First Bancorp (NC)/FBNC

$32.00

-2.08%
-
1D1W1MYTD1YMAX

About First Bancorp (NC)

First Bancorp is a bank holding company. The Company's principal activity is the ownership and operation of First Bank, a state-chartered community bank that operates approximately 118 branches in North Carolina and South Carolina. It maintains a diversified loan portfolio by providing a range of commercial and retail lending services to business entities and individuals. It provides commercial business loans, commercial and residential real estate construction and mortgage loans, revolving lines of credit, letters of credit, and loans for personal uses, home improvement, and automobiles. The Company originates residential mortgages through its mortgage banking division, some of which it sells in the secondary market. Through Magnolia Financial, the Company provides accounts receivable financing and factoring, inventory financing, and purchase order financing. The Company also offers United States Small Business Administration (SBA) loans to small business owners across the nation.

Ticker

FBNC

Sector

Financials

Trading on

NASDAQ

Industry

Money Center Banks

CEO

Richard Moore

Employees

1,396

Headquarters

Southern pines, United States

FBNC Metrics

BasicAdvanced
$1.32B
Market cap
12.74
P/E ratio
$2.51
EPS
1.01
Beta
$0.88
Dividend rate
2.75%
Dividend yield
$1.32B
1.01091
$38.51
$26.00
135.11K
$0.88
45.917
45.917
34.93%
0.92%
8.61%
12.742
3.257
0.959
1.529
14.302
1.86%
2.75%
2.75%
43.35%
-38.7%
27.16%
-3.51%
6.92%

What the Analysts think about FBNC

Analyst Ratings

Majority rating from 4 analysts.
Buy

Price Targets

Average projection from 3 analysts.
27.09% upside
High $42.00
Low $40.00
$32.00
Current price
$40.67
Average price target

FBNC Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
20.99% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$141M
1.51%
Net income
$29.6M
-0.67%
Profit margin
20.99%
-2.14%

FBNC Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 10.34%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.37
$0.71
$0.73
$0.72
-
Expected
$0.91
$0.73
$0.68
$0.65
$0.63
Surprise
-59.34%
-2.2%
7.67%
10.34%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for First Bancorp (NC) stock?

First Bancorp (NC) (FBNC) has a market cap of $1.32B as of April 14, 2024.

What is the P/E ratio for First Bancorp (NC) stock?

The price to earnings (P/E) ratio for First Bancorp (NC) (FBNC) stock is 12.74 as of April 14, 2024.

Does First Bancorp (NC) stock pay dividends?

Yes, the First Bancorp (NC) (FBNC) stock pays dividends to shareholders. As of April 14, 2024, the dividend rate is $0.88 and the yield is 2.75%. First Bancorp (NC) has a payout ratio of 34.93% on a trailing twelve-month basis.

When is the next First Bancorp (NC) dividend payment date?

The next First Bancorp (NC) (FBNC) dividend payment is scheduled for April 25, 2024.

What is the beta indicator for First Bancorp (NC)?

First Bancorp (NC) (FBNC) has a beta rating of 1.01. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the First Bancorp (NC) stock price target?

The target price for First Bancorp (NC) (FBNC) stock is $40.67, which is 27.09% above the current price of $32. This is an average based on projections from 3 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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