First Bank Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for First Bank stock has a target of 18, which predicts an increase of 19.84% from the current stock price of 15.02.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$18	$18	$18	$18
Change	+19.84%	+19.84%	+19.84%	+19.84%

* Price targets were last updated on Jul 30, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for First Bank is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Apr '24	May '24	Jun '24	Jul '24	Aug '24	Sep '24
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	1
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Justin Crowley Piper Sandler	Piper Sandler	Buy Maintains $14 → $18	Buy	Maintains	$14 → $18	+19.84%	Jul 30, 2024
Justin Crowley Piper Sandler	Piper Sandler	Buy Maintains $16 → $15	Buy	Maintains	$16 → $15	-0.13%	Apr 24, 2024
Justin Crowley Piper Sandler	Piper Sandler	Buy Initiates $14	Buy	Initiates	$14	-6.79%	Oct 17, 2023
David Bishop DA Davidson	DA Davidson	Strong Buy Initiates $11	Strong Buy	Initiates	$11	-26.76%	May 6, 2020
Bryce Rowe Baird	Baird	Hold → Buy Upgrades n/a	Hold → Buy	Upgrades	n/a	n/a	May 30, 2017

More Analyst Ratings

Financial Forecast

Revenue This Year

127.99M

Revenue Next Year

139.88M

from 127.99M

9.29%

from 127.99M

EPS This Year

1.78

from 0.95

87.18%

from 0.95

EPS Next Year

1.75

from 1.78

-1.47%

from 1.78

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	-	-	-	-	-	127.99M	139.88M
Revenue Growth	6.24%	13.69%	35.42%	5.28%	1.31%	-	9.29%
EPS	0.69	0.97	1.79	1.84	0.95	1.78	1.75
EPS Growth	-27.37%	40.58%	84.54%	2.79%	-48.37%	87.18%	-1.47%
Forward PE	-	-	-	-	-	8.45	8.57
No. Analysts	-	-	-	-	-	5	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	135.0M	147.0M
Avg	128.0M	139.9M
Low	121.4M	132.3M

Revenue Growth

Revenue Growth	2024	2025
High	-	14.9%
Avg	-	9.3%
Low	-	3.4%

EPS Forecast

EPS	2024	2025
High	1.87	1.84
Avg	1.78	1.75
Low	1.68	1.67

EPS Growth

EPS Growth	2024	2025
High	96.7%	3.3%
Avg	87.2%	-1.5%
Low	76.4%	-6.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.