S&P 500   4,591.67
DOW   35,227.03
QQQ   386.20
S&P 500   4,591.67
DOW   35,227.03
QQQ   386.20
S&P 500   4,591.67
DOW   35,227.03
QQQ   386.20
S&P 500   4,591.67
DOW   35,227.03
QQQ   386.20
NASDAQ:FBNC

First Bancorp Stock Forecast, Price & News

$45.69
+0.84 (+1.87%)
(As of 12/6/2021 12:00 AM ET)
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Today's Range
$45.30
$46.33
50-Day Range
$39.35
$50.49
52-Week Range
$32.29
$50.92
Volume
156,743 shs
Average Volume
156,434 shs
Market Capitalization
$1.63 billion
P/E Ratio
11.96
Dividend Yield
1.78%
Beta
1.24
30 days | 90 days | 365 days | Advanced Chart
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First Bancorp logo

About First Bancorp

First Bancorp operates as a bank holding company, which engages banking activities, with the acceptance of deposits and the making of loans. It provides range of deposit products such as checking, savings, NOW and money market accounts, as well as time deposits, including various types of certificates of deposits CDs and individual retirement accounts. The company's offerings include credit cards, debit cards, letters of credit; safe deposit box rentals, bank money orders and electronic funds transfer services, including wire transfers. It provides loans for a range of consumer and commercial purposes, including loans for business, agriculture, real estate, personal uses, home improvement and automobiles. The company was founded on December 8, 1983 and is headquartered in Southern Pines, NC.

Headlines

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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
1,118
Year Founded
1948

Sales & Book Value

Annual Sales
$319.03 million
Cash Flow
$3.25 per share
Book Value
$26.12 per share

Profitability

Net Income
$81.48 million
Pretax Margin
43.37%

Debt

Price-To-Earnings

Miscellaneous

Free Float
34,783,000
Market Cap
$1.63 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
9/29/2021
Last Earnings
10/25/2021
Dividend Payable
10/25/2021
Today
12/07/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/26/2022

Social Links


MarketRank

Overall MarketRank

2.70 out of 5 stars

Finance Sector

190th out of 1,335 stocks

State Commercial Banks Industry

34th out of 231 stocks

Analyst Opinion: 2.0Community Rank: 4.4Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 1.3 5 -4 -3 -2 -1 -












First Bancorp (NASDAQ:FBNC) Frequently Asked Questions

Is First Bancorp a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Bancorp in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" First Bancorp stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FBNC, but not buy additional shares or sell existing shares.
View analyst ratings for First Bancorp
or view top-rated stocks.

How has First Bancorp's stock been impacted by COVID-19 (Coronavirus)?

First Bancorp's stock was trading at $25.70 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FBNC stock has increased by 77.8% and is now trading at $45.69.
View which stocks have been most impacted by COVID-19
.

Are investors shorting First Bancorp?

First Bancorp saw a decline in short interest in November. As of November 15th, there was short interest totaling 890,500 shares, a decline of 27.6% from the October 31st total of 1,230,000 shares. Based on an average daily volume of 227,300 shares, the days-to-cover ratio is presently 3.9 days.
View First Bancorp's Short Interest
.

When is First Bancorp's next earnings date?

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

How were First Bancorp's earnings last quarter?

First Bancorp (NASDAQ:FBNC) issued its earnings results on Monday, October, 25th. The financial services provider reported $0.97 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.97. The financial services provider had revenue of $75.06 million for the quarter, compared to the consensus estimate of $77.45 million. First Bancorp had a net margin of 34.25% and a trailing twelve-month return on equity of 12.07%.
View First Bancorp's earnings history
.

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

First Bancorp announced a quarterly dividend on Wednesday, September 15th. Investors of record on Thursday, September 30th will be given a dividend of $0.20 per share on Monday, October 25th. This represents a $0.80 annualized dividend and a dividend yield of 1.75%. The ex-dividend date of this dividend is Wednesday, September 29th.
View First Bancorp's dividend history
.

Is First Bancorp a good dividend stock?

First Bancorp pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.78%. First Bancorp has been increasing its dividend for 4 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 20.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Bancorp will have a dividend payout ratio of 23.88% 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?

1 analysts have issued twelve-month price objectives for First Bancorp's shares. Their forecasts range from $52.00 to $52.00. On average, they anticipate First Bancorp's share price to reach $52.00 in the next twelve months. This suggests a possible upside of 13.8% 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:
  • Richard Hancock Moore, Chief Executive Officer, Treasurer & Director
  • Michael Goodwin Mayer, President & Director
  • Elizabeth B. Bostian, CFO, Secretary, Executive VP & General Counsel
  • John F. Burns, Executive Vice President
  • Blaise Buczkowski, Chief Accounting & Administrative Officer

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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.65%), Dimensional Fund Advisors LP (3.63%), Macquarie Group Ltd. (4.03%), Jennison Associates LLC (3.23%), William Blair Investment Management LLC (2.95%) and Bank of New York Mellon Corp (2.25%). Company insiders that own First Bancorp stock include Carlie C Mclamb Jr, Dexter V Perry, Eric P Credle, Frederick Leslie Taylor, James C Crawford III, Mary Clara Capel, Michael Goodwin Mayer, Richard H Moore, Suzanne S Deferie, Thomas F Phillips and Virginia C Thomasson.
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 Goldman Sachs Group Inc., Mendon Capital Advisors Corp, Dimensional Fund Advisors LP, Peregrine Capital Management LLC, Hsbc Holdings PLC, BlackRock Inc., Bank of New York Mellon Corp, and Citigroup Inc.. Company insiders that have sold First Bancorp company stock in the last year include Mary Clara Capel, Michael Goodwin Mayer, Richard H Moore, and Suzanne S Deferie.
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 purchased by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Wellington Management Group LLP, Jennison Associates LLC, Jupiter Asset Management Ltd., Two Sigma Advisers LP, SummerHaven Investment Management LLC, BNP Paribas Arbitrage SA, and Two Sigma Investments LP. Company insiders that have bought First Bancorp stock in the last two years include Carlie C Mclamb Jr, Dexter V Perry, Eric P Credle, Frederick Leslie Taylor, James C Crawford III, Richard H Moore, and Virginia C Thomasson.
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 $45.69.

How much money does First Bancorp make?

First Bancorp has a market capitalization of $1.63 billion and generates $319.03 million in revenue each year. The financial services provider earns $81.48 million in net income (profit) each year or $3.82 on an earnings per share basis.

How many employees does First Bancorp have?

First Bancorp employs 1,118 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.

Where are First Bancorp's headquarters?

First Bancorp is headquartered at 300 SW Broad Street, Southern Pines NC, 28387.

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 12/7/2021 by MarketBeat.com Staff

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