First Bank (FRBA) Stock Forecast, Price Target & Predictions
FRBA Stock Forecast
First Bank stock forecast is as follows: an average price target of $17.00 (represents a 14.56% upside from FRBA’s last price of $14.84) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
FRBA Price Target
The average price target for First Bank (FRBA) is $17.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $17.00 to $17.00. This represents a potential 14.56% upside from FRBA's last price of $14.84.
FRBA Analyst Ratings
According to 2 Wall Street analysts, First Bank's rating consensus is 'Buy'. The analyst rating breakdown for FRBA stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
First Bank Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 30, 2024 | Justin Crowley | Piper Sandler | $17.00 | $14.12 | 20.40% | 14.56% |
| Jul 30, 2024 | Justin Crowley | Piper Sandler | $18.00 | $15.40 | 16.88% | 21.29% |
The latest First Bank stock forecast, released on Oct 30, 2024 by Justin Crowley from Piper Sandler, set a price target of $17.00, which represents a 20.40% increase from the stock price at the time of the forecast ($14.12), and a 14.56% increase from FRBA last price ($14.84).
First Bank Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 2 |
| Avg Price Target | $17.00 | $17.00 | $17.50 |
| Last Closing Price | $14.84 | $14.84 | $14.84 |
| Upside/Downside | 14.56% | 14.56% | 17.92% |
In the current month, the average price target of First Bank stock is $17.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 14.56% increase as opposed to First Bank's last price of $14.84. This month's average price target is down 0.00% compared to last quarter, and down -2.86% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 30, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Jul 30, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Apr 26, 2022 | Zacks Investment Research | - | Hold | Upgrade |
First Bank's last stock rating was published by Piper Sandler on Oct 30, 2024. The company gave FRBA a "Overweight" rating, the same as its previous rate.
First Bank Financial Forecast
First Bank Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $23.76M | $25.20M | $25.51M | $24.37M | $22.42M | $22.85M | $22.68M | $21.76M | $22.35M | $20.73M | $19.88M | $18.21M | $17.09M | $17.68M | $14.88M |
| Avg Forecast | $36.54M | $35.65M | $34.95M | $34.30M | $35.27M | $34.51M | $33.46M | $32.80M | $32.85M | $32.79M | $32.13M | $32.60M | $31.13M | $28.95M | $28.10M | $24.40M | $26.68M | $25.57M | $24.07M | $22.84M | $22.67M | $21.93M | $21.73M | $21.13M | $19.95M | $18.95M | $16.85M | $16.44M | $18.01M | $15.16M |
| High Forecast | $36.89M | $35.99M | $35.28M | $34.63M | $35.61M | $34.84M | $33.77M | $33.11M | $33.17M | $32.79M | $32.43M | $32.91M | $31.42M | $29.24M | $28.37M | $24.63M | $26.93M | $25.57M | $24.07M | $22.84M | $22.67M | $21.93M | $21.73M | $21.13M | $19.95M | $18.95M | $16.85M | $16.44M | $18.01M | $15.16M |
| Low Forecast | $36.26M | $35.38M | $34.68M | $34.04M | $35.00M | $34.24M | $33.20M | $32.54M | $32.60M | $32.79M | $31.88M | $32.35M | $30.89M | $28.63M | $27.89M | $24.21M | $26.48M | $25.57M | $24.07M | $22.84M | $22.67M | $21.93M | $21.73M | $21.13M | $19.95M | $18.95M | $16.85M | $16.44M | $18.01M | $15.16M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 13 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 0.94% | 1.00% | 1.01% | 0.98% | 1.01% | 1.03% | 1.00% | 1.06% | 1.04% | 1.05% | 1.08% | 1.04% | 0.98% | 0.98% |
First Bank's average Quarter revenue forecast for Jun 23 based on 1 analysts is $28.10M, with a low forecast of $27.89M, and a high forecast of $28.37M. FRBA's average Quarter revenue forecast represents a 18.27% increase compared to the company's last Quarter revenue of $23.76M (Mar 23).
First Bank EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 13 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $20.80M | $20.19M | $17.39M | $13.99M | $12.75M | $12.43M | $14.53M | $14.58M | $15.99M | $12.20M | $12.72M | $11.55M | $11.07M | $12.99M | $11.39M |
| Avg Forecast | $15.04M | $14.68M | $14.39M | $14.12M | $14.52M | $14.21M | $13.77M | $13.50M | $13.52M | $13.50M | $13.23M | $15.43M | $12.81M | $11.92M | $11.57M | $14.03M | $14.33M | $9.79M | $9.21M | $12.75M | $8.68M | $8.40M | $8.32M | $10.55M | $7.64M | $7.26M | $6.45M | $14.44M | $6.90M | $5.81M |
| High Forecast | $15.19M | $14.81M | $14.52M | $14.25M | $14.66M | $14.34M | $13.90M | $13.63M | $13.65M | $13.50M | $13.35M | $18.52M | $12.94M | $12.04M | $11.68M | $16.83M | $17.19M | $9.79M | $9.21M | $15.30M | $8.68M | $8.40M | $8.32M | $12.66M | $7.64M | $7.26M | $6.45M | $17.32M | $6.90M | $5.81M |
| Low Forecast | $14.93M | $14.56M | $14.28M | $14.01M | $14.41M | $14.10M | $13.67M | $13.40M | $13.42M | $13.50M | $13.12M | $12.34M | $12.72M | $11.78M | $11.48M | $11.22M | $11.46M | $9.79M | $9.21M | $10.20M | $8.68M | $8.40M | $8.32M | $8.44M | $7.64M | $7.26M | $6.45M | $11.55M | $6.90M | $5.81M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.48% | 1.41% | 1.78% | 1.52% | 1.00% | 1.43% | 1.73% | 1.75% | 1.52% | 1.60% | 1.75% | 1.79% | 0.77% | 1.88% | 1.96% |
1 analysts predict FRBA's average Quarter EBITDA for Jun 23 to be $11.57M, with a high of $11.68M and a low of $11.48M. This is -44.38% lower than First Bank's previous annual EBITDA (Mar 23) of $20.80M.
First Bank Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 13 | 13 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.99M | $9.10M | $10.21M | $8.82M | $8.16M | $7.84M | $9.04M | $8.89M | $9.66M | $6.20M | $5.90M | $4.12M | $3.23M | $3.45M | $2.88M |
| Avg Forecast | $11.28M | $10.90M | $10.52M | $10.39M | $10.98M | $10.47M | $9.80M | $9.80M | $9.80M | $10.22M | $10.14M | $9.87M | $9.88M | $6.67M | $2.28M | $8.97M | $9.03M | $12.71M | $11.03M | $8.16M | $10.67M | $10.73M | $10.17M | $6.38M | $7.58M | $5.64M | $3.92M | $4.22M | $5.05M | $5.18M |
| High Forecast | $11.42M | $11.03M | $10.65M | $10.52M | $11.12M | $10.60M | $9.92M | $9.92M | $10.05M | $10.23M | $10.26M | $11.85M | $11.22M | $8.47M | $2.31M | $10.77M | $10.84M | $12.71M | $11.03M | $9.79M | $10.67M | $10.73M | $10.17M | $7.65M | $7.58M | $5.64M | $3.92M | $5.06M | $5.05M | $5.18M |
| Low Forecast | $11.17M | $10.79M | $10.41M | $10.29M | $10.87M | $10.37M | $9.70M | $9.70M | $9.55M | $10.21M | $10.04M | $7.90M | $8.55M | $3.85M | $2.26M | $7.18M | $7.23M | $12.71M | $11.03M | $6.53M | $10.67M | $10.73M | $10.17M | $5.10M | $7.58M | $5.64M | $3.92M | $3.37M | $5.05M | $5.18M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 1.01% | 0.80% | 0.80% | 1.00% | 0.73% | 0.84% | 0.87% | 1.52% | 0.82% | 1.05% | 1.05% | 0.77% | 0.68% | 0.56% |
First Bank's average Quarter net income forecast for Jun 23 is $2.28M, with a range of $2.26M to $2.31M. FRBA's average Quarter net income forecast represents a -67.37% decrease compared to the company's last Quarter net income of $6.99M (Mar 23).
First Bank SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 13 | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $8.95M | $6.30M | $8.42M | $8.17M | $7.97M | $8.44M | $7.81M | $7.33M | $7.14M | $7.88M | $6.77M | $6.45M | $6.84M | $6.47M | $5.99M |
| Avg Forecast | $14.42M | $14.07M | $13.79M | $13.53M | $13.92M | $13.62M | $13.20M | $12.94M | $12.96M | $12.94M | $12.68M | $9.64M | $12.28M | $11.42M | $11.09M | $8.76M | $9.73M | $8.42M | $7.92M | $7.97M | $7.46M | $7.22M | $7.15M | $4.72M | $6.56M | $6.24M | $5.54M | $8.92M | $5.93M | $4.99M |
| High Forecast | $14.55M | $14.20M | $13.92M | $13.66M | $14.05M | $13.75M | $13.33M | $13.06M | $13.09M | $12.94M | $12.80M | $11.57M | $12.40M | $11.54M | $11.19M | $10.52M | $11.67M | $8.42M | $7.92M | $9.56M | $7.46M | $7.22M | $7.15M | $5.66M | $6.56M | $6.24M | $5.54M | $10.70M | $5.93M | $4.99M |
| Low Forecast | $14.31M | $13.96M | $13.68M | $13.43M | $13.81M | $13.51M | $13.10M | $12.84M | $12.86M | $12.94M | $12.58M | $7.71M | $12.19M | $11.30M | $11.00M | $7.01M | $7.78M | $8.42M | $7.92M | $6.37M | $7.46M | $7.22M | $7.15M | $3.77M | $6.56M | $6.24M | $5.54M | $7.13M | $5.93M | $4.99M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 0.65% | 1.00% | 1.03% | 1.00% | 1.13% | 1.08% | 1.03% | 1.52% | 1.20% | 1.09% | 1.16% | 0.77% | 1.09% | 1.20% |
First Bank's average Quarter SG&A projection for Jun 23 is $11.09M, based on 1 Wall Street analysts, with a range of $11.00M to $11.19M. The forecast indicates a 23.86% rise compared to FRBA last annual SG&A of $8.95M (Mar 23).
First Bank EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 13 | 13 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.36 | - | $0.52 | $0.45 | $0.42 | $0.40 | $0.46 | $0.45 | $0.49 | $0.32 | $0.30 | $0.21 | $0.16 | $0.17 | $0.15 |
| Avg Forecast | $0.45 | $0.43 | $0.41 | $0.41 | $0.43 | $0.41 | $0.39 | $0.39 | $0.39 | $0.40 | $0.40 | $0.42 | $0.39 | $0.26 | $0.09 | $0.38 | $0.54 | $0.50 | $0.44 | $0.41 | $0.42 | $0.42 | $0.40 | $0.35 | $0.30 | $0.22 | $0.15 | $0.23 | $0.20 | $0.20 |
| High Forecast | $0.45 | $0.44 | $0.42 | $0.42 | $0.44 | $0.42 | $0.39 | $0.39 | $0.40 | $0.40 | $0.40 | $0.43 | $0.44 | $0.33 | $0.09 | $0.38 | $0.54 | $0.50 | $0.44 | $0.41 | $0.42 | $0.42 | $0.40 | $0.35 | $0.30 | $0.22 | $0.15 | $0.23 | $0.20 | $0.20 |
| Low Forecast | $0.44 | $0.43 | $0.41 | $0.41 | $0.43 | $0.41 | $0.38 | $0.38 | $0.38 | $0.40 | $0.40 | $0.42 | $0.34 | $0.15 | $0.09 | $0.38 | $0.53 | $0.50 | $0.44 | $0.41 | $0.42 | $0.42 | $0.40 | $0.35 | $0.30 | $0.22 | $0.15 | $0.23 | $0.20 | $0.20 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | - | 1.03% | 1.03% | 1.02% | 0.95% | 1.08% | 1.12% | 1.40% | 1.06% | 1.34% | 1.35% | 0.71% | 0.85% | 0.73% |
According to 1 Wall Street analysts, First Bank's projected average Quarter EPS for Jun 23 is $0.09, with a low estimate of $0.09 and a high estimate of $0.09. This represents a -75.00% decrease compared to FRBA previous annual EPS of $0.36 (Mar 23).