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home / news releases / FRBA - First Bank: Modest Valuation Solid Profitability And Great Growth Prospects


FRBA - First Bank: Modest Valuation Solid Profitability And Great Growth Prospects

  • Improving loan growth trends are likely to fuel stronger future profitability levels.
  • Credit continues to a be a non-factor and the reserve level appears over funded.
  • The current valuation looks exceedingly cheap and could see material upside as already strong profitability levels continue to see improvement over the next year.

For further details see:

First Bank: Modest Valuation, Solid Profitability, And Great Growth Prospects
Stock Information

Company Name: First Bank
Stock Symbol: FRBA
Market: NASDAQ
Website: firstbanknj.com

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