First Bank (NASDAQ:FRBA – Get Free Report) is scheduled to release its earnings data before the market opens on Thursday, October 24th. Analysts expect First Bank to post earnings of $0.41 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.
First Bank (NASDAQ:FRBA – Get Free Report) last announced its quarterly earnings data on Wednesday, July 24th. The bank reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.07. First Bank had a return on equity of 12.38% and a net margin of 14.48%. The firm had revenue of $56.25 million for the quarter, compared to analyst estimates of $31.95 million. During the same quarter in the prior year, the company posted $0.36 earnings per share. 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 Price Performance
First Bank stock opened at $15.60 on Thursday. The company has a market cap of $305.28 million, a P/E ratio of 13.81 and a beta of 0.93. First Bank has a one year low of $10.51 and a one year high of $15.87. The business has a fifty day moving average of $14.96 and a two-hundred day moving average of $13.52. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.08 and a current ratio of 1.08.
First Bank Dividend Announcement
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on FRBA shares. StockNews.com cut shares of First Bank from a “buy” rating to a “hold” rating in a research note on Friday, July 19th. Piper Sandler upped their price objective on shares of First Bank from $14.00 to $18.00 and gave the company an “overweight” rating in a research note on Tuesday, July 30th.
Get Our Latest Analysis on FRBA
About First Bank
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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