First Community (FCCO) AI Stock Analysis

• Market Cap: $210.65M
• Dividend Yield: 2.22%
• Average Volume (3M): 27.56K
• Price to Earnings (P/E): 12.3
• Beta (1Y): 0.79
• Revenue Growth: 16.07%
• EPS Growth: 57.29%
• Country: US
• Employees: 260
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.67
• Shares Outstanding: 7,679,605
• 10 Day Avg. Volume: 23,900
• 30 Day Avg. Volume: 27,563
• PEG Ratio: 0.76
• Price to Book (P/B): 1.27
• Price to Sales (P/S): 1.86
• P/FCF Ratio: 18.70
• Enterprise Value/Market Cap: 1.32
• Enterprise Value/Revenue: 2.66
• Enterprise Value/Gross Profit: 4.10
• Enterprise Value/Ebitda: 8.57
• 1Y Price Target: $30.00
• Price Target Upside: 9.37% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 67 Neutral
• Price Target: $30.00 ▲(9.37% Upside)

First Community's stock score is primarily driven by its solid financial performance and attractive valuation. The company's consistent revenue growth and strong profitability margins are significant strengths. However, increased leverage and potential liquidity concerns are risks to monitor. The technical analysis shows mixed signals, with positive trends but weak momentum indicators.

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 generates revenue through several key streams. Primarily, the company earns interest income from loans issued to customers, including mortgages, personal loans, and business financing. Additionally, FCCO benefits from service fees associated with account maintenance, overdrafts, and various transaction fees. The bank also generates income from investment products and wealth management services offered to clients. Significant partnerships with local businesses and community organizations enhance FCCO's visibility and customer base, contributing to its overall earnings. Moreover, the company's focus on community engagement helps build trust and loyalty, fostering long-term relationships that lead to sustained revenue growth.

First Community Financial Statement Overview

Summary

First Community exhibits strong financial health with notable revenue growth and efficient margin management. The balance sheet suggests stability but highlights the need to manage leverage carefully. Cash flows are positive, with a strong conversion of net income to cash flow, though investment activities show some volatility.

Income Statement

First Community has shown strong revenue growth with an impressive trend from $53.77M in 2020 to $100.96M in TTM 2025. The gross profit margin remains robust at approximately 62.3% for TTM 2025, reflecting efficient cost management. The net profit margin has slightly decreased to 15.2% in TTM 2025 from 26.5% in 2021, indicating some pressure on net profitability despite revenue growth. EBIT and EBITDA margins have also shown consistent performance, highlighting operational efficiency.

Balance Sheet

The debt-to-equity ratio has increased to 0.98 in TTM 2025, suggesting higher leverage which could pose risks if not managed carefully. However, the equity ratio stands at 7.4%, indicating a relatively stable equity base. Return on equity is strong at 10.24% for TTM 2025, showcasing effective utilization of shareholder funds. The balance sheet reflects a mix of strengths in equity management and potential risks in rising leverage.

Cash Flow

Operating cash flow has shown resilience with a positive trend, reaching $12.61M in TTM 2025. Free cash flow has also increased, leading to a strong free cash flow to net income ratio of 0.75. However, volatility in investing cash flow, particularly large outflows, suggests potential risks in investment activities. Overall, the cash flow statement indicates a positive growth trajectory in operational cash flows, although investment activities require monitoring.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	104.98M	98.53M	78.33M	58.37M	57.25M	53.77M
Gross Profit	68.05M	60.34M	53.40M	55.34M	54.68M	46.36M
EBITDA	32.54M	19.63M	16.96M	20.23M	21.56M	14.60M
Net Income	17.28M	13.96M	11.84M	14.61M	15.46M	10.10M
Balance Sheet
Total Assets	2.05B	1.96B	1.83B	1.67B	1.58B	1.40B
Cash, Cash Equivalents and Short-Term Investments	24.87M	157.60M	376.92M	369.26M	633.86M	424.86M
Total Debt	121.11M	120.72M	171.25M	158.54M	72.13M	58.99M
Total Liabilities	1.89B	1.81B	1.70B	1.55B	1.44B	1.26B
Stockholders Equity	155.50M	144.49M	131.06M	118.36M	141.00M	136.34M
Cash Flow
Free Cash Flow	11.77M	9.77M	11.15M	20.90M	57.12M	-18.13M
Operating Cash Flow	12.66M	10.87M	12.23M	22.13M	57.93M	-17.05M
Investing Cash Flow	-81.19M	-67.63M	-89.67M	-162.78M	-236.28M	-171.52M
Financing Cash Flow	140.49M	111.89M	134.74M	109.03M	182.38M	205.87M

First Community Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 27.43
• 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 Neutral. The current price of 27.43 is below the 20-day moving average (MA) of 28.30, above the 50-day MA of 26.89, and above the 200-day MA of 24.45, indicating a neutral trend. The MACD of 0.23 indicates Positive momentum. The RSI at 42.70 is Neutral, neither overbought nor oversold. The STOCH value of 12.40 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FCCO.

First Community Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CBNA	80 Outperform	$210.35M	9.76	17.07%	―	―	―
CFFI	68 Neutral	$219.07M	8.95	10.67%	2.69%	11.71%	32.12%
FSFG	68 Neutral	$219.37M	10.14	12.26%	2.00%	7.93%	134.03%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
FCCO	67 Neutral	$210.65M	12.31	11.85%	2.22%	16.07%	57.29%
VABK	63 Neutral	$205.16M	11.50	11.01%	3.63%	2.41%	14.29%
BPRN	57 Neutral	$209.79M	32.99	2.70%	3.86%	16.39%	-72.87%

First Community Corporate Events

First Community Joins Annual Investor Conference in New York

First Community Corporation announced its participation in the Annual Community Bank Investor Conference in New York from July 28-30, 2025, where it will present its investor materials. The company reported record earnings and significant growth in various sectors, including residential mortgage production and investment advisory assets under management, in the second quarter of 2025. Additionally, the acquisition of Signature Bank of Georgia was highlighted as a strategic move to expand growth markets and business lines, potentially enhancing the company’s market position and offering new opportunities for stakeholders.

First Community Announces Merger with Signature Bank

On July 13, 2025, First Community Corporation announced a merger agreement with Signature Bank of Georgia, where Signature Bank will merge into First Community Bank. The merger, subject to shareholder and regulatory approvals, aims to enhance First Community’s market presence, particularly in the Atlanta area, and is expected to bring financial and strategic benefits. The agreement includes provisions for stock conversion, cash payments for stock options, and customary covenants. The merger is anticipated to impact stakeholders by potentially increasing shareholder value and expanding the company’s operational footprint.

First Community Considers Strategic Transaction Announcement

On July 8, 2025, First Community Corporation became aware of media reports about a potential strategic transaction involving the company. The announcement could have significant implications for the company’s operations and industry positioning, although specific details or impacts for stakeholders were not disclosed.