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
Current SymbolNASDAQ:FRBK
Previous Symbol
CUSIPN/A
Phone215-735-4422
Debt
Debt-to-Equity Ratio0.05
Current Ratio0.65
Quick Ratio0.64
Price-To-Earnings
Trailing P/E Ratio61.91
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$90.95 million
Price / Sales4.40
Cash Flow$0.2312 per share
Price / Cash29.46
Book Value$4.01 per share
Price / Book1.70
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$8.90 million
Net Margins8.64%
Return on Equity2.71%
Return on Assets0.25%
Miscellaneous
Employees448
Outstanding Shares58,790,000
Market Cap$400.35 million
OptionableOptionable
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) issued its quarterly earnings results on Thursday, October, 25th. The bank reported $0.04 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.07 by $0.03. The bank earned $24.28 million during the quarter. Republic First Bancorp had a net margin of 8.64% and a return on equity of 2.71%. View Republic First Bancorp's Earnings History.
When is Republic First Bancorp's next earnings date?
What price target have analysts set for FRBK?
1 analysts have issued twelve-month target prices for Republic First Bancorp's shares. Their forecasts range from $9.50 to $9.50. On average, they expect Republic First Bancorp's share price to reach $9.50 in the next year. This suggests a possible upside of 39.5% from the stock's current price. View Analyst Price Targets for Republic First Bancorp.
What is the consensus analysts' recommendation for Republic First Bancorp?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Republic First Bancorp in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Republic First Bancorp.
Has Republic First Bancorp been receiving favorable news coverage?
Headlines about FRBK stock have trended somewhat positive recently, InfoTrie reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Republic First Bancorp earned a media sentiment score of 1.4 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the stock's share price in the near term.
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), Seacoast Banking Co. of Florida (SBCF), 1st Source (SRCE), FB Financial (FBK), Southside Bancshares (SBSI), First Bancorp (FBNC), Lakeland Financial (LKFN), TriCo Bancshares (TCBK), Boston Private Financial (BPFH), Enterprise Financial Services (EFSC), Triumph Bancorp (TBK), State Bank Financial (STBZ), Republic Bancorp, Inc. KY (RBCAA) and OFG Bancorp (OFG).
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)
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 shareholders include BlackRock Inc. (5.60%), Wasatch Advisors Inc. (4.87%), Banc Funds Co. LLC (3.76%), Dimensional Fund Advisors LP (1.37%), FSI Group LLC (0.74%) and Gruss & Co. Inc. (0.66%). 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 institutional investors are selling Republic First Bancorp stock?
FRBK stock was sold by a variety of institutional investors in the last quarter, including Banc Funds Co. LLC, Gilder Gagnon Howe & Co. LLC, Thompson Siegel & Walmsley LLC, Renaissance Technologies LLC, Jane Street Group LLC, TIAA CREF Investment Management LLC and Credit Suisse AG. View Insider Buying and Selling for Republic First Bancorp.
Which institutional investors are buying Republic First Bancorp stock?
FRBK stock was acquired by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., BlackRock Inc., Dimensional Fund Advisors LP, FSI Group LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Gruss & Co. Inc. and Citadel Advisors LLC. Company insiders that have bought Republic First Bancorp stock in the last two years include Lisa R Jacobs and Theodore J Flocco Jr. 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 $6.81.
How big of a company is Republic First Bancorp?
Republic First Bancorp has a market capitalization of $400.35 million and generates $90.95 million in revenue each year. Republic First Bancorp employs 448 workers across the globe.
What is Republic First Bancorp's official website?
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]publicbank.com.
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.
