S&P 500   3,669.01 (+0.18%)
DOW   29,883.79 (+0.20%)
QQQ   303.67 (+0.07%)
AAPL   123.09 (+0.30%)
MSFT   214.93 (-0.59%)
FB   287.10 (+0.19%)
GOOGL   1,823.32 (+1.56%)
AMZN   3,202.37 (-0.55%)
TSLA   569.30 (-2.64%)
NVDA   541.83 (+1.16%)
BABA   261.08 (-1.11%)
CGC   28.13 (+5.55%)
GE   10.42 (+2.66%)
MU   69.20 (+3.16%)
AMD   93.75 (+1.21%)
T   29.08 (+0.73%)
NIO   47.89 (+5.58%)
F   9.19 (-0.54%)
ACB   10.90 (+11.79%)
NFLX   502.08 (-0.50%)
BA   223.79 (+5.06%)
GILD   61.21 (+0.15%)
DIS   153.50 (+2.72%)
S&P 500   3,669.01 (+0.18%)
DOW   29,883.79 (+0.20%)
QQQ   303.67 (+0.07%)
AAPL   123.09 (+0.30%)
MSFT   214.93 (-0.59%)
FB   287.10 (+0.19%)
GOOGL   1,823.32 (+1.56%)
AMZN   3,202.37 (-0.55%)
TSLA   569.30 (-2.64%)
NVDA   541.83 (+1.16%)
BABA   261.08 (-1.11%)
CGC   28.13 (+5.55%)
GE   10.42 (+2.66%)
MU   69.20 (+3.16%)
AMD   93.75 (+1.21%)
T   29.08 (+0.73%)
NIO   47.89 (+5.58%)
F   9.19 (-0.54%)
ACB   10.90 (+11.79%)
NFLX   502.08 (-0.50%)
BA   223.79 (+5.06%)
GILD   61.21 (+0.15%)
DIS   153.50 (+2.72%)
S&P 500   3,669.01 (+0.18%)
DOW   29,883.79 (+0.20%)
QQQ   303.67 (+0.07%)
AAPL   123.09 (+0.30%)
MSFT   214.93 (-0.59%)
FB   287.10 (+0.19%)
GOOGL   1,823.32 (+1.56%)
AMZN   3,202.37 (-0.55%)
TSLA   569.30 (-2.64%)
NVDA   541.83 (+1.16%)
BABA   261.08 (-1.11%)
CGC   28.13 (+5.55%)
GE   10.42 (+2.66%)
MU   69.20 (+3.16%)
AMD   93.75 (+1.21%)
T   29.08 (+0.73%)
NIO   47.89 (+5.58%)
F   9.19 (-0.54%)
ACB   10.90 (+11.79%)
NFLX   502.08 (-0.50%)
BA   223.79 (+5.06%)
GILD   61.21 (+0.15%)
DIS   153.50 (+2.72%)
S&P 500   3,669.01 (+0.18%)
DOW   29,883.79 (+0.20%)
QQQ   303.67 (+0.07%)
AAPL   123.09 (+0.30%)
MSFT   214.93 (-0.59%)
FB   287.10 (+0.19%)
GOOGL   1,823.32 (+1.56%)
AMZN   3,202.37 (-0.55%)
TSLA   569.30 (-2.64%)
NVDA   541.83 (+1.16%)
BABA   261.08 (-1.11%)
CGC   28.13 (+5.55%)
GE   10.42 (+2.66%)
MU   69.20 (+3.16%)
AMD   93.75 (+1.21%)
T   29.08 (+0.73%)
NIO   47.89 (+5.58%)
F   9.19 (-0.54%)
ACB   10.90 (+11.79%)
NFLX   502.08 (-0.50%)
BA   223.79 (+5.06%)
GILD   61.21 (+0.15%)
DIS   153.50 (+2.72%)
Log in
NASDAQ:FBNC

First Bancorp Stock Forecast, Price & News

$32.50
+0.82 (+2.59 %)
(As of 12/2/2020 03:57 PM ET)
Add
Compare
Today's Range
$31.29
Now: $32.50
$32.62
50-Day Range
$21.99
MA: $27.80
$34.31
52-Week Range
$17.32
Now: $32.50
$41.34
Volume14,360 shs
Average Volume170,291 shs
Market Capitalization$930.48 million
P/E Ratio12.04
Dividend Yield2.29%
Beta1.09
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. 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 October 26, 2020, it operated 101 branches in North Carolina and South Carolina. The company was founded in 1934 and is headquartered in Southern Pines, North Carolina.
First Bancorp logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.2Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.80 out of 5 stars


Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:FBNC
CUSIP31891010
Phone910-246-2500
Employees1,065

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$308.70 million
Cash Flow$3.59 per share
Book Value$30.76 per share

Profitability

Net Income$92.05 million

Miscellaneous

Market Cap$930.48 million
Next Earnings Date1/27/2021 (Estimated)
OptionableOptionable
$32.50
+0.82 (+2.59 %)
(As of 12/2/2020 03:57 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive FBNC News and Ratings via Email

Sign-up to receive the latest news and ratings for FBNC and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











First Bancorp (NASDAQ:FBNC) Frequently Asked Questions

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

First Bancorp's stock was trading at $25.70 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FBNC stock has increased by 26.3% and is now trading at $32.47.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of First Bancorp?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Bancorp in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for First Bancorp
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than First Bancorp?

Wall Street analysts have given First Bancorp a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but First Bancorp wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is First Bancorp's next earnings date?

First Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for First Bancorp
.

How were First Bancorp's earnings last quarter?

First Bancorp (NASDAQ:FBNC) released its quarterly earnings results on Saturday, October, 31st. The financial services provider reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.44 by $0.37. The financial services provider had revenue of $76.19 million for the quarter, compared to the consensus estimate of $67.19 million. First Bancorp had a return on equity of 8.36% and a net margin of 24.81%.
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 16th. Investors of record on Wednesday, September 30th will be given a dividend of $0.18 per share on Friday, October 23rd. This represents a $0.72 annualized dividend and a dividend yield of 2.22%. The ex-dividend date is Tuesday, September 29th.
View First Bancorp's dividend history
.

What price target have analysts set for FBNC?

6 brokers have issued 12 month target prices for First Bancorp's stock. Their forecasts range from $25.00 to $42.00. On average, they anticipate First Bancorp's stock price to reach $33.50 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price.
View analysts' price targets for First Bancorp
.

Are investors shorting First Bancorp?

First Bancorp saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 599,900 shares, an increase of 36.1% from the October 31st total of 440,900 shares. Based on an average trading volume of 290,200 shares, the days-to-cover ratio is currently 2.1 days. Approximately 2.2% of the shares of the stock are short sold.
View First Bancorp's Short Interest
.

Who are some of First Bancorp's key competitors?

What other stocks do shareholders of First Bancorp own?

Who are First Bancorp's key executives?

First Bancorp's management team includes the following people:
  • Mr. Richard Hancock Moore, CEO & Director (Age 59, Pay $542.52k)
  • Mr. Michael G. Mayer, Pres & Director (Age 59, Pay $690.94k)
  • Mr. Eric P. Credle, Exec. VP & CFO (Age 52, Pay $452.74k)
  • Ms. Elizabeth B. Bostian, Exec. VP & Sec.
  • Ms. Elsie M. Alvarez, Sr. VP of First Bank

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 variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.31%), Jennison Associates LLC (2.63%), State Street Corp (2.26%), Federated Hermes Inc. (1.31%), Victory Capital Management Inc. (1.16%) and Penn Capital Management Co. Inc. (1.06%). Company insiders that own First Bancorp stock include Dennis A Wicker, Eric P Credle, Frederick Leslie Taylor, James C Crawford III, Mary Clara Capel, Richard H Moore, 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 BlackRock Inc., Acadian Asset Management LLC, Mendon Capital Advisors Corp, Dalton Greiner Hartman Maher & Co., Victory Capital Management Inc., State Street Corp, Wells Fargo & Company MN, and New York State Common Retirement Fund.
View insider buying and selling activity for First Bancorp
.

Which major investors are buying First Bancorp stock?

FBNC stock was bought by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Thrivent Financial for Lutherans, Penn Capital Management Co. Inc., Walthausen & Co. LLC, Peregrine Capital Management LLC, AQR Capital Management LLC, First Trust Advisors LP, and GSA Capital Partners LLP. Company insiders that have bought First Bancorp stock in the last two years include 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
.

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, Robinhood, Fidelity, and Charles Schwab.

What is First Bancorp's stock price today?

One share of FBNC stock can currently be purchased for approximately $32.47.

How big of a company is First Bancorp?

First Bancorp has a market capitalization of $929.62 million and generates $308.70 million in revenue each year. The financial services provider earns $92.05 million in net income (profit) each year or $3.10 on an earnings per share basis. First Bancorp employs 1,065 workers across the globe.

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.

This page was last updated on 12/2/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.