First Bank (FRBA) Misses Q4 EPS by 1c

First Bank (NASDAQ: FRBA) reported Q4 EPS of $0.16, $0.01 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $8.4 million versus the consensus estimate of $7.67 million.

President and CEO Patrick Ryan comments "Despite our very strong loan generation during 2016, our asset quality metrics remained strong and stable at year end. We entered 2017 in a very good place with a strong competitive posture in our banking service area, growing brand awareness and improving operating efficiency. The loan pipeline at year end remained strong and we expect to see this activity reflected in our results in 2017. "

For earnings history and earnings-related data on First Bank (FRBA) click here.

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