First Bank (FRBA) Stock Forecast, Price & News

0 Wall Street research analysts have issued twelve-month price targets for First Bank's shares. Their FRBA share price forecasts range from $15.75 to $15.75. On average, they predict the company's share price to reach $15.75 in the next year. This suggests a possible upside of 37.3% from the stock's current price.
View analysts price targets for FRBA or view top-rated stocks among Wall Street analysts.

First Bank's stock was trading at $13.76 on January 1st, 2023. Since then, FRBA stock has decreased by 16.6% and is now trading at $11.47.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
View our FRBA earnings forecast.

First Bank (NASDAQ:FRBA) issued its quarterly earnings data on Wednesday, April, 26th. The bank reported $0.38 EPS for the quarter, missing analysts' consensus estimates of $0.42 by $0.04. The bank earned $23.76 million during the quarter. First Bank had a net margin of 28.50% and a trailing twelve-month return on equity of 12.76%.

First Bank declared a quarterly dividend on Tuesday, April 18th. Investors of record on Friday, May 12th will be given a dividend of $0.06 per share on Friday, May 26th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.09%. The ex-dividend date of this dividend is Thursday, May 11th.
Read our dividend analysis for FRBA.

ETFs with the largest weight of First Bank (NASDAQ:FRBA) stock in their portfolio include AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Janus Henderson Small Cap Growth Alpha ETF (JSML),

First Bank (NASDAQ:FRBA) pays an annual dividend of $0.24 per share and currently has a dividend yield of 2.36%. The dividend payout ratio is 13.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FRBA will have a dividend payout ratio of 12.31% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FRBA.

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).

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

First Bank's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.17%), Dimensional Fund Advisors LP (3.64%), Wellington Management Group LLP (3.42%), Geode Capital Management LLC (1.50%), State Street Corp (1.46%) and BHZ Capital Management LP (1.36%).

Shares of FRBA stock 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.
Compare Top Brokerages Here.

One share of FRBA stock can currently be purchased for approximately $11.47.

First Bank (NASDAQ:FRBA) has a market capitalization of $224.47 million and generates $112.38 million in revenue each year. The bank earns $36.29 million in net income (profit) each year or $1.79 on an earnings per share basis.

The company employs 217 workers across the globe.

First Bank's mailing address is 2465 Kuser Road, Hamilton NJ, 08690. The official website for the company is www.firstbanknj.com. The bank can be reached via phone at (609) 528-4400 or via email at patrick.ryan@firstbanknj.com.