Stock in Action: First Community Financial Partners Inc (NASDAQ:FCFP)

Shares of First Community Financial Partners Inc (NASDAQ:FCFP) ended Friday session in green amid volatile trading. The shares closed up +0.05 points or 0.46% at $10.90 with 2681 shares getting traded. Post opening the session at $10.90, the shares hit an intraday low of $10.70 and an intraday high of $10.90 and the price vacillated in this range throughout the day.

Market Cap/Outstanding Shares

The company has a market cap of $187.89 million and the number of outstanding shares have been calculated to be 17.24 million shares.

Performance weekly/monthly/quarterly/yearly in percentage (%)

The performance for the week is valued at 4.31%, resulting in a performance for the month at 13.54%. Therefore, the stated figure displays a quarterly performance of 22.47% and an annual performance of 62.69% traded up 0.46% on 25 November, 2016 hitting $10.90.

EPS (Earning Per Share )

The EPS of FCFP is strolling at 0.65, measuring its EPS growth this year at 79.40%. As a result, the company has an EPS growth of 10.47% for the approaching year. Company’s EPS for the past five years is valued at 18.60%, leading it to an EPS value of 8.00% for the next five years.

P/E-P/S-P/B-P/C

FCFP P/E ratio is measuring at 16.74 with a forward P/E of 15.42. As of now, First Community Financial Partners Inc has a P/S value of 4.63, measuring P/B at 1.63. Its P/Cash is valued at 3.38.

Beta/ATR/Volatility

Beta factor is stands at 0.22 and Avg. true range is 0.25. Historically, the volatility of this stock is about 1.99% a week and 2.76% a month.

First Community Financial Partners Inc (FCFP) recently stated financial results as of and for the three and nine months ended September 30, 2016.

Net income applicable to shareholders for the quarter ended September 30, 2016 was $4.1 million, or $0.24 per diluted share, contrast with $2.9 million, or $0.17 per diluted share, for the quarter ended September 30, 2015.  Net income for the third quarter of 2016 was positively influenced by a $1.9 million bargain purchase option gain related to the acquisition of Mazon State Bank, partially offset by $643,000 of one-time merger-related expenses.

Third Quarter 2016 Financial Results

Loans

At September 30, 2016, total loans were $956.2 million, a boost of  $84.0 million, or 9.63%, since the end of the second quarter of 2016 and $213.2 million, or 28.69%, year-over-year.   Apart From the $32.6 million in loans added through the Mazon State Bank acquisition, total organic loan growth was $51.7 million in the third quarter of 2016, or 23.71% on an annualized basis.  The organic loan growth was the result of a strong loan pipeline together with results produced by the addition of six commercial lenders and one new leasing officer hired during the first quarter of 2016.

Commercial loans grew $35.9 million, or 15.00%, since the end of the second quarter and $94.2 million, or 52.15%, year-over-year.  Commercial real estate loans raised $9.5 million, or 2.31%, since the end of the second quarter, and $51.1 million, or 13.84%, year-over-year.  Residential real estate loans grew $23.1 million, or 16.03%, since the end of the second quarter and $40.7 million, year-over-year.  Construction loans were up $9.4 million, or 30.55%, since the second quarter and $20.8 million, or 106.95%, year-over-year.

Deposits and Other Borrowings

At September 30, 2016, total deposits were $1.07 billion, a boost of $168.4 million, or 18.78%, since the second quarter.  Apart From the $73.1 million in deposits added through the Mazon State Bank acquisition, total organic deposit growth was $95.3 million in the third quarter of 2016, or 42.6% on an annualized basis.

Noninterest bearing demand deposits raised $43.0 million, or 21.16%, since the end of the second quarter. Interest bearing transactional accounts (NOW, savings and money market accounts) raised $98.2 million ($34.4 million of which was from the acquisition of Mazon State Bank), or 25.68%, during the third quarter 2016.  Time deposits raised $27.3 million ($10.4 million of which was from the acquisition of Mazon State Bank), or 8.75%, to $338.7 million at September 30, 2016, from $311.4 million at June 30, 2016.   The ratio of time deposits to total deposits was 31.79% at September 30, 2016, down from 34.72% at June 30, 2016.  Other borrowings reduced $52.8 million, or 53.14%, since the end of the second quarter as a result of less reliance on FHLB borrowings after the acquisition of Mazon State Bank.

 

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