News articles about First Bank (NASDAQ:FRBA) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. First Bank earned a daily sentiment score of 0.21 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 45.0836578619021 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Several brokerages have issued reports on FRBA. Zacks Investment Research upgraded First Bank from a “hold” rating to a “strong-buy” rating and set a $17.00 price objective for the company in a research report on Friday, January 12th. Sandler O’Neill set a $14.00 price objective on First Bank and gave the company a “hold” rating in a research report on Wednesday, October 11th. ValuEngine upgraded First Bank from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Finally, BidaskClub downgraded First Bank from a “hold” rating to a “sell” rating in a research report on Saturday. One research analyst has rated the stock with a sell rating, three have given a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $15.33.
Shares of First Bank (NASDAQ:FRBA) opened at $14.35 on Tuesday. The firm has a market capitalization of $251.97, a price-to-earnings ratio of 22.42 and a beta of 0.64. First Bank has a 52-week low of $10.60 and a 52-week high of $14.95.
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First Bank Company Profile
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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