- Increased cash dividend to $0.15 per common share, which is the 90th consecutive quarter of cash dividends paid to common shareholders.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/25/2024 | $21.00 | Mkt Perform → Outperform | Raymond James |
| 7/6/2023 | Mkt Perform | Raymond James | |
| 1/20/2022 | Outperform → Market Perform | Raymond James | |
| 7/22/2021 | $21.00 → $23.00 | Outperform | Raymond James |
Raymond James upgraded First Community from Mkt Perform to Outperform and set a new price target of $21.00
Raymond James resumed coverage of First Community with a rating of Mkt Perform
Raymond James downgraded First Community from Outperform to Market Perform
Increased cash dividend to $0.15 per common share, which is the 90th consecutive quarter of cash dividends paid to common shareholders.
First Community (NASDAQ:FCCO) reported quarterly earnings of $0.42 per share which beat the analyst consensus estimate of $0.36 by 16.67 percent. This is a 2.33 percent decrease over earnings of $0.43 per share from the same period last year. The company reported quarterly sales of $16.33 million which beat the analyst consensus estimate of $15.52 million by 5.22 percent. This is a 7.52 percent increase over sales of $15.19 million the same period last year.
Highlights for Third Quarter of 2024 Net income of $3.861 million.Diluted EPS of $0.50 per common share for the quarter and $1.26 year-to-date through September 30, 2024.Total loans increased during the third quarter by $7.5 million, a 2.5% annualized growth rate. Year-to-date through September 30, 2024, total loans increased $62.6 million, a 7.4% annualized growth rate.Total deposits increased during the third quarter by $39.5 million, an annualized growth rate of 9.8%. Year-to-date through September 30, 2024, total deposits increased $133.1 million, an 11.8% annualized growth rate. Customer deposits (total deposits excluding brokered CDs) increased during the third quarter by $60.0 million
Highlights for Second Quarter of 2024 Net income of $3.265 million during the second quarter of 2024, an increase of 25.7% on a linked quarter basis, and $5.862 million through June 30, 2024.Diluted EPS of $0.42 per common share for the second quarter of 2024 and $0.76 through June 30, 2024, an increase of 23.5% on a linked quarter basis.Net interest margin on a tax equivalent basis of 2.93% with margin expansion of 14 basis points during the second quarter of 2024 compared to the first quarter of 2024.Total loans increased by $31.9 million during the second quarter of 2024, an annualized growth rate of 11.1%.Total deposits were $1.605 billion and customer deposits (excludes brokered CDs) we
LEXINGTON, S.C., April 17, 2024 /PRNewswire/ -- Highlights for First Quarter 2024 Net income of $2.597 million.Diluted EPS of $0.34 per common share.Total deposits were $1.578 billion and customer deposits (excludes brokered CDs) were $1.518 billion at March 31, 2024. Customer deposit growth was $54.7 million during the quarter, a 15.0% annualized growth rate.Total loan growth of $23.3 million during the quarter, an 8.3% annualized growth rate.Key credit quality metrics continue to be excellent with net charge-offs, including overdrafts, during the first quarter of 2024 of $2
8-K - FIRST COMMUNITY CORP /SC/ (0000932781) (Filer)
8-K - FIRST COMMUNITY CORP /SC/ (0000932781) (Filer)
8-K - FIRST COMMUNITY CORP /SC/ (0000932781) (Filer)
SC 13G/A - FIRST COMMUNITY CORP /SC/ (0000932781) (Subject)
SC 13G/A - FIRST COMMUNITY CORP /SC/ (0000932781) (Subject)
SC 13G - FIRST COMMUNITY CORP /SC/ (0000932781) (Subject)
4 - FIRST COMMUNITY CORP /SC/ (0000932781) (Issuer)
4 - FIRST COMMUNITY CORP /SC/ (0000932781) (Issuer)
4 - FIRST COMMUNITY CORP /SC/ (0000932781) (Issuer)
Highlights for Third Quarter of 2024 Net income of $3.861 million.Diluted EPS of $0.50 per common share for the quarter and $1.26 year-to-date through September 30, 2024.Total loans increased during the third quarter by $7.5 million, a 2.5% annualized growth rate. Year-to-date through September 30, 2024, total loans increased $62.6 million, a 7.4% annualized growth rate.Total deposits increased during the third quarter by $39.5 million, an annualized growth rate of 9.8%. Year-to-date through September 30, 2024, total deposits increased $133.1 million, an 11.8% annualized growth rate. Customer deposits (total deposits excluding brokered CDs) increased during the third quarter by $60.0 million
Highlights for Second Quarter of 2024 Net income of $3.265 million during the second quarter of 2024, an increase of 25.7% on a linked quarter basis, and $5.862 million through June 30, 2024.Diluted EPS of $0.42 per common share for the second quarter of 2024 and $0.76 through June 30, 2024, an increase of 23.5% on a linked quarter basis.Net interest margin on a tax equivalent basis of 2.93% with margin expansion of 14 basis points during the second quarter of 2024 compared to the first quarter of 2024.Total loans increased by $31.9 million during the second quarter of 2024, an annualized growth rate of 11.1%.Total deposits were $1.605 billion and customer deposits (excludes brokered CDs) we
LEXINGTON, S.C., April 17, 2024 /PRNewswire/ -- Highlights for First Quarter 2024 Net income of $2.597 million.Diluted EPS of $0.34 per common share.Total deposits were $1.578 billion and customer deposits (excludes brokered CDs) were $1.518 billion at March 31, 2024. Customer deposit growth was $54.7 million during the quarter, a 15.0% annualized growth rate.Total loan growth of $23.3 million during the quarter, an 8.3% annualized growth rate.Key credit quality metrics continue to be excellent with net charge-offs, including overdrafts, during the first quarter of 2024 of $2
4 - FIRST COMMUNITY CORP /SC/ (0000932781) (Issuer)