Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Republic First Bancorp (NASDAQ:FRBK) Share Price

Media headlines about Republic First Bancorp (NASDAQ:FRBK) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Republic First Bancorp earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 46.2882528697273 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Several analysts recently weighed in on FRBK shares. BidaskClub raised Republic First Bancorp from a “sell” rating to a “hold” rating in a report on Wednesday, August 9th. Keefe, Bruyette & Woods set a $9.00 target price on Republic First Bancorp and gave the company a “hold” rating in a report on Sunday, July 23rd.

Republic First Bancorp (FRBK) opened at $8.80 on Wednesday. The company has a current ratio of 0.65, a quick ratio of 0.63 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $495.81, a P/E ratio of 62.14 and a beta of 1.06. Republic First Bancorp has a 52-week low of $4.40 and a 52-week high of $9.90.

Republic First Bancorp (NASDAQ:FRBK) last released its earnings results on Monday, October 23rd. The bank reported $0.04 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.04. Republic First Bancorp had a return on equity of 3.48% and a net margin of 8.97%. The firm had revenue of $21.49 million during the quarter.

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About Republic First Bancorp

Republic First Bancorp, Inc is a holding company for Republic First Bank (Republic or the Bank), which does business under the name Republic Bank. The Company’s community banking segment encompasses the commercial loan and deposit activities of Republic, as well as consumer loan products in the areas surrounding its store network.

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