First Bank Dividends and Buybacks

Dividend criteria checks 3/6

First Bank is a dividend paying company with a current yield of 1.71% that is well covered by earnings.

Key information

1.7%

Dividend yield

-0.2%

Buyback Yield

Total Shareholder Yield	1.5%
Future Dividend Yield	1.9%
Dividend Growth	13.2%
Next dividend pay date	n/a
Ex dividend date	n/a
Dividend per share	US$0.240
Payout ratio	15%

Recent dividend and buyback updates

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

Oct 27

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

May 01

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

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, FRBA has been paying a dividend for less than 10 years.

Growing Dividend: FRBA's dividend payments have increased, but the company has only paid a dividend for 8 years.

Dividend Yield vs Market

First Bank Dividend Yield vs Market

How does FRBA dividend yield compare to the market?
Segment	Dividend Yield
Company (FRBA)	1.7%
Market Bottom 25% (US)	1.4%
Market Top 25% (US)	4.5%
Industry Average (Banks)	2.7%
Analyst forecast (FRBA) (up to 3 years)	1.9%

Notable Dividend: FRBA's dividend (1.71%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: FRBA's dividend (1.71%) is low compared to the top 25% of dividend payers in the US market (4.5%).

Current Payout to Shareholders

Earnings Coverage: With its low payout ratio (15%), FRBA's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: FRBA's dividends in 3 years are forecast to be well covered by earnings (15.7% payout ratio).

Discover strong dividend paying companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 00:00
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

Analyst	Institution
Bryce Rowe	Baird
Erik Zwick	Boenning & Scattergood, Inc.
null null	D.A. Davidson & Co.

First Bank Dividends and Buybacks

Dividend criteria checks 3/6

Key information

Recent dividend and buyback 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 Declares a Quarterly Cash Dividend, Payable on August 23, 2024

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

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

Upcoming dividend of US$0.06 per share

First quarter 2022 earnings: EPS in line with expectations, revenues disappoint

First Bank Reports Net Charge-Offs for the First Quarter Ended March 31, 2022

First Bank to Report Q1, 2022 Results on Apr 25, 2022

Upcoming dividend of US$0.06 per share

Price target increased to US$18.38

First Bank Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2021

Third quarter 2021 earnings released: EPS US$0.46 (vs US$0.30 in 3Q 2020)

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

First Bank (NasdaqGM:FRBA) entered into a definitive agreement to acquire Premises and Equipment, all Deposits and Performing Loans of Two New Jersey Branch from OceanFirst Bank, National Association.