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FBNC

First Bancorp NasdaqGS:FBNC Stock Report

Last Price

US$48.81

Market Cap

US$1.7b

7D

4.0%

1Y

6.3%

Updated

25 Nov, 2022

Data

Company Financials +
FBNC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance3/6
Financial Health6/6
Dividends5/6

FBNC Stock Overview

First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses primarily in North Carolina and northeastern South Carolina.

First Bancorp Competitors

Price History & Performance

Summary of all time highs, changes and price drops for First Bancorp
Historical stock prices
Current Share PriceUS$48.81
52 Week HighUS$49.00
52 Week LowUS$32.90
Beta1.12
1 Month Change20.02%
3 Month Change31.63%
1 Year Change6.32%
3 Year Change24.83%
5 Year Change29.03%
Change since IPO1,689.70%

Recent News & Updates

First Bancorp declares $0.22 dividend

Sep 15

Recent updates

First Bancorp (NASDAQ:FBNC) Is Increasing Its Dividend To US$0.22

Feb 10
First Bancorp (NASDAQ:FBNC) Is Increasing Its Dividend To US$0.22

Here's Why I Think First Bancorp (NASDAQ:FBNC) Might Deserve Your Attention Today

Dec 28
Here's Why I Think First Bancorp (NASDAQ:FBNC) Might Deserve Your Attention Today

I Ran A Stock Scan For Earnings Growth And First Bancorp (NASDAQ:FBNC) Passed With Ease

Aug 11
I Ran A Stock Scan For Earnings Growth And First Bancorp (NASDAQ:FBNC) Passed With Ease

First Bancorp (NASDAQ:FBNC) Has Gifted Shareholders With A Fantastic 172% Total Return On Their Investment

Mar 11
First Bancorp (NASDAQ:FBNC) Has Gifted Shareholders With A Fantastic 172% Total Return On Their Investment

Don't Ignore The Fact That This Insider Just Sold Some Shares In First Bancorp (NASDAQ:FBNC)

Feb 13
Don't Ignore The Fact That This Insider Just Sold Some Shares In First Bancorp (NASDAQ:FBNC)

Should First Bancorp (NASDAQ:FBNC) Be Part Of Your Dividend Portfolio?

Feb 05
Should First Bancorp (NASDAQ:FBNC) Be Part Of Your Dividend Portfolio?

Here's What First Bancorp's (NASDAQ:FBNC) Shareholder Ownership Structure Looks Like

Jan 08
Here's What First Bancorp's (NASDAQ:FBNC) Shareholder Ownership Structure Looks Like

The Director of First Bancorp (NASDAQ:FBNC), Suzanne DeFerie, Just Sold 25% Of Their Holding

Dec 13
The Director of First Bancorp (NASDAQ:FBNC), Suzanne DeFerie, Just Sold 25% Of Their Holding

How Much Is First Bancorp (NASDAQ:FBNC) CEO Getting Paid?

Dec 10
How Much Is First Bancorp (NASDAQ:FBNC) CEO Getting Paid?

Does First Bancorp's (NASDAQ:FBNC) Share Price Gain of 72% Match Its Business Performance?

Nov 19
Does First Bancorp's (NASDAQ:FBNC) Share Price Gain of 72% Match Its Business Performance?

Shareholder Returns

FBNCUS BanksUS Market
7D4.0%1.9%1.3%
1Y6.3%-14.1%-18.5%

Return vs Industry: FBNC exceeded the US Banks industry which returned -17.9% over the past year.

Return vs Market: FBNC exceeded the US Market which returned -20.2% over the past year.

Price Volatility

Is FBNC's price volatile compared to industry and market?
FBNC volatility
FBNC Average Weekly Movement4.1%
Banks Industry Average Movement4.1%
Market Average Movement7.4%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.3%

Stable Share Price: FBNC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: FBNC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19341,207Richard Moorehttps://localfirstbank.com

First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses primarily in North Carolina and northeastern South Carolina. It accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificate of deposits and individual retirement accounts. The company also offers loans for a range of consumer and commercial purposes comprising loans for business, real estate, personal, home improvement, and automobiles, as well as residential mortgages and small business administration loans; and accounts receivable financing and factoring, inventory financing, and purchase order financing services.

First Bancorp Fundamentals Summary

How do First Bancorp's earnings and revenue compare to its market cap?
FBNC fundamental statistics
Market CapUS$1.74b
Earnings (TTM)US$118.44m
Revenue (TTM)US$357.54m

14.7x

P/E Ratio

1.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FBNC income statement (TTM)
RevenueUS$357.54m
Cost of RevenueUS$0
Gross ProfitUS$357.54m
Other ExpensesUS$239.11m
EarningsUS$118.44m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.32
Gross Margin100.00%
Net Profit Margin33.12%
Debt/Equity Ratio23.0%

How did FBNC perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

26%

Payout Ratio