NASDAQ:FRBA

First Bank Stock Forecast, Price & News

$9.16

-0.51 (-5.27 %)

(As of 01/27/2021 04:30 PM ET)

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Today's Range

$8.78

Now: $9.16▼

$9.52

50-Day Range

$9.12

MA: $9.55▼

$9.92

52-Week Range

$6.00

Now: $9.16▼

$10.99

Volume56,399 shs

Average Volume34,671 shs

Market Capitalization$171.84 million

P/E Ratio9.96

Dividend Yield1.24%

Beta0.91

First Bank provides various banking products and services to individuals, businesses, and governmental entities. 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. Its loan products include commercial and industrial loans; commercial real estate loans, such as owner-occupied, investor, construction and development, and multi-family loans; residential real estate loans comprising residential mortgages, first and second lien home equity loans, and revolving lines of credit; and consumer loans, which consist of auto, personal, and traditional installment loans, as well as other loans. The company also provides electronic banking services, including Internet and mobile banking, electronic bill payment, and banking by phone, as well as ATM and debit cards, and wire and ACH transfer services; and remote deposit capture and cash management services. As of December 31, 2019, it operated 18 full-service branches in Mercer County, Gloucester, Hunterdon, Middlesex, Morris, and Somerset Counties in New Jersey, as well as in Bucks and Chester Counties in Pennsylvania. First Bank was founded in 2007 and is headquartered in Hamilton, New Jersey.

MarketRank^™

Overall MarketRank^™

1.98 out of 5 stars

Finance Sector

280th out of 1,937 stocks

State Commercial Banks Industry

61st out of 310 stocks

2.5 Analyst's Opinion

Consensus Rating
First Bank has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $10.50, First Bank has a forecasted upside of 15.4% from its current price of $9.10.
Amount of Analyst Coverage
First Bank has received no research coverage in the past 90 days.

2.4 Community Rank

Outperform Votes
First Bank has received 229 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
First Bank has received 240 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
First Bank has received 51.17% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about First Bank and other stocks. Vote “Outperform” if you believe FRBA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FRBA will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
First Bank has a dividend yield of 1.22%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
First Bank does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of First Bank is 16.22%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, First Bank will have a dividend payout ratio of 11.43% next year. This indicates that First Bank will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Bank insiders have not sold or bought any company stock.
Percentage Held by Institutions
44.15% of the stock of First Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for First Bank are expected to grow by 8.25% in the coming year, from $0.97 to $1.05 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First Bank is 9.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.98.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Bank is 9.89, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 21.81.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:FRBA

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.firstbanknj.com

Phone877-821-2265

Employees204

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.97

Current Ratio1.13

Quick Ratio1.13

Price-To-Earnings

Trailing P/E Ratio9.96

Forward P/E Ratio9.44

P/E GrowthN/A

Sales & Book Value

Annual Sales$88.17 million

Price / Sales1.95

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)$0.74

Net Income$13.44 million

Net Margins19.27%

Return on Equity8.29%

Return on Assets0.85%

Miscellaneous

Outstanding Shares18,760,000

Market Cap$171.84 million

Next Earnings Date1/28/2021 (Confirmed)

OptionableNot Optionable

$9.16

-0.51 (-5.27 %)

(As of 01/27/2021 04:30 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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First Bank (NASDAQ:FRBA) Frequently Asked Questions

How has First Bank's stock been impacted by Coronavirus?

First Bank's stock was trading at $8.45 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FRBA stock has increased by 8.4% and is now trading at $9.16.
View which stocks have been most impacted by COVID-19.

Is First Bank a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Bank in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" First Bank stock.
View analyst ratings for First Bank or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than First Bank?

Wall Street analysts have given First Bank a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but First Bank wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is First Bank's next earnings date?

First Bank is scheduled to release its next quarterly earnings announcement on Thursday, January 28th 2021.
View our earnings forecast for First Bank.

How can I listen to First Bank's earnings call?

First Bank will be holding an earnings conference call on Thursday, January 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were First Bank's earnings last quarter?

First Bank (NASDAQ:FRBA) released its quarterly earnings results on Saturday, October, 31st. The bank reported $0.30 EPS for the quarter, beating the consensus estimate of $0.22 by $0.08. The bank earned $19.88 million during the quarter, compared to analyst estimates of $18.60 million. First Bank had a net margin of 19.27% and a trailing twelve-month return on equity of 8.29%.
View First Bank's earnings history.

How often does First Bank pay dividends? What is the dividend yield for First Bank?

First Bank announced a quarterly dividend on Tuesday, October 20th. Shareholders of record on Friday, November 6th will be paid a dividend of $0.03 per share on Friday, November 20th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date of this dividend is Thursday, November 5th.
View First Bank's dividend history.

Is First Bank a good dividend stock?

First Bank pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.24%. The dividend payout ratio of First Bank is 16.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Bank will have a dividend payout ratio of 11.43% next year. This indicates that First Bank will be able to sustain or increase its dividend.
View First Bank's dividend history.

What price target have analysts set for FRBA?

2 Wall Street analysts have issued twelve-month price targets for First Bank's shares. Their forecasts range from $10.00 to $11.00. On average, they expect First Bank's share price to reach $10.50 in the next year. This suggests a possible upside of 14.6% from the stock's current price.
View analysts' price targets for First Bank or view Wall Street analyst' top-rated stocks.

Who are some of First Bank's key competitors?

Some companies that are related to First Bank include Customers Bancorp (CUBI), Great Southern Bancorp (GSBC), Community Trust Bancorp (CTBI), Origin Bancorp (OBNK), First National Bank Alaska (FBAK), Lakeland Bancorp (LBAI), Univest Financial (UVSP), Bryn Mawr Bank (BMTC), HarborOne Bancorp (HONE), Altabancorp (ALTA), TrustCo Bank Corp NY (TRST), QCR (QCRH), Peoples Bancorp (PEBO), CrossFirst Bankshares (CFB) and Byline Bancorp (BY).
View all of FRBA's competitors.

What other stocks do shareholders of First Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Bank investors own include Micron Technology (MU), Graco (GGG), First Republic Bank (FRC), Pfizer (PFE), AbbVie (ABBV), Advanced Micro Devices (AMD), Edwards Lifesciences (EW), JELD-WEN (JELD), Ampio Pharmaceuticals (AMPE) and Activision Blizzard (ATVI).

Who are First Bank's key executives?

First Bank's management team includes the following people:

Mr. Patrick L. Ryan, Pres, CEO & Director (Age 45, Pay $649.48k)
Mr. Stephen F. Carman, Exec. VP, Treasurer & CFO (Age 64, Pay $256.42k)
Mr. Peter J. Cahill, Exec. VP & Chief Lending Officer (Age 64, Pay $286.28k)
Mr. Andrew L. Hibshman, Chief Accounting Officer & First Sr. VP
Mr. Gabriel K. Dragos, First Sr. VP & Chief Technology Officer
Mr. John F. Shepardson, First Sr. VP & Chief Admin. Officer
Ms. Michelle Mack, VP & Compliance and Community Reinvestment Act Officer
Ms. Kimberly Cerasi, Sr. VP & HR Officer
Mr. Scott W. Civil, Sr. VP & Market Exec.
Mr. Michael B. Cook, Sr. VP & Commercial Lending Relationship Mang.

What is First Bank's stock symbol?

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

Who are First Bank's major shareholders?

First Bank's stock is owned by many different retail and institutional investors. Top institutional shareholders include Janney Montgomery Scott LLC (0.24%), Strs Ohio (0.18%) and PL Capital Advisors LLC (0.08%).

Which institutional investors are buying First Bank stock?

FRBA stock was purchased by a variety of institutional investors in the last quarter, including Janney Montgomery Scott LLC, PL Capital Advisors LLC, and Strs Ohio.

How do I buy shares of First Bank?

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

What is First Bank's stock price today?

One share of FRBA stock can currently be purchased for approximately $9.16.

How big of a company is First Bank?

First Bank has a market capitalization of $171.84 million and generates $88.17 million in revenue each year. The bank earns $13.44 million in net income (profit) each year or $0.74 on an earnings per share basis. First Bank employs 204 workers across the globe.

What is First Bank's official website?

The official website for First Bank is www.firstbanknj.com.

How can I contact First Bank?

First Bank's mailing address is 2465 Kuser Road, Hamilton NJ, 08690. The bank can be reached via phone at 877-821-2265 or via email at [email protected]

This page was last updated on 1/27/2021 by MarketBeat.com Staff

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