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: Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:FBNC
  • CUSIP: 31891010
  • Web: www.localfirstbank.com
Capitalization:
  • Market Cap: $870.39 million
  • Outstanding Shares: 24,678,000
Average Prices:
  • 50 Day Moving Avg: $33.58
  • 200 Day Moving Avg: $31.10
  • 52 Week Range: $19.18 - $36.00
P/E:
  • Trailing P/E Ratio: 24.58
  • Foreward P/E Ratio: 15.54
  • P/E Growth: 1.76
Sales & Book Value:
  • Annual Revenue: $177.16 million
  • Price / Sales: 4.91
  • Book Value: $20.29 per share
  • Price / Book: 1.74
Dividend:
  • Annual Dividend: $0.32
  • Dividend Yield: 0.9%
Profitability:
  • Net Margins: 17.52%
  • Return on Equity: 7.77%
  • Return on Assets: 0.83%
Debt:
  • Debt-to-Equity Ratio: 0.71%
  • Current Ratio: 1.04%
  • Quick Ratio: 1.04%
Misc:
  • Average Volume: 78,403 shs.
  • Beta: 1.13
  • Short Ratio: 14.19
 

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 Friday, September 15th. Stockholders of record on Friday, September 29th will be given a dividend of $0.08 per share on Wednesday, October 25th. This represents a $0.32 annualized dividend and a dividend yield of 0.91%. The ex-dividend date of this dividend is Thursday, September 28th. View First Bancorp's Dividend History.

How were First Bancorp's earnings last quarter?

First Bancorp (NASDAQ:FBNC) issued its quarterly earnings results on Tuesday, July, 25th. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.43 by $0.02. The company had revenue of $51.79 million for the quarter, compared to analyst estimates of $49.49 million. First Bancorp had a net margin of 17.52% and a return on equity of 7.77%. View First Bancorp's Earnings History.

When will First Bancorp make its next earnings announcement?

First Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for First Bancorp.

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

4 brokers have issued 12-month price objectives for First Bancorp's stock. Their predictions range from $33.00 to $37.00. On average, they anticipate First Bancorp's stock price to reach $34.67 in the next twelve months. View Analyst Ratings for First Bancorp.

Who are some of First Bancorp's key competitors?

Who are First Bancorp's key executives?

First Bancorp's management team includes the folowing people:

  • Mary Clara Capel, Independent Chairman of the Board
  • Richard H. Moore, President, Chief Executive Officer, Director
  • Eric P. Credle, Chief Financial Officer, Executive Vice President of the Company and First Bank
  • James C. Crawford III, Independent Chairman of the board, Director of First Bank
  • Michael G. Mayer, Director; President of First Bank
  • Donald H. Allred, Independent Director
  • Daniel T. Blue Jr., Independent Director
  • Abby J. Donnelly, Independent Director
  • Thomas F. Phillips, Independent Director
  • O. Temple Sloan III, Independent Director

Who owns First Bancorp stock?

First Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional investors include Nationwide Fund Advisors (0.12%) and Shell Asset Management Co. (0.07%). 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 and Richard H Moore. 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 Shell Asset Management Co. and Nationwide Fund Advisors. 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.

What is First Bancorp's stock price today?

One share of First Bancorp stock can currently be purchased for approximately $35.27.


MarketBeat Community Rating for First Bancorp (NASDAQ FBNC)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  114 (Vote Outperform)
Underperform Votes:  143 (Vote Underperform)
Total Votes:  257
MarketBeat's community ratings are surveys of what our community members think about First Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for First Bancorp (NASDAQ:FBNC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $34.67 (1.71% downside)
Consensus Price Target History for First Bancorp (NASDAQ:FBNC)
Price Target History for First Bancorp (NASDAQ:FBNC)
Analysts' Ratings History for First Bancorp (NASDAQ:FBNC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/5/2017Piper Jaffray CompaniesReiterated RatingOverweight -> Overweight$37.00N/AView Rating Details
8/2/2017Brean CapitalReiterated RatingBuyLowView Rating Details
6/26/2017Keefe, Bruyette & WoodsReiterated RatingBuy$34.00LowView Rating Details
11/14/2016GabelliDowngradeBuy -> HoldN/AView Rating Details
5/11/2016FIG PartnersDowngradeOutperform -> Market Perform$22.00 -> $22.50N/AView Rating Details
(Data available from 10/24/2015 forward)

Earnings

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
10/25/2017Q3 2017$0.49N/AView Earnings Details
7/25/2017Q2 2017$0.43$0.45$49.49 million$51.79 millionViewN/AView Earnings Details
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)

Estimates

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)

Dividends

Current Dividend Information for First Bancorp (NASDAQ:FBNC)
Next Dividend:10/25/2017
Annual Dividend:$0.32
Dividend Yield:0.91%
Payout Ratio:22.54% (Trailing 12 Months of Earnings)
17.02% (Based on This Year's Estimates)
14.10% (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
9/15/2017Quarterly$0.081%9/28/20179/29/201710/25/2017
6/15/2017Quarterly$0.081.02%6/28/20176/30/20177/25/2017
3/15/2017quarterly$0.081.12%3/29/20173/31/20174/25/2017
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 and Institutional Ownership History for First Bancorp (NASDAQ:FBNC)
Insider Ownership Percentage: 1.89%
Institutional Ownership Percentage: 66.03%
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)

Headlines

Headline Trends for First Bancorp (NASDAQ:FBNC)
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Chart

First Bancorp (FBNC) Chart for Tuesday, October, 24, 2017

This page was last updated on 10/24/2017 by MarketBeat.com Staff

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