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First Bank (First Bank) 5-Year Yield-on-Cost % : 4.58 (As of Apr. 25, 2024)


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What is First Bank 5-Year Yield-on-Cost %?

First Bank's yield on cost for the quarter that ended in Dec. 2023 was 4.58.


The historical rank and industry rank for First Bank's 5-Year Yield-on-Cost % or its related term are showing as below:

FRBA' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.34   Med: 2.51   Max: 6.04
Current: 4.58


During the past 9 years, First Bank's highest Yield on Cost was 6.04. The lowest was 0.34. And the median was 2.51.


FRBA's 5-Year Yield-on-Cost % is ranked worse than
54.56% of 1206 companies
in the Banks industry
Industry Median: 4.965 vs FRBA: 4.58

Competitive Comparison of First Bank's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, First Bank's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Bank's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where First Bank's 5-Year Yield-on-Cost % falls into.



First Bank 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of First Bank is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

First Bank  (NAS:FRBA) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


First Bank 5-Year Yield-on-Cost % Related Terms

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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