FB Bancorp (NASDAQ:FBLA) Issues Quarterly Earnings Results

FB Bancorp (NASDAQ:FBLA) posted its quarterly earnings data on Friday. The company reported $0.03 EPS for the quarter, FiscalAI reports. The firm had revenue of $13.15 million during the quarter. FB Bancorp had a positive return on equity of 0.91% and a negative net margin of 0.36%.

FB Bancorp Trading Up 0.2%

FBLA opened at $16.86 on Friday. FB Bancorp has a one year low of $11.96 and a one year high of $17.65. The stock has a market capitalization of $268.92 million, a PE ratio of -1,684.32 and a beta of -0.10. The business’s 50 day moving average price is $16.51 and its 200 day moving average price is $14.80. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.97 and a current ratio of 0.97.

Institutional Investors Weigh In On FB Bancorp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Marquette Asset Management LLC acquired a new position in shares of FB Bancorp in the 2nd quarter valued at $182,000. Deutsche Bank AG acquired a new stake in shares of FB Bancorp during the 2nd quarter worth about $211,000. WINTON GROUP Ltd purchased a new stake in FB Bancorp in the 2nd quarter valued at about $252,000. Odyssean LLC purchased a new stake in FB Bancorp in the 2nd quarter valued at about $286,000. Finally, Focus Partners Advisor Solutions LLC purchased a new stake in FB Bancorp in the 2nd quarter valued at about $306,000.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Wall Street Zen raised FB Bancorp from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. Weiss Ratings raised shares of FB Bancorp from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, November 2nd. One analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

FB Bancorp Company Profile

FB Bancorp, Inc is the bank holding company for First Bank, a community-focused financial institution headquartered in Hamilton, New Jersey. Through its banking subsidiary, the company provides financial services to individuals, families, businesses and nonprofit organizations.

First Bank offers a range of deposit products, including checking, savings, money market and certificate of deposit accounts. Its lending activities include commercial real estate loans, commercial and industrial financing, residential and consumer loans, construction lending and other credit products designed to support local businesses and households.

The bank primarily serves communities in New Jersey and eastern Pennsylvania through its branch network and digital banking services.