Republic First Bancorp, Inc. operates as the holding company for Republic First Bank that provides a range of credit and depository banking products and services to individuals and businesses primarily in Greater Philadelphia and Southern New Jersey. It offers consumer and commercial deposit, checking, interest-bearing demand, money market, savings, sweep, and individual retirement accounts, as well as certificates of deposit. The company also provides secured and unsecured commercial loans, real estate loans, construction and land development loans, automobile loans, home improvement loans, mortgages, home equity and overdraft lines of credit, and other products, as well as lockbox services. As of August 03, 2018, it operated 24 offices located in Burlington, Camden, and Gloucester counties in New Jersey, as well as Bucks, Delaware, Montgomery, and Philadelphia counties in Pennsylvania. Republic First Bancorp, Inc. was founded in 1987 and is based in Philadelphia, Pennsylvania.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:FRBK
CUSIPN/A
Phone215-735-4422
Debt
Debt-to-Equity Ratio0.05
Current Ratio0.62
Quick Ratio0.60
Price-To-Earnings
Trailing P/E Ratio68.64
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$90.95 million
Price / Sales4.97
Cash Flow$0.2358 per share
Price / Cash32.66
Book Value$3.97 per share
Price / Book1.94
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$8.90 million
Net Margins9.06%
Return on Equity2.74%
Return on Assets0.27%
Miscellaneous
Employees448
Outstanding Shares58,760,000
Market Cap$443.64 million
Republic First Bancorp (NASDAQ:FRBK) Frequently Asked Questions
What is Republic First Bancorp's stock symbol?
Republic First Bancorp trades on the NASDAQ under the ticker symbol "FRBK."
How were Republic First Bancorp's earnings last quarter?
Republic First Bancorp, Inc. (NASDAQ:FRBK) announced its quarterly earnings data on Thursday, July, 26th. The bank reported $0.04 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.05 by $0.01. The bank had revenue of $24.43 million for the quarter. Republic First Bancorp had a return on equity of 2.74% and a net margin of 9.06%. View Republic First Bancorp's Earnings History.
When is Republic First Bancorp's next earnings date?
What price target have analysts set for FRBK?
2 brokers have issued twelve-month price objectives for Republic First Bancorp's stock. Their forecasts range from $9.00 to $9.50. On average, they anticipate Republic First Bancorp's share price to reach $9.25 in the next year. This suggests a possible upside of 20.1% from the stock's current price. View Analyst Price Targets for Republic First Bancorp.
What is the consensus analysts' recommendation for Republic First Bancorp?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Republic First Bancorp in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Republic First Bancorp.
Who are some of Republic First Bancorp's key competitors?
Some companies that are related to Republic First Bancorp include S & T Bancorp (STBA), First Busey (BUSE), 1st Source (SRCE), Seacoast Banking Co. of Florida (SBCF), FB Financial (FBK), Enterprise Financial Services (EFSC), State Bank Financial (STBZ), Lakeland Financial (LKFN), First Bancorp (FBNC), Southside Bancshares (SBSI), TriCo Bancshares (TCBK), Live Oak Bancshares (LOB), Boston Private Financial (BPFH), Triumph Bancorp (TBK) and MainSource Financial Group (MSFG).
Who are Republic First Bancorp's key executives?
Republic First Bancorp's management team includes the folowing people:
- Mr. Harry D. Madonna, CEO, Pres & Director (Age 75)
- Mr. Frank A. Cavallaro, Exec. VP & CFO (Age 49)
- Mr. Andrew J. Logue, Former Pres & COO (Age 60)
- Mr. Jay M. Neilon, Former Exec. VP & Chief Credit Officer (Age 64)
- Mr. Stephen McWilliams, Sr. VP and Sr. Commercial Lender (Age 56)
Has Republic First Bancorp been receiving favorable news coverage?
News stories about FRBK stock have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Republic First Bancorp earned a media and rumor sentiment score of 0.18 on Accern's scale. They also assigned headlines about the bank an impact score of 46.38 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future. View Recent Headlines for Republic First Bancorp.
Who are Republic First Bancorp's major shareholders?
Republic First Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional investors include Point72 Asset Management L.P. (9.54%), Schaller Investment Group Inc. (6.45%), BlackRock Inc. (4.58%), Wasatch Advisors Inc. (3.72%), FMR LLC (2.88%) and Dimensional Fund Advisors LP (1.05%). Company insiders that own Republic First Bancorp stock include Barry Spevak, Harris Wildstein, Lisa R Jacobs and Theodore J Flocco Jr. View Institutional Ownership Trends for Republic First Bancorp.
Which major investors are selling Republic First Bancorp stock?
FRBK stock was sold by a variety of institutional investors in the last quarter, including Gilder Gagnon Howe & Co. LLC, Thompson Siegel & Walmsley LLC, Schaller Investment Group Inc., Bank of New York Mellon Corp and Private Advisor Group LLC. View Insider Buying and Selling for Republic First Bancorp.
Which major investors are buying Republic First Bancorp stock?
FRBK stock was bought by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Wasatch Advisors Inc., Millennium Management LLC, Renaissance Technologies LLC, Dimensional Fund Advisors LP, Citadel Advisors LLC, John W. Rosenthal Capital Management Inc. and BlackRock Inc.. View Insider Buying and Selling for Republic First Bancorp.
How do I buy shares of Republic First Bancorp?
Shares of FRBK 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, Scottrade, Fidelity and Charles Schwab.
What is Republic First Bancorp's stock price today?
One share of FRBK stock can currently be purchased for approximately $7.70.
How big of a company is Republic First Bancorp?
Republic First Bancorp has a market capitalization of $443.64 million and generates $90.95 million in revenue each year. Republic First Bancorp employs 448 workers across the globe.
How can I contact Republic First Bancorp?
Republic First Bancorp's mailing address is 50 SOUTH 16TH STREET, PHILADELPHIA PA, 19102. The bank can be reached via phone at 215-735-4422 or via email at [email protected]
MarketBeat Community Rating for Republic First Bancorp (NASDAQ FRBK)
MarketBeat's community ratings are surveys of what our community members think about Republic First Bancorp and other stocks. Vote "Outperform" if you believe FRBK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FRBK will underperform the S&P 500 over the long term. You may vote once every thirty days.
