First Bank (FRBA)

Market Cap	379.24M
Revenue (ttm)	123.43M
Net Income (ttm)	40.13M
Shares Out	25.16M
EPS (ttm)	1.60
PE Ratio	9.37
Forward PE	9.53
Dividend	$0.24 (1.60%)
Ex-Dividend Date	Nov 8, 2024

Volume	15,820
Open	15.03
Previous Close	14.99
Day's Range	14.94 - 15.20
52-Week Range	11.20 - 15.87
Beta	0.94
Analysts	Buy
Price Target	17.00 (+12.81%)
Earnings Date	Jan 22, 2025

About FRBA

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. It also offers various loan products comprising commercial and industrial loans, which include line of credit, inventory, equipment, and short-term working capital financing; commercial real estate loans, such a...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 2007
• Employees: 288
• Stock Exchange: NASDAQ
• Ticker Symbol: FRBA
• Website: https://www.firstbanknj.com

Financial Performance

In 2023, First Bank's revenue was $95.86 million, an increase of 1.31% compared to the previous year's $94.62 million. Earnings were $20.90 million, a decrease of -42.41%.

Analyst Forecast

According to one analyst, the rating for FRBA stock is "Buy" and the 12-month stock price forecast is $17.0.

Price Target

$17.0

(12.81% upside)

Analyst Consensus: Buy