NASDAQ:FBNC First Bancorp (FBNC) Stock Price, News & Analysis → Protect Yourself While There’s Still Time … (From Weiss Ratings) (Ad) Free FBNC Stock Alerts $31.52 -0.03 (-0.10%) (As of 04/26/2024 ET) Add Compare Share Share Today's Range$31.43▼$31.9750-Day Range$30.98▼$36.1252-Week Range$26.00▼$38.51Volume179,263 shsAverage Volume142,672 shsMarket Capitalization$1.30 billionP/E Ratio11.38Dividend Yield2.79%Price Target$33.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get First Bancorp alerts: Email Address First Bancorp MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside4.7% Upside$33.00 Price TargetShort InterestBearish2.70% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.14Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth12.59%From $2.70 to $3.04 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.17 out of 5 starsFinance Sector597th out of 864 stocksState Commercial Banks Industry143rd out of 184 stocks 1.3 Analyst's Opinion Consensus RatingFirst Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageFirst Bancorp has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.70% of the outstanding shares of First Bancorp have been sold short.Short Interest Ratio / Days to CoverFirst Bancorp has a short interest ratio ("days to cover") of 8.1.Change versus previous monthShort interest in First Bancorp has recently increased by 2.78%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldFirst Bancorp pays a meaningful dividend of 2.55%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthFirst Bancorp does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of First Bancorp is 31.77%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, First Bancorp will have a dividend payout ratio of 28.95% next year. This indicates that First Bancorp will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FBNC. Previous Next 1.7 News and Social Media Coverage News SentimentFirst Bancorp has a news sentiment score of 0.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for First Bancorp this week, compared to 2 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Bancorp insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.65% of the stock of First Bancorp is held by insiders.Percentage Held by Institutions68.36% of the stock of First Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for First Bancorp are expected to grow by 12.59% in the coming year, from $2.70 to $3.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Bancorp is 11.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.98.Price to Earnings Ratio vs. SectorThe P/E ratio of First Bancorp is 11.38, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 54.03.Price to Book Value per Share RatioFirst Bancorp has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsThe Next Step of Their Control Is Here …Earlier this week, Section 702 of the Foreign Intelligence Surveillance Act (FISA) was renewed for an additional two years. What does this mean? It means the government has more time — and more ways — to surveil and control you.4 simple steps to protect your privacy and money before it’s too late. About First Bancorp Stock (NASDAQ:FBNC)First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses. The company accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificate of deposits and individual retirement accounts. It also offers loans for a range of consumer and commercial purposes comprising loans for business, real estate, personal, home improvement, and automobiles, as well as residential mortgages and small business administration loans; and accounts receivable financing and factoring, inventory financing, and purchase order financing services. In addition, the company provides credit and debit cards, letter of credits, and safe deposit box rental services, as well as electronic funds transfer services consisting of wire transfers; and internet and mobile banking, cash management, bank-by-phone services, and remote deposit capture services. Further, it offers investment and insurance products, such as mutual funds, annuities, long-term care insurance, life insurance, and company retirement plans, as well as property and casualty insurance products; and financial planning services. The company was founded in 1934 and is headquartered in Southern Pines, North Carolina.Read More FBNC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FBNC Stock News HeadlinesApril 26, 2024 | finance.yahoo.comHere's Why First Bancorp's (NASDAQ:FBNC) CEO May Not Expect A Pay Rise This YearApril 24, 2024 | markets.businessinsider.comBuy Rating Affirmed: Bank of NT Butterfield Outperforms with Strong Q1 EarningsApril 26, 2024 | Stansberry Research (Ad)Move Your Money Before May 22The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals. April 24, 2024 | finance.yahoo.comFirst Bancorp Reports First Quarter ResultsApril 23, 2024 | sfgate.comFirst Community Bancshares: Q1 Earnings SnapshotApril 20, 2024 | investing.comFirst Bancorp director buys shares worth over $28,000April 16, 2024 | bizjournals.comFoutch Brothers wage legal battle with bank over student housing buildingApril 9, 2024 | msn.comS.F.'s First Republic Bank will cease to exist next month, following JP Morgan takeoverApril 26, 2024 | Stansberry Research (Ad)Move Your Money Before May 22The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals. March 21, 2024 | finance.yahoo.comFirst Bancorp (NASDAQ:FBNC) Has Affirmed Its Dividend Of $0.22March 17, 2024 | investing.comFirst Bancorp announces $0.22 cash dividend per shareMarch 17, 2024 | investing.comFirst Bancorp executive acquires shares worth $10,355March 15, 2024 | prnewswire.comFirst Bancorp Announces Cash DividendMarch 11, 2024 | msn.comOpening date revealed for Lancashire’s first banking hubMarch 8, 2024 | bizjournals.comServisFirst Bank makes key hire for North Carolina growth pushMarch 5, 2024 | bizjournals.comFirst Financial names new Greater Cincinnati commercial banking presidentFebruary 29, 2024 | globenewswire.comFirst Bancorp of Indiana, Inc. Announces Quarterly Cash Dividend Payable March 15, 2024February 22, 2024 | benzinga.comFirst Bancorp Stock (NASDAQ:FBNC) Earnings Dates and Earning CallsFebruary 22, 2024 | fool.comFirst Bancorp (NASDAQ: FBNC)February 16, 2024 | wsj.comFirst Bancorp (North Carolina)February 15, 2024 | msn.comChase Bank to open its first East Tennessee branches in Knoxville and MaryvilleJanuary 29, 2024 | morningstar.comNorth American Morning Briefing: Cautious Start to Fully-Booked WeekJanuary 25, 2024 | finance.yahoo.comFirst Bancorp (FBNC) Reports Q4 Earnings: What Key Metrics Have to SayJanuary 24, 2024 | finance.yahoo.comFirst Bancorp (FBNC) Surpasses Q4 Earnings EstimatesJanuary 24, 2024 | finance.yahoo.comFirst Bancorp (FBNC) Reports Mixed Results Amidst GrandSouth AcquisitionJanuary 24, 2024 | finance.yahoo.comFirst Bancorp Reports Fourth Quarter and Annual ResultsJanuary 16, 2024 | finance.yahoo.comFirst Bancorp (FBNC) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 ReleaseSee More Headlines Receive FBNC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/25/2021Ex-Dividend for 4/25 Dividend3/27/2024Dividend Payable4/25/2024Today4/26/2024Next Earnings (Estimated)7/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:FBNC CUSIP31891010 CIK811589 Webwww.localfirstbank.com Phone(910) 246-2500Fax910-576-0662Employees1,445Year Founded1948Price Target and Rating Average Stock Price Target$33.00 High Stock Price Target$34.00 Low Stock Price Target$32.00 Potential Upside/Downside+4.3%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.77 Trailing P/E Ratio11.43 Forward P/E Ratio11.72 P/E GrowthN/ANet Income$104.13 million Net Margins20.58% Pretax Margin24.16% Return on Equity8.73% Return on Assets0.95% Debt Debt-to-Equity Ratio0.46 Current Ratio0.83 Quick Ratio0.83 Sales & Book Value Annual Sales$546.25 million Price / Sales2.38 Cash Flow$3.02 per share Price / Cash Flow10.47 Book Value$33.40 per share Price / Book0.95Miscellaneous Outstanding Shares41,130,000Free Float39,633,000Market Cap$1.30 billion OptionableOptionable Beta1.00 Social Links 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Richard Hancock Moore (Age 63)Chairman & CEO Comp: $657.92kMr. Michael G. Mayer (Age 63)President & Director Comp: $974.79kMs. Elizabeth B. Bostian (Age 43)Executive VP, General Counsel, CFO & Secretary Comp: $545.77kMr. Gregory A. Currie (Age 45)President of First Bank Comp: $604.77kMs. Blaise Buczkowski (Age 60)Executive VP, Chief Administrative Officer & Chief Accounting Officer Key CompetitorsStock Yards BancorpNASDAQ:SYBTEnterprise Financial ServicesNASDAQ:EFSCFirst BuseyNASDAQ:BUSEHeartland Financial USANASDAQ:HTLF1st SourceNASDAQ:SRCEView All CompetitorsInsiders & InstitutionsPeregrine Capital Management LLCSold 11,043 shares on 4/26/2024Ownership: 0.444%Yousif Capital Management LLCSold 1,840 shares on 4/26/2024Ownership: 0.045%New York State Teachers Retirement SystemSold 400 shares on 4/25/2024Ownership: 0.024%Wesbanco Bank Inc.Bought 60,108 shares on 4/23/2024Ownership: 0.146%Raymond James Financial Services Advisors Inc.Sold 1,420 shares on 4/23/2024Ownership: 0.107%View All Insider TransactionsView All Institutional Transactions FBNC Stock Analysis - Frequently Asked Questions Should I buy or sell First Bancorp stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Bancorp in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FBNC shares. View FBNC analyst ratings or view top-rated stocks. What is First Bancorp's stock price target for 2024? 3 brokers have issued 1-year price objectives for First Bancorp's stock. Their FBNC share price targets range from $32.00 to $34.00. On average, they expect the company's share price to reach $33.00 in the next twelve months. This suggests a possible upside of 4.7% from the stock's current price. View analysts price targets for FBNC or view top-rated stocks among Wall Street analysts. How have FBNC shares performed in 2024? First Bancorp's stock was trading at $37.01 at the beginning of 2024. Since then, FBNC shares have decreased by 14.8% and is now trading at $31.52. View the best growth stocks for 2024 here. When is First Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024. View our FBNC earnings forecast. How were First Bancorp's earnings last quarter? First Bancorp (NASDAQ:FBNC) announced its quarterly earnings data on Monday, October, 25th. The financial services provider reported $0.97 earnings per share for the quarter, hitting analysts' consensus estimates of $0.97. The financial services provider earned $75.06 million during the quarter, compared to analysts' expectations of $77.45 million. First Bancorp had a net margin of 20.58% and a trailing twelve-month return on equity of 8.73%. How often does First Bancorp pay dividends? What is the dividend yield for First Bancorp? First Bancorp declared a quarterly dividend on Friday, March 15th. Stockholders of record on Sunday, March 31st will be paid a dividend of $0.22 per share on Thursday, April 25th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.79%. The ex-dividend date is Wednesday, March 27th. Read our dividend analysis for FBNC. Is First Bancorp a good dividend stock? First Bancorp (NASDAQ:FBNC) pays an annual dividend of $0.88 per share and currently has a dividend yield of 2.55%. The dividend payout ratio is 31.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FBNC will have a dividend payout ratio of 28.95% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FBNC. What ETF holds First Bancorp's stock? First Trust NASDAQ ABA Community Bank Index Fund holds 19,598 shares of FBNC stock, representing 0.87% of its portfolio. What other stocks do shareholders of First Bancorp own? Based on aggregate information from My MarketBeat watchlists, some companies that other First Bancorp investors own include Hawkins (HWKN), Intelsat (I), Fossil Group (FOSL), Bank of America (BAC), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), Apollo Global Management (APO), Ciena (CIEN) and First Data (FDC). Who are First Bancorp's major shareholders? First Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (0.44%), American National Bank & Trust Co. VA (0.27%), Wesbanco Bank Inc. (0.15%), Raymond James Financial Services Advisors Inc. (0.11%), Chatham Capital Group Inc. (0.08%) and Yousif Capital Management LLC (0.04%). Insiders that own company stock include Carlie C Mclamb Jr, Dexter V Perry, Elizabeth B Bostian, J Randolph Potter, Mary Clara Capel, Mason Y Garrett, Michael Goodwin Mayer and Richard H Moore. View institutional ownership trends. How do I buy shares of First Bancorp? Shares of FBNC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:FBNC) was last updated on 4/26/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThese AI trades triggered this morning (545% return)Prosper Trading AcademyExposed: 10 CENT Crypto to Explode April 20th?True Market InsidersThe A.I. story nobody is telling you (Read ASAP)TradeSmithForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingHe Is Giving Away BitcoinCrypto Swap ProfitsFed launches fourth dollar overhaulStansberry ResearchMan Who Predicted 2008: “This Will be Worse.”Altimetry Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding First Bancorp Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
