Republic First Bancorp Inc

Company Profile

Republic First Bancorp Inc had its IPO on 1995-08-18 under the ticker symbol FRBK.

The company operates in the Financial Services sector and Banks-Regional industry. Republic First Bancorp Inc has a staff strength of 525 employees.

Stock update

Shares of Republic First Bancorp Inc opened at $1.24 at the start of the last trading session i.e. 2023-03-30.

The stocks traded within a range of $1.19 - $1.27, and closed at $1.19.

This is a -4.03% slip from the previous day's closing price.

A total volume of 211,518 shares were traded at the close of the day’s session.

In the last one week, shares of Republic First Bancorp Inc have slipped by -6.3%.

Republic First Bancorp Inc's Key Ratios

Republic First Bancorp Inc has a market cap of $81.83 million, indicating a price to book ratio of 0.601 and a price to sales ratio of 0.9174.

In the last 12-months Republic First Bancorp Inc’s revenue was $164.07 million with a gross profit of $156.21 million and an EBITDA of $0. The EBITDA ratio measures Republic First Bancorp Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Republic First Bancorp Inc’s operating margin was 17.58% while its return on assets stood at 0.31% with a return of equity of 6.96%.

In Q4, Republic First Bancorp Inc’s quarterly earnings growth was a negative -87.6% while revenue growth was a positive 5%.

Republic First Bancorp Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

5.9048

PEG

0

Its diluted EPS in the last 12-months stands at $0.21 per share while it has a forward price to earnings multiple of 0 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 Republic First Bancorp Inc’s profitability.

Republic First Bancorp Inc 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 0.9174.

Republic First Bancorp Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$6.00 billion

Total Liabilities

$79.62 million

Operating Cash Flow

$-231222000.00

Capital Expenditure

$2.60 million

Dividend Payout Ratio

0%

Republic First Bancorp Inc ended 2023 with $6.00 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $6.00 billion while shareholder equity stood at $189.46 million.

Republic First Bancorp Inc ended 2023 with $0 in deferred long-term liabilities, $79.62 million in other current liabilities, 643000.00 in common stock, $19.60 million in retained earnings and $0 in goodwill. Its cash balance stood at $52.45 million and cash and short-term investments were $1.05 billion. The company’s total short-term debt was $79,620,000 while long-term debt stood at $453.78 million.

Republic First Bancorp Inc’s total current assets stands at $4.11 billion while long-term investments were $2.57 billion and short-term investments were $999.52 million. Its net receivables were $18.78 million compared to accounts payable of $401000.00 and inventory worth $0.

In 2023, Republic First Bancorp Inc's operating cash flow was $-231222000.00 while its capital expenditure stood at $2.60 million.

Comparatively, Republic First Bancorp Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$1.19

52-Week High

$5.2

52-Week Low

$1.12

Analyst Target Price

$3.5

Republic First Bancorp Inc stock is currently trading at $1.19 per share. It touched a 52-week high of $5.2 and a 52-week low of $5.2. Analysts tracking the stock have a 12-month average target price of $3.5.

Its 50-day moving average was $1.89 and 200-day moving average was $2.76 The short ratio stood at 21.57 indicating a short percent outstanding of 0%.

Around 2129% of the company’s stock are held by insiders while 5256.7% are held by institutions.