First Bancorp (FBNC)
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 |
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 |
Taxes
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 |
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 |
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 |
Margins
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% |
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 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 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |