FB Bancorp (NASDAQ:FBLA) Announces Quarterly Earnings Results

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

FB Bancorp Stock Performance

NASDAQ FBLA traded up $0.04 during trading hours on Wednesday, reaching $14.03. The stock had a trading volume of 116,667 shares, compared to its average volume of 123,929. The stock has a fifty day moving average of $13.63 and a 200 day moving average of $13.07. The stock has a market cap of $240.75 million and a P/E ratio of 200.43. FB Bancorp has a 52-week low of $10.71 and a 52-week 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.

Wall Street Analyst Weigh In

FBLA has been the subject of several recent analyst reports. Weiss Ratings raised shares of FB Bancorp from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, May 1st. Wall Street Zen downgraded FB Bancorp from a “hold” rating to a “sell” rating in a report on Saturday, March 28th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Institutional Investors Weigh In On FB Bancorp

A number of large investors have recently bought and sold shares of the company. XTX Topco Ltd purchased a new stake in FB Bancorp in the fourth quarter valued at approximately $130,000. Occudo Quantitative Strategies LP purchased a new stake in FB Bancorp in the fourth quarter valued at approximately $223,000. Odyssean LLC purchased a new stake in FB Bancorp in the fourth quarter valued at approximately $240,000. Schonfeld Strategic Advisors LLC boosted its position in FB Bancorp by 5.3% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 20,993 shares of the company’s stock valued at $270,000 after buying an additional 1,050 shares during the last quarter. Finally, AQR Capital Management LLC purchased a new stake in FB Bancorp in the fourth quarter valued at approximately $134,000.

About FB Bancorp

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.