Profit Fan

First Community Bancshares: To Wait Or Not To Wait

After falling 20% from its 52-week high, First Community Bancshares (NASDAQ:FCBC) is starting to look very attractive as its dividend yield has risen to 3.3%. This, in my opinion, is very important because I believe the bank is very misunderstood and that the stock will probably take a little more time to improve than most investors looking for capital appreciation typically want to spend.

With that said, below is my review of First Community Bancshares as it stands today.

  • Current market price - $14.70 per share
  • Current market cap - $270 million
  • Dividend yield - 3.3%

What the market sees

Since the beginning of 2012, First Community has completed two M&A deals that have helped the bank accumulate...

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