First Bank Past Earnings Performance

Past criteria checks 4/6

First Bank has been growing earnings at an average annual rate of 6.2%, while the Banks industry saw earnings growing at 3.1% annually. Revenues have been growing at an average rate of 11.7% per year. First Bank's return on equity is 9.3%, and it has net margins of 31.4%.

Key information

6.20%

Earnings growth rate

-0.95%

EPS growth rate

Banks Industry Growth	11.18%
Revenue growth rate	11.69%
Return on equity	9.33%
Net Margin	31.37%
Next Earnings Update	23 Jul 2026

Recent past performance updates

Recent updates

Analysis Article • Jan 30

First Bank's (NASDAQ:FRBA) Shareholders Will Receive A Bigger Dividend Than Last Year

The board of First Bank ( NASDAQ:FRBA ) has announced that it will be paying its dividend of $0.09 on the 20th of...

Analysis Article • Jul 26

First Bank (NASDAQ:FRBA) Has Affirmed Its Dividend Of $0.06

The board of First Bank ( NASDAQ:FRBA ) has announced that it will pay a dividend on the 22nd of August, with investors...

Analysis Article • Apr 24

Analyst Estimates: Here's What Brokers Think Of First Bank (NASDAQ:FRBA) After Its First-Quarter Report

It's been a good week for First Bank ( NASDAQ:FRBA ) shareholders, because the company has just released its latest...

Analysis Article • 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 on the 22nd of November. This means the annual payment will be...

New Narrative • Sep 24

Diversifying Loan Portfolio And Optimizing Deposit Costs Set To Drive Bank's Profitability Surge

Diversifying loan portfolios with a focus on specialized lending and relationship-based banking enhances revenue and reduces risk.

Analysis Article • May 01

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

The analyst might have been a bit too bullish on First Bank ( NASDAQ:FRBA ), given that the company fell short of...

Analysis Article • Jan 29

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

First Bank ( NASDAQ:FRBA ) will pay a dividend of $0.06 on the 24th of February. This payment means the dividend yield...

Seeking Alpha • Aug 10

First Bank goes ex dividend tomorrow

First Bank (NASDAQ:FRBA) has declared $0.06/share quarterly dividend, in line with previous. Payable Aug. 26; for shareholders of record Aug. 12; ex-div Aug. 11. See FRBA Dividend Scorecard, Yield Chart, & Dividend Growth.

Seeking Alpha • Jul 26

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

First Bank press release (NASDAQ:FRBA): Q2 GAAP EPS of $0.45 beats by $0.02. Revenue of $24.37M (+11.8% Y/Y) beats by $0.64M. Total loans of $2.22 billion on June 30, 2022, reflected growth of $68.5 million, or 3.2%, from the end of the first quarter of 2022 and were up $108.2 million, or 5.1%, from December 31, 2021. Loan growth, excluding the decline in Paycheck Protection Program (PPP) loans, totaled $84.0 million in the second quarter of 2022, representing a 15.8% annualized increase. Total deposits of $2.17 billion on June 30, 2022, were down $12.7 million, or 0.6%, from the end of the linked first quarter and up $50.6 million, or 2.4%, from December 31, 2021. Asset quality metrics remained solid during the quarter, with annualized net charge offs to average loans of 0.07% and nonperforming loans to total loans of 0.57% as of June 30, 2022, compared to 0.62% on December 31, 2021, and 0.59% on March 31, 2022.

Seeking Alpha • Aug 06

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

Solid expense management is the driving force behind the recent profitability improvement. The steeply discounted price, relative to peers, sets the stage for noteworthy outperformance. Good core loan growth likely results in sustainable market share gains.

Analysis Article • Jul 30

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

The board of First Bank ( NASDAQ:FRBA ) has announced that it will pay a dividend on the 20th of August, with investors...

Revenue & Expenses Breakdown

How First Bank makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGM:FRBA Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 26	134	42	67
31 Dec 25	135	44	66
30 Sep 25	135	42	66
30 Jun 25	131	38	65
31 Mar 25	128	39	63
31 Dec 24	129	42	62
30 Sep 24	123	40	60
30 Jun 24	115	31	58
31 Mar 24	106	26	55
31 Dec 23	96	21	52
30 Sep 23	92	22	49
30 Jun 23	95	33	45
31 Mar 23	96	35	43
31 Dec 22	95	36	42
30 Sep 22	92	35	41
30 Jun 22	89	34	40
31 Mar 22	88	34	39
31 Dec 21	90	35	38
30 Sep 21	87	34	38
30 Jun 21	82	31	38
31 Mar 21	76	26	37
31 Dec 20	66	19	36
30 Sep 20	64	18	34
30 Jun 20	60	14	33
31 Mar 20	58	12	33
31 Dec 19	58	13	32
30 Sep 19	55	12	32
30 Jun 19	57	17	31
31 Mar 19	57	18	31
31 Dec 18	55	18	29
30 Sep 18	53	14	27
30 Jun 18	49	11	25
31 Mar 18	43	9	22
31 Dec 17	39	7	20
30 Sep 17	34	8	18
30 Jun 17	31	8	17
31 Mar 17	30	7	17
31 Dec 16	28	6	16
30 Sep 16	26	5	16
30 Jun 16	23	4	15
31 Mar 16	22	4	15
31 Dec 15	23	4	15
30 Sep 15	23	4	15

Quality Earnings: FRBA has high quality earnings.

Growing Profit Margin: FRBA's current net profit margins (31.4%) are higher than last year (30.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: FRBA's earnings have grown by 6.2% per year over the past 5 years.

Accelerating Growth: FRBA's earnings growth over the past year (7.2%) exceeds its 5-year average (6.2% per year).

Earnings vs Industry: FRBA earnings growth over the past year (7.2%) did not outperform the Banks industry 23.3%.

Return on Equity

High ROE: FRBA's Return on Equity (9.3%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/07/10 22:35
End of Day Share Price	2026/07/10 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

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.

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 Github.

Analyst Sources

First Bank is covered by 6 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
null null	D.A. Davidson & Co.
Jacob Civiello	D.A. Davidson & Co.

First Bank Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

First Bank to Report Q2, 2026 Results on Jul 23, 2026

First Bank to Report Q1, 2026 Results on Apr 27, 2026

First Bank to Report Q4, 2025 Results on Jan 26, 2026

First Bank Reports Net Charge-Offs for the Third Quarter Ended September 30, 2025

First Bank to Report Q3, 2025 Results on Oct 22, 2025

First Bank to Report Q2, 2025 Results on Jul 22, 2025

Recent updates

First Bank to Report Q2, 2026 Results on Jul 23, 2026

Price target decreased by 8.0% to US$17.33

First Bank announces Quarterly dividend, payable on May 22, 2026

First Bank to Report Q1, 2026 Results on Apr 27, 2026

First Bank, Annual General Meeting, Apr 29, 2026

First Bank's (NASDAQ:FRBA) Shareholders Will Receive A Bigger Dividend Than Last Year

First Bancorp and First Bank Announces Retirement of Mary Clara Capel from Board of Directors, Effective January 27, 2026

First Bank Declares Quarterly Cash Dividend, Payable on February 20, 2026

First Bank to Report Q4, 2025 Results on Jan 26, 2026

First Bank Reports Net Charge-Offs for the Third Quarter Ended September 30, 2025

First Bank to Report Q3, 2025 Results on Oct 22, 2025

First Bank (NASDAQ:FRBA) Has Affirmed Its Dividend Of $0.06

First Bank Declares Quarterly Cash Dividend, Payable on August 22, 2025

First Bank to Report Q2, 2025 Results on Jul 22, 2025

First Bank announced that it has received $35 million in funding

Analyst Estimates: Here's What Brokers Think Of First Bank (NASDAQ:FRBA) After Its First-Quarter Report

First Bank announces Quarterly dividend, payable on May 23, 2025

First Bank to Report Q1, 2025 Results on Apr 22, 2025

First Bank Announces Quarterly Dividend Payable on February 21, 2025

First Bank to Report Q4, 2024 Results on Jan 23, 2025

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

Diversifying Loan Portfolio And Optimizing Deposit Costs Set To Drive Bank's Profitability Surge

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

Insufficient new directors

Upcoming dividend of US$0.06 per share