First Bank (FRBA) Stock Forecast, Price Target & Predictions
FRBA Stock Forecast
First Bank stock forecast is as follows: an average price target of $18.00 (represents a 16.05% upside from FRBA’s last price of $15.51) 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 $18.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $18.00 to $18.00. This represents a potential 16.05% upside from FRBA's last price of $15.51.
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 |
|---|---|---|---|---|---|---|
| Jul 30, 2024 | Justin Crowley | Piper Sandler | $18.00 | $15.40 | 16.88% | 16.05% |
The latest First Bank stock forecast, released on Jul 30, 2024 by Justin Crowley from Piper Sandler, set a price target of $18.00, which represents a 16.88% increase from the stock price at the time of the forecast ($15.40), and a 16.05% increase from FRBA last price ($15.51).
First Bank Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $18.00 | $18.00 |
| Last Closing Price | $15.51 | $15.51 | $15.51 |
| Upside/Downside | -100.00% | 16.05% | 16.05% |
In the current month, the average price target of First Bank stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to First Bank's last price of $15.51. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 Jul 30, 2024. The company gave FRBA a "Overweight" rating, the same as its previous rate.
First Bank Financial Forecast
First Bank Revenue Forecast
| 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 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $15.09M | $14.71M | $15.14M | $15.74M |
| Avg Forecast | $36.25M | $35.53M | $34.60M | $33.72M | $33.46M | $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 | $15.22M | $15.35M | $17.46M | $13.22M |
| High Forecast | $37.11M | $36.37M | $35.42M | $34.52M | $34.26M | $33.57M | $32.89M | $33.38M | $31.86M | $29.24M | $28.77M | $24.98M | $27.32M | $26.18M | $24.07M | $23.36M | $23.19M | $22.44M | $22.23M | $21.62M | $20.40M | $19.38M | $17.23M | $16.82M | $18.42M | $15.51M | $15.57M | $15.70M | $20.96M | $15.87M |
| Low Forecast | $35.81M | $35.10M | $34.19M | $33.31M | $33.06M | $32.39M | $31.74M | $32.21M | $30.75M | $28.63M | $27.76M | $24.11M | $26.36M | $25.27M | $24.07M | $22.52M | $22.36M | $21.63M | $21.43M | $20.84M | $19.67M | $18.69M | $16.61M | $16.21M | $17.76M | $14.95M | $15.01M | $15.14M | $13.97M | $10.58M |
| # Analysts | - | - | - | - | 1 | 2 | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 6 | 11 | 10 | 10 | 11 | 6 | 5 | 5 | 6 | 12 | 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% | 0.99% | 0.96% | 0.87% | 1.19% |
First Bank's average Quarter revenue forecast for Jun 23 based on 1 analysts is $28.10M, with a low forecast of $27.76M, and a high forecast of $28.77M. 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 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 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 6 | 11 | 10 | 10 | 11 | 6 | 5 | 5 | 6 | 12 | 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 | $10.77M | $11.36M | $10.81M | $11.96M |
| Avg Forecast | $13.88M | $13.60M | $13.25M | $12.91M | $12.81M | $12.55M | $12.30M | $15.43M | $11.92M | $11.08M | $10.76M | $14.03M | $10.22M | $14.87M | $9.21M | $12.75M | $13.03M | $13.52M | $12.75M | $10.55M | $12.20M | $8.09M | $6.93M | $14.44M | $10.52M | $14.64M | $14.20M | $11.36M | $12.48M | $10.05M |
| High Forecast | $14.21M | $13.93M | $13.56M | $13.22M | $13.12M | $12.85M | $12.59M | $18.52M | $12.20M | $11.20M | $11.02M | $16.83M | $10.46M | $17.84M | $9.21M | $15.30M | $15.63M | $16.22M | $15.30M | $12.66M | $14.64M | $9.71M | $8.32M | $17.32M | $12.62M | $17.57M | $17.04M | $13.63M | $14.97M | $12.05M |
| Low Forecast | $13.71M | $13.44M | $13.09M | $12.76M | $12.66M | $12.40M | $12.15M | $12.34M | $11.77M | $10.96M | $10.63M | $11.22M | $10.09M | $11.89M | $9.21M | $10.20M | $10.42M | $10.81M | $10.20M | $8.44M | $9.76M | $6.48M | $5.54M | $11.55M | $8.41M | $11.71M | $11.36M | $9.09M | $9.98M | $8.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.48% | 1.98% | 1.17% | 1.52% | 1.00% | 0.95% | 1.08% | 1.14% | 1.52% | 1.00% | 1.57% | 1.67% | 0.77% | 1.24% | 0.78% | 0.76% | 1.00% | 0.87% | 1.19% |
1 analysts predict FRBA's average Quarter EBITDA for Jun 23 to be $10.76M, with a high of $11.02M and a low of $10.63M. This is -48.27% lower than First Bank's previous annual EBITDA (Mar 23) of $20.80M.
First Bank Net Income Forecast
| 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 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 6 | 11 | 10 | 10 | 11 | 6 | 5 | 5 | 6 | 12 | 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 | $2.84M | $4.27M | $4.10M | $5.44M |
| Avg Forecast | $11.57M | $11.17M | $10.51M | $10.13M | $10.22M | $10.21M | $10.10M | $9.87M | $9.85M | $6.65M | $2.27M | $8.97M | $13.56M | $9.25M | $11.00M | $8.16M | $8.21M | $8.41M | $7.78M | $6.38M | $6.20M | $3.76M | $2.47M | $4.22M | $2.80M | $3.71M | $3.74M | $4.27M | $4.73M | $4.57M |
| High Forecast | $11.92M | $11.51M | $10.84M | $10.44M | $10.53M | $10.53M | $10.42M | $11.85M | $11.18M | $8.44M | $2.34M | $10.77M | $13.97M | $11.10M | $11.00M | $9.79M | $9.85M | $10.09M | $9.34M | $7.65M | $7.43M | $4.51M | $2.96M | $5.06M | $3.35M | $4.45M | $4.49M | $5.12M | $5.67M | $5.48M |
| Low Forecast | $11.38M | $10.99M | $10.35M | $9.97M | $10.06M | $9.97M | $9.95M | $7.90M | $8.52M | $3.84M | $2.24M | $7.18M | $13.34M | $7.40M | $11.00M | $6.53M | $6.57M | $6.72M | $6.23M | $5.10M | $4.96M | $3.01M | $1.98M | $3.37M | $2.24M | $2.96M | $2.99M | $3.42M | $3.78M | $3.65M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 0.67% | 1.10% | 0.80% | 1.00% | 0.95% | 1.08% | 1.14% | 1.52% | 1.00% | 1.57% | 1.67% | 0.77% | 1.24% | 0.78% | 0.76% | 1.00% | 0.87% | 1.19% |
First Bank's average Quarter net income forecast for Jun 23 is $2.27M, with a range of $2.24M to $2.34M. FRBA's average Quarter net income forecast represents a -67.47% decrease compared to the company's last Quarter net income of $6.99M (Mar 23).
First Bank SG&A Forecast
| 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 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 6 | 11 | 10 | 10 | 11 | 6 | 5 | 5 | 6 | 12 | 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 | $6.42M | $6.25M | $6.16M | $5.57M |
| Avg Forecast | $11.93M | $11.69M | $11.39M | $11.10M | $11.01M | $10.79M | $10.57M | $9.64M | $10.24M | $9.53M | $9.25M | $8.76M | $8.78M | $7.99M | $7.92M | $7.97M | $8.84M | $7.26M | $6.42M | $4.72M | $7.88M | $4.31M | $3.87M | $8.92M | $5.24M | $7.70M | $8.46M | $6.25M | $7.10M | $4.68M |
| High Forecast | $12.21M | $11.97M | $11.66M | $11.36M | $11.27M | $11.05M | $10.82M | $11.57M | $10.49M | $9.62M | $9.47M | $10.52M | $8.99M | $9.59M | $7.92M | $9.56M | $10.61M | $8.72M | $7.70M | $5.66M | $9.46M | $5.17M | $4.64M | $10.70M | $6.29M | $9.24M | $10.15M | $7.50M | $8.52M | $5.61M |
| Low Forecast | $11.79M | $11.55M | $11.25M | $10.96M | $10.88M | $10.66M | $10.44M | $7.71M | $10.12M | $9.42M | $9.14M | $7.01M | $8.67M | $6.39M | $7.92M | $6.37M | $7.08M | $5.81M | $5.13M | $3.77M | $6.30M | $3.45M | $3.09M | $7.13M | $4.19M | $6.16M | $6.77M | $5.00M | $5.68M | $3.74M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 0.72% | 1.05% | 1.03% | 1.00% | 0.95% | 1.08% | 1.14% | 1.52% | 1.00% | 1.57% | 1.67% | 0.77% | 1.24% | 0.78% | 0.76% | 1.00% | 0.87% | 1.19% |
First Bank's average Quarter SG&A projection for Jun 23 is $9.25M, based on 1 Wall Street analysts, with a range of $9.14M to $9.47M. The forecast indicates a 3.30% rise compared to FRBA last annual SG&A of $8.95M (Mar 23).
First Bank EPS Forecast
| 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 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 6 | 11 | 10 | 10 | 11 | 6 | 5 | 5 | 6 | 12 | 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 | $0.15 | $0.23 | $0.22 | $0.29 |
| Avg Forecast | $0.46 | $0.44 | $0.42 | $0.40 | $0.40 | $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 | $0.22 | $0.23 | $0.30 | $0.21 |
| High Forecast | $0.47 | $0.46 | $0.43 | $0.41 | $0.42 | $0.42 | $0.41 | $0.43 | $0.44 | $0.33 | $0.09 | $0.39 | $0.55 | $0.52 | $0.44 | $0.42 | $0.44 | $0.44 | $0.41 | $0.36 | $0.31 | $0.23 | $0.16 | $0.23 | $0.21 | $0.21 | $0.23 | $0.24 | $0.36 | $0.25 |
| Low Forecast | $0.45 | $0.44 | $0.41 | $0.39 | $0.40 | $0.39 | $0.39 | $0.41 | $0.34 | $0.15 | $0.09 | $0.37 | $0.53 | $0.50 | $0.44 | $0.40 | $0.41 | $0.42 | $0.40 | $0.34 | $0.29 | $0.22 | $0.15 | $0.22 | $0.20 | $0.20 | $0.22 | $0.23 | $0.24 | $0.17 |
| 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% | 0.67% | 1.00% | 0.73% | 1.38% |
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).
First Bank Peer Comparison by Price Target
FRBA Forecast FAQ
Is First Bank a good buy?
Yes, according to 2 Wall Street analysts, First Bank (FRBA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of FRBA's total ratings.
What is FRBA's price target?
First Bank (FRBA) average price target is $18 with a range of $18 to $18, implying a 16.05% from its last price of $15.51. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will First Bank stock go up soon?
According to Wall Street analysts' prediction for FRBA stock, the company can go up by 16.05% (from the last price of $15.51 to the average price target of $18), up by 16.05% based on the highest stock price target, and up by 16.05% based on the lowest stock price target.
Can First Bank stock reach $20?
FRBA's average twelve months analyst stock price target of $18 does not support the claim that First Bank can reach $20 in the near future.
What are First Bank's analysts' financial forecasts?
First Bank's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $130.97M (high $134.09M, low $129.4M), average EBITDA is $53.1M (high $57.08M, low $49.56M), average net income is $40.41M (high $43.32M, low $37.87M), average SG&A $42.01M (high $44.71M, low $39.69M), and average EPS is $1.63 (high $1.68, low $1.6). FRBA's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $140.1M (high $143.43M, low $138.41M), average EBITDA is $53.64M (high $54.92M, low $53M), average net income is $43.38M (high $44.72M, low $42.7M), average SG&A $46.1M (high $47.2M, low $45.55M), and average EPS is $1.72 (high $1.77, low $1.69).
Did the FRBA's actual financial results beat the analysts' financial forecasts?
Based on First Bank's last annual report (Dec 2022), the company's revenue was $97.49M, which missed the average analysts forecast of $99.16M by -1.68%. Apple's EBITDA was $64.33M, beating the average prediction of $47.05M by 36.73%. The company's net income was $36.29M, missing the average estimation of $41.96M by -13.53%. Apple's SG&A was $30.86M, missing the average forecast of $32.66M by -5.49%. Lastly, the company's EPS was $1.86, missing the average prediction of $1.89 by -1.41%. In terms of the last quarterly report (Mar 2023), First Bank's revenue was $23.76M, missing the average analysts' forecast of $24.4M by -2.63%. The company's EBITDA was $20.8M, beating the average prediction of $14.03M by 48.28%. First Bank's net income was $6.99M, missing the average estimation of $8.97M by -22.12%. The company's SG&A was $8.95M, beating the average forecast of $8.76M by 2.14%. Lastly, the company's EPS was $0.36, missing the average prediction of $0.38 by -5.26%