First Bank (FRBA) to Release Earnings on Monday

First Bank (NASDAQ:FRBA) is scheduled to issue its quarterly earnings data after the market closes on Monday, April 29th.

First Bank (NASDAQ:FRBA) last released its quarterly earnings data on Thursday, January 24th. The bank reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.06). The firm had revenue of $15.14 million during the quarter, compared to analyst estimates of $15.44 million.

FRBA opened at $11.34 on Monday. First Bank has a one year low of $10.73 and a one year high of $15.00. The stock has a market capitalization of $197.74 million, a PE ratio of 11.81 and a beta of 0.34.

A hedge fund recently raised its stake in First Bank stock. Geode Capital Management LLC grew its holdings in First Bank (NASDAQ:FRBA) by 4.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 161,967 shares of the bank’s stock after acquiring an additional 7,305 shares during the quarter. Geode Capital Management LLC owned about 0.93% of First Bank worth $1,963,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 49.54% of the company’s stock.

FRBA has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded First Bank from a “hold” rating to a “buy” rating and set a $13.00 price objective on the stock in a report on Friday, January 4th. ValuEngine upgraded First Bank from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd.

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About First Bank

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.

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Earnings History for First Bank (NASDAQ:FRBA)

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