News stories about First Bank (NASDAQ:FRBA) have trended somewhat positive recently, Accern reports. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. First Bank earned a news impact score of 0.22 on Accern’s scale. Accern also assigned headlines about the bank an impact score of 45.7570557242919 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Several analysts have recently commented on the stock. Sandler O’Neill raised shares of First Bank from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a report on Wednesday, November 1st. BidaskClub downgraded shares of First Bank from a “hold” rating to a “sell” rating in a report on Saturday, January 20th. ValuEngine raised shares of First Bank from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Finally, Zacks Investment Research upgraded shares of First Bank from a “hold” rating to a “strong-buy” rating and set a $17.00 price objective for the company in a research report on Friday, January 12th. One analyst has rated the stock with a sell rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $15.33.
First Bank (FRBA) remained flat at $$13.85 during trading on Wednesday. The stock had a trading volume of 6,100 shares, compared to its average volume of 18,855. First Bank has a 52-week low of $10.60 and a 52-week high of $14.95. The stock has a market capitalization of $157.84, a price-to-earnings ratio of 27.16 and a beta of 0.36.
First Bank (NASDAQ:FRBA) last released its quarterly earnings data on Tuesday, January 30th. The bank reported $0.18 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.01). The company had revenue of $12.86 million for the quarter, compared to analysts’ expectations of $12.60 million. analysts expect that First Bank will post 1.04 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 23rd. Stockholders of record on Friday, February 9th will be paid a $0.03 dividend. This is a positive change from First Bank’s previous quarterly dividend of $0.02. The ex-dividend date is Thursday, February 8th. This represents a $0.12 annualized dividend and a dividend yield of 0.87%. First Bank’s dividend payout ratio (DPR) is presently 23.53%.
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About First Bank
First Bank is a commercial bank. The Company provides a range of lending, deposit and other financial products and services. It operates through Community Banking segment, which is engaged in providing a range of commercial and retail and related banking services. It offers a range of lending products to meet the needs of its customers located within its market areas, including commercial and industrial loans, commercial real estate loans (including owner-occupied, investor, and multi-family loans), residential real estate loans, and consumer and other loans.
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