First Community Net Income vs. Return On Asset
| FCBC Stock | USD 46.82 1.06 2.32% |
Net Income | First Reported 1996-06-30 | Previous Quarter 12.7 M | Current Value 13 M | Quarterly Volatility 5.4 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Net Profit Margin | 0.35 | 0.3056 |
|
| |||||
| Operating Profit Margin | 0.0342 | 0.036 |
|
| |||||
| Pretax Profit Margin | 0.5 | 0.3944 |
|
| |||||
| Return On Assets | 0.0127 | 0.0147 |
|
| |||||
| Return On Equity | 0.11 | 0.0954 |
|
|
For First Community profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First Community to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First Community Bancshares utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First Community's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First Community Bancshares over time as well as its relative position and ranking within its peers.
First |
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.
First Community Banc Return On Asset vs. Net Income Fundamental Analysis
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. First Community Bancshares is rated below average in net income category among its peers. It is one of the top stocks in return on asset category among its peers . The ratio of Net Income to Return On Asset for First Community Bancshares is about 3,098,064,516 . At present, First Community's Net Income is projected to increase significantly based on the last few years of reporting. 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 Return On Asset vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
First Community |
| = | 48.02 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
First Community |
| = | 0.0155 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
First Return On Asset Comparison
First Community is currently under evaluation in return on asset category among its peers.
First Community Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in First Community, profitability is also one of the essential criteria for including it into their portfolios because, without profit, First Community will eventually generate negative long term returns. The profitability progress is the general direction of First Community's change in net profit over the period of time. It can combine multiple indicators of First Community, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -11 M | -10.4 M | |
| Operating Income | 82.6 M | 86.8 M | |
| Income Before Tax | 62 M | 36 M | |
| Total Other Income Expense Net | -20.7 M | -19.6 M | |
| Net Income | 48 M | 26.3 M | |
| Income Tax Expense | 14 M | 9.8 M | |
| Net Income Applicable To Common Shares | 53.7 M | 29.7 M | |
| Net Income From Continuing Ops | 48 M | 36 M | |
| Net Interest Income | 127.7 M | 108.6 M | |
| Interest Income | 137.2 M | 116.1 M | |
| Change To Netincome | 8.1 M | 9 M | |
| Net Income Per Share | 2.67 | 2.80 | |
| Income Quality | 1.29 | 1.44 | |
| Net Income Per E B T | 0.77 | 1.19 |
First Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on First Community. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of First Community position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the First Community's important profitability drivers and their relationship over time.
Use First Community in pair-trading
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.First Community Pair Trading
First Community Bancshares Pair Trading Analysis
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 Bancshares 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 Banc 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.Use Investing Themes to Complement your First Community position
In addition to having First Community in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Manufacturing Thematic Idea Now
Manufacturing
Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production. The Manufacturing theme has 20 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Manufacturing Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Investing Opportunities. For information on how to trade First Stock refer to our How to Trade First Stock guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
To fully project First Community's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of First Community Banc at a specified time, usually calculated after every quarter, six months, or one year. 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.