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First BankFRBACompetitor analysis, valuation and peers

United States · USD·Financials›Regional Banks
Momentum leader 85
Mkt cap
$488M
US dollars, full cap
Free float
90%
of shares outstanding
$/day
$2.47M
20-day average traded
P/B
1.06×
price to book
ROE
9.6%
delivered
Implied ROE
7.8%
what the price asks
Next earnings
82 days
27 Jan 2027
Close · USD$19.70
1D-1.1%
1W+1.4%
1M+11.3%
3M+6.3%
6M+29.8%
YTD+19.7%
1Y+23.9%
ATR %3.0%
Beta0.28
52w lowhigh7.5% off high

What First Bank does

Employees: 336

First Bank at a glance

Size First Bank (FRBA) is a United States Financials company (Regional Banks) with a market value of $488M, the 2716th largest of 3,117 United States companies the cockpit tracks. Shares closed at $19.70 on 6 Nov 2026.

Performance Over six months the shares gained 29.8%, against +12.2% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd highest of 20 in its peer set.

Growth Revenue grew 1.4% over the last twelve months (peer median +2.7%); the operating margin is 37.5% (peer median 35.8%).

Valuation It trades at 1.06× book value against a peer median of 1.41× (6th cheapest of 21).

Price implies The share price implies a return on equity of about 7.8%; First Bank delivers 9.6%, so the price asks less than the business earns today.

Short interest Short interest is 1.3% of the free float (15 Oct 2026).

Next results Next results expected around 27 Jan 2027 (exchange calendar; dates can move).

Relative performance

10012014011 May 202611 Aug 20266 Nov 2026FRBA 132Peer median 113
Six months, rebased to 100: First Bank against the median of its 20 peers (local-currency closes).

First Bank financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$244M$247M$228M$173M$112M
Revenue growth—+8%+32%+55%—
Net income$43.0M$43.7M$42.2M$20.9M$36.3M
Free cash flown/a$62.7M$24.7M$141M$35.0M
Capital expendituren/a$2.90M$2.91M$3.12M$1.91M
Total debt$186M$286M$287M$245M$128M

Quarterly statements and history in the cockpit →

First Bank competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%-20%0%DABHBCPDJURFMAOCZNC2139BMRCJSFBPBFSNRIM8550OBTCBKGLKBNNPBPLBCFRBA6-month return →1-month return →
Up and to the right = strong over both horizons. First Bank is the large dot.

Fundamentals: return on equity against price-to-book

5%10%15%0.50×10×1.50×DABPBAMHBCPDJURFMAOCZNC2139BMRCMORROWWTBAJSFBPBFSNRIM8550OBTCBKBSRRGLKBNNPBPLBCFRBAReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. First Bank is the large dot.

Capital: ROE delivered against the ROE the price implies

5%10%15%5%10%15%DABPBAMHBCPDJURFMAOCZNC2139BMRCMORROWWTBAJSFBPBFSNRIM8550OBTCBKBSRRGLKBNNPBPLBCFRBAROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. First Bank is the large dot.

First Bank competitors and peer comparison

How First Bank compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

First Bank against its 20 peers (data as of 6 Nov 2026)
MeasureFRBAPeer medianRank in peer set
1-month return+11.3%+3.9%highest of 21
6-month return+29.8%+12.2%3rd highest of 20
Return on equity9.6%11.4%7th lowest of 21
Price / book1.06×1.41×6th cheapest of 21
Trailing P/E11.4×10.7×7th most expensive of 19
ROE the price implies7.8%8.6%9th least demanding of 21
ROE delivered9.6%11.4%7th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
First Bank FRBAUnited States$488M+30%+1%10%1.06×7.8%9.6%
Danske Andelskassers Bank A/S DAB.CODenmark$484M-8%-7%8%1.10×4.8%7.7%
Private Bancorp of America PBAMUnited States$484Mn/a+4%17%1.66×8.6%16.8%
Home Bancorp HBCPUnited States$480M-5%+1%10%1.06×7.7%10.2%
Djurslands Bank A/S DJUR.CODenmark$478M+27%+2%15%1.58×5.9%14.6%
Farmers & Merchants Bancorp FMAOUnited States$500M+31%+7%11%1.29×10.3%11.3%
Citizens & Northern CZNCUnited States$501M+29%+25%11%1.46×8.5%11.0%
Bank of Gansu 2139.HKHong Kong$467M-40%-4%2%0.10×3.2%1.8%
Bank of Marin Bancorp BMRCUnited States$462M+9%-19%-3%1.22×10.2%-2.9%
Morrow Bank MORROW.STSweden$518M+30%+4%11%1.57×5.7%11.4%
West Bancorporation WTBAUnited States$520M+27%0%15%1.92×13.1%15.5%
Jana Small Finance Bank JSFB.NSIndia$457M-13%+18%10%0.88×15.2%10.3%
Pioneer Bancorp PBFSUnited States$456M+26%+18%4%1.38×8.6%4.0%
Northrim BanCorp NRIMUnited States$523M-5%+3%17%1.47×12.6%16.6%
Tochigi Bank 8550.TJapan$527M-17%+26%5%0.50×5.9%5.4%
Orange County Bancorp OBTUnited States$530M+14%+3%17%1.71×9.6%17.2%
Commercial Bancgroup CBKUnited States$448M+12%-1%15%1.44×9.2%14.6%
Sierra Bancorp BSRRUnited States$537M+9%-1%14%1.48×11.4%14.0%
Glarner Kantonalbank GLKBN.SWSwitzerland$442M+19%-16%6%0.81×2.1%5.8%
Northpointe Bancshares NPBUnited States$545M-11%+14%13%0.87×5.9%13.1%
Plumas Bancorp PLBCUnited States$435M+20%+24%17%1.65×10.7%16.6%

Questions

Which companies are First Bank's closest peers?
The cockpit's peer set: Danske Andelskassers Bank A/S (DAB.CO), Private Bancorp of America (PBAM), Home Bancorp (HBCP), Djurslands Bank A/S (DJUR.CO), Farmers & Merchants Bancorp (FMAO), Citizens & Northern (CZNC), Bank of Gansu (2139.HK), Bank of Marin Bancorp (BMRC).
Is First Bank expensive compared with its peers?
On price / book it trades at 1.06× against a peer median of 1.41×, 6th cheapest of 21 in its peer set. The share price implies a return on equity of about 7.8%; First Bank delivers 9.6%, so the price asks less than the business earns today.
How has First Bank stock performed?
Over six months to 6 Nov 2026 the shares returned +29.8% against +12.2% for the median peer; over one year +23.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.