First Bancorp (FBNC)

NASDAQ: FBNC · IEX Real-Time Price · USD
-0.31 (-0.98%)
Nov 30, 2023, 11:48 AM EST - Market open

Total Valuation

First Bancorp has a market cap or net worth of $1.29 billion. The enterprise value is $1.45 billion.

Market Cap 1.29B
Enterprise Value 1.45B

Important Dates

The next estimated earnings date is Tuesday, January 23, 2024, after market close.

Earnings Date Jan 23, 2024
Ex-Dividend Date Sep 29, 2023

Share Statistics

First Bancorp has 41.09 million shares outstanding. The number of shares has increased by 15.39% in one year.

Shares Outstanding 41.09M
Shares Change (YoY) +15.39%
Shares Change (QoQ) +0.17%
Owned by Insiders (%) 3.79%
Owned by Institutions (%) 68.34%
Float 39.60M

Valuation Ratios

The trailing PE ratio is 10.96 and the forward PE ratio is 12.13. First Bancorp's PEG ratio is 1.54.

PE Ratio 10.96
Forward PE 12.13
PS Ratio 3.37
Forward PS 3.19
PB Ratio 1.03
P/FCF Ratio 9.81
PEG Ratio 1.54
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.11, with an EV/FCF ratio of 10.91.

EV / Earnings 12.82
EV / Sales 3.75
EV / EBITDA 9.11
EV / EBIT 10.16
EV / FCF 10.91

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.33
Debt / EBITDA 2.65
Debt / FCF 3.17
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 9.20% and return on invested capital (ROIC) is 6.71%.

Return on Equity (ROE) 9.20%
Return on Assets (ROA) 1.00%
Return on Capital (ROIC) 6.71%
Revenue Per Employee $310,441
Profits Per Employee $90,748
Employee Count 1,244
Asset Turnover 0.03
Inventory Turnover n/a


In the past 12 months, First Bancorp has paid $29.65 million in taxes.

Income Tax 29.65M
Effective Tax Rate 20.80%

Stock Price Statistics

The stock price has decreased by -33.70% in the last 52 weeks. The beta is 1.07, so First Bancorp's price volatility has been similar to the market average.

Beta (1Y) 1.07
52-Week Price Change -33.70%
50-Day Moving Average 29.08
200-Day Moving Average 32.00
Relative Strength Index (RSI) 58.54
Average Volume (30 Days) 154,736

Short Selling Information

The latest short interest is 921,450, so 2.24% of the outstanding shares have been sold short.

Short Interest 921,450
Short Previous Month 961,509
Short % of Shares Out 2.24%
Short % of Float 2.33%
Short Ratio (days to cover) 6.41

Income Statement

In the last 12 months, First Bancorp had revenue of $386.19 million and earned $112.89 million in profits. Earnings per share was $2.89.

Revenue 386.19M
Gross Profit 386.19M
Operating Income 142.17M
Pretax Income 142.54M
Net Income 112.89M
EBITDA 158.86M
EBIT 142.54M
Earnings Per Share (EPS) $2.89
Full Income Statement

Balance Sheet

The company has $273.59 million in cash and $420.19 million in debt, giving a net cash position of -$146.60 million or -$3.57 per share.

Cash & Cash Equivalents 273.59M
Total Debt 420.19M
Net Cash -146.60M
Net Cash Per Share -$3.57
Equity / Book Value 1.26B
Book Value Per Share 30.61
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $137.21 million and capital expenditures -$4.54 million, giving a free cash flow of $132.68 million.

Operating Cash Flow 137.21M
Capital Expenditures -4.54M
Free Cash Flow 132.68M
FCF Per Share $3.26
Full Cash Flow Statement


Gross margin is 100.00%, with operating and profit margins of 36.81% and 29.23%.

Gross Margin 100.00%
Operating Margin 36.81%
Pretax Margin 36.91%
Profit Margin 29.23%
EBITDA Margin 41.13%
EBIT Margin 36.91%
FCF Margin 34.36%

Dividends & Yields

This stock pays an annual dividend of $0.88, which amounts to a dividend yield of 2.81%.

Dividend Per Share $0.88
Dividend Yield 2.81%
Earnings Yield 8.68%
FCF Yield 10.20%
Dividend Growth (YoY) 2.33%
Payout Ratio 30.45%
Buyback Yield -15.39%
Shareholder Yield -12.61%
Dividend Details

Analyst Forecast

The average price target for First Bancorp is $34.33, which is 9.51% higher than the current price. The consensus rating is "Buy".

Price Target $34.33
Price Target Difference 9.51%
Analyst Consensus Buy
Analyst Count 4
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on November 16, 2004. It was a forward split with a ratio of 3:2.

Last Split Date Nov 16, 2004
Split Type Forward
Split Ratio 3:2


Altman Z-Score n/a
Piotroski F-Score 4