-logo.jpg "First Bancorp logo")
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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:FBNC
CUSIP31891010
Phone910-246-2500
Debt
Debt-to-Equity Ratio0.56
Current Ratio1.03
Quick Ratio1.03
Price-To-Earnings
Trailing P/E Ratio21.98
Forward P/E Ratio13.47
P/E Growth1.14
Sales & Book Value
Annual Sales$226.29 million
Price / Sales5.34
Cash Flow$1.9791 per share
Price / Cash20.55
Book Value$23.38 per share
Price / Book1.74
Profitability
EPS (Most Recent Fiscal Year)$1.85
Net Income$45.97 million
Net Margins26.25%
Return on Equity10.53%
Return on Assets1.29%
Miscellaneous
Employees1,166
Outstanding Shares29,700,000
Market Cap$1.21 billion
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 Monday, September 17th. Stockholders of record on Sunday, September 30th will be given a dividend of $0.10 per share on Thursday, October 25th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date of this dividend is Thursday, September 27th. View First Bancorp's Dividend History.
How were First Bancorp's earnings last quarter?
First Bancorp (NASDAQ:FBNC) posted its earnings results on Thursday, July, 26th. The financial services provider reported $0.79 EPS for the quarter, topping the consensus estimate of $0.69 by $0.10. The financial services provider had revenue of $67.34 million for the quarter, compared to analysts' expectations of $68.24 million. First Bancorp had a net margin of 26.25% and a return on equity of 10.53%. View First Bancorp's Earnings History.
When is First Bancorp's next earnings date?
What price target have analysts set for FBNC?
6 brokers have issued 1 year target prices for First Bancorp's shares. Their forecasts range from $35.00 to $46.00. On average, they expect First Bancorp's share price to reach $40.6667 in the next twelve months. This suggests that the stock has a possible downside of 0.0%. 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.
Who are some of First Bancorp's key competitors?
Some companies that are related to First Bancorp include IBERIABANK (IBKC), Associated Banc (ASB), Investors Bancorp (ISBC), Texas Capital Bancshares (TCBI), Hancock (HBHC), First Financial Bankshares (FFIN), Home Bancshares (HOMB), Chemical Financial (CHFC), United Bankshares (UBSI), First Hawaiian (FHB), Glacier Bancorp (GBCI), Cathay General Bancorp (CATY), Bank of Hawaii (BOH), International Bancshares (IBOC) and South State (SSB).
Who are First Bancorp's key executives?
First Bancorp's management team includes the folowing people:
- Mr. Richard Hancock Moore, CEO & Director (Age 57)
- Mr. Michael G. Mayer, Pres & Director (Age 57)
- Mr. Eric P. Credle, Exec. VP & CFO (Age 50)
- Ms. Elizabeth B. Bostian, Exec. VP and Sec.
- Mr. Lee C. McLaurin, Exec. VP & Controller (Age 56)
Who are First Bancorp's major shareholders?
First Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.49%), Dimensional Fund Advisors LP (4.78%), Macquarie Group Ltd. (2.60%), Renaissance Technologies LLC (2.00%), Northern Trust Corp (1.88%) and Jennison Associates LLC (1.47%). 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, O Temple Sloan III, 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 Thompson Siegel & Walmsley LLC, Peregrine Capital Management LLC, Huber Capital Management LLC, Victory Capital Management Inc., WINTON GROUP Ltd, Employees Retirement System of Texas, JCSD Capital LLC and Bank of New York Mellon Corp. Company insiders that have sold First Bancorp company stock in the last year include Eric P Credle, Mary Clara Capel and Suzanne S Deferie. View Insider Buying and Selling for First Bancorp.
Which institutional investors are buying First Bancorp stock?
FBNC stock was purchased by a variety of institutional investors in the last quarter, including Northern Trust Corp, Dimensional Fund Advisors LP, Maltese Capital Management LLC, Maltese Capital Management LLC, Macquarie Group Ltd., BlackRock Inc., Bank of America Corp DE and First Trust Advisors LP. 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, O Temple Sloan III, 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 $40.67.
How big of a company is First Bancorp?
First Bancorp has a market capitalization of $1.21 billion and generates $226.29 million in revenue each year. The financial services provider earns $45.97 million in net income (profit) each year or $1.85 on an earnings per share basis. First Bancorp employs 1,166 workers across the globe.
What is First Bancorp's official website?
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)
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.
