What is DA Davidson's Estimate for First Bank Q2 Earnings?

First Bank (NASDAQ:FRBA - Free Report) - Equities research analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for shares of First Bank in a report issued on Thursday, April 24th. DA Davidson analyst M. Navas anticipates that the bank will post earnings of $0.43 per share for the quarter. The consensus estimate for First Bank's current full-year earnings is $1.78 per share.

A number of other research analysts have also commented on the company. Hovde Group upped their target price on First Bank from $17.00 to $17.50 and gave the company an "outperform" rating in a research note on Thursday. StockNews.com lowered First Bank from a "buy" rating to a "hold" rating in a research note on Monday, January 27th.

First Bank Stock Performance

Shares of FRBA stock traded up $0.31 during trading hours on Friday, reaching $14.20. 43,043 shares of the company's stock were exchanged, compared to its average volume of 48,659. First Bank has a fifty-two week low of $11.20 and a fifty-two week high of $15.87. The stock has a market capitalization of $277.89 million, a P/E ratio of 8.50 and a beta of 0.76. The business has a fifty day moving average price of $14.37 and a 200-day moving average price of $14.51. 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 issued its quarterly earnings results on Tuesday, April 22nd. The bank reported $0.37 EPS for the quarter, missing analysts' consensus estimates of $0.39 by ($0.02). First Bank had a return on equity of 11.06% and a net margin of 18.41%. The business had revenue of $33.95 million for the quarter, compared to analyst estimates of $33.52 million. During the same quarter last year, the firm earned $0.49 earnings per share.

Hedge Funds Weigh In On First Bank

A number of large investors have recently modified their holdings of FRBA. GAMMA Investing LLC raised its stake in shares of First Bank by 6,607.8% during the first quarter. GAMMA Investing LLC now owns 3,421 shares of the bank's stock worth $51,000 after buying an additional 3,370 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of First Bank by 9.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 12,653 shares of the bank's stock worth $178,000 after buying an additional 1,110 shares during the last quarter. Squarepoint Ops LLC bought a new stake in shares of First Bank during the fourth quarter worth approximately $170,000. Two Sigma Advisers LP raised its stake in shares of First Bank by 16.8% during the fourth quarter. Two Sigma Advisers LP now owns 62,600 shares of the bank's stock worth $881,000 after buying an additional 9,000 shares during the last quarter. Finally, Man Group plc raised its stake in shares of First Bank by 71.0% during the fourth quarter. Man Group plc now owns 20,105 shares of the bank's stock worth $283,000 after buying an additional 8,347 shares during the last quarter. 64.86% of the stock is currently owned by institutional investors and hedge funds.

First Bank Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, May 9th will be given a dividend of $0.06 per share. The ex-dividend date is Friday, May 9th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.69%. First Bank's payout ratio is 15.58%.

First Bank Company Profile

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.