2023-01-26 00:05:05

First Bank (FRBA) Q4 Earnings and Revenues Miss Estimates

Logo Nasdaq
Nasdaq
By Zacks

First Bank (FRBA) came out with quarterly earnings of $0.48 per share, missing the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.42 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -11.11%. A quarter ago, it was expected that this company would post earnings of $0.51 per share when it actually produced earnings of $0.52, delivering a surprise of 1.96%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

First Bank, which belongs to the Zacks Banks - Northeast industry, posted revenues of $25.2 million for the quarter ended December 2022, missing the Zacks Consensus Estimate by 4.56%. This compares to year-ago revenues of $22.85 million. The company has topped consensus revenue estimates just once over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Continue read on nasdaq.com

Logo Benzinga
Business / FinanceBy Benzinga Insights2023-01-24 19:02:08
First Bank FRBA is set to give its latest quarterly earnings report on Wednesday, 2023-01-25. Here's what investors need to know before the announcement....

Logo Benzinga
Business / FinanceBy Benzinga Insights2023-01-25 19:02:06
First Financial Bancorp FFBC is set to give its latest quarterly earnings report on Thursday, 2023-01-26. Here's what investors need to know before the...

Logo Nasdaq
Business / FinanceBy Zacks2023-01-26 00:15:04
FS Bancorp (FSBW) came out with quarterly earnings of $0.97 per share, missing the Zacks Consensus Estimate of $1.11 per share. This compares to earnings of...

Logo Benzinga
Business / FinanceBy Benzinga Insights2023-01-25 19:01:05
First Merchants FRME is set to give its latest quarterly earnings report on Thursday, 2023-01-26. Here's what investors need to know before the announcement....

Logo PR Newswire
Fourth Quarter and Full Year 2022 Results BIRMINGHAM, Ala., Jan. 25, 2023 /PRNewswire/ -- First US Bancshares, Inc. (Nasdaq: FUSB) (the "Company"), the...

Logo Benzinga
Business / FinanceBy Benzinga Insights2023-01-25 19:01:46
First Western Financial MYFW is set to give its latest quarterly earnings report on Thursday, 2023-01-26. Here's what investors need to know before the...

Logo PR Newswire
SOUTHERN PINES, N.C., Jan. 24, 2023 /PRNewswire/ -- First Bancorp (the "Company") (NASDAQ - FBNC), the parent company of First Bank, announced today net...

Logo Nasdaq
Business / FinanceBy Zacks2023-01-26 00:15:04
CVB Financial (CVBF) came out with quarterly earnings of $0.47 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.35 per...

Logo Nasdaq
Business / FinanceBy Rtt News2023-01-25 14:11:08
(RTTNews) - Capitol Federal Financial (CFFN) released earnings for first quarter that decreased from the same period last year and missed the Street...

Logo Benzinga
Business / FinanceBy Globe Newswire2023-01-25 21:51:22
Fourth Quarter 2022 Highlights Net Earnings of $66.2 million, or $0.47 per share Return on Average Tangible Common Equity of 23.65% Return on average assets...

Logo Nasdaq
Business / FinanceBy Zacks2023-01-25 23:35:05
FinWise Bancorp (FINW) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to...

Logo Benzinga
Business / FinanceBy Benzinga Insights2023-01-25 21:01:16
First Foundation FFWM is set to give its latest quarterly earnings report on Thursday, 2023-01-26. Here's what investors need to know before the...

Logo Benzinga
Business / FinanceBy Benzinga Insights2023-01-25 15:01:23
First of Long Island FLIC is set to give its latest quarterly earnings report on Thursday, 2023-01-26. Here's what investors need to know before the...

Logo Nasdaq
Business / FinanceBy Rtt News2023-01-25 11:52:03
(RTTNews) - US Bancorp (USB) reported a profit for fourth quarter that decreased from the same period last year and missed the Street estimates. The...

Logo GlobeNewswire
BLUEFIELD, Va., Jan. 24, 2023 (GLOBE NEWSWIRE) -- First Community Bankshares, Inc. (NASDAQ: FCBC) ( www.firstcommunitybank.com ) (the Company) today reported...

Logo Benzinga
Business / FinanceBy Benzinga Insights2023-01-25 18:01:42
Colony Bankcorp CBAN is set to give its latest quarterly earnings report on Thursday, 2023-01-26. Here's what investors need to know before the announcement....

Logo Benzinga
Business / FinanceBy Benzinga Insights2023-01-25 18:01:48
Bank7 BSVN is set to give its latest quarterly earnings report on Thursday, 2023-01-26. Here's what investors need to know before the announcement. Analysts...

Logo Benzinga
Business / FinanceBy Business Wire2023-01-25 21:38:00
Bankwell Financial Group, Inc. BWFG reported GAAP net income of $8.0 million, or $1.04 per share for the fourth quarter of 2022, versus $7.8 million, or...

Logo Benzinga
Business / FinanceBy Benzinga Insights2023-01-25 18:01:29
Independent Bank IBCP is set to give its latest quarterly earnings report on Thursday, 2023-01-26. Here's what investors need to know before the...

Logo Benzinga
Business / FinanceBy Benzinga Insights2023-01-25 21:01:37
First Interstate BancSys FIBK is set to give its latest quarterly earnings report on Thursday, 2023-01-26. Here's what investors need to know before the...