What is DA Davidson's Forecast for First Bank Q3 Earnings?

Key Points

• DA Davidson has issued a Q3 2025 earnings estimate of $0.46 per share for First Bank, maintaining a "Buy" rating with a price target of $19.00.
• First Bank's recent quarterly earnings missed expectations, reporting $0.41 earnings per share against a consensus of $0.43, although revenue of $37.10 million exceeded projections.
• The bank announced a quarterly dividend of $0.06 per share, equating to an annualized yield of 1.59%.

First Bank (NASDAQ:FRBA - Free Report) - Investment analysts at DA Davidson issued their Q3 2025 EPS estimates for First Bank in a research note issued to investors on Thursday, July 24th. DA Davidson analyst M. Navas expects that the bank will post earnings per share of $0.46 for the quarter. DA Davidson currently has a "Buy" rating and a $19.00 target price on the stock. The consensus estimate for First Bank's current full-year earnings is $1.78 per share. DA Davidson also issued estimates for First Bank's FY2025 earnings at $1.70 EPS and FY2026 earnings at $1.90 EPS.

First Bank (NASDAQ:FRBA - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The bank reported $0.41 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.02). The business had revenue of $37.10 million during the quarter, compared to analysts' expectations of $35.09 million. First Bank had a net margin of 16.13% and a return on equity of 9.51%.

Separately, Hovde Group raised their target price on shares of First Bank from $17.00 to $17.50 and gave the company an "outperform" rating in a report on Thursday, April 24th.

First Bank Stock Up 0.1%

NASDAQ:FRBA traded up $0.02 during mid-day trading on Friday, hitting $15.15. The stock had a trading volume of 10,153 shares, compared to its average volume of 49,051. The stock has a 50-day simple moving average of $15.18 and a two-hundred day simple moving average of $14.76. The company has a market capitalization of $296.39 million, a PE ratio of 10.03 and a beta of 0.76. First Bank has a twelve month low of $12.74 and a twelve month high of $16.47. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.75.

Hedge Funds Weigh In On First Bank

Hedge funds have recently modified their holdings of the business. GAMMA Investing LLC grew its position in shares of First Bank by 6,607.8% during the first quarter. GAMMA Investing LLC now owns 3,421 shares of the bank's stock worth $51,000 after acquiring an additional 3,370 shares during the last quarter. Squarepoint Ops LLC purchased a new position in shares of First Bank during the fourth quarter worth approximately $170,000. Wells Fargo & Company MN grew its position in shares of First Bank by 27.6% during the fourth quarter. Wells Fargo & Company MN now owns 12,452 shares of the bank's stock worth $175,000 after acquiring an additional 2,697 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of First Bank by 9.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 12,653 shares of the bank's stock worth $178,000 after acquiring an additional 1,110 shares during the last quarter. Finally, MetLife Investment Management LLC grew its position in shares of First Bank by 19.0% during the fourth quarter. MetLife Investment Management LLC now owns 12,924 shares of the bank's stock worth $182,000 after acquiring an additional 2,060 shares during the last quarter. 64.86% of the stock is currently owned by hedge funds and other institutional investors.

First Bank Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 22nd. Shareholders of record on Friday, August 8th will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, August 8th. This represents a $0.24 dividend on an annualized basis and a yield of 1.58%. First Bank's payout ratio is currently 15.89%.

First Bank Company Profile

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.