First BankFRBA
About: First Bank is a full-service commercial bank, with an emphasis on providing personal and business financial services to individuals and small to mid-sized businesses. The Bank provides its customers with a variety of financial services targeting all segments of the retail and corporate market. Its Business Banking offers commercial deposit accounts, business loans, online banking, and cash management.
Employees: 288
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
83% more call options, than puts
Call options by funds: $11K | Put options by funds: $6K
80% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 20
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
4% more funds holding
Funds holding: 82 [Q1] → 85 (+3) [Q2]
0.42% more ownership
Funds ownership: 51.89% [Q1] → 52.31% (+0.42%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
7% less capital invested
Capital invested by funds: $181M [Q1] → $168M (-$12.3M) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Piper Sandler Justin Crowley 67% 1-year accuracy 4 / 6 met price target | 17%upside $18 | Overweight Maintained | 30 Jul 2024 |