First Bancorp (FBNC)
| Market Cap | 1.74B |
| Revenue (ttm) | 361.97M |
| Net Income (ttm) | 119.03M |
| Shares Out | 40.47M |
| EPS (ttm) | 3.24 |
| PE Ratio | 13.26 |
| Forward PE | 8.40 |
| Dividend | $0.88 (2.05%) |
| Ex-Dividend Date | Sep 29, 2022 |
| Volume | 308,867 |
| Open | 41.99 |
| Previous Close | 42.22 |
| Day's Range | 41.98 - 42.99 |
| 52-Week Range | 32.90 - 49.00 |
| Beta | 1.16 |
| Analysts | Buy |
| Price Target | 51.26 (+19.29%) |
| Earnings Date | Jan 24, 2023 |
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]
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 StatementsAnalyst Forecast
According to 11 analysts, the average rating for FBNC stock is "Buy." The 12-month stock price forecast is $51.26, which is an increase of 19.29% from the latest price.
News
First Bancorp (FBNC) Q4 Earnings Top Estimates
First Bancorp (FBNC) delivered earnings and revenue surprises of 5.88% and 5.12%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
First Bancorp Reports Fourth Quarter and Annual Results
SOUTHERN PINES, N.C. , Jan. 24, 2023 /PRNewswire/ -- First Bancorp (the "Company") (NASDAQ - FBNC), the parent company of First Bank, announced today net income of $38.4 million, or $1.08 per diluted ...
First Bancorp (FBNC) Earnings Expected to Grow: Should You Buy?
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.
Will First Bancorp (FBNC) Beat Estimates Again in Its Next Earnings Report?
First Bancorp (FBNC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
FIRST BANCORP COMPLETES ACQUISITION OF GRANDSOUTH BANCORPORATION
SOUTHERN PINES, N.C. , Jan. 3, 2023 /PRNewswire/ -- First Bancorp (NASDAQ: FBNC) announced today the completion of its acquisition of GrandSouth Bancorporation ("GrandSouth"), the parent company of Gr...
First Bancorp Announces Cash Dividend
SOUTHERN PINES, N.C. , Dec. 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 $0.2...
Should You Buy First Bancorp (FBNC) After Golden Cross?
Should investors be excited or worried when a stock's 50 -day simple moving average crosses above the 200-day simple moving average?
First Bancorp (FBNC) Tops Q3 Earnings and Revenue Estimates
First Bancorp (FBNC) delivered earnings and revenue surprises of 8.16% and 12.03%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
First Bancorp Reports Third Quarter Results
SOUTHERN PINES, N.C. , Oct. 26, 2022 /PRNewswire/ -- First Bancorp (the "Company") (NASDAQ: FBNC), the parent company of First Bank, announced today net income of $37.9 million, or $1.06 per diluted c...
Why First Bancorp (FBNC) is a Top Dividend Stock for Your Portfolio
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?
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.
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?
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 ...
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?
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.
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?
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?
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...
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"...
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.
FIRST BANCORP ACCELERATES ITS SOUTH CAROLINA EXPANSION WITH THE ACQUISITION OF GRANDSOUTH BANCORPORATION
SOUTHERN PINES, N.C. and GREENVILLE, S.C.
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 an...
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.
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?
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...