$0.24 EPS Expected for First Bank (FRBA)

October 2, 2018 - By Ruchi Gupta

Analysts expect First Bank (NASDAQ:FRBA) to report $0.24 EPS on October, 29.They anticipate $0.03 EPS change or 14.29 % from last quarter’s $0.21 EPS. FRBA’s profit would be $4.48 million giving it 13.14 P/E if the $0.24 EPS is correct. After having $0.24 EPS previously, First Bank’s analysts see 0.00 % EPS growth. The stock decreased 4.11% or $0.54 during the last trading session, reaching $12.61. About 26,050 shares traded or 1.90% up from the average. First Bank (NASDAQ:FRBA) has risen 4.21% since October 2, 2017 and is uptrending. It has underperformed by 11.41% the S&P500.

First Bank provides various banking services and products to individuals, businesses, and governmental entities in New Jersey and Pennsylvania. The company has market cap of $235.36 million. The firm accepts various deposits, including non-interest bearing demand deposits, interest bearing demand accounts, money market accounts, savings accounts, and certificates of deposit, as well as commercial checking accounts. It has a 19.98 P/E ratio. The Company’s loan products include commercial and industrial loans; commercial real estate loans, such as commercial real estate owner-occupied and investor, construction and development, and multi-family real estate loans; residential real estate loans comprising residential mortgages, first and second lien home equity loans, and revolving lines of credit; and consumer loans, which consists of auto, personal, traditional installment, and other loans.

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