About First Bancorp (NASDAQ:FBNC)
First 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
- Market Cap: $870.39 million
- Outstanding Shares: 24,678,000
- 50 Day Moving Avg: $33.58
- 200 Day Moving Avg: $31.10
- 52 Week Range: $19.18 - $36.00
Sales & Book Value:
- Trailing P/E Ratio: 24.58
- Foreward P/E Ratio: 15.54
- P/E Growth: 1.76
- Annual Revenue: $177.16 million
- Price / Sales: 4.91
- Book Value: $20.29 per share
- Price / Book: 1.74
- Annual Dividend: $0.32
- Dividend Yield: 0.9%
- Net Margins: 17.52%
- Return on Equity: 7.77%
- Return on Assets: 0.83%
- Debt-to-Equity Ratio: 0.71%
- Current Ratio: 1.04%
- Quick Ratio: 1.04%
- 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?
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?
Some companies that are related to First Bancorp include First Financial Bancorp. (FFBC), Park National (PRK), Centerstate Bank Corp (CSFL), NBT Bancorp (NBTB), Union Bankshares Corporation (UBSH), Westamerica Bancorporation (WABC), First Busey Corporation (BUSE), First Commonwealth Financial (FCF), Bgeo Group PLC (BGEO), Tompkins Financial (TMP), Lakeland Financial Corporation (LKFN), Brookline Bancorp (BRKL), FB Financial Corporation (FBK), City Holding Company (CHCO), State Bank Financial Corporation. (STBZ), Southside Bancshares (SBSI), Aldermore Group PLC (ALD) and Seacoast Banking Corporation of Florida (SBCF).
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?
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?
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 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.
One share of First Bancorp stock can currently be purchased for approximately $35.27.
Consensus Ratings for First Bancorp (NASDAQ:FBNC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|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)
Analysts' Ratings History for First Bancorp (NASDAQ:FBNC)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/5/2017||Piper Jaffray Companies||Reiterated Rating||Overweight -> Overweight||$37.00||N/A|
|8/2/2017||Brean Capital||Reiterated Rating||Buy||Low|
|6/26/2017||Keefe, Bruyette & Woods||Reiterated Rating||Buy||$34.00||Low|
|11/14/2016||Gabelli||Downgrade||Buy -> Hold||N/A|
|5/11/2016||FIG Partners||Downgrade||Outperform -> Market Perform||$22.00 -> $22.50||N/A|
Earnings History for First Bancorp (NASDAQ:FBNC)Earnings History by Quarter for First Bancorp (NASDAQ FBNC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/25/2017||Q2 2017||$0.43||$0.45||$49.49 million||$51.79 million||View||N/A|
|1/26/2017||Q4 2016||$0.40||$0.41||$41.04 million||$40.77 million||View||N/A|
|10/27/2016||Q3||$0.17||$0.23||$37.57 million||$35.51 million||View||N/A|
|7/26/2016||Q2||$0.35||$0.37||$38.25 million||$37.46 million||View||N/A|
|4/27/2016||Q1||$0.31||$0.33||$36.07 million||$35.20 million||View||N/A|
|1/28/2016||Q4||$0.34||$0.33||$37.84 million||$35.78 million||View||N/A|
|10/27/2015||Q3||$0.33||$0.34||$37.23 million||$33.89 million||View||N/A|
|7/27/2015||Q2||$0.34||$0.30||$37.23 million||$34.61 million||View||N/A|
|4/29/2015||Q1 2015||$0.34||$0.33||$35.99 million||$34.23 million||View||N/A|
|1/29/2015||Q4 2014||$0.30||$0.34||$39.05 million||$35.42 million||View||N/A|
|10/30/2014||Q3 2014||$0.33||$0.27||$39.27 million||$35.95 million||View||N/A|
|7/30/2014||Q2 2014||$0.30||$0.32||$39.29 million||$38.78 million||View||N/A|
|4/30/2014||Q1 2014||$0.25||$0.27||$39.07 million||$35.83 million||View||N/A|
Earnings Estimates for First Bancorp (NASDAQ:FBNC)
2017 EPS Consensus Estimate: $1.43
2018 EPS Consensus Estimate: $2.25
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for First Bancorp (NASDAQ:FBNC)
|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 History by Quarter for First Bancorp (NASDAQ FBNC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for First Bancorp (NASDAQ:FBNC)
Insider Ownership Percentage: 1.89%Insider Trades by Quarter for First Bancorp (NASDAQ:FBNC)
Institutional Ownership Percentage: 66.03%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/4/2017||Eric P Credle||Insider||Buy||1,000||$29.89||$29,890.00|| |
|5/2/2017||James C Crawford III||Director||Buy||1,000||$28.81||$28,810.00|| |
|5/2/2017||Michael Goodwin Mayer||President||Buy||500||$28.99||$14,495.00|| |
|3/23/2017||Donald H Allred||Director||Buy||722||$28.15||$20,324.30|| |
|2/3/2017||Richard H Moore||CEO||Buy||3,330||$30.00||$99,900.00|| |
|11/2/2016||O. Temple Sloan III||Director||Buy||2,550||$19.70||$50,235.00|| |
|8/15/2016||James C Crawford III||Director||Buy||2,000||$18.63||$37,260.00|| |
|6/30/2016||Richard H Moore||CEO||Buy||1,440||$17.25||$24,840.00|| |
|6/27/2016||Michael Goodwin Mayer||President||Buy||500||$17.35||$8,675.00|| |
|6/24/2016||Eric P Credle||CFO||Buy||1,000||$17.72||$17,720.00|| |
|6/24/2016||Michael Goodwin Mayer||President||Buy||500||$17.94||$8,970.00|| |
|6/24/2016||Richard H Moore||CEO||Buy||2,800||$17.78||$49,784.00|| |
|3/22/2016||Edward Francis Soccorso III||EVP||Buy||1,097||$19.56||$21,457.32|| |
|2/5/2016||Daniel T Jr. Blue||Director||Buy||300||$18.41||$5,523.00|| |
|12/30/2015||Daniel T. Jr. Blue||Director||Buy||2,000||$19.23||$38,460.00|| |
|12/4/2015||Richard H. Moore||CEO||Buy||5,100||$19.45||$99,195.00|| |
|8/21/2015||Richard H Moore||CEO||Buy||2,964||$16.60||$49,202.40|| |
|8/14/2015||Thomas F Phillips||Director||Sell||1,800||$17.00||$30,600.00|| |
|5/8/2015||Michael Goodwin Mayer||President||Buy||1,000||$15.95||$15,950.00|| |
|5/6/2015||Dennis A Wicker||Director||Buy||2,395||$15.93||$38,152.35|| |
|5/5/2015||Dennis A Wicker||Director||Buy||6,605||$15.96||$105,415.80|| |
|5/5/2015||Richard H Moore||CEO||Buy||1,550||$15.97||$24,753.50|| |
|8/4/2014||Richard H Moore||CEO||Buy||4,640||$16.17||$75,028.80|| |
|5/28/2014||Timothy S Maples||EVP||Sell||1,000||$18.50||$18,500.00|| |
|3/17/2014||Edward Francis Soccorso III||EVP||Buy||1,000||$19.05||$19,050.00|| |
|3/4/2014||Lee Mclaurin||EVP||Sell||1,000||$19.38||$19,380.00|| |
|9/24/2013||Lee Mclaurin||EVP||Sell||2,160||$15.75||$34,020.00|| |
|5/28/2013||Lee C Mclaurin||EVP||Sell||1,000||$15.35||$15,350.00|| |
|5/22/2013||Jerry L Ocheltree||President||Sell||1,245||$14.13||$17,591.85|| |
|5/13/2013||Timothy S Maples||EVP||Sell||1,500||$13.95||$20,925.00|| |
|3/27/2013||Dennis A Wicker||Director||Buy||4,000||$13.34||$53,360.00|| |
|2/6/2013||James C Crawford III||Director||Buy||5,000||$12.49||$62,450.00|| |
|9/6/2012||Richard H Moore||CEO||Buy||10,000||$10.94||$109,400.00|| |
Headline Trends for First Bancorp (NASDAQ:FBNC)
Latest Headlines for First Bancorp (NASDAQ:FBNC)
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First Bancorp (FBNC) Chart for Tuesday, October, 24, 2017