First Bancorp (FBNC)

First Bancorp Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	383.79	386.34	380.44	304.98	264.43	273.47
Revenue Growth (YoY)	1.04%	1.55%	24.74%	15.33%	-3.31%	1.30%
Gross Profit	383.79	386.34	380.44	304.98	264.43	273.47
Selling, General & Admin	159.56	160.84	136.32	119.27	116.53	112.12
Other Operating Expenses	79.83	93.54	58.9	65.39	44.22	44.14
Operating Expenses	239.39	254.38	195.22	184.66	160.75	156.26
Operating Income	144.39	131.96	185.22	120.32	103.68	117.22
Other Expense / Income	-	-	-	-	0.55	0.94
Pretax Income	144.39	131.96	185.22	120.32	103.13	116.28
Income Tax	30.15	27.83	38.28	24.68	21.65	24.23
Net Income	114.24	104.13	146.94	95.64	81.48	92.05
Net Income Growth	-10.84%	-29.13%	53.63%	17.39%	-11.48%	3.09%
Shares Outstanding (Basic)	41	41	35	30	29	30
Shares Outstanding (Diluted)	41	41	36	30	29	30
Shares Change	0.33%	15.39%	18.81%	3.61%	-2.49%	0.04%
EPS (Basic)	2.78	2.54	4.12	3.19	2.81	3.10
EPS (Diluted)	2.77	2.53	4.12	3.19	2.81	3.10
EPS Growth	-21.75%	-38.59%	29.15%	13.52%	-9.35%	2.99%
Free Cash Flow	69.94	127.95	225.67	133.25	46.16	49.5
Free Cash Flow Per Share	1.71	3.14	6.36	4.46	1.60	1.68
Dividend Per Share	0.880	0.880	0.880	0.800	0.720	0.540
Dividend Growth	0%	0%	10.00%	11.11%	33.33%	35.00%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	37.62%	34.16%	48.69%	39.45%	39.21%	42.86%
Profit Margin	29.77%	26.95%	38.62%	31.36%	30.81%	33.66%
Free Cash Flow Margin	18.22%	33.12%	59.32%	43.69%	17.46%	18.10%
Effective Tax Rate	20.88%	21.09%	20.67%	20.51%	21.00%	20.84%
EBITDA	161.91	149.81	197.75	131.97	114.94	128.83
EBITDA Margin	42.19%	38.78%	51.98%	43.27%	43.47%	47.11%
Depreciation & Amortization	17.51	17.86	12.53	11.66	11.81	12.55
EBIT	144.39	131.96	185.22	120.32	103.13	116.28
EBIT Margin	37.62%	34.16%	48.69%	39.45%	39.00%	42.52%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).