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: $30.95
  • 50 Day Moving Average: $28.79
  • 200 Day Moving Average: $23.25
  • 52-Week Range: $20,844,000.00 - $17.15
  • Trailing P/E Ratio: 23.32
  • Foreward P/E Ratio: 15.17
  • P/E Growth: 1.75
  • Market Cap: $645.12M
  • Outstanding Shares: 20,844,000
  • Beta: 1.1
Profitability:
  • Net Margins: 17.57%
  • Return on Equity: 7.83%
  • Return on Assets: 0.79%
Debt:
  • Debt-to-Equity Ratio: 0.66%
  • Current Ratio: 1.00%
  • Quick Ratio: 1.00%
Additional Links:
Companies Related to First Bancorp:

Analyst Ratings

Consensus Ratings for First Bancorp (NASDAQ:FBNC) (?)
Ratings Breakdown: 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $24.50 (20.84% downside)

Analysts' Ratings History for First Bancorp (NASDAQ:FBNC)
Show:
DateFirmActionRatingPrice TargetDetails
11/16/2016Piper Jaffray CompaniesInitiated CoverageOverweight$27.00View Rating Details
11/14/2016GabelliDowngradeBuy -> HoldView Rating Details
8/23/2016Keefe, Bruyette & WoodsReiterated RatingBuy$24.00View Rating Details
5/11/2016FIG PartnersDowngradeOutperform -> Market Perform$22.00 -> $22.50View Rating Details
8/3/2015Stifel NicolausBoost Price TargetMarket Perform$19.00 -> $20.00View Rating Details
6/29/2015GuggenheimReiterated RatingNeutralView Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for First Bancorp (NASDAQ:FBNC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017        
1/26/2017Q4 2016$0.40$0.41ViewN/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)

Estimates

Earnings Estimates for First Bancorp (NASDAQ:FBNC)
Current Year EPS Consensus Estimate: $1.77 EPS
Next Year EPS Consensus Estimate: $2.04 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)

Dividends

Current Dividend Information for First Bancorp (NASDAQ:FBNC)
Annual Dividend:$0.32
Dividend Yield:1.03%
Payout Ratio:24.06% (Based on Trailing 12 Months of Earnings)
18.08% (Based on Current Year Consensus EPS Estimate)
15.69% (Based on Next Year Consensus EPS Estimate)

Dividend History for First Bancorp (NASDAQ:FBNC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/16/2016quarterly$0.081.18%12/28/201612/31/20161/25/2017
9/16/2016quarterly$0.081.65%9/28/20169/30/201610/25/2016
6/16/2016quarterly$0.081.66%6/28/20166/30/20167/25/2016
3/16/2016quarterly$0.081.72%3/29/20163/31/20164/25/2016
12/16/2015quarterly$0.081.67%12/29/201512/31/20151/25/2016
9/16/2015quarterly$0.081.85%9/28/20159/30/201510/23/2015
6/17/2015quarterly$0.081.96%6/26/20156/30/20157/24/2015
3/17/2015quarterly$0.081.91%3/27/20153/31/20154/24/2015
12/17/2014quarterly$0.081.79%12/29/201412/31/20141/23/2015
9/15/2014quarterly$0.081.89%9/26/20149/30/201410/24/2014
6/16/2014quarterly$0.081.82%6/26/20146/30/20147/25/2014
3/14/2014quarterly$0.081.68%3/27/20143/31/20144/25/2014
12/16/2013quarterly$0.082.02%12/27/201312/31/20131/24/2014
9/13/2013quarterly$0.082.27%9/26/20139/30/201310/25/2013
6/13/2013quarterly$0.082.36%6/26/20136/30/20137/25/2013
3/15/2013quarterly$0.082.37%3/26/20133/31/20134/25/2013
12/14/2012quarterly$0.082.55%12/27/201212/31/20121/25/2013
(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: 53.02%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for First Bancorp (NASDAQ:FBNC)
DateHeadline
seekingalpha.com logoFirst Bancorp gets approval for Carolina Bank buyout (NASDAQ:FBNC)
seekingalpha.com - February 17 at 7:11 PM
seekingalpha.com logoUnited Community Banks Leveraging Its Deposit Base, Capital, And Service Model Effectively (NASDAQ:FBNC)
seekingalpha.com - February 12 at 3:16 AM
marketexclusive.com logoFIRST BANCORP. (NASDAQ:FBNC) Files An 8-K Results of Operations and Financial Condition (NASDAQ:FBNC)
marketexclusive.com - February 9 at 5:45 PM
biz.yahoo.com logoFIRST BANCORP /NC/ Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:FBNC)
biz.yahoo.com - February 9 at 5:45 PM
finance.yahoo.com logoWhy First Bancorp (FBNC) Could Be Positioned for a Surge (NASDAQ:FBNC)
finance.yahoo.com - February 8 at 10:39 PM
News IconChief Executive Officer of First Bancorp (NASDAQ:FBNC), Moore Richard H, buys 3,330 shares worth $99,907 (NASDAQ:FBNC)
empowerednews.net - February 3 at 10:33 PM
capitalcube.com logoETFs with exposure to First Bancorp (North Carolina) : February 2, 2017 (NASDAQ:FBNC)
www.capitalcube.com - February 2 at 5:39 PM
News IconMaxim Group Just Issued "Buy" Rating on Customers Bancorp Inc (CUBI) (NASDAQ:FBNC)
thecelebritytruth.com - February 2 at 3:49 AM
News IconTheStreet Downgrades Porter Bancorp, Inc (NASDAQ:FBNC)
myhealthbowl.com - February 2 at 3:49 AM
capitalcube.com logoFirst Bancorp (North Carolina) :FBNC-US: Earnings Analysis: Q4, 2016 By the Numbers : February 1, 2017 (NASDAQ:FBNC)
www.capitalcube.com - February 1 at 5:47 PM
bizjournals.com logoFirst Bank exec: We'll make our mark in Raleigh in 2017 (NASDAQ:FBNC)
www.bizjournals.com - January 31 at 10:50 PM
capitalcube.com logoFirst Bancorp (North Carolina) :FBNC-US: Earnings Analysis: 2016 By the Numbers : January 31, 2017 (NASDAQ:FBNC)
us.rd.yahoo.com - January 31 at 5:49 PM
News IconFirst Bancorp (NASDAQ:FBNC) Analyst Coverage (NASDAQ:FBNC)
larampadinapoli.com - January 28 at 5:19 PM
sg.finance.yahoo.com logoFirst Bancorp posts 4Q profit (NASDAQ:FBNC)
sg.finance.yahoo.com - January 27 at 6:51 PM
seekingalpha.com logoFirst Bancorp EPS in-line, beats on revenue (NASDAQ:FBNC)
seekingalpha.com - January 26 at 11:34 PM
us.rd.yahoo.com logoFirst Bancorp Reports Fourth Quarter and Annual Results (NASDAQ:FBNC)
us.rd.yahoo.com - January 26 at 6:34 PM
biz.yahoo.com logoFIRST BANCORP /NC/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibi (NASDAQ:FBNC)
biz.yahoo.com - January 26 at 6:34 PM
capitalcube.com logoETFs with exposure to First Bancorp (North Carolina) : January 20, 2017 (NASDAQ:FBNC)
www.capitalcube.com - January 20 at 6:26 PM
biz.yahoo.com logoFIRST BANCORP /NC/ Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NASDAQ:FBNC)
biz.yahoo.com - January 17 at 5:52 PM
marketexclusive.com logoFirst Bancorp (NASDAQ:FBNC) Files An 8-K Other Events (NASDAQ:FBNC)
marketexclusive.com - December 23 at 5:21 PM
biz.yahoo.com logoFIRST BANCORP /NC/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale of Equity Securi (NASDAQ:FBNC)
biz.yahoo.com - December 22 at 5:22 PM
us.rd.yahoo.com logoFirst Bancorp Announces Cash Dividend (NASDAQ:FBNC)
us.rd.yahoo.com - December 15 at 5:44 PM
biz.yahoo.com logoFIRST BANCORP /NC/ Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:FBNC)
biz.yahoo.com - December 15 at 5:44 PM
News IconPacific Premier Bancorp Inc (NASDAQ:PPBI) Valuation According To Analysts (NASDAQ:FBNC)
avauncer.com - December 14 at 4:11 PM
capitalcube.com logoETFs with exposure to First Bancorp (North Carolina) : December 6, 2016 (NASDAQ:FBNC)
us.rd.yahoo.com - December 6 at 5:19 PM
News IconNotable Runner: What's Propelling Investors Bancorp, Inc. to Reach 52-Week High? (NASDAQ:FBNC)
flapship.com - November 14 at 8:54 AM
News IconCustomers Bancorp Commences Public Offering of Common Stock (NASDAQ:FBNC)
myhealthbowl.com - November 4 at 3:53 PM
capitalcube.com logoETF’s with exposure to First Bancorp (North Carolina) : November 2, 2016 (NASDAQ:FBNC)
www.capitalcube.com - November 2 at 5:06 PM
capitalcube.com logoFirst Bancorp (North Carolina) :FBNC-US: Earnings Analysis: Q3, 2016 By the Numbers : October 31, 2016 (NASDAQ:FBNC)
www.capitalcube.com - October 31 at 5:01 PM
capitalcube.com logoFirst Bancorp (North Carolina) breached its 50 day moving average in a Bearish Manner : FBNC-US : October 31, 2016 (NASDAQ:FBNC)
www.capitalcube.com - October 31 at 11:28 AM
seekingalpha.com logoFirst Bancorp misses by $0.04, misses on revenue (NASDAQ:FBNC)
seekingalpha.com - October 29 at 6:22 AM
News IconFirst Bank looks to make big splash in Triad banking scene (NASDAQ:FBNC)
yesweekly.com - September 30 at 10:04 AM
capitalcube.com logoFirst Bancorp (North Carolina) : FBNC-US: Dividend Analysis : September 30th, 2016 (record date) : By the numbers : September 29, 2016 (NASDAQ:FBNC)
www.capitalcube.com - September 29 at 4:53 PM
thestreet.com logoFirst Bancorp About To Put More Money In Your Pocket (FBNC) (NASDAQ:FBNC)
www.thestreet.com - September 26 at 5:08 PM
publicnow.com logoThe First Bancorp Declares 3rd Quarter 2016 Dividend (NASDAQ:FBNC)
www.publicnow.com - September 26 at 5:07 PM
biz.yahoo.com logoFIRST BANCORP /NC/ Files SEC form 8-K, Termination of a Material Definitive Agreement, Financial Statements and Exhib (NASDAQ:FBNC)
biz.yahoo.com - September 23 at 9:57 AM
finance.yahoo.com logoFirst Bancorp Reports the Early Termination of All FDIC Loss Share Agreements (NASDAQ:FBNC)
finance.yahoo.com - September 22 at 5:01 PM
publicnow.com logoFirst BanCorp to Announce 3Q 2016 Results and Hold Conference Call on October 25, 2016 (NASDAQ:FBNC)
www.publicnow.com - September 21 at 9:12 AM
mysmartrend.com logoAnalyst Rating Flashback: First Bancorp Up 6.0% Since Upgraded 7 Days Ago (FBNC) (NASDAQ:FBNC)
www.mysmartrend.com - August 30 at 8:02 AM
finance.yahoo.com logoFirst Bancorp upgraded by Keefe Bruyette (NASDAQ:FBNC)
finance.yahoo.com - 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)
empowerednews.net - August 16 at 10:07 PM
capitalcube.com logoFirst Bancorp (North Carolina) :FBNC-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NASDAQ:FBNC)
www.capitalcube.com - August 10 at 5:11 PM
capitalcube.com logoETF’s with exposure to First Bancorp (North Carolina) : August 10, 2016 (NASDAQ:FBNC)
www.capitalcube.com - August 10 at 5:11 PM
finance.yahoo.com logoFirst Bank Announces the Launch of a National SBA Lending Division (NASDAQ:FBNC)
finance.yahoo.com - August 9 at 3:40 PM
bizjournals.com logoWhy First Bank is picking up speed in Charlotte (NASDAQ:FBNC)
www.bizjournals.com - August 8 at 9:47 AM
finance.yahoo.com logoCarolina Bank Holdings, Inc. Reports Results for the Second Quarter of 2016 (NASDAQ:FBNC)
finance.yahoo.com - July 28 at 4:30 PM
biz.yahoo.com logoFIRST BANCORP /NC/ Files SEC form 8-K, Results of Operations and Financial Condition, Other Events, Financial Stateme (NASDAQ:FBNC)
biz.yahoo.com - July 27 at 11:32 AM
4-traders.com logoFirst Bancorp : Reports Second Quarter Results (NASDAQ:FBNC)
www.4-traders.com - July 26 at 11:05 PM
publicnow.com logoFirst Bancorp Reports Second Quarter Results (NASDAQ:FBNC)
www.publicnow.com - July 26 at 4:38 PM
News IconFirst Bank opens New Locations in Charlotte, Winston-Salem (NASDAQ:FBNC)
courier-tribune.com - July 18 at 5:09 PM

Social

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 announced a quarterly dividend on Friday, December 16th. Stockholders of record on Saturday, December 31st will be given a dividend of $0.08 per share on Wednesday, January 25th. This represents a $0.32 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Wednesday, December 28th.

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

4 analysts have issued 1 year price objectives for First Bancorp's shares. Their predictions range from $22.50 to $27.00. On average, they anticipate First Bancorp's share price to reach $24.50 in the next year.

When will First Bancorp announce their earnings?

First Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.

Who owns First Bancorp stock?

First Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (5.10%), Castle Creek Capital Partners IV LP (3.62%), Renaissance Technologies LLC (2.83%), Stieven Capital Advisors L.P. (2.54%), State Street Corp (1.75%) and FMR LLC (1.33%). Company insiders that own First Bancorp stock include Daniel T Jr Blue, Dennis A Wicker, 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.

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 Castle Creek Capital Partners IV LP, O Shaughnessy Asset Management LLC, Continental Advisors LLC, Stieven Capital Advisors L.P. and GSA Capital Partners LLP.

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

First Bancorp's stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, FMR LLC, Thompson Siegel & Walmsley LLC, Castine Capital Management LLC, Federated Investors Inc. PA, Dimensional Fund Advisors LP, Russell Investments Group Ltd. and Menta Capital LLC. Company insiders that have bought First Bancorp stock in the last two years include Daniel T Jr Blue, Dennis A Wicker, Edward Francis Soccorso III, Eric P Credle, James C Crawford III, Michael Goodwin Mayer, O Temple Sloan III and Richard H Moore.

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 $30.95.

First Bancorp (NASDAQ:FBNC) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for First Bancorp (NASDAQ:FBNC)

Earnings History Chart

Earnings by Quarter for First Bancorp (NASDAQ:FBNC)

Dividend History Chart

Dividend Payments by Quarter for First Bancorp (NASDAQ:FBNC)

Last Updated on 2/20/2017 by MarketBeat.com Staff