First Bank (FRBA) Given Daily Media Sentiment Rating of 0.25
Press coverage about First Bank (NASDAQ:FRBA) has trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. First Bank earned a news sentiment score of 0.25 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 44.1316683552272 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of First Bank (NASDAQ:FRBA) opened at 12.55 on Tuesday. First Bank has a 12 month low of $8.27 and a 12 month high of $14.80. The stock’s 50 day moving average price is $12.48 and its 200-day moving average price is $12.29. The firm has a market capitalization of $188.44 million, a price-to-earnings ratio of 19.70 and a beta of 0.57.
The business also recently declared a quarterly dividend, which was paid on Thursday, August 24th. Stockholders of record on Thursday, August 10th were given a $0.02 dividend. The ex-dividend date was Tuesday, August 8th. This represents a $0.08 annualized dividend and a dividend yield of 0.64%. First Bank’s dividend payout ratio is currently 12.50%.
Several analysts have recently weighed in on FRBA shares. Robert W. Baird upgraded First Bank from a “neutral” rating to an “outperform” rating and set a $14.00 price objective for the company in a report on Tuesday, May 30th. ValuEngine upgraded First Bank from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Finally, Zacks Investment Research lowered First Bank from a “hold” rating to a “sell” rating in a report on Tuesday, July 4th.
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About First Bank
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, construction and development and multi-family loans), residential real estate loans, and consumer and other loans.
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