FB Bancorp (NASDAQ:FBLA) Releases Earnings Results

FB Bancorp (NASDAQ:FBLA) posted its earnings results on Wednesday. The company reported ($0.08) EPS for the quarter, FiscalAI reports. The company had revenue of $12.77 million for the quarter. FB Bancorp had a negative return on equity of 0.81% and a negative net margin of 3.08%.

FB Bancorp Trading Down 0.6%

Shares of FBLA opened at $13.23 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.98 and a current ratio of 1.03. The company has a market cap of $262.48 million, a price-to-earnings ratio of 88.20 and a beta of 0.11. The stock has a fifty day moving average price of $13.10 and a two-hundred day moving average price of $12.43. FB Bancorp has a 52-week low of $9.81 and a 52-week high of $14.00.

Analysts Set New Price Targets

FBLA has been the subject of several recent analyst reports. Weiss Ratings reiterated a “sell (d)” rating on shares of FB Bancorp in a research note on Monday, December 29th. Wall Street Zen upgraded shares of FB Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, FB Bancorp presently has an average rating of “Sell”.

Institutional Trading of FB Bancorp

Hedge funds and other institutional investors have recently made changes to their positions in the business. Alliancebernstein L.P. lifted its position in FB Bancorp by 18.4% during the 3rd quarter. Alliancebernstein L.P. now owns 783,690 shares of the company’s stock worth $9,420,000 after buying an additional 121,780 shares in the last quarter. BlackBarn Capital Partners LP grew its holdings in FB Bancorp by 3.3% during the second quarter. BlackBarn Capital Partners LP now owns 624,700 shares of the company’s stock valued at $7,028,000 after purchasing an additional 20,000 shares during the period. Geode Capital Management LLC raised its holdings in FB Bancorp by 109.5% in the second quarter. Geode Capital Management LLC now owns 434,736 shares of the company’s stock worth $4,892,000 after purchasing an additional 227,274 shares during the period. M3F Inc. raised its holdings in shares of FB Bancorp by 2,610.9% in the second quarter. M3F Inc. now owns 313,730 shares of the company’s stock valued at $3,529,000 after purchasing an additional 302,157 shares during the last quarter. Finally, State Street Corp lifted its position in shares of FB Bancorp by 24.6% in the fourth quarter. State Street Corp now owns 252,889 shares of the company’s stock worth $3,250,000 after purchasing an additional 49,995 shares in the last quarter.

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.