Home » Stocks » First Bancorp

First Bancorp (FBNC)

Stock Price: $22.08 USD 0.13 (0.59%)
Updated Aug 14, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 639.81M
Revenue (ttm) 259.24M
Net Income (ttm) 80.43M
Shares Out 28.98M
EPS (ttm) 2.74
PE Ratio 8.06
Forward PE 11.22
Dividend $0.72
Dividend Yield 3.26%

Stock Quote

Trading Day Aug 14, 2020
Last Price $22.08
Previous Close $21.95
Change ($) 0.13
Change (%) 0.59%
Day's Open 21.87
Day's Range 21.72 - 22.27
Day's Volume 68,959
52-Week Range 17.32 - 41.34

More Stats

Market Cap 639.81M
Enterprise Value 91.60M
Earnings Date (est) Oct 27, 2020
Ex-Dividend Date Jun 29, 2020
Shares Outstanding 28.98M
Float 28.31M
EPS (basic) 2.73
EPS (diluted) 2.74
FCF / Share 2.32
Dividend $0.72
Dividend Yield 3.26%
Earnings Yield 12.41%
FCF Yield 10.45%
Payout Ratio n/a
Shares Short 558,756
Short Ratio 3.06
Short % of Float 1.84%
Beta 1.19
PE Ratio 8.06
Forward PE 11.22
P/FCF Ratio 9.57
PS Ratio 2.47
PB Ratio 0.73
Revenue 259.24M
Operating Income 102.39M
Net Income 80.43M
Free Cash Flow 66.84M
Net Cash 548.21M
Net Cash / Share 18.92
Gross Margin 105.55%
Operating Margin 39.50%
Profit Margin 31.20%
FCF Margin 25.78%
ROA 1.25%
ROE 9.56%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (6)

Buy 3
Overweight 0
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$27.00*
(22.28% upside)
Low
24.0
Current: $22.08
High
32.0
Target: 27.00
*Average 12-month price target from 4 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 certificates of deposit 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, letters of credit, 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, 2019, it operated 101 branches, including 95 branches in North Carolina and 6 branches in South Carolina. The company was founded in 1934 and is headquartered in Southern Pines, North Carolina.