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First Bancorp NasdaqGS:FBNC Stock Report

Last Price

US$31.52

Market Cap

US$1.3b

7D

-2.4%

1Y

2.4%

Updated

26 Apr, 2024

Data

Company Financials +

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.

FBNC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends4/6

First Bancorp Competitors

Price History & Performance

Summary of all time highs, changes and price drops for First Bancorp
Historical stock prices
Current Share PriceUS$31.52
52 Week HighUS$38.51
52 Week LowUS$26.00
Beta1.0
1 Month Change-12.30%
3 Month Change-10.53%
1 Year Change2.40%
3 Year Change-25.66%
5 Year Change-19.55%
Change since IPO963.60%

Recent News & Updates

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

Recent updates

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

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

First Bancorp declares $0.18 dividend

Dec 15

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
7D-2.4%2.7%2.9%
1Y2.4%30.1%22.2%

Return vs Industry: FBNC underperformed the US Banks industry which returned 31.6% over the past year.

Return vs Market: FBNC underperformed the US Market which returned 21.9% over the past year.

Price Volatility

Is FBNC's price volatile compared to industry and market?
FBNC volatility
FBNC Average Weekly Movement5.2%
Banks Industry Average Movement4.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

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

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

About the Company

FoundedEmployeesCEOWebsite
19341,421Richard 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$1.30b
Earnings (TTM)US$113.56m
Revenue (TTM)US$383.79m

11.4x

P/E Ratio

0.9x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FBNC income statement (TTM)
RevenueUS$383.79m
Cost of RevenueUS$0
Gross ProfitUS$383.79m
Other ExpensesUS$270.23m
EarningsUS$113.56m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.76
Gross Margin100.00%
Net Profit Margin29.59%
Debt/Equity Ratio24.2%

How did FBNC perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

32%

Payout Ratio
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