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First Bancorp (FBNC)

Stock Price: $33.24 USD -1.07 (-3.12%)
Updated November 25, 4:00 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 951.66M
Revenue (ttm) 257.27M
Net Income (ttm) 78.71M
Shares Out 28.63M
EPS (ttm) 2.69
PE Ratio 12.36
Forward PE 15.24
Dividend $0.72
Dividend Yield 2.17%

Stock Quote

Trading Day November 25
Last Price $33.24
Previous Close $34.31
Change ($) -1.07
Change (%) -3.12%
Day's Open 33.41
Day's Range 32.41 - 33.99
Day's Volume 196,233
52-Week Range 17.32 - 41.34

More Stats

Market Cap 951.66M
Enterprise Value 635.00M
Earnings Date (est) n/a
Ex-Dividend Date Sep 29, 2020
Shares Outstanding 28.63M
Float 27.93M
EPS (basic) 2.70
EPS (diluted) 2.69
FCF / Share 1.49
Dividend $0.72
Dividend Yield 2.17%
Earnings Yield 8.09%
FCF Yield 4.51%
Payout Ratio 26.70%
Shares Short 440,904
Short Ratio 3.67
Short % of Float 1.58%
Beta 1.11
PE Ratio 12.36
Forward PE 15.24
P/FCF Ratio 22.18
PS Ratio 3.70
PB Ratio 1.12
Revenue 257.27M
Operating Income 100.52M
Net Income 78.71M
Free Cash Flow 42.90M
Net Cash 316.66M
Net Cash / Share 11.06
Gross Margin 105.75%
Operating Margin 39.07%
Profit Margin 30.60%
FCF Margin 16.67%
ROA 1.20%
ROE 9.18%
ROIC 1.60%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (7)

Buy 4
Overweight 0
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$30.55*
(-8.09% downside)
Low
26.8
Current: $33.24
High
36.0
Target: 30.55
*Average 12-month price target from 5 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue27327021314913913612956.92117102
Revenue Growth1.3%26.61%43.14%6.94%2.58%4.93%127.35%-51.4%14.94%-
Gross Profit27327021314913913612956.92117102
Operating Income11711468.2742.1341.1638.5332.78-40.3621.0114.94
Net Income92.0589.2945.9727.5127.0325.0020.70-23.4113.649.98
Shares Outstanding29.5529.5725.2119.9619.7719.7019.6817.0516.8616.76
Earnings Per Share3.103.011.821.331.301.190.98-1.540.440.35
EPS Growth2.99%65.38%36.84%2.31%9.24%21.43%--25.71%-
Dividend Per Share0.540.400.320.320.320.320.320.320.320.32
Dividend Growth35%25%0%0%0%0%0%0%0%-
Operating Cash Flow51.2446.4126.8441.2737.3547.8271.8841.6837.0564.11
Capital Expenditures-1.74-7.97-4.51-6.66-3.86-3.44-6.29-8.95-6.61-17.54
Free Cash Flow49.5038.4422.3334.6133.4944.3865.5932.7330.4446.57
Cash & Equivalents231463489306267253223242216212
Total Debt32140740827118611646.3946.39151251
Net Cash / Debt-89.2256.2981.9534.6080.8713717719565.14-39.33
Assets6,1445,8645,5473,6153,3623,2183,1853,2453,2903,279
Liabilities5,2915,1004,8543,2473,0202,8312,8132,8892,9452,934
Book Value852764693368342388372356345345
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name First Bancorp
Country United States
Employees 1,065
CEO Richard Hancock Moore

Stock Information

Ticker Symbol FBNC
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: FBNC

Description

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. 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 October 26, 2020, it operated 101 branches in North Carolina and South Carolina. The company was founded in 1934 and is headquartered in Southern Pines, North Carolina.