Loading...
XNAS
FBNC
Market cap1.97bUSD
Jul 21, Last price  
47.52USD
1D
-0.38%
1Q
24.07%
Jan 2017
75.09%
Name

First Bancorp (North Carolina)

Chart & Performance

D1W1MN
P/E
25.83
P/S
5.62
EPS
1.84
Div Yield, %
1.39%
Shrs. gr., 5y
6.82%
Rev. gr., 5y
4.97%
Revenues
350m
-35.90%
83,595,00090,746,00097,757,000107,666,000196,614,000191,971,000176,070,000160,872,000165,139,000162,662,000148,612,000159,186,000213,619,000269,264,000274,794,000299,468,000320,006,000392,839,000546,249,000350,172,000
Net income
76m
-26.81%
16,090,00019,302,00021,810,00022,005,00060,259,0009,982,00013,642,000-23,406,00020,699,00024,996,00027,034,00027,509,00045,972,00089,289,00092,046,00081,477,00095,644,000146,936,000104,131,00076,215,000
CFO
175m
+33.02%
28,897,00025,058,00030,563,00034,293,00015,033,00064,109,00037,046,00041,681,00071,880,00047,820,00037,350,00047,467,00026,838,00046,410,00051,238,00057,075,000138,901,000230,654,000131,395,999174,781,000
Dividend
Sep 30, 20240.22 USD/sh
Earnings
Jul 22, 2025

Profile

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. In addition, it provides credit and debit cards, letter of credits, and safe deposit box rental services, as well as electronic funds transfer services consisting of wire transfers; and internet and mobile banking, cash management, bank-by-phone services, and remote deposit capture services. Further, the company offers investment and insurance products, such as mutual funds, annuities, long-term care insurance, life insurance, and company retirement plans, as well as property and casualty insurance products; and financial planning services. As of December 31, 2021, it operated 121 branches comprising 114 branch offices located in North Carolina and seven branches in South Carolina. First Bancorp was founded in 1934 and is headquartered in Southern Pines, North Carolina.
IPO date
Apr 30, 1987
Employees
1,244
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2024‑122023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑12
Income
Revenues
350,172
-35.90%
546,249
39.05%
392,839
22.76%
Cost of revenue
(29,046)
153,163
120,750
Unusual Expense (Income)
NOPBT
379,218
393,086
272,089
NOPBT Margin
108.29%
71.96%
69.26%
Operating Taxes
21,902
27,825
38,283
Tax Rate
5.78%
7.08%
14.07%
NOPAT
357,316
365,261
233,806
Net income
76,215
-26.81%
104,131
-29.13%
146,936
53.63%
Dividends
(36,249)
(34,940)
(30,660)
Dividend yield
1.99%
2.29%
2.01%
Proceeds from repurchase of equity
(743)
BB yield
0.05%
Debt
Debt current
52,446
Long-term debt
14,552
588,500
326,289
Deferred revenue
287,720
Other long-term liabilities
10,171,895
(306,898)
Net debt
(2,107,106)
128,914
(2,747,776)
Cash flow
Cash from operating activities
174,781
131,396
230,654
CAPEX
(4,421)
(5,287)
Cash from investing activities
169,666
(191,365)
(713,359)
Cash from financing activities
(74,795)
27,506
291,861
FCF
625,358
154,373
186,085
Balance
Cash
2,121,658
237,855
270,318
Long term investments
221,731
2,856,193
Excess cash
2,104,149
432,274
3,106,869
Stockholders' equity
474,298
1,372,380
1,031,596
Invested Capital
11,668,792
11,682,668
9,623,980
ROIC
3.06%
3.43%
2.48%
ROCE
3.12%
3.24%
2.55%
EV
Common stock shares outstanding
41,327
41,165
35,675
Price
43.97
18.81%
37.01
-13.61%
42.84
-6.30%
Market cap
1,817,158
19.27%
1,523,511
-0.31%
1,528,305
11.32%
EV
(289,948)
1,652,425
(1,219,471)
EBITDA
386,480
412,299
287,418
EV/EBITDA
4.01
Interest
186,967
142,101
16,103
Interest/NOPBT
49.30%
36.15%
5.92%