NASDAQ:FRBA First Bank (FRBA) Stock Forecast, Price & News $11.47 +0.62 (+5.71%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$10.59▼$11.4950-Day Range$8.60▼$11.4752-Week Range$8.59▼$16.76Volume75,705 shsAverage Volume57,323 shsMarket Capitalization$224.47 millionP/E Ratio6.41Dividend Yield2.09%Price Target$15.75 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsHeadlinesShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsHeadlinesShort InterestSocial Media First Bank MarketRank™ ForecastAnalyst RatingN/A0.00 Rating ScoreUpside/Downside37.3% Upside$15.75 Price TargetShort InterestBearish3.42% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.00Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth44.44%From $1.35 to $1.95 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.15 out of 5 starsFinance Sector547th out of 839 stocksState Commercial Banks Industry138th out of 172 stocks 2.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $15.75, First Bank has a forecasted upside of 37.3% from its current price of $11.47.Amount of Analyst CoverageFirst Bank has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.42% of the float of First Bank has been sold short.Short Interest Ratio / Days to CoverFirst Bank has a short interest ratio ("days to cover") of 9.8.Change versus previous month Previous Next 2.5 Dividend Strength Dividend YieldFirst Bank pays a meaningful dividend of 2.36%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthFirst Bank does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of First Bank is 13.41%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, First Bank will have a dividend payout ratio of 12.31% next year. This indicates that First Bank will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FRBA. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 2 news articles for First Bank this week, compared to 3 articles on an average week.Search Interest2 people have searched for FRBA on MarketBeat in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Bank insiders have not sold or bought any company stock.Percentage Held by Institutions45.26% of the stock of First Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for First Bank are expected to grow by 44.44% in the coming year, from $1.35 to $1.95 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Bank is 6.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.50.Price to Earnings Ratio vs. SectorThe P/E ratio of First Bank is 6.41, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 157.63.Price to Book Value per Share RatioFirst Bank has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About First Bank (NASDAQ:FRBA) StockFirst Bank is a state-chartered commercial bank, which offers a traditional range of deposit and loan products to individuals and businesses in its Central and Southern New Jersey markets. Its primary focus within community banking encompasses the firm's primary business, which includes providing a wide range of commercial and retail and related banking services. The company was founded on April 23, 2007 and is headquartered in Hamilton, NJ.Read More Receive FRBA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Bank and its competitors with MarketBeat's FREE daily newsletter. Email Address FRBA Stock News HeadlinesJune 7, 2023 | finance.yahoo.comThose who invested in First Bank (NASDAQ:FRBA) three years ago are up 44%June 2, 2023 | fool.comFirst Bank (NASDAQ: FRBA)June 8, 2023 | Vector Vest (Ad)Master Market Movements: Free Stock Analysis Report with Predictive Buy/Sell/Hold Insights!Get a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation. May 28, 2023 | americanbankingnews.comFirst Bank (NASDAQ:FRBA) Stock Rating Upgraded by StockNews.comMay 20, 2023 | msn.comNYC pension funds lose $2M in failed First Republic, Signature banksMay 18, 2023 | msn.comSen. Warren seeks details on 'troubling' sale of First Republic to JPMorganMay 17, 2023 | reuters.comEx-First Republic CEO says regulators did not express concerns, blames contagion for bank's collapseMay 17, 2023 | bloomberg.comEx-First Republic CEO Says Collapse Due to Other Banks FailingJune 8, 2023 | Vector Vest (Ad)Master Market Movements: Free Stock Analysis Report with Predictive Buy/Sell/Hold Insights!Get a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation. May 17, 2023 | americanbankingnews.comStockNews.com Downgrades First Bank (NASDAQ:FRBA) to SellMay 16, 2023 | bizjournals.comFirst Republic Bank employees will soon learn the fate of their jobsMay 16, 2023 | wsj.comFirst Republic Bank Dep. Pfd. (Rep. 1/40th 4.125% Perp. Pfd. Series K)May 12, 2023 | bloomberg.comUS Bank Lending Retreated During Week of First Republic FailureMay 11, 2023 | msn.comFirst Horizon Bank to commit $50 million to help local communitiesMay 7, 2023 | forbes.comFirst Republic Bank Executives Reportedly Under Investigation For Possible Insider TradingMay 7, 2023 | msn.comFirst Republic Bank hit with SEC probe into executives' trading - reportMay 6, 2023 | finance.yahoo.comFirst Bank (NASDAQ:FRBA) Could Be A Buy For Its Upcoming DividendMay 5, 2023 | msn.comBank borrowing from the Fed falls sharply after First Republic saleMay 4, 2023 | cnet.comWhat the Failure of First Republic Bank Means for YouMay 4, 2023 | bizjournals.comWho lost big in First Republic Bank’s collapse?May 3, 2023 | nbcnews.comHow First Republic Bank became the third major bank to fail in 2023May 2, 2023 | americanbankingnews.comBrokers Offer Predictions for First Bank's Q2 2023 Earnings (NASDAQ:FRBA)May 1, 2023 | msn.comAre First Republic Bank customers covered after bank fails?May 1, 2023 | msn.comUS Treasury: Bank deposits safe after First Republic rescueMay 1, 2023 | msn.comFirst Republic Bank Fails, but Deposit Accounts Stay AccessibleMay 1, 2023 | msn.comIs This a Line of Customers Outside First Republic Bank in Late April 2023?May 1, 2023 | msn.comWas First Republic the 2nd-Largest Bank Failure in US History?See More Headlines FRBA Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FRBA Company Calendar Last Earnings4/26/2023Ex-Dividend for 5/26 Dividend5/11/2023Dividend Payable5/26/2023Today6/08/2023Next Earnings (Estimated)7/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:FRBA CUSIPN/A CIKN/A Webwww.firstbanknj.com Phone(609) 528-4400FaxN/AEmployees217Year FoundedN/APrice Target and Rating Average Stock Price Forecast$15.75 High Stock Price Forecast$15.75 Low Stock Price Forecast$15.75 Forecasted Upside/Downside+37.3%Consensus RatingN/A Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)$1.79 Trailing P/E Ratio6.41 Forward P/E Ratio8.50 P/E GrowthN/ANet Income$36.29 million Net Margins28.50% Pretax Margin42.61% Return on Equity12.76% Return on Assets1.36% Debt Debt-to-Equity Ratio0.42 Current Ratio1.07 Quick Ratio1.07 Sales & Book Value Annual Sales$112.38 million Price / Sales2.00 Cash Flow$2.02 per share Price / Cash Flow5.68 Book Value$14.90 per share Price / Book0.77Miscellaneous Outstanding Shares19,570,000Free FloatN/AMarket Cap$224.47 million OptionableNot Optionable Beta0.73 Key ExecutivesPatrick L. RyanPresident, Chief Executive Officer & DirectorJohn F. ShepardsonChief Operating Officer & Executive Vice PresidentAndrew L. HibshmanChief Financial Officer & Executive Vice PresidentGabriel K. DragosChief Technology Officer & First Senior VPGregory WeckelSVP & Director-Information Technology OperationsKey CompetitorsOrrstown Financial ServicesNASDAQ:ORRFParke BancorpNASDAQ:PKBKBayComNASDAQ:BCMLBank7NASDAQ:BSVNNorwood FinancialNASDAQ:NWFLView All CompetitorsInstitutional OwnershipGeode Capital Management LLCBought 4,829 shares on 5/16/2023Ownership: 1.502%State Street CorpSold 6,254 shares on 5/16/2023Ownership: 1.462%BHZ Capital Management LPSold 2,592 shares on 5/16/2023Ownership: 1.355%Deutsche Bank AGBought 3,440 shares on 5/15/2023Ownership: 0.051%BNP Paribas Arbitrage SNCBought 7,912 shares on 5/12/2023Ownership: 0.080%View All Institutional Transactions FRBA Stock - Frequently Asked Questions What is First Bank's stock price forecast for 2023? 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. How have FRBA shares performed in 2023? 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. When is First Bank's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023. View our FRBA earnings forecast. How were First Bank's earnings last quarter? 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%. How often does First Bank pay dividends? What is the dividend yield for First Bank? 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. What ETFs hold First Bank's stock? 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), Is First Bank a good dividend stock? 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. 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). 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 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%). How do I buy shares of First Bank? 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. What is First Bank's stock price today? One share of FRBA stock can currently be purchased for approximately $11.47. How much money does First Bank make? 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. How many employees does First Bank have? The company employs 217 workers across the globe. How can I contact First Bank? 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. This page (NASDAQ:FRBA) was last updated on 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding First Bank Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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