First Bank (NASDAQ:FRBA) Posts Quarterly Earnings Results, Meets Estimates

First Bank (NASDAQ:FRBA) issued its earnings results on Monday. The bank reported $0.49 EPS for the quarter, meeting the consensus estimate of $0.49, Zacks reports. First Bank had a return on equity of 10.32% and a net margin of 17.76%.The business had revenue of $38.46 million for the quarter, compared to the consensus estimate of $37.42 million.

First Bank Stock Performance

Shares of First Bank stock opened at $16.65 on Wednesday. First Bank has a 52-week low of $12.74 and a 52-week high of $18.11. The firm’s 50 day moving average price is $16.55 and its 200-day moving average price is $16.11. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.78.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in FRBA. Tower Research Capital LLC TRC raised its position in First Bank by 117.4% during the second quarter. Tower Research Capital LLC TRC now owns 2,654 shares of the bank’s stock valued at $41,000 after acquiring an additional 1,433 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in First Bank by 21.7% in the second quarter. BNP Paribas Financial Markets now owns 4,620 shares of the bank’s stock valued at $71,000 after purchasing an additional 825 shares during the period. Lazard Asset Management LLC purchased a new stake in shares of First Bank in the second quarter valued at approximately $154,000. Mercer Global Advisors Inc. ADV acquired a new position in shares of First Bank during the 3rd quarter worth approximately $169,000. Finally, Prudential Financial Inc. lifted its position in shares of First Bank by 19.5% during the 2nd quarter. Prudential Financial Inc. now owns 13,400 shares of the bank’s stock valued at $207,000 after buying an additional 2,190 shares in the last quarter. Hedge funds and other institutional investors own 64.86% of the company’s stock.

First Bank News Summary

Here are the key news stories impacting First Bank this week:

• Positive Sentiment: Management raised shareholder returns — Board approved a 50% hike in the quarterly cash dividend to $0.09 and the bank reported tangible book value per share growth to $15.81, signaling capital strength and management confidence. First Bank Announces Fourth Quarter 2025 Net Income of $12.3 Million and Full Year Net Income of $43.7 Million
• Positive Sentiment: Management set explicit growth goals for 2026 — targeting ~$200M of net loan growth while prioritizing deposit-cost optimization, which supports revenue expansion without materially raising funding costs if executed. First Bank targets $200m net loan growth for 2026 while prioritizing deposit cost optimization
• Neutral Sentiment: Reported Q4 results largely matched expectations — diluted EPS of $0.49 met consensus and revenue modestly beat; net interest margin improved to ~3.74% and efficiency continued to improve, underpinning core profitability but leaving limited upside from the print itself. First Bank (FRBA) Matches Q4 Earnings Estimates
• Neutral Sentiment: Full earnings and management commentary are available in the Q4 earnings-call transcript for investors wanting detail on segment performance, loan pipelines and capital deployment plans. First Bank (FRBA) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Credit costs jumped — Q4 credit loss expense rose to $4.8M (full-year $11.9M) driven by higher specific reserves and charge-offs in the small-business portfolio, and nonperforming loans increased to $18.4M; that deterioration is a clear near-term profit headwind. First Bank Reports Fourth Quarter 2025 Results: Tangible Book Value Growth and Dividend Increase Announced
• Negative Sentiment: Elevated loan payoffs & a downgraded C&I loan pressured loan balances and may limit near-term interest-earning asset growth — Q4 saw ~$134.8M of payoffs that cut loans sequentially, reducing balance-sheet leverage for near-term NII expansion. First Bank Announces Fourth Quarter 2025 Net Income of $12.3 Million and Full Year Net Income of $43.7 Million

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on FRBA shares. Weiss Ratings reissued a “buy (b)” rating on shares of First Bank in a report on Monday, December 29th. DA Davidson lowered shares of First Bank from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 20th. Finally, Zacks Research cut First Bank from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 25th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $18.25.

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. It also offers various loan products comprising commercial and industrial loans, which include line of credit, inventory, equipment, and short-term working capital financing; commercial real estate loans, such as owner-occupied, investor, construction and development, and multi-family loans; residential real estate loans comprising residential mortgages, first and second lien home equity loans, and revolving lines of credit; and consumer and other loans consists of auto, personal, traditional installment, and other loans.