First Bank (NASDAQ: FRBA) shares traded at $17.12 today, representing an intraday movement of -2.06% from the previous close of $17.48. The stock reached a day high of $17.13 and a day low of $16.87 during the Tuesday session.
Market Capitalization
The company’s market capitalization stands at approximately $421.50 million.
Latest Quarterly Results
First Bank reported consolidated revenue of $38.46 million for the quarter ended December 31, 2025, a 13.9% increase compared to $33.77 million in the year-ago period. Net income for the quarter reached $12.3 million, up 17.1% from $10.5 million in the fourth quarter of 2024.
Segment and operational performance for the fourth quarter included:
- Net Interest Margin: Increased to 3.71% from 3.48% in the prior-year quarter.
- Efficiency Ratio: Reported at 51.81%, maintaining a level below 60% for 26 consecutive quarters.
- Asset Quality: Nonperforming assets to total assets were 0.36%.
- Capital Ratios: Common Equity Tier 1 (CET1) capital ratio stood at 10.67%.
Financial Trends
Full-Year Results Context
For the full year 2025, First Bank reported net income of $43.7 million, compared to $35.6 million in 2024, indicating a directional trend of annual growth. Total assets increased to $4.03 billion as of December 31, 2025, up from $3.78 billion at the end of the previous fiscal year.
Business & Operations Update
The bank continued its transition toward middle-market commercial banking. The loan mix shifted, with Commercial & Industrial (C&I) and owner-occupied commercial real estate accounting for 42.2% of total loans. The bank also reported a reduction in the investor commercial real estate-to-capital ratio to 370% from previous levels exceeding 400%.
M&A or Strategic Moves
On January 5, 2026, the bank announced the scheduled discussion of its financial and operating performance via a conference call following the release of these results. No other major merger or acquisition transactions involving FRBA were disclosed during the fourth quarter.
Equity Analyst Commentary
Institutional researchers noted that the earnings per share of $0.49 were in line with consensus estimates. Industry experts reported that the bank’s tangible book value per share rose to $15.81, while internal benchmarks for total risk-based capital remain targeted at approximately 11.5%.
Guidance & Outlook
Management has not issued specific quantitative revenue or profit guidance for fiscal year 2026. Factors to watch include the continued management of net interest margins in a changing rate environment and the execution of the bank’s commercial lending pipeline, which stood at $283 million at the start of the current period.
Performance Summary
First Bank shares declined 2.06% today. The company reported quarterly net income of $12.3 million on revenue of $38.46 million. Full-year profits reached $43.7 million as the bank maintained an efficiency ratio below 60%. Segment signals indicate a shift toward commercial lending and core margin expansion.