FB Bancorp (NASDAQ:FBLA) Posts Quarterly Earnings Results
by Jessica Moore · The Cerbat GemFB Bancorp (NASDAQ:FBLA – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.01 EPS for the quarter, FiscalAI reports. The firm had revenue of $12.95 million during the quarter. FB Bancorp had a net margin of 1.48% and a return on equity of 0.97%.
FB Bancorp Price Performance
Shares of FBLA stock traded down $0.04 during mid-day trading on Friday, hitting $14.14. 18,585 shares of the stock were exchanged, compared to its average volume of 123,406. FB Bancorp has a 52-week low of $10.71 and a 52-week high of $14.25. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.25. The company has a market cap of $242.64 million and a PE ratio of 202.00. The firm has a fifty day moving average of $13.65 and a 200 day moving average of $13.09.
Analyst Ratings Changes
FBLA has been the subject of several recent analyst reports. Weiss Ratings upgraded shares of FB Bancorp from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, May 1st. Wall Street Zen lowered shares of FB Bancorp from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, FB Bancorp has a consensus rating of “Sell”.
Get Our Latest Analysis on FBLA
Hedge Funds Weigh In On FB Bancorp
A number of hedge funds have recently bought and sold shares of the business. Geode Capital Management LLC grew its holdings in FB Bancorp by 109.5% in the second quarter. Geode Capital Management LLC now owns 434,736 shares of the company’s stock valued at $4,892,000 after purchasing an additional 227,274 shares during the period. Renaissance Technologies LLC grew its stake in FB Bancorp by 369.7% in the 4th quarter. Renaissance Technologies LLC now owns 202,900 shares of the company’s stock valued at $2,607,000 after acquiring an additional 159,700 shares during the period. Alliancebernstein L.P. raised its position in FB Bancorp by 18.4% during the third quarter. Alliancebernstein L.P. now owns 783,690 shares of the company’s stock worth $9,420,000 after acquiring an additional 121,780 shares during the period. Peapod Lane Capital LLC purchased a new position in FB Bancorp during the third quarter valued at $840,000. Finally, Dimensional Fund Advisors LP increased its stake in shares of FB Bancorp by 308.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 75,975 shares of the company’s stock worth $976,000 after purchasing an additional 57,379 shares in the last quarter.
FB Bancorp Company Profile
FB Bancorp Inc operates as a bank holding company for Fidelity Bank. The Company, through its subsidiaries, provides deposit accounts, mortgages, home equity and consumer loans, credit and debit cards, online and mobile banking, investments and other financial services. FB Bancorp Inc is based in New Orleans.