Revenue Update on First Community Bancshares Inc(NASDAQ:FCBC)

First Community Bancshares Inc(NASDAQ:FCBC) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 26, 2016. Company reported revenue of $28.72M. Analysts estimated a revenue of $29.66M. Earnings per share were $0.38. Analysts had estimated an EPS of $0.35.

First Community Bancshares Inc (FCBC) shares turned negative on Fridays trading session with the shares closing down -0.08 points or -0.35% at a volume of 46,341. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $23.17. The peak price level was also seen at $23.17 while the days lowest was $22.77. Finally the shares closed at $22.93. The 52-week high of the shares is $23.22 while the 52-week low is $15.79. According to the latest information available, the market cap of the company is $402 M.

Several Insider Transactions has been reported to the SEC. On Jun 6, 2016, Martyn A Pell (President-First Community Bank) sold 1,187 shares at $21.80 per share price.Also, On May 3, 2016, Gary R Mills (President) purchased 300 shares at $20.81 per share price.On Nov 30, 2015, Robert L Schumacher (General Counsel) sold 1,323 shares at $20.10 per share price, according to the Form-4 filing with the securities and exchange commission.

First Community Bancshares Inc. is a financial holding company. The Company provides commercial banking products and services through its wholly owned subsidiary First Community Bank. The Company is engaged in commercial and consumer banking lending activities wealth management and insurance services. Its services and products include demand deposit accounts savings and money market accounts certificates of deposit and individual retirement arrangements; commercial consumer real estate mortgage loans and lines of credit; various credit card debit card and automated teller machine card services; corporate and personal trust services; investment management services and life health and property and casualty insurance products. The Company also provides insurance services as well as wealth management and investment advice through its wholly owned subsidiaries.

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