FIRST BANK (Hamilton) reports results for the quarter ended June 30 - Earnings Summary

• FIRST BANK (Hamilton) FRBA reported quarterly adjusted earnings of 41 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 44 cents. The mean expectation of three analysts for the quarter was for earnings of 42 cents per share. Wall Street expected results to range from 41 cents to 43 cents per share.

• Revenue rose 11.4% to $34.01 million from a year ago; analysts expected $33.07 million.

• FIRST BANK (Hamilton)'s reported EPS for the quarter was 41 cents​.

• The company reported quarterly net income of $10.24 million.

• FIRST BANK (Hamilton) shares had risen by 0.4% this quarter and gained 10.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 4.1% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

• Wall Street's median 12-month price target for FIRST BANK (Hamilton) is $18.00, about 13.7% above its last closing price of $15.53

This summary was machine generated from LSEG data July 22 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)