Q2 Earnings Estimate for First Bank Issued By DA Davidson

First Bank (NASDAQ:FRBA - Free Report) - Stock analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for First Bank in a report released on Thursday, April 24th. DA Davidson analyst M. Navas expects that the bank will earn $0.43 per share for the quarter. The consensus estimate for First Bank's current full-year earnings is $1.78 per share.

A number of other brokerages have also recently commented on FRBA. Hovde Group increased their price target on shares of First Bank from $17.00 to $17.50 and gave the company an "outperform" rating in a research note on Thursday, April 24th. StockNews.com downgraded First Bank from a "buy" rating to a "hold" rating in a research report on Monday, January 27th.

First Bank Stock Performance

First Bank stock remained flat at $14.40 during mid-day trading on Friday. 11,429 shares of the company were exchanged, compared to its average volume of 48,568. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.11 and a quick ratio of 1.11. First Bank has a 1-year low of $11.20 and a 1-year high of $15.87. The firm's 50 day simple moving average is $14.34 and its 200 day simple moving average is $14.50. The stock has a market cap of $281.81 million, a P/E ratio of 8.62 and a beta of 0.76.

First Bank (NASDAQ:FRBA - Get Free Report) last issued its quarterly earnings data on Tuesday, April 22nd. The bank reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.02). First Bank had a net margin of 18.41% and a return on equity of 11.06%. The business had revenue of $33.95 million during the quarter, compared to analyst estimates of $33.52 million. During the same quarter in the prior year, the firm posted $0.49 earnings per share.

First Bank Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Friday, May 9th will be given a dividend of $0.06 per share. The ex-dividend date is Friday, May 9th. This represents a $0.24 annualized dividend and a dividend yield of 1.67%. First Bank's dividend payout ratio is 15.58%.

Institutional Investors Weigh In On First Bank

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its stake in First Bank by 217.7% in the third quarter. JPMorgan Chase & Co. now owns 36,112 shares of the bank's stock valued at $549,000 after buying an additional 24,746 shares in the last quarter. SG Americas Securities LLC lifted its stake in First Bank by 26.7% in the 4th quarter. SG Americas Securities LLC now owns 9,419 shares of the bank's stock valued at $133,000 after purchasing an additional 1,982 shares during the last quarter. PL Capital Advisors LLC boosted its position in First Bank by 1,307.0% in the fourth quarter. PL Capital Advisors LLC now owns 6,737,940 shares of the bank's stock valued at $94,803,000 after buying an additional 6,259,053 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of First Bank by 89.5% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 144,493 shares of the bank's stock worth $2,033,000 after buying an additional 68,260 shares during the last quarter. Finally, Foundry Partners LLC lifted its stake in shares of First Bank by 22.1% in the 4th quarter. Foundry Partners LLC now owns 143,350 shares of the bank's stock valued at $2,017,000 after acquiring an additional 25,965 shares during the last quarter. 64.86% of the stock is currently owned by institutional investors.

About First Bank

First Bank provides various banking products and services to small to mid-sized businesses and individuals. The company accepts various deposits, including non-interest-bearing demand deposits, interest bearing demand accounts, money market accounts, savings accounts, and certificates of deposit, as well as commercial checking accounts.