Group 1: Earnings Performance - First Bank reported quarterly earnings of $0.47 per share, exceeding the Zacks Consensus Estimate of $0.46 per share, and up from $0.34 per share a year ago, representing an earnings surprise of +2.17% [1] - The company posted revenues of $37.97 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 3.39%, compared to year-ago revenues of $32.57 million [2] - Over the last four quarters, First Bank has surpassed consensus EPS estimates two times and topped consensus revenue estimates four times [2] Group 2: Stock Performance and Outlook - First Bank shares have increased approximately 10.4% since the beginning of the year, while the S&P 500 has gained 14.5% [3] - The company's earnings outlook, including current consensus earnings expectations for upcoming quarters, will be crucial for investors [4] - The current consensus EPS estimate for the coming quarter is $0.48 on revenues of $37.57 million, and $1.71 on revenues of $144.67 million for the current fiscal year [7] Group 3: Industry Context - The Zacks Industry Rank for Banks - Northeast is currently in the top 29% of over 250 Zacks industries, indicating a favorable outlook for the sector [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5] - The estimate revisions trend for First Bank was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it will perform in line with the market [6]
First Bank (FRBA) Surpasses Q3 Earnings and Revenue Estimates