Worth Watching Stock for Traders: Fauquier Bankshares (NASDAQ:FBSS)

Worth Watching Stock for Traders: Fauquier Bankshares (NASDAQ:FBSS)

Fauquier Bankshares (NASDAQ:FBSS) changed -2.45% to recent value of $20.7. The stock transacted 488 shares during most recent day however it has an average volume of 2.25K shares. It spotted trading -23.05% off 52-week high price. On the other end, the stock has been noted 20.28% away from the low price over the last 52-weeks.

On Aug. 16, 2019, Fauquier Bankshares (NASDAQ:FBSS) revealed that its Board of Directors on August 15, 2019 declared a quarterly dividend of $0.12 per share. This dividend was declared for shareholders of record as of the close of business on September 13, 2019 and will be payable on October 1, 2019. The $0.12 per share dividend represents a $0.48 dividend on an annualized basis.

Fauquier Bankshares and its principal subsidiary, The Fauquier Bank, had combined assets of $717.5 million and total shareholders’ equity of $64.1 million at June 30, 2019. The Fauquier Bank is an independent community bank offering a full range of financial services, including internet banking, mobile bank with mobile deposit, commercial, retail, insurance, wealth management, and financial planning services through eleven banking offices located in Fauquier and Prince William Counties in Virginia.

This press release may contain forward-looking statements as defined by federal securities laws. These statements address issues that involve risks, uncertainties, estimates and assumptions made by management, and actual results could differ materially from the results contemplated by these forward-looking statements. Factors that could have a material adverse effect on the Company’s operations and future prospects include, but are not limited to, changes in: interest rates, general economic conditions, legislative/regulatory climate, monetary and fiscal policies of the U.S. Government, including policies of the U.S. Treasury and the Board of Governors of the Federal Reserve System, the quality or composition of the loan or investment portfolios, demand for loan products, the value of the collateral securing loans in the portfolio, deposit flows, the level of net charge-offs on loans and the adequacy of the allowance for loan losses, competition, demand for financial services in the Company’s market area, the Company’s plans to increase market share, mergers, acquisitions and dispositions and tax and accounting principles, policies and guidelines. Readers should consider these risks and uncertainties in evaluating our forward-looking statements and should not place undue reliance on such statements. We undertake no obligation to update these statements following the date of this press release.

FBSS has a an operating margin of 84.00% while its profit margin remained 21.50% for the last 12 months. Its earnings per share (EPS) expected to touch remained 46.40% for this year.

The company has 3.82M of outstanding shares and 3.16M shares were floated in the market.  The price moved ahead of -0.30% from the mean of 20 days, -1.27% from mean of 50 days SMA and performed -3.85% from mean of 200 days price. Company’s performance for the week was 0.24%, -3.54% for month and YTD performance remained 7.92%.

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William Payton

William Payton possesses over 7 years of investment experience, an M.B.A. from California State University, and is also certified in Risk Management Assurance. He is a self-taught investor and follows the value investing approach to picking stocks. William has exploited those observations and developed investment tactics within a fundamentally sound long-term investment strategy. He currently covers Earnings News category for our site. William is a Certified Internal Auditor, Data Miner, and author with a career broadly spanning over multiple business areas.Address: 4831 Elk Street, Irvine, California, USAPhone number: 949-757-9251Email: William@surveypaid.info 

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