Goldman Sachs Group Inc. Has $1.10 Million Position in FB Bancorp, Inc. $FBLA

Key Points

• Goldman Sachs Group Inc. increased its holdings in FB Bancorp, Inc. by 43.3%, acquiring an additional 29,452 shares to reach a total of 97,507 shares valued at approximately $1,098,000.
• Other investors such as Northern Trust Corp and Citadel Advisors LLC also made new investments in FB Bancorp during the fourth quarter, highlighting increasing institutional interest.
• FB Bancorp reported a quarterly revenue of $18.11 million and an EPS of $0.05, though the company faced challenges with a negative net margin of 5.40% and a negative return on equity of 1.62%.

Goldman Sachs Group Inc. lifted its holdings in FB Bancorp, Inc. (NASDAQ:FBLA - Free Report) by 43.3% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 97,507 shares of the company's stock after buying an additional 29,452 shares during the quarter. Goldman Sachs Group Inc. owned about 0.49% of FB Bancorp worth $1,098,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Citadel Advisors LLC bought a new position in shares of FB Bancorp in the fourth quarter valued at about $414,000. Northern Trust Corp bought a new position in shares of FB Bancorp in the fourth quarter valued at about $479,000. BlackBarn Capital Partners LP raised its holdings in shares of FB Bancorp by 51.2% in the first quarter. BlackBarn Capital Partners LP now owns 604,700 shares of the company's stock valued at $6,809,000 after buying an additional 204,700 shares during the last quarter. Focus Partners Advisor Solutions LLC bought a new position in FB Bancorp in the 1st quarter valued at $225,000. Finally, M3F Inc. bought a new stake in shares of FB Bancorp during the first quarter worth $130,000.

FB Bancorp Stock Down 0.2%

Shares of FBLA stock traded down $0.02 on Monday, reaching $12.26. 28,458 shares of the stock were exchanged, compared to its average volume of 51,937. The stock has a 50 day moving average price of $11.80 and a 200 day moving average price of $11.37. FB Bancorp, Inc. has a one year low of $9.81 and a one year high of $12.74. The company has a current ratio of 1.07, a quick ratio of 1.04 and a debt-to-equity ratio of 0.20.

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

About FB Bancorp

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.