FB Bancorp (NASDAQ:FBLA) Receives Sell (D-) Rating from Weiss Ratings

Key Points

• FB Bancorp received a "sell (D-)" rating from Weiss Ratings, indicating analysts' pessimism about the stock's performance.
• The company reported a loss with an EPS of $0.05 for the last quarter, along with a negative return on equity of 1.62% and a net margin of -5.40%.
• Institutional investors have shown interest in FB Bancorp, with multiple new positions being acquired during the second quarter, indicating potential confidence in the company's future.

FB Bancorp (NASDAQ:FBLA - Get Free Report)'s stock had its "sell (d-)" rating reissued by equities research analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

FB Bancorp Stock Performance

Shares of NASDAQ FBLA opened at $12.01 on Wednesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.07 and a quick ratio of 1.04. FB Bancorp has a fifty-two week low of $9.81 and a fifty-two week high of $12.74. The stock's 50-day simple moving average is $11.86 and its 200-day simple moving average is $11.44.

FB Bancorp (NASDAQ:FBLA - Get Free Report) last released its quarterly earnings results on Thursday, August 14th. The company reported $0.05 EPS for the quarter. The company had revenue of $18.11 million for the quarter. FB Bancorp had a negative return on equity of 1.62% and a negative net margin of 5.40%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Police & Firemen s Retirement System of New Jersey acquired a new position in FB Bancorp during the second quarter worth approximately $60,000. New York State Common Retirement Fund acquired a new position in FB Bancorp during the second quarter worth approximately $100,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in FB Bancorp during the second quarter worth approximately $110,000. Occudo Quantitative Strategies LP purchased a new position in shares of FB Bancorp in the 2nd quarter valued at approximately $119,000. Finally, American Century Companies Inc. acquired a new position in shares of FB Bancorp in the second quarter valued at approximately $123,000.

FB Bancorp Company Profile

FB Bancorp Inc operates as a bank holding company for Fidelity Bank. The Company, through its subsidiaries, provides deposit accounts, mortgages, home equity and consumer loans, credit and debit cards, online and mobile banking, investments and other financial services. FB Bancorp Inc is based in New Orleans.

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