DA Davidson Forecasts First Bank’s Q1 Earnings (NASDAQ:FRBA)

First Bank (NASDAQ:FRBA) – Stock analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of First Bank in a note issued to investors on Tuesday, January 28th. DA Davidson analyst M. Navas anticipates that the bank will post earnings per share of $0.39 for the quarter. The consensus estimate for First Bank’s current full-year earnings is $1.65 per share.

FRBA has been the subject of a number of other reports. Piper Sandler reissued an “overweight” rating and issued a $17.00 price target (down from $18.00) on shares of First Bank in a research report on Wednesday, October 30th. StockNews.com downgraded shares of First Bank from a “buy” rating to a “hold” rating in a research note on Monday.

First Bank Price Performance

First Bank stock opened at $15.28 on Wednesday. The firm has a market capitalization of $299.01 million, a price-to-earnings ratio of 9.61 and a beta of 0.95. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.66. First Bank has a 1-year low of $11.20 and a 1-year high of $15.87. The firm’s fifty day moving average price is $14.28 and its two-hundred day moving average price is $14.64.

First Bank (NASDAQ:FRBA) last issued its earnings results on Thursday, January 23rd. The bank reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.03. First Bank had a return on equity of 11.65% and a net margin of 18.19%.

Institutional Investors Weigh In On First Bank

Several institutional investors and hedge funds have recently bought and sold shares of the business. FNY Investment Advisers LLC bought a new stake in shares of First Bank during the 4th quarter valued at about $98,000. SG Americas Securities LLC purchased a new position in First Bank in the 3rd quarter worth approximately $113,000. Hsbc Holdings PLC bought a new position in shares of First Bank during the second quarter valued at $162,000. Fourthstone LLC bought a new position in First Bank during the 3rd quarter valued at about $199,000. Finally, GSA Capital Partners LLP purchased a new stake in First Bank in the third quarter worth approximately $294,000. Hedge funds and other institutional investors own 64.86% of the company’s stock.

First Bank Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be given a $0.06 dividend. The ex-dividend date is Friday, February 7th. This represents a $0.24 annualized dividend and a yield of 1.57%. First Bank’s payout ratio is currently 14.37%.

First Bank Company Profile

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.