FB Bancorp (NASDAQ:FBLA) Posts Earnings Results

FB Bancorp (NASDAQ:FBLA) issued its quarterly earnings results on Tuesday. The company reported $0.05 earnings per share (EPS) for the quarter, Zacks reports. FB Bancorp had a return on equity of 0.93% and a net margin of 0.83%.

FB Bancorp Stock Down 0.2%

Shares of NASDAQ FBLA opened at $15.63 on Wednesday. The company has a market cap of $252.60 million, a price-to-earnings ratio of 390.85 and a beta of -0.08. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.32. FB Bancorp has a 12 month low of $11.22 and a 12 month high of $15.79. The stock has a 50-day moving average price of $14.72 and a two-hundred day moving average price of $13.92.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded FB Bancorp from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, May 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Institutional Investors Weigh In On FB Bancorp

Several hedge funds and other institutional investors have recently made changes to their positions in FBLA. Russell Investments Group Ltd. acquired a new position in FB Bancorp during the 3rd quarter worth approximately $44,000. New York State Common Retirement Fund bought a new stake in shares of FB Bancorp during the second quarter worth $100,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of FB Bancorp during the second quarter worth $110,000. Raymond James Financial Inc. acquired a new position in shares of FB Bancorp during the third quarter worth $120,000. Finally, XTX Topco Ltd acquired a new position in shares of FB Bancorp during the fourth quarter worth $130,000.

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.