Declared Dividend • Aug 04
Second quarter dividend of US$0.09 announced Shareholders will receive a dividend of US$0.09. Ex-date: 7th August 2026 Payment date: 21st August 2026 Dividend yield will be 1.9%, which is lower than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 5.6% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 26
Second quarter 2026 earnings released: EPS: US$0.44 (vs US$0.41 in 2Q 2025) Second quarter 2026 results: EPS: US$0.44 (up from US$0.41 in 2Q 2025). Revenue: US$34.7m (up 1.7% from 2Q 2025). Net income: US$10.9m (up 6.0% from 2Q 2025). Profit margin: 31% (up from 30% in 2Q 2025). Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 9% per year. Aankondiging • Jul 02
First Bank to Report Q2, 2026 Results on Jul 23, 2026 First Bank announced that they will report Q2, 2026 results After-Market on Jul 23, 2026 Aankondiging • Apr 29
First Bank announces Quarterly dividend, payable on May 22, 2026 First Bank announced Quarterly dividend of USD 0.0900 per share payable on May 22, 2026, ex-date on May 08, 2026 and record date on May 08, 2026. Aankondiging • Apr 03
First Bank to Report Q1, 2026 Results on Apr 27, 2026 First Bank announced that they will report Q1, 2026 results After-Market on Apr 27, 2026 Aankondiging • Mar 25
First Bank, Annual General Meeting, Apr 29, 2026 First Bank, Annual General Meeting, Apr 29, 2026. Location: meetnow.global/mpjkaqx, United States Aankondiging • Jan 28
First Bancorp and First Bank Announces Retirement of Mary Clara Capel from Board of Directors, Effective January 27, 2026 On January 27, 2026, First Bancorp announced the retirement of Mary Clara Capel from the First Bancorp and First Bank Board of Directors effective January 27, 2026. Ms. Capel has served as a director of the Company since 2005 and is a former Chair of the Board of Directors. Ms. Capel served as Director of Administration and Marketing at Capel, Incorporated, from 1981 until her retirement in September 2017. She brought extensive business executive decision-making and oversight skills from her 37 years with the third-generation family business, which grew from its rug manufacturing operation in Troy, North Carolina to importing and exporting rugs worldwide. Ms. Capel is a past member of the North Carolina Banking Commission and has attended the North Carolina Bank Directors' College. Her leadership and expertise have been invaluable to First Bancorp throughout her tenure. Aankondiging • Jan 05
First Bank to Report Q4, 2025 Results on Jan 26, 2026 First Bank announced that they will report Q4, 2025 results After-Market on Jan 26, 2026 Aankondiging • Oct 01
First Bank to Report Q3, 2025 Results on Oct 22, 2025 First Bank announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 22, 2025 Aankondiging • Jul 03
First Bank to Report Q2, 2025 Results on Jul 22, 2025 First Bank announced that they will report Q2, 2025 results After-Market on Jul 22, 2025 Aankondiging • Jun 19
First Bank announced that it has received $35 million in funding First Bank announced a private placement of f fixed-to-floating rate subordinated notes for gross proceeds of $35 million on June 18, 2025. The notes have a maturity date of June 30, 2035, and carry a fixed rate of interest of 7.125% for the first five years. Thereafter, the notes will pay interest at a floating rate, reset quarterly, equal to the then current three-month Secured Overnight Financing Rate (“SOFR”) plus 343 basis points. The notes may be redeemed at the option of the Bank, without penalty, on or after June 30, 2030. The notes have been structured to qualify as Tier 2 capital for regulatory purposes. Aankondiging • Apr 24
First Bank announces Quarterly dividend, payable on May 23, 2025 First Bank announced Quarterly dividend of USD 0.0600 per share payable on May 23, 2025, ex-date on May 09, 2025 and record date on May 09, 2025. Aankondiging • Apr 02
First Bank to Report Q1, 2025 Results on Apr 22, 2025 First Bank announced that they will report Q1, 2025 results After-Market on Apr 22, 2025 Aankondiging • Jan 24
First Bank Announces Quarterly Dividend Payable on February 21, 2025 On January 21, 2025, First Bank’s Board of Directors declared a quarterly cash dividend of $0.06 per share to common stockholders of record at the close of business on February 7, 2025, payable on February 21, 2025. Aankondiging • Jan 02
First Bank to Report Q4, 2024 Results on Jan 23, 2025 First Bank announced that they will report Q4, 2024 results After-Market on Jan 23, 2025 Declared Dividend • Oct 28
Third quarter dividend of US$0.06 announced Shareholders will receive a dividend of US$0.06. Ex-date: 8th November 2024 Payment date: 22nd November 2024 Dividend yield will be 1.8%, which is lower than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 15% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 3.5% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: US$0.32 (vs US$0.053 loss in 3Q 2023) Third quarter 2024 results: EPS: US$0.32 (up from US$0.053 loss in 3Q 2023). Revenue: US$31.0m (up 40% from 3Q 2023). Net income: US$8.16m (up US$9.43m from 3Q 2023). Profit margin: 26% (up from net loss in 3Q 2023). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Aankondiging • Oct 25
First Bank Announces Third Quarter Dividend Payable on November 22, 2024 On October 15, 2024, the First Bank's Board of Directors declared a quarterly cash dividend of $0.06 per share to common stockholders of record at the close of business on November 8, 2024, payable on November 22, 2024. Aankondiging • Oct 24
First Bank (NasdaqGM:FRBA) announces an Equity Buyback for 1,000,000 shares, for $16 million. First Bank (NasdaqGM:FRBA) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares for $16 million. The program is valid till September 30, 2025. Aankondiging • Sep 27
First Bank to Report Q3, 2024 Results on Oct 23, 2024 First Bank announced that they will report Q3, 2024 results After-Market on Oct 23, 2024 Declared Dividend • Jul 29
Second quarter dividend of US$0.06 announced Shareholders will receive a dividend of US$0.06. Ex-date: 9th August 2024 Payment date: 23rd August 2024 Dividend yield will be 1.7%, which is lower than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 15% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 19% over the next year, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €12.90, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 24% over the past year. Aankondiging • Jun 27
First Bank to Report Q2, 2024 Results on Jul 24, 2024 First Bank announced that they will report Q2, 2024 results After-Market on Jul 24, 2024 Declared Dividend • Apr 29
First quarter dividend of US$0.06 announced Shareholders will receive a dividend of US$0.06. Ex-date: 9th May 2024 Payment date: 24th May 2024 Dividend yield will be 2.1%, which is lower than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 17% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 22% over the next year, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Apr 28
President recently bought €84k worth of stock On the 24th of April, Patrick Ryan bought around 8k shares on-market at roughly €11.20 per share. This transaction amounted to 2.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €128k. This was Patrick's only on-market trade for the last 12 months. Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: US$0.50 (vs US$0.36 in 1Q 2023) First quarter 2024 results: EPS: US$0.50 (up from US$0.36 in 1Q 2023). Revenue: US$33.0m (up 46% from 1Q 2023). Net income: US$12.5m (up 79% from 1Q 2023). Profit margin: 38% (up from 31% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Banks industry in Europe. New Risk • Apr 05
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €243k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (22% net profit margin). Shareholders have been diluted in the past year (28% increase in shares outstanding). Significant insider selling over the past 3 months (€243k sold). Recent Insider Transactions • Feb 23
Director recently sold €91k worth of stock On the 15th of February, Howard Kent sold around 7k shares on-market at roughly €13.02 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €109k. Despite this recent sale, insiders have collectively bought €43k more than they sold in the last 12 months. Recent Insider Transactions • Feb 18
Director recently sold €109k worth of stock On the 12th of February, Howard Kent sold around 8k shares on-market at roughly €13.04 per share. This transaction amounted to 5.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €134k more than they sold in the last 12 months. Upcoming Dividend • Feb 01
Upcoming dividend of US$0.06 per share at 1.7% yield Eligible shareholders must have bought the stock before 08 February 2024. Payment date: 23 February 2024. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.1%). Declared Dividend • Jan 29
Fourth quarter dividend of US$0.06 announced Shareholders will receive a dividend of US$0.06. Ex-date: 8th February 2024 Payment date: 23rd February 2024 Dividend yield will be 1.7%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by earnings (25% payout ratio) and is expected to be well covered in 3 years' time (14% forecast payout ratio). The dividend has increased by an average of 17% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 65% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Nov 20
President recently bought €84k worth of stock On the 15th of November, Patrick Ryan bought around 15k shares on-market at roughly €5.59 per share. This transaction amounted to 5.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Patrick's only on-market trade for the last 12 months. Upcoming Dividend • Nov 03
Upcoming dividend of US$0.06 per share at 2.0% yield Eligible shareholders must have bought the stock before 09 November 2023. Payment date: 24 November 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.4%). Aankondiging • Sep 29
First Bank to Report Q3, 2023 Results on Oct 25, 2023 First Bank announced that they will report Q3, 2023 results After-Market on Oct 25, 2023 New Risk • Aug 18
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 28% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (28% increase in shares outstanding). Upcoming Dividend • Aug 03
Upcoming dividend of US$0.06 per share at 1.9% yield Eligible shareholders must have bought the stock before 10 August 2023. Payment date: 25 August 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.0%). Reported Earnings • Jul 29
Second quarter 2023 earnings released: EPS: US$0.35 (vs US$0.45 in 2Q 2022) Second quarter 2023 results: EPS: US$0.35 (down from US$0.45 in 2Q 2022). Revenue: US$22.8m (down 1.2% from 2Q 2022). Net income: US$6.80m (down 23% from 2Q 2022). Profit margin: 30% (down from 38% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Banks industry in Europe. Aankondiging • Jun 30
First Bank to Report Q2, 2023 Results on Jul 26, 2023 First Bank announced that they will report Q2, 2023 results After-Market on Jul 26, 2023 Recent Insider Transactions • May 10
Independent Director recently bought €82k worth of stock On the 4th of May, Peter Pantages bought around 10k shares on-market at roughly €8.21 per share. This transaction amounted to 5.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €206k more in shares than they have sold in the last 12 months. Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: US$0.36 (vs US$0.42 in 1Q 2022) First quarter 2023 results: EPS: US$0.36 (down from US$0.42 in 1Q 2022). Revenue: US$22.7m (up 4.1% from 1Q 2022). Net income: US$6.99m (down 14% from 1Q 2022). Profit margin: 31% (down from 38% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Banks industry in Europe. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €10.20, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Banks industry in Europe. Total loss to shareholders of 18% over the past year. Upcoming Dividend • Feb 02
Upcoming dividend of US$0.06 per share at 1.7% yield Eligible shareholders must have bought the stock before 09 February 2023. Payment date: 24 February 2023. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.3%). Aankondiging • Jan 28
First Bank Declares Quarterly Cash Dividend, Payable on February 24, 2023 First Bank announced that on January 17, 2023, First Bank’s Board of Directors declared a quarterly cash dividend of $0.06 per share to common stockholders of record at the close of business on February 10, 2023, payable on February 24, 2023. Reported Earnings • Jan 28
Full year 2022 earnings released: EPS: US$1.86 (vs US$1.81 in FY 2021) Full year 2022 results: EPS: US$1.86 (up from US$1.81 in FY 2021). Revenue: US$94.6m (up 5.3% from FY 2021). Net income: US$36.3m (up 2.4% from FY 2021). Profit margin: 38% (down from 39% in FY 2021). The decrease in margin was driven by higher expenses. Non-performing loans: 0.27% (down from 0.61% in FY 2021). Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Aankondiging • Jan 04
First Bank to Report Q4, 2022 Results on Jan 25, 2023 First Bank announced that they will report Q4, 2022 results After-Market on Jan 25, 2023 Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. Independent Director Scott Gamble was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 02
Upcoming dividend of US$0.06 per share Eligible shareholders must have bought the stock before 09 November 2022. Payment date: 25 November 2022. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.6%). Aankondiging • Oct 27
First Bank Declares Quarterly Cash Dividend, Payable on November 25, 2022 On October 18, 2022, First Bank’s Board of Directors declared a quarterly cash dividend of $0.06 per share to common stockholders of record at the close of business on November 11, 2022, payable on November 25, 2022. Aankondiging • Sep 30
First Bank to Report Q3, 2022 Results on Oct 25, 2022 First Bank announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Oct 25, 2022 Upcoming Dividend • Aug 04
Upcoming dividend of US$0.06 per share Eligible shareholders must have bought the stock before 11 August 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (7.1%). Reported Earnings • Jul 29
Second quarter 2022 earnings released: EPS: US$0.45 (vs US$0.45 in 2Q 2021) Second quarter 2022 results: EPS: US$0.45 (down from US$0.45 in 2Q 2021). Revenue: US$23.1m (up 5.2% from 2Q 2021). Net income: US$8.82m (flat on 2Q 2021). Profit margin: 38% (down from 41% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 15%, compared to a 20% growth forecast for the industry in Germany. Aankondiging • Jul 28
First Bank Announces Net Charge-Offs for the Second Quarter Ended June 30, 2022 First Bank announced net charge-offs for the second quarter ended June 30, 2022. Net charge offs of $404,000 for the second quarter of 2022 were 0.07% of average loans on an annualized basis. This compares to net charge offs of $116,000, or an annualized 0.02% of average loans, for the second quarter of 2021 and net charge offs of $247,000, or an annualized 0.05%, for the first quarter of 2022. Aankondiging • Jul 02
First Bank to Report Q2, 2022 Results on Jul 26, 2022 First Bank announced that they will report Q2, 2022 results at 4:00 PM, US Eastern Standard Time on Jul 26, 2022 Upcoming Dividend • May 05
Upcoming dividend of US$0.06 per share Eligible shareholders must have bought the stock before 12 May 2022. Payment date: 27 May 2022. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.1%). Lower than average of industry peers (6.5%). Reported Earnings • Apr 28
First quarter 2022 earnings released: EPS: US$0.42 (vs US$0.49 in 1Q 2021) First quarter 2022 results: EPS: US$0.42 (down from US$0.49 in 1Q 2021). Revenue: US$21.8m (down 6.9% from 1Q 2021). Net income: US$8.16m (down 16% from 1Q 2021). Profit margin: 38% (down from 41% in 1Q 2021). Over the next year, revenue is forecast to grow 10%, compared to a 8.7% growth forecast for the industry in Germany. Aankondiging • Apr 02
First Bank to Report Q1, 2022 Results on Apr 25, 2022 First Bank announced that they will report Q1, 2022 results After-Market on Apr 25, 2022 Upcoming Dividend • Feb 03
Upcoming dividend of US$0.06 per share Eligible shareholders must have bought the stock before 10 February 2022. Payment date: 25 February 2022. Payout ratio is a comfortable 7.0% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.3%). Aankondiging • Jan 27
First Bank Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2021 First Bank reported net charge-offs for the fourth quarter ended December 31, 2021. For the quarter, the company reported net charge-offs were $6,000 for the fourth quarter of 2021, compared to net charge-offs of $465,000 for the fourth quarter of 2020. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS US$0.46 (vs US$0.30 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$22.5m (up 26% from 3Q 2020). Net income: US$9.04m (up 53% from 3Q 2020). Profit margin: 40% (up from 33% in 3Q 2020). The increase in margin was driven by higher revenue. 
