FB Bancorp (NASDAQ:FBLA) Issues Quarterly Earnings Results

FB Bancorp (NASDAQ:FBLA) announced its earnings results on Tuesday. The company reported $0.05 earnings per share for the quarter, Zacks reports. The firm had revenue of $14.14 million for the quarter. FB Bancorp had a positive return on equity of 0.88% and a negative net margin of 0.36%.

FB Bancorp Trading Down 0.6%

NASDAQ:FBLA opened at $15.53 on Thursday. The company has a market capitalization of $250.96 million, a P/E ratio of -1,551.45 and a beta of -0.08. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.32. FB Bancorp has a 12 month low of $11.22 and a 12 month high of $15.79. The firm has a fifty day simple moving average of $14.75 and a 200-day simple moving average of $13.94.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of FB Bancorp from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, May 1st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Institutional Trading of FB Bancorp

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FBLA. Russell Investments Group Ltd. acquired a new position in shares of FB Bancorp in the third quarter valued at about $44,000. New York State Common Retirement Fund acquired a new stake in shares of FB Bancorp during the second quarter worth about $100,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of FB Bancorp during the second quarter worth about $110,000. Raymond James Financial Inc. purchased a new stake in FB Bancorp in the third quarter valued at approximately $120,000. Finally, XTX Topco Ltd purchased a new stake in FB Bancorp in the fourth quarter valued at approximately $130,000.

FB Bancorp Company Profile

FB Bancorp Inc operates as a bank holding company for Fidelity Bank. The Company, through its subsidiaries, provides deposit accounts, mortgages, home equity and consumer loans, credit and debit cards, online and mobile banking, investments and other financial services. FB Bancorp Inc is based in New Orleans.