First Bank (FRBA) Expected to Announce Earnings on Thursday

First Bank (NASDAQ:FRBAGet Free Report) will likely be posting its quarterly earnings results after the market closes on Thursday, January 23rd. Analysts expect First Bank to post earnings of $0.39 per share and revenue of $32,843.67 billion for the quarter.

First Bank (NASDAQ:FRBAGet Free Report) last released its earnings results on Wednesday, October 23rd. The bank reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.06). First Bank had a return on equity of 11.80% and a net margin of 18.19%. The business had revenue of $58.64 million for the quarter, compared to analysts’ expectations of $32.96 million. During the same quarter in the prior year, the business posted $0.42 EPS. On average, analysts expect First Bank to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

First Bank Stock Up 0.9 %

NASDAQ FRBA opened at $13.82 on Tuesday. First Bank has a 12 month low of $11.20 and a 12 month high of $15.87. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.55. The stock has a market cap of $270.44 million, a PE ratio of 8.69 and a beta of 0.95. The stock’s 50 day moving average is $14.30 and its 200 day moving average is $14.55.

First Bank Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 1.74%. The ex-dividend date was Friday, November 8th. First Bank’s dividend payout ratio (DPR) is presently 15.09%.

Analyst Ratings Changes

FRBA has been the subject of several research analyst reports. Piper Sandler reaffirmed an “overweight” rating and set a $17.00 target price (down from $18.00) on shares of First Bank in a research note on Wednesday, October 30th. StockNews.com raised First Bank from a “hold” rating to a “buy” rating in a report on Sunday, December 29th.

View Our Latest Analysis on First Bank

First Bank Company Profile

(Get Free Report)

First Bank provides various banking products and services to small to mid-sized businesses and individuals. The company accepts various deposits, including non-interest-bearing demand deposits, interest bearing demand accounts, money market accounts, savings accounts, and certificates of deposit, as well as commercial checking accounts.

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Earnings History for First Bank (NASDAQ:FRBA)

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