FB Bancorp (NASDAQ:FBLA) Issues Earnings Results

FB Bancorp (NASDAQ:FBLAGet Free Report) released its earnings results on Thursday. The company reported $0.03 earnings per share for the quarter, Zacks reports. FB Bancorp had a return on equity of 0.97% and a net margin of 1.48%.

FB Bancorp Stock Up 0.6%

Shares of FBLA stock traded up $0.09 on Thursday, reaching $14.09. 80,671 shares of the company’s stock traded hands, compared to its average volume of 108,683. FB Bancorp has a 12-month low of $10.71 and a 12-month high of $14.25. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.95 and a current ratio of 0.95. The company has a market capitalization of $241.78 million and a P/E ratio of 201.29. The business’s 50 day moving average price is $13.73 and its two-hundred day moving average price is $13.16.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Russell Investments Group Ltd. acquired a new position in shares of FB Bancorp in the third quarter worth $44,000. New York State Common Retirement Fund purchased a new stake in shares of FB Bancorp during the second quarter worth $100,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of FB Bancorp during the second quarter worth $110,000. Raymond James Financial Inc. purchased a new stake in shares of FB Bancorp during the third quarter worth $120,000. Finally, XTX Topco Ltd purchased a new stake in shares of FB Bancorp during the fourth quarter worth $130,000.

Analyst Upgrades and Downgrades

FBLA has been the subject of a number of research analyst reports. Wall Street Zen downgraded FB Bancorp from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. Weiss Ratings upgraded FB Bancorp from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, FB Bancorp presently has a consensus rating of “Sell”.

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About FB Bancorp

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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.

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Earnings History for FB Bancorp (NASDAQ:FBLA)

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