First Income Quality vs Roic Analysis

FRBA Stock

USD 14.62 0.20 1.35%

First Bank financial indicator trend analysis is much more than just examining First Bank latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Bank is a good investment. Please check the relationship between First Bank Income Quality and its Roic accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For information on how to trade First Stock refer to our How to Trade First Stock guide.

Income Quality vs Roic

Income Quality vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Bank Income Quality account and Roic. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between First Bank's Income Quality and Roic is -0.41. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Roic in the same time period over historical financial statements of First Bank, assuming nothing else is changed. The correlation between historical values of First Bank's Income Quality and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of First Bank are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Income Quality i.e., First Bank's Income Quality and Roic go up and down completely randomly.

Correlation Coefficient

-0.41

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Most indicators from First Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Bank current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For information on how to trade First Stock refer to our How to Trade First Stock guide.At present, First Bank's Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 12.53, whereas Selling General Administrative is forecasted to decline to about 18.4 M.

	2021	2022	2023	2024 (projected)
Gross Profit	89.6M	97.5M	173.2M	181.9M
Total Revenue	89.6M	97.5M	95.9M	53.5M

Gross Profit Total Revenue

First Bank fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Short Term Investments	Inventory	Total Liab	Common Stock	Property Plant Equipment	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Current Assets	Short Long Term Debt Total	Net Tangible Assets	Other Current Assets
Total Assets		1.0	0.67	-0.64	0.94	0.26	0.95	0.79	-0.31	1.0	0.87	0.92	0.72	0.91	0.33	0.97	0.7	0.85	0.83	0.87	0.69	0.93	0.05	0.85	0.9	0.09
Total Stockholder Equity	1.0		0.69	-0.63	0.92	0.29	0.94	0.79	-0.33	0.99	0.89	0.93	0.69	0.9	0.34	0.96	0.68	0.83	0.83	0.89	0.66	0.94	0.06	0.84	0.91	0.1
Other Liab	0.67	0.69		-0.53	0.62	0.57	0.54	0.81	-0.68	0.66	0.75	0.54	0.16	0.43	0.04	0.64	0.16	0.46	0.85	0.78	0.14	0.67	0.11	0.58	0.77	0.09
Accounts Payable	-0.64	-0.63	-0.53		-0.5	-0.48	-0.67	-0.73	0.33	-0.64	-0.66	-0.59	-0.25	-0.46	-0.51	-0.55	-0.16	-0.43	-0.69	-0.69	-0.13	-0.63	-0.49	-0.76	-0.65	-0.49
Cash	0.94	0.92	0.62	-0.5		0.02	0.86	0.7	-0.2	0.94	0.72	0.77	0.82	0.91	0.05	0.95	0.81	0.8	0.79	0.69	0.79	0.79	-0.11	0.72	0.78	-0.06
Other Assets	0.26	0.29	0.57	-0.48	0.02		0.22	0.65	-0.78	0.25	0.55	0.31	-0.48	-0.14	0.46	0.19	-0.47	0.08	0.53	0.62	-0.49	0.42	0.39	0.4	0.48	0.32
Long Term Debt	0.95	0.94	0.54	-0.67	0.86	0.22		0.68	-0.18	0.95	0.85	0.9	0.71	0.9	0.53	0.86	0.69	0.83	0.73	0.84	0.69	0.92	0.15	0.9	0.83	0.2
Short Term Investments	0.79	0.79	0.81	-0.73	0.7	0.65	0.68		-0.64	0.79	0.85	0.66	0.24	0.5	0.21	0.8	0.22	0.57	0.97	0.86	0.19	0.75	0.24	0.75	0.88	0.21
Inventory	-0.31	-0.33	-0.68	0.33	-0.2	-0.78	-0.18	-0.64		-0.31	-0.46	-0.38	0.35	0.06	-0.01	-0.34	0.36	0.03	-0.63	-0.53	0.38	-0.31	0.21	-0.29	-0.54	0.27
Total Liab	1.0	0.99	0.66	-0.64	0.94	0.25	0.95	0.79	-0.31		0.87	0.92	0.72	0.91	0.32	0.97	0.71	0.86	0.83	0.87	0.69	0.93	0.04	0.85	0.89	0.09
Common Stock	0.87	0.89	0.75	-0.66	0.72	0.55	0.85	0.85	-0.46	0.87		0.84	0.4	0.68	0.51	0.79	0.41	0.74	0.86	0.98	0.39	0.93	0.24	0.92	0.95	0.24
Property Plant Equipment	0.92	0.93	0.54	-0.59	0.77	0.31	0.9	0.66	-0.38	0.92	0.84		0.59	0.83	0.48	0.87	0.57	0.73	0.7	0.86	0.56	0.88	-0.07	0.82	0.87	-0.02
Total Current Liabilities	0.72	0.69	0.16	-0.25	0.82	-0.48	0.71	0.24	0.35	0.72	0.4	0.59		0.93	0.04	0.72	0.99	0.76	0.35	0.35	0.98	0.56	-0.13	0.5	0.44	-0.03
Property Plant And Equipment Net	0.91	0.9	0.43	-0.46	0.91	-0.14	0.9	0.5	0.06	0.91	0.68	0.83	0.93		0.25	0.88	0.91	0.86	0.58	0.66	0.9	0.81	-0.03	0.72	0.71	0.05
Net Debt	0.33	0.34	0.04	-0.51	0.05	0.46	0.53	0.21	-0.01	0.32	0.51	0.48	0.04	0.25		0.12	0.03	0.38	0.13	0.53	0.04	0.55	0.55	0.6	0.32	0.57
Retained Earnings	0.97	0.96	0.64	-0.55	0.95	0.19	0.86	0.8	-0.34	0.97	0.79	0.87	0.72	0.88	0.12		0.7	0.78	0.84	0.79	0.68	0.83	-0.09	0.74	0.88	-0.05
Non Current Assets Total	0.7	0.68	0.16	-0.16	0.81	-0.47	0.69	0.22	0.36	0.71	0.41	0.57	0.99	0.91	0.03	0.7		0.79	0.33	0.35	1.0	0.58	-0.15	0.47	0.43	-0.06
Non Currrent Assets Other	0.85	0.83	0.46	-0.43	0.8	0.08	0.83	0.57	0.03	0.86	0.74	0.73	0.76	0.86	0.38	0.78	0.79		0.59	0.73	0.78	0.86	0.19	0.73	0.64	0.25
Cash And Short Term Investments	0.83	0.83	0.85	-0.69	0.79	0.53	0.73	0.97	-0.63	0.83	0.86	0.7	0.35	0.58	0.13	0.84	0.33	0.59		0.86	0.3	0.76	0.08	0.8	0.92	0.07
Common Stock Shares Outstanding	0.87	0.89	0.78	-0.69	0.69	0.62	0.84	0.86	-0.53	0.87	0.98	0.86	0.35	0.66	0.53	0.79	0.35	0.73	0.86		0.33	0.93	0.25	0.9	0.94	0.26
Non Current Liabilities Total	0.69	0.66	0.14	-0.13	0.79	-0.49	0.69	0.19	0.38	0.69	0.39	0.56	0.98	0.9	0.04	0.68	1.0	0.78	0.3	0.33		0.57	-0.16	0.46	0.4	-0.06
Other Stockholder Equity	0.93	0.94	0.67	-0.63	0.79	0.42	0.92	0.75	-0.31	0.93	0.93	0.88	0.56	0.81	0.55	0.83	0.58	0.86	0.76	0.93	0.57		0.24	0.86	0.85	0.28
Total Current Assets	0.05	0.06	0.11	-0.49	-0.11	0.39	0.15	0.24	0.21	0.04	0.24	-0.07	-0.13	-0.03	0.55	-0.09	-0.15	0.19	0.08	0.25	-0.16	0.24		0.26	0.05	0.99
Short Long Term Debt Total	0.85	0.84	0.58	-0.76	0.72	0.4	0.9	0.75	-0.29	0.85	0.92	0.82	0.5	0.72	0.6	0.74	0.47	0.73	0.8	0.9	0.46	0.86	0.26		0.87	0.27
Net Tangible Assets	0.9	0.91	0.77	-0.65	0.78	0.48	0.83	0.88	-0.54	0.89	0.95	0.87	0.44	0.71	0.32	0.88	0.43	0.64	0.92	0.94	0.4	0.85	0.05	0.87		0.05
Other Current Assets	0.09	0.1	0.09	-0.49	-0.06	0.32	0.2	0.21	0.27	0.09	0.24	-0.02	-0.03	0.05	0.57	-0.05	-0.06	0.25	0.07	0.26	-0.06	0.28	0.99	0.27	0.05

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First Bank Account Relationship Matchups

First Bank fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	2.3B	2.5B	2.7B	3.6B	3.8B
Total Stockholder Equity	226.4M	238.1M	266.7M	289.6M	370.9M	389.4M
Other Liab	7.2M	5.3M	17.2M	6.7M	7.7M	5.3M
Accounts Payable	1.1M	561K	399K	1.2M	2.8M	2.7M
Cash	47.9M	99.8M	156.7M	113.6M	215.2M	225.9M
Other Assets	1.8B	2.0B	2.1B	2.3B	(731K)	(694.5K)
Long Term Debt	127.4M	190.6M	111.5M	120.7M	234.4M	246.1M
Short Term Investments	47.5M	61.7M	94.6M	99.0M	74.3M	56.0M
Inventory	(94.1M)	(107.2M)	(163.1M)	(135.4M)	24.7M	25.9M
Total Liab	1.8B	2.1B	2.2B	2.4B	3.2B	3.4B
Common Stock	101.9M	103.1M	103.7M	104.5M	134.6M	81.6M
Property Plant Equipment	20.1M	17.9M	9.9M	17.6M	20.2M	21.2M
Total Current Liabilities	1.1M	561K	399K	1.2M	507.4M	532.8M
Property Plant And Equipment Net	11.9M	10.7M	9.9M	10.6M	31.9M	33.4M
Net Debt	79.6M	90.8M	(45.2M)	7.0M	19.2M	29.7M
Retained Earnings	46.4M	63.4M	95.9M	127.5M	140.6M	147.6M
Non Current Assets Total	130.7M	134.6M	172.0M	184.5M	3.4B	3.5B
Non Currrent Assets Other	(10.7M)	(12.1M)	(11.4M)	(13.4M)	3.0B	3.2B
Cash And Short Term Investments	95.3M	161.6M	251.3M	212.6M	215.2M	124.7M
Common Stock Shares Outstanding	19.4M	20.0M	19.8M	19.7M	22.1M	15.8M
Non Current Liabilities Total	127.4M	190.6M	111.5M	1.2M	2.7B	2.9B
Other Stockholder Equity	78.1M	70.7M	67.2M	64.9M	101.5M	106.6M
Total Current Assets	100.2M	168.4M	256.9M	220.7M	243.7M	231.5M
Accumulated Other Comprehensive Income	27K	839K	(206K)	(7.3M)	(5.7M)	(5.4M)
Short Long Term Debt Total	127.4M	190.6M	111.5M	120.7M	234.4M	121.9M
Liabilities And Stockholders Equity	2.0B	2.3B	2.5B	2.7B	3.6B	1.9B
Net Tangible Assets	208.1M	220.1M	246.7M	270.2M	310.7M	182.8M
Other Current Assets	94.1M	107.2M	163.1M	135.4M	243.7M	398.2M
Long Term Investments	100.5M	105.8M	142.2M	154.5M	149.9M	127.6M
Short Term Debt	32.9M	20.4M	65.8M	70.3M	144.6M	151.9M
Intangible Assets	2.1M	1.7M	2.1M	1.6M	10.8M	11.4M
Other Current Liab	(1.1M)	(561K)	(399K)	(1.2M)	504.6M	529.8M
Net Receivables	4.8M	6.8M	5.7M	8.2M	14.8M	15.5M
Common Stock Total Equity	87.0M	93.1M	101.9M	103.1M	118.6M	89.7M
Property Plant And Equipment Gross	11.9M	10.7M	18.9M	20.8M	33.6M	35.3M
Current Deferred Revenue	(31.8M)	(19.3M)	(65.2M)	(69.0M)	(2.8M)	(3.0M)

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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.

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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:

How To Invest In First

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Is First Stock a good investment?

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What is First Bank's Net Worth?

Details

Largest Regional Banks Companies

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Largest Banks - Regional Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For information on how to trade First Stock refer to our How to Trade First Stock guide.

You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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.

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First Income Quality vs Roic Analysis

Income Quality vs Roic

Income Quality vs Roic Correlation Analysis

Correlation Coefficient

Income Quality

Roic

First Bank fundamental ratios Correlations

First Bank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Bank fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Non Current Assets Total
Total Liab	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Total Current Liabilities
Other Current Assets	+ 0.99	Total Current Assets

Inventory	- 0.78	Other Assets
Short Long Term Debt Total	- 0.76	Accounts Payable
Short Term Investments	- 0.73	Accounts Payable
Common Stock Shares Outstanding	- 0.69	Accounts Payable
Cash And Short Term Investments	- 0.69	Accounts Payable
Inventory	- 0.68	Other Liab