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DOW   31,188.65
QQQ   323.60
S&P 500   3,852.94
DOW   31,188.65
QQQ   323.60
S&P 500   3,852.94
DOW   31,188.65
QQQ   323.60
S&P 500   3,852.94
DOW   31,188.65
QQQ   323.60
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NASDAQ:FBNC

First Bancorp Stock Forecast, Price & News

$36.53
-0.35 (-0.95 %)
(As of 01/20/2021 01:22 PM ET)
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Today's Range
$36.34
Now: $36.53
$36.98
50-Day Range
$31.68
MA: $34.30
$37.14
52-Week Range
$17.32
Now: $36.53
$38.32
Volume1,833 shs
Average Volume149,638 shs
Market Capitalization$1.05 billion
P/E Ratio13.53
Dividend Yield1.97%
Beta1.26
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

MarketRank

Overall MarketRank

1.63 out of 5 stars

Finance Sector

554th out of 1,939 stocks

State Commercial Banks Industry

117th out of 310 stocks

Analyst Opinion: 1.2Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 1.3 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:FBNC
CUSIP31891010
Phone910-246-2500
Employees1,111

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$308.70 million
Cash Flow$3.68 per share
Book Value$28.79 per share

Profitability

Net Income$92.05 million

Miscellaneous

Market Cap$1.05 billion
Next Earnings Date1/27/2021 (Estimated)
OptionableOptionable
$36.53
-0.35 (-0.95 %)
(As of 01/20/2021 01:22 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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First Bancorp (NASDAQ:FBNC) Frequently Asked Questions

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 (WHO). Since then, FBNC shares have increased by 42.5% and is now trading at $36.62.
View which stocks have been most impacted by COVID-19
.

Is First Bancorp a buy right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Bancorp in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 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 past winning trading ideas 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, beating analysts' consensus estimates of $0.44 by $0.37. The financial services provider earned $76.19 million during the quarter, compared to analyst estimates of $67.19 million. First Bancorp had a net margin of 24.81% and a return on equity of 8.36%.
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, December 16th. Shareholders of record on Thursday, December 31st will be given a dividend of $0.18 per share on Monday, January 25th. This represents a $0.72 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date of this dividend is Wednesday, December 30th.
View First Bancorp's dividend history
.

Is First Bancorp a good dividend stock?

First Bancorp pays an annual dividend of $0.72 per share and currently has a dividend yield of 1.97%. First Bancorp does not yet have a strock track record of dividend growth. The dividend payout ratio of First Bancorp is 23.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Bancorp will have a dividend payout ratio of 28.46% 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?

6 equities research analysts have issued twelve-month price targets for First Bancorp's shares. Their forecasts range from $25.00 to $42.00. On average, they anticipate First Bancorp's share price to reach $33.50 in the next year. This suggests that the stock has a possible downside of 8.5%.
View analysts' price targets for First Bancorp
or view Wall Street analyst' top-rated stocks.

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 60, Pay $542.52k)
  • Mr. Michael G. Mayer, Pres & Director (Age 60, Pay $690.94k)
  • Mr. Eric P. Credle, Exec. VP & CFO (Age 53, Pay $452.74k)
  • Ms. Elizabeth B. Bostian, Exec. VP & Sec.

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 investors include Peregrine Capital Management LLC (1.22%), State of Alaska Department of Revenue (0.08%), Dalton Greiner Hartman Maher & Co. (0.06%), Louisiana State Employees Retirement System (0.05%), Diversified Trust Co (0.03%) and Global Retirement Partners LLC (0.02%). 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, Suzanne S Deferie, Thomas F Phillips and Virginia C Thomasson.
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 Dalton Greiner Hartman Maher & Co., and Global Retirement Partners LLC.
View insider buying and selling activity for First Bancorp
or view top insider-selling stocks.

Which institutional investors are buying First Bancorp stock?

FBNC stock was bought by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, State of Alaska Department of Revenue, Louisiana State Employees Retirement System, and Diversified Trust Co. 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
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.

What is First Bancorp's stock price today?

One share of FBNC stock can currently be purchased for approximately $36.62.

How big of a company is First Bancorp?

First Bancorp has a market capitalization of $1.05 billion 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 1,111 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 1/20/2021 by MarketBeat.com Staff

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