FRBA

MKT CAP:$414M

First Bank

Market Cap

$414M

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$16.75+$0.59 (+3.65%)

Apr 22, 2026

Company Details

First Bank provides various banking products and services to individuals, businesses, and governmental entities. The company accepts various deposits, including non-interest bearing demand deposits, interest bearing demand accounts, money m...

CEO

Patrick L. Ryan

IPO Date

Oct 15, 2010

Website

www.firstbanknj.com

Key Metrics TTM

Revenue

$248M

+8.0% YoY

Net Income

$44M

EPS (Diluted)

$1.74

Free Cash Flow

$63M

Revenue / Share

$9.92

Gross Margin

55.4%

Operating Margin

23.1%

Net Margin

17.6%

FCF Margin

25.3%

P/S

1.7x

P/E

9.5x

Earnings Reports

Q1 2026

Apr 27, 2026

PENDING

FY 2025

Dec 30, 2025

$247M+7.6%EPS $1.74

Q4 2025

Dec 30, 2025

$65M+9.4%EPS $0.49

Q3 2025

Sep 29, 2025

$64M+8.4%EPS $0.47

Q2 2025

Jun 29, 2025

$62M+10.0%EPS $0.41

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$24M	$22M	$11M
Q2 22	$26M	$23M	$12M
Q3 22	$29M	$25M	$14M
Q4 22	$33M	$24M	$12M
Q1 23	$35M	$23M	$9M
Q2 23	$38M	$23M	$9M
Q3 23	$50M	$22M	-$1M
Q4 23	$50M	$28M	$10M
Q1 24	$56M	$33M	$15M
Q2 24	$56M	$31M	$13M
Q3 24	$59M	$31M	$12M
Q4 24	$59M	$34M	$14M
Q1 25	$58M	$33M	$12M
Q2 25	$62M	$34M	$13M
Q3 25	$64M	$35M	$15M
Q4 25	$65M	$36M	$17M

Valuation

Quarter	P/S	P/E
Q1 22	4.2x	12.2x
Q2 22	4.1x	12.2x
Q3 22	4.0x	11.8x
Q4 22	3.7x	11.4x
Q1 23	3.4x	11.8x
Q2 23	3.1x	12.5x
Q3 23	2.7x	19.2x
Q4 23	2.4x	19.8x
Q1 24	2.1x	15.7x
Q2 24	2.0x	13.5x
Q3 24	1.9x	10.3x
Q4 24	1.8x	9.8x
Q1 25	1.8x	10.6x
Q2 25	1.7x	10.8x
Q3 25	1.7x	9.9x
Q4 25	1.7x	9.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$7M	$7M
Q2 22	$9M	$8M
Q3 22	$16M	$16M
Q4 22	$5M	$4M
Q1 23	$9M	$8M
Q2 23	$7M	$6M
Q3 23	$89M	$88M
Q4 23	$39M	$38M
Q1 24	$10M	$10M
Q2 24	$30M	$30M
Q3 24	-$1M	-$2M
Q4 24	-$11M	-$13M
Q1 25	$20M	$20M
Q2 25	$11M	$10M
Q3 25	$17M	$16M
Q4 25	$17M	$16M

Capital Expenditures

Quarter	CapEx
Q1 22	$167.0K
Q2 22	$588.0K
Q3 22	$401.0K
Q4 22	$751.0K
Q1 23	$1M
Q2 23	$511.0K
Q3 23	$562.0K
Q4 23	$747.0K
Q1 24	$350.0K
Q2 24	$570.0K
Q3 24	$409.0K
Q4 24	$2M
Q1 25	$545.0K
Q2 25	$881.0K
Q3 25	$931.0K
Q4 25	$547.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	-4.0%	+8.9%
Q2 22	+9.0%	+18.3%
Q3 22	+16.6%	+20.0%
Q4 22	+33.3%	+44.2%
Q1 23	+44.8%	+91.2%
Q2 23	+44.5%	+98.3%
Q3 23	+73.1%	+234.4%
Q4 23	+52.2%	+90.1%
Q1 24	+58.8%	+56.4%
Q2 24	+47.8%	+48.1%
Q3 24	+17.0%	-10.0%
Q4 24	+17.6%	+12.0%
Q1 25	+4.0%	+13.0%
Q2 25	+10.0%	+12.9%
Q3 25	+8.4%	+4.3%
Q4 25	+9.4%	+7.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$273.0K	1.1%
Q2 22	$314.0K	1.2%
Q3 22	$320.0K	1.1%
Q4 22	$314.0K	1.0%
Q1 23	$357.0K	1.0%
Q2 23	$412.0K	1.1%
Q3 23	$424.0K	0.8%
Q4 23	$431.0K	0.9%
Q1 24	$484.0K	0.9%
Q2 24	$529.0K	0.9%
Q3 24	$531.0K	0.9%
Q4 24	$504.0K	0.9%
Q1 25	$554.0K	1.0%
Q2 25	$515.0K	0.8%
Q3 25	$519.0K	0.8%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q1 22	$7M	$164.0K
Q2 22	$7M	$177.0K
Q3 22	$7M	$164.0K
Q4 22	$6M	$177.0K
Q1 23	$8M	$240.0K
Q2 23	$8M	$233.0K
Q3 23	$10M	$220.0K
Q4 23	$10M	$468.0K
Q1 24	$11M	$296.0K
Q2 24	$10M	$377.0K
Q3 24	$11M	$310.0K
Q4 24	$11M	$372.0K
Q1 25	$12M	$399.0K
Q2 25	$12M	$503.0K
Q3 25	$12M	$370.0K
Q4 25	$13M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$184M	$87M	$271M
Q2 22	$90M	$97M	$187M
Q3 22	$84M	$98M	$182M
Q4 22	$114M	$99M	$213M
Q1 23	$150M	$92M	$242M
Q2 23	$170M	$86M	$256M
Q3 23	$160M	$88M	$248M
Q4 23	$215M	$94M	$309M
Q1 24	$214M	$95M	$309M
Q2 24	$227M	$97M	$324M
Q3 24	$304M	$75M	$378M
Q4 24	$258M	$68M	$326M
Q1 25	$277M	$74M	$351M
Q2 25	$336M	$71M	$407M
Q3 25	$311M	$76M	$387M
Q4 25	$302M	$97M	$400M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	20M	-0.4%	-0.3%
Q2 22	20M	+0.1%	-0.4%
Q3 22	20M	-0.6%	-0.9%
Q4 22	20M	-0.1%	-1.0%
Q1 23	20M	+0.1%	-0.5%
Q2 23	19M	-1.2%	-1.8%
Q3 23	24M	+23.0%	+21.5%
Q4 23	25M	+5.0%	+27.7%
Q1 24	25M	+0.4%	+28.1%
Q2 24	25M	+0.2%	+30.0%
Q3 24	25M	+0.3%	+6.0%
Q4 24	25M	-0.1%	+0.9%
Q1 25	25M	-0.2%	+0.3%
Q2 25	25M	-0.1%	-0.1%
Q3 25	25M	-0.5%	-0.9%
Q4 25	25M	-0.6%	-1.4%

Shares Outstanding