First Bank (FRBA) Q2 2025 Earnings Call Transcript
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First Bank (NASDAQ: FRBA) management underscored stable net interest margin and strong core profitability, supported by disciplined expense control and a sustained low efficiency ratio. Capital ratios are described as robust and flexible, bolstered by the subordinated debt raise and upcoming repayment of older, higher-cost sub debt. Strategic expansion into new branch markets combined with a shift towards a higher proportion of noninterest-bearing deposits is cited as critical to future funding and cost management. Credit quality metrics remain above industry averages, with allowance and nonperforming ratios at conservative levels during the growth period in Q2 2025. Margin outlook is guided as stable, with management expressing confidence in their ability to control deposit costs regardless of Federal Reserve policy changes.
Source Fool.com
