S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NASDAQ:FBNC

First Bancorp (FBNC) Stock Forecast, Price & News

$36.44
+0.42 (+1.17%)
(As of 05/20/2022 12:00 AM ET)
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Today's Range
$35.85
$36.50
50-Day Range
$36.02
$44.80
52-Week Range
$35.50
$50.92
Volume
131,787 shs
Average Volume
157,158 shs
Market Capitalization
$1.30 billion
P/E Ratio
11.21
Dividend Yield
2.44%
Beta
1.17
30 days | 90 days | 365 days | Advanced Chart
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First Bancorp logo

About First Bancorp

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 certificate of deposits and individual retirement accounts. The company 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, it 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, 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, 2021, it operated 121 branches comprising 114 branch offices located in North Carolina and seven branches in South Carolina. First Bancorp 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-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:FBNC
CUSIP
31891010
Employees
1,234
Year Founded
1948

Sales & Book Value

Annual Sales
$329.53 million
Cash Flow
$3.89 per share
Book Value
$31.36 per share

Profitability

Net Income
$95.64 million
Pretax Margin
36.41%

Debt

Price-To-Earnings

Miscellaneous

Free Float
34,955,000
Market Cap
$1.30 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 4/25 Dividend
3/30/2022
Dividend Payable
4/25/2022
Last Earnings
4/27/2022
Today
5/22/2022
Next Earnings (Estimated)
7/26/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.79 out of 5 stars

Finance Sector

252nd out of 1,351 stocks

State Commercial Banks Industry

61st out of 236 stocks

Analyst Opinion: 3.3Community Rank: 4.3Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 0.6 5 -4 -3 -2 -1 -













First Bancorp (NASDAQ:FBNC) Frequently Asked Questions

Is First Bancorp a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Bancorp in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" First Bancorp stock.
View analyst ratings for First Bancorp
or view top-rated stocks.

When is First Bancorp's next earnings date?

First Bancorp is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022.
View our earnings forecast for First Bancorp
.

How were First Bancorp's earnings last quarter?

First Bancorp (NASDAQ:FBNC) announced its earnings results on Wednesday, April, 27th. The financial services provider reported $0.95 earnings per share for the quarter, missing the consensus estimate of $0.96 by $0.01. The financial services provider earned $96.13 million during the quarter, compared to analyst estimates of $92 million. First Bancorp had a net margin of 29.04% and a trailing twelve-month return on equity of 10.92%.
View First Bancorp's earnings history
.

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

First Bancorp declared a quarterly dividend on Tuesday, February 8th. Investors of record on Thursday, March 31st will be given a dividend of $0.22 per share on Monday, April 25th. This represents a $0.88 annualized dividend and a yield of 2.41%. The ex-dividend date of this dividend is Wednesday, March 30th. This is a positive change from First Bancorp's previous quarterly dividend of $0.20.
View First Bancorp's dividend history
.

Is First Bancorp a good dividend stock?

First Bancorp pays an annual dividend of $0.88 per share and currently has a dividend yield of 2.44%. First Bancorp has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of First Bancorp is 27.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Bancorp will have a dividend payout ratio of 20.71% next year. This indicates that First Bancorp will be able to sustain or increase its dividend.
View First Bancorp's dividend history.

What price target have analysts set for FBNC?

2 brokers have issued 1 year price targets for First Bancorp's shares. Their forecasts range from $49.00 to $52.00. On average, they anticipate First Bancorp's share price to reach $50.50 in the next twelve months. This suggests a possible upside of 38.6% from the stock's current price.
View analysts' price targets for First Bancorp
or view top-rated stocks among Wall Street analysts.

Who are First Bancorp's key executives?
First Bancorp's management team includes the following people:
  • Mr. Richard Hancock Moore, Chairman & CEO (Age 61, Pay $812.93k)
  • Mr. Michael G. Mayer, Pres & Director (Age 61, Pay $1.04M)
  • Ms. Elizabeth B. Bostian, Exec. VP, Gen. Counsel, CFO & Sec. (Age 41, Pay $285.2k)
  • Ms. Blaise Buczkowski, Exec. VP, Chief Admin. Officer & Chief Accounting Officer (Age 58)
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).

What is First Bancorp's stock symbol?

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

Who are First Bancorp's major shareholders?

First Bancorp's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (14.74%), Vanguard Group Inc. (6.53%), State Street Corp (4.34%), Dimensional Fund Advisors LP (3.97%), Jennison Associates LLC (2.75%) and Bank of New York Mellon Corp (2.29%). Company insiders that own First Bancorp stock include Carlie C Mclamb Jr, Dexter V Perry, 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 major investors are selling First Bancorp stock?

FBNC stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Hsbc Holdings PLC, Panagora Asset Management Inc., Northern Trust Corp, Truist Financial Corp, UBS Group AG, William Blair Investment Management LLC, and BNP Paribas Arbitrage SA.
View insider buying and selling activity for First Bancorp
or view top insider-selling stocks.

Which major investors are buying First Bancorp stock?

FBNC stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Nordea Investment Management AB, Brown Advisory Inc., Renaissance Technologies LLC, Dimensional Fund Advisors LP, Jennison Associates LLC, Beacon Pointe Advisors LLC, and Toronto Dominion Bank. Company insiders that have bought First Bancorp stock in the last two years include Carlie C Mclamb Jr, Dexter V Perry, James C Crawford III, and Richard H Moore.
View insider buying and selling activity for First Bancorp
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is First Bancorp's stock price today?

One share of FBNC stock can currently be purchased for approximately $36.44.

How much money does First Bancorp make?

First Bancorp has a market capitalization of $1.30 billion and generates $329.53 million in revenue each year. The financial services provider earns $95.64 million in net income (profit) each year or $3.25 on an earnings per share basis.

How many employees does First Bancorp have?

First Bancorp employs 1,234 workers across the globe.

When was First Bancorp founded?

First Bancorp was founded in 1948.

What is First Bancorp's official website?

The official website for First Bancorp is 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 or via fax at 910-576-0662.

This page was last updated on 5/22/2022 by MarketBeat.com Staff

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