Does Earnings Surprise History Hold Any Clue for Republic First Bancorp (NASDAQ:FRBK)

Earnings results for Republic First Bancorp (NASDAQ:FRBK)

Republic First Bancorp, Inc. is expected* to report earnings on 10/29/2020 before market open. The report will be for the fiscal Quarter ending Sep 2020. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.03. The reported EPS for the same quarter last year was $-0.03.

Republic First Bancorp last posted its earnings data on July 27th, 2020. The bank reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.06. The company earned $30.85 million during the quarter, compared to analyst estimates of $30.70 million. Republic First Bancorp has generated ($0.06) earnings per share over the last year. Republic First Bancorp has confirmed that its next quarterly earnings report will be published on Thursday, October 29th, 2020.

Analyst Opinion on Republic First Bancorp (NASDAQ:FRBK)

There is no enough data Analyst Ratings

There is not enough analysis data for Republic First Bancorp.

Dividend Strength: Republic First Bancorp (NASDAQ:FRBK)

Republic First Bancorp does not currently pay a dividend. Republic First Bancorp does not have a long track record of dividend growth.

Insiders buying/selling: Republic First Bancorp (NASDAQ:FRBK)

In the past three months, Republic First Bancorp insiders have bought 14.03% more of their company’s stock than they have sold. Specifically, they have bought $133,990.00 in company stock and sold $117,500.00 in company stock. Only 13.50% of the stock of Republic First Bancorp is held by insiders. 65.18% of the stock of Republic First Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Republic First Bancorp (NASDAQ:FRBK

Earnings for Republic First Bancorp are expected to decrease by -27.27% in the coming year, from $0.11 to $0.08 per share. The P/E ratio of Republic First Bancorp is -55.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Republic First Bancorp is -55.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Republic First Bancorp has a P/B Ratio of 0.52. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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