Shares of First Bank rallied for the sixth straight trading session. Encouraging inflation numbers and a rising unemployment rate are giving confidence to the Federal Reserve that prices will eventually come down toward the 2% target. So, market participants are predicting interest rate cuts as early as during the September FOMC meeting. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate rev ...

ST. PETERSBURG, Fla., July 09, 2024 (GLOBE NEWSWIRE) -- Climate First Bank, the world's first FDICinsured digital community bank founded to combat the climate crisis, announced today the release of its 2023 Impact Report. Committed to its mission and accountability as a leader in values-based banking, Climate First Bank's Impact Report measures its impact on the environment and communities. Outstanding Growth – In 2023, Climate First Bank grew its assets by 93%, loan portfolio by 97% and total deposits by 1 ...

Event: Earnings Conference Call – Second Quarter 2024 Conference Call Access Code: 8550862 About First Bank HAMILTON, N.J., June 26, 2024 (GLOBE NEWSWIRE) -- First Bank (Nasdaq Global Market: FRBA) invites participation in a conference call to discuss the Company's financial and operating performance during its second quarter ending on June 30, 2024. When: Thursday, July 25, 2024 at 9:00 a.m. Eastern Time Access: Conference Call Dial-In: (800) 715-9871 (toll free) Patrick L. Ryan, President and Chief Execut ...

HAMILTON, N.J., June 26, 2024 (GLOBE NEWSWIRE) -- First Bank (Nasdaq Global Market: FRBA) invites participation in a conference call to discuss the Company's financial and operating performance during its second quarter ending on June 30, 2024. When: Thursday, July 25, 2024 at 9:00 a.m. Eastern Time Access: Conference Call Dial-In: (800) 715-9871 (toll free) Patrick L. Ryan, President and Chief Executive Officer, Andrew L. Hibshman, Chief Financial Officer, Peter J. Cahill, Chief Lending Officer, and Darlee ...

Core Insights - Climate First Bank has been recognized for its commitment to sustainable banking practices, with CEO Ken LaRoe receiving the Entrepreneur Of The Year® 2024 Florida Award, highlighting the bank's leadership in environmental stewardship [1][4]. Company Overview - Climate First Bank is a Certified B Corp and values-based digital community bank that integrates sustainability into its operations, focusing on eco-conscious financial decisions for individuals and businesses [2][9]. - The bank offers a full-service portfolio of traditional banking products, emphasizing support for NGOs and businesses committed to sustainability, including dedicated loan options for solar energy and energy retrofits [9]. Award Recognition - The Entrepreneur Of The Year program, founded in 1986, recognizes entrepreneurs for their ingenuity and impact, with LaRoe now eligible for the National Awards, which will be announced in November [12][14]. - The award selection process involves an independent judging panel evaluating candidates based on their ability to create long-term value and demonstrate substantial impact [3]. Community and Support - Award winners become lifetime members of a global community of entrepreneurs, gaining access to resources and insights from alumni and ecosystem members across more than 60 countries [6]. - EY US also supports initiatives like the EY Entrepreneurial Winning Women™ program and the EY Entrepreneurs Access Network to empower diverse entrepreneurs [7].

Republic First Bank was seized by Pennsylvania regulators Friday. The FDIC reached a deal with Fulton Financial (FULT) to assume substantially all deposits and purchase substantially all assets of the Republic Bank.X As of Jan. 21, Republic Bank had about $6 billion in total assets and $4 billion in total deposits. Republic Bank's 32 banks in New Jersey, Pennsylvania and New York will reopen as Fulton Bank branches.The FDIC estimates the deposit insurance cost reflated to Republic Bank's failure at $667 mil ...

ToplineTroubled Philadelphia-based regional bank Republic First Bancorp was seized by Pennsylvania regulators Friday, marking the first regional banking failure this year following a series of high-profile collapses in 2023—though the bank is far smaller than those that collapsed last year and its nearly three dozen branches are set to reopen under a new name.Philadelphia-based Republic First Bancorp was seized by Pennsylvania regulators, the FDIC announced ... [+] on Friday.Getty Images Key FactsThe Pennsy ...

First Bank (FRBA) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.95%. A quarter ago, it was expected that this company would post earnings of $0.37 per share when it actually produced earnings of $0.49, delivering a surprise of 32.43%.Over the last four quarters, the company has s ...

HAMILTON, N.J., April 22, 2024 (GLOBE NEWSWIRE) -- First Bank (Nasdaq Global Market: FRBA) (the Bank) today announced results for the first quarter of 2024. Net income for the first quarter of 2024 was $12.5 million, or $0.50 per diluted share, compared to $7.0 million, or $0.36 per diluted share, for the first quarter of 2023. Return on average assets, return on average equity and return on average tangible equity[i] for the first quarter of 2024 were 1.41%, 13.36% and 15.64%, respectively, compared to 1.0 ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that t ...