Press coverage about First Bank (NASDAQ:FRBA) has trended somewhat positive on Wednesday, according to Accern. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. First Bank earned a daily sentiment score of 0.18 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 45.3331793662549 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
First Bank (NASDAQ FRBA) traded up $0.15 during trading hours on Wednesday, reaching $13.95. 1,475 shares of the company’s stock were exchanged, compared to its average volume of 20,466. The stock has a market capitalization of $245.86, a P/E ratio of 27.35 and a beta of 0.57. First Bank has a 12 month low of $10.60 and a 12 month high of $14.95.
First Bank (NASDAQ:FRBA) last posted its quarterly earnings results on Tuesday, January 30th. The bank reported $0.18 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.19 by ($0.01). The business had revenue of $12.86 million for the quarter, compared to the consensus estimate of $12.60 million. analysts forecast that First Bank will post 1.04 EPS for the current year.
A number of equities analysts have weighed in on FRBA shares. ValuEngine raised shares of First Bank from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Zacks Investment Research downgraded shares of First Bank from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Finally, BidaskClub downgraded shares of First Bank from a “hold” rating to a “sell” rating in a research note on Saturday, January 20th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $15.33.
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About First Bank
First Bank is a commercial bank. The Company provides a range of lending, deposit and other financial products and services. It operates through Community Banking segment, which is engaged in providing a range of commercial and retail and related banking services. It offers a range of lending products to meet the needs of its customers located within its market areas, including commercial and industrial loans, commercial real estate loans (including owner-occupied, investor, and multi-family loans), residential real estate loans, and consumer and other loans.
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