FB Bancorp (NASDAQ:FBLA) Releases Earnings Results

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

FB Bancorp Price Performance

Shares of NASDAQ FBLA traded up $0.09 during mid-day trading on Thursday, reaching $14.09. The company had a trading volume of 80,671 shares, compared to its average volume of 108,683. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.25. The stock has a market cap of $241.78 million and a PE ratio of 201.29. The company has a 50-day moving average price of $13.73 and a two-hundred day moving average price of $13.16. FB Bancorp has a 1-year low of $10.71 and a 1-year high of $14.25.

Analysts Set New Price Targets

A number of brokerages recently issued reports on FBLA. Weiss Ratings upgraded FB Bancorp from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, May 1st. Wall Street Zen cut 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 has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. XTX Topco Ltd purchased a new position in shares of FB Bancorp during the fourth quarter valued at $130,000. Occudo Quantitative Strategies LP purchased a new position in shares of FB Bancorp during the fourth quarter valued at $223,000. Odyssean LLC purchased a new position in shares of FB Bancorp during the fourth quarter valued at $240,000. Schonfeld Strategic Advisors LLC grew its holdings in shares of FB Bancorp by 5.3% during 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 in the last quarter. Finally, AQR Capital Management LLC purchased a new position in shares of FB Bancorp during the fourth quarter valued at $134,000.

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.