First Community Corp (South Carolina)

Chart & Performance

D1W1MN

P/E

15.57

P/S

3.18

EPS

1.55

Div Yield, %

2.30%

Shrs. gr., 5y

-0.22%

Rev. gr., 5y

4.59%

Revenues

58m

-2.42%

Net income

12m

-18.96%

CFO

12m

-44.74%

Dividend

Jul 30, 20240.15 USD/sh

Earnings

Jan 22, 2025

Profile

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.

URL

https://www.firstcommunitysc.com/

IPO date

Jun 30, 1998

Employees

265

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	58,063 -2.42%	59,505 0.84%
Cost of revenue	32,083	27,084
Unusual Expense (Income)
NOPBT	25,980	32,421
NOPBT Margin	44.74%	54.48%
Operating Taxes	3,197	3,798
Tax Rate	12.31%	11.71%
NOPAT	22,783	28,623
Net income	11,843 -18.96%	14,613 -5.51%
Dividends	(4,235)	(3,913)
Dividend yield	2.57%	2.35%
Proceeds from repurchase of equity	289	374
BB yield	-0.18%	-0.22%
Debt
Debt current	90,000	9,457
Long-term debt	21,816	70,628
Deferred revenue	(422)	(1,557)
Other long-term liabilities	163,788	971,795
Net debt	(489,075)	(853,932)
Cash flow
Cash from operating activities	12,226	22,125
CAPEX	(1,071)	(1,223)
Cash from investing activities	(89,668)	(162,779)
Cash from financing activities	134,736	109,033
FCF	1,391,016	62,169
Balance
Cash	94,695	369,263
Long term investments	506,196	564,754
Excess cash	597,988	931,042
Stockholders' equity	37,892	24,217
Invested Capital	363,981	1,647,172
ROIC	2.27%	1.80%
ROCE	6.44%	1.94%
EV
Common stock shares outstanding	7,647	7,608
Price	21.53 -1.64%	21.89 4.86%
Market cap	164,640 -1.14%	166,539 5.68%
EV	(324,435)	(687,393)
EBITDA	27,898	34,242
EV/EBITDA
Interest	23,805	3,174
Interest/NOPBT	91.63%	9.79%