First Bank (FRBA) stock analysis

In our weekly check, First Bank is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 14 pass, warnings: 4, red flags: 7.

About First Bank

First Bank is a Financial Services company (Banks - Regional) based in the United States, listed on NASDAQ as FRBA.

What our checks show for FRBA

Red flags

• The net margin fell by 18.2 points over 5 years, to 17.6%: the company keeps less of each sale as profit.
• The gross margin fell by 34.6 points, to 56.3%: costs are rising faster than prices.
• Analysts expect revenue to shrink about 14.8% a year.
• The stock has fallen as much as 79% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 6.8 years.
• Return on capital (ROCE) is only 1.4%.

Warning signs

• Earnings per share fell 2.2% a year over the last 3 years.
• A small company (market value $481 million): usually riskier and followed by fewer analysts.
• The share count grew by 13.7% in 2 years: each shareholder owns a smaller slice.
• Thinly traded (about 103 thousand shares a day): buying and selling can move the price.

Strengths

• Operating cash flow is 1.52x net profit: the profit arrives as real cash.
• Analysts expect the net margin to improve by 12.6 points from today's 17.6%.
• Revenue grew 29.6% a year over the last 3 years.
• Free cash flow is 25.6% of revenue: cash for dividends, buybacks or growth.
• The dividend takes 14% of profit: there is a cushion.
• Beta 0.56: the stock usually moves less than the market.

Next earnings report: 2027-01-25

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Questions

What grade does First Bank (FRBA) have?

In our weekly check, First Bank is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 14 pass, warnings: 4, red flags: 7. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of FRBA stock?

This week's biggest flags for First Bank: Margins falling, Gross margin falling, Weak revenue forecast. In total 11 of 25 checks show a warning or a red flag.

What does First Bank do?

First Bank is a Financial Services company (Banks - Regional) based in the United States, listed on NASDAQ as FRBA.

When does First Bank report earnings next?

The next earnings report is expected on 2027-01-25. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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