company background image
FRBA logo

First Bank NasdaqGM:FRBA Stock Report

Last Price

US$14.02

Market Cap

US$352.3m

7D

-4.6%

1Y

-5.8%

Updated

23 Dec, 2024

Data

Company Financials +

FRBA Stock Overview

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

FRBA fundamental analysis
Snowflake Score
Valuation6/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

US$17.67
FV
20.6% undervalued intrinsic discount
6.31%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
5 days ago author updated this narrative

First Bank Competitors

Price History & Performance

Summary of share price highs, lows and changes for First Bank
Historical stock prices
Current Share PriceUS$14.02
52 Week HighUS$15.87
52 Week LowUS$11.20
Beta0.94
1 Month Change-5.27%
3 Month Change-7.88%
1 Year Change-5.78%
3 Year Change-3.84%
5 Year Change27.22%
Change since IPO33.52%

Recent News & Updates

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

Oct 27
First Bank (NASDAQ:FRBA) Is Paying Out A Dividend Of $0.06

Recent updates

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

Oct 27
First Bank (NASDAQ:FRBA) Is Paying Out A Dividend Of $0.06

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

May 01
First Bank (NASDAQ:FRBA) Will Pay A Dividend Of $0.06

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

Jan 28
First Bank's (NASDAQ:FRBA) Dividend Will Be $0.06

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

Oct 29
First Bank's (NASDAQ:FRBA) Dividend Will Be $0.06

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

Jul 30
First Bank (NASDAQ:FRBA) Will Pay A Dividend Of $0.06

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

May 06
First Bank (NASDAQ:FRBA) Is Paying Out A Dividend Of $0.06

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

Apr 30
Earnings Miss: First Bank Missed EPS By 5.3% And Analysts Are Revising Their Forecasts

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

Jan 29
First Bank (NASDAQ:FRBA) Is Due To Pay A Dividend Of $0.06

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

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

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

Mar 02
First Bank's (NASDAQ:FRBA) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

Shareholder Returns

FRBAUS BanksUS Market
7D-4.6%-3.5%-2.7%
1Y-5.8%29.1%23.4%

Return vs Industry: FRBA underperformed the US Banks industry which returned 29.1% over the past year.

Return vs Market: FRBA underperformed the US Market which returned 23.4% over the past year.

Price Volatility

Is FRBA's price volatile compared to industry and market?
FRBA volatility
FRBA Average Weekly Movement4.2%
Banks Industry Average Movement5.2%
Market Average Movement6.3%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

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

FoundedEmployeesCEOWebsite
2007313Pat Ryanwww.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 capUS$352.31m
Earnings (TTM)US$40.13m
Revenue (TTM)US$123.43m

8.8x

P/E Ratio

0.9x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FRBA income statement (TTM)
RevenueUS$123.43m
Cost of RevenueUS$0
Gross ProfitUS$123.43m
Other ExpensesUS$83.31m
EarningsUS$40.13m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.59
Gross Margin100.00%
Net Profit Margin32.51%
Debt/Equity Ratio68.9%

How did FRBA perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

15%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 00:00
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First Bank is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bryce RoweBaird
Erik ZwickBoenning & Scattergood, Inc.
null nullD.A. Davidson & Co.