FB Bancorp, Inc. (NASDAQ:FBLA) Short Interest Update

FB Bancorp, Inc. (NASDAQ:FBLA) was the recipient of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 313,072 shares, a decrease of 19.4% from the January 29th total of 388,654 shares. Based on an average daily volume of 114,232 shares, the short-interest ratio is currently 2.7 days. Currently, 1.6% of the company’s shares are sold short. Currently, 1.6% of the company’s shares are sold short. Based on an average daily volume of 114,232 shares, the short-interest ratio is currently 2.7 days.

Analyst Ratings Changes

FBLA has been the subject of a number of recent analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of FB Bancorp in a research report on Monday, December 29th. Wall Street Zen raised 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 data from MarketBeat, FB Bancorp currently has an average rating of “Sell”.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in FBLA. Goldman Sachs Group Inc. lifted its holdings in FB Bancorp by 43.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 97,507 shares of the company’s stock valued at $1,098,000 after purchasing an additional 29,452 shares during the last quarter. Geode Capital Management LLC raised its position in shares of FB Bancorp by 109.5% in the second quarter. Geode Capital Management LLC now owns 434,736 shares of the company’s stock valued at $4,892,000 after purchasing an additional 227,274 shares during the period. Police & Firemen s Retirement System of New Jersey acquired a new stake in shares of FB Bancorp during the 2nd quarter worth about $60,000. JPMorgan Chase & Co. lifted its stake in shares of FB Bancorp by 127.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 66,668 shares of the company’s stock worth $750,000 after buying an additional 37,367 shares during the last quarter. Finally, Rhumbline Advisers bought a new stake in shares of FB Bancorp during the 2nd quarter worth about $192,000.

FB Bancorp Stock Up 0.1%

FBLA traded up $0.01 during trading on Wednesday, reaching $13.20. 77,035 shares of the stock were exchanged, compared to its average volume of 92,837. The stock has a market cap of $261.89 million, a P/E ratio of 88.00 and a beta of 0.09. FB Bancorp has a twelve month low of $9.81 and a twelve month high of $14.00. The stock’s 50 day moving average price is $13.12 and its two-hundred day moving average price is $12.55. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.98 and a current ratio of 1.03.

FB Bancorp (NASDAQ:FBLA) last issued its earnings results on Wednesday, February 18th. The company reported ($0.08) earnings per share (EPS) for the quarter. FB Bancorp had a negative net margin of 3.08% and a negative return on equity of 0.81%. The firm had revenue of $12.77 million during the 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.