First Bankers Trustshares, Inc. (FBTT)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
First Bankers Trustshares, Inc. (FBTT) trades at $24.25 with AI Score 47/100 (Grade C). First Bankers Trustshares, Inc. (FBTT) is a regional financial services provider based in Quincy, Illinois, focusing on community banking solutions. Market cap: $72.91M, Sector: Financial services.
Price live · AI analysis from Jun 14, 2026Analyst Coverage for FBTT: FBTT does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FBTT against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
FBTT: the 1 perspectives are evenly split.
How is this calculated? →First Bankers Trustshares, Inc. (FBTT) Financial Services Profile
First Bankers Trustshares, Inc. is a regional financial services company specializing in community banking, offering a diverse range of deposit and loan products tailored for retail, institutional, and corporate clients in West Central Illinois.
What Is the Investment Thesis for FBTT?
First Bankers Trustshares, Inc. presents a compelling investment thesis characterized by a market capitalization of approximately $72.15 million and a P/E ratio of 9.92, indicating potential undervaluation relative to peers. The company maintains a robust profit margin of 17.6% and a gross margin of 98.2%, reflecting efficient operations and strong pricing power in its service offerings. As the regional banking landscape continues to evolve, First Bankers Trustshares is well-positioned to capitalize on growth opportunities through its diverse product suite and established market presence. The company's dividend yield of 3.75% further enhances its attractiveness to income-focused investors. However, potential risks include liquidity concerns associated with its OTC market listing and regulatory challenges inherent in the financial services sector. Monitoring these factors will be essential for assessing the company's future performance.
Based on FMP financials and quantitative analysis
FBTT Key Highlights
- Market capitalization of $72.91M, indicating a small-cap profile.
- P/E ratio of 9.92, suggesting potential undervaluation compared to industry peers.
- Profit margin of 17.6%, showcasing strong operational efficiency.
- Gross margin of 98.2%, reflecting robust pricing power.
- Dividend yield of 3.75%, appealing to income-focused investors.
Who Are FBTT's Competitors?
FBTT is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| FNB F.N.B. Corporation | $19.16 | +0.71% | $6.82B | 87 |
| CIVB Civista Bancshares, Inc. | $28.24 | -0.78% | $586.87M | 55 |
| BUSE First Busey Corporation | $29.58 | -0.25% | $2.50B | 90 |
| HFFC HF Financial Corp. | $19.64 | -0.66% | — | |
| MCHB Mechanics Bank | $16.21 | +0.31% | 4B | 71 |
| STLE Steele Bancorp Inc. | $43.05 | -0.67% | $80.01M | 69 |
| NASB NASB Financial, Inc. | $40.30 | +0.00% | $289.22M | 68 |
| ASBA Associated Banc-Corp | $24.53 | +0.25% | $4.05B | 67 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FBTT's Key Strengths?
- Strong profit margins indicating operational efficiency.
- Established community presence with loyal customer base.
- Diverse range of financial products and services.
What Are FBTT's Weaknesses?
- Limited geographic reach compared to larger competitors.
- Liquidity risks associated with being an OTC-listed company.
- Dependence on local economic conditions for growth.
What Could Drive FBTT Stock Higher?
- Expansion of digital banking services to attract younger customers.
- Strong lending growth driven by increased demand for credit.
- Continuous improvement in operational efficiency enhancing profit margins.
What Are the Key Risks for FBTT?
- Financial-distress signal — its Altman Z-Score of 0.26 sits in the distress zone (elevated bankruptcy risk).
- Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Increased competition from larger banks and fintech disruptors.
- Regulatory scrutiny affecting operational flexibility and compliance costs.
- Economic downturns impacting loan performance and deposit growth.
What Are the Growth Opportunities for FBTT?
- Expansion of Digital Banking Services: As consumer preferences shift towards digital banking, First Bankers Trustshares can enhance its online and mobile banking platforms. The digital banking market is expected to grow significantly, with a projected CAGR of 10.5% from 2021 to 2026. By investing in technology, the company can attract a younger demographic and improve customer retention, thereby increasing its market share.
- Increased Lending Opportunities: With a robust portfolio of commercial, consumer, and mortgage loans, First Bankers Trustshares is well-positioned to capitalize on the growing demand for credit. The U.S. lending market is projected to reach $3.5 trillion by 2026, driven by economic recovery and increased consumer spending. By expanding its lending offerings and enhancing customer outreach, the company can drive revenue growth.
- Enhanced Wealth Management Services: First Bankers Trustshares can diversify its revenue streams by expanding its investment services and wealth management offerings. The global wealth management market is anticipated to grow to $140 trillion by 2026, presenting a significant opportunity for banks to capture affluent clients seeking comprehensive financial solutions.
- Strategic Partnerships: Collaborating with fintech companies can provide First Bankers Trustshares with innovative technology solutions and access to new customer segments. As fintech continues to disrupt traditional banking, partnerships can enhance service offerings and improve operational efficiency, positioning the company for future growth.
- Geographic Expansion: First Bankers Trustshares can explore opportunities to expand its footprint beyond its current service areas. By entering new markets or acquiring smaller banks, the company can enhance its customer base and diversify its revenue sources, contributing to long-term growth.
What Opportunities Does FBTT Have?
- Potential for growth in digital banking services.
- Expansion opportunities in lending and wealth management.
- Strategic partnerships with fintech for enhanced service delivery.
What Threats Does FBTT Face?
- Intense competition from larger banks and fintech companies.
- Regulatory challenges impacting operational flexibility.
- Economic downturns affecting loan performance and deposit growth.
What Are FBTT's Competitive Advantages?
- Established presence in the local market with strong community ties.
- Diverse product offerings catering to various customer segments.
- Personalized service approach differentiating from larger banks.
- Strong brand reputation built over decades of operation.
What Does FBTT Do?
Founded in 1946, First Bankers Trustshares, Inc. serves as the parent company for First Bankers Trust Company, N.A., delivering a comprehensive suite of financial solutions to its clients. With headquarters in Quincy, Illinois, the company has established itself as a key player in the regional banking sector. Over the years, First Bankers Trustshares has evolved to meet the changing needs of its clientele, offering various deposit accounts, including checking, savings, money market accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs). In addition to its deposit services, the company boasts a robust lending portfolio that includes commercial, consumer, and mortgage loans, as well as home equity lines of credit (HELOCs) and government-assisted loan programs. The firm operates nine banking facilities across Adams, Hancock, McDonough, Sangamon, and Schuyler counties, along with a loan production office in St. Clair County, Illinois. This extensive network allows First Bankers Trustshares to cater to a diverse customer base, providing essential financial services such as overdraft protection, direct deposit, debit and credit cards, and investment services. The company's commitment to community banking and personalized service has solidified its reputation as a trusted financial partner in the region.
What Products and Services Does FBTT Offer?
- Provide a range of deposit accounts including checking, savings, and CDs.
- Offer various lending products such as commercial, consumer, and mortgage loans.
- Facilitate home equity lines of credit and government-assisted loan programs.
- Deliver investment services and cash management solutions.
- Support electronic banking and provide identity theft protection services.
- Operate banking facilities across multiple counties in West Central Illinois.
How Does FBTT Make Money?
- Generate revenue through interest income from loans and fees from deposit accounts.
- Earn fees from investment services and cash management solutions.
- Collect service fees for overdraft protection and wire transfers.
- Leverage interest from various lending products to maintain profitability.
What Industry Does FBTT Operate In?
The regional banking sector is characterized by a growing demand for personalized financial services, driven by local economic conditions and community relationships. As larger banks continue to consolidate, regional players like First Bankers Trustshares, Inc. can leverage their established presence to attract customers seeking tailored banking solutions. The industry is projected to grow steadily, with increasing consumer preference for community-oriented banking experiences. Competition remains intense, with both traditional banks and fintech companies vying for market share, necessitating a focus on service quality and customer engagement.
Who Are FBTT's Key Customers?
- Retail clients seeking personal banking services.
- Small to medium-sized businesses requiring commercial banking solutions.
- Institutional clients needing investment and cash management services.
- Corporate clients looking for financing and credit options.
Company Profile
First Bankers Trustshares, Inc. operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Quincy, US. The company is led by CEO Allen W. Shafer. FBTT has traded publicly since 2000.
First Bankers Trustshares, Inc. (FBTT) Valuation Context
Valued at $72.91M, FBTT is classified as a micro-cap stock. Relative to its peer group, FBTT's quantitative score of 47/100 is below the peer average of 76/100.
ROE 10%Key Financial Metrics
Return on equity for First Bankers Trustshares, Inc. stands at 9.7%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.6%, showing how much profit it generates from its asset base. FBTT trades at a trailing price-to-earnings ratio of 9.90, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.29 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 10.1%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 2/9Financial Health
First Bankers Trustshares, Inc.'s Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 0.26 places it in the distress zone, a signal of elevated financial risk.
FBTT Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future, indicating that executives believe in the potential for growth.
- Community sentiment has shifted positively as discussions around the company highlight its strong fundamentals and market position.
- Increased engagement on social platforms reflects a growing interest in First Bankers Trustshares, hinting at potential investor enthusiasm.
- Recent developments in the banking sector, including favorable regulatory changes, may benefit First Bankers Trustshares' operations.
Bear Case
- Concerns about the overall economic climate have led to skepticism about the banking sector, affecting investor sentiment.
- Some community members express doubts regarding the company's ability to adapt to evolving market conditions, raising caution among potential investors.
- Negative sentiment from recent earnings reports has created uncertainty about the company's short-term performance.
- Increased competition in the banking industry could pressure First Bankers Trustshares, leading to potential market share loss.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
FBTT Latest News
No recent news available for FBTT.
FBTT Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FBTT.
Price Targets
Wall Street price target analysis for FBTT.
FBTT MoonshotScore
What does this score mean?
The MoonshotScore rates FBTT's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Allen W. Shafer
CEO
Allen W. Shafer has been a pivotal figure in the financial services industry, leading First Bankers Trustshares, Inc. with a focus on community banking. With extensive experience in banking operations and management, Shafer has guided the company through various market conditions since his appointment. He holds a degree in finance and has held various leadership roles within the banking sector prior to his current position.
Track Record: Under Shafer's leadership, First Bankers Trustshares has strengthened its market position through strategic initiatives, enhancing its product offerings and expanding customer outreach. His focus on operational excellence has contributed to the company's strong financial performance and community engagement.
FBTT OTC Market Information
The OTC Other tier represents companies that trade on the over-the-counter market but do not meet the stringent listing requirements of major exchanges like NYSE or NASDAQ. This tier often includes smaller companies with less visibility and liquidity, which can lead to wider bid-ask spreads and less frequent trading.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Liquidity risk due to lower trading volumes on OTC markets.
- Regulatory risks associated with compliance and reporting requirements.
- Market volatility impacting stock price and investor sentiment.
- Review the company's financial statements and performance metrics.
- Assess the competitive landscape and market positioning.
- Monitor regulatory updates and compliance status.
- Evaluate management's track record and strategic vision.
- Consider the overall economic environment and its impact on the banking sector.
- Established history since 1946, indicating stability.
- Presence of a qualified management team with industry experience.
- Community engagement and reputation within its service areas.
Common Questions About FBTT (Financial Services)
What does First Bankers Trustshares, Inc. do?
First Bankers Trustshares, Inc. operates as the parent company for First Bankers Trust Company, N.A., providing a wide range of financial services including deposit accounts, various types of loans, and investment services. The company focuses on community banking, serving retail, institutional, and corporate clients primarily in West Central Illinois.
What are the main risks for FBTT?
First Bankers Trustshares, Inc. faces several risks, including liquidity challenges associated with its OTC market listing, regulatory scrutiny that could impact operational flexibility, and economic downturns that may affect loan performance and deposit growth. Additionally, competition from larger banks and fintech companies poses a threat to its market share.
How is First Bankers Trustshares, Inc. adapting to fintech disruption?
First Bankers Trustshares, Inc. is responding to fintech disruption by investing in digital banking technologies to enhance its service offerings. This includes improving online and mobile banking platforms to meet the evolving needs of customers who prefer digital interactions, thereby maintaining competitiveness in the rapidly changing financial landscape.
What are the key factors to evaluate for FBTT?
First Bankers Trustshares, Inc. (FBTT) holds an AI score of 47/100 (low). Not financial advice.
How frequently does FBTT data refresh on this page?
FBTT prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven FBTT's recent stock price performance?
First Bankers Trustshares, Inc. (FBTT) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong profit margins indicating operational efficiency. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider FBTT overvalued or undervalued right now?
Valuing First Bankers Trustshares, Inc. (FBTT) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying FBTT?
Before investing in First Bankers Trustshares, Inc. (FBTT), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial reports are limited due to OTC classification; due diligence is advised.