First Bancorp Company Profile (NASDAQ:FBNC)

About First Bancorp

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 Company engages in a range of banking activities, including the acceptance of deposits and the making of loans. The Company offers credit cards, debit cards, letters of credit, safe deposit box rentals and electronic funds transfer services, including wire transfers. In addition, the Company offers Internet banking, mobile banking, cash management and bank-by-phone capabilities to its customers. The Company also offers a mobile check deposit feature for its mobile banking customers that allows them to deposit checks through their smartphone. The Company offers remote deposit capture for its business customers. The Company conducts business from approximately 90 branches. The Bank's subsidiaries include First Bank Insurance Services, Inc. (First Bank Insurance) and First Troy SPE, LLC.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Mid-Atlantic Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: FBNC
  • CUSIP: 31891010
Key Metrics:
  • Previous Close: $20.27
  • 50 Day Moving Average: $19.89
  • 200 Day Moving Average: $19.36
  • 52-Week Range: $17.15 - $21.94
  • Trailing P/E Ratio: 14.62
  • Foreward P/E Ratio: 13.65
  • P/E Growth: 1.42
  • Market Cap: $402.95M
  • Outstanding Shares: 20,087,000
  • Beta: 1.24
  • Net Margins: 18.91%
  • Return on Equity: 8.29%
  • Return on Assets: 0.84%
  • Debt-to-Equity Ratio: 0.58%
  • Current Ratio: 0.99%
  • Quick Ratio: 0.99%
Additional Links:
Companies Related to First Bancorp:

Analyst Ratings

Consensus Ratings for First Bancorp (NASDAQ:FBNC) (?)
Ratings Breakdown: 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $23.25 (15.90% upside)

Analysts' Ratings History for First Bancorp (NASDAQ:FBNC)
DateFirmActionRatingPrice TargetDetails
8/23/2016Keefe, Bruyette & WoodsReiterated RatingBuy$24.00View Rating Details
5/11/2016FIG PartnersDowngradeOutperform -> Market Perform$22.00 -> $22.50View Rating Details
4/10/2016Piper Jaffray Cos.Reiterated RatingOverweightView Rating Details
12/1/2015GabelliReiterated RatingBuyView Rating Details
8/3/2015Stifel NicolausBoost Price TargetMarket Perform$19.00 -> $20.00View Rating Details
6/29/2015GuggenheimReiterated RatingNeutralView Rating Details
(Data available from 10/27/2014 forward)


Earnings History for First Bancorp (NASDAQ:FBNC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/26/2016Q2$0.35$0.37ViewN/AView Earnings Details
4/27/2016Q1$0.31$0.33ViewN/AView Earnings Details
1/28/2016Q4$0.34$0.33ViewN/AView Earnings Details
10/27/2015Q3$0.33$0.34ViewN/AView Earnings Details
7/27/2015Q2$0.34$0.30ViewN/AView Earnings Details
4/29/2015$0.34$0.33ViewN/AView Earnings Details
1/29/2015$0.30$0.34ViewN/AView Earnings Details
10/30/2014$0.30$0.32ViewN/AView Earnings Details
8/1/2014$0.30$0.32ViewN/AView Earnings Details
4/30/2014$0.25$0.27ViewN/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)
Current Year EPS Consensus Estimate: $1.23 EPS
Next Year EPS Consensus Estimate: $1.47 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.36$0.36$0.36
Q2 20161$0.35$0.35$0.35
Q3 20161$0.37$0.37$0.37
Q4 20161$0.39$0.39$0.39
Q1 20171$0.09$0.09$0.09
Q2 20171$0.29$0.29$0.29
Q3 20171$0.43$0.43$0.43
Q4 20171$0.48$0.48$0.48
(Data provided by Zacks Investment Research)


Current Dividend Information for First Bancorp (NASDAQ:FBNC)
Annual Dividend:$0.32
Dividend Yield:1.60%
Payout Ratio:23.36% (Based on Trailing 12 Months of Earnings)
26.02% (Based on Current Year Consensus EPS Estimate)
21.77% (Based on Next Year Consensus EPS Estimate)

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

Insider Trades

Insider Trading History for First Bancorp (NASDAQ:FBNC)
Insider Ownership Percentage: 2.37%
Institutional Ownership Percentage: 53.16%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)


Latest Headlines for First Bancorp (NASDAQ:FBNC)
News IconFirst Bank looks to make big splash in Triad banking scene (NASDAQ:FBNC) - September 30 at 10:04 AM logoFirst Bancorp (North Carolina) : FBNC-US: Dividend Analysis : September 30th, 2016 (record date) : By the numbers : September 29, 2016 (NASDAQ:FBNC) - September 29 at 4:53 PM logoFirst Bancorp About To Put More Money In Your Pocket (FBNC) (NASDAQ:FBNC) - September 26 at 5:08 PM logoThe First Bancorp Declares 3rd Quarter 2016 Dividend (NASDAQ:FBNC) - September 26 at 5:07 PM logoFIRST BANCORP /NC/ Files SEC form 8-K, Termination of a Material Definitive Agreement, Financial Statements and Exhib (NASDAQ:FBNC) - September 23 at 9:57 AM logoFirst Bancorp Reports the Early Termination of All FDIC Loss Share Agreements (NASDAQ:FBNC) - September 22 at 5:01 PM logoFirst BanCorp to Announce 3Q 2016 Results and Hold Conference Call on October 25, 2016 (NASDAQ:FBNC) - September 21 at 9:12 AM logoAnalyst Rating Flashback: First Bancorp Up 6.0% Since Upgraded 7 Days Ago (FBNC) (NASDAQ:FBNC) - August 30 at 8:02 AM logoFirst Bancorp upgraded by Keefe Bruyette (NASDAQ:FBNC) - August 23 at 5:05 PM
News IconDirector of First Bancorp (NASDAQ:FBNC), Crawford James C Iii, buys 2,000 shares worth $37,260 (NASDAQ:FBNC) - August 16 at 10:07 PM logoFirst Bancorp (North Carolina) :FBNC-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NASDAQ:FBNC) - August 10 at 5:11 PM logoETF’s with exposure to First Bancorp (North Carolina) : August 10, 2016 (NASDAQ:FBNC) - August 10 at 5:11 PM logoFirst Bank Announces the Launch of a National SBA Lending Division (NASDAQ:FBNC) - August 9 at 3:40 PM logoWhy First Bank is picking up speed in Charlotte (NASDAQ:FBNC) - August 8 at 9:47 AM logoCarolina Bank Holdings, Inc. Reports Results for the Second Quarter of 2016 (NASDAQ:FBNC) - July 28 at 4:30 PM logoFIRST BANCORP /NC/ Files SEC form 8-K, Results of Operations and Financial Condition, Other Events, Financial Stateme (NASDAQ:FBNC) - July 27 at 11:32 AM logoFirst Bancorp : Reports Second Quarter Results (NASDAQ:FBNC) - July 26 at 11:05 PM logoFirst Bancorp Reports Second Quarter Results (NASDAQ:FBNC) - July 26 at 4:38 PM
News IconFirst Bank opens New Locations in Charlotte, Winston-Salem (NASDAQ:FBNC) - July 18 at 5:09 PM logoFIRST BANCORP /NC/ Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Other Events, Financial St (NASDAQ:FBNC) - July 18 at 4:22 PM logoFirst Bancorp Announces Completion of Branch Exchange (NASDAQ:FBNC) - July 18 at 12:00 PM logoIs This the Right Time To Dump Hilltop Holdings (HTH) Stock? (NASDAQ:FBNC) - July 11 at 9:45 AM logoFirst Bank exec: Carolina Bank deal boosts growth in N.C. metros (NASDAQ:FBNC) - June 30 at 5:13 PM logoInsiders Buying, Short Interest Falling First Bancorp (NASDAQ:FBNC) (NASDAQ:FBNC) - June 28 at 9:57 PM
News IconPresident of First Bancorp (NASDAQ:FBNC), Mayer Michael Goodwin, buys 500 shares worth $8,968 (NASDAQ:FBNC) - June 27 at 9:26 AM logoThe First Bancorp Declares 2nd Quarter 2016 Dividend (NASDAQ:FBNC) - June 24 at 4:20 PM logoFirst Bancorp (North Carolina) : FBNC-US: Dividend Analysis : June 30th, 2016 (record date) : By the numbers : June 24, 2016 (NASDAQ:FBNC) - June 24 at 1:03 PM logoFirst Bancorp (FBNC) Stock a Solid Choice Right Now? (NASDAQ:FBNC) - June 13 at 8:39 AM logoFIRST BANCORP /NC/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Statements (NASDAQ:FBNC) - March 7 at 4:34 PM logoFirst Bancorp Announces Agreement to Exchange Branches (NASDAQ:FBNC) - March 4 at 8:15 AM logoFirst Bank's Business Spotlight Videos Win Triangle Advertising Awards (NASDAQ:FBNC) - February 29 at 12:23 PM logoFIRST BANCORP /NC/ Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:FBNC) - February 26 at 8:39 PM logoFirst Bancorp (North Carolina) breached its 50 day moving average in a Bullish Manner : February 17, 2016 (NASDAQ:FBNC) - February 17 at 8:11 AM logoFirst Bank expands in Triad with new banking team (NASDAQ:FBNC) - February 9 at 2:33 PM logoFBNC: Insiders vs. Shorts (NASDAQ:FBNC) - February 5 at 2:09 PM logoExperienced Banking Team Joins First Bank, Bolsters Community Bank's Triad Presence (NASDAQ:FBNC) - February 5 at 8:00 AM logoFirst Bancorp (North Carolina) Earnings Analysis: Q4, 2015 By the Numbers (NASDAQ:FBNC) - February 2 at 1:11 PM logoFirst Bancorp Reports Fourth Quarter and Annual Results (NASDAQ:FBNC) - January 28 at 5:17 PM logoFirst Bancorp posts 4Q profit (NASDAQ:FBNC) - January 28 at 5:07 PM logo4:05 pm First Bancorp reports Q4 net income per share of $0.33 vs $0.31 Capital IQ Consensus Estimate; NIM was 4.05% compared to 4.25% year ago (NASDAQ:FBNC) - January 28 at 4:05 PM logoFirst BanCorp to Announce 4Q 2015 Results and Hold Conference Call on January 29, 2016 (NASDAQ:FBNC) - January 15 at 6:05 PM logoFirst Bancorp (North Carolina) breached its 50 day moving average in a Bullish Manner : December 29, 2015 (NASDAQ:FBNC) - December 29 at 8:07 AM logoFirst Bank Insurance Services And Bankingport Announce Signing Of Definitive Merger Agreement (NASDAQ:FBNC) - December 16 at 4:01 PM logoFIRST BANCORP /NC/ Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:FBNC) - December 15 at 3:31 PM logoFirst Bancorp Announces Cash Dividend (NASDAQ:FBNC) - December 15 at 12:14 PM logoFIRST BANCORP /NC/ Financials (NASDAQ:FBNC) - December 8 at 1:17 PM logoFIRST BANCORP /NC/ Files SEC form 10-Q, Quarterly Report (NASDAQ:FBNC) - November 9 at 3:41 PM logoFirst Bancorp Reports Third Quarter Results (NASDAQ:FBNC) - October 27 at 4:37 PM logoFIRST BANCORP /NC/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibi (NASDAQ:FBNC) - October 27 at 4:17 PM


First Bancorp (NASDAQ:FBNC) Chart for Thursday, October, 27, 2016

Last Updated on 10/27/2016 by Staff