First Bank (FRBA) Tops Q2 EPS by 26c

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Go back to First Bank (FRBA) Tops Q2 EPS by 26c

First Bank Announces Second Quarter Net Income of $6.8 Million and EPS of $0.35

July 26, 2023 4:33 PM EDT

HAMILTON, N.J., July 26, 2023 (GLOBE NEWSWIRE) -- First Bank (Nasdaq Global Market: FRBA) (the Bank) today announced its second quarter 2023 financial results, achieving net income of $6.8 million, or $0.35 per diluted share, and maintaining solid returns on average assets, equity, and tangible equityi of 0.97%, 9.23%, and 9.87%, respectively. Excluding merger-related expenses, First Banks second quarter 2023 adjusted diluted earnings per shareii were... More