FB Bancorp (NASDAQ:FBLA) Announces Earnings Results

FB Bancorp (NASDAQ:FBLA) posted its quarterly earnings data on Wednesday. The company reported $0.01 earnings per share for the quarter, FiscalAI reports. FB Bancorp had a net margin of 1.48% and a return on equity of 0.97%. The firm had revenue of $12.95 million for the quarter.

FB Bancorp Price Performance

Shares of NASDAQ FBLA opened at $14.03 on Thursday. The firm has a market capitalization of $240.75 million and a P/E ratio of 200.43. FB Bancorp has a one year low of $10.71 and a one year high of $14.25. The company’s fifty day moving average is $13.63 and its two-hundred day moving average is $13.07. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.95 and a current ratio of 0.95.

Institutional Investors Weigh In On FB Bancorp

Institutional investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. purchased a new stake in shares of FB Bancorp during the 3rd quarter worth $44,000. New York State Common Retirement Fund acquired a new position in shares of FB Bancorp during the 2nd quarter worth $100,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of FB Bancorp during the 2nd quarter worth $110,000. Raymond James Financial Inc. acquired a new position in shares of FB Bancorp during the 3rd quarter worth $120,000. Finally, XTX Topco Ltd acquired a new position in shares of FB Bancorp during the 4th quarter worth $130,000.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Wall Street Zen lowered shares of FB Bancorp from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. 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. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

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.