First Bank Announces Fourth Quarter 2025 Net Income of $12.3 Million and Full Year Net Income of $43.7 Million
First Bank reported a net income of $12.3 million for Q4 2025 and $43.7 million for the full year 2025, showing growth compared to the previous year. The bank saw improvements in its net interest margin and efficiency ratio, alongside an increase in tangible book value per share. Despite elevated loan payoffs and some softness in the small business credit segment, the bank declared a 50% increase in its quarterly cash dividend and announced a new share repurchase program.
First Bank Announces Fourth Quarter 2025 Net Income of $12.3 Million and Full Year Net Income of $43.7 Million
First Bank reported a net income of $12.3 million for the fourth quarter of 2025, or $0.49 per diluted share, and a full-year net income of $43.7 million, or $1.74 per diluted share. The bank experienced strong net interest margin and operating efficiency, contributing to an 11.5% increase in tangible book value per share. Despite elevated loan payoffs and some credit quality challenges in small business lending, the bank declared a 50% increase in its quarterly cash dividend and announced a new share repurchase program.
First Bank Announces Fourth Quarter 2025 Net Income of $12.3 Million and Full Year Net Income of $43.7 Million
First Bank reported a net income of $12.3 million for the fourth quarter of 2025, an increase from $10.5 million in the same period of 2024, and a full-year net income of $43.7 million, up from $42.2 million in 2024. The bank saw improvements in net interest margin and operating efficiency, leading to a dividend increase. Loan and deposit growth were also noted, alongside detailed financial statements and performance ratios.
First Bank Schedules Conference Call to Discuss Fourth Quarter 2025 Financial Results
First Bank (NASDAQ Global Market: FRBA) has scheduled a conference call for January 27, 2026, at 9:00 a.m. Eastern Time to discuss its financial and operational results for the fourth quarter ending December 31, 2025. The results will be released after market close on January 26, 2026. Senior management, including the CEO and CFO, will present the results and answer investor questions; a replay will be available on the company's website.
First Bank Announces Fourth Quarter 2025 Earnings Conference Call
First Bank (Nasdaq Global Market: FRBA) has announced an earnings conference call for its fourth quarter ending December 31, 2025, scheduled for Tuesday, January 27, 2026, at 9:00 a.m. Eastern Time. Key executives including Patrick L. Ryan, Andrew L. Hibshman, Peter J. Cahill, and Darleen Gillespie will discuss the results, which will be released after market close on January 26, 2026. The call details and replay information are available on the company's website.
Mark Your Calendar: First Bank Q3 2025 Earnings Conference Call with CEO Ryan and Leadership Team
First Bank (NASDAQ: FRBA) has scheduled its Third Quarter 2025 Earnings Conference Call for Thursday, October 23, 2025, at 9:00 a.m. Eastern Time. The company will release its Q3 2025 results after market close on Wednesday, October 22, 2025. Key executives, including CEO Patrick L. Ryan, CFO Andrew L. Hibshman, Chief Lending Officer Peter J. Cahill, and Chief Retail Banking Officer Darleen Gillespie, will present, followed by a Q&A session.
First Bank Schedules Earnings Conference Call for Third Quarter 2025 Results
First Bank (Nasdaq Global Market: FRBA) has scheduled an earnings conference call for October 23, 2025, at 9:00 a.m. Eastern Time to discuss its financial and operational results for the third quarter ending September 30, 2025. Key executives will present the results, followed by a Q&A session. The financial results will be released after market close on October 22, 2025, and will be available on the company's website.
First Bank Announces Third Quarter 2025 Earnings Conference Call
First Bank (Nasdaq Global Market: FRBA) has announced its Third Quarter 2025 Earnings Conference Call scheduled for Thursday, October 23, 2025, at 9:00 a.m. Eastern Time. Key executives will discuss financial and operating performance for the quarter ending September 30, 2025, with results to be released after market close on October 22, 2025. The call will provide an overview of the company's performance, followed by investor questions.
Vacant bank in Hunterdon may become marijuana dispensary
Bless Wellness plans to open a second marijuana dispensary in Flemington, New Jersey, by renovating a vacant First Bank building. This will be the borough's second dispensary, as an ordinance limits the number to two. The project faced previous delays due to a lawsuit and zoning issues but has since been cleared to proceed.
First Bank: Strong Loan Growth Makes Shares Attractive (NASDAQ:FRBA)
First Bank (FRBA) is considered attractively valued due to strong loan and deposit growth, despite temporary debt costs impacting current earnings. The author anticipates easing funding pressures by Q4 which should improve net interest margin and returns, leading to a 16% upside to $17+. The company maintains robust credit quality and solid capitalization, making it an appealing investment in a challenging sector.
First Bank Completes $35 Million Subordinated Debt Offering to Enhance Capital Base
First Bank has successfully completed a private placement of $35 million in fixed-to-floating rate subordinated notes to enhance its capital base and redeem existing debt at a lower interest rate, avoiding share dilution. The notes mature in 2035, qualify as Tier 2 capital, and can be redeemed after June 30, 2030, offering financial flexibility and a cost-effective capital strategy. Piper Sandler & Co. acted as the sole placement agent for the offering.
First Bank CEO: Small banks will need more deposits before lending can take off
Patrick Ryan, CEO of First Bank, suggests that smaller banks will need to attract significantly more deposits to support desired lending growth, especially if loan demand increases. He notes that much money has moved out of the banking sector into bond and money market funds due to the inverted yield curve, making deposit acquisition increasingly competitive. First Bank operates at about a 100% loan-to-deposit ratio and is pursuing niche lending and acquisitions to aid its growth, anticipating community bank M&A may shift towards partnerships over high premiums.
First Bank Expands with New Branches in Media, PA, and Trenton, NJ
First Bank is expanding its presence by opening new branches in Media, Pennsylvania, and Trenton, New Jersey, following its acquisition of Malvern Bancorp. These strategic locations aim to strengthen its reach in southeastern Pennsylvania and Mercer County, New Jersey. Despite market challenges like flat loan and deposit growth, CEO Patrick Ryan emphasizes a commitment to personalized banking and community relationships, while continuing to pursue a growth strategy that includes selective acquisitions and optimizing its loan portfolio.
First Bank To Expand in New Jersey and Pennsylvania
First Bank is set to open new branches in Trenton, N.J., and Media, Pa., this fall to enhance convenience and service for various customer segments. This expansion reinforces the bank's commitment to community banking, focusing on personalized service and supporting small businesses and entrepreneurs. The bank also recently launched a specialty financing group and reported $3.62 billion in assets.
First Bank
First Bank, a New Jersey state-chartered bank with $2.63 billion in assets, operates 18 branches across New Jersey and Pennsylvania, offering a full range of deposit and loan products. The article highlights the bank's focus on real estate lending, particularly for developers and investors in multifamily, office, retail, industrial, hotels, and medical buildings, with a long-term relationship-based approach. It also discusses their outlook for 2023, predicting growth in the industrial and multifamily sectors, and shares examples of their creative solutions for clients.
First Bank to acquire Malvern Bank, expanding presence in N.J. and eastern Pa.
First Bank announced a definitive merger agreement to acquire Malvern Bancorp for approximately $149.5 million. This acquisition will expand First Bank's market presence in eastern Pennsylvania, New Jersey, and Florida, increasing its assets to approximately $3.68 billion. The transaction is expected to be significantly accretive to First Bank's earnings per share and is anticipated to close in the second quarter of 2023.
N.J.’s First Bank agreed to buy Chester County’s Malvern Bank, and expects to cut expenses by $10 million a year
First Bank has agreed to acquire Malvern Bancorp for $149.5 million in cash and stock, a deal that values Malvern at $19.63 per share. The acquisition is expected to result in $10 million in annual expense reductions for First Bank, which plans to integrate Malvern's assets, primarily in Chester County, with its existing network. Malvern Bank's CEO, Anthony Weagley, expressed enthusiasm for combining with a "financially strong" bank.
LIDL Supermarket Proposed For Williamstown. Black Horse Pike and Lake Ave (Behind First Bank)
A LIDL grocery store is proposed for Williamstown, New Jersey, located on the Black Horse Pike at Lake Ave, behind the existing First Bank. The planning board meeting for this development is scheduled for February 25, 2021. This proposal is part of Lidl's "second wave" expansion in the US, focusing on smaller store formats and new locations after initial real estate challenges.
First Bank Completes Acquisition of Grand Bank
First Bank announced the completion of its merger with Grand Bank, N.A. on September 30, 2019, expanding its presence in Mercer County with two new locations. The combined institution now boasts over $2.0 billion in assets and more than $1.6 billion in deposits. Peter Pantages, former chairman and CEO of Grand Bank, will join First Bank's board of directors to help maintain a focus on relationship banking.
Kathryn Rosa joins Highlands State Bank as senior V.P.
Kathryn Rosa has joined Highlands State Bank as senior vice president, compliance and BSA officer. In her new role, Rosa will be responsible for ensuring regulatory compliance with banking laws, including the Bank Secrecy Act. She brings extensive banking experience from previous positions at Skylands Community Bank and First Bank.
First Bank CEO Pat Ryan Named "Young Professional" of the Year by Robert Wood Johnson University Hospital Young Professionals
First Bank CEO Patrick L. Ryan has been named "Young Professional of the Year" by the Robert Wood Johnson University Hospital Young Professionals (RWJUH YP). Ryan was honored for his significant community involvement, including his role in leading the RWJUH YP's $200,000 commitment to the H. H. Tuchman Pediatric Department at RWJ Hamilton. First Bank, under Ryan's leadership, has $731 million in assets as of March 31, 2015, and offers deposit and loan products across the New York City to Philadelphia corridor.
First Bank Expands into Bucks County
First Bank has opened its 10th branch and first Pennsylvania location in Trevose, Bucks County, as part of its steady growth strategy. The new branch offers a full range of deposit and loan products and aims to build strong community relationships by providing personalized service and traditional community banking. This expansion marks First Bank's commitment to the Bucks County area, which they describe as a vibrant business community.
