NASDAQ:FRBA - First Bank Stock Price, Forecast & News

First Bank's stock was trading at $8.45 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FRBA stock has decreased by 21.9% and is now trading at $6.60. View which stocks have been mosted impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Bank in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for First Bank.

First Bank is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for First Bank.

First Bank (NASDAQ:FRBA) issued its quarterly earnings data on Thursday, January, 30th. The bank reported $0.25 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.21 by $0.04. The bank had revenue of $17.68 million for the quarter. First Bank had a return on equity of 7.83% and a net margin of 17.28%. View First Bank's earnings history.

First Bank announced a quarterly dividend on Friday, January 31st. Stockholders of record on Friday, February 14th will be paid a dividend of $0.03 per share on Friday, February 28th. This represents a $0.12 annualized dividend and a dividend yield of 1.82%. The ex-dividend date of this dividend is Thursday, February 13th. View First Bank's dividend history.

1 equities research analysts have issued 12 month price objectives for First Bank's stock. Their forecasts range from $13.00 to $13.00. On average, they expect First Bank's stock price to reach $13.00 in the next twelve months. This suggests a possible upside of 97.0% from the stock's current price. View analysts' price targets for First Bank.

Media stories about FRBA stock have trended positive recently, according to InfoTrie. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. First Bank earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave media stories about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutFirst Bank.

First Bank saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 97,100 shares, an increase of 49.2% from the February 27th total of 65,100 shares. Based on an average daily volume of 78,500 shares, the short-interest ratio is presently 1.2 days. Currently, 0.6% of the company's shares are short sold. View First Bank's Current Options Chain.

Some companies that are related to First Bank include ConnectOne Bancorp (CNOB), Great Southern Bancorp (GSBC), Preferred Bank (PFBC), TrustCo Bank Corp NY (TRST), Allegiance Bancshares (ABTX), HomeStreet (HMST), Luther Burbank (LBC), Live Oak Bancshares (LOB), Old Line Bancshares, Inc. (MD) (OLBK), Origin Bancorp (OBNK), Heritage Commerce (HTBK), First Foundation (FFWM), Peoples Bancorp (PEBO), QCR (QCRH) and HarborOne Bancorp (HONE).

Based on aggregate information from My MarketBeat watchlists, some companies that other First Bank investors own include Micron Technology (MU), Graco (GGG), Alphabet (GOOG), Home Bancorp (HBCP), Hudson Technologies (HDSN), AbbVie (ABBV), EQM Midstream Partners (EQM), First Republic Bank (FRC), Jeld-Wen (JELD) and Pfizer (PFE).

First Bank trades on the NASDAQ under the ticker symbol "FRBA."

First Bank's stock is owned by a number of retail and institutional investors. Top institutional investors include State Street Corp (1.78%), Punch & Associates Investment Management Inc. (1.61%), Renaissance Technologies LLC (1.35%), Geode Capital Management LLC (1.02%), Fourthstone LLC (0.66%) and Victory Capital Management Inc. (0.62%).

FRBA stock was sold by a variety of institutional investors in the last quarter, including Punch & Associates Investment Management Inc., Perigon Wealth Management LLC, Bank of New York Mellon Corp, Victory Capital Management Inc., and Acadian Asset Management LLC.

FRBA stock was bought by a variety of institutional investors in the last quarter, including Fourthstone LLC, Renaissance Technologies LLC, State Street Corp, Russell Investments Group Ltd., Goldman Sachs Group Inc., California Public Employees Retirement System, Barclays PLC, and Geode Capital Management LLC.

Shares of FRBA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of FRBA stock can currently be purchased for approximately $6.60.

First Bank has a market capitalization of $123.82 million and generates $88.17 million in revenue each year. The bank earns $15.24 million in net income (profit) each year or $0.74 on an earnings per share basis. First Bank employs 186 workers across the globe. View additional information about First Bank.

The official website for First Bank is http://www.firstbanknj.com/.

First Bank's mailing address is 2465 Kuser Road, Hamilton NJ, 08690. The bank can be reached via phone at 609-643-4211 or via email at [email protected]