First Pacific Bancorp (FPBC) AI Stock Analysis

• Market Cap: $10.27M
• Dividend Yield: N/A
• Average Volume (3M): 2.02K
• Price to Earnings (P/E): 78.2
• Beta (1Y): 0.11
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 44
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.10
• Shares Outstanding: 1,939,193
• 10 Day Avg. Volume: 420
• 30 Day Avg. Volume: 2,023
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 5.18
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 46 Neutral
• Price Target: ―

FPBC's overall score reflects strong revenue growth and improving cash flow, which are overshadowed by ongoing net losses, moderate leverage, and bearish technical indicators. The absence of a P/E ratio and dividend yield further complicates valuation, while limited earnings call information and a recent stock price decline highlight market uncertainties.

First Pacific Bancorp Business Overview & Revenue Model

Company Description

First Pacific Bancorp operates as a bank holding company for First Pacific Bank that provides various financial and banking products and services. It offers deposit products, including checking, savings, money market, NOW, and individual retirement accounts, as well as certificate of deposit. The company also provides loan products, such as real estate construction, 1-4 family, commercial real estate, and commercial and industrial loans; small business administration; consumer and personal loans; home equity lines of credit; letters of credit; and business and personal credit cards. In addition, it offers cash management services and solutions, including insured cash sweep, remote deposit capture, automated clearing house, sweep accounts, wire transfers, Positive Pay, and online and mobile banking services. Further, the company provides specialty lending and financing solutions for construction and manufacturing equipment; healthcare equipment; computer hardware and software; network and phone communications systems; and office furniture, as well as bespoke solutions. The company serves small and middle-market businesses, and individuals in the Los Angeles, Orange, San Bernardino, and San Diego County areas of California. It operates branches in Whittier, Santa Fe Springs, Orange, Redlands, and San Diego, California. The company was formerly known as Friendly Hills Bancorp and changed its name to First Pacific Bancorp in September 2023. First Pacific Bancorp was founded in 2006 and is based in Whittier, California.

How the Company Makes Money

First Pacific Bancorp Financial Statement Overview

Summary

First Pacific Bancorp exhibits strong revenue growth and improving free cash flow, but consistent net losses and moderate leverage present ongoing challenges. To achieve long-term stability, the company needs to enhance cost efficiency and better manage its debt.

Income Statement

The income statement reflects a significant revenue growth rate of 52.48% year-over-year, indicating a strong upward trend in revenue generation. However, the company remains unprofitable with a negative net income of -$163,919, affecting the net profit margin, which stands at -1.01%. This suggests challenges in cost management or operational efficiency.

Balance Sheet

The balance sheet shows a debt-to-equity ratio of 1.33, indicating moderate leverage, which could pose some risk if not managed carefully. The equity ratio is 8.89%, suggesting a relatively low level of equity financing in relation to total assets. However, the company has managed to maintain a positive stockholders' equity, which is a positive indicator of financial stability.

Cash Flow

The cash flow statement highlights a significant improvement in free cash flow, transitioning from negative to positive, with a growth rate of 814.87%. The operating cash flow to net income ratio is -14.30, which indicates that cash flow from operations is not aligned with net income, suggesting potential liquidity management issues.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	23.49M	20.78M	10.34M	6.35M	6.53M
Gross Profit	14.68M	13.60M	9.37M	5.79M	5.79M
EBITDA	1.54M	-339.18K	-1.16M	350.12K	1.51M
Net Income	1.11M	-163.92K	-988.77K	188.53K	1.02M
Balance Sheet
Total Assets	432.97M	420.22M	366.71M	293.02M	204.21M
Cash, Cash Equivalents and Short-Term Investments	41.00M	0.00	32.07M	65.03M	50.91M
Total Debt	40.00M	45.00M	65.00M	12.00M	20.50M
Total Liabilities	393.82M	382.84M	333.56M	273.29M	183.69M
Stockholders Equity	39.15M	37.38M	33.15M	19.73M	20.51M
Cash Flow
Free Cash Flow	1.56M	1.78M	-248.67K	-264.50K	1.37M
Operating Cash Flow	1.66M	2.34M	204.59K	-108.03K	1.43M
Investing Cash Flow	4.52M	-64.34M	-108.34M	9.08M	-18.17M
Financing Cash Flow	12.45M	52.29M	75.18M	5.15M	43.60M

First Pacific Bancorp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5.26
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FPBC, the sentiment is Negative. The current price of 5.26 is below the 20-day moving average (MA) of 5.31, below the 50-day MA of 5.52, and below the 200-day MA of 5.47, indicating a bearish trend. The MACD of -0.07 indicates Negative momentum. The RSI at 40.69 is Neutral, neither overbought nor oversold. The STOCH value of 45.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FPBC.

First Pacific Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PFBX	74 Outperform	$93.37M	4.82	―	2.11%	-6.17%	133.57%
FNB	74 Outperform	$5.78B	12.49	7.16%	2.98%	7.73%	8.39%
MBWM	70 Outperform	$729.89M	8.93	12.89%	3.29%	8.72%	-0.45%
CFFI	68 Neutral	$216.84M	8.86	8.76%	2.71%	11.71%	32.12%
FMBH	68 Neutral	$916.70M	10.86	9.42%	2.56%	5.18%	13.05%
FFNW	55 Neutral	$208.18M	194.65	0.66%	2.30%	2.28%	-83.17%
FPBC	46 Neutral	$10.27M	78.21	-0.44%	―	―	―
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%