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Climate First Bank Shows Significant Growth in 2023 Impact Report
GlobeNewswire News Room· 2024-07-09 14:49
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 ...
First Bank Announces Second Quarter 2024 Earnings Conference Call
Newsfilter· 2024-06-26 14:00
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 ...
First Bank Announces Second Quarter 2024 Earnings Conference Call
GlobeNewswire News Room· 2024-06-26 14:00
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 ...
EY Announces Ken LaRoe of Climate First Bank as an Entrepreneur Of The Year® 2024 Florida Award Winner
GlobeNewswire News Room· 2024-06-19 13:00
"I am deeply honored to receive the Entrepreneur of the Year award on behalf of Climate First Bank. This recognition underscores our commitment to pioneering sustainable banking practices and driving positive environmental impact. We remain steadfast in our mission to lead by example in the banking industry and to empower our customers to make environmentally responsible financial decisions. This accolade inspires us to continue pushing boundaries and setting new standards for sustainable banking," said LaR ...
Republic First Bank Seized, Sold To Fulton Financial
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 ...
Republic First Bank Seized By Regulators—First Bank Collapse Of 2024
Forbes· 2024-04-26 23:27
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) - 2024 Q1 - Earnings Call Transcript
2024-04-23 18:57
Operator Ladies and gentlemen, thank you for standing by. My name is Abby and I will be your conference operator today. At this time, I would like to welcome everyone to the First Bank FRBA First Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. [Operator Instructions]. Thank you. And I would now like to turn the conference over to Mr. Patrick Ryan, President and CEO. You may be ...
First Bank (FRBA) Q1 Earnings Top Estimates
Zacks Investment Research· 2024-04-22 22:46
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 ...
First Bank Announces First Quarter 2024 Net Income of $12.5 Million
Newsfilter· 2024-04-22 20:37
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 ...
Is First Bank (FRBA) Stock Undervalued Right Now?
Zacks Investment Research· 2024-03-11 14:46
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 ...