First Bancorp Company Profile (NASDAQ:FBNC)

About First Bancorp (NASDAQ:FBNC)

First Bancorp logoFirst Bancorp is the bank holding company for First Bank (the Bank). The Company's principal activity is the ownership and operation of First Bank. The Bank engages in a range of banking activities, including the acceptance of deposits and the making of loans. The Bank offers credit cards, debit cards, letters of credit, safe deposit box rentals and electronic funds transfer services, including wire transfers. In addition, the Bank offers Internet banking, mobile banking, cash management and bank-by-phone capabilities to its customers. It also offers a mobile check deposit feature for its mobile banking customers to deposit checks through their smartphone. The Bank offers remote deposit capture for its business customers. The Company provides loans for a range of consumer and commercial purposes, including loans for business, agriculture, real estate, personal uses, home improvement and automobiles.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Mid-Atlantic Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:FBNC
  • CUSIP: 31891010
  • Web:
  • Market Cap: $713.73 million
  • Outstanding Shares: 24,654,000
Average Prices:
  • 50 Day Moving Avg: $29.32
  • 200 Day Moving Avg: $28.09
  • 52 Week Range: $17.15 - $32.27
  • Trailing P/E Ratio: 21.69
  • Foreward P/E Ratio: 12.98
  • P/E Growth: 1.45
Sales & Book Value:
  • Annual Revenue: $163.11 million
  • Price / Sales: 4.38
  • Book Value: $19.85 per share
  • Price / Book: 1.46
  • Annual Dividend: $0.32
  • Dividend Yield: 1.1%
  • Net Margins: 17.57%
  • Return on Equity: 7.83%
  • Return on Assets: 0.79%
  • Debt-to-Equity Ratio: 0.66%
  • Current Ratio: 1.00%
  • Quick Ratio: 1.00%
  • Average Volume: 106,594 shs.
  • Beta: 1.1
  • Short Ratio: 24.22

Frequently Asked Questions for First Bancorp (NASDAQ:FBNC)

What is First Bancorp's stock symbol?

First Bancorp trades on the NASDAQ under the ticker symbol "FBNC."

How often does First Bancorp pay dividends? What is the dividend yield for First Bancorp?

First Bancorp declared a quarterly dividend on Wednesday, March 15th. Shareholders of record on Friday, March 31st will be paid a dividend of $0.08 per share on Tuesday, April 25th. This represents a $0.32 annualized dividend and a yield of 1.11%. The ex-dividend date is Wednesday, March 29th. View First Bancorp's Dividend History.

How were First Bancorp's earnings last quarter?

First Bancorp (NASDAQ:FBNC) announced its earnings results on Thursday, January, 26th. The company reported $0.41 earnings per share for the quarter, topping analysts' consensus estimates of $0.40 by $0.01. The business had revenue of $40.77 million for the quarter, compared to the consensus estimate of $41.04 million. First Bancorp had a return on equity of 7.83% and a net margin of 17.57%. View First Bancorp's Earnings History.

Where is First Bancorp's stock going? Where will First Bancorp's stock price be in 2017?

3 equities research analysts have issued 1 year target prices for First Bancorp's shares. Their forecasts range from $24.00 to $27.00. On average, they anticipate First Bancorp's share price to reach $25.50 in the next year. View Analyst Ratings for First Bancorp.

Are investors shorting First Bancorp?

First Bancorp saw a decrease in short interest in the month of April. As of April 28th, there was short interest totalling 604,418 shares, a decrease of 57.5% from the April 13th total of 1,423,465 shares. Based on an average daily volume of 106,573 shares, the days-to-cover ratio is currently 5.7 days. Currently, 2.5% of the company's shares are sold short.

Who are some of First Bancorp's key competitors?

Who owns First Bancorp stock?

First Bancorp's stock is owned by many different of institutional and retail investors. Top institutional investors include Wellington Management Group LLP (8.01%), Dimensional Fund Advisors LP (4.72%), Vanguard Group Inc. (3.25%), Mendon Capital Advisors Corp (2.45%), Stieven Capital Advisors L.P. (2.13%) and Renaissance Technologies LLC (2.08%). Company insiders that own First Bancorp stock include Daniel T Jr Blue, Donald H Allred, Edward Francis Soccorso III, Eric P Credle, James C Crawford III, Michael Goodwin Mayer, O Temple Sloan III, Richard H Moore and Thomas F Phillips. View Institutional Ownership Trends for First Bancorp.

Who sold First Bancorp stock? Who is selling First Bancorp stock?

First Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Prudential Financial Inc., Zweig DiMenna Associates LLC, Kennedy Capital Management Inc., Martingale Asset Management L P, JPMorgan Chase & Co., Morgan Stanley and O Shaughnessy Asset Management LLC. View Insider Buying and Selling for First Bancorp.

Who bought First Bancorp stock? Who is buying First Bancorp stock?

First Bancorp's stock was bought by a variety of institutional investors in the last quarter, including Mendon Capital Advisors Corp, RMB Capital Management LLC, FSI Group LLC, Investment Counselors of Maryland LLC, Dimensional Fund Advisors LP, Vanguard Group Inc., Wellington Management Group LLP and Ironsides Asset Advisors LLC. Company insiders that have bought First Bancorp stock in the last two years include Daniel T Jr Blue, Donald H Allred, Edward Francis Soccorso III, Eric P Credle, James C Crawford III, Michael Goodwin Mayer, O Temple Sloan III and Richard H Moore. View Insider Buying and Selling for First Bancorp.

How do I buy First Bancorp stock?

Shares of First Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of First Bancorp stock cost?

One share of First Bancorp stock can currently be purchased for approximately $28.95.

Analyst Ratings

Consensus Ratings for First Bancorp (NASDAQ:FBNC) (?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $25.50 (11.92% downside)

Analysts' Ratings History for First Bancorp (NASDAQ:FBNC)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
11/16/2016Piper Jaffray CompaniesInitiated CoverageOverweight$27.00N/AView Rating Details
11/14/2016GabelliDowngradeBuy -> HoldN/AView Rating Details
8/23/2016Keefe, Bruyette & WoodsReiterated RatingBuy$24.00N/AView Rating Details
5/11/2016FIG PartnersDowngradeOutperform -> Market Perform$22.00 -> $22.50N/AView Rating Details
8/3/2015Stifel NicolausBoost Price TargetMarket Perform$19.00 -> $20.00N/AView Rating Details
6/29/2015GuggenheimReiterated RatingNeutralN/AView Rating Details
(Data available from 5/24/2015 forward)


Earnings History for First Bancorp (NASDAQ:FBNC)
Earnings by Quarter for First Bancorp (NASDAQ:FBNC)
Earnings History by Quarter for First Bancorp (NASDAQ:FBNC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/26/2017Q4 2016$0.40$0.41$41.04 million$40.77 millionViewN/AView Earnings Details
10/27/2016Q3$0.17$0.23$37.57 million$35.51 millionViewN/AView Earnings Details
7/26/2016Q2$0.35$0.37$38.25 million$37.46 millionViewN/AView Earnings Details
4/27/2016Q1$0.31$0.33$36.07 million$35.20 millionViewN/AView Earnings Details
1/28/2016Q4$0.34$0.33$37.84 million$35.78 millionViewN/AView Earnings Details
10/27/2015Q3$0.33$0.34$37.23 million$33.89 millionViewN/AView Earnings Details
7/27/2015Q2$0.34$0.30$37.23 million$34.61 millionViewN/AView Earnings Details
4/29/2015Q1 2015$0.34$0.33$35.99 million$34.23 millionViewN/AView Earnings Details
1/29/2015Q4 2014$0.30$0.34$39.05 million$35.42 millionViewN/AView Earnings Details
10/30/2014Q3 2014$0.33$0.27$39.27 million$35.95 millionViewN/AView Earnings Details
7/30/2014Q2 2014$0.30$0.32$39.29 million$38.78 millionViewN/AView Earnings Details
4/30/2014Q1 2014$0.25$0.27$39.07 million$35.83 millionViewN/AView Earnings Details
1/30/2014Q413$0.27$0.27ViewN/AView Earnings Details
10/23/2013Q3 13$0.24$0.30ViewN/AView Earnings Details
2/1/2013Q4 2012($1.53)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for First Bancorp (NASDAQ:FBNC)
2017 EPS Consensus Estimate: $1.43
2018 EPS Consensus Estimate: $2.25
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.09$0.09$0.09
Q2 20171$0.43$0.43$0.43
Q3 20171$0.43$0.43$0.43
Q4 20171$0.48$0.48$0.48
Q1 20181$0.50$0.50$0.50
Q2 20181$0.55$0.55$0.55
Q3 20181$0.59$0.59$0.59
Q4 20181$0.61$0.61$0.61
(Data provided by Zacks Investment Research)


Current Dividend Information for First Bancorp (NASDAQ:FBNC)
Most Recent Dividend:4/25/2017
Annual Dividend:$0.32
Dividend Yield:1.11%
Payout Ratio:24.06% (Trailing 12 Months of Earnings)
17.88% (Based on This Year's Estimates)
14.35% (Based on Next Year's Estimates)
Dividend Payments by Quarter for First Bancorp (NASDAQ:FBNC)

Dividend History by Quarter for First Bancorp (NASDAQ:FBNC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for First Bancorp (NASDAQ:FBNC)
Insider Ownership Percentage: 2.37%
Institutional Ownership Percentage: 53.02%
Insider Trades by Quarter for First Bancorp (NASDAQ:FBNC)
Institutional Ownership by Quarter for First Bancorp (NASDAQ:FBNC)
Insider Trades by Quarter for First Bancorp (NASDAQ:FBNC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/4/2017Eric P CredleInsiderBuy1,000$29.89$29,890.00View SEC Filing  
5/2/2017James C Crawford IIIDirectorBuy1,000$28.81$28,810.00View SEC Filing  
5/2/2017Michael Goodwin MayerPresidentBuy500$28.99$14,495.00View SEC Filing  
3/23/2017Donald H AllredDirectorBuy722$28.15$20,324.30View SEC Filing  
2/3/2017Richard H MooreCEOBuy3,330$30.00$99,900.00View SEC Filing  
11/2/2016O. Temple Sloan IIIDirectorBuy2,550$19.70$50,235.00View SEC Filing  
8/15/2016James C Crawford IIIDirectorBuy2,000$18.63$37,260.00View SEC Filing  
6/30/2016Richard H MooreCEOBuy1,440$17.25$24,840.00View SEC Filing  
6/27/2016Michael Goodwin MayerPresidentBuy500$17.35$8,675.00View SEC Filing  
6/24/2016Eric P CredleCFOBuy1,000$17.72$17,720.00View SEC Filing  
6/24/2016Michael Goodwin MayerPresidentBuy500$17.94$8,970.00View SEC Filing  
6/24/2016Richard H MooreCEOBuy2,800$17.78$49,784.00View SEC Filing  
3/22/2016Edward Francis Soccorso IIIEVPBuy1,097$19.56$21,457.32View SEC Filing  
2/5/2016Daniel T Jr. BlueDirectorBuy300$18.41$5,523.00View SEC Filing  
12/30/2015Daniel T. Jr. BlueDirectorBuy2,000$19.23$38,460.00View SEC Filing  
12/4/2015Richard H. MooreCEOBuy5,100$19.45$99,195.00View SEC Filing  
8/21/2015Richard H MooreCEOBuy2,964$16.60$49,202.40View SEC Filing  
8/14/2015Thomas F PhillipsDirectorSell1,800$17.00$30,600.00View SEC Filing  
5/8/2015Michael Goodwin MayerPresidentBuy1,000$15.95$15,950.00View SEC Filing  
5/6/2015Dennis A WickerDirectorBuy2,395$15.93$38,152.35View SEC Filing  
5/5/2015Dennis A WickerDirectorBuy6,605$15.96$105,415.80View SEC Filing  
5/5/2015Richard H MooreCEOBuy1,550$15.97$24,753.50View SEC Filing  
8/4/2014Richard H MooreCEOBuy4,640$16.17$75,028.80View SEC Filing  
5/28/2014Timothy S MaplesEVPSell1,000$18.50$18,500.00View SEC Filing  
3/17/2014Edward Francis Soccorso IIIEVPBuy1,000$19.05$19,050.00View SEC Filing  
3/4/2014Lee MclaurinEVPSell1,000$19.38$19,380.00View SEC Filing  
9/24/2013Lee MclaurinEVPSell2,160$15.75$34,020.00View SEC Filing  
5/28/2013Lee C MclaurinEVPSell1,000$15.35$15,350.00View SEC Filing  
5/22/2013Jerry L OcheltreePresidentSell1,245$14.13$17,591.85View SEC Filing  
5/13/2013Timothy S MaplesEVPSell1,500$13.95$20,925.00View SEC Filing  
3/27/2013Dennis A WickerDirectorBuy4,000$13.34$53,360.00View SEC Filing  
2/6/2013James C Crawford IIIDirectorBuy5,000$12.49$62,450.00View SEC Filing  
9/6/2012Richard H MooreCEOBuy10,000$10.94$109,400.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for First Bancorp (NASDAQ:FBNC)
Latest Headlines for First Bancorp (NASDAQ:FBNC)
DateHeadline logoFirst Bancorp (FBNC) Expected to Announce Quarterly Sales of $49.49 Million - May 13 at 7:36 AM logoFirst Bancorp (FBNC) Short Interest Down 57.5% in April - May 13 at 7:22 AM logo$0.43 Earnings Per Share Expected for First Bancorp (FBNC) This Quarter - May 11 at 10:12 PM logoFY2017 EPS Estimates for First Bancorp (FBNC) Decreased by Gabelli - May 5 at 1:59 PM logoFirst Bancorp (FBNC) Insider Buys $29,890.00 in Stock - May 5 at 9:41 AM logoFY2018 EPS Estimates for First Bancorp (FBNC) Boosted by Gabelli - May 4 at 7:07 PM logoQ4 2017 Earnings Estimate for First Bancorp Issued By FIG Partners (FBNC) - May 4 at 5:18 PM logoFirst Bancorp (FBNC) President Michael Goodwin Mayer Purchases 500 Shares - May 4 at 12:34 AM logoFirst Bancorp (FBNC) Director James C. Crawford III Purchases 1,000 Shares of Stock - May 4 at 12:26 AM logoFY2018 Earnings Estimate for First Bancorp (FBNC) Issued By Gabelli - May 3 at 5:16 PM logoSomewhat Favorable News Coverage Extremely Unlikely to Affect First Bancorp (FBNC) Stock Price - May 3 at 3:30 PM logoFirst Bancorp (North Carolina) breached its 50 day moving average in a Bearish Manner : FBNC-US : May 3, 2017 - May 3 at 8:47 AM logoFirst Bancorp (FBNC) Expected to Earn Q2 2017 Earnings of $0.43 Per Share - May 3 at 8:20 AM logoMichael Goodwin Mayer Buys 500 Shares of First Bancorp (FBNC) Stock - May 2 at 10:24 PM logoFirst Bancorp (FBNC) Director Acquires $28,810.00 in Stock - May 2 at 10:22 PM logoRisk Arbitrage Today: Will There Be A Bidding War For Tribune Media? - May 2 at 7:31 PM logoFirst Bancorp (FBNC) Expected to Post FY2017 Earnings of $1.85 Per Share - May 2 at 11:34 AM logoFirst Bancorp (FBNC) Upgraded to Buy at Zacks Investment Research - May 1 at 10:12 PM logoFirst Bancorp to Acquire ASB Bancorp, Inc. - May 1 at 4:57 PM logoFirst Bancorp (FBNC) Receiving Somewhat Favorable News Coverage, Report Finds - April 30 at 4:32 PM logoFirst Bancorp (FBNC) Earns Media Sentiment Score of 0.26 - April 27 at 11:06 PM logoFirst Bancorp beats by $0.02, beats on revenue - April 27 at 10:42 PM logoFirst Bancorp Reports First Quarter Results - April 27 at 5:40 PM logoSomewhat Favorable Press Coverage Very Unlikely to Affect First Bancorp (FBNC) Stock Price - April 24 at 8:52 PM logoSomewhat Positive Press Coverage Somewhat Unlikely to Affect First Bancorp (FBNC) Stock Price - April 21 at 8:16 PM logoFirst Bancorp (North Carolina) breached its 50 day moving average in a Bullish Manner : FBNC-US : April 21, 2017 - April 21 at 11:52 AM logo Analysts Expect First Bancorp (FBNC) Will Announce Earnings of $0.40 Per Share - April 21 at 9:51 AM logoSomewhat Critical Press Coverage Somewhat Likely to Impact First Bancorp (FBNC) Stock Price - April 14 at 4:10 PM logoFirst Bancorp (North Carolina) : FBNC-US: Dividend Analysis : March 31st, 2017 (record date) : By the numbers : April 12, 2017 - April 12 at 5:09 PM logoZacks Investment Research Downgrades First Bancorp (FBNC) to Hold - April 4 at 11:26 AM logoFirst Bancorp (FBNC) Downgraded to "Hold" at Zacks Investment Research - March 30 at 12:03 AM logoInsider Buying: First Bancorp (FBNC) Director Acquires 722 Shares of Stock - March 24 at 7:34 PM logoFIRST BANCORP /NC/ Financials - March 18 at 4:50 PM logoFIRST BANCORP /NC/ Files SEC form 10-K, Annual Report - March 15 at 5:31 PM logoFIRST BANCORP /NC/ Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Creation of a Direct Finan - March 9 at 5:37 PM logoFirst Bancorp gets approval for Carolina Bank buyout - February 17 at 7:11 PM logoUnited Community Banks Leveraging Its Deposit Base, Capital, And Service Model Effectively - February 12 at 3:16 AM logoFIRST BANCORP /NC/ Files SEC form 8-K, Change in Directors or Principal Officers - February 9 at 5:45 PM logoWhy First Bancorp (FBNC) Could Be Positioned for a Surge - February 8 at 10:39 PM logoFirst Bank exec: We'll make our mark in Raleigh in 2017 - January 31 at 10:50 PM logoFirst Bancorp (North Carolina) :FBNC-US: Earnings Analysis: 2016 By the Numbers : January 31, 2017 - January 31 at 5:49 PM logoFirst Bancorp EPS in-line, beats on revenue - January 26 at 11:34 PM logoFirst Bancorp Reports Fourth Quarter and Annual Results - January 26 at 6:34 PM logoFIRST BANCORP /NC/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibi - January 26 at 6:34 PM logoFIRST BANCORP /NC/ Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits - January 17 at 5:52 PM logoFIRST BANCORP /NC/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale of Equity Securi - December 22 at 5:22 PM logoFirst Bancorp Announces Cash Dividend - December 15 at 5:44 PM logoFIRST BANCORP /NC/ Files SEC form 8-K, Other Events, Financial Statements and Exhibits - December 15 at 5:44 PM logoETFs with exposure to First Bancorp (North Carolina) : December 6, 2016 - December 6 at 5:19 PM logoFirst Bancorp misses by $0.04, misses on revenue - October 29 at 6:22 AM



First Bancorp (FBNC) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by Staff