First Return On Equity from 2010 to 2024

FRBA Stock  USD 14.69  0.07  0.48%   
First Bank's Return On Equity is increasing over the years with stable fluctuation. Overall, Return On Equity is expected to go to 0.06 this year. Return On Equity is a measure of the profitability of First Bank in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.05634133
Current Value
0.0616
Quarterly Volatility
0.02739865
 
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Yuan Drop
 
Covid
Check First Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Bank's main balance sheet or income statement drivers, such as Interest Expense of 73 M, Selling General Administrative of 18.4 M or Total Revenue of 53.5 M, as well as many indicators such as Price To Sales Ratio of 2.51, Dividend Yield of 0.0095 or PTB Ratio of 0.76. First financial statements analysis is a perfect complement when working with First Bank Valuation or Volatility modules.
  
Check out the analysis of First Bank Correlation against competitors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.

Latest First Bank's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of First Bank over the last few years. Return on Equity is the amount of First Bank net income returned as a percentage of First Bank equity. Return on equity measures First Bank profitability by revealing how much profit First Bank generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. First Bank's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Bank's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.1110 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

First Return On Equity Regression Statistics

Arithmetic Mean0.08
Geometric Mean0.07
Coefficient Of Variation35.68
Mean Deviation0.02
Median0.08
Standard Deviation0.03
Sample Variance0.0008
Range0.1003
R-Value0.17
Mean Square Error0.0008
R-Squared0.03
Significance0.54
Slope0
Total Sum of Squares0.01

First Return On Equity History

2024 0.0616
2023 0.0563
2021 0.13
2020 0.0817
2019 0.0594
2018 0.0903
2017 0.0428

About First Bank Financial Statements

First Bank stakeholders use historical fundamental indicators, such as First Bank's Return On Equity, to determine how well the company is positioned to perform in the future. Although First Bank investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Bank's assets and liabilities are reflected in the revenues and expenses on First Bank's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in First Bank. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.06  0.06 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether First Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Bank Stock:
Check out the analysis of First Bank Correlation against competitors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Bank. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.257
Dividend Share
0.24
Earnings Share
1.61
Revenue Per Share
4.921
Quarterly Revenue Growth
0.4
The market value of First Bank is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Bank's value that differs from its market value or its book value, called intrinsic value, which is First Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Bank's market value can be influenced by many factors that don't directly affect First Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.