Skip to main content

Market Overview

First Bank: Q2 Earnings Insights

Share:

Shares of First Bank (NASDAQ:FRBA) moved higher by 5.07% after the company reported Q2 results.

Quarterly Results

Earnings per share increased 40.00% year over year to $0.21, which beat the estimate of $0.15.

Revenue of $18,208,000 higher by 20.68% year over year, which beat the estimate of $15,830,000.

Looking Ahead

First Bank hasn't issued any earnings guidance for the time being.

First Bank hasn't issued any revenue guidance for the time being.

Technicals

Company's 52-week high was at $11.80

52-week low: $6.00

Price action over last quarter: down 0.30%

Company Description

First Bank is a full-service commercial bank, with an emphasis on providing personal and business financial services to individuals and small to mid-sized businesses in Gloucester, Atlantic and Camden Counties in New Jersey. The Bank provides its customers with a variety of financial services targeting all segments of the retail and corporate market. It's Business Banking offers commercial deposits accounts, business loans, online banking, cash management.

 

Related Articles (FRBA)

View Comments and Join the Discussion!

Posted-In: Earnings