51
Other Operating Expenses	0.46	-0.64	0.12	0.88	0.89		0.06	0.52	0.54	-0.95	0.25	0.36	0.26	-0.38	0.04	-0.08	0.26	0.25	0.14	-0.01	-0.23	-0.18	-0.64
Operating Income	0.51	0.34	0.81	0.46	0.45	0.06		0.63	0.66	-0.11	0.93	0.75	0.92	-0.34	0.78	0.81	0.95	0.65	0.76	0.93	0.79	-0.52	0.33
Ebit	0.49	0.05	0.67	0.75	0.74	0.52	0.63		0.99	-0.45	0.78	0.8	0.77	-0.23	0.59	0.33	0.73	0.6	0.56	0.56	0.44	-0.38	0.04
Ebitda	0.59	0.02	0.69	0.78	0.78	0.54	0.66	0.99		-0.45	0.8	0.82	0.8	-0.31	0.59	0.38	0.76	0.59	0.59	0.59	0.45	-0.44	0.0
Total Operating Expenses	-0.31	0.6	-0.16	-0.81	-0.81	-0.95	-0.11	-0.45	-0.45		-0.28	-0.36	-0.29	0.35	-0.1	0.04	-0.31	-0.3	-0.17	-0.04	0.16	0.17	0.55
Net Income	0.51	0.35	0.92	0.57	0.57	0.25	0.93	0.78	0.8	-0.28		0.91	1.0	-0.21	0.89	0.8	0.96	0.77	0.8	0.9	0.77	-0.56	0.33
Income Tax Expense	0.44	0.31	0.88	0.58	0.58	0.36	0.75	0.8	0.82	-0.36	0.91		0.93	-0.08	0.87	0.67	0.84	0.79	0.86	0.79	0.66	-0.56	0.29
Income Before Tax	0.5	0.35	0.92	0.56	0.56	0.26	0.92	0.77	0.8	-0.29	1.0	0.93		-0.21	0.9	0.8	0.96	0.79	0.83	0.91	0.77	-0.58	0.33
Total Other Income Expense Net	-0.75	0.59	0.05	-0.56	-0.55	-0.38	-0.34	-0.23	-0.31	0.35	-0.21	-0.08	-0.21		0.16	-0.04	-0.36	0.04	-0.26	-0.24	0.01	0.49	0.5
Selling And Marketing Expenses	0.22	0.65	0.97	0.27	0.27	0.04	0.78	0.59	0.59	-0.1	0.89	0.87	0.9	0.16		0.83	0.8	0.83	0.7	0.85	0.82	-0.37	0.62
Cost Of Revenue	0.43	0.57	0.83	0.21	0.22	-0.08	0.81	0.33	0.38	0.04	0.8	0.67	0.8	-0.04	0.83		0.77	0.59	0.68	0.9	0.84	-0.44	0.54
Net Income From Continuing Ops	0.56	0.21	0.82	0.59	0.59	0.26	0.95	0.73	0.76	-0.31	0.96	0.84	0.96	-0.36	0.8	0.77		0.76	0.81	0.92	0.78	-0.58	0.27
Non Recurring	0.24	0.32	0.78	0.41	0.41	0.25	0.65	0.6	0.59	-0.3	0.77	0.79	0.79	0.04	0.83	0.59	0.76		0.58	0.71	0.67	-0.19	0.39
Tax Provision	0.45	0.24	0.69	0.4	0.41	0.14	0.76	0.56	0.59	-0.17	0.8	0.86	0.83	-0.26	0.7	0.68	0.81	0.58		0.81	0.66	-0.77	0.28
Net Interest Income	0.49	0.47	0.87	0.34	0.34	-0.01	0.93	0.56	0.59	-0.04	0.9	0.79	0.91	-0.24	0.85	0.9	0.92	0.71	0.81		0.93	-0.53	0.53
Interest Income	0.24	0.65	0.81	0.08	0.08	-0.23	0.79	0.44	0.45	0.16	0.77	0.66	0.77	0.01	0.82	0.84	0.78	0.67	0.66	0.93		-0.3	0.77
Reconciled Depreciation	-0.55	0.02	-0.38	-0.37	-0.38	-0.18	-0.52	-0.38	-0.44	0.17	-0.56	-0.56	-0.58	0.49	-0.37	-0.44	-0.58	-0.19	-0.77	-0.53	-0.3		0.03
Extraordinary Items	-0.29	0.92	0.55	-0.51	-0.51	-0.64	0.33	0.04	0.0	0.55	0.33	0.29	0.33	0.5	0.62	0.54	0.27	0.39	0.28	0.53	0.77	0.03

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First Community Account Relationship Matchups

First Community income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	523K	2M	1.9M	1.8M	158K	150.1K
Interest Expense	5.8M	3.8M	2.2M	3.2M	23.8M	25.0M
Selling General Administrative	21.3M	24.4M	25.1M	25.8M	29.2M	30.7M
Total Revenue	48.9M	53.8M	59.0M	59.5M	10.4M	9.9M
Gross Profit	48.9M	53.8M	59.0M	59.5M	10.4M	9.9M
Other Operating Expenses	35.0M	41.2M	39.4M	37.9M	1.5M	1.4M
Operating Income	13.8M	12.6M	19.6M	21.6M	15.0M	15.8M
Ebit	13.8M	12.6M	19.6M	18.4M	15.0M	10.5M
Ebitda	14.4M	14.6M	21.6M	20.2M	15.0M	11.3M
Total Operating Expenses	(35.0M)	(41.2M)	(39.4M)	(37.9M)	1.5M	1.4M
Net Income	11.0M	10.1M	15.5M	14.6M	11.8M	12.4M
Income Tax Expense	2.9M	2.5M	4.2M	3.8M	3.2M	3.4M
Income Before Tax	13.8M	12.6M	19.6M	18.4M	15.0M	15.8M
Total Other Income Expense Net	13.8M	(8.2M)	(9.1M)	(10.3M)	15.0M	15.8M
Selling And Marketing Expenses	1.1M	1.0M	1.2M	1.3M	1.5M	1.6M
Net Income Applicable To Common Shares	11.0M	10.1M	15.5M	14.6M	16.8M	17.6M
Net Income From Continuing Ops	11.0M	10.1M	15.5M	14.6M	11.8M	9.3M
Tax Provision	2.9M	2.5M	4.2M	3.8M	3.2M	3.3M
Net Interest Income	36.8M	40.0M	45.3M	47.9M	48.9M	41.0M
Interest Income	42.6M	43.8M	47.5M	51.1M	72.7M	47.4M
Reconciled Depreciation	2.1M	2M	201K	158K	1.9M	1.2M

Pair Trading with First Community

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Community position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Community will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

0.85	AX	Axos Financial	Pair Corr
0.84	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.87	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr

Moving against First Stock

0.51	WF	Woori Financial Group	Pair Corr
0.47	TFC-PO	Truist Financial	Pair Corr
0.46	CFG-PE	Citizens Financial	Pair Corr
0.45	TFC-PR	Truist Financial	Pair Corr

The ability to find closely correlated positions to First Community could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Community when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Community - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Community to buy it.

The correlation of First Community is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Community moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Community moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for First Community can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether First Community 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 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Community Stock:

How To Invest In First

Details

Is First Stock a good investment?

Details

What is First Community's Net Worth?

Details

Largest Regional Banks Companies

View

Largest Banks - Regional Companies

View

To learn how to invest in First Stock, please use our How to Invest in First Community guide.

You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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

1.174

Dividend Share

0.58

Earnings Share

1.69

Revenue Per Share

8.25

Quarterly Revenue Growth

0.26

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 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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First Historical Income Statement

About First Income Statement Analysis

First Community Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

First Community income statement Correlations

First Community Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Community income statement Accounts

Pair Trading with First Community

Moving together with First Stock

Moving against First Stock

COMMON DESTINATIONS

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Gross Profit	+ 1.0	Total Revenue
Income Before Tax	+ 1.0	Net Income
Ebitda	+ 0.99	Ebit
Selling And Marketing Expenses	+ 0.97	Selling General Administrative
Net Income From Continuing Ops	+ 0.96	Net Income
Net Income From Continuing Ops	+ 0.96	Income Before Tax

Total Operating Expenses	- 0.95	Other Operating Expenses
Total Operating Expenses	- 0.81	Gross Profit
Total Operating Expenses	- 0.81	Total Revenue
Reconciled Depreciation	- 0.77	Tax Provision
Total Other Income Expense Net	- 0.75	Depreciation And Amortization
Extraordinary Items	- 0.64	Other Operating Expenses