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First Bank Common Stock, also called First Bank, is a state-chartered bank, which offers personal banking and business banking services. Its personal banking solutions include deposit accounts, consumer loans, online banking and business banking services include commercial deposit accounts, business loans, online banking, cash management, and remote deposit capture. Read More The company was founded on April 23, 2007 and is headquartered in Hamilton, NJ.
Hamilton, New Jersey
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First Bank to acquire Grand Bank for $19.4M
First Bank (NASDAQ:FRBA) to acquire Grand Bank (OTC:GBYLY) in a stock transaction valued at ~$19.4M. The merger is expected to be completed in 3Q19. Following the merger, First Bank will have ~$1.9B in assets with 18 branches located in seven New Jersey counties and two eastern Pennsylvania counties. Each Grand Bank shareholders will receive 3,262.956 shares of First Bank common stock. First Bank expects to issue ~1.7M new shares of First Bank common stock to consummate this transaction. Source: Press ...
Yahoo FinanceMar 19
First Bank Announces Agreement to Acquire Grand Bank, N.A.
Merger Transaction Will Increase First Bank’s Scale Along with Deposit Market Share in its Home Base of Mercer County HAMILTON, N.J., March 19, 2019 (GLOBE NEWSWIRE) -- First Bank (Nasdaq Global Market: FRBA) and Grand Bank, N.A. announced today that they have entered into a definitive merger agreement pursuant to which First Bank will acquire Grand Bank in a stock transaction valued at approximately $19.4 million. The merger has been unanimously approved by the boards of directors of both institutions and...
Simply Wall StMar 7
What Type Of Shareholder Owns First Bank’s (NASDAQ:FRBA)?
If you want to know who really controls First Bank (NASDAQ:FRBA), then you’ll have to look at the makeup of its share registry. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. I quite like to see at least a little bit of insider ownership. As Charlie Munger said ‘Show me the incentive and I will show you the outcome.’ First Bank is a smaller company with a market capitalization of US$217m, so it may still be ...
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