First Resource Bank (FRSB) AI Stock Analysis

8 Followers

First Resource Bank

(Other OTC:FRSB)

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Rating:80Outperform

Price Target:$32.00▲(16.38% Upside)

Action:reiterated

Date:11/07/26

The overall score of 80 is driven primarily by a strong financial foundation, marked by high growth, a conservative balance sheet, and robust cash flow generation. The low P/E ratio further supports a positive view, suggesting the stock is undervalued. Technicals confirm a bullish trend, though momentum indicators hint at a potentially overbought condition in the short term, which tempers the score slightly.

Positive Factors

Revenue GrowthThe sharp 2025 revenue acceleration demonstrates renewed growth capacity after the prior-year decline. If sustained, stronger top-line expansion can broaden the earnings base, support investment in community banking services, and improve operating leverage over the next several quarters.

Negative Factors

Revenue VolatilityThe large year-to-year swing shows that growth has not been consistently linear. Revenue volatility makes future earnings harder to forecast and could complicate staffing, lending expansion, and capital planning if the strong 2025 acceleration does not persist through the coming quarters.

First Resource Bank (FRSB) vs. SPDR S&P 500 ETF (SPY)

Market Cap: $83.76M
Dividend Yield: 0.22%
Average Volume (3M): 855
Price to Earnings (P/E): 8.0
Beta (1Y): 0.25
Revenue Growth: 23.29%
EPS Growth: 52.25%
Country: US
Employees: 15
Sector: Financial
Sector Strength: 68
Industry: Banks - Regional

First Resource Bank Business Overview & Revenue Model

Company Description

First Resource Bancorp Inc. serves as the parent company for First Resource Bank, which delivers a comprehensive range of personal and commercial banking products and services. The institution primarily caters to businesses and individual customers l...

First Resource Bank Financial Statement Overview

Summary

Strong overall financial health. Income Statement (78) shows robust 44.6% revenue growth and 53.7% net income increase, though margin contraction is a minor concern. Balance Sheet (85) is well-capitalized with low debt-to-equity (0.45) and healthy ROE (13.9%). Cash Flow (88) is excellent, with operating cash flow closely matching net income and high free cash flow conversion.

Income Statement

78Positive

Balance Sheet

85Very Positive

Cash Flow

88Very Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	51.81M	44.33M	19.98M	30.38M	21.79M	18.95M
Gross Profit	31.43M	25.69M	19.98M	19.57M	17.76M	15.77M
EBITDA	13.22M	10.70M	7.14M	7.96M	7.53M	5.69M
Net Income	10.51M	8.16M	5.31M	5.93M	5.63M	4.17M
Balance Sheet
Total Assets	887.59M	817.36M	663.58M	602.62M	516.72M	469.06M
Cash, Cash Equivalents and Short-Term Investments	93.09M	109.05M	17.84M	40.99M	31.47M	54.50M
Total Debt	24.63M	26.48M	12.72M	50.51M	42.69M	30.23M
Total Liabilities	821.41M	758.59M	613.29M	556.48M	476.63M	433.51M
Stockholders Equity	66.18M	58.77M	50.29M	46.14M	40.10M	35.55M
Cash Flow
Free Cash Flow	0	7.86M	5.61M	5.45M	4.71M	3.86M
Operating Cash Flow	0	8.11M	6.00M	5.62M	5.02M	4.00M
Investing Cash Flow	0	-80.35M	-67.89M	-63.65M	-53.49M	-59.58M
Financing Cash Flow	0	144.83M	55.91M	76.25M	43.52M	40.12M

First Resource Bank Technical Analysis

Technical Analysis SentimentPositive

Last Price27.50

Price Trends

50DMA26.12Positive

100DMA25.51Positive

200DMA23.47Positive

Market Momentum

MACD0.45Negative

RSI65.61Neutral

STOCH40.00Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FRSB, the sentiment is Positive. The current price of 27.50 is above the 20-day moving average (MA) of 26.76, above the 50-day MA of 26.12, and above the 200-day MA of 23.47, indicating a bullish trend. The MACD of 0.45 indicates Negative momentum. The RSI at 65.61 is Neutral, neither overbought nor oversold. The STOCH value of 40.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FRSB.

First Resource Bank Peers Comparison

Overall Rating

UnderperformOutperform

Sector (68)

Financial Indicators

FRSB against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FRSB	80Outperform	$82.45M	7.95	16.83%	0.22%	23.29%	52.25%
ASRV	70Outperform	$80.53M	9.16	7.48%	2.54%	2.43%	75.47%
CLST	68Neutral	$69.95M	24.46	3.06%	―	31.73%	17.80%
Sector *	68Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

* Financial Sector Average

Performance Comparison

FRSB and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
FRSB	First Resource Bank	27.50	8.82	47.27%
ASRV	AmeriServ Financial, Inc.	4.73	1.79	60.77%
CLST	Catalyst Bancorp, Inc.	17.57	2.97	20.34%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 07, 2026

First Resource Bank AI Stock Analysis