Alert: Fauquier Bankshares (NASDAQ:FBSS) announces net income of $1.4 million

Fauquier Bankshares (NASDAQ:FBSS) stock observed trading -13.52% off 52-week high price. On the other end, the stock has been noted 66.81% away from low price over the last 52-weeks. The stock disclosed a move of 8.69% away from 50 day moving average and 22.60% away from 200 day moving average. Moving closer, we can see that shares have been trading 3.37% off 20-day moving average. It has market cap of $72.19M and dividend yield of 2.66%.

On Jan. 22, 2021, Fauquier Bankshares (NASDAQ:FBSS) declared net income of $1.4 million, or $0.36 per diluted share for the fourth quarter, compared with $1.5 million, or $0.41 per diluted share for the prior quarter and $1.6 million or $0.41 per diluted share for the fourth quarter of 2019.  For the twelve months ended December 31, 2020, net income was $5.9 million, or $1.55 per diluted share, compared with $6.8 million, or $1.80 per diluted share for the twelve months ended December 31, 2019. 

Fourth Quarter and Year to Date Highlights

  • Net income of $1.4 million for the fourth quarter, compared to $1.5 million for the prior quarter and $1.6 million for the fourth quarter of 2019. Year to date net income of $5.9 million, compared to $6.8 million for the twelve months ended December 31, 2019;
  • Net interest margin of 3.43% for the fourth quarter, compared to 3.22% for the prior quarter and 3.65% for the fourth quarter of 2019. Year to date net interest margin of 3.46%, compared to 3.74% for the twelve months ended December 31, 2019;
  • Total loans of $616.7 million at December 31, 2020, compared to $638.1 million at September 30, 2020 and $550.2 million at December 31, 2019;
  • Allowance for loan losses of $6.9 million at December 31, 2020, compared to $6.7 million at September 30, 2020 and $5.2 million at December 31, 2019;

 The USA based company Fauquier Bankshares moved with change of -1.05% to $18.8 with the total traded volume of 15679 shares in recent session versus to an average volume of 5.35K. The stock was observed in the 5 days activity at -1.42%. The one month performance of stock was 9.94%. FBSS’s shares are at 19.75% for the quarter and driving a -4.86% return over the course of the past year and is now at 8.17% since this point in 2018.  Right now the stock beta is 0.82. The average volatility for the week and month was at 1.20% and 1.36% respectively. There are 3.80M shares outstanding and 2.99M shares are floated in market.

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