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Friday 6 November 2026 Export FRBA’s income statement to Excel — free account

First Bank

FRBA Financial Banks Regional

First Bank’s revenue for fiscal 2025 (year ended December 2025) was $245.8 million, up 7.14% from fiscal 2024.

Revenue
−3.96%
EPS
+7.32%
Free cash flow
−48.7%
Total debt
−29.4%

Quarter to June 2026, against a year earlier

19.93 0.61 −2.97%
Market cap
$493.4M
P/E
11.6×
Fwd P/E
11.5×
Dividend yield
2.26%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 10.66%

Capital & Financial Ratios $m

Size
Market Cap 493.35
Revenue ttm 243.86
Net income ttm 42.54
Free cash flow ttm 50.73
Net debt Q (76.03)
Valuation
P/E 11.59
Forward P/E 11.50
Price / sales 2.04
Forward P/S Powerpack
Price / FCF 9.79
Price / book 1.10
Financial health
Current ratio Q 1.11
Debt / equity Q 0.61
Interest coverage Q —
Growth
Revenue growth Q −3.96% (below 0%: shrinking)
Operating income growth Q +9.71% (above 0%: growing)
EPS, this year −2.30% (below 0%: weak)
EPS, next year A +14.90%
Revenue, next year A −38.57% (below 0%: weak)
EPS, past 5 yrs +12.40%
EPS, next 5 yrs A +6.19%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 55.15%
10-year low 10-year high
P/S against its own 10 years 57.09%
10-year low 10-year high
P/B against its own 10 years 86.50%
10-year low 10-year high

Dividends

Yield
2.26%
Annual rate
0.45
Payout ratio
26.6%
Growth, 2018–26
+15.9%/yr
  1. 0.12 ’18
  2. 0.12 ’19 +0
  3. 0.12 ’20 +0
  4. 0.15 ’21 +25
  5. 0.24 ’22 +60
  6. 0.24 ’23 +0
  7. 0.24 ’24 +0
  8. 0.24 ’25 +0
  9. 0.39 ’26 +63
paid change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 229 273 310 352
Receivables — — — —
Inventory — — — —
Other — — — —
3,223 3,393 3,572 3,693
2023 2024 2025 Q'26
Payables 2,968 3,056 3,202 3,324
ST’ Debt — — — —
Other — — — —
2,970 3,060 3,207 3,329

Compound Annual Growth %

10y 5y 3y
Sales 22.46% 20.80% 29.81%
Cash Flow 29.00% 21.75% 21.14%
Earnings 27.36% 17.55% 6.36%
Book Value 20.49% 13.25% 15.27%

Earnings Trends EPS, adjusted, against the consensus

Sep 2026 Estimate 0.44 Actual 0.49

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Dec 2025 0.49 0.49 Met by 0.00
Mar 2026 0.47 0.30 Miss by 0.17
Jun 2026 0.40 0.43 Beat by 0.03
Sep 2026 0.44 0.49 Beat by 0.05
Dec 2026 0.45 — Reports 25 January 2027

EPS $

Mar Jun Sep Dec Year
’26 0.30 0.43 — — —
’25 0.37 0.41 0.47 0.49 1.74
’24 0.50 0.44 0.32 0.41 1.67
’23 0.36 0.35 (0.05) 0.33 0.95
’22 0.41 0.45 0.52 0.46 1.84
’21 0.49 0.45 0.46 0.40 1.79
’20 0.16 0.21 0.30 0.31 0.97
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 58 59 — — —
’25 58 62 64 63 246
’24 56 56 59 59 229
’23 35 38 50 50 173
’22 24 26 29 33 112
’21 25 24 25 25 99
’20 23 24 24 24 96
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 11 8 — — —
’25 20 11 17 17 66
’24 10 8 (1) 10 28
’23 9 7 89 39 144
’22 7 9 16 5 37
’21 10 6 5 6 28
’20 6 3 7 9 25
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 11 7 — — —
’25 20 14 16 16 67
’24 10 8 0 8 26
’23 8 6 88 38 141
’22 7 8 16 4 35
’21 10 6 6 6 29
’20 6 2 7 9 24
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.7
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 40 53 76 88 96 99 112 173 229 246 244 +22.4% 151 160 169 (11.7%)
Gross margin, % 76.41 78.36 76.65 70.73 79.44 90.67 86.75 59.90 56.60 59.88 61.42 (16.5) pt
EBT 10 14 22 19 26 47 48 27 55 57 56 +22.1%
EBT margin, % 23.79 27.05 28.40 21.57 27.19 47.26 42.61 15.67 24.04 23.31 23.11 (0.5) pt
Net income 6 7 18 13 19 35 36 21 42 44 43 +23.8%
Per share, $
Per share, $ Revenue 3.83 3.75 4.18 4.62 4.81 5.04 5.76 7.90 9.13 9.85 9.79 +11.1%
Earnings 0.61 0.49 0.97 0.70 0.98 1.81 1.86 0.95 1.68 1.75 1.72 +12.4%
Cash flow 0.88 1.16 2.03 0.84 1.23 1.43 1.89 6.56 1.10 2.63 2.12 +12.9%
Capex (0.04) (0.03) (0.10) (0.05) (0.02) 0.03 (0.10) (0.14) (0.07) 0.04 (0.08) n/m
Free cash flow 0.83 1.13 1.93 0.79 1.21 1.46 1.79 6.41 1.03 2.67 2.04 +13.8%
Book value 8.52 11.48 10.70 11.85 11.97 13.60 14.85 16.90 16.28 17.78 18.19 +8.5%
Shares, m 10 14 18 19 20 20 20 22 25 25 25 +10.2%
Valuation, ×
Valuation, × P/E 28.54 33.41 12.63 15.82 9.57 8.06 7.30 14.67 8.38 9.41 11.59 14.8
P/S 0.00 0.00 2.90 2.39 1.95 2.88 2.36 1.86 1.54 1.67 2.04 1.8
P/B 0.00 0.00 1.13 0.93 0.78 1.07 0.91 0.87 0.86 0.93 1.10 0.7
EV/Sales 0.25 0.25 3.60 2.84 2.90 2.56 2.30 1.89 1.56 1.51 — 2.0
EV/FCF 1.76 1.76 7.82 16.68 11.57 8.84 7.39 2.33 13.86 5.58 — 7.8
Cash, $m
Cash, $m Operating cash flow 9 17 37 16 25 28 37 144 28 66 53 +24.4%
Capex 0 0 (2) (1) 0 1 (2) (3) (2) 1 (2) n/m
Free cash flow 9 16 35 15 24 29 35 141 26 67 51 +25.4%
Balance, $m
Balance, $m Working capital 33 99 119 157 226 149 153 252 334 365 364 +30.5%
Net debt 48 69 54 40 91 (32) (7) 5 4 (39) (76) n/m
Shareholders’ equity 89 163 195 226 238 267 290 371 409 444 453 +19.6%
Returns, %
Returns, % ROA 0.66 0.55 1.11 0.72 0.89 1.45 1.38 0.66 1.14 1.13 1.05 +0.5 pt
ROIC 4.53 4.57 5.74 5.36 4.95 12.65 10.74 5.85 8.34 8.85 9.34 +4.3 pt
ROE 8.13 5.55 9.82 6.38 8.37 14.04 13.05 6.33 10.83 10.24 9.72 +2.1 pt
People
People Employees 110 153 188 221 207 220 241 288 320 336 — +13.2%
Revenue/emp, $m 0.36 0.35 0.41 0.40 0.46 0.45 0.47 0.60 0.72 0.73 — +8.1%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

First Bank vs peers in Banks Regional (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
OBT Orange County Bancorp, Inc. $534.6M 11.2× 10.5× −16.27% (below 0%: shrinking) +17.24% (above 0%: growing) +491.65% (above 0%: growing) 81.95% 0.00% Compare
PDLB Ponce Financial Group, Inc. $528.0M 11.3× 2.1× +20.72% (above 0%: growing) +188.89% (above 0%: growing) +1,603.44% (above 0%: growing) 59.70% 0.00% Compare
WTBA West Bancorporation, Inc. $523.4M 12.9× 11.5× +1.00% (above 0%: growing) +24.04% (above 0%: growing) +44.69% (above 0%: growing) 56.06% 0.00% Compare
CZNC Citizens & Northern Corp $507.1M 19.2× 12.9× +26.53% (above 0%: growing) +97.50% (above 0%: growing) +90.26% (above 0%: growing) 76.74% 0.00% Compare
FMAO Farmers & Merchants Bancorp Inc. $500.5M 11.6× 11.3× +6.18% (above 0%: growing) +32.48% (above 0%: growing) +35.98% (above 0%: growing) 67.12% 0.00% Compare
FRBA First Bank $493.4M 11.6× 11.5× −3.96% (below 0%: shrinking) +7.32% (above 0%: growing) −48.72% (below 0%: shrinking) 62.19% 0.00%
PBAM Private Bancorp of America, Inc. $482.0M 10.8× 10.1× +1.51% (above 0%: growing) +27.22% (above 0%: growing) +7,335.44% (above 0%: growing) 77.85% 0.00% Compare
HBCP Home Bancorp, Inc. $478.0M 10.6× 10.7× +1.86% (above 0%: growing) −18.75% (below 0%: shrinking) +17.52% (above 0%: growing) 74.37% 0.00% Compare
BMRC Bank of Marin Bancorp $463.9M — (loss-making) 11.9× +10.24% (above 0%: growing) +31.91% (above 0%: growing) +32.70% (above 0%: growing) 0.00% 0.00% Compare
Median of peers $503.8M 11.3× 11.0× +4.02% +29.56% +67.48% 70.75% 0.00%

All 327 Banks Regional stocks →

First Bank (FRBA) Latest News

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stockrow.com/FRBA · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com