First Bancorp (FBNC)

First Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Interest Income	361.44	332.27	346.84	325.02	246.4	218.12
Net Interest Income Growth	10.28%	-4.20%	6.72%	31.91%	12.96%	0.89%
Non-Interest Income	17.65	17.9	57.31	67.82	73.61	81.35
Non-Interest Income Growth	-69.06%	-68.77%	-15.51%	-7.86%	-9.51%	36.65%
Revenues Before Loan Losses	379.09	350.17	404.15	392.84	320.01	299.47
Provision for Credit Losses	18.04	16.45	17.81	12.4	-	-
Revenue	361.05	333.72	386.34	380.44	320.01	299.47
Revenue Growth (YoY)	-5.01%	-13.62%	1.55%	18.88%	6.86%	8.61%
Compensation Expenses	141.55	140.02	139.85	117.72	103.25	100.97
Selling, General & Admin	6.16	6.6	8	3.68	19.55	19.52
Other Non-Interest Expenses	67.37	69	85.54	55.21	61.86	40.81
Total Non-Interest Expense	235.01	235.61	254.38	195.22	184.66	161.3
Pretax Income	126.05	98.12	131.96	185.22	120.32	103.13
Provision for Income Taxes	28.85	21.9	27.83	38.28	24.68	21.65
Net Income	97.2	76.22	104.13	146.94	95.64	81.48
Net Income to Common	97.2	76.22	104.13	146.94	95.64	81.48
Net Income Growth	-14.40%	-26.81%	-29.13%	53.63%	17.39%	-11.48%
Shares Outstanding (Basic)	41	41	41	35	30	29
Shares Outstanding (Diluted)	41	41	41	36	30	29
Shares Change (YoY)	0.44%	0.39%	15.39%	18.81%	3.61%	-2.49%
EPS (Basic)	2.35	1.85	2.54	4.12	3.19	2.81
EPS (Diluted)	2.34	1.84	2.53	4.12	3.19	2.81
EPS Growth	-15.22%	-27.27%	-38.59%	29.15%	13.52%	-9.35%
Free Cash Flow	202.91	-322.77	125.81	-129.4	-1,439	-1,014
Free Cash Flow Per Share	4.90	-7.81	3.06	-3.63	-47.94	-34.99
Dividends Per Share	0.890	0.880	0.880	0.880	0.800	0.720
Dividend Growth	1.14%	-	-	10.00%	11.11%	33.33%
Profit Margin	26.92%	22.84%	26.95%	38.62%	31.36%	30.81%
FCF Margin	56.20%	-96.72%	32.56%	-34.01%	-471.98%	-383.50%
EBITDA	16.26	17.88	19.21	15.33	13.93	13.6
EBITDA Margin	4.50%	5.36%	4.97%	4.03%	4.57%	5.14%
Effective Tax Rate	22.88%	22.32%	21.09%	20.67%	20.51%	21.00%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q