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First Bank (First Bank) Dividend Payout Ratio : 0.13 (As of Dec. 2023)


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What is First Bank Dividend Payout Ratio?

First Bank's dividend payout ratio for the months ended in Dec. 2023 was 0.13.

The historical rank and industry rank for First Bank's Dividend Payout Ratio or its related term are showing as below:

FRBA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.13   Max: 0.15
Current: 0.15


During the past 9 years, the highest Dividend Payout Ratio of First Bank was 0.15. The lowest was 0.08. And the median was 0.13.

FRBA's Dividend Payout Ratio is ranked better than
86.37% of 1086 companies
in the Banks industry
Industry Median: 0.35 vs FRBA: 0.15

As of today (2024-05-05), the Dividend Yield % of First Bank is 1.97%.

During the past 9 years, the highest Trailing Annual Dividend Yield of First Bank was 2.65%. The lowest was 0.15%. And the median was 1.10%.

First Bank's Dividends per Share for the months ended in Dec. 2023 was $0.06.

During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.90% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of First Bank was 26.00% per year. The lowest was 7.70% per year. And the median was 20.25% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


First Bank Dividend Payout Ratio Historical Data

The historical data trend for First Bank's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Bank Dividend Payout Ratio Chart

First Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only 0.14 0.12 0.08 0.13 0.15

First Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.16 0.17 0.14 0.13

Competitive Comparison of First Bank's Dividend Payout Ratio

For the Banks - Regional subindustry, First Bank's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Bank's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Bank's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where First Bank's Dividend Payout Ratio falls into.



First Bank Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

First Bank's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.24/ 1.64
=0.15

First Bank's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.06/ 0.47
=0.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Bank (NAS:FRBA) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


First Bank Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of First Bank's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


First Bank (First Bank) Business Description

Traded in Other Exchanges
N/A
Address
2465 Kuser Road, Hamilton, NJ, USA, 08690
First Bank is a full-service commercial bank, with an emphasis on providing personal and business financial services to individuals and small to mid-sized businesses in Gloucester, Atlantic and Camden Counties in New Jersey. The Bank provides its customers with a variety of financial services targeting all segments of the retail and corporate market. Its Business Banking offers commercial deposit accounts, business loans, online banking, cash management.
Executives
Terrance M Mccarthy director, officer: Senior EVP/COO 550 MONTGOMERY ST, SAN FRANCISCO CA 94111