First Bank (hamilton) Reports Results For The Quarter Ended In December: Earnings Summary

FIRST BANK (Hamilton)

24/01/2024 22:45

* FIRST BANK (Hamilton)  FRBA.OQ  reported quarterly
adjusted
earnings of 33 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 46 cents.  The mean expectation of
three analysts for the quarter was for earnings of 39 cents per
share. Wall Street expected results to range from 32 cents to 43
cents per share.
    * Revenue rose 23% to $31.00 million from a year ago;
analysts
expected $29.58 million. 
    * FIRST BANK (Hamilton)'s reported EPS for the quarter was
33
cents​.
    * The company reported quarterly net income of $8.38
million.
    * FIRST BANK (Hamilton) shares had fallen by 1.6% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 15.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "buy"

Wall Street's median 12-month price target for FIRST BANK
(Hamilton) is $16.00 
This summary was machine generated from LSEG data January 24 at
10:44 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.39           0.33           Missed
 Sep. 30 2023      0.26           0.42           Beat
 Jun. 30 2023      0.26           0.36           Beat
 Mar. 31 2023      0.44           0.38           Missed