FB Bancorp (NASDAQ:FBLA) Releases Quarterly Earnings Results

FB Bancorp (NASDAQ:FBLA) issued its quarterly earnings data on Tuesday. The company reported $0.05 earnings per share (EPS) for the quarter, Zacks reports. FB Bancorp had a return on equity of 0.93% and a net margin of 0.83%.

FB Bancorp Stock Performance

Shares of FBLA traded down $0.03 during trading hours on Tuesday, hitting $15.63. The stock had a trading volume of 113,960 shares, compared to its average volume of 109,182. The firm has a 50-day moving average price of $14.69 and a 200 day moving average price of $13.90. FB Bancorp has a fifty-two week low of $11.22 and a fifty-two week high of $15.79. The firm has a market capitalization of $252.58 million, a price-to-earnings ratio of 390.85 and a beta of -0.08. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.94 and a current ratio of 0.94.

Analyst Ratings Changes

Separately, Weiss Ratings raised FB Bancorp from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Trexquant Investment LP acquired a new position in shares of FB Bancorp in the fourth quarter worth about $173,000. First Trust Advisors LP acquired a new stake in shares of FB Bancorp during the 2nd quarter valued at about $142,000. XTX Topco Ltd acquired a new stake in shares of FB Bancorp during the 2nd quarter valued at about $140,000. Price T Rowe Associates Inc. MD purchased a new position in shares of FB Bancorp in the 4th quarter valued at about $139,000. Finally, AQR Capital Management LLC purchased a new position in shares of FB Bancorp in the 4th quarter valued at about $134,000.

About FB Bancorp

FB Bancorp Inc operates as a bank holding company for Fidelity Bank. The Company, through its subsidiaries, provides deposit accounts, mortgages, home equity and consumer loans, credit and debit cards, online and mobile banking, investments and other financial services. FB Bancorp Inc is based in New Orleans.