M3F Inc. Buys New Stake in FB Bancorp, Inc. $FBLA

M3F Inc. purchased a new position in shares of FB Bancorp, Inc. (NASDAQ:FBLA) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 11,573 shares of the company’s stock, valued at approximately $130,000. M3F Inc. owned 0.06% of FB Bancorp at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in FBLA. Tower Research Capital LLC TRC purchased a new stake in FB Bancorp during the 4th quarter worth $25,000. Cubist Systematic Strategies LLC purchased a new stake in FB Bancorp during the 4th quarter worth $57,000. Schonfeld Strategic Advisors LLC bought a new stake in shares of FB Bancorp in the 4th quarter worth about $263,000. OMERS ADMINISTRATION Corp bought a new stake in shares of FB Bancorp in the 4th quarter worth about $383,000. Finally, Citadel Advisors LLC bought a new stake in shares of FB Bancorp in the 4th quarter worth about $414,000.

FB Bancorp Stock Performance

FBLA opened at $11.97 on Thursday. The company has a 50-day moving average of $11.57 and a 200-day moving average of $11.28. FB Bancorp, Inc. has a 1-year low of $9.81 and a 1-year high of $12.74. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.07 and a quick ratio of 1.04.

FB Bancorp (NASDAQ:FBLA) last released its earnings results on Thursday, August 14th. The company reported $0.05 earnings per share for the quarter. The company had revenue of $18.11 million during the quarter. FB Bancorp had a negative net margin of 5.40% and a negative return on equity of 1.62%.

FB Bancorp Profile

FB Bancorp Inc operates as a bank holding company for Fidelity Bank. The Company, through its subsidiaries, provides deposit accounts, mortgages, home equity and consumer loans, credit and debit cards, online and mobile banking, investments and other financial services. FB Bancorp Inc is based in New Orleans.