First Bank (FRBA) Fair Value 2026 — DCF & Multi-Method Analysis | EvidInvest | EvidInvest

FRBA — Fair Value Analysis

First Bank

Current: $18.79Fairly Valued

Fair Value Range

Bear Case (25th pct.)

$11.62

-38.2% vs price

Base Case (Median)

$20.43

8.7% vs price

Bull Case (75th pct.)

$23.22

23.6% vs price

$11.62$20.43$23.22

◇ = Current price | |Bear |Base | Bull

Method Breakdown

Method	Est. Value	vs Price	Weight
DCF (Discounted Cash Flow)	$2.80	-85.1%	High (40%)
PE Comparable	$20.43	8.7%	Medium (25%)
Graham Number	$26.00	38.4%	High (80%)

Interpretation

Based on 3 out of 8 methods, FRBA appears fairly valued at the current price of $18.79. The base case fair value of $20.43 implies 8.7% upside.

Bear/base/bull cases represent the 25th, 50th, and 75th percentile of available method estimates. This is not financial advice. Valuation is inherently uncertain.