First Net Tangible Assets from 2010 to 2026

FRBA Stock  USD 17.08  0.07  0.41%   
First Bank's Net Tangible Assets are increasing over the years with slightly volatile fluctuation. Net Tangible Assets are expected to dwindle to about 182.8 M. Net Tangible Assets is the total assets of First Bank minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2014-12-31
Previous Quarter
270.2 M
Current Value
274.9 M
Quarterly Volatility
60.4 M
 
Yuan Drop
 
Covid
 
Interest Hikes
Check First Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Bank's main balance sheet or income statement drivers, such as Interest Expense of 103.6 M, Selling General Administrative of 57.7 M or Total Revenue of 259.1 M, as well as many indicators such as Price To Sales Ratio of 2.66, Dividend Yield of 0.0102 or PTB Ratio of 0.75. First financial statements analysis is a perfect complement when working with First Bank Valuation or Volatility modules.
  
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Check out the analysis of First Bank Correlation against competitors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
Analyzing First Bank's Net Tangible Assets over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Tangible Assets has evolved provides context for assessing First Bank's current valuation and future prospects.

Latest First Bank's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of First Bank over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. First Bank's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Bank's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

First Net Tangible Assets Regression Statistics

Arithmetic Mean163,941,564
Geometric Mean137,657,246
Coefficient Of Variation55.47
Mean Deviation80,073,237
Median177,287,000
Standard Deviation90,946,067
Sample Variance8271.2T
Range246.3M
R-Value0.90
Mean Square Error1680.5T
R-Squared0.81
Slope16,204,236
Total Sum of Squares132339T

First Net Tangible Assets History

2026182.8 M
2025310.7 M
2022270.2 M
2021246.7 M
2020220.1 M
2019208.1 M
2018177.3 M

About First Bank Financial Statements

First Bank stakeholders use historical fundamental indicators, such as First Bank's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although First Bank investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Bank's assets and liabilities are reflected in the revenues and expenses on First Bank's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in First Bank. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets310.7 M182.8 M

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When determining whether First Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Bank Stock:
Check out the analysis of First Bank Correlation against competitors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Bank. Market participants price First higher when confident in its future expansion prospects. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive First Bank assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
0.194
Dividend Share
0.24
Earnings Share
1.66
Revenue Per Share
5.424
Quarterly Revenue Growth
0.004
First Bank's market price often diverges from its book value, the accounting figure shown on First's balance sheet. Smart investors calculate First Bank's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since First Bank's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between First Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.