FCBC vs. T

Last updated Jun 3, 2026

FCBC (First Community Bankshares, Inc.) and T (AT&T Inc.) are both stocks. FCBC operates in Banks - Regional (Financial Services), while T operates in Telecom Services (Communication Services). Over the past 10 years, FCBC returned 11.68%/yr vs 4.09%/yr for T. At a 0.26 correlation, their price movements are largely independent.

Performance

FCBC vs. T - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Community Bankshares, Inc. (FCBC) and AT&T Inc. (T). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FCBC achieves a 33.27% return, which is significantly higher than T's 1.40% return. Over the past 10 years, FCBC has outperformed T with an annualized return of 11.68%, while T has yielded a comparatively lower 4.09% annualized return.

FCBC

• 1D: 1.39%
• 1M: 0.25%
• YTD: 33.27%
• 6M: 35.35%
• 1Y: 23.00%
• 3Y*: 20.73%
• 5Y*: 11.88%
• 10Y*: 11.68%

T

• 1D: 0.37%
• 1M: -5.67%
• YTD: 1.40%
• 6M: -1.30%
• 1Y: -7.94%
• 3Y*: 23.97%
• 5Y*: 8.39%
• 10Y*: 4.09%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FCBC vs. T - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FCBC First Community Bankshares, Inc.	33.27%	-12.10%	15.82%	13.72%	5.12%	60.52%	-27.17%	1.42%	14.19%	-2.35%
T AT&T Inc.	1.40%	13.97%	44.08%	-2.74%	5.76%	-8.09%	-21.37%	45.55%	-22.25%	-4.01%

Correlation

The correlation between FCBC and T is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (10Y) Calculated over the trailing 10-year period	0.28
Correlation (All Time) Calculated using the full available price history since May 12, 1997	0.26

The correlation between FCBC and T shifts across timeframes, from 0.15 (3 years) to 0.28 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS FCBC : $2.64 T : $3.04
PE Ratio FCBC : 16.27 T : 8.09
PS Ratio FCBC : 4.74 T : 1.41
Total Revenue (TTM) FCBC : $168.35M T : $125.65B
Gross Profit (TTM) FCBC : $117.77M T : $105.41B
EBITDA (TTM) FCBC : $50.67M T : $54.70B

Return for Risk

FCBC vs. T — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FCBC

FCBC Risk / Return Rank: 61
FCBC Sharpe Ratio Rank: 67
FCBC Sortino Ratio Rank: 61
FCBC Omega Ratio Rank: 59
FCBC Calmar Ratio Rank: 60
FCBC Martin Ratio Rank: 58

T

T Risk / Return Rank: 24
T Sharpe Ratio Rank: 25
T Sortino Ratio Rank: 21
T Omega Ratio Rank: 22
T Calmar Ratio Rank: 29
T Martin Ratio Rank: 26

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FCBC vs. T - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Community Bankshares, Inc. (FCBC) and AT&T Inc. (T). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	FCBC	T	Difference
Sharpe ratio Return per unit of total volatility	0.87	-0.37	+1.24
Sortino ratio Return per unit of downside risk	1.37	-0.40	+1.77
Omega ratio Gain probability vs. loss probability	1.16	0.95	+0.21
Calmar ratio Return relative to maximum drawdown	0.93	-0.36	+1.29
Martin ratio Return relative to average drawdown	1.84	-0.75	+2.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FCBC vs. T - Sharpe Ratio Comparison

The current FCBC Sharpe Ratio is 0.87, which is higher than the T Sharpe Ratio of -0.37. The chart below compares the historical Sharpe Ratios of FCBC and T, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FCBC	T	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.87	-0.37	+1.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.35	+0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.36	0.17	+0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.39	-0.19

Drawdowns

FCBC vs. T - Drawdown Comparison

The maximum FCBC drawdown since its inception was -79.46%, which is greater than T's maximum drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for FCBC and T.

Drawdown Indicators

	FCBC	T	Difference
Max Drawdown Largest peak-to-trough decline	-79.46%	-64.15%	-15.31%
Max Drawdown (1Y) Largest decline over 1 year	-23.43%	-20.60%	-2.83%
Max Drawdown (3Y) Largest decline over 3 years	-29.94%	-20.60%	-9.34%
Max Drawdown (5Y) Largest decline over 5 years	-39.51%	-32.01%	-7.50%
Max Drawdown (10Y) Largest decline over 10 years	-49.53%	-42.35%	-7.18%
Current Drawdown Current decline from peak	-1.05%	-14.44%	+13.39%
Average Drawdown Average peak-to-trough decline	-26.48%	-15.72%	-10.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.82%	10.01%	+1.81%

Volatility

FCBC vs. T - Volatility Comparison

First Community Bankshares, Inc. (FCBC) and AT&T Inc. (T) have volatilities of 5.48% and 5.53%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCBC	T	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.48%	5.53%	-0.05%
Volatility (6M) Calculated over the trailing 6-month period	18.98%	16.69%	+2.29%
Volatility (1Y) Calculated over the trailing 1-year period	26.57%	21.41%	+5.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.01%	23.85%	+5.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.87%	23.65%	+9.22%

Dividends

FCBC vs. T - Dividend Comparison

FCBC's dividend yield for the trailing twelve months is around 5.21%, more than T's 4.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCBC First Community Bankshares, Inc.	5.21%	9.81%	2.88%	3.13%	3.30%	3.11%	4.63%	3.09%	4.00%	2.37%	1.99%	2.90%
T AT&T Inc.	4.50%	4.47%	4.87%	6.62%	6.66%	8.46%	7.23%	5.22%	7.01%	5.04%	4.51%	5.46%

Financials

Frequently Asked Questions

Can I hold both FCBC and T in my portfolio?

FCBC and T have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FCBC or T?

T has higher volatility (5.53%) compared to FCBC (5.48%). In terms of maximum drawdown, FCBC dropped -79.46% vs T's -64.15%.

Which has better risk-adjusted returns?

FCBC currently has the higher Sharpe Ratio (0.87 vs -0.37), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.