First Bank (FRBA)
Market Cap | 364.62M |
Revenue (ttm) | 131.20M |
Net Income (ttm) | 38.28M |
Shares Out | 24.91M |
EPS (ttm) | 1.51 |
PE Ratio | 9.69 |
Forward PE | 8.03 |
Dividend | $0.24 (1.64%) |
Ex-Dividend Date | Aug 8, 2025 |
Volume | 131,658 |
Open | 14.50 |
Previous Close | 14.90 |
Day's Range | 14.45 - 14.63 |
52-Week Range | 12.74 - 16.47 |
Beta | 0.76 |
Analysts | Strong Buy |
Price Target | 18.00 (+23.04%) |
Earnings Date | Jul 22, 2025 |
About FRBA
First Bank provides various banking products and services to small and mid-sized businesses and individuals. It accepts various deposits, including non-interest- and interest-bearing demand deposits, money market accounts, savings accounts, and certificates of deposit, as well as commercial checking and cash management accounts. The company also offers various loan products, such as commercial and industrial loans, which include line of credit, inventory, equipment, and short-term working capital financing; commercial real estate loans comprisi... [Read more]
Financial Performance
In 2024, First Bank's revenue was $128.68 million, an increase of 34.24% compared to the previous year's $95.86 million. Earnings were $42.24 million, an increase of 102.15%.
Financial StatementsAnalyst Summary
According to 2 analysts, the average rating for FRBA stock is "Strong Buy." The 12-month stock price target is $18.0, which is an increase of 23.04% from the latest price.
News

First Bank: Strong Loan Growth Makes Shares Attractive
First Bank is attractively valued at under 1.1x tangible book, with strong loan and deposit growth supporting my Buy rating. Temporary debt costs are depressing earnings, but funding pressures should ...

First Bank (FRBA) Q2 2025 Earnings Call Transcript
First Bank (NASDAQ:FRBA) Q2 2025 Earnings Conference Call July 23, 2025 9:00 AM ET Company Participants Patrick Ryan - President, CEO & Director Andrew Hibshman - Executive VP, Treasurer & CFO Darlee...

First Bank Announces Second Quarter 2025 Net Income of $10.2 Million
Results highlighted by robust loan growth, strong net interest margin, and continued operating efficiency Results highlighted by robust loan growth, strong net interest margin, and continued operating...

First Bank Announces Second Quarter 2025 Earnings Conference Call
HAMILTON, N.J., July 02, 2025 (GLOBE NEWSWIRE) -- First Bank (Nasdaq Global Market: FRBA) invites participation in a conference call to discuss the Company's financial and operating performance during...

First Bank Announces Completion of $35 Million Subordinated Debt Offering
HAMILTON, N.J., June 18, 2025 (GLOBE NEWSWIRE) -- First Bank (the “Bank”) (NASDAQ: FRBA) today announced the closing of a $35.0 million private placement of fixed-to-floating rate subordinated notes. ...

FIRST BANK NAMES NEW CHIEF CREDIT OFFICER
GREENSBORO, N.C. , June 4, 2025 /PRNewswire/ -- First Bank is pleased to announce the appointment of Larry Jackson as its new Chief Credit Officer, effective April 2025.

First Bank Texas Rolls Out Mobile Banking Branch Across North and West Texas
WILLOW PARK, Texas--(BUSINESS WIRE)--First Bank Texas, member FDIC and the oldest national bank in Texas, is hitting the road this spring with a new mobile banking branch designed to deliver full-serv...

First Bank Scores Big for Local Youth: Donates $26,600 to the Hurricanes Foundation Following Thrilling Season Partnership
RALEIGH, N.C. , May 13, 2025 /PRNewswire/ -- First Bank is thrilled to announce a successful and impactful partnership with the Carolina Hurricanes Foundation for the 2024-2025 season!

First Bank (FRBA) Q1 2025 Earnings Call Transcript
First Bank (NASDAQ:FRBA) Q1 2025 Earnings Conference Call April 23, 2025 9:00 AM ET Company Participants Patrick Ryan - President & CEO Andrew Hibshman - CFO Darleen Gillespie - Chief Retail Banking ...

First Bank Announces First Quarter 2025 Net Income of $9.4 Million
Results highlighted by strong loan growth, continued operating efficiency, and solid asset quality Results highlighted by strong loan growth, continued operating efficiency, and solid asset quality

First Bank Announces First Quarter 2025 Earnings Conference Call
HAMILTON, N.J., April 01, 2025 (GLOBE NEWSWIRE) -- First Bank (Nasdaq Global Market: FRBA) invites participation in a conference call to discuss the Company's financial and operating performance durin...

Dream First Bank Enters Agreement to Acquire BancCentral
SYRACUSE, Kansas--(BUSINESS WIRE)--Dream First Bank has entered into an agreement to acquire BancCentral, which includes the bank's branches in Alva, Enid, Cherokee and Woodward, Okla.

First Bank (FRBA) Q4 2024 Earnings Call Transcript
First Bank (NASDAQ:FRBA) Q4 2024 Results Conference Call January 24, 2025 9:00 AM ET Company Participants Patrick Ryan - President and Chief Executive Officer Andrew Hibshman - Chief Financial Office...

First Bank Announces Fourth Quarter 2024 Net Income of $10.5 Million and Full Year Net Income of $42.2 Million
Results highlighted by strong loan growth, continued operating efficiency, and solid asset quality Results highlighted by strong loan growth, continued operating efficiency, and solid asset quality

FIRST BANK SCORES BIG WITH PARTNERSHIP WITH THE CAROLINA HURRICANES FOUNDATION
RALEIGH, N.C. , Jan. 16, 2025 /PRNewswire/ -- First Bank, a leader in the banking industry in the Carolinas, is thrilled to join forces with the Carolina Hurricanes for an exciting new initiative: The...

First Bank Announces Fourth Quarter 2024 Earnings Conference Call
HAMILTON, N.J. , Jan. 02, 2025 (GLOBE NEWSWIRE) -- First Bank (Nasdaq Global Market: FRBA) invites participation in a conference call to discuss the Company's financial and operating performance durin...

FIRST BANK BRINGS COMMUNITIES TOGETHER WITH 2ND ANNUAL FOOD DRIVE AND LOCAL GRANT SUPPORT
SOUTHERN PINES, N.C. , Dec. 17, 2024 /PRNewswire/ -- First Bank proudly continues its commitment to community with the successful completion of its 2nd annual companywide food drive.

Citizens First Bank Chooses WaveCX for Enhanced Digital Engagement and Training
OMAHA, Neb.--(BUSINESS WIRE)--WaveCX, provider of personalized, digital product engagement solutions for financial institutions, announced today that Citizens First Bank has selected WaveCX to transfo...

First Bank (FRBA) Q3 2024 Earnings Call Transcript
First Bank (NASDAQ:FRBA) Q3 2024 Earnings Call October 24, 2024 9:00 AM ET Company Participants Patrick Ryan - President and Chief Executive Officer Andrew Hibshman - Chief Financial Officer Darleen ...

First Bank Announces Third Quarter 2024 Net Income of $8.2 Million
Results reflect strong loan and deposit growth, solid asset quality, and balance sheet optimization initiatives

HAPO Community Credit Union Expands with Acquisition of Community First Bank
RICHLAND, Wash. and KENNEWICK, Wash.

First Bank Announces Third Quarter 2024 Earnings Conference Call
HAMILTON, N.J., Sept. 26, 2024 (GLOBE NEWSWIRE) -- First Bank (Nasdaq Global Market: FRBA) invites participation in a conference call to discuss the Company's financial and operating performance durin...

First Bank (FRBA) Q2 2024 Earnings Call Transcript
First Bank (NASDAQ:FRBA) Q2 2024 Earnings Conference Call July 25, 2024 9:00 AM ET Company Participants Patrick Ryan - President & CEO Andrew Hibshman - CFO Darleen Gillespie - Chief Retail Banking O...

First Bank Announces Second Quarter 2024 Net Income of $11.1 Million
Results reflect a strong and stable net interest margin, a well-positioned balance sheet, and solid asset quality Results reflect a strong and stable net interest margin, a well-positioned balance she...

Climate First Bank Shows Significant Growth in 2023 Impact Report
Values-based bank showcases its growth and dedication to the environment and community in its robust report Values-based bank showcases its growth and dedication to the environment and community in it...