What is DA Davidson's Estimate for First Bank Q1 Earnings?

First Bank (NASDAQ:FRBA - Free Report) - Stock analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for First Bank in a research report issued on Tuesday, January 28th. DA Davidson analyst M. Navas expects that the bank will post earnings of $0.39 per share for the quarter. The consensus estimate for First Bank's current full-year earnings is $1.65 per share.

A number of other research firms also recently weighed in on FRBA. Piper Sandler restated an "overweight" rating and set a $17.00 price target (down previously from $18.00) on shares of First Bank in a research report on Wednesday, October 30th. StockNews.com cut First Bank from a "buy" rating to a "hold" rating in a report on Monday.

First Bank Price Performance

Shares of NASDAQ FRBA remained flat at $15.28 during mid-day trading on Wednesday. 99,782 shares of the stock were exchanged, compared to its average volume of 52,377. First Bank has a 52 week low of $11.20 and a 52 week high of $15.87. The stock has a 50 day moving average of $14.28 and a 200 day moving average of $14.64. The stock has a market cap of $299.01 million, a PE ratio of 9.61 and a beta of 0.95. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.66.

First Bank (NASDAQ:FRBA - Get Free Report) last released its quarterly earnings results on Thursday, January 23rd. The bank reported $0.42 EPS for the quarter, topping analysts' consensus estimates of $0.39 by $0.03. First Bank had a net margin of 18.19% and a return on equity of 11.65%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of FRBA. Empowered Funds LLC lifted its stake in shares of First Bank by 5.0% in the 4th quarter. Empowered Funds LLC now owns 88,724 shares of the bank's stock valued at $1,248,000 after acquiring an additional 4,215 shares during the last quarter. SG Americas Securities LLC increased its stake in First Bank by 26.7% in the 4th quarter. SG Americas Securities LLC now owns 9,419 shares of the bank's stock worth $133,000 after purchasing an additional 1,982 shares during the period. IAM Advisory LLC lifted its position in First Bank by 0.4% in the fourth quarter. IAM Advisory LLC now owns 188,198 shares of the bank's stock valued at $2,648,000 after purchasing an additional 768 shares during the last quarter. FNY Investment Advisers LLC purchased a new stake in shares of First Bank during the fourth quarter valued at approximately $98,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of First Bank by 217.7% in the third quarter. JPMorgan Chase & Co. now owns 36,112 shares of the bank's stock worth $549,000 after purchasing an additional 24,746 shares during the last quarter. 64.86% of the stock is owned by institutional investors.

First Bank Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 1.57%. The ex-dividend date of this dividend is Friday, February 7th. First Bank's dividend payout ratio is currently 14.37%.

About First Bank

First Bank provides various banking products and services to small to mid-sized businesses and individuals. 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.