Earnings Preview: First Bank (FRBA) Q2 Earnings Expected to Decline

Company Overview - First Bank (FRBA) is anticipated to report a year-over-year decline in earnings of 8.5%, with expected earnings of $0.43 per share for the quarter ended June 2025, while revenues are projected to increase by 13.6% to $35.47 million [3][11] Earnings Expectations - The upcoming earnings report is scheduled for July 22, and the stock may experience upward movement if the reported numbers exceed expectations, whereas a miss could lead to a decline [2][3] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4] Earnings Surprise Prediction - The Most Accurate Estimate for First Bank is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.18%, suggesting a bearish outlook from analysts [11] - The Zacks Rank for First Bank is currently 3 (Hold), complicating predictions of an earnings beat [11] Historical Performance - In the last reported quarter, First Bank was expected to post earnings of $0.39 per share but delivered $0.37, resulting in a surprise of -5.13% [12] - Over the past four quarters, First Bank has beaten consensus EPS estimates two times [13] Industry Comparison - Washington Trust Bancorp (WASH), another player in the Zacks Banks - Northeast industry, is expected to report earnings of $0.63 per share, with revenues projected to rise by 11.8% to $53.92 million [17][18] - Washington Trust also has a Zacks Rank of 3 and an Earnings ESP of -10.64%, indicating a similar challenge in predicting an earnings beat [19]