First Bancorp (FBNC)

First Bancorp Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Interest Income	398.25	332.27	346.7	325.02	246.4
Net Interest Income Growth	19.86%	-4.16%	6.67%	31.91%	12.96%
Non-Interest Income	-7.94	17.9	57.45	67.82	73.61
Non-Interest Income Growth	-	-68.84%	-15.30%	-7.86%	-9.51%
Revenues Before Loan Losses	390.31	350.17	404.15	392.84	320.01
Provision for Credit Losses	11.5	16.45	17.81	12.4	24.64
Revenue	378.81	333.72	386.33	380.44	295.36
Revenue Growth (YoY)	13.51%	-13.62%	1.55%	28.80%	28.76%
Compensation Expenses	144.18	140.02	139.85	117.72	103.25
Selling, General & Admin	20.44	20.54	20.99	18.6	16.02
Other Non-Interest Expenses	74.69	75.05	93.54	58.9	65.39
Total Non-Interest Expense	239.31	235.61	254.38	195.22	184.66
Pretax Income	139.5	98.12	131.96	185.22	120.32
Provision for Income Taxes	28.45	21.9	27.83	38.28	24.68
Net Income	111.05	76.22	104.13	146.94	95.64
Net Income to Common	111.05	76.22	104.13	146.94	95.64
Net Income Growth	45.70%	-26.81%	-29.13%	53.63%	17.39%
Shares Outstanding (Basic)	41	41	41	35	30
Shares Outstanding (Diluted)	41	41	41	36	30
Shares Change (YoY)	0.30%	0.39%	15.39%	18.81%	3.61%
EPS (Basic)	2.68	1.85	2.54	4.12	3.19
EPS (Diluted)	2.68	1.84	2.53	4.12	3.19
EPS Growth	45.65%	-27.27%	-38.59%	29.15%	13.52%
Free Cash Flow	198.89	172.12	126.98	225.37	132.93
Free Cash Flow Growth	15.55%	35.56%	-43.66%	69.53%	189.17%
Free Cash Flow Per Share	4.80	4.16	3.08	6.32	4.43
Dividends Per Share	0.910	0.880	0.880	0.880	0.800
Dividend Growth	3.41%	-	-	10.00%	11.11%
Profit Margin	29.31%	22.84%	26.95%	38.62%	31.36%
FCF Margin	52.50%	51.58%	32.87%	59.24%	43.59%
EBITDA	14.93	17.88	19.21	15.33	13.93
EBITDA Margin	3.94%	5.36%	4.97%	4.03%	4.57%
Effective Tax Rate	20.40%	22.32%	21.09%	20.67%	20.51%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q