First Bank (FRBA) Set to Announce Earnings on Monday
First Bank (NASDAQ:FRBA) is set to post its quarterly earnings results after the market closes on Monday, July 24th. Analysts expect First Bank to post earnings of $0.17 per share for the quarter.
First Bank (NASDAQ:FRBA) last announced its quarterly earnings results on Monday, April 24th. The bank reported $0.17 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.18 by $0.01. The business had revenue of $8.56 million for the quarter, compared to analysts’ expectations of $8.45 million. On average, analysts expect First Bank to post $0.64 EPS for the current fiscal year and $0.83 EPS for the next fiscal year.
First Bank (NASDAQ:FRBA) opened at 12.05 on Monday. The firm has a 50-day moving average of $11.78 and a 200-day moving average of $12.35. First Bank has a 52 week low of $7.00 and a 52 week high of $14.80. The company has a market cap of $138.17 million, a price-to-earnings ratio of 18.86 and a beta of 0.54.
FRBA has been the subject of several research reports. Zacks Investment Research downgraded shares of First Bank from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 5th. Robert W. Baird raised shares of First Bank from a “neutral” rating to an “outperform” rating and set a $14.00 price target for the company in a research report on Tuesday, May 30th. Finally, ValuEngine raised shares of First Bank from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.
About First Bank
First Bank is a commercial bank. The Company provides a range of lending, deposit and other financial products and services. It operates through Community Banking segment, which is engaged in providing a range of commercial and retail and related banking services. It offers a range of lending products to meet the needs of its customers located within its market areas, including commercial and industrial loans, commercial real estate loans (including owner-occupied, investor, construction and development and multi-family loans), residential real estate loans, and consumer and other loans.
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