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First Bank (First Bank) 3-Year Dividend Growth Rate

: 26.00% (As of Dec. 2023)
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First Bank's Dividends per Share for the three months ended in Dec. 2023 was $0.06.

The historical rank and industry rank for First Bank's 3-Year Dividend Growth Rate or its related term are showing as below:

FRBA' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 7.7   Med: 20.25   Max: 26
Current: 26

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.

FRBA's 3-Year Dividend Growth Rate is ranked better than
84.53% of 782 companies
in the Banks industry
Industry Median: 7.35 vs FRBA: 26.00

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

First Bank's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.13. As of today, First Bank's Dividend Yield % is 1.99%.

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


Competitive Comparison

For the Banks - Regional subindustry, First Bank's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution

For the Banks industry and Financial Services sector, First Bank's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where First Bank's 3-Year Dividend Growth Rate falls into.



First Bank 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


First Bank  (NAS:FRBA) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

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

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.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

First Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0602024-02-082024-02-092024-02-23Cash DividendquarterlyUSD:USD 1.000000
USD 0.0602023-11-092023-11-102023-11-24Cash DividendquarterlyUSD:USD 1.000000
USD 0.0602023-08-102023-08-112023-08-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.0602023-05-112023-05-122023-05-24Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

First Bank's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.24/12.13
=1.98 %

Current Share Price is $12.13.
First Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.24.

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

* 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 3-Year Dividend Growth Rate Related Terms>


First Bank (First Bank) Business Description

Industry
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