How does FRBA's PE Ratio compare to its peers?

FRBA is good value based on its Price-To-Earnings Ratio (9.2x) compared to the peer average (10x).

How does FRBA's PE Ratio compare vs other companies in the US Banks Industry?

FRBA is good value based on its Price-To-Earnings Ratio (9.2x) compared to the US Banks industry average (12.9x).

What is FRBA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FRBA is good value based on its Price-To-Earnings Ratio (9.2x) compared to the estimated Fair Price-To-Earnings Ratio (11x).

What is the Fair Price of FRBA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

FRBA ($14.71) is trading below our estimate of [[fair value]] ($40.94)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

First Bank (Nasdaq:FRBA) - Stock Price, News & Analysis

FRBA Stock Overview

Provides various banking products and services to small to mid-sized businesses and individuals. More details

FRBA fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	0/6
Past Performance	5/6
Financial Health	6/6
Dividends	3/6

Rewards

Trading at 64.1% below our estimate of its fair value

Earnings grew by 85.6% over the past year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 20.1%

Risk Analysis

No risks detected for FRBA from our risk checks.

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WarrenAI

Based on Analyst Price Targets

Strong C&I Lending And Digital Initiatives Signal Long-Term Growth Amid Rate Challenges

Key Takeaways Robust loan and deposit growth in corporate segments positions the company for stronger earnings and improved revenue outlook. Balance sheet optimization and digital initiatives enhance stability, profitability, and long-term revenue growth.

View narrative

US$17.33

15.1% undervalued

6.31%

Revenue growth p.a.

4 days ago

First Bank Competitors

Civista Bancshares

NasdaqCM:CIVB

US$350.8m

Summit Financial Group

NasdaqGS:SMMF

US$377.4m

FS Bancorp

NasdaqCM:FSBW

US$358.4m

Citizens Financial Services

NasdaqCM:CZFS

US$331.1m

Price History & Performance

Summary of all time highs, changes and price drops for First Bank
Historical stock prices
Current Share Price	US$14.71
52 Week High	US$15.87
52 Week Low	US$11.20
Beta	0.94
11 Month Change	-4.42%
3 Month Change	-0.71%
1 Year Change	17.82%
33 Year Change	-4.42%
5 Year Change	36.71%
Change since IPO	40.10%

First Bank (NASDAQ:FRBA) Is Paying Out A Dividend Of $0.06

Oct 27

Recent updates

Earnings Miss: First Bank Missed EPS By 5.3% And Analysts Are Revising Their Forecasts

Apr 30

First Bank (NASDAQ:FRBA) Is Due To Pay A Dividend Of $0.06

Jan 29

First Bank goes ex dividend tomorrow

Aug 10

First Bank GAAP EPS of $0.45 beats by $0.02, revenue of $24.37M beats by $0.64M

Jul 26

First Bank: Strong Earnings And Cheap Valuation, The Perfect Investment Combination

Aug 06

First Bank (NASDAQ:FRBA) Will Pay A Dividend Of US$0.03

Jul 30

First Bank EPS beats by $0.14, beats on revenue

Apr 26

I Ran A Stock Scan For Earnings Growth And First Bank (NASDAQ:FRBA) Passed With Ease

Mar 23

First Bank's (NASDAQ:FRBA) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

Mar 02

Shareholder Returns

	FRBA	US Banks	US Market
7D	-1.5%	1.0%	-2.1%
1Y	17.8%	53.9%	29.6%

Return vs Industry: FRBA underperformed the US Banks industry which returned 53.9% over the past year.

Return vs Market: FRBA underperformed the US Market which returned 29.6% over the past year.

Price Volatility

Is FRBA's price volatile compared to industry and market?
FRBA volatility
FRBA Average Weekly Movement	4.3%
Banks Industry Average Movement	5.2%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.5%
10% least volatile stocks in US Market	3.1%

Stable Share Price: FRBA has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: FRBA's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2007	313	Pat Ryan	www.firstbanknj.com

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.

First Bank Fundamentals Summary

How do First Bank's earnings and revenue compare to its market cap?
FRBA fundamental statistics
Market cap	US$370.18m
Earnings (TTM)	US$40.13m
Revenue (TTM)	US$123.43m

9.2x

P/E Ratio

0.9x

P/B Ratio

Is FRBA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FRBA income statement (TTM)
Revenue	US$123.43m
Cost of Revenue	US$0
Gross Profit	US$123.43m
Other Expenses	US$83.31m
Earnings	US$40.13m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.59
Gross Margin	100.00%
Net Profit Margin	32.51%
Debt/Equity Ratio	68.9%

How did FRBA perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

15%

Payout Ratio

Does FRBA pay a reliable dividends?

See FRBA dividend history and benchmarks

When do you need to buy FRBA by to receive an upcoming dividend?
First Bank dividend dates
Ex Dividend Date	Nov 08 2024
Dividend Pay Date	Nov 22 2024
Days until Ex dividend	11 days
Days until Dividend pay date	3 days

Does FRBA pay a reliable dividends?

See FRBA dividend history and benchmarks

FRBA Stock Overview

Rewards

Risk Analysis

Strong C&I Lending And Digital Initiatives Signal Long-Term Growth Amid Rate Challenges

First Bank Competitors

NasdaqCM:CIVB

US$350.8m

NasdaqGS:SMMF

US$377.4m

NasdaqCM:FSBW

US$358.4m

NasdaqCM:CZFS

US$331.1m

Price History & Performance

Recent News & Updates

First Bank (NASDAQ:FRBA) Is Paying Out A Dividend Of $0.06

First Bank Announces Third Quarter Dividend Payable on November 22, 2024

First Bank (NasdaqGM:FRBA) announces an Equity Buyback for 1,000,000 shares, for $16 million.

First Bank to Report Q3, 2024 Results on Oct 23, 2024

First Bank Declares a Quarterly Cash Dividend, Payable on August 23, 2024

Recent updates

First Bank (NASDAQ:FRBA) Is Paying Out A Dividend Of $0.06

First Bank Announces Third Quarter Dividend Payable on November 22, 2024

First Bank (NasdaqGM:FRBA) announces an Equity Buyback for 1,000,000 shares, for $16 million.

First Bank to Report Q3, 2024 Results on Oct 23, 2024

First Bank Declares a Quarterly Cash Dividend, Payable on August 23, 2024

First Bank to Report Q2, 2024 Results on Jul 24, 2024

First Bank (NASDAQ:FRBA) Will Pay A Dividend Of $0.06

President recently bought US$90k worth of stock

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

First Bank Declares A Quarterly Cash Dividend, Payable on May 24, 2024

New minor risk - Insider selling

First Bank, Annual General Meeting, Apr 24, 2024

Executive VP & Chief Lending Officer exercised options to buy US$52k worth of stock.

Director recently sold US$98k worth of stock

Director recently sold US$117k worth of stock

Upcoming dividend of US$0.06 per share at 1.7% yield

First Bank's (NASDAQ:FRBA) Dividend Will Be $0.06

Fourth quarter dividend of US$0.06 announced

First Bank Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023

President recently bought US$91k worth of stock

New minor risk - Earnings quality

Upcoming dividend of US$0.06 per share at 2.0% yield

First Bank's (NASDAQ:FRBA) Dividend Will Be $0.06

Consensus EPS estimates fall by 14%

First Bank Declares Quarterly Cash Dividend, Payable on November 24, 2023

First Bank to Report Q3, 2023 Results on Oct 25, 2023

New minor risk - Shareholder dilution

Upcoming dividend of US$0.06 per share at 1.9% yield

First Bank (NASDAQ:FRBA) Will Pay A Dividend Of $0.06

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus EPS estimates increase by 17%

First Bank Announces Net Charge-Offs for the Second Quarter Ended June 30, 2023

First Bank to Report Q2, 2023 Results on Jul 26, 2023

Independent Director recently bought US$90k worth of stock

First Bank (NASDAQ:FRBA) Is Paying Out A Dividend Of $0.06

Upcoming dividend of US$0.06 per share at 2.6% yield

Earnings Miss: First Bank Missed EPS By 5.3% And Analysts Are Revising Their Forecasts

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Price target decreased by 15% to US$15.00

Investor sentiment deteriorates as stock falls 18%

Upcoming dividend of US$0.06 per share at 1.7% yield

Consensus EPS estimates fall by 14%

First Bank (NASDAQ:FRBA) Is Due To Pay A Dividend Of $0.06

First Bank Declares Quarterly Cash Dividend, Payable on February 24, 2023

Full year 2022 earnings: EPS and revenues miss analyst expectations

First Bank to Report Q4, 2022 Results on Jan 25, 2023

First Bank (NasdaqGM:FRBA) entered into a definitive merger agreement to acquire Malvern Bancorp, Inc. (NasdaqGM:MLVF) for approximately $150 million.

Insufficient new directors

Upcoming dividend of US$0.06 per share

First Bank Declares Quarterly Cash Dividend, Payable on November 25, 2022

First Bank to Report Q3, 2022 Results on Oct 25, 2022

Independent Director exercised options to buy US$82k worth of stock.

First Bank goes ex dividend tomorrow

Upcoming dividend of US$0.06 per share

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

First Bank Announces Net Charge-Offs for the Second Quarter Ended June 30, 2022

First Bank GAAP EPS of $0.45 beats by $0.02, revenue of $24.37M beats by $0.64M

Key Executive exercised options to buy US$72k worth of stock.

First Bank to Report Q2, 2022 Results on Jul 26, 2022