First Bank

First Bank is a state-chartered commercial bank, which offers a traditional range of deposit and loan products to individuals and businesses in its Central and Southern New Jersey markets. Its primary focus within community banking encompasses the firm's primary business, which includes providing a wide range of commercial and retail and related banking services. The company was founded on April 23, 2007 and is headquartered in Hamilton, NJ.

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First Bank (FRBA) reports robust Q4 earnings, eyes growth post-Malvern

First Bank (FRBA) delivered a strong Q4 2022 performance with solid profitability metrics and positive growth in tangible book value per share.
While facing challenges like increased deposit costs and stock buyback constraints, the bank remains optimistic for 2023, driven by new initiatives and the Malvern acquisition.
Opportunities lie in revenue enhancements post-merger, improved loan yields, and expense control, positioning First Bank for continued growth and success.
Management's focus on maintaining asset quality, controlling expenses, and leveraging opportunities bodes well for the bank's future performance and shareholder value.

First Bank (FRBA) reports $7.0 million net income in Q1 2023, eyes C&I lending growth and share buybacks

First Bank (FRBA) navigated Q1 2023 with solid financial performance, emphasizing quality loan growth and expense management. Despite challenges in NIM compression and lower non-interest income, the company remains focused on strategic initiatives for future growth. Opportunities in C&I lending, geographic expansion, and share buybacks post-merger offer avenues for enhancing shareholder value.

First Bank (FRBA) reports robust Q2 growth amidst integration challenges

First Bank (FRBA) showcased strong operational performance with notable deposit and loan growth in Q2 2023.
Despite challenges from strategic investments and industry conditions, the bank is focused on profitability and efficiency.
Opportunities lie in the Malvern acquisition for enhanced profitability and in organic growth for expanding revenue streams.
Addressing challenges such as earnings drag and integration issues will be crucial for sustained financial success.

First Bank reports robust Q3 earnings post-Malvern merger success

First Bank's Q3 performance reflects the successful merger with Malvern Bank and progress on Project Sculpt, driving strong financial metrics.
While facing integration challenges and short-term cost increases, the bank is well-positioned for future growth and profitability.
Management's strategic focus on core profitability, asset optimization, and cost efficiency bodes well for sustained earnings growth.
With a healthy loan and deposit pipeline, First Bank is poised to capitalize on opportunities for margin improvement and financial strength.

First Bank (FRBA) reports robust Q4 earnings, eyes organic growth

First Bank's Q4 2023 performance showcased strong core earnings growth, improved margins, and meeting cost savings targets. While facing challenges in non-interest income and balance sheet optimization, the bank remains optimistic about future results and emphasizes organic growth opportunities.

First Bank (FRBA) reports robust Q1 earnings amidst deposit challenges

First Bank (FRBA) delivered a strong quarter with efficient operations and positive financial metrics. While facing challenges in core deposit attraction and noncore items impacting earnings, the bank remains focused on growth opportunities through low-cost deposits and technology investments.

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First Bank is a state-chartered commercial bank, which offers a traditional range of deposit and loan products to individuals and businesses in its Central and Southern New Jersey markets. Its primary focus includes providing a wide range of commercial and retail and related banking services. The company was founded in 2007 and is headquartered in Hamilton, NJ.

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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is First Bank (FRBA) a Great Value Stock Right Now?

Should Value Investors Buy First Bank (FRBA) Stock?

After losing some value lately, a hammer chart pattern has been formed for First Bank (FRBA), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

First Bank (FRBA) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now

If you are looking for stocks that are well positioned to maintain their recent uptrend, First Bank (FRBA) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Here's Why Momentum in First Bank (FRBA) Should Keep going

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First Bank (FRBA) Q4 2023 Earnings Call Transcript

First Bank (FRBA) possesses solid growth attributes, which could help it handily outperform the market.

Looking for a Growth Stock? 3 Reasons Why First Bank (FRBA) is a Solid Choice

First Bank (FRBA) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.48 per share a year ago.

First Bank (FRBA) Q4 Earnings Beat Estimates

Results highlighted by improved geographic diversification, continued balance sheet repositioning, and strong asset quality Results highlighted by improved geographic diversification, continued balance sheet repositioning, and strong asset quality

First Bank Announces Fourth Quarter 2023 Net Income of $8.4 Million and Full Year Net Income of $20.9 Million

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HAMILTON, N.J., Jan. 03, 2024 (GLOBE NEWSWIRE) -- First Bank (Nasdaq Global Market: FRBA) invites participation in a conference call to discuss the Company's financial and operating performance during its fourth quarter ended December 31, 2023.

First Bank Announces Fourth Quarter 2023 Earnings Conference Call

First Bank (FRBA) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

What Makes First Bank (FRBA) a Good Fit for 'Trend Investing'

ATLANTA--(BUSINESS WIRE)--Backbase, the global leader in Engagement Banking, announced St. Louis-based First Bank is live on the Backbase Engagement Banking Platform, powering the bank's transformation strategy to offer a seamless, digital-first experience to its customers. First Bank chose Backbase for its powerful, centralized platform, enabling the integration of multiple existing technology solutions, such as fraud management and payments, and facilitating seamless integration with new tech.

First Bank implements Backbase's Engagement Banking Platform

First Bank (FRBA) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

First Bank (FRBA) Surges 5.1%: Is This an Indication of Further Gains?

ROANOKE, Va.--(BUSINESS WIRE)--KlariVis proudly announces that Springfield, Missouri-based holding company OakStar Bancshares, Inc. has selected it as its data partner for its three banks, including OakStar Bank in Missouri, First Colorado National Bank in Colorado, and Community First Bank in Kansas City. OakStar Bank strives to create a difference and leave a legacy through serving their customers, shareholders and communities with outstanding, personalized service. As a locally owned communi.

OakStar Bancshares, Inc. Partners with KlariVis for Enhanced Data Insights Across its Three Banks – OakStar Bank, First Colorado National Bank and Community First Bank

RALEIGH, N.C., Nov. 30, 2023 /PRNewswire/ -- The North Carolina Home Builders Association (NCHBA) has announced that Southern Pines-based First Bank has made a $15,000 contribution to purchase and distribute copies of The House That She Built Book to elementary schools throughout North Carolina.

First Bank and NCHBA Partner to Bring Copies of The House That She Built Book to Elementary Students Throughout North Carolina

SOUTHERN PINES, N.C., Nov. 8, 2023 /PRNewswire/ -- First Bank will host the largest food drive in company history November 1 – November 30, 2023.

FIRST BANK HOSTING BANK-WIDE FOOD DRIVE IN NOVEMBER 2023

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AMZN, PBR and FRBA made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 1, 2023.

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First Bank (FRBA) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.52 per share a year ago.

First Bank (FRBA) Q3 Earnings Beat Estimates

Quarterly results reflect the successful completion of Malvern Bancorp merger, total assets exceed $3.5 billion, improved geographic diversification and projected earnings profile Quarterly results reflect the successful completion of Malvern Bancorp merger, total assets exceed $3.5 billion, improved geographic diversification and projected earnings profile

First Bank Announces Third Quarter of 2023 Net Loss of $1.3 Million driven by one-time costs associated with Malvern Bancorp acquisition

ST. LOUIS--(BUSINESS WIRE)--Mikel Williamson, current president of First Bank, will be assuming the role of President and CEO, effective November 1, 2023.

Mikel Williamson Appointed CEO of First Bank

ATLANTA--(BUSINESS WIRE)--Dream First Bank, a Kansas bank with several locations serving the region and beyond, was just named among the top extraordinary community banks in the United States by The Institute for Extraordinary Banking™, winning three categories at this year's Banky Awards event. This year's award wins included the iconic Banky Award, for its commitment to strong community banking. This recognition is given to top community banks across the country to help people find the best b.

Dream First Bank Wins Three Banky Awards Putting Them Among the Top Extraordinary Community Banks in the Nation

HAMILTON, N.J., Sept. 28, 2023 (GLOBE NEWSWIRE) -- First Bank (Nasdaq Global Market: FRBA) invites participation in a conference call to discuss the Company's financial and operating performance during its third quarter ended September 30, 2023.

First Bank Announces Third Quarter 2023 Earnings Conference Call

SOUTHERN PINES, N.C. , Aug. 1, 2023 /PRNewswire/ -- For the second year First Bank is honoring "Out of this World Educators" in the Carolinas.

News for First Bank Stock (FRBA)