First Bancorp Past Earnings Performance
Past criteria checks 2/6
First Bancorp has been growing earnings at an average annual rate of 7.7%, while the Banks industry saw earnings growing at 10.1% annually. Revenues have been growing at an average rate of 9.1% per year. First Bancorp's return on equity is 7.6%, and it has net margins of 26.8%.
Key information
7.7%
Earnings growth rate
1.4%
EPS growth rate
Banks Industry Growth | 11.2% |
Revenue growth rate | 9.1% |
Return on equity | 7.6% |
Net Margin | 26.8% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
First Bancorp (NASDAQ:FBNC) Has Affirmed Its Dividend Of $0.22
Mar 18First Bancorp's (NASDAQ:FBNC) Dividend Will Be $0.22
Dec 21First Bancorp (NASDAQ:FBNC) Has Affirmed Its Dividend Of $0.22
Sep 19First Bancorp (NASDAQ:FBNC) Has Affirmed Its Dividend Of $0.22
Jun 20First Bancorp (NASDAQ:FBNC) Will Pay A Dividend Of $0.22
Mar 19We Ran A Stock Scan For Earnings Growth And First Bancorp (NASDAQ:FBNC) Passed With Ease
Mar 01First Bancorp declares $0.22 dividend
Sep 15First Bancorp upgraded to Overweight at Piper after YTD underperformance
Aug 18First Bancorp (NASDAQ:FBNC) Is Increasing Its Dividend To US$0.22
Feb 10Here's Why I Think First Bancorp (NASDAQ:FBNC) Might Deserve Your Attention Today
Dec 28I Ran A Stock Scan For Earnings Growth And First Bancorp (NASDAQ:FBNC) Passed With Ease
Aug 11First Bancorp declares $0.20 dividend
Jun 15First Bancorp (NASDAQ:FBNC) Has Gifted Shareholders With A Fantastic 172% Total Return On Their Investment
Mar 11Don't Ignore The Fact That This Insider Just Sold Some Shares In First Bancorp (NASDAQ:FBNC)
Feb 13Should First Bancorp (NASDAQ:FBNC) Be Part Of Your Dividend Portfolio?
Feb 05Here's What First Bancorp's (NASDAQ:FBNC) Shareholder Ownership Structure Looks Like
Jan 08First Bancorp declares $0.18 dividend
Dec 15The Director of First Bancorp (NASDAQ:FBNC), Suzanne DeFerie, Just Sold 25% Of Their Holding
Dec 13How Much Is First Bancorp (NASDAQ:FBNC) CEO Getting Paid?
Dec 10Does First Bancorp's (NASDAQ:FBNC) Share Price Gain of 72% Match Its Business Performance?
Nov 19Revenue & Expenses BreakdownBeta
How First Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Dec 23 | 386 | 103 | 165 | 0 |
30 Sep 23 | 383 | 112 | 159 | 0 |
30 Jun 23 | 379 | 120 | 152 | 0 |
31 Mar 23 | 374 | 127 | 147 | 0 |
31 Dec 22 | 373 | 146 | 140 | 0 |
30 Sep 22 | 358 | 118 | 138 | 0 |
30 Jun 22 | 339 | 108 | 135 | 0 |
31 Mar 22 | 322 | 101 | 128 | 0 |
31 Dec 21 | 305 | 95 | 122 | 0 |
30 Sep 21 | 299 | 108 | 119 | 0 |
30 Jun 21 | 294 | 104 | 120 | 0 |
31 Mar 21 | 277 | 91 | 119 | 0 |
31 Dec 20 | 264 | 81 | 119 | 0 |
30 Sep 20 | 259 | 78 | 118 | 0 |
30 Jun 20 | 259 | 80 | 116 | 0 |
31 Mar 20 | 270 | 87 | 116 | 0 |
31 Dec 19 | 273 | 92 | 115 | 0 |
30 Sep 19 | 273 | 95 | 113 | 0 |
30 Jun 19 | 269 | 92 | 113 | 0 |
31 Mar 19 | 267 | 91 | 111 | 0 |
31 Dec 18 | 270 | 89 | 111 | 0 |
30 Sep 18 | 269 | 80 | 112 | 0 |
30 Jun 18 | 255 | 71 | 108 | 0 |
31 Mar 18 | 239 | 59 | 106 | 0 |
31 Dec 17 | 213 | 46 | 99 | 0 |
30 Sep 17 | 188 | 40 | 90 | 0 |
30 Jun 17 | 176 | 32 | 86 | 0 |
31 Mar 17 | 162 | 28 | 80 | 0 |
31 Dec 16 | 153 | 27 | 76 | 0 |
30 Sep 16 | 150 | 26 | 73 | 0 |
30 Jun 16 | 144 | 28 | 71 | 0 |
31 Mar 16 | 140 | 26 | 70 | 0 |
31 Dec 15 | 140 | 26 | 70 | 0 |
30 Sep 15 | 137 | 27 | 67 | 0 |
30 Jun 15 | 137 | 25 | 67 | 0 |
31 Mar 15 | 138 | 25 | 66 | 0 |
31 Dec 14 | 136 | 24 | 68 | 0 |
30 Sep 14 | 135 | 23 | 68 | 0 |
30 Jun 14 | 134 | 23 | 67 | 0 |
31 Mar 14 | 134 | 22 | 67 | 0 |
31 Dec 13 | 129 | 20 | 66 | 0 |
30 Sep 13 | 79 | -12 | 66 | 0 |
30 Jun 13 | 75 | -15 | 65 | 0 |
Quality Earnings: FBNC has high quality earnings.
Growing Profit Margin: FBNC's current net profit margins (26.8%) are lower than last year (39.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FBNC's earnings have grown by 7.7% per year over the past 5 years.
Accelerating Growth: FBNC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FBNC had negative earnings growth (-29.2%) over the past year, making it difficult to compare to the Banks industry average (-10.1%).
Return on Equity
High ROE: FBNC's Return on Equity (7.6%) is considered low.