First Resource Bank (FRSB) Raised to Buy at ValuEngine

ValuEngine upgraded shares of First Resource Bank (OTCMKTS:FRSB) from a hold rating to a buy rating in a report released on Thursday morning.

Shares of First Resource Bank (FRSB) opened at $10.25 on Thursday. The firm has a market cap of $21.53, a P/E ratio of 13.85 and a beta of 0.62. First Resource Bank has a 1-year low of $7.70 and a 1-year high of $10.75.

First Resource Bank (OTCMKTS:FRSB) last announced its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $0.18 earnings per share for the quarter. The business had revenue of $2.45 million during the quarter.

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About First Resource Bank

First Resource Bank provides personal and business banking products and services primarily in the southeastern area of Pennsylvania. The company offers interest checking and money market accounts, certificates of deposit, CDARS, home equity lines of credit, fixed payment home equity loans, residential construction loans, overdraft protection loans, and installment loans.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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