First Bank Dividend

Dividend criteria checks 2/6

First Bank is a dividend paying company with a current yield of 1.97% that is well covered by earnings. Next payment date is on 24th May, 2024 with an ex-dividend date of 9th May, 2024.

Key information

2.0%

Dividend yield

21%

Payout ratio

Industry average yield	3.0%
Next dividend pay date	24 May 24
Ex dividend date	09 May 24
Dividend per share	n/a
Earnings per share	US$1.05
Dividend yield forecast in 3Y	2.1%

Recent dividend updates

Recent updates

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

May 01

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

Jan 28

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

Oct 29

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

Jul 30

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

May 06

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

Insider Buying: The First Bank (NASDAQ:FRBA) Independent Director Just Bought 66% More Shares

Feb 09

First Bank (NASDAQ:FRBA) Could Be A Buy For Its Upcoming Dividend

Feb 06

Should First Bank (NASDAQ:FRBA) Be Disappointed With Their 49% Profit?

Jan 27

Upcoming Dividend Payment

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 7 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)	2.0%
Market Bottom 25% (US)	1.5%
Market Top 25% (US)	4.7%
Industry Average (Banks)	3.0%
Analyst forecast in 3 Years (FRBA)	2.1%

Notable Dividend: FRBA's dividend (1.97%) is higher than the bottom 25% of dividend payers in the US market (1.54%).

High Dividend: FRBA's dividend (1.97%) is low compared to the top 25% of dividend payers in the US market (4.73%).

Current Payout to Shareholders

Earnings Coverage: With its low payout ratio (21.2%), FRBA's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.

First Bank Dividend

Dividend criteria checks 2/6

Key information

Recent dividend updates

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

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

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

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

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

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

Recent updates

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.

Price target increased to US$17.13

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

Executive VP, Treasurer & CFO Stephen Carman has left the company

Chief Accounting Officer & First Senior VP Andrew Hibshman has left the company

First quarter 2021 earnings released: EPS US$0.49 (vs US$0.16 in 1Q 2020)

Price target increased to US$16.38