First Bank (FRBA) Given Daily News Impact Rating of 0.25
Media stories about First Bank (NASDAQ:FRBA) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. First Bank earned a daily sentiment score of 0.25 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 45.9356244224874 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
FRBA has been the subject of a number of research analyst reports. Zacks Investment Research upgraded First Bank from a “sell” rating to a “strong-buy” rating and set a $15.00 price objective for the company in a report on Tuesday, August 1st. Sandler O’Neill set a $14.00 price objective on First Bank and gave the stock a “hold” rating in a report on Wednesday, October 11th.
Shares of First Bank (NASDAQ:FRBA) traded up $0.15 during trading on Friday, reaching $13.05. 34,913 shares of the company were exchanged, compared to its average volume of 39,231. First Bank has a 12-month low of $10.37 and a 12-month high of $14.80. The stock has a market cap of $227.55, a PE ratio of 18.64 and a beta of 0.58.
The firm also recently declared a quarterly dividend, which will be paid on Friday, November 24th. Investors of record on Friday, November 10th will be given a dividend of $0.02 per share. The ex-dividend date of this dividend is Thursday, November 9th. This represents a $0.08 dividend on an annualized basis and a yield of 0.61%. First Bank’s dividend payout ratio (DPR) is 12.50%.
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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