NASDAQ:FBNC - First Bancorp Stock Price, News, & Analysis

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$39.27 +0.29 (+0.74 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$38.98
Today's Range$38.88 - $39.27
52-Week Range$30.50 - $43.14
Volume87,300 shs
Average Volume94,439 shs
Market Capitalization$1.17 billion
P/E Ratio12.95
Dividend Yield1.03%
Beta1.26
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 primarily in North Carolina and northeastern South Carolina. It accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificates of deposits and individual retirement accounts. The company also offers loans for a range of consumer and commercial purposes comprising loans for business, agriculture, real estate, personal, home improvement, and automobiles, as well as residential mortgages and SBA loans. In addition, it provides credit and debit cards, letters of credit, 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, the company 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. As of December 31, 2017, it operated 104 branches, including 98 branches in North Carolina and 6 branches in South Carolina. The company was founded in 1934 and is headquartered in Southern Pines, North Carolina.

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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:FBNC
CUSIP31891010
Phone910-246-2500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$293.04 million
Cash Flow$1.9944 per share
Book Value$23.38 per share

Profitability

Net Income$89.29 million

Miscellaneous

Employees1,166
Market Cap$1.17 billion
Next Earnings Date4/23/2019 (Estimated)
OptionableOptionable

First Bancorp (NASDAQ:FBNC) Frequently Asked Questions

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 Wednesday, February 6th. Stockholders of record on Sunday, March 31st will be paid a dividend of $0.12 per share on Thursday, April 25th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend is Thursday, March 28th. This is a positive change from First Bancorp's previous quarterly dividend of $0.10. View First Bancorp's Dividend History.

How were First Bancorp's earnings last quarter?

First Bancorp (NASDAQ:FBNC) announced its earnings results on Wednesday, January, 23rd. The financial services provider reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.04. The financial services provider had revenue of $68.25 million for the quarter, compared to the consensus estimate of $68.41 million. First Bancorp had a net margin of 30.47% and a return on equity of 12.32%. View First Bancorp's Earnings History.

When is First Bancorp's next earnings date?

First Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for First Bancorp.

What price target have analysts set for FBNC?

6 Wall Street analysts have issued 12 month target prices for First Bancorp's stock. Their forecasts range from $34.00 to $46.00. On average, they expect First Bancorp's share price to reach $40.6667 in the next year. This suggests a possible upside of 3.6% from the stock's current price. View Analyst Price Targets for First Bancorp.

What is the consensus analysts' recommendation for First Bancorp?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Bancorp in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Bancorp.

Has First Bancorp been receiving favorable news coverage?

Headlines about FBNC stock have been trending somewhat positive this week, according to InfoTrie. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. First Bancorp earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next several days.

Who are some of First Bancorp's key competitors?

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), CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Honeywell International (HON), Athabasca Oil (ATH), Aegean Marine Petroleum Network (ANW), Alibaba Group (BABA) and Micron Technology (MU).

Who are First Bancorp's key executives?

First Bancorp's management team includes the folowing people:
  • Mr. Richard Hancock Moore, CEO & Director (Age 58)
  • Mr. Michael G. Mayer, Pres & Director (Age 58)
  • Mr. Eric P. Credle, Exec. VP & CFO (Age 51)
  • Ms. Elizabeth B. Bostian, Exec. VP and Sec.
  • Mr. Lee C. McLaurin, Exec. VP & Controller (Age 57)

Who are First Bancorp's major shareholders?

First Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.32%), Dimensional Fund Advisors LP (5.09%), Vaughan Nelson Investment Management L.P. (3.55%), Macquarie Group Ltd. (3.49%), Mendon Capital Advisors Corp (3.22%) and RMB Capital Management LLC (1.92%). Company insiders that own First Bancorp stock include Abby Jill Donnelly, Donald H Allred, Eric P Credle, James C Crawford III, Mary Clara Capel, Michael Goodwin Mayer, Richard H Moore and Suzanne S Deferie. View Institutional Ownership Trends for First Bancorp.

Which institutional investors are selling First Bancorp stock?

FBNC stock was sold by a variety of institutional investors in the last quarter, including RMB Capital Management LLC, Seidman Lawrence B, First Trust Advisors LP, Bank of America Corp DE, Employees Retirement System of Texas, D. E. Shaw & Co. Inc., Two Sigma Advisers LP and Barclays PLC. Company insiders that have sold First Bancorp company stock in the last year include Eric P Credle and Mary Clara Capel. View Insider Buying and Selling for First Bancorp.

Which institutional investors are buying First Bancorp stock?

FBNC stock was acquired by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Macquarie Group Ltd., Peregrine Capital Management LLC, Natixis Advisors L.P., BlackRock Inc., Geode Capital Management LLC, Dimensional Fund Advisors LP and Boston Advisors LLC. Company insiders that have bought First Bancorp stock in the last two years include Abby Jill Donnelly, Donald H Allred, Eric P Credle, James C Crawford III, Michael Goodwin Mayer, Richard H Moore and Suzanne S Deferie. View Insider Buying and Selling for First Bancorp.

How do I buy shares of First Bancorp?

Shares of FBNC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is First Bancorp's stock price today?

One share of FBNC stock can currently be purchased for approximately $39.27.

How big of a company is First Bancorp?

First Bancorp has a market capitalization of $1.17 billion and generates $293.04 million in revenue each year. The financial services provider earns $89.29 million in net income (profit) each year or $3.01 on an earnings per share basis. First Bancorp employs 1,166 workers across the globe.

What is First Bancorp's official website?

The official website for First Bancorp is http://www.localfirstbank.com.

How can I contact First Bancorp?

First Bancorp's mailing address is 300 SW Broad Street, Southern Pines NC, 28387. The financial services provider can be reached via phone at 910-246-2500.


MarketBeat Community Rating for First Bancorp (NASDAQ FBNC)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  288 (Vote Outperform)
Underperform Votes:  281 (Vote Underperform)
Total Votes:  569
MarketBeat's community ratings are surveys of what our community members think about First Bancorp and other stocks. Vote "Outperform" if you believe FBNC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FBNC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/23/2019 by MarketBeat.com Staff

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