First Bank (FRBA)

NASDAQ: FRBA · Real-Time Price · USD
14.63
-0.27 (-1.81%)
At close: Aug 1, 2025, 4:00 PM
14.64
+0.01 (0.07%)
After-hours: Aug 1, 2025, 4:10 PM EDT
-1.81%
Market Cap364.62M
Revenue (ttm)131.20M
Net Income (ttm)38.28M
Shares Out 24.91M
EPS (ttm)1.51
PE Ratio9.69
Forward PE8.03
Dividend$0.24 (1.64%)
Ex-Dividend DateAug 8, 2025
Volume131,658
Open14.50
Previous Close14.90
Day's Range14.45 - 14.63
52-Week Range12.74 - 16.47
Beta0.76
AnalystsStrong Buy
Price Target18.00 (+23.04%)
Earnings DateJul 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]

Sector Financials
Founded 2007
Employees 320
Stock Exchange NASDAQ
Ticker Symbol FRBA
Full Company Profile

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 Statements

Analyst 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.

Price Target
$18.0
(23.04% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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 ...

9 days ago - Seeking Alpha

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...

11 days ago - Seeking Alpha

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...

12 days ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

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. ...

6 weeks ago - GlobeNewsWire

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.

2 months ago - PRNewsWire

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...

2 months ago - Business Wire

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!

2 months ago - PRNewsWire

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 ...

3 months ago - Seeking Alpha

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

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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.

4 months ago - Business Wire

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...

6 months ago - Seeking Alpha

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

6 months ago - GlobeNewsWire

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...

7 months ago - PRNewsWire

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...

7 months ago - GlobeNewsWire

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.

8 months ago - PRNewsWire

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...

8 months ago - Business Wire

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 ...

10 months ago - Seeking Alpha

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

10 months ago - GlobeNewsWire

HAPO Community Credit Union Expands with Acquisition of Community First Bank

RICHLAND, Wash. and KENNEWICK, Wash.

10 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

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...

1 year ago - Seeking Alpha

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire