First Bank

Company Profile

First Bank had its IPO on 2007-03-28 under the ticker symbol FRBA.

The company operates in the Financial Services sector and Banks-Regional industry. First Bank has a staff strength of 261 employees.

Stock update

Shares of First Bank opened at $11.02 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $10.94 - $11.08, and closed at $10.98.

This is a +0.18% increase from the previous day's closing price.

A total volume of 17,512 shares were traded at the close of the day’s session.

In the last one week, shares of First Bank have slipped by -4.77%.

First Bank's Key Ratios

First Bank has a market cap of $273.20 million, indicating a price to book ratio of 0.9564 and a price to sales ratio of 2.9643.

In the last 12-months First Bank’s revenue was $95.20 million with a gross profit of $94.62 million and an EBITDA of $0. The EBITDA ratio measures First Bank's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, First Bank’s operating margin was 48.49% while its return on assets stood at 1.22% with a return of equity of 11.64%.

In Q2, First Bank’s quarterly earnings growth was a negative -22.2% while revenue growth was a negative 1.4%.

First Bank’s PE and PEG Ratio

Forward PE

8.3403

Trailing PE

6.4852

PEG

0

Its diluted EPS in the last 12-months stands at $1.69 per share while it has a forward price to earnings multiple of 8.3403 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into First Bank’s profitability.

First Bank stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.9643.

First Bank stock pays annual dividends of $0.24 per share, indicating a yield of 2.17% and a payout ratio of 13.95%.

Balance sheet and cash flow metrics

Total Assets

$2.87 billion

Total Liabilities

$1.61 million

Operating Cash Flow

$0

Capital Expenditure

$511000

Dividend Payout Ratio

13.95%

First Bank ended 2024 with $2.87 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.87 billion while shareholder equity stood at $294.16 million.

First Bank ended 2024 with $0 in deferred long-term liabilities, $1.61 million in other current liabilities, 104939000.00 in common stock, $136.45 million in retained earnings and $17.83 million in goodwill. Its cash balance stood at $170.23 million and cash and short-term investments were $256.34 million. The company’s total short-term debt was $0 while long-term debt stood at $153.17 million.

First Bank’s total current assets stands at $265.00 million while long-term investments were $140.44 million and short-term investments were $86.11 million. Its net receivables were $8.66 million compared to accounts payable of $1.61 million and inventory worth $0.

In 2024, First Bank's operating cash flow was $0 while its capital expenditure stood at $511000.

Comparatively, First Bank paid $0.14 in dividends in 2024.

Other key metrics

Current Trading Price

$10.98

52-Week High

$15.913

52-Week Low

$8.4936

Analyst Target Price

$12.75

First Bank stock is currently trading at $10.98 per share. It touched a 52-week high of $15.913 and a 52-week low of $15.913. Analysts tracking the stock have a 12-month average target price of $12.75.

Its 50-day moving average was $11.71 and 200-day moving average was $11.88 The short ratio stood at 2.79 indicating a short percent outstanding of 0%.

Around 672.8% of the company’s stock are held by insiders while 3865.3% are held by institutions.