Q1 Earnings Estimate for First Bank Issued By DA Davidson

First Bank (NASDAQ:FRBA) – DA Davidson issued their Q1 2025 earnings per share estimates for First Bank in a report released on Tuesday, January 28th. DA Davidson analyst M. Navas anticipates that the bank will post earnings per share of $0.39 for the quarter. The consensus estimate for First Bank’s current full-year earnings is $1.65 per share.

Several other research firms have also recently issued reports on FRBA. StockNews.com cut shares of First Bank from a “buy” rating to a “hold” rating in a report on Monday. Piper Sandler reiterated an “overweight” rating and issued a $17.00 price objective (down previously from $18.00) on shares of First Bank in a research note on Wednesday, October 30th.

First Bank Stock Performance

Shares of FRBA opened at $15.28 on Wednesday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.11 and a current ratio of 1.11. The firm has a fifty day moving average of $14.26 and a 200-day moving average of $14.63. The company has a market cap of $299.03 million, a price-to-earnings ratio of 9.61 and a beta of 0.95. First Bank has a 1 year low of $11.20 and a 1 year high of $15.87.

First Bank (NASDAQ:FRBA) last issued its quarterly earnings results on Thursday, January 23rd. The bank reported $0.42 EPS for the quarter, topping the consensus estimate of $0.39 by $0.03. First Bank had a net margin of 18.19% and a return on equity of 11.65%.

First Bank Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date is Friday, February 7th. First Bank’s dividend payout ratio is 15.09%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. FNY Investment Advisers LLC acquired a new position in First Bank during the 4th quarter worth about $98,000. SG Americas Securities LLC acquired a new stake in shares of First Bank in the 3rd quarter valued at approximately $113,000. Hsbc Holdings PLC acquired a new position in shares of First Bank in the 2nd quarter valued at $162,000. Fourthstone LLC bought a new stake in shares of First Bank in the third quarter worth about $199,000. Finally, GSA Capital Partners LLP bought a new position in First Bank in the third quarter valued at approximately $294,000. 64.86% of the stock is currently owned by institutional investors and hedge funds.

First Bank Company Profile

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.