First Bancorp (FBNC)

NASDAQ: FBNC · IEX Real-Time Price · USD
38.62
+0.40 (1.05%)
Sep 27, 2022 10:39 AM EDT - Market open
1.05%
Market Cap 1.38B
Revenue (ttm) 340.54M
Net Income (ttm) 108.72M
Shares Out 35.71M
EPS (ttm) 3.15
PE Ratio 12.26
Forward PE 8.89
Dividend $0.86 (2.23%)
Ex-Dividend Date Sep 29, 2022
Volume 20,865
Open 38.35
Previous Close 38.22
Day's Range 38.30 - 38.73
52-Week Range 32.90 - 50.92
Beta 1.15
Analysts Buy
Price Target 47.18 (+22.2%)
Earnings Date Oct 24, 2022

About FBNC

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 improvemen... [Read more...]

Industry Banks
Founded 1934
Employees 1,179
Stock Exchange NASDAQ
Ticker Symbol FBNC
Full Company Profile

Financial Performance

In 2021, First Bancorp's revenue was $304.98 million, an increase of 15.33% compared to the previous year's $264.43 million. Earnings were $95.64 million, an increase of 17.39%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for FBNC stock is "Buy." The 12-month stock price forecast is 47.18, which is an increase of 22.16% from the latest price.

Price Target
$47.18
(22.16% upside)
Analyst Consensus: Buy
Stock Forecasts

News

First Bancorp Announces Cash Dividend

SOUTHERN PINES, N.C. , Sept. 15, 2022 /PRNewswire/ -- The Board of Directors of First Bancorp (NASDAQ - FBNC), the parent company of First Bank, has declared a cash dividend on its common stock of $0.22...

1 week ago - PRNewsWire

FIRST BANK ANNOUNCES PROJECT LAUNCH'S "OUT OF THIS WORLD EDUCATOR AWARDS"

SOUTHERN PINES, N.C. , Aug. 2, 2022 /PRNewswire/ -- First Bank announces the creation of the "Out of This World Educator Awards" as a part of its 2022 Project Launch initiative.

1 month ago - PRNewsWire

First Bancorp (FBNC) Q2 Earnings and Revenues Beat Estimates

First Bancorp (FBNC) delivered earnings and revenue surprises of 8.42% and 5.60%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

First Bancorp Reports Second Quarter Results

SOUTHERN PINES, N.C. , July 27, 2022 /PRNewswire/ -- First Bancorp (the "Company") (NASDAQ - FBNC), the parent company of First Bank, announced today net income of $36.6 million, or $1.03 per diluted co...

1 month ago - PRNewsWire

First Bancorp (FBNC) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Bancorp (FBNC) have what it takes?

1 month ago - Zacks Investment Research

First Bancorp (FBNC) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

First Bancorp (FBNC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

This is Why First Bancorp (FBNC) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Bancorp (FBNC) have what it takes?

2 months ago - Zacks Investment Research

First Bancorp (FBNC) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Bancorp (FBNC) have what it takes?

3 months ago - Zacks Investment Research

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating GrandSouth Bancorporation Merger

Wilmington, Delaware--(Newsfile Corp. - June 23, 2022) - Rigrodsky Law, P.A. is investigating GrandSouth Bancorporation ("GrandSouth") (OTCQX: GRRB) regarding possible breaches of fiduciary duties and o...

3 months ago - Newsfile Corp

SHAREHOLDER ALERT: Weiss Law Investigates GrandSouth Bancorporation

NEW YORK , June 22, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of GrandSouth Bancorporation ("GrandSouth" o...

3 months ago - PRNewsWire

First Bancorp (FBNC) to Acquire GrandSouth in All-Stock Deal

First Bancorp (FBNC) signs a definitive merger agreement to acquire GrandSouth Bancorporation in a $181.1-million deal to accelerate its South Carolina expansion.

3 months ago - Zacks Investment Research

Wall Street Analysts See a 26% Upside in First Bancorp (FBNC): Can the Stock Really Move This High?

The mean of analysts' price targets for First Bancorp (FBNC) points to a 25.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among anal...

3 months ago - Zacks Investment Research

4 Reasons to Invest in First Bancorp (FBNC) Stock Right Now

Strong fundamentals and good growth prospects make First Bancorp (FBNC) an attractive investment option.

4 months ago - Zacks Investment Research

Why First Bancorp (FBNC) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Bancorp (FBNC) have what it takes?

4 months ago - Zacks Investment Research

Bears are Losing Control Over First Bancorp (FBNC), Here's Why It's a 'Buy' Now

First Bancorp (FBNC) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a...

4 months ago - Zacks Investment Research

FIRST BANK NAMES NEW CIO TO ITS EXECUTIVE LEADERSHIP

SOUTHERN PINES, N.C. , May 9, 2022 /PRNewswire/ -- First Bank, the fifth largest bank headquartered in North Carolina, has added to its executive leadership team with the hire of Terrence Thomas as its ...

4 months ago - PRNewsWire

First Bancorp (FBNC) Misses Q1 Earnings Estimates

First Bancorp (FBNC) delivered earnings and revenue surprises of -1.04% and 4.49%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

First Bancorp Reports First Quarter Results

SOUTHERN PINES, N.C. , April 27, 2022 /PRNewswire/ -- First Bancorp (the "Company") (NASDAQ - FBNC), the parent company of First Bank, announced today net income of $34.0 million, or $0.95 per diluted c...

4 months ago - PRNewsWire

Is a Surprise Coming for First Bancorp (FBNC) This Earnings Season?

First Bancorp (FBNC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

5 months ago - Zacks Investment Research

First Bancorp (FBNC) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

First Bancorp (FBNC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

Does First Bancorp (FBP) Have the Potential to Rally 26% as Wall Street Analysts Expect?

The average of price targets set by Wall Street analysts indicates a potential upside of 26.1% in First Bancorp (FBP). While the effectiveness of this highly sought-after metric is questionable, the pos...

5 months ago - Zacks Investment Research

Here's Why First Bancorp (FBNC) Is a Great 'Buy the Bottom' Stock Now

First Bancorp (FBNC) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wa...

5 months ago - Zacks Investment Research

Here's Why First Bancorp (FBNC) Could be Great Choice for a Bottom Fisher

After losing some value lately, a hammer chart pattern has been formed for First Bancorp (FBNC), indicating that the stock has found support. This, combined with an upward trend in earnings estimate rev...

5 months ago - Zacks Investment Research

Best Income Stocks to Buy for April 7th

SUN, FNF, and FBNC made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 7, 2022.

Other symbols: FNFSUN
5 months ago - Zacks Investment Research