First Community (FCCO) AI Stock Analysis

• Market Cap: $178.60M
• Dividend Yield: 2.54%
• Average Volume (3M): 24.52K
• Price to Earnings (P/E): 11.7
• Beta (1Y): 0.74
• Revenue Growth: 19.34%
• EPS Growth: 38.80%
• Country: US
• Employees: 260
• Sector: Financial
• Sector Strength: 81
• Industry: Banks - Regional
• EPS (TTM): 0.51
• Shares Outstanding: 7,681,601
• 10 Day Avg. Volume: 23,124
• 30 Day Avg. Volume: 24,519
• PEG Ratio: 1.21
• Price to Book (P/B): 0.09
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 18.83
• Enterprise Value/Market Cap: 0.89
• Enterprise Value/Revenue: 0.49
• Enterprise Value/Gross Profit: 3.32
• Enterprise Value/Ebitda: 3.00
• 1Y Price Target: $30.00
• Price Target Upside: 26.32% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 72 Outperform
• Price Target: ―

First Community demonstrates strong financial performance with high profitability and a solid balance sheet, which significantly contributes to its stock score. Technical analysis indicates moderate positive momentum, although there are mixed signals regarding long-term trends. Valuation is reasonable, with a fair P/E ratio and a decent dividend yield. The overall score reflects the company's strengths in financial health and fair valuation, while technical indicators suggest some caution in the short term.

First Community Business Overview & Revenue Model

Company Description

First Community Corporation operates as the bank holding company for First Community Bank which offers various commercial and retail banking products and services to small-to-medium sized businesses, professional concerns, and individuals. The company operates through Commercial and Retail Banking, Mortgage Banking, and Investment Advisory and Non-Deposit segments. Its deposit products include checking, NOW, savings, and individual retirement accounts; and demand deposits, as well as other time deposits, such as daily money market accounts and longer-term certificates of deposit. The company's loan portfolio comprises commercial loans that consist of secured and unsecured loans for working capital, business expansion, and the purchase of equipment and machinery; consumer loans, including secured and unsecured loans for financing automobiles, home improvements, education, and personal investments; real estate construction and acquisition loans; and fixed and variable rate mortgage loans. It also provides other banking services, which include online banking, internet banking, cash management, safe deposit boxes, travelers checks, direct deposit of payroll and social security checks, and automatic drafts for various accounts. In addition, the company offers non-deposit investment products and other investment brokerage services; VISA and MasterCard credit card services; investment advisory services; and insurance services. It operates 21 full-service offices located in the Lexington County, Richland County, Newberry County, Kershaw County, Greenville County, Anderson County, Pickens County, and Aiken County, South Carolina; and Richmond County and Columbia County, Georgia. The company was incorporated in 1994 and is headquartered in Lexington, South Carolina.

How the Company Makes Money

First Community Corporation generates revenue through interest income obtained from loans and mortgages, which constitutes a significant portion of its income. The company also earns money through fees associated with its banking services, including account maintenance fees, transaction fees, and service charges on deposit accounts. Additionally, FCCO derives income from investment services, whereby it offers wealth management and financial planning solutions. Partnerships with local businesses and participation in community development projects further enhance its revenue streams by fostering business growth and customer loyalty.

First Community Financial Statement Overview

Summary

Overall, First Community exhibits strong financial health, with high profitability margins and a solid balance sheet. The company maintains a low leverage level, reducing financial risk. However, some variability in revenue growth and free cash flow poses potential challenges for sustained growth. Continued focus on improving cash flow consistency could enhance the company's financial position further.

Income Statement

The company shows a robust performance in revenue and profitability. The gross profit margin remains consistently high, indicating effective cost management. The net profit margin is strong, reflecting solid bottom-line profitability. However, the revenue growth rate has fluctuated slightly, suggesting some variability in income generation.

Balance Sheet

First Community maintains a solid balance sheet with a favorable equity ratio, indicating a strong capital structure. The debt-to-equity ratio is low, reflecting minimal leverage and reduced financial risk. However, the return on equity has shown some variability, which could indicate challenges in maximizing shareholder returns.

Cash Flow

The cash flow situation is stable, with positive operating cash flow indicating efficient cash generation from operations. While free cash flow is positive, the growth rate has been inconsistent, potentially impacting long-term investment capabilities. The operating cash flow to net income ratio suggests strong cash conversion, though free cash flow to net income has room for improvement.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
61.14M	58.06M	59.51M	59.01M	53.79M
	Gross Profit
61.14M	58.06M	59.51M	59.01M	53.79M
	EBIT
21.20K	15.04M	21.59M	19.65M	12.60M
	EBITDA
0.00	16.96M	20.23M	21.56M	14.60M
	Net Income Common Stockholders
13.96M	11.84M	14.61M	15.46M	10.10M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
305.95M	94.69M	369.26M	633.86M	424.86M
	Total Assets
1.96B	1.83B	1.67B	1.58B	1.40B
	Total Debt
17.61M	108.39M	67.80M	17.91M	18.08M
	Net Debt
-132.22M	13.70M	30.39M	-51.11M	-46.91M
	Total Liabilities
1.81B	1.70B	1.55B	17.91M	18.08M
	Stockholders Equity
144.49M	131.06M	118.36M	141.00M	136.34M
Cash Flow		Free Cash Flow
9.77M	11.15M	20.90M	57.12M	-18.13M
	Operating Cash Flow
10.87M	12.23M	22.13M	57.93M	-17.05M
	Investing Cash Flow
-67.63M	-89.67M	-162.78M	-236.28M	-171.52M
	Financing Cash Flow
111.89M	134.74M	109.03M	182.38M	205.87M

First Community Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 23.75
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FCCO, the sentiment is Positive. The current price of 23.75 is below the 20-day moving average (MA) of 23.86, above the 50-day MA of 22.69, and above the 200-day MA of 23.12, indicating a neutral trend. The MACD of 0.23 indicates Positive momentum. The RSI at 54.10 is Neutral, neither overbought nor oversold. The STOCH value of 11.20 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FCCO.

First Community Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WNEB	77 Outperform	$189.71M	17.35	4.65%	3.06%	8.70%	-10.56%
ISTR	74 Outperform	$189.61M	8.77	9.12%	2.22%	6.42%	24.08%
FCCO	72 Outperform	$178.60M	11.71	10.83%	2.54%	19.34%	38.80%
OPBK	69 Neutral	$190.81M	9.06	10.40%	3.88%	12.70%	1.31%
BCBP	65 Neutral	$140.22M	54.03	1.40%	8.01%	-5.71%	-90.24%
Sector *	64 Neutral	$12.67B	9.74	7.58%	17015.08%	12.21%	-6.96%
NKSH	60 Neutral	$164.62M	18.98	5.66%	5.71%	16.35%	-39.77%

First Community Corporate Events

First Community Holds Annual Shareholder Meeting

On May 21, 2025, First Community Corporation held its annual shareholder meeting, where key decisions were made, including the election of board members, approval of executive compensation policies, and an increase in shares for the equity incentive plan. The shareholders also ratified the appointment of Elliott Davis, LLC as the independent registered public accountants for the fiscal year ending December 31, 2025, reflecting a strategic alignment with the company’s growth and governance objectives.

The most recent analyst rating on (FCCO) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on First Community stock, see the FCCO Stock Forecast page.

First Community Announces $7.5M Stock Repurchase Plan

On May 9, 2025, First Community Corporation announced a plan to repurchase up to $7.5 million of its common stock, representing about 5% of total shareholders’ equity as of March 31, 2025. This move, which allows for flexibility in timing and method of repurchase, aims to provide capital management opportunities, though the company is not obligated to repurchase any shares and may alter the plan through May 8, 2026.