Stock Info - Analyst Coverage - First Community Corporation

D.A. Davidson

Date Download Description

October 18, 2023

Robust Loan Growth, Stabilizing NIM, and Clean Credit; BUY

July 19, 2023

Demonstrating the Value of a Sticky, Low-Cost Deposit Base; BUY

April 20, 2023

FCCO - A Catch-Up Quarter on Cost of Deposits; BUY

January 18, 2023

FCCO - Not Immune to Funding Pressure but Likely More Resilient; BUY

October 19, 2022

The Deposit Beta Can’t Get Much Better than Zero; BUY

July 25, 2022

Low-Cost Deposit Franchises Are Valuable Again; BUY

April 20, 2022

Tailwinds for Loan Growth and NIM Emerging in SC; BUY

January 21, 2022

4Q21 Review: A Likely Rising Value for Low-Cost Deposits; BUY

October 29, 2021

“Steady as She Goes” in South Carolina; BUY

August 2, 2021

The Steady Eddie of South Carolina Bank-Land; BUY

April 26, 2021

Long-Term Tailwinds in the Midlands and Upstate of SC; BUY

January 25, 2021

Positive Operating Leverage in the Midlands of SC; BUY

October 26, 2020

Healthy and Open SC Markets Reflect Some Embedded Optimism; BUY

July 27, 2020

A Solid Balance Sheet in the Midlands of South Carolina

April 23, 2020

Looking to Get More Constructive in South Carolina; NEUTRAL

January 27, 2020

Keeping an Eye on SC's Low-Cost Deposit Franchise; NEUTRAL

August 20, 2019

D.A. Davidson FCCO Initiation

Hovde Group

Date Download Description

October 24, 2025

Reiterating Outperform Rating on First Community as Operating Performance Remains Excellent as we Raise Estimates and Target

August 27, 2025

Reiterating OP Rating Following Recent Management Catch-up Call; Raising Estimates and Price Target

July 28, 2025

Reiterating OP Rating as First Community Strikes a Deal in the Heart of Georgia Combined with Solid 2Q25 Results

July 18, 2025

Reiterating OP Rating as First Community Expands Into Atlanta MSA With the Signature Bank Acquisition; Adding SBA Scale to Franchise

April 24, 2025

Raising Estimates and Price Target Following Another Strong Quarter From FCCO; Reiterating Outperform Rating

January 23, 2025

Reiterating Outperform Rating on Higher Price Target and Estimates; Market Forces Lining Up Nicely for FCCO

October 16, 2024

Outlook Remains Positive; Reiterating Outperform Rating Following Solid Third Quarter

July 18, 2024

NIM Tide Has Turned as Funding Costs Plateau; Reiterating OP Rating on Higher Price Target

May 17, 2024

Fundamental Outlook Remains Positive; Reiterating OP Rating Following Day of Investor Meetings

April 19, 2024

Profitability Likely Nearing Inflection Point; Reiterating OP Rating on Adjusted Estimates and Target Price

January 29, 2024

Still on a Strong Growth Path; Reiterating Outperform Rating Following Solid End to 2023

December 13, 2023

A Smallcap Bank to Consider in Holiday Shopping Season; Reiterating OP Rating on Higher Price Target

October 18, 2023

Solid Quarter with Stability in Core Funding Supporting OP-Rating Exiting 3Q23

September 22, 2023

Adjusting Ests/ PT But Continue to Like Positioning of FCCO; Reiterate OP Rating

July 19, 2023

Relatively Minor Tweaks; Reiterating OP Rating and PT

April 19, 2023

Deposit Franchise Buoys Funding Picture; Reiterating OP-Rating on Lowered PT/Ests

January 18, 2023

FCCO, Outperform, $25.00: Reiterating OP Rating on Higher Price Target Following Solid Exit to 2022

October 19, 2022

Raising Estimates as Franchise Value Remains Understated; Reiterate OP-Rating on FCCO

July 21, 2022

Reiterating OP Rating as Noise During 2Q22 Masks Relatively Solid Quarter Especially on Loan Front

April 21, 2022

Raising Estimates on Higher NIM/Loan Growth Prospects; Reiterating Outperform Rating and $24 Price Target

January 24, 2022

Fine-tuning EPS Ests as Better Revenue Outlook Mitigates Higher Expenses; Reiterate Outperform Rating

October 25, 2021

Adjusting EPS Ests Post 3Q but Revenue Outlook a Little Better; Reiterate Outperform Rating and $25 PT

July 26, 2021

Fine-tuning EPS Ests Post 2Q but Revenue Outlook Improved; Reiterate Outperform Rating

April 26, 2021

Increasing EPS Ests for Lower LLP and Better NII/Expenses; Reiterate Outperform Rating

January 26, 2021

Stronger Top-line Drives Estimates Higher; Increasing PT and Reiterate Outperform Rating

October 26, 2020

Increasing Ests/PT Following Solid 3Q Performance/ Favorable Growth Prospects; Reiterate Outperform

July 29, 2020

2Q20 Earnings Review: Solid With No Surprises For This Steady-Eddy Performer; Pandemic And PostRussell Hangover Yield A Very Compelling Opportunity – Reiterate OUTPERFORM

March 27, 2020

1Q20 Earnings Review: Core EPS A Little Short, But Key Trends Look OK; Top-Tier Franchise And Trusted Underwriter With A Good Shot At The Russell -- Upgrade To OUTPERFORM

January 29, 2020

4Q19 Earnings Review: Solid Qtr And Outlook; New Developments Lead Us To A More Constructive Stance, But Sticking With MARKET PERFORM Rating For Now

October 17, 2019

Boosting EPS Ests. and PT Post 3Q19 Beat; Maintain NEUTRAL

September 23, 2019

Announces New Share Repurchase Plan; Maintain OUTPERFORM

July 23, 2019

2Q19 Review: An In-Line Qtr And Stable Outlook, Amidst A Shift In Earnings Drivers; Good Entry Point, But Near-Term Catalysts Lacking – Maintain OUTPERFORM

July 18, 2019

2Q19 First Look: An In-Line Qtr, At First Glance, Albeit With Some Atypical Drivers; Maintain OUTPERFORM

May 31, 2019

2Q19 Announces New Share Repurchase Plan – Reiterate OUTPERFORM

April 18, 2019

1Q19 Earnings Review: Not Quite To The Level Of Last Year, But A Solid Qtr Nevertheless; Attractive Deposit Franchise On Sale – Reiterate OUTPERFORM

January 22, 2019

4Q18 Review: A Solid Qtr On Resumption Of NIM Expansion Trend And Strong Loan Growth; Maintain OUTPERFORM

October 19, 2018

3Q18 Earnings Review: Bottom Line Falls Short On Unexpected NIM Compression; Lowering Ests/PT; Still Better Positioned Than Most; Maintain OUTPERFORM

July 19, 2018

2Q18 Earnings Review: Another Very Solid Qtr; Fulfilling The Promise Of Higher Rates, And Then Some; Nudging Estimates Higher; Maintain OUTPERFORM

April 27, 2018

1Q18 Earnings Results: Firing On All Cylinders; Increasing Ests; Maintain OUTPERFORM

January 18, 2018

4Q17 Review: Results Fall A Little Short, But Most Key Indicators Look Good; FCCO Seems Well-Positioned; Maintain OUTPERFORM

October 23, 2017

3Q17 Earnings Review: A Strong Quarter Ahead Of Merger Close; Increasing Estimates; Maintain OUTPERFORM

July 20, 2017

2Q17 Earnings Review: Typically Solid, Impressive Performance; Maintain OUTPERFORM

April 19, 2017

1Q17 Earnings Review: Nudging EPS Ests. and PT Higher; Maintain OUTPERFORM

April 19, 2017

1Q17 First Look: Core EPS Slightly Ahead of Street Expectations

April 17, 2017

FCCO Announced Accretive Acquisition in Upstate Region of South Carolina; Increasing 2018 EPS Est and PT; Maintain OUTPERFORM Rating.

January 19, 2017

4Q16 Earnings Review: Nudging EPS Ests. and PT Higher; Upgrading Shares to Outperform

December 14, 2016

Initiating Coverage with a MARKET PERFORM Rating; FCCO - the Leading Community Bank of South Carolina’s Midlands Region – Aims to Boost Loans as a Proportion of the Balance Sheet

Janney

Date Download Description

October 27, 2025

FCCO: Reiterate BUY, Outlook Remains Favorable, Profitability Poised To Expand Significantly in 2026, Aided By SGBG

August 4, 2025

FCCO: Reiterate BUY, Raise EPS, Improving Profitability Profile Aided by Loan Growth, NIM Expansion, & SGBG Acquisition

April 29, 2025

FCCO: Reiterate BUY, Increase Fwd. EPS, Loan Growth & NIM Expansion Driving Improved Profitability, Credit Remains Excellent

February 4, 2025

FCCO: Upgrade to BUY, Increase EPS, Strong NIM Expansion Drives Improved Revenue Outlook & Double-Digit EPS Growth

October 17, 2024

FCCO: Core EPS Beat on Higher PPNR and Lower Provisioning. NIM Expands, Credit Is Healthy and TCE/TBV Expand

July 22, 2024

FCCO 2Q24 Review; Increase EPS, Growth Outlook Remains Positive, NIM Expansion Poised to Continue & Credit Remains Excellent

April 22, 2024

FCCO: 1Q24 Review; Growth Outlook Remains Positive, NIM Poised to Inflect Higher

January 29, 2024

FCCO 4Q23 Review; Growth Outlook Remains Positive, NIM

October 23, 2023

FCCO 3Q23 Review: Trim 2024 EPS on Lower Revenue Outlook; Strong Loan Growth Has Contributed to Improved Balance Sheet Efficiency

July 24, 2023

2Q Review – Solid Qtr., Fine Tune EPS, Core Deposit Trends Remain Solid & Deposit Betas Expected to Continue to Outperform Peer, Credit Is Pristine

April 24, 2023

FCCO 1Q Review: Reduce Forward EPS on Lower NIM Outlook; Deposit Beta Expected to Continue to Outperform Peers Following 1Q Catch-Up

January 23, 2023

FCCO: 4Q22 Final; Trim 2023 Estimate & Establish 2024; Superior Funding And Strong Liquidity To Help Mitigate Accelerating Funding Pressure

October 24, 2022

3Q22 Final; Increase Fwd. EPS; Core Trends Remain Solid; Strong Loan Growth & Zero Deposit Beta Highlight Qtr.

July 25, 2022

Core Trends Remain Solid; Adjust Fwd. EPS – Asset Sensitivity Benefits Expected To Accelerate in 2023

April 25, 2022

Core Trends Remain Solid; Adjust Fwd. EPS – Expansion Efforts Boost Loan Growth Outlook

January 24, 2022

NEUTRAL Core Trends Remain Solid – Increase 2022 EPS & Establish 2023. Loan Growth Outlook is Positive & Credit Quality is Excellent

October 25, 2021

NEUTRAL Core Trends Remain Solid - Double Digit Growth in Loans & Deposits and Strong Credit Highlight Qtr.

July 23, 2021

Core Trends Remain Strong – Optimistic on Loan Growth & Credit Trends

April 26, 2021

Loan Momentum Continued & Credit Remains Strong - Increase Fwd. EPS

January 25, 2021

Strong Finish To 2020; Increase Fwd. EPS on Lower LLP and Higher Revenues

October 26, 2020

Solid Qtr. - Increase Fwd. EPS; Deploying Excess Liquidity & Remixing AEA Is A Focus

July 27, 2020

A Solid Balance Sheet in the Midlands of South Carolina

April 28, 2020

Strong Capital and Earnings Capacity Support Future Reserve Building For COVID-19

January 27, 2020

Solid Finish to 2019; Improving Balance Sheet Efficiency a Key Focus in 2020

January 22, 2020

4Q19 Core EPS Beat Janney, Street. Low Credit Costs & Strong Fee Inc. Help Offset NIM Pressure

October 17, 2019

Higher Fees Lower Tax Rate Drive 3Q Beat; Increase 2019 EPS on Better 3Q Results & Maintain 2020 EPS

October 16, 2019

3Q19 First Look; Higher Fees and Lower Tax Rate Contribute to EPS Beat

July 18, 2019

Trim EPS on Lower NIM Outlook; Franchise Investments to Drive Greater Profitability in 2020

April 18, 2019

Investments in Franchise in 2019 Set the Stage for Accelerating Growth & Profitability

January 17, 2019

Solid Finish to 2018 - Balance Sheet Remix to Continue in 2019

October 18, 2018

Balance Sheet Remix to Continue – Reduce Fwd. EPS on Lower NIM Outlook

July 19, 2018

Outlook Remains Favorable; Increase Fwd. Estimates

April 19, 2018

Strong Start to 2018; Increasing Forward Estimates; Maintain Rating

January 22, 2018

Lower to Market Perform on Valuation; Outlook Remains Favorable

October 19, 2017

Profitability Poised to Increase in 2018 as Balance Sheet Remix Occurs; Maintain “Outperform”

July 20, 2017

Loan Growth Expected to Resume & Additional NIM Leverage Likely; Maintain “Outperform”

April 20, 2017

Solid Start to 2017; Loan Momentum Building & Additional NIM Leverage Possible

April 13, 2017

Expands Presence in Greenville, SC Market; Solid EPS Accretion w/Modest TBV Dilution

January 20, 2017

Strong Loan Growth & NIM Expansion Expected to Improve Balance Sheet Efficiency & Profitability in 2017

October 24, 2016

Double Digit Loan Growth Expected to Continue; NIM to Rebound; Increase 2017 EPS; Maintain Outperform

July 21, 2016

Maintain "Outperform" - Balance Sheet Remix to Drive Improved Profitability and Higher Valuation

April 21, 2016

Solid Quarter – Recent Franchise Investment to Help Accelerate Loan Growth and Balance Sheet Remix; Adjust EPS

January 22, 2016

Loan Momentum & Balance Sheet Remixing to Continue; Termination of Consent Order Possible in 1H16

October 22, 2015

Loan Momentum & Balance Sheet Remixing to Continue; Maintain “Outperform” & Bump Price Target

July 23, 2015

Loan Momentum Expected to Continue – Raise EPS Modestly & Maintain Outperform

April 23, 2015

Solid Quarter; Optimistic on Near Term Loan Growth – Maintain “Outperform” Rating

January 21, 2015

Fine Tune EPS & Maintain Outperform; Excess Liquidity Supports Significant Loan Growth

October 23, 2014

Solid Qtr; New Loan Pricing Strategy to Help Drive Volume; Maintain ‘Outperform’

July 17, 2014

Lowering EPS Estimates – Maintain “Outperform” As Valuation Remains Attractive For This Solid Performer Growing Tang. Book Value

April 18, 2014

Solid Quarter; Completion of Savannah River Deal Favorably Impacts Results – Maintain Operating EPS and “Outperform” Rating

January 27, 2014

Fundamentals Remain Solid – Savannah Transaction to Accelerate EPS Growth; Fine Tuning EPS and Maintain “Outperform” Rating

October 18, 2013

Solid Qtr: Increase Core Est. to Reflect Improved NIM; Outlook: Maintain “Outperform” – Savannah Deal On Track to Close 1-1-14

August 23, 2013

Adjusting 2014 EPS Estimate to Reflect Savannah Acquisition, Establish 2015 Estimate and Maintain “Outperform” Rating

April 19, 2013

Healthy Dividend Yield & Attractive Valuation for Well Capitalized Bank Posting Positive Profits Growing TBV; Maintain “Outperform"

January 18, 2013

Discount Valuation Persists Despite Improved Capital & Continued TBV Growth - Maintain “Outperform” Rating

October 19, 2012

Well Positioned for Growth Following New Capital and TARP Exit; Maintain “Outperform” Rating

July 13, 2012

Noisy 3Q12 to Pave Way for Improved EPS in 4th Qtr. Adjusting Est. & Maintain Rating

Piper Sandler

Date Download Description

April 18, 2024

1Q24 Earnings Review

January 26, 2024

4Q23 Earnings Review: Beat on Stronger NII and Lower Expenses; Raise Estimates

October 18, 2023

3Q23 Earnings Review: Little Change to Outlook

July 20, 2023

2Q23 Earnings Review: Favorable NPA Resolution; Continued NIM Pressure

April 19, 2023

First Community Corporation (FCCO) 1Q23 Earning Review: Neutral

January 18, 2023

4Q22 Earnings Review; Maintain Neutral Rating

October 19, 2022

3Q22 Earnings Review; Maintain Neutral Rating on Low Deposit Beta Name

July 20, 2022

2Q22 Earnings Review; Maintain Neutral Rating on Steady Franchise

April 20, 2022

1Q22 Earnings Review

March 1, 2022

FCCO Expanding to Rock Hill, SC

January 19, 2022

FCCO 4Q21 Earnings Review

October 20, 2021

Maintain Neutral Rating, Though Outlook Improves After Excellent 3Q Results

July 22, 2021

Updating Estimates; Maintain Neutral Rating

April 26, 2021

1Q21 Earnings Review

July 22, 2020

Solid 2Q and Encouraging Credit Trends, but Economic Uncertainty an Overhang

Raymond James Equity Research

Date Download Description

October 22, 2025

Another Strong Quarter Driven by NIM Expansion; Reiterate Strong Buy, PT to $33 From $30

July 25, 2025

Knocking the Cover Off the Ball; Reiterate Strong Buy, $30 PT

July 14, 2025

FCCO Announces the Peachy Acquisition of Signature Bank of Georgia

April 23, 2025

NIM Expansion Keeps on Chugging; Reiterate Strong Buy, $30 PT

January 23, 2025

Upgrade to Strong Buy, Raise PT to $30; Well Positioned for Substantial NIM Expansion

October 16, 2024

Well-Positioned to Grow EPS in a Falling Rate Environment; Reiterate Outperform, PT to $27

July 17, 2024

Sunny Forecast in the Palmetto State; Reiterate Outperform, Raise PT to $24, From $21

April 17, 2024

Well-positioned to Build Earnings Growth Momentum in 2H24; Reiterate Outperform, $21 PT

January 25, 2024

Upgrade to Outperform, $21 PT, as Earnings Outlook Improves

October 18, 2023

Solid Quarter Beneath the Expense Noise; Reiterate Market Perform

July 19, 2023

Swap Transaction Tempers NIM Pressure; Reiterate Market Perform

July 6, 2023

Desirable Franchise in South Carolina, but Resume at Market Perform Due to NIM Pressure

April 20, 2022

Maintain Market Perform, Key Takeaways are Loan Growth Guidance and Mortgage Strategy Change

January 20, 2022

Downgrading to Market Perform; Premium Reflects Franchise Value, Additional Catalyst Lacking

October 20, 2021

Maintain Outperform, Core Trends Remain Strong, Valuation Attractive

July 21, 2021

Maintain Outperform, Raising Target; Core Trends Remain Strong, Valuation Attractive

April 21, 2021

Maintain Outperform, TP Up to $21, Underlying Core and Credit Trends Generally Positive

January 20, 2021

Maintain Outperform, Target Price to $20; Results Beat as Core/ Credit Trends Remain Positive

October 21, 2020

Maintain Outperform, $16 Target; Core Earnings Largely In Line; Credit Trends Remain Positive

July 27, 2020

Upgrading to Outperform; $16 Target; Quality Franchise With a Proven Credit Culture

April 22, 2020

Maintain Market Perform; PTPP Earnings Beat; Lowering Estimates on Our Credit Outlook

January 24, 2020

Maintain Market Perform; Raising Estimates Following Solid Quarter; Margin Nearing Stability

October 17, 2019

Tweaking Estimates Higher Following Revenue-Driven Beat

July 17, 2019

Maintain Market Perform; Generally Sound Quarter, but Margin Pressures in Focus

April 17, 2019

Maintain Market Perform; Lowering Earnings Outlook on Near-Term Pressures

January 16, 2019

Maintain Market Perform; Tweaking Estimates Lower

October 17, 2018

Maintain Market Perform; Reducing Estimates on Lower Margin Expectations

July 18, 2018

Reiterate Market Perform; Results Meet Expectations, Valuation Remains Fair

April 18, 2018

Reiterate Market Perform; Strong Quarter Highlighted by Spread Revenue Trends

January 19, 2018

Reiterate Market Perform - Lowering EPS Estimates on Spread Revenue, Valuation Fair

October 18, 2017

Reiterate Market Perform; Results Beat on Expense Management, Valuation Fair

April 19, 2017

Maintain Market Perform; Raising 2018E EPS on Impact of Cornerstone

April 12, 2017

Accretive Acquisition Expands Presence in Upstate South Carolina

January 18, 2017

Maintain Market Perform; Results Miss but Loan Growth Accelerates

October 19, 2016

Reiterate Market Perform - Lowering Estimates on Weaker Margin Outlook

July 21, 2016

Maintain Market Perform; Raise EPS Estimates on Stronger Margin Outlook

April 20, 2016

Reiterate Market Perform; Loan Growth Maintains Momentum

January 20, 2016

Reiterate Market Perform; Maintain Estimates Following In-Line Quarter

October 21, 2015

Target Price to $14: Lower Estimates on Margin but Core Trends Are Stable

July 22, 2015

Reiterate Outperform – Results Miss but Loan Growth Impresses

April 22, 2015

Raise Target Price - Loan Growth Finally Materializing

January 21, 2015

Reiterate MO2; Loan Growth a Challenge, but Deposit Franchise Adds Value

October 23, 2014

Reiterate Maintain “Outperform” – Eyes On Loan Growth; Fee Income Trends are Strong

July 16, 2014

Reiterate MO2 - Loan Growth Disappoints, Expense Management Shines

April 16, 2014

Reiterate MO2 – Core Trends Remain Intact, NPA Spike Just a Hiccup

October 16, 2013

Reiterate Outperform; 3Q Results Beat, EPS Growth Profile Remains Strong

August 15, 2013

Raising Price Target – Strategic Acquisition Should Boost Profitability

July 17, 2013

Reiterate Outperform – Revenue Picture Solidifying, Loan Growth Helping

April 19, 2013

Maintain Outperform - Revenue Pressures Should Remain Manageable

January 16, 2013

Reiterate Outperform - Revenue Trends Drive Improved Earnings Outlook

November 7, 2012

Reiterate Outperform – Cost Saves on Track, TARP Repaid, Growth in Focus

August 6, 2012

Initiating at Outperform; Strong Franchise Well Positioned For Growth

Stephens

Date Download Description

January 21, 2021

Increasing Estimates Following Positive 4Q Results; Maintain EW Rating

October 26, 2020

Increasing Estimates and Price Target Following 3Q Results

April 23, 2020

Credit Trends Remain Impressive, Combined With A "REAL" EPS Beat For 1Q20