Should I buy or sell First Bank stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Bank in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FRBA shares. View FRBA analyst ratings or view top-rated stocks .

What is First Bank's stock price target for 2024?

1 brokerages have issued twelve-month price objectives for First Bank's stock. Their FRBA share price targets range from $14.00 to $14.00. On average, they expect the company's stock price to reach $14.00 in the next year. This suggests a possible upside of 14.5% from the stock's current price. View analysts price targets for FRBA or view top-rated stocks among Wall Street analysts .

How have FRBA shares performed in 2024?

First Bank's stock was trading at $14.70 at the start of the year. Since then, FRBA stock has decreased by 16.8% and is now trading at $12.23. View the best growth stocks for 2024 here .

Are investors shorting First Bank?

First Bank saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 138,200 shares, a drop of 20.9% from the March 15th total of 174,700 shares. Based on an average daily trading volume, of 52,500 shares, the days-to-cover ratio is currently 2.6 days. Currently, 0.6% of the company's shares are sold short. View First Bank's Short Interest .

When is First Bank's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024. View our FRBA earnings forecast .

How can I listen to First Bank's earnings call?

First Bank will be holding an earnings conference call on Tuesday, April 23rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were First Bank's earnings last quarter?

First Bank (NASDAQ:FRBA) announced its quarterly earnings data on Wednesday, January, 24th. The bank reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.12. The bank had revenue of $28 million for the quarter, compared to analyst estimates of $30.95 million. First Bank had a net margin of 12.06% and a trailing twelve-month return on equity of 11.21%.

How often does First Bank pay dividends? What is the dividend yield for First Bank?

First Bank declared a quarterly dividend on Thursday, February 8th. Investors of record on Friday, February 9th will be given a dividend of $0.06 per share on Friday, February 23rd. This represents a $0.24 annualized dividend and a yield of 1.96%. The ex-dividend date of this dividend is Thursday, February 8th. Read our dividend analysis for FRBA .

Is First Bank a good dividend stock?

First Bank (NASDAQ:FRBA) pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.94%. The dividend payout ratio is 24.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FRBA will have a dividend payout ratio of 13.19% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FRBA .

What other stocks do shareholders of First Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Bank investors own include Micron Technology (MU) , Graco (GGG) , First Republic Bank (FRC) , Pfizer (PFE) , AbbVie (ABBV) , Advanced Micro Devices (AMD) , Edwards Lifesciences (EW) , JELD-WEN (JELD) , Activision Blizzard (ATVI) .

How do I buy shares of First Bank?

Shares of FRBA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:FRBA

First Bank (FRBA) Stock Price, News & Analysis

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$12.23

-0.17 (-1.37%)

(As of 04/15/2024 ET)

Compare

Today's Range: $12.03
▼
$12.40
50-Day Range: $12.23
▼
$13.98
52-Week Range: $8.59
▼
$15.17

Volume: 57,412 shs
Average Volume: 38,474 shs
Market Capitalization: $239.34 million

P/E Ratio: 12.35
Dividend Yield: 1.96%
Price Target: $14.00

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First Bank MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 14.5% Upside
$14.00 Price Target
Short Interest: Healthy
0.59% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.60
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 5.20%
From $1.73 to $1.82 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.65 out of 5 stars

Finance Sector

391st out of 876 stocks

State Commercial Banks Industry

102nd out of 179 stocks

2.5

Analyst's Opinion

Consensus Rating
First Bank has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
First Bank has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.59% of the float of First Bank has been sold short.
Short Interest Ratio / Days to Cover
First Bank has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in First Bank has recently decreased by 20.89%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
First Bank pays a meaningful dividend of 1.94%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
First Bank does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of First Bank is 24.24%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, First Bank will have a dividend payout ratio of 13.19% next year. This indicates that First Bank will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FRBA.

2.0

News and Social Media Coverage

News Sentiment
First Bank has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for First Bank this week, compared to 3 articles on an average week.
MarketBeat Follows
Only 1 people have added First Bank to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Bank insiders have not sold or bought any company stock.
Percentage Held by Institutions
64.86% of the stock of First Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for First Bank are expected to grow by 5.20% in the coming year, from $1.73 to $1.82 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First Bank is 12.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.93.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Bank is 12.35, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.82.
Price to Book Value per Share Ratio
First Bank has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About First Bank Stock (NASDAQ: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 as owner-occupied, investor, construction and development, and multi-family loans; residential real estate loans comprising residential mortgages, first and second lien home equity loans, and revolving lines of credit; and consumer and other loans consists of auto, personal, traditional installment, and other loans. The company also provides electronic banking services, including Internet and mobile banking, electronic bill payment, and banking by phone; ATM and debit cards, and wire and ACH transfer services; remote deposit capture; and cash management services, as well as engages in the capital markets activities. It operates full-service branches in Cinnaminson, Delanco, Denville, Ewing, Fairfield, Flemington, Hamilton, Lawrence, Monroe, Pennington, Randolph, Somerset, and Williamstown, New Jersey; Doylestown, Trevose, Warminster, and West Chester, Paoli, Malvern, Coventry, Devon, Lionville, and Glen Mills Pennsylvania; and Palm Beach, Florida. First Bank was incorporated in 2007 and is headquartered in Hamilton, New Jersey.

FRBA Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FRBA Stock News Headlines

April 15, 2024 | investorplace.com

CFB Stock Earnings: CrossFirst Bankshares Beats EPS, Misses Revenue for Q1 2024

April 15, 2024 | americanbankingnews.com

First Bank (FRBA) Set to Announce Earnings on Monday

April 16, 2024 | InvestorPlace (Ad)

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April 10, 2024 | msn.com

After four-year delay, Red Bank could get its largest apartment building

March 28, 2024 | globenewswire.com

First Bank Announces First Quarter 2024 Earnings Conference Call

March 19, 2024 | bizjournals.com

Silicon Valley Bank’s new owner First Citizens Bank raises its Bay Area profile

March 12, 2024 | msn.com

Bank transfers could take up to four days in fraud crackdown

March 5, 2024 | prnewswire.com

FIRST BANK AWARDED GREENWICH EXCELLENCE AWARDS IN SMALL BUSINESS BANKING

April 16, 2024 | InvestorPlace (Ad)

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February 28, 2024 | globenewswire.com

Climate First Bank Celebrates Breakthrough Year Surpassing $540 Million in Assets

February 24, 2024 | benzinga.com

First Bank Stock (NASDAQ:FRBA) Dividends: History, Yield and Dates

February 23, 2024 | bizjournals.com

First Savings Bank names new board chair

February 23, 2024 | msn.com

Dominican authorities freeze Wander Franco’s bank accounts amid dispute

February 9, 2024 | finance.yahoo.com

Institutions own 36% of First Bank (NASDAQ:FRBA) shares but retail investors control 43% of the company

February 8, 2024 | msn.com

First Security Bank helps elementary students with mock bank

February 6, 2024 | msn.com

First Bank (FRBA) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now

February 5, 2024 | marketwatch.com

First National Bank of Pennsylvania Agrees to Pay $13.5M to Resolve Allegations of Redlining in N.C.

February 3, 2024 | msn.com

Bank Of America Expects Fed's First Rate Cut To Be Delayed Until June After Central Bank's Surprisingly Cautious Guidance

January 31, 2024 | finance.yahoo.com

Here's Why Momentum in First Bank (FRBA) Should Keep going

January 24, 2024 | finance.yahoo.com

First Bank (FRBA) Q4 Earnings Beat Estimates

January 24, 2024 | finance.yahoo.com

First Bank Announces Fourth Quarter 2023 Net Income of $8.4 Million and Full Year Net Income of $20.9 Million

January 24, 2024 | investing.com

India bank liquidity deficit hits record high

January 23, 2024 | benzinga.com

Preview: First Bank's Earnings

January 17, 2024 | bizjournals.com

First Citizens hires TD Bank veteran for new CIO position

January 16, 2024 | finance.yahoo.com

Are Investors Undervaluing First Bank (FRBA) Right Now?

January 10, 2024 | msn.com

Fed will let emergency bank-loan program expire, top official says

January 5, 2024 | seekingalpha.com

First Industrial Is Positioned For A Strong 2024

See More Headlines

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Company Calendar

Last Earnings: 1/24/2024
Ex-Dividend for 2/23 Dividend: 2/08/2024
Dividend Payable: 2/23/2024
Today: 4/16/2024
Next Earnings (Confirmed): 4/22/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: State commercial banks
Sub-Industry: N/A
Current Symbol: NASDAQ:FRBA
CUSIP: N/A
CIK: N/A
Web: www.firstbanknj.com
Phone: (609) 528-4400
Fax: N/A
Employees: 280
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $14.00
High Stock Price Target: $14.00
Low Stock Price Target: $14.00
Potential Upside/Downside: +14.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.99
Trailing P/E Ratio: 12.35
Forward P/E Ratio: 7.07
P/E Growth: N/A
Net Income: $20.90 million
Net Margins: 12.06%
Pretax Margin: 15.67%
Return on Equity: 11.21%
Return on Assets: 1.15%

Debt

Debt-to-Equity Ratio: 0.63
Current Ratio: 1.09
Quick Ratio: 1.08

Sales & Book Value

Annual Sales: $103.80 million
Price / Sales: 2.31
Cash Flow: $1.52 per share
Price / Cash Flow: 8.03
Book Value: $18.95 per share
Price / Book: 0.65

Miscellaneous

Outstanding Shares: 19,569,000
Free Float: N/A
Market Cap: $239.33 million
Optionable: Optionable
Beta: 0.87

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Key Executives

Mr. Patrick L. Ryan (Age 48)
President, CEO & Director
Comp: $871.69k
Mr. Andrew L. Hibshman (Age 42)
Executive VP, Treasurer & CFO
Comp: $357.53k
Mr. John F. Shepardson (Age 49)
Executive VP & COO
Comp: $344.59k
Mr. Peter J. Cahill (Age 67)
Executive VP & Chief Lending Officer
Comp: $377.45k
Mr. Parwinder S. Virk
First Senior VP & Chief Accounting Officer
Mr. Gabriel K. Dragos
First Senior VP & CTO
Mr. Ernest Springer
VP & Compliance Officer
Mr. Michael Smith
First Senior VP and Director of Small Business & Corporate Development
Ms. Kimberly Cerasi
First Senior VP & Director of Human Resources
Mr. Stephen F. Carman (Age 67)
First Senior VP & Senior Accounting Officer
Comp: $306.65k

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

FRBA Stock Analysis - Frequently Asked Questions

Should I buy or sell First Bank stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Bank in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FRBA shares.
View FRBA analyst ratings or view top-rated stocks.
What is First Bank's stock price target for 2024?: 1 brokerages have issued twelve-month price objectives for First Bank's stock. Their FRBA share price targets range from $14.00 to $14.00. On average, they expect the company's stock price to reach $14.00 in the next year. This suggests a possible upside of 14.5% from the stock's current price.
View analysts price targets for FRBA or view top-rated stocks among Wall Street analysts.
How have FRBA shares performed in 2024?: First Bank's stock was trading at $14.70 at the start of the year. Since then, FRBA stock has decreased by 16.8% and is now trading at $12.23.
View the best growth stocks for 2024 here.
Are investors shorting First Bank?: First Bank saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 138,200 shares, a drop of 20.9% from the March 15th total of 174,700 shares. Based on an average daily trading volume, of 52,500 shares, the days-to-cover ratio is currently 2.6 days. Currently, 0.6% of the company's shares are sold short.
View First Bank's Short Interest.
When is First Bank's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024.
View our FRBA earnings forecast.
How can I listen to First Bank's earnings call?: First Bank will be holding an earnings conference call on Tuesday, April 23rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were First Bank's earnings last quarter?: First Bank (NASDAQ:FRBA) announced its quarterly earnings data on Wednesday, January, 24th. The bank reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.12. The bank had revenue of $28 million for the quarter, compared to analyst estimates of $30.95 million. First Bank had a net margin of 12.06% and a trailing twelve-month return on equity of 11.21%.
How often does First Bank pay dividends? What is the dividend yield for First Bank?: First Bank declared a quarterly dividend on Thursday, February 8th. Investors of record on Friday, February 9th will be given a dividend of $0.06 per share on Friday, February 23rd. This represents a $0.24 annualized dividend and a yield of 1.96%. The ex-dividend date of this dividend is Thursday, February 8th.
Read our dividend analysis for FRBA.
Is First Bank a good dividend stock?: First Bank (NASDAQ:FRBA) pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.94%. The dividend payout ratio is 24.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FRBA will have a dividend payout ratio of 13.19% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FRBA.
What other stocks do shareholders of First Bank own?: Based on aggregate information from My MarketBeat watchlists, some companies that other First Bank investors own include Micron Technology (MU), Graco (GGG), First Republic Bank (FRC), Pfizer (PFE), AbbVie (ABBV), Advanced Micro Devices (AMD), Edwards Lifesciences (EW), JELD-WEN (JELD), Activision Blizzard (ATVI).
How do I buy shares of First Bank?: Shares of FRBA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FRBA) was last updated on 4/16/2024 by MarketBeat.com Staff

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