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First Bancorp NasdaqGS:FBNC Stock Report

Last Price

US$43.58

Market Cap

US$1.8b

7D

-0.5%

1Y

26.2%

Updated

30 Jan, 2025

Data

Company Financials +

FBNC Stock Overview

Operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses. More details

FBNC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends5/6

My Notes

Capture your thoughts, links and company narrative

First Bancorp Competitors

Price History & Performance

Summary of share price highs, lows and changes for First Bancorp
Historical stock prices
Current Share PriceUS$43.58
52 Week HighUS$50.34
52 Week LowUS$29.53
Beta1.07
1 Month Change-0.89%
3 Month Change4.66%
1 Year Change26.21%
3 Year Change1.59%
5 Year Change17.47%
Change since IPO1,370.55%

Recent News & Updates

First Bancorp: Earnings To Grow But Stock Appears Overvalued

Dec 19

Recent updates

First Bancorp: Earnings To Grow But Stock Appears Overvalued

Dec 19

First Bancorp's (NASDAQ:FBNC) Dividend Will Be $0.22

Jun 18
First Bancorp's (NASDAQ:FBNC) Dividend Will Be $0.22

Some Shareholders May Object To A Pay Rise For First Bancorp's (NASDAQ:FBNC) CEO This Year

Apr 26
Some Shareholders May Object To A Pay Rise For First Bancorp's (NASDAQ:FBNC) CEO This Year

First Bancorp (NASDAQ:FBNC) Has Affirmed Its Dividend Of $0.22

Mar 18
First Bancorp (NASDAQ:FBNC) Has Affirmed Its Dividend Of $0.22

First Bancorp's (NASDAQ:FBNC) Dividend Will Be $0.22

Dec 21
First Bancorp's (NASDAQ:FBNC) Dividend Will Be $0.22

First Bancorp (NASDAQ:FBNC) Has Affirmed Its Dividend Of $0.22

Sep 19
First Bancorp (NASDAQ:FBNC) Has Affirmed Its Dividend Of $0.22

First Bancorp (NASDAQ:FBNC) Has Affirmed Its Dividend Of $0.22

Jun 20
First Bancorp (NASDAQ:FBNC) Has Affirmed Its Dividend Of $0.22

First Bancorp (NASDAQ:FBNC) Will Pay A Dividend Of $0.22

Mar 19
First Bancorp (NASDAQ:FBNC) Will Pay A Dividend Of $0.22

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

Mar 01
We Ran A Stock Scan For Earnings Growth And First Bancorp (NASDAQ:FBNC) Passed With Ease

First Bancorp declares $0.22 dividend

Sep 15

First Bancorp upgraded to Overweight at Piper after YTD underperformance

Aug 18

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 declares $0.20 dividend

Jun 15

Shareholder Returns

FBNCUS BanksUS Market
7D-0.5%1.2%-0.8%
1Y26.2%39.2%25.2%

Return vs Industry: FBNC underperformed the US Banks industry which returned 39.2% over the past year.

Return vs Market: FBNC exceeded the US Market which returned 25.2% over the past year.

Price Volatility

Is FBNC's price volatile compared to industry and market?
FBNC volatility
FBNC Average Weekly Movement5.4%
Banks Industry Average Movement5.1%
Market Average Movement6.5%
10% most volatile stocks in US Market18.7%
10% least volatile stocks in US Market3.3%

Stable Share Price: FBNC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: FBNC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19341,371Richard Moorelocalfirstbank.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. The company accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificate of deposits and individual retirement accounts. It 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$1.82b
Earnings (TTM)US$76.22m
Revenue (TTM)US$333.72m

23.6x

P/E Ratio

1.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FBNC income statement (TTM)
RevenueUS$333.72m
Cost of RevenueUS$0
Gross ProfitUS$333.72m
Other ExpensesUS$257.51m
EarningsUS$76.22m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.84
Gross Margin100.00%
Net Profit Margin22.84%
Debt/Equity Ratio6.4%

How did FBNC perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

48%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 00:57
End of Day Share Price 2025/01/30 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First Bancorp is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Paul MillerFBR Capital Markets & Co.
Christopher MarinacJanney Montgomery Scott LLC
Christopher McGrattyKeefe, Bruyette, & Woods