Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
15 October 2010Website:
http://www.firstbanknj.comNext earnings report:
26 July 2024Last dividends:
09 May 2024Next dividends:
N/APrice
after hours | Fri, 21 Jun 2024 20:02:29 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
FRBA Latest News
Celebrating the bold leaders who disrupt markets, revolutionize industries and transform lives Celebrating the bold leaders who disrupt markets, revolutionize industries and transform lives
Fulton Financial Corp.'s stock rose on Monday following the announcement of its acquisition of Republic First Bank from the Federal Deposit Insurance Corp. in the first bank liquidation of the year.
Fulton Financial saw a rise in its stock price on Monday following its acquisition of Republic First's deposits and assets from the FDIC, marking the first bank failure of 2024 in the U.S.
David Smith from Autonomous Research explains why he believes Republic First Bank is not a warning sign for the industry and explores the potential impact of a prolonged period of higher interest rates on regional banks.
Fulton Financial is set to take over the assets and deposits of Republic First Bank, which was taken over by Pennsylvania regulators on Friday. As a result, shares of Fulton Financial rose.
Pennsylvania regulators took control of Republic First Bancorp, a troubled Philadelphia-based regional bank, on Friday. This is the first regional banking failure of the year, following several collapses in 2023. However, Republic First Bancorp is smaller than the banks that failed last year, and its almost thirty branches will reopen under a different name.
Regulators are getting ready to take control of Republic First Bancorp and sell it to another financial institution, according to a report by the Wall Street Journal on Friday, as weaknesses in the regional banking sector become more apparent.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
After losing some value lately, a hammer chart pattern has been formed for First Bank (FRBA), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
- 1(current)
- 2
What type of business is First Bank?
First Bank provides various banking products and services to individuals, businesses, and governmental entities. The company accepts various deposits, including non-interest bearing demand deposits, interest bearing demand accounts, money market accounts, savings accounts, and certificates of deposit, as well as commercial checking accounts. Its loan products include commercial and industrial loans; commercial real estate loans, such as owner-occupied, investor, construction and development, and multi-family loans; residential real estate loans comprising residential mortgages, first and second lien home equity loans, and revolving lines of credit; and consumer and other loans that include auto, personal, and traditional installment loans. The company also provides electronic banking services, including Internet and mobile banking, electronic bill payment, and banking by phone, as well as ATM and debit cards, and wire and ACH transfer services; remote deposit capture; and cash management services. As of December 31, 2021, it operated 18 full-service branches in Cinnaminson, Cranbury, Delanco, Denville, Ewing, Flemington, Hamilton, Hamilton, Lawrence, Mercerville, Pennington, Randolph, Somerset, and Williamstown counties in New Jersey, as well as Doylestown, Trevose, Warminster, and West Chester counties in Pennsylvania. First Bank was incorporated in 2007 and is headquartered in Hamilton, New Jersey.
What sector is First Bank in?
First Bank is in the Financial Services sector
What industry is First Bank in?
First Bank is in the Banks - Regional industry
What country is First Bank from?
First Bank is headquartered in United States
When did First Bank go public?
First Bank initial public offering (IPO) was on 15 October 2010
What is First Bank website?
https://www.firstbanknj.com
Is First Bank in the S&P 500?
No, First Bank is not included in the S&P 500 index
Is First Bank in the NASDAQ 100?
No, First Bank is not included in the NASDAQ 100 index
Is First Bank in the Dow Jones?
No, First Bank is not included in the Dow Jones index
When does First Bank report earnings?
The next expected earnings date for First Bank is 26 July 2024